The chapter discusses the launch of high-parameter models like the 8 billion and 70 billion parameter models, highlighting their competitive performance metrics. It covers the introduction of a new open source model by META, the disappearance of models due to Microsoft's toxicity rules, and the release of various models with significant improvements in benchmark scores. Additionally, it touches on Adobe's integration of AI in Premiere for video manipulation, Microsoft's creation of animated characters with VASA 1, and updates on tools like torch tune library and stable diffusion three.

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