HuggingFace Reaches One Million Models, ByteDance Plans New AI with Huawei Chips

2024-10-01

Welcome to the RAIZOR Report for Tuesday October 1st 2024. In today's AI news, HuggingFace celebrates hosting one million AI models, expanding from its chatbot origins to a leading open-source library. ByteDance plans to develop a new AI model using Huawei's chips to navigate U.S. restrictions. Nvidia acquires OctoAI for $165 million to tailor its AI chips for broader use. OpenAI secures up to $6.5 billion in funding despite Apple's exit, with significant investments from SoftBank, Microsoft, and...

Welcome to the RAIZOR Report for Tuesday October 1st 2024.

In today's AI news, HuggingFace celebrates hosting one million AI models, expanding from its chatbot origins to a leading open-source library. ByteDance plans to develop a new AI model using Huawei's chips to navigate U.S. restrictions. Nvidia acquires OctoAI for $165 million to tailor its AI chips for broader use. OpenAI secures up to $6.5 billion in funding despite Apple's exit, with significant investments from SoftBank, Microsoft, and Thrive Capital. Gmail enhances its 'smart reply' feature with AI for more contextual responses, benefiting Google Workspace and Google One AI Premium users. Join the RAIZOR newsletter for more AI insights.

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