Welcome back AI enthusiasts!

In today’s AI Report:

  • 🤯Mistral AI Releases Large Model

  • 🕶Apple’s New Wearable Technology Future

  • 📱Meta’s MobileLLM On-Device Discovery

  • 🛠5 Trending Tools

  • 💰Venture Capital Updates

  • 💼Who’s Hiring?

Read Time: 3 minutes

🗞RECENT NEWS

MISTRAL AI

🤯Mistral AI Releases Large Model

Image Source: Mistral AI/Figure 1

Mistral AI, a French startup that develops open, efficient, helpful, and trustworthy AI models, released the Mistral Large language model and announced a partnership with Microsoft.

Key Details:
  • Mistral Large is an advanced text generation model with top-tier reasoning capabilities for complex multilingual tasks like text understanding, transformation, and code generation.

  • Mistral Large provides users with the following improvements:

    1. Cultural Context: Natively fluent in English, French, Spanish, German, and Italian.

    2. Accurate Analysis: A 32K token context window that processes larger documents and comprehends prompt query details.

    3. Native Function Calling: Directly executes other pieces of code, called functions, without requiring additional steps or external tools.

  • The startup also launched an early preview of “Le Chat,” a competitor to OpenAI’s ChatGPT.

  • Microsoft announced a new partnership to host Mistral AI’s language models on Azure and offer infrastructure and scaling resources.

Why It’s Important:
  • Mistral Large offers enhanced text generation, multilingual proficiency, and deeper contextual processing.

  • Partnering with Microsoft provides Mistral AI access to the Azure platform to develop trustworthy, scalable, and responsible AI solutions.

🩺 PULSE CHECK

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APPLE

🕶Apple’s New Wearable Technology Future

Image Source: Canva AI Image Generator

Apple is pursuing a future in wearable technology, exploring the realms of AI-enabled smart glasses and innovative AirPods equipped with cameras.

Key Details:
  • Mark Gurman, the Chief Correspondent for Bloomberg, suggests the smart glasses could be an alternative to AirPods, boasting advanced sensors and a superior battery life.

  • Unlike the Vision Pro, Apple’s smart glasses aim to be a more accessible, head-mounted device tailored to support Augmented Reality (AR) functions.

  • Augmented Reality (AR) is an interactive experience that amplifies the real world with computer-generated perceptual information.

  • Apple’s smart glasses aim to seamlessly integrate digital information with the physical world, offering users an enhanced view of their surroundings overlaid with real-time data or notifications.

  • Apple is also exploring ear-mounted cameras on AirPods, allowing users to capture photos with a mere glance.

Why It’s Important:
  • Apple’s wearable innovations promote a seamless and integrated digital ecosystem to supercharge human capabilities and discretely capture interactions.

  • These devices present the potential to refine communication channels, enrich experiences, and introduce new methods to capture content.

AI RESEARCH

📱Meta’s MobileLLM On-Device Discovery

Meta researchers explored the growing demand for efficient Large Language Models (LLMs) on mobile devices.

They proposed MobileLLM, a family of optimized models for on-device applications, prioritizing model architecture over data and parameter quantity.

The 125M parameter MobileLLM is 2.7% more accurate than previous mobile models, displaying solid performance with chatting and calls.

🛠TRENDING TOOLS

💡Saner instantly captures, finds, and develops ideas without manual organizing.

📸Cartoonifier converts selfies into detailed cartoon characters.

🌊Tidalflow adapts workout plans to the rhythm of your life.

📊Bardeen effortlessly automates tasks in apps you use for work.

🪐Exemplary is an all-in-one content creation tool for video and audio.

🔮Browse our always Up-To-Date AI Tools Database.

💰VENTURE CAPITAL UPDATES

  • Photoroom, the AI image editor, raised $43M at a $500M valuation.

  • Microsoft invests $16M in Mistral AI to explore foundational models.

  • Alibaba leads a record deal to mint $2.5B China AI firm.

💼WHO’S HIRING?

  • Roku (San Jose, CA): Machine Learning Engineer Intern, Summer 2024

  • Epic Games (Cary, NC): Quest Design Intern, Summer 2024

  • Crowdstrike (Remote): Software Engineer Intern, Summer 2024

  • Hive (San Francisco, CA): Product Manager, Consumer Applications

  • Synthesia (New York, NY): Customer Success Operations Analyst

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📒FINAL NOTE

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