Microsoft to Invest $3.3 Billion in Building New AI Data Center

This week Microsoft announced plans to help establish Southeast Wisconsin “as a hub for AI-powered economic activity, innovation, and job creation,” according to the company’s press release. As part of the broad investment package, the tech giant is planning “$3.3 billion in cloud computing and AI infrastructure, the creation of the country’s first manufacturing-focused AI co-innovation lab, and an AI skilling initiative to equip more than 100,000 of the state’s residents with essential AI skills.” Microsoft’s new data center campus will replace the failed $10 billion Foxconn LCD manufacturing center planned for Mount Pleasant, situated in Racine County. Continue reading Microsoft to Invest $3.3 Billion in Building New AI Data Center

Government Commits $285 Million for ‘Digital Twin’ Research

The Biden Administration has opened a call for applications for $285 million in funding for a national research institute that will develop semiconductor “digital twins,” software representations of semiconductor hardware that live in the cloud, where teams can collaborate remotely to design, test and analyze the components, allowing engineers to discover and address problems before the manufacturing process begins. The CHIPS Manufacturing USA institute will be the hub for companies and organizations advancing this work, which is meant to decrease domestic reliance on foreign-sourced chips as a matter of national security. Continue reading Government Commits $285 Million for ‘Digital Twin’ Research

Synthesia Express-1 Model Gives ‘Expressive Avatars’ Emotion

London-based AI-startup Synthesia, which creates avatars for enterprise-level generative video presentations, has added “Expressive Avatars” to its feature kit. Powered by Synthesia’s new Express-1 model, these fourth-generation avatars have achieved a new benchmark in realism by using contextual expressions that approximates human emotion, the company says. Express-1 has been trained “to understand the intricate relationship between what we say and how we say it,” allowing Expressive Avatars to perform a script with the correct vocal tone, body language and lip movement, “like a real actor,” according to Synthesia. Continue reading Synthesia Express-1 Model Gives ‘Expressive Avatars’ Emotion

Apple Unveils OpenELM Tech Optimized for Local Applications

The trend toward small language models that can efficiently run on a single device instead of requiring cloud connectivity has emerged as a focus for Big Tech companies involved in artificial intelligence. Apple has released the OpenELM family of open-source models as its entry in that field. OpenELM uses “a layer-wise scaling strategy” to efficiently allocate parameters within each layer of the transformer model, resulting in what Apple claims is “enhanced accuracy.” The “ELM” stands for “Efficient Language Models,” and one media outlet couches it as “the future of AI on the iPhone.” Continue reading Apple Unveils OpenELM Tech Optimized for Local Applications

Meta Education Initiative Aims to Put Quest VR in Classrooms

Meta will release a new Quest educational product later this year. As with 2023’s workplace-specific Meta Quest for Business, the as yet unnamed learning tool will allow teachers, trainers and administrators to access education-specific apps and features, and make it possible for them to manage multiple Quest devices at once. The classroom convenience of not having to individually update and prepare each headset for the same lesson was one of Meta’s key findings in researching what teachers wanted from virtual reality, Meta says, positioning education and training as a growing tech product sector, with lots of app activity. Continue reading Meta Education Initiative Aims to Put Quest VR in Classrooms

Meta Deploys Gen 2 MTIA AI Accelerator Chip in Data Centers

Meta’s next generation AI silicon is a 5nm chip designed to power the models that provide recommendations to those who use its social network platforms. The new MTIA inference accelerator is part of a “broader full-stack development program for custom, domain-specific silicon that addresses our unique workloads and systems,” Meta says. The next-gen MTIA more than doubles the compute and memory bandwidth of its predecessor, the 7nm MTIA v1 chip introduced in May 2023, resulting in 3x the performance, according to Meta, which says the new silicon is already live in 16 data centers. Continue reading Meta Deploys Gen 2 MTIA AI Accelerator Chip in Data Centers

OpenAI Hopes ChatGPT Enterprise Will Help Drive B2B Profit

There are now more than 600,000 users signed up for OpenAI’s ChatGPT Enterprise, up from 150,000 in January of this year. A surge, by any standards, it has sent OpenAI doubling down on the B2B approach as a way to turn artificial intelligence into a profitable business — something it is under some pressure to do in order to satisfy its obligations to investors. The company is also amping up its Custom Model training program, aimed at helping enterprise clients develop individually tailored generative AI technology for specific use cases and applications. Continue reading OpenAI Hopes ChatGPT Enterprise Will Help Drive B2B Profit

Big Tech Launches Consortium to Address AI Impact on Jobs

Artificial Intelligence is not angling to steal jobs, according to Big Tech, which is galvanizing its forces to push back against that perception by forming a new consortium that addresses the effect of AI on the workforce. Called the AI-Enabled ICT Workforce Consortium, it will “assess AI’s impact on technology jobs and identify skills development pathways for the roles most likely to be affected by artificial intelligence,” according to Cisco, which leads the initiative. Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft and SAP are also participating. Continue reading Big Tech Launches Consortium to Address AI Impact on Jobs

Google GenAI Accelerator Launches with $20 Million in Grants

Google.org, the charitable arm of the Alphabet giant, has launched a program to help fund non-profits working on technology to support “high-impact applications of generative AI.” The Google.org Accelerator: Generative AI is a six-month program that kicks off with more than $20 million in grants for 21 non-profit firms. Among them, student writing aid group Quill.org, job seeker for low- to middle-income countries Tabiya, and Benefits Data Trust, which helps low-income applicants access and enroll in public benefits. In addition to funds, the new unit provides mentorship, technical training and pro bono support from “a dedicated AI coach.” Continue reading Google GenAI Accelerator Launches with $20 Million in Grants

Apple Unveils Progress in Multimodal Large Language Models

Apple researchers have gone public with new multimodal methods for training large language models using both text and images. The results are said to enable AI systems that are more powerful and flexible, which could have significant ramifications for future Apple products. These new models, which Apple calls MM1, support up to 30 billion parameters. The researchers identify multimodal large language models (MLLMs) as “the next frontier in foundation models,” which exceed the performance of LLMs and “excel at tasks like image captioning, visual question answering and natural language inference.” Continue reading Apple Unveils Progress in Multimodal Large Language Models

Reddit Hopes to Raise $748M in IPO Aimed at $6.4B Valuation

Reddit is moving ahead with its IPO and plans to raise between $682 million and $748 million on a fully diluted valuation of between $5.8 billion and $6.4 billion. Although no date has been announced, the IPO is expected to take place sometime this month. According to a Securities and Exchange Commission filing Monday, Reddit says it will offer 22 million 15.3 million Class A common shares and 6.7 million insider shares from investors including CEO Steve Huffman and COO Jen Wong. Pricing will be between $31 and $34 per share. The proposed market cap is $4.9 billion to $5.4 billion. Continue reading Reddit Hopes to Raise $748M in IPO Aimed at $6.4B Valuation

Reddit Announces IPO on Heels of Expanded Deal with Google

Community message board and social news aggregator Reddit, founded in 2005, has filed to go public on the New York Stock Exchange in an IPO observers say may be complete in a matter of weeks. It is the first social media company to go public in many years, with Snap Inc.’s 2017 offering cited as the most recent stock market splash. Reddit’s bankers are reportedly seeking a $5 billion valuation, about half the $10 billion it was valued at for a 2021 private funding round. Reddit filed with the SEC the same day it announced an “expanded partnership” with Google to use Vertex AI. Continue reading Reddit Announces IPO on Heels of Expanded Deal with Google

Amazon Claims ’Emergent Abilities’ for Text-to-Speech Model

Researchers at Amazon have trained what they are calling the largest text-to-speech model ever created, which they claim is exhibiting “emergent” qualities — the ability to inherently improve itself at speaking complex sentences naturally. Called BASE TTS, for Big Adaptive Streamable TTS with Emergent abilities, the new model could pave the way for more human-like interactions with AI, reports suggest. Trained on 100,000 hours of public domain speech data, BASE TTS offers “state-of-the-art naturalness” in English as well as some German, Dutch and Spanish. Text-to-speech models are used in developing voice assistants for smart devices and apps and accessibility. Continue reading Amazon Claims ’Emergent Abilities’ for Text-to-Speech Model

Stability AI Advances Image Generation with Stable Cascade

Stability AI, purveyor of the popular Stable Diffusion image generator, has introduced a completely new model called Stable Cascade. Now in preview, Stable Cascade uses a different architecture than Stable Diffusion’s SDXL that the UK company’s researchers say is more efficient. Cascade builds on a compression architecture called Würstchen (German for “sausage”) that Stability began sharing in research papers early last year. Würstchen is a three-stage process that includes two-step encoding. It uses fewer parameters, meaning less data to train on, greater speed and reduced costs. Continue reading Stability AI Advances Image Generation with Stable Cascade

Slack AI Brings Generative Features to Channels and Threads

Slack AI is a new paid add-on for enterprise clients that want to boost productivity using artificial intelligence. Generative capabilities in the initial release include personalized responses to questions, channel recaps and thread summaries that promise to “catch you up on long conversations in one click.” Slack says pilot data indicated customers including Uber and Anthropic “could save an average of 97 minutes per user each week using Slack AI to find answers, distill knowledge and spark ideas.” Slack AI is backward compatible, generating information based on the history built over time on the platform. Continue reading Slack AI Brings Generative Features to Channels and Threads