Mistral AI, a Paris-based OpenAI rival, closed its $415 million funding round

Dec 11, 2023

Greetings, AI enthusiasts! 🤖✨ Welcome to the Daily AI News Briefing —the go-to source for navigating the cutting-edge world of artificial intelligence. Today, we embark on a journey through the latest AI developments, from the bustling streets of Paris to the high-tech corridors of Microsoft. So, fasten your seatbelts; we're about to unravel the wonders that the AI universe has unveiled today!

Mistral AI Closes $415 Million Funding Round: A Parisian Powerplay! 🇫🇷💰

Paris-based Mistral AI has successfully lassoed $415 million in its recent Series A funding round, bringing its valuation to a cool $2 billion. The French startup, born just in May, aims to be the Euro-champion of generative AI, sticking to open, responsible, and decentralized tech approaches. Mistral AI, backed by the likes of Andreessen Horowitz and Lightspeed Venture Partners, made waves in September by dropping its Mistral 7B model for free download, not API-accessible. Now, breaking ground, Mistral AI unveils its developer platform, opening its models for pay-to-use APIs, including the snazzy new Mixtral 8x7B model, boasting 45B total parameters while cost-effectively processing like a 12B model. Time to ride the Mistral wave in the ever-evolving AI seas! 🌊🚀

Massive One UI 6.1 Leak: Generative AI Takes the Spotlight! 📱💡

Samsung's One UI 6.1, set to debut with the Galaxy S24, brings a cascade of Generative AI features. The AI-generated wallpaper feature lets you input a subject and background to conjure up personalized wallpapers. The photo editor enables seamless object relocation through a drag-and-drop interface, enhancing image manipulation. Samsung Notes gets an upgrade, summarizing long notes into bullet points and auto-formatting handwritten text. Live translation of voice calls between languages and Voice Focus for clear calls are introduced. A unique Adaptive Protection feature optimizes battery charging for better longevity. Buckle up for a ride with the Galaxy S24 and its AI-powered wonders! 🌌🚀

Coforge Launches Quasar: Pioneering Responsible AI! 🚀🤖

Coforge introduces Quasar Responsible AI, a holistic solution ensuring AI applications comply with ethical standards, fairness, transparency, and regulations. Addressing biases in datasets and models, it identifies risks and compliance issues, providing tools for governance and mitigation. The solution comprises five components: Fairness AI for bias detection and mitigation, Explainable AI for transparency, Compliance AI for risk analysis and regulatory compliance, Trust AI for security, and Governance AI with features like drift detection and data integrity analysis. This comprehensive approach aims to foster trust, ensuring AI's augmentation of human capabilities aligns with ethical principles and societal well-being. 👩‍💻🌐.

OrthoAI at Sancheti Hospital: A Generative AI Leap in Orthopaedics! 🏥🦴

Sancheti Hospital unveils OrthoAI, a generative AI tool for orthopaedics, revolutionizing access to medical literature. Launched by Dr. Raghunath Mashelkar, the tool updates orthopaedic experts with the latest content from published articles and videos. Developed by a collaboration of Sancheti Hospital doctors and Pune-based Script Lanes, OrthoAI employs evidence-based generative AI, utilizing LLM and a cognitive search model. The tool facilitates decision-making by integrating the surgeon's clinical experience, current literature, and patient requirements. This innovative approach promises to enhance shared experiences among surgeons, optimizing decision-making and resource utilization. 🏥🤖

Closing Thoughts

As we conclude today's briefing, remember, the world of AI is ever-evolving. From funding feats in Paris to leaked tech revelations and ethical strides by tech giants, each story shapes the narrative of our AI-driven future. Join us tomorrow for another edition, and until then, may your algorithms be efficient, your models accurate, and your curiosity insatiable! 😊🌐