Major AI Companies Introduce Compact Language Models, Redefining AI Accessibility
Hugging Face, Nvidia/Mistral AI, and OpenAI release SLMs: SmolLM, Mistral-Nemo, and GPT-4o Mini, targeting mobile AI, desktop computing, and affordability.
Groq’s Open-Source Llama AI Model Outperforms Leading Competitors
Groq’s Llama-3-Groq-70B-Tool-Use model tops BFCL, using ethical synthetic data, and is accessible through Groq API and Hugging Face.
TSMC Shifts Focus to High-End AI Chips, Boosting Revenue
TSMC’s revenue surge is driven by AI chips, with smartphones contributing less. The strategic shift aligns with growing AI demand.
Shaped.ai Secures $8M in Series A Funding to Enhance AI Recommendation Platform
Shaped.ai secures $8M funding from Madrona Ventures and Y-Combinator to expand and enhance AI platform for personalized user experiences and industry adoption.
aiXplain Secures $6.5M in Pre-Series A Funding for AI Development Platform
aiXplain secures $6.5M in funding from Wa’ed Ventures, totaling $16.5M, to expand operations and enhance its AI platform.
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