Apple Intelligence rival secures $10M to develop open-source alternative

Categories
AI, Events

𝙿𝙸𝙽 𝙰𝙸, 𝚋𝚊𝚌𝚔𝚎𝚍 𝚋𝚢 𝚊𝟷𝟼𝚣, 𝚍𝚎𝚟𝚎𝚕𝚘𝚙𝚜 𝚊 𝚙𝚛𝚒𝚟𝚊𝚌𝚢-𝚏𝚘𝚌𝚞𝚜𝚎𝚍, 𝚘𝚙𝚎𝚗-𝚜𝚘𝚞𝚛𝚌𝚎 𝚊𝚕𝚝𝚎𝚛𝚗𝚊𝚝𝚒𝚟𝚎 𝚝𝚘 𝙰𝚙𝚙𝚕𝚎’𝚜 𝙰𝙸, 𝚞𝚝𝚒𝚕𝚒𝚣𝚒𝚗𝚐 𝚋𝚕𝚘𝚌𝚔𝚌𝚑𝚊𝚒𝚗 𝚝𝚘 𝚎𝚖𝚙𝚘𝚠𝚎𝚛 𝚞𝚜𝚎𝚛𝚜 𝚒𝚗 𝚖𝚘𝚗𝚎𝚝𝚒𝚣𝚒𝚗𝚐 𝚝𝚑𝚎𝚒𝚛 𝚙𝚎𝚛𝚜𝚘𝚗𝚊𝚕 𝚍𝚊𝚝𝚊. PIN AI, an artificial intelligence infrastructure company, has secured $10 million in pre-seed funding and joined the Fall 2024 cohort of the a16z Crypto Startup Accelerator (a16z CSX). According to a press […]

Nvidia Suffers Record $279 Billion Rout as AI Worry Sinks Stocks

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AI, Events

Four weeks after US stocks buckled amid a global flight from risk assets, chipmakers touched off another bout of equities selling when a pair of industry analysts rekindled worries that the mania surrounding artificial intelligence had gone too far. Nvidia Corp. shares tumbled 9.5%, wiping out $278.9 billion in the biggest loss of value ever […]

Apple used Google’s chips to train its AI — Where does that leave Nvidia?

Categories
AI

𝘕𝘷𝘪𝘥𝘪𝘢’𝘴 𝘴𝘩𝘳𝘪𝘯𝘬𝘪𝘯𝘨 𝘮𝘢𝘳𝘬𝘦𝘵 𝘤𝘢𝘱 𝘤𝘰𝘶𝘭𝘥 𝘴𝘪𝘨𝘯𝘢𝘭 𝘢 𝘴𝘩𝘪𝘧𝘵 𝘪𝘯 𝘵𝘩𝘦 𝘨𝘦𝘯𝘦𝘳𝘢𝘵𝘪𝘷𝘦 𝘈𝘐 𝘥𝘦𝘷𝘦𝘭𝘰𝘱𝘦𝘳’𝘴 𝘮𝘢𝘳𝘬𝘦𝘵. Apple had the same choices as any other technology company with money to burn when it came to training its artificial intelligence models. It could have used its own chips, conducted training via a cloud infrastructure, or gone the popular route […]

OpenAI is building a new AI model under code name ‘Strawberry’

Categories
AI

𝘚𝘵𝘳𝘢𝘸𝘣𝘦𝘳𝘳𝘺 𝘦𝘹𝘵𝘦𝘯𝘥𝘴 𝘰𝘯 𝘖𝘱𝘦𝘯𝘈𝘐’𝘴 𝘘* 𝘱𝘳𝘰𝘫𝘦𝘤𝘵 𝘢𝘯𝘯𝘰𝘶𝘯𝘤𝘦𝘥 𝘪𝘯 𝘕𝘰𝘷𝘦𝘮𝘣𝘦𝘳 2023, 𝘸𝘩𝘪𝘤𝘩 𝘴𝘰𝘮𝘦 𝘥𝘦𝘴𝘤𝘳𝘪𝘣𝘦𝘥 𝘢𝘴 𝘢 𝘵𝘦𝘤𝘩𝘯𝘪𝘤𝘢𝘭 𝘣𝘳𝘦𝘢𝘬𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘢𝘭𝘭𝘰𝘸𝘪𝘯𝘨 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘥𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵 𝘰𝘧 “𝘧𝘢𝘳 𝘮𝘰𝘳𝘦 𝘱𝘰𝘸𝘦𝘳𝘧𝘶𝘭” 𝘈𝘐 𝘮𝘰𝘥𝘦𝘭𝘴. ChatGPT maker OpenAI is reportedly building a new AI model called “Strawberry” to help its artificial intelligence tools reach human-level intelligence through advanced reasoning. Strawberry would effectively scan […]

Apple reportedly working to bring AI to the Vision Pro

Categories
AI

Apple’s AI plans go beyond the previously announced Apple Intelligence launches on the iPhone, iPad, and Mac. According to Bloomberg’s Mark Gurman, the company is also working to bring these features to its Vision Pro headsets. It’s not the most surprising move — if Apple Intelligence (a whole suite of features including an improved Siri, […]

Nvidia Becomes World’s Most Valuable Company as AI Rally Steams Ahead

Categories
AI

𝘕𝘷𝘪𝘥𝘪𝘢 𝘊𝘰𝘳𝘱.’𝘴 𝘳𝘦𝘭𝘦𝘯𝘵𝘭𝘦𝘴𝘴 𝘳𝘢𝘭𝘭𝘺 𝘩𝘢𝘴 𝘱𝘳𝘰𝘱𝘦𝘭𝘭𝘦𝘥 𝘵𝘩𝘦 𝘴𝘦𝘮𝘪𝘤𝘰𝘯𝘥𝘶𝘤𝘵𝘰𝘳 𝘨𝘪𝘢𝘯𝘵’𝘴 𝘮𝘢𝘳𝘬𝘦𝘵 𝘤𝘢𝘱𝘪𝘵𝘢𝘭𝘪𝘻𝘢𝘵𝘪𝘰𝘯 𝘰𝘷𝘦𝘳 𝘪𝘵𝘴 𝘮𝘦𝘨𝘢-𝘤𝘢𝘱 𝘵𝘦𝘤𝘩 𝘱𝘦𝘦𝘳𝘴, 𝘩𝘦𝘭𝘱𝘪𝘯𝘨 𝘪𝘵 𝘤𝘭𝘪𝘯𝘤𝘩 𝘵𝘩𝘦 𝘵𝘪𝘵𝘭𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘸𝘰𝘳𝘭𝘥’𝘴 𝘮𝘰𝘴𝘵-𝘷𝘢𝘭𝘶𝘢𝘣𝘭𝘦 𝘤𝘰𝘮𝘱𝘢𝘯𝘺 𝘢𝘴 𝘵𝘩𝘦 𝘢𝘳𝘵𝘪𝘧𝘪𝘤𝘪𝘢𝘭 𝘪𝘯𝘵𝘦𝘭𝘭𝘪𝘨𝘦𝘯𝘤𝘦 𝘸𝘢𝘷𝘦 𝘤𝘰𝘯𝘵𝘪𝘯𝘶𝘦𝘴. The stock rose 3.5% to close at $135.58 a share Tuesday, putting the company’s market value at about $3.3 trillion and catapulting it […]

Rumoured AI Announcement at Upcoming Apple Event Could Send AI Crypto Gems Soaring 300x

Categories
AI, Crypto

Apple’s potential AI pivot at WWDC 2024 could fuel the growth of AI cryptocurrencies like WienerAI, which has already seen success in its presale. In anticipation of Apple’s 2024 Worldwide Developers Conference (WWDC), rumours of the tech giant’s significant move towards generative artificial intelligence (AI) have sparked excitement within the tech and crypto communities. This […]

AI-Linked Crypto Tokens Underperform as Apple’s Event Fails to Impress Traders

Categories
AI, Business, Crypto, Trading

𝘛𝘰𝘬𝘦𝘯𝘴 𝘰𝘧 𝘙𝘦𝘯𝘥𝘦𝘳, 𝘍𝘦𝘵𝘤𝘩.𝘢𝘪, 𝘚𝘪𝘯𝘨𝘶𝘭𝘢𝘳𝘪𝘵𝘺𝘕𝘌𝘛 𝘢𝘯𝘥 𝘉𝘪𝘵𝘵𝘦𝘯𝘴𝘰𝘳 𝘴𝘭𝘶𝘮𝘱𝘦𝘥 3%-5% 𝘥𝘦𝘴𝘱𝘪𝘵𝘦 𝘮𝘰𝘴𝘵𝘭𝘺 𝘧𝘭𝘢𝘵 𝘣𝘪𝘵𝘤𝘰𝘪𝘯 𝘢𝘯𝘥 𝘣𝘳𝘰𝘢𝘥𝘦𝘳 𝘤𝘳𝘺𝘱𝘵𝘰 𝘱𝘳𝘪𝘤𝘦𝘴. Apple shares tumbled nearly 2% as tech giant unveiled its AI plans during the annual developers event. The rout rippled through AI-adjacent cryptos which underperformed the broader digital asset market. Artificial intelligence-linked (AI) cryptocurrencies slumped Monday as tech […]

Crypto AI: Render Network (RNDR) +40% thanks to Apple and whales!

Categories
AI, Crypto

In the world of AI-driven cryptocurrencies, there’s a celebration going on. With the rebound of bitcoin, the AGIX tokens from SingularityNet, FET from Fetch.ai, or TAO from Bittenson are taking off, nearly stealing the spotlight from the leading crypto. In the same vein, The Render Network’s native token, RNDR, is making a name for itself […]