News with the tag "LLM"

Cohere's valuation has surged to $6.8 billion following a $500 million funding round, driven by its focus on enterprise AI solutions and strategic partnerships with major tech firms.

Multiverse Computing has developed the world's smallest high-performing AI models, SuperFly and ChickBrain, using their proprietary quantum-inspired compression technology, CompactifAI, enabling efficient on-device AI applications.

AI coding startups face significant financial challenges due to high LLM costs, intense competition, and pricing dilemmas, impacting their profitability and long-term viability.

ETH Zurich and EPFL have developed a fully public, open-source LLM trained on a carbon-neutral supercomputer, offering transparency and multilingual capabilities, set for release under Apache 2.0.

Anthropic AI has overtaken OpenAI in enterprise AI market share, with 32% usage compared to OpenAI's 25%, driven by specialized capabilities like coding and reduced hallucinations.

A Stanford University study highlights significant risks and stigmatization issues associated with AI therapy chatbots, emphasizing the need for critical evaluation and guidelines in their use for mental health support.