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- 2 year old AI startup gets acquired for $1.3B
2 year old AI startup gets acquired for $1.3B
PLUS: Adobe's legal step for Firefly and OpenAI's plans
Hey folks, today we have the AI startup Mosiac ML being acquired by DataBricks. A huge win for the ecosystem.
Next up, Adobe is taking legal responsibility for Firefly usage, and Open AI might be going heads-on with Microsoft with an office work app with ChatGPT.
Letās get to it.
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š¤ Our Picks
Highlights if you've only got 2 minutes
1/
Step aside you greedy VCs, itās time for acquisitions to take centre stage, and DataBricks is kicking off the show. Theyāve just entered into a whopper of a $1.3B deal to buy MosaicML - the startup building platforms for organisations to train their own state-of-the-art language models for deployment. MosaicLM, with just $64M raised, has been making waves already: Their flagship model has 3.3 million downloads, and theyāre big on open-source. Can we call this a step in the direction of democratising AI?
WSJ un-paywalled here.
2/
If youāre like me, reading phrases like āindemnity clauseā will make your eyes droop and your brain switch off. But trust me on this one, itās worth knowing about - especially if you wanna be a Firefly enterprise customer. (If you didnāt know, Firefly is Adobeās AI art generator/editor.) Adobe has gone bold (pardon the pun?) and offered to pay the legal fees of any copyright lawsuits that come to customers as a result of Firefly outputs. Thatās actually a massive, and smart move. It simultaneously demonstrates confidence in their ethical sourcing of images for training, and will lure back those customers who were treading nervously.
3/
An interview with Sam Altman earlier this month (which got taken down) mentioned that OpenAI is not looking to compete with its partners. But this report from The Information flips that on its head.
So, Sam hush hush told some developers about the plans of making a super-work app with ChatGPT, targeting enterprises. This means direct conflict with Microsoftāthe money machine for OpenAI and Salesforceāanother of its biggest partners.
There is some news on Twitter about Sam getting interested in AI agents as well.
4/
It looks like the slow pace of Googleās Bard in the race against ChatGPT has pricked the ears of Googleās buddy DeepMind - surely one of the most formidable competitors in a tech race. Watch out OpenAI! Deepmindās CEO claims that their next model Gemini, is gonna be better than ChatGPT, and theyāre oozing confidence.
Theyāre building it using a combination of typical LLM tech, and methods used in their algorithm that beat pro Go players, they say itāll advance abilities for language models to solve complex problems and analyse text.
š ļø Cool Tools
Product launches, updates and demos
EmbedAI ā Train and embed your own AI. (link)
SatoshiGPT ā Your AI for all things crypto. (link)
Climb - One-click model deployment & inference without leaving your VPC. (link)
Jarside - Feed your website with cost-effective articles. (link)
ChatHN - Chat with Hacker News using OpenAI function calling. (link)
Torq AI - Your ultimate productivity assistant. (link)
BentoML - Platform for software engineers to build AI products. (link) Bento just closed $9M seed round. (link)
Drag your GAN - Demo space on Hugging Face. (link)
Get shook - Hear your voice in any language. (link)
GUS - AI designer in your pocket. A whole new way to build your own corner of the internet. (link)
LangTale Playground - Experiment with the latest features of OpenAI, including functions calling without writing a single line of code. (link)
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š¤ Miscellaneous
News, podcasts, videos, blogs etc
Hope, fear and AI - A survey of 2,000+ US adults. (link)
The future of search is being reinvented with generative AI. (link)
MotionGPT - Human motion as a foreign language. (link)
DragDiffusion: Harnessing diffusion models for interactive point-based image editing. (link)
The Chinese model ChatGLM was claimed to have surpassed GPT-4. (link)
AI is killing the old web, and the new web struggles to be born. (link)
Stability AI Head of Research resigns from the startup. (link)
As the generative AI craze rages on, Ramp acquires customer support startup Cohere.io - different from Cohere.ai. (link)
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How-toās and resources
š° Unclassifieds
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š¼ AI Images of the day
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