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

Caity Belta
Community Manager
Community Managers are Atlassian Team members who specifically run and moderate Atlassian communities. Feel free to say hello!
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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