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AI Pioneer Kai-Fu Lee Builds $1 Billion Startup in Eight Months

01. AI’s model outperforms Meta’s Llama 2 on certain metricsStartup to offer open-source model; proprietary options laterA Chinese startup founded by computer scientist Kai-Fu Lee has become a unicorn in less than eight months on the strength of a new open-source artificial-intelligence model that outstrips Silicon Valley’s best, on at least certain metrics.

The company, 01.AI, has reached a valuation of more than $1 billion after a funding round that included Alibaba Group Holding Ltd.’s cloud unit, Lee said in an interview. The chief executive officer of venture firm Sinovation Ventures will also be CEO of the new startup. He began assembling the team for 01.AI in March and started… More.


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Chatbots May ‘Hallucinate’ More Often Than Many Realize

When summarizing facts, ChatGPT technology makes things up about 3 percent of the time, according to research from a new start-up. A Google system’s rate was 27 percent.

When the San Francisco start-up OpenAI unveiled its ChatGPT online chatbot late last year.

When Google introduced a similar chatbot several weeks later, it spewed nonsense about the James Webb telescope. The next day, Microsoft’s new Bing chatbot offered up all sorts of bogus information about the Gap, Mexican nightlife and the… More.

Micron taps Taiwan and Japan to make advanced AI memory chips

Micron President and CEO Sanjay Mehrotra, speaking at the grand opening of the company’s latest advanced production and test… More.


TAICHUNG, Taiwan — U.S. memory chip maker Micron is doubling down on Taiwan and Japan as the key production bases for its cutting-edge products as it battles South Korean rivals to capture demand from the AI boom.

Taiwan and Japan play vital roles in the production of Micron’s most advanced dynamic random-access (DRAM) memory and high-bandwidth memory (HBM) chips, Naga Chandrasekaran, Micron’s senior vice president of technology development, told reporters on Monday. Advanced DRAM and HBM chips are vital for enabling powerful generative AI computing applications such as ChatGPT and Bard.

The Vital Role Of Partnerships In Scaling Artificial Intelligence

An effective way of tackling this challenge is to find friendly partners who can help bear the burden. This means other businesses and organizations with the skills you’re missing or that specialize in the support infrastructure you need, be it in engineering, logistics, marketing or sales.

This is particularly essential when dealing with AI. It’s certainly getting easier for companies to start exploring and benefiting from AI. But fully integrating it in a business across every viable use case is still expensive, time-consuming and often dependent on the availability of highly skilled specialists.

Businesses rely on trusted networks of consultants, suppliers, and resellers to create these partnership ecosystems. Partnership working in the context of AI is going to be particularly important for small and medium sized enterprises (SMEs) that generate the majority of GDP and account for 90 percent of global business activity. Ultimately, it’s likely to be these businesses that will determine whether AI achieves its projected $4.4 trillion potential.

AI-chip cousins? CEO Nvidia, AMD lead US tech war against China

Jensen Huanf and Lisa Lu, CEOs of NVIDIA and AMD, are cousins. However, they are not close and have not been seen out together publicly.

Those who keep abreast of what’s happening in the semiconductor industry know that top dogs NVIDIA and AMD are competitors that regularly take potshots at each other. But what a lot of people may not know is that the CEOs of these two companies are cousins.


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Cousin rivalry?

Toyota’s EVs Aim To Win With 620 Miles Of Range, But Not Big Batteries

Awkward name aside, the Lexus LF-ZC Concept that debuted at the Japan Mobility Show last week is a very big deal. When it goes into production in 2026, it will be the first electric vehicle on an all-new, ground-up Toyota platform; will do some very next-level things with the company’s steer-by-wire technology; and an alleged 620 miles of electric range.

It is not, however, going to do that with some huge battery pack that weighs as much as an apartment building. Instead, it’s going to rely mostly on chemistry to deliver on those big range claims.

As part of the auto show festivities, Toyota invited several international media outlets, including InsideEVs, to Japan last week. There, the world’s largest automaker previewed a number of emerging technology concepts, including a simulated “manual transmission” for electric cars, an advanced in-car AI assistant and its EV battery plans for the next few years.

Tesla to integrate Elon Musk’s new AI assistant in its vehicles

Tesla is going to integrate Elon Musk’s newly launched Grok AI assistant in its electric vehicles, according to the CEO.

Earlier this year, Musk launched a new AI startup, xAI, and said that it will work closely with Tesla.

The company’s mission is “to understand the true nature of the universe”, but in practice, its first project is to build a chatbot or AI assistant à la ChatGPT.

Chinese drones with ‘human brains’ tackle complex tasks through group chats

The post included a demonstration video from the researchers, showing how a team of five drones successfully located a set of keys in an outdoor park.

“The drones showcased key abilities, including humanlike dialogue interaction, proactive environmental awareness and autonomous entity control,” the WeChat report said. Autonomous entity control refers to the drone cluster’s ability to adjust flight status in real time based on environmental feedback.

The technology equips each drone with a “human brain”, allowing them to chat with each other using natural language. This ability was developed based on a Chinese open-source large language model called InternLM, according to the report.

Smart Glasses Revolution: Unlocking Human Potential with Phantom Technology’s AR Assistant

The future of smart glasses is about to change drastically with the upcoming release of DigiLens ARGO range next year. These innovative smart glasses will be powered by Phantom Technology’s cutting-edge spatial AI assistant, CASSI. This partnership between DigiLens, based in Silicon Valley, and Phantom Technology, located at St John’s Innovation Centre, brings together the expertise of both companies to create a game-changing wearable device.

Phantom Technology, an AI start-up founded by a group of brilliant minds, has been working diligently over the years to develop advanced human interface technologies for AI wearables. Their breakthrough 3D imaging technology allows users to identify objects in their environment, enhancing their overall experience. With DigiLens incorporating Phantom’s patented optical platform into their consumer product, customers can expect a new era of smart glasses with unparalleled features.

CASSI, the novel spatial AI assistant designed by Phantom Technology, aims to boost productivity and awareness in enterprise settings. This innovative assistant combines computer vision algorithms with a large language model, enabling users to receive step-by-step instructions and assistance for various tasks. Imagine effortlessly locating any physical object or destination in the real world with 3D precision, using your voice to generate instructions, and seamlessly managing tasks using augmented reality.

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