Google releases Gemma 2

Today’s Highlights:

📰 News: Google releases Gemma 2 - its latest model for researchers and developers

💰 Funding: Lambda Labs looks to raise $800M

⚡️ Top News Stories:

1. Google releases Gemma 2, a highly efficient AI model for global researchers and developers, promising superior performance and cost savings.

• Gemma 2 features  9B and 27B parameter sizes for improved performance and efficiency.

• Its redesigned architecture also offers top-tier performance in its size class and significant cost savings, running efficiently on a single NVIDIA H100 Tensor Core GPU or TPU host.

2. Amazon hires Adept's cofounders, while licensing the company's AI tech to strengthen its AI capabilities. Meanwhile, Adept will pivot to focus on agent AI solutions.

3. Amazon plans to spend over $100Bn in the next decade on data centers for AI and cloud computing, w/ specific focus on expanding AWS infrastructure. 

4. Baidu launches Ernie 4.0 Turbo, its upgraded AI model, aiming to stay competitive in China's AI market, as it reaches 300M users.

5. Apple Intelligence is set to expand to the Vision Pro headset, bringing advanced features to its mixed-reality environment, like notification prioritization, writing tools, and an OpenAI chatbot.

6. Google Translate is adding 110 new languages, thanks to the PaLM 2 LLM, facilitating the largest update in Google Translate’s history.

7. Meta is beginning to test user-created AI chatbots on Instagram, starting with a small group of creators and users in the U.S.

8. The Center for Investigative Reporting (CIR) is the latest to sue Microsoft and OpenAI for copyright infringement, w/ claims that the companies used their stories without permission or compensation to enhance their AI products.

9. TIME signs partnerships w/ OpenAI and ElevenLabs to enhance their offering w/ the latest AI tech. 

• TIME and OpenAI have entered a multi-year strategic partnership to integrate TIME's journalism with OpenAI's products, w/ OpenAI having access to current and historical content from TIME's 101-year archives.

• TIME has partnered with ElevenLabs to implement automated voiceovers on TIME.com, enhancing accessibility and engagement with audio content.

10. The UN General Assembly adopted a China-led resolution to aid poor nations in benefiting from AI, which encourages international cooperation for AI capacity-building in developing countries.

11. University of Tokyo researchers create a new method to bind engineered skin to robots, enhancing lifelike appearance and capabilities.

12. GXO Logistics and Agility Robotics sign a landmark multi-year agreement to deploy humanoid robots in logistics operations.

💰 Top Funding News:

1. Lambda Labs seeks $800M funding to expand AI cloud services amidst high demand for Nvidia GPUs.

2. Robinhood acquires AI-powered research platform Pluto Capital Inc to enhance its trading app. The terms of the deals were not disclosed. Pluto’s AI will help identify trends, guide investment strategies, and offer real-time portfolio optimization.

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