DiscoverJosBoss. Episode 1. AI and Tech News Weekly Report (14.09.24)AI and Tech News Report Week Ending October 5, 2024
AI and Tech News Report Week Ending October 5, 2024

AI and Tech News Report Week Ending October 5, 2024

Update: 2024-10-05
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Here are the top 5 bullet points from the report for the week ending October 5, 2024:




1. OpenAI DevDay Introduces New AI Tools: OpenAI unveiled a suite of new tools, including the Realtime API for voice-based AI apps, the O1 model excelling in reasoning tasks, and prompt caching for cheaper API calls. These tools aim to push AI development further with 3 million active developers using their platform .


2. Meta Releases Llama 3.2: Meta launched Llama 3.2, which includes larger models with vision capabilities, lightweight models for edge computing, a 128,000-token context window, and optimizations for hardware. These advancements position Meta to challenge proprietary AI models .


3. Nvidia Launches NVLM-D-72B Model: Nvidia introduced an open-source AI model to rival GPT-4, excelling in complex visual inputs, meme analysis, and mathematical problem-solving. This release adds competitive pressure on other AI models while raising concerns about potential misuse .


4. Apple Withdraws from OpenAI’s $6.5 Billion Funding Round: Apple pulled out of OpenAI’s funding round amid internal transitions. Despite this, Microsoft is expected to invest an additional $1 billion, with other investors like Nvidia and Tiger Global Management still participating .


5. Liquid AI Unveils LFM Models: Liquid AI introduced new LFM models that outperform transformer-based models, offering better memory efficiency and long-context capabilities, marking a major step in AI model efficiency .



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AI and Tech News Report Week Ending October 5, 2024

AI and Tech News Report Week Ending October 5, 2024

Ian Joscelyne