OpenAI has introduced its new “o1” series of reasoning models, which the company touts as a major advancement in artificial intelligence to tackle complex problems in science, coding, and mathematics. The company announced today that the first model in the series, “OpenAI o1-preview,” is now...
Sedric AI has raised $18.5 million in a Series A funding round to continue developing and promoting its artificial intelligence (AI)-powered compliance platform for financial institutions. The company will use the new funding to grow its AI lab in Tel Aviv and to expand its...
OpenAI executives are reportedly considering subscription prices as high as $2,000 per month for the company’s upcoming large language models (LLMs) like Strawberry and Orion. The executives have discussed higher prices in early internal talks regarding these LLMs, Reuters reported Thursday (Sept. 5), citing a...
This has been the year of enterprise artificial intelligence (AI). From healthcare and financial services to government agencies, critical sectors around the globe are embracing the benefits that large language models (LLMs) and other AI systems can provide when it comes to driving efficiencies, enabling...
August 14, 2024
Artificial intelligence company Anthropic has debuted a new feature for its large language models (LLMs) aimed at reducing costs and improving performance for businesses using its AI. The company’s “Prompt Caching” capability, announced Wednesday (Aug. 14), will be available in public beta on the Anthropic API for its Claude 3.5 Sonnet and Claude 3 Haiku […]
July 29, 2024
In a move that’s sending ripples through the tech and business worlds, Meta Platforms has unveiled its most advanced AI models yet, challenging industry leaders OpenAI and Google. The release...
June 26, 2024
UC Santa Cruz researchers have devised a method to significantly reduce the energy costs of running large language models. It’s a development that could significantly impact the use of artificial...
June 19, 2024
Move over, human tellers: artificial intelligence (AI) chatbots may be the new face of banking. As digital solutions continue to disrupt the industry, experts say these conversational AI systems are...
September 05, 2024
Sedric AI has raised $18.5 million in a Series A funding round to continue developing and promoting its artificial intelligence (AI)-powered compliance platform for financial institutions. The company will use the new funding to grow its AI lab in Tel Aviv and to expand its global go-to-market teams, according to a Thursday (Sept. 5) press release. […]
September 05, 2024
OpenAI executives are reportedly considering subscription prices as high as $2,000 per month for the company’s upcoming large language models (LLMs) like Strawberry and Orion. The executives have discussed higher...
September 01, 2024
Coinbase says it has seen its first-ever “AI to AI” crypto transaction. In a post on X Friday (Aug. 30), CEO Brian Armstrong said the cryptocurrency exchange had overseen its...
August 29, 2024
Meta says its AI models have been downloaded nearly 350 million times since last year. That’s more than 10 times the downloads compared to this time in 2023, the social...
