Author: Advanced AI Editor
Julia Andre of Index Centures sees a depth of engineering talent in FranceIndex Ventures It’s been a good week for France’s innovation economy. Or to be more precise, it’s been a very good week indeed for Paris-based AI scaleup Mistral, a company that has rapidly established itself as one of the poster children for the French tech sector. On Tuesday, Mistral announced the completion of a €1.3 billion Series C round. Led by semiconductor company ASML, ringing up a valuation of €11 billion. Arguably, the deal provides a timely reminder of the strength of France’s technology ecosystem, particularly around AI.…
Anthropic AI chatbot just became a lot more personalized. The company has rolled out an automatic memory feature that lets Claude remember details from previous conversations without users having to remind it every time. However, this upgrade is currently exclusive to Team and Enterprise subscribers. The new memory capability means Claude can automatically pull up your preferences, understand the context of projects you’re working on, and keep track of your main priorities. This represents a significant step up from the manual memory prompting feature that Anthropic introduced to paid users just last month. What makes this particularly useful for business…
Artificial intelligence company OpenAI has signed a non-binding memorandum of understanding with its largest investor, Microsoft, to restructure its business.In a Thursday notice, OpenAI said the move, first proposed in May, would allow its for-profit arm to transition to a public benefit corporation, while the nonprofit would maintain control of the company. Under the deal, the nonprofit arm will have a stake worth more than $100 billion in the public benefit corporation.“OpenAI was founded as a nonprofit, is today a nonprofit that oversees and controls the for-profit, and going forward will remain a nonprofit that oversees and controls the for-profit,”…
But discovering the addresses was only half the problem. When you talk to a villager in Animal Crossing, the game normally displays dialogue instantly. Calling an AI model over the Internet takes several seconds. Willison examined the code and found Fonseca’s solution: a watch_dialogue() function that polls memory 10 times per second. When it detects a conversation starting, it immediately writes placeholder text: three dots with hidden pause commands between them, followed by a “Press A to continue” prompt. “So the user gets a ‘press A to continue’ button and hopefully the LLM has finished by the time they press…
This week, OpenAI and Oracle shocked the markets with a surprise $300 billion, five-year agreement, part of a surge of new business that sent the cloud provider’s stock skyrocketing. But maybe the markets shouldn’t have been taken by surprise. The deal is a reminder that, despite Oracle’s legacy status, the company still plays a major role in AI infrastructure. On the OpenAI side, the agreement was more revealing than the lack of details suggest. For one, the startup’s willingness to pay so much for compute provides a measurement of the startup’s appetite — even if it’s unclear where the electricity…
The auction of two 17th century oil still-life paintings of flowers was recently halted after a foundation claimed they were looted by Nazis during World War II. The 5-inch by 8-inch paintings were set to be sold by Apple Tree Auction Center in Newark, Ohio as part of a sale of unclaimed items from safety deposit boxes, reported The Columbus Dispatch, which first reported the news. But research by the Monuments Men and Women Foundation and the Jewish Digital Cultural Recovery Project (JDCRP) pointed to the two paintings as originally part of the art collection of Adolphe and Lucie Haas…
Apple (AAPL) is losing one of its most senior artificial intelligence (AI) executives. Robby Walker, who has played a key role in the company’s AI and search strategy, is expected to leave next month. His departure marks another high-profile exit from Apple’s AI division, which has been struggling to deliver on AI innovations, especially related to Siri and next-gen search tools.Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Walker had joined Apple in 2013, when the tech giant acquired his…
C3.ai, Inc. (NYSE:AI) missed earnings with its latest first-quarter results, disappointing overly-optimistic forecasters. Statutory earnings fell substantially short of expectations, with revenues of US$70m missing forecasts by 25%. Losses exploded, with a per-share loss of US$0.86 some 38% below prior forecasts. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. Trump has pledged to “unleash”…
Retrieval Augmented Generation (RAG) is a fundamental approach for building advanced generative AI applications that connect large language models (LLMs) to enterprise knowledge. However, crafting a reliable RAG pipeline is rarely a one-shot process. Teams often need to test dozens of configurations (varying chunking strategies, embedding models, retrieval techniques, and prompt designs) before arriving at a solution that works for their use case. Furthermore, management of high-performing RAG pipeline involves complex deployment, with teams often using manual RAG pipeline management, leading to inconsistent results, time-consuming troubleshooting, and difficulty in reproducing successful configurations. Teams struggle with scattered documentation of parameter choices,…
After a hurricane passes, scientists routinely analyze the assorted computer models used to predict its path and power and crown a victor. This year, a surprising new contender has emerged — a forecast model generated by artificial intelligence.How is it faring? Well, the single best-performing model for last month’s Hurricane Erin was Google DeepMind, a relative AI newcomer in the storm prediction field.Yes, it’s a small sample size. But although the technology can be over-hyped in some places, it already holds a great deal of promise in the notoriously fickle field of weather forecasting. Some experts say their weather and…