AI Edition - It's AI Time - 11 [25-04-2024]
AI Edition - It's AI Time - 11 "From SoftBank's billion-dollar AI push to Adobe's Firefly 3, explore the latest in AI innovation reshaping industries." 1. Japan’s SoftBank makes nearly $1 billion AI push In yet another example of Japan’s accelerating efforts in the AI space, Nikkei reported that Japanese telecom SoftBank plans to invest $960 million by 2025 to purchase the AI chips that is, Nvidia GPUs required to develop and power its own large language model on par with OpenAI’s GPT-4. According to Nikkei, the massive investment in computing infrastructure is believed to be the largest of any Japanese company. 2. Adobe powers Photoshop with the latest version of Firefly, its generative AI image model. Adobe launches Firefly 3, its latest gen AI image model, now available in the new Photoshop beta. Since the debut of its original Firefly AI model, praised for its Generative Fill feature, competition in AI-generated imagery has intensified with rivals like OpenA...