Trending AI news stories + papers
Today's Top AI news stories and papers
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AI news stories
Google has launched AI Studio, a significant update to its previously known MakerSuite, as part of its efforts to integrate its Gemini AI models into the development ecosystem. AI Studio is a web-based tool allowing developers to quickly create Gemini-based chatbots and apps. It offers a generous free quota of 60 requests per second, making it accessible for developers to experiment with and potentially use in production applications.
Google Cloud has partnered with Mistral AI, a Paris-based generative AI startup, to enable Mistral AI to distribute its language models using Google's infrastructure. This collaboration will allow Mistral AI to leverage Google Cloud's AI-optimized infrastructure, including TPU Accelerators, for testing, building, and scaling its large language models (LLMs). The partnership also ensures Mistral AI benefits from Google Cloud's high standards in security and privacy. Mistral AI, established by former AI researchers from Meta and Google, recently raised 385 million euros in its second funding round, backed by notable investors like Andreessen-Horowitz and LightSpeed Ventures.
Harvey, an AI-powered legal software startup, is reportedly in discussions to secure funding between $70 million and $80 million, potentially valuing the company at $700 million. This funding round, which significantly increases Harvey's valuation from its previous announcement in April, is co-led by venture firm Kleiner Perkins and investor Elad Gil, both of whom have previously invested in Harvey's early funding stages. Sequoia Capital and OpenAI Startup Fund, existing investors, are also expected to participate. This investment reflects the ongoing interest of investors in AI startups demonstrating revenue growth.
Google has introduced MedLM, a new set of AI models designed for healthcare, building on its Med-PaLM 2 model. MedLM, available to certain Google Cloud customers, includes two versions for different tasks and has been trialed by healthcare organizations. This initiative is part of a larger trend among tech giants to capitalize on the healthcare AI market. However, the use of AI in healthcare has been controversial, with concerns about accuracy and privacy. Despite this, Google emphasizes its commitment to responsible AI use in healthcare.
Google has launched Duet AI for Developers, an AI-assisted coding tool now generally available and soon to be enhanced with the Gemini model. This platform, competing with GitHub's Copilot, offers advanced code completion and generation capabilities, bolstered by partnerships with 25 companies for specialized data and documentation. Designed to streamline coding tasks and boost productivity, Duet AI supports over 20 languages and includes features like AI log summarization and error explanation. Free until January 2024, it will subsequently cost $19 per user per month on an annual commitment.