Meta Debuts Llama 3, Latest AI Model for Powering Chatbots
Meta Platforms Inc., the parent company of Facebook, has introduced its latest innovation in artificial intelligence with the debut of the Llama 3 model. This new AI technology marks the company's ongoing efforts to stay competitive in the rapidly evolving landscape of AI model, where companies like OpenAI and...
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Microsoft Invests $1.5 Billion in UAE’s G42, Will Get Board Seat
Microsoft Corp. has announced a significant investment of $1.5 billion in G42, the top artificial intelligence (AI) firm based in the United Arab Emirates. This strategic move comes after G42, headquartered in Abu Dhabi, made a groundbreaking decision to cut ties with China as part of a deal with...
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AI Technology Shift to Help Drive Samsung’s Comeback
Samsung Electronics Co. is set to lead the global rally in semiconductor stocks, driven by newfound optimism surrounding its artificial intelligence strategy. The company, which has lagged behind competitors in recent years, is now poised for a comeback due to the increasing demand for NAND memory, where the company...
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Meta to Add AI Features to Ray Ban Stories Smart Glasses Next Month
Meta, the parent company of Facebook, has revealed plans to introduce new AI features to its smart glasses product, Ray Ban Stories. The company initially developed these smart glasses in collaboration with Ray Ban, offering users a stylish and innovative way to interact with augmented reality technology. The addition...
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AI Startup Cohere Nears Deal to Raise Funds at $5 Billion Valuation
Cohere, the artificial intelligence startup, is on the brink of securing a significant round of funding that would propel its valuation to an impressive $5 billion. The company, known for its cutting-edge AI technologies, is currently in advanced discussions with potential investors to raise a substantial sum of $500...
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