AI News

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Igor Jablokov, Pryon: Building a responsible AI future

AI News

As artificial intelligence continues to rapidly advance, ethical concerns around the development and deployment of these world-changing innovations are coming into sharper focus. In an interview ahead of the AI & Big Data Expo North America , Igor Jablokov, CEO and founder of AI company Pryon , addressed these pressing issues head-on. Critical ethical challenges in AI “There’s not one, maybe there’s almost 20 plus of them,” Jablokov stated when asked about the most cr

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Microsoft unveils Phi-3 family of compact language models

AI News

Microsoft has announced the Phi-3 family of open small language models (SLMs), touting them as the most capable and cost-effective of their size available. The innovative training approach developed by Microsoft researchers has allowed the Phi-3 models to outperform larger models on language, coding, and math benchmarks. “What we’re going to start to see is not a shift from large to small, but a shift from a singular category of models to a portfolio of models where customers get the

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Microsoft to forge AI partnerships with South Korean tech leaders

AI News

Microsoft is set to host top executives from South Korea’s leading technology firms next month to strengthen its AI partnerships. The high-level meeting, dubbed the MS CEO Summit 2024, will be held on 14 May 2024 and feature Microsoft’s founder Bill Gates and Chairman and CEO Satya Nadella. They will engage in closed-door discussions with Kyung Kye-hyun of Samsung, Kwak Noh-jung of SK Hynix, Cho Joo-wan of LG Electronics, and Ryu Young-sang of SK Telecom.

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Meta raises the bar with open source Llama 3 LLM

AI News

Meta has introduced Llama 3 , the next generation of its state-of-the-art open source large language model (LLM). The tech giant claims Llama 3 establishes new performance benchmarks, surpassing previous industry-leading models like GPT-3.5 in real-world scenarios. “With Llama 3, we set out to build the best open models that are on par with the best proprietary models available today,” said Meta in a blog post announcing the release.

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Mixtral 8x22B sets new benchmark for open models

AI News

Mistral AI has released Mixtral 8x22B , which sets a new benchmark for open source models in performance and efficiency. The model boasts robust multilingual capabilities and superior mathematical and coding prowess. Mixtral 8x22B operates as a Sparse Mixture-of-Experts (SMoE) model, utilising just 39 billion of its 141 billion parameters when active.

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SAS aims to make AI accessible regardless of skill set with packaged AI models

AI News

SAS, a specialist in data and AI solutions, has unveiled what it describes as a “game-changing approach” for organisations to tackle business challenges head-on. Introducing lightweight, industry-specific AI models for individual licence, SAS hopes to equip organisations with readily deployable AI technology to productionise real-world use cases with unparalleled efficiency.

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80% of AI decision makers are worried about data privacy and security

AI News

Organisations are enthusiastic about generative AI’s potential for increasing their business and people productivity, but lack of strategic planning and talent shortages are preventing them from realising its true value. This is according to a study conducted in early 2024 by Coleman Parkes Research and sponsored by data analytics firm SAS, which surveyed 300 US GenAI strategy or data analytics decision makers to pulse check major areas of investment and the hurdles organisations are facing.

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