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13min chapter
#147 - Google’s Gemini, EU AI Act Deal, Mixtral of Experts, Meta’s ‘Seamless’ translator
Last Week in AI
Innovations in AI Fundraising and Model Development
This chapter explores recent fundraising successes in the AI sector, spotlighting significant investments like Assembly AI's $50 million round and Leonardo.ai's $31 million funding for generative art. It discusses the performance of new models, including Mistral.ai's Mixtrol 8x7b and Stripe Hyena 7B, while also contemplating the competitive landscape and future sustainability of these technologies. The chapter emphasizes innovative architectural advancements, such as hybrid attention mechanisms, that are reshaping the capabilities and efficiencies of AI models.
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