The article discusses the influx of new AI models in the market amidst growing concerns and criticisms from regulators, actors, and researchers. It highlights the impact of Vice President Kamala Harris' potential presidency on tech policies, particularly in the realm of artificial intelligence. The week saw significant developments in generative AI, with major fundings for companies like Cohere and Baichuan.
Various companies such as Texas Instruments, SK Hynix, IBM, SAP, Alphabet, and more are benefiting from AI advancements, although challenges persist. CrowdStrike swiftly addressed an internet-killing bug, while Wiz shifted focus towards an IPO. Additionally, OneStream had a successful IPO, signaling potential shifts in the tech market sentiment. The upcoming week promises key earnings reports from tech giants like Microsoft, AMD, Amazon, and Apple.
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Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.