AI Edition - It's AI Time - 105 [28-07-2024]

AI Edition - It's AI Time - 105

On July 28, 2024, several notable AI updates were reported. One significant development is the release of Meta's Llama 3.1, a collection of multilingual large language models (LLMs) that includes a highly anticipated 405 billion parameter variant, which promises enhanced performance and capabilities for various applications.

Another key update involves advancements in AI regulation and ethical concerns. The European Union's Artificial Intelligence Act has introduced measures to prevent the indiscriminate use of facial recognition databases and social scoring systems, among other high-risk AI applications. This regulatory framework aims to ensure transparency and accountability in AI systems.

In the realm of research, MIT has made strides with a new multimodal agent, MAIA, designed to improve the interpretability of AI models by iteratively designing experiments. Additionally, MIT's latest studies highlight the importance of randomization in AI decision-making to enhance fairness and the need for accurate uncertainty estimates to better assess AI model reliability before deployment.

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