📣 OpenAI Doubled Annualized Revenue in 6 Months
OpenAI reportedly more than doubled its annualized revenue over the last six months or so. The firm’s current annualized revenue is $3.4 billion, up from $1.6 billion in 2023, Bloomberg reported Wednesday (June 12), citing a paywalled article by The Information.
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📣 Databricks Launches AI-Powered Business Intelligence Product
Databricks has launched an artificial intelligence (AI)-powered business intelligence (BI) product designed to enable anyone in an organization to access analytics and insights.
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🔴 Mistral AI secures €600 million in series B funding to expand AI development
The recent funding round not only underscores the confidence of new investors but also the continued support from existing backers, including tech giants like Microsoft, Nvidia, and Salesforce Ventures.
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➡️ Apple Intelligence, the personal intelligence system that puts powerful generative models on the Apple ecosystem
Read to see all features announced at the Apple WWDC 2024 - Link
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🕯 Nvidia outperforms Apple by over 25x in 2024
Nvidia (NVDA) shares rose over 150% since the beginning of 2024, while Apple (AAPL) shares only rose 6% year-to-date (YTD), according to Nasdaq data.
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🕯 Top weekly AI token losers
• Synesis One $SNS: -27.82%
• GameGPT $DUEL: -26.91%
• Optimus AI $OPTI: -26.05%
• SPECTRE AI $SPECTRE: -23.99%
• NFPrompt $NFP: -22.68%
• Only1 $LIKE: -22.65%
• PaLM AI $PALM: -22.18%
• Commune AI $COMAI: -21.10%
• Verasity $VRA: -20.25%
• Gaimin $GMRX: -19.62%
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🔴 The stakes at Apple's WWDC 2024: AI integration and Siri’s future
This move could significantly enhance Siri’s capabilities by integrating more advanced AI, a much-needed upgrade given the digital assistant's historical performance issues since its launch in 2011.
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🌐 Google introduces new guidelines for AI apps on Google Play to enhance safety and privacy
Under the new guidelines, AI apps on Google Play must include mechanisms to block the creation of restricted content and provide users with options to report offensive material.
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🔴 Google expands NotebookLM globally with slides support and fact-check
NotebookLM, which leverages Google's advanced multimodal LLM, Gemini 1.5 Pro, now supports interface languages in 108 different languages, including widely spoken ones such as Arabic, Chinese, Dutch, French, and Hindi.
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🔴 Stability AI launches Stable Audio Open - An open source model for audio samples and sound design
The model is not without its limitations. It cannot be used for commercial purposes, as its terms of service prohibit such use
https://nosisnews.com/stability-ai-launches-stable-audio-open-an-open-source-model-for-audio-samples-and-sound-design/
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🔴 eBay launches AI-powered background to enhance product images for listings
Currently available on iOS apps in the U.S., U.K., and Germany, this feature will expand to Android users in the upcoming months.
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⚠️ ChatGPT, Claude and Perplexity all had an outage at the same time, was this intentional?
ChatGPT's service disruption was evident on its landing page, where users were unable to interact with the AI, starting around 7:33 AM PT. The service did not resume until approximately 10:17 AM PT.
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Travel app Sékr wants to help you plan your next road trip with its new AI tool
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🍎 Apple's AI expansion in iOS 18: What to expect at WWDC
One of the most significant updates in iOS 18 is the overhaul of Siri, Apple's digital assistant. Powered by Apple’s proprietary large language models, Siri will soon be able to execute more complex tasks directly within apps, without the need for user or developer setup.
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🔴 Cloudera acquires AI startup Verta to enhance machine learning capabilities
Cloudera aims to enhance its product offerings and accelerate the adoption of AI-driven solutions among its customers.
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📣 Samsung offers plan to speed up delivery of AI chips
Samsung Electronics said its contract manufacturing business plans to offer a one-stop shop for clients to get their AI chips made faster, integrating its global No. 1 memory chip, foundry, and chip packaging services, to harness the AI boom.
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📣 Oracle $ORCL, Microsoft $MSFT, and OpenAl are partnering to extend the Microsoft Azure Al platform to Oracle Cloud Infrastructure (OCI) to provide additional capacity for OpenAl
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🔴 Particle partners with reuters and gets $10.9M in funding
Using advanced AI technologies, including GPT-4o, Particle aims to deliver concise summaries of news stories. This feature is designed to help users grasp the main points of a story quickly, enhancing the consumption of news in today’s fast-paced environment.
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📣 Apple is bringing ChatGPT to the iPhone in partnership with OpenAI
Apple unveiled a long-awaited AI strategy on Monday, integrating Apple Intelligence across its suite of apps, including Siri, and announced a partnership with OpenAI to bring ChatGPT to its devices.
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📣 Apple Brands AI as ‘Apple Intelligence’
Artificial intelligence (AI) will have a starring role at Apple’s developer conference this week. That’s the name the company has given its AI system, which is coming to new versions of the iPhone, iPad and Mac operating systems, Bloomberg News reported Friday (June 7), citing sources familiar with Apple’s plans.
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🕯 Top weekly AI token gainers
• Oasis $ROSE: +20.46%
• HyperGPT $HGPT: +18.96%
• Cere Network $CERE: +18.38%
• Injective $INJ: +14.05%
• Openfabric $OFN: +13.84%
• OORT $OORT: +13.00%
• RSS3 $RSS3: +12.21%
• Bad Idea $BAD: +11.47%
• Gaphlinq Chain $GLQ: +11.09%
• Apeiron $APRS: +9,70%
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📊 Nvidia temporarily surpasses Apple in market valuation
During this period, Nvidia saw its market cap reach heights close enough to challenge Microsoft's leading position of $3.1 trillion. Although Nvidia slid back to third place with a valuation of $2.973 trillion
https://nosisnews.com/nvidia-temporarily-surpasses-apple-in-market-valuation/
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🔴 AI models exhibit cultural biases in handling sensitive topics, study finds
The research tested various AI models, including Meta’s Llama 3, on their handling of sensitive questions across multiple languages and cultural contexts.
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🔴 Mistral is introducing new AI model customization options, including paid plans, to let developers and enterprises fine-tune its generative models for particular use cases.
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🌐 Google launches AI startup program for American public infrastructure
This program is designed to equip startups with the necessary tools and training to tackle pressing challenges across various industries, including agriculture, energy, education, and more.
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🔴 Asana introduces 'AI Teammates' to transform workflow automation between AI and humans
For instance, an AI teammate could prompt a user to refine a help ticket, ensuring all necessary details are included before it progresses through the system.
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⚡️ Raspberry Pi introduces AI capabilities with new $70 AI Kit
The core of this upgrade is the HAT+ extension card, which stands for “Hardware Attached on Top.” This card includes an M.2 slot, typically used for PC components, and connects to the Raspberry Pi via a PCIe 3.0 interface, achieving speeds of up to 8Gbps
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🕯 Top weekly AI token losers
• AIT Protocol $AIT: -28.03%
• Zero1 Labs $DEAI: -27.97%
• Turbo $TURBO: -26.67%
• Only1 $LIKE: -25.58%
• Gaimin $GMRX: -24.61%
• Openfabric AI $OFN: -22.53%
• LimeWire $LMWR: -22.25%
• Commune AI $COMAI: -21.82%
• GameGPT $DUEL: -19.58%
• Akash Network $AKT: -19.37%
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🕯 Top weekly AI token gainers
• Optimus AI $OPTI: +45.75%
• Botto $BOTTO: +18.67%
• NFPrompt $NFP: +16.60%
• Oasis $ROSE: +15.12%
• Artificial Liquid Intelligence $ALI: +10.20%
• SelfKey $KEY: +9.77%
• Numbers Protocol $NUM: +9.24%
• Sleepless AI $AI: +8.08%
• HyperGPT $HGPT: +6.68%
• Arkham $ARKM: +6.67%
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🔴 Finnish startup Binit introduces AI-powered home trash tracking
The device, which resembles a kitchen appliance, is designed to be mounted near household trash areas, where it uses camera vision backed by neural networks to identify and record thrown-away items.
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