🤖 Nvidia Unveils Open-Source AI Models?!

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Welcome back AI enthusiasts!

In today’s AI Report:

• 🦾Nvidia Unveils Open-Source AI Models?!

• 🎨Runway Introduces “Gen-3 Alpha”

• 🏆Tiny LLM Solves Mathematical Olympiad Problems

• 🛠5 Trending Tools

• 💰Venture Capital Updates

• 💼Who’s Hiring?

Read Time: 3 minutes

🗞RECENT NEWS

NVIDIA

🦾Nvidia Unveils Open-Source AI Models?!

Nvidia unveiled Nemotron-4 340B, a family of open-source AI models designed to generate high-quality synthetic training data.

Key Details:

• The three AI models (i.e., “Base,” “Instruct,” and “Reward”) form a “pipeline” for generating high-quality synthetic data to train Large Language Models (LLMs).

• Synthetic data is artifical data that’s created using algorithms to mimic real-world data.

• For example, “Reward” boosts the quality of AI-generated data by filtering for high-quality responses based on five attributes:

  1. Helpfulness

  2. Correctness

  3. Coherence

  4. Complexity

  5. Verbosity

• Nemotron-4 340B offers developers a free, scalable way to generate synthetic data that can help build powerful LLMs for commercial applications across healthcare, finance, manufacturing, and retail.

Why It’s Important:

• All high-quality data could be exhausted by 2026. So, Big Tech companies are searching for synthetic data and real-world video to continue training their AI models.

• Nvidia provided a free family of open-source AI models that excel at crafting high-quality synthetic data to incentivize developers to continue expanding LLMs that rely on Nvidia hardware.

🩺 PULSE CHECK

RUNWAY

🎨Runway Introduces “Gen-3 Alpha”

Runway, an applied AI research company shaping the next era of art, entertainment, and human creativity, introduced an AI model called “Gen-3 Alpha” that generates complex scenes with cinematic movements.

Key Details:

• “Gen-3 Alpha” converts brief text prompts or still images into highly detailed videos with complex scenes and cinematic movements.

• “Gen-3 Alpha” excels at generating expressive human characters with a wide range of actions, gestures, and emotions.

• “Gen-3 Alpha” was trained with highly descriptive and dense captions (i.e., labels attached to data to help AI systems understand what information it’s processing), enabling imaginative transitions and precise keyframing of scene elements.

Why It’s Important:

• “Gen-3 Alpha” goes beyond simple animation, producing high-fidelity videos that blur the line between reality and AI creation.

• Runway believes “Gen-3 Alpha” is a step toward achieving General World Models (GWMs): an AI system that “builds an internal representation of an environment to simulate future events within that environment.”

AI RESEARCH

🏆Tiny LLM Solves Mathematical Olympiad Problems

Shanghai AI Laboratory researchers developed MCT Self-Refine (MCTSr), an algorithm that enables smaller AI models to outperform larger AI models on complex mathematical reasoning tasks.

MCTSr leverages systematic exploration and heuristic self-refine mechanics to improve decision-making frameworks within Large Language Models (LLMs).

MCTSr combines an 8B LLaMa-3 model with Monte Carlo Tree Search (MCTS): a method for making decisions by intelligently exploring a tree of possibilities using random simulations.

On the GSM-Hard Math Word Problem benchmark, integrating MCTS improved the 8B LLaMa-3 model’s accuracy from 25.5% to 45.5%.

The 8B LLaMa-3 model also achieved 96.7% accuracy on the GSM8K Arithmetic Reasoning benchmark, outperforming OpenAI’s GPT-4.

🛠TRENDING TOOLS

💻Matrices is the spreadsheet that fills itself.

🧠Merlin is a 26-in-1 AI extension to write, summarize, and code.

🎬Morphic revolutionizes storytelling with AI-driven cinematic tools.

⚙️QueryPal trains a conversational chatbot on your company documents.

📊Olvy automates surveys, interviews, reviews, support tickets, and sales calls.

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

💰VENTURE CAPITAL UPDATES

• Finbourne taps $70M for technology that turns financial data dust into AI gold.

• BlinqI0 secures $5M to transform software testing with AI-powered automation.

• The Bezos Earth Fund launches $100M in “AI for Climate” and the Nature Grand Challenge.

💼WHO’S HIRING?

• Neuralink (Fremont, CA): Software Engineer Intern, Site Reliability Engineer, Summer 2024

• Disney (Burbank, CA): Hulu Originals Drama Development Intern, Fall 2024

• Tesla (Palo Alto, CA): Embedded Software Engineer Intern, Vehicle Software, Fall 2024

• Microsoft (Redmond, WA): Research Intern, Intelligent Reserve Engineering Automation

• Figure AI (Sunnyvale, CA): Finance Manager

🤖PROMPT OF THE DAY

PARTNERSHIPS

🤝Strategic Alliances and Partnerships

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Outline practical steps the startup can take to identify and approach potential partners.

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Industry = [Insert Here]

📒FINAL NOTE

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