Author: Advanced AI Bot
Mistral AI CEO and cofounder Arthur Mensch. eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More. French AI innovator Mistral AI has released Mistral Small 3.1, a new 24-billion-parameter model designed to perform competitively across text, vision, and multilingual benchmarks. A key feature of Mistral Small 3.1 is its ability to operate locally without requiring expensive cloud infrastructure. The model runs efficiently on a single RTX 4090 GPU or a Mac with at least 32 GB of RAM when quantized, potentially making it more accessible for startups,…
By Hoai Anh  April 2, 2025 | 09:39 pm PT Chinese AI platform DeepSeek surpassed ChatGPT in new web traffic in February, becoming the world’s third most used AI tool, according to analytics site AITools. It recorded 525 million new visits in February as against ChatGPT’s 500 million.This also made it the fastest growing AI model, outpacing others such as Canva and Elon Musk’s Grok.However, DeepSeek still trails ChatGPT in overall monthly traffic.OpenAI’s chatbot leads with more than five billion monthly visits, accounting for 43.16% of the global market share.Canva ranks second with nearly one billion visits, and DeepSeek follows…
Alibaba Group Holding (NYSE:BABA) plans to release Qwen 3, an upgraded version of its flagship AI model, by April. China’s tech leaders have flooded the market with affordable AI services since a domestic AI startup, DeepSeek, showcased a robust model that it said cost just several million dollars to build, Bloomberg reports. OpenAI, Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Anthropic have similarly released new models. Also Read: Alibaba’s March Expo Sparks 27% Jump In US Small Business Orders The wave of new Asian models is questioning the sustainability of the high-end U.S. offerings from OpenAI, Google, and Microsoft Corp (NASDAQ:MSFT). Last week, Alibaba launched…
SUZHOU, China, March 31, 2025 /PRNewswire/ — On 26 March, Suzhou Pudu Co-Intelligence Technology Company, a joint venture between Xi’an Jiaotong-Liverpool University (XJTLU) and Baidu Group, was launched as China’s first AI-focused joint venture co-founded by Baidu and a university. AI+education: Redefining learning Through AI-driven innovation, Pudu Co-Intelligence seeks to transform the whole education value chain, empower industrial evolution and cultivate localised service ecosystems. The company will soon launch the Pudu Co-Intelligence AI Forum, bringing together Baidu’s chief scientists, XJTLU’s AI researchers, policymakers, and industry leaders to share their thinking on cutting-edge technologies, AI research, interpretation of relevant policies, and personal experience…
SAN JOSE — The Nvidia AI conference in downtown San Jose triggered an “unprecedented” economic boom in the form of a visitor surge that bolstered an array of merchants throughout the city’s urban core.Hotels and restaurants were buoyed by the influx of visitors for the Nvidia 2025 GTC conference for several days in March, according to a new report released by the San Jose Downtown Association.“Visitor foot traffic and spending soared during the weeklong event, which brought together thousands of global leaders and innovators in artificial intelligence,” the Downtown Association stated in its report.The event helped set new benchmarks for…
The global market rout on Thursday, sparked by President Donald Trump’s announcement of widespread tariffs, had an outsized effect on fintech companies and credit card issuers that are closely tied to consumer spending and credit.Affirm, which offers buy now, pay later purchasing options, plunged 19%, while stock trading app Robinhood slid 10% and payments company PayPal fell 8%. American Express and Capital One each tumbled 10%, and Discover was down more than 8%.President Trump on Wednesday laid out the U.S. “reciprocal tariff” rates that more than 180 countries and territories, including European Union members, will face under his sweeping new trade…
We missed this earlier: Social media conglomerate Meta is involved in revenue-sharing agreements with hosts of its Llama Artificial Intelligence (AI) models, revealed court filings related to an ongoing copyright lawsuit, Kadrey vs. Meta. While the case itself deals with Meta’s alleged usage of a vast quantity of data from pirated e-books to train Llama, proceedings before the United States District Court for the Northern District of California on March 21 saw plaintiffs’ attorneys noting that the company “shares a percentage of the revenue” that the AI model hosts generate from Llama users. The court redacts the names of the…
The increasing prevalence of chatbots like ChatGPT has lead to difficulties in schools and colleges as professors try to figure out how to balance students’ use of AI with their need for learning. Now, Anthropic is rolling out a new tool it hopes will be a positive step in the use of AI for both students and teachers: a version of the Claude chatbot specifically designed for use in educational environments. Claude for Education, launched on April 2, features a Learning mode which encourages users to reason their way through a question rather than just giving them an answer. The…
Artificial Intelligence & Machine Learning , Next-Generation Technologies & Secure Development Enthusiasm for AI Development Is Outpacing Discussions on Safety Rashmi Ramesh (rashmiramesh_) • April 3, 2025 Image: Shutterstock Google DeepMind executives outlined an approach to artificial general intelligence safety, warning of “severe harm” that can “permanently destroy humanity” if safeguards are not put in place before advanced artificial intelligence systems emerge.See Also: Capturing the cybersecurity dividend A 145-page paper forecasts that AGI could arrive by 2030, potentially capable of performing at the 99th percentile of skilled adults in a wide range of non-physical tasks. The company called…
OpenAI, the company behind ChatGPT, has just completed the largest private tech funding round in history — raising $40 billion at a $300 billion valuation. The deal, led by Japan’s SoftBank with backing from Microsoft and other investors, solidifies OpenAI as one of the world’s most valuable private companies, trailing only SpaceX and rivaling TikTok’s parent company, ByteDance. A historic deal in tech funding The scale of this funding round is unprecedented. Before OpenAI, the largest private tech deal was Ant Group’s $14 billion raise in 2018. This new funding more than doubles that record and highlights the surging investor enthusiasm…