Author: advancedainews

This post is co-written with Paul Pagnan from Lumi. Lumi is a leading Australian fintech lender empowering small businesses with fast, flexible, and transparent funding solutions. They use real-time data and machine learning (ML) to offer customized loans that fuel sustainable growth and solve the challenges of accessing capital. Their goal is to provide fast turnaround times— hours instead of days—to set them apart from traditional lenders. This post explores how Lumi uses Amazon SageMaker AI to meet this goal, enhance their transaction processing and classification capabilities, and ultimately grow their business by providing faster processing of loan applications, more…

Stability AI has released a new AI model, Stable Virtual Camera, that the company claims can transform 2D images into “immersive” videos with realistic depth and perspective. Virtual cameras are tools often used in digital filmmaking and 3D animation to capture and navigate scenes in real time. With Stable Virtual Camera, Stability sought to add generative AI to the mix to deliver greater control and customizability, the company said in a blog post. Stable Virtual Camera generates “novel views” of a scene from one or more images (up to 32 total) at camera angles that a user specifies. The model…

I don’t care who you are, where you’re fromWhat you did, As long as you love me! — Backstreet Boys Wow! They really love AI in China! Across regions, across pockets!  So, Tencent, from China, has announced its latest Hunyuan-T1—the first Mamba-powered ultra-large model! Well, well, well! Seems the Chinese are in love with AI! First, came DeepSeek, then Baidu ERNIE 4.5, and now, Tencent with Hunyuan-T1, with Google Gemma, in-between, along with OpenAI’s O-series models. That’s really a lot of development done within a space of very little time! Didn’t I remark earlier that AI models will come up thick…

Mistral OCR is an innovative optical character recognition (OCR) model designed to address the evolving challenges of modern document processing. It provides a robust and efficient solution for extracting structured data from a variety of document types. Whether working with scanned images, PDFs, or documents with intricate layouts, Mistral AI OCR simplifies the process, making sure faster and more accurate results. Its ability to handle diverse formats and languages makes it an essential tool for organizations managing complex workflows. This isn’t just another AI OCR model; it’s a powerhouse built to handle everything from extracting text and images to processing…

With the latest stable release dated January 28, 2025, Qwen2.5-Max is classified as a Mixture-of-Experts (MoE) language model developed by Alibaba. Like other language models, Qwen2.5-Max is capable of generating text, understanding different languages, and performing advanced logic. According to recent benchmarks, it is also more secure than DeepSeek-V3-0324. Using Recon to scan for vulnerabilities A team of analysts with Protect AI, the company behind a red teaming and security vulnerability scanning tool known as Recon, recently used their platform to compare the security of Qwen2.5-Max against that of DeepSeek-V3. The team’s assessment reads, in part: “We observed that DeepSeek-V3-0324…

Alibaba Group Holding 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 GOOG 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 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…

The Nintendo Switch 2 will support Nvidia DLSS upscaling technology and ray tracing in games, Nintendo has said after fully unveiling its next console. The Switch 2’s technical specifications confirm that the hybrid console utilises a custom Nvidia processor. Nvidia, too, confirmed DLSS and ray-tracing support for the Switch 2 on Thursday, and said its custom GPU would bring “next-level visuals” and “smoother gameplay” on the new platform.DLSS, Ray Tracing on Nintendo Switch 2Nintendo confirmed Nvidia’s Deep Learning Super Sampling (DLSS) ray tracing technology on the Switch 2 in a roundtable Q&A in New York following the Nintendo Direct broadcast…

Meta’s open-source AI model, Llama, has now been downloaded over 1 billion times, marking a huge milestone for the company’s mission to make AI accessible to everyone.Llama, which stands for Large Language Model Meta AI, is a series of advanced language models developed by Meta. These models can understand and generate human-like text, assisting in tasks such as content creation, translation, and summarization. Since its initial release in February 2023, Llama has evolved through several versions, with the latest being Llama 3.3, released in December 2024. By making Llama open-source, Meta allows developers, researchers, and organisations worldwide to access, modify,…

(TNS) — Northeastern University is pioneering the use of a new artificial intelligence tool created for higher education institutions, according to a Wednesday announcement.The tool, called Claude for Education, was created by AI safety and research company Anthropic. It isn’t designed to provide students with answers. Rather, it is created to question and guide students through a reasoning process that helps to develop their critical thinking skills.The AI tool also helps administrative staff and faculty to create rubrics for specific learning outcomes, provide individualized feedback efficiently or convert dense policy documents into accessible FAQ formats.“AI is a tool that will…