📰 What's new in AI - week ending May 9th

Caity Belta
Community Manager
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May 8, 2024
Happy Wednesday!
The latest AI industry news, brought to you by folks who scroll so you don't have to. New this week: Responsible AI! 
Away we go:
Move over GPT, there’s a new model on the block! Microsoft is reportedly developing MAI-1, a massive LLM set to rival OpenAI's GPT models. The goal of this project is to create a versatile language model that can understand and generate human-like text across various applications, and ultimately power Microsoft Copilot. MAI-1 is expected to have about 500 billion parameters!  New Microsoft AI model may challenge GPT-4 and Google Gemini (Ars Technica)
In another corner of the AI realm, Holistic AI just got a big $200M funding boost.
The startup is working to advance multi-agent AI models that learn more like humans by drawing from a broad spectrum of knowledge. Holistic AI plans to use the funding to expedite research efforts in fields like unsupervised learning, reinforcement learning, and algorithms inspired by neuroscience. DeepMind Alumni Raise $200 Million Funding Round for Holistic AI (Bloomberg)
Meanwhile, Wayve, a British startup, is revolutionizing self-driving tech with an innovative approach: embodied AI. Unlike AI models carrying out cognitive or generative tasks, embodied AI interacts with and learns from real-world surroundings and environments…fascinating! Wayve, an A.I. Start-Up for Autonomous Driving, Raises $1 Billion (NYT)
More AI news below :down-visible:
:rolled_up_newspaper: The latest news
:chart_with_upwards_trend: Industry trends
:safety_vest: Responsible AI

 

Hope everyone enjoyed Team24 last week! ICYMI, Here's a recap megathread I'm currently cultivating.
Caity 

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