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Search resuls for: "France's Mistral"


4 mentions found


☆ Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz
  + stars: | 2024-10-16 | by ( Ryan Browne | ) www.cnbc.com   time to read: +5 min
Cloud startups raised $62.5 billion in Europe, Israel and the U.S. in 2023, the report found. Funding is up 65% from the $47.9 billion cloud firms raised four years ago, according to Accel. AI is eating softwareMuch of the growth of funding in cloud is being driven by excitement around AI. Globally, companies building so-called foundational models, which power much of today's generative AI tools, account for two thirds of overall funding for generative AI firms, Accel said. Big Tech's AI splurgeThe U.S. took the lead globally in terms of overall regional generative AI investment raised.
Persons: OpenAI, ChatGPT, Philippe Botteri, Botteri, Accel's, Anthropic, Elon Musk's xAI, Britain's, France's Mistral, Accel, Dev Ittycheria, Ittycheria Organizations: Accel, Venture, Microsoft, CNBC, Accel —, Nasdaq, Alpha, Google Locations: U.S, Europe, Israel, genAI
☆ It looks like it could be the end of the AI hype cycle
  + stars: | 2024-04-03 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +5 min
Read previewSome AI leaders are starting to ask themselves the question: should we be buying the hype? Almost a year and a half on from the launch of ChatGPT, the hype around the technology is seemingly everywhere. AI image generator Stability AI also lost its chief, Emad Mostaque, amid reports of financial pressure. Others though, like Google deep learning expert François Chollet, are keen to stress just how far off human intelligence today's AI models actually are. Until some real signs of money-making, human-level intelligence do emerge, expect more to call it all hype.
Persons: —, Bill Gates, Elon Musk, it's, Gary Marcus, Sam Altman, Marcus, GmjUDKhc6k — Gary Marcus, @GaryMarcus, Mustafa Suleyman, Emad Mostaque, Eric Schmidt, Demis Hassabis, Musk, François Organizations: Service, Business, Google, Invest, Investors, New York University, Nvidia, NVidia, Blackwell, Microsoft, Financial Locations: OpenAI, Sequoia
☆ France's Mistral AI raises 105 mln euros shortly after being set up
  + stars: | 2023-06-13 | by ( Sudip Kar-Gupta | ) www.reuters.com   time to read: +2 min
The fund-raising highlights the rapid growth of the artificial intelligence (AI) sector as well as Europe's desire to create rivals to Silicon Valley companies such as Microsoft-backed (MSFT.O) OpenAI and Google's (GOOGL.O) DeepMind. Paris-based Mistral AI was set up by former Meta (META.O) and Google artificial intelligence researchers Timothee Lacroix, Guillaume Lample and Arthur Mensch. Mistral AI's fund-raising was led by international venture capital fund Lightspeed Venture Partners. Former Google CEO Eric Schmidt is also a shareholder in Mistral AI. "Bravo to the start-up Mistral AI which has raised 105 million euros just a month after its creation: a record!"
Persons: Schmidt, Xavier Niel, Rodolphe Saade, Timothee Lacroix, Guillaume Lample, Arthur Mensch, Mensch, Mistral, Eric Schmidt, Jean, Noel Barrot, Bravo, Sudip Kar, David Evans, Leslie Adler Organizations: Lightspeed Venture Partners, Microsoft, Meta, JCDecaux, Italy's Exor Ventures, Mistral, Paris, Twitter, Thomson Locations: PARIS, Silicon, DeepMind, Paris, France, Europe, New York , California, London
☆ West gains advantage as it vies with Russia for influence in Serbia
  + stars: | 2023-03-01 | by ( Aleksandar Vasovic | ) www.reuters.com   time to read: +7 min
T-shirts with the letter Z, a symbol of Russia's campaign, are sold as souvenirs while far-right groups openly tout support for Russia. Last month, Prime Minister Ana Brnabic said that while Serbia had made progress in EU accession negotiations, Brussels required more. A separate CRTA poll found 61% felt Belgrade should preserve good relations with Moscow even at the cost of EU ties. U.S. and EU sanctions mean Serbia can no longer send its fighter jets or helicopters, based on ex-Soviet technology, to Russia for overhauls, nor purchase new weapons from Russia. Cedomir Stojkovic, a Belgrade-based lawyer and activist whose October Group publishes lists of prominent Serbs who are outspoken supporters of Russia, said Serbia was under Russia's "hybrid occupation".
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