AI Journal - 135th Edition

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AI Journal
October 04, 2024

Welcome Back for Another Week of Exciting AI updates!
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OpenAI predicts mainstream adoption of AI agents by 2025, fueling competition with Google and Apple.
OpenAI is betting that AI-powered assistants, known as "AI agents," will become mainstream by 2025. These agents, capable of reasoning and performing complex tasks, are the latest competitive frontier for tech giants like Google and Apple, as they seek to monetize rapidly evolving AI technology.
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NVLM-D-72B: Nvidia's Powerful New AI Model Enhances Multimodal and Text Performance
Nvidia has launched a powerful open-source AI model, NVLM 1.0, which rivals proprietary offerings from leaders like OpenAI and Google. The flagship NVLM-D-72B, with 72 billion parameters, excels in multimodal tasks, improving text-only performance by an average of 4.3 points after multimodal training. It can interpret memes, analyze images, and solve math problems step-by-step, showcasing its adaptability across various inputs.
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Nvidia and Accenture Strengthen Partnership to Accelerate AI Adoption for Businesses
Nvidia has expanded its partnership with Accenture to enhance AI adoption for businesses, leveraging Accenture's AI Refinery powered by Nvidia's technology. This move follows a surge in demand for generative AI, contributing to $3 billion in Accenture bookings. The collaboration aims to facilitate AI integration across various cloud platforms, enabling companies to innovate and scale solutions effectively.
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Tansforming Data into Insights: Voyage's Approach to RAG Systems
To implement RAG systems, Voyage trains AI models to transform text, documents, PDFs, and other data types into vector embeddings. These embeddings represent the meanings and relationships between data points in a compact format, making them ideal for search applications. Voyage utilizes contextual embeddings to capture both the semantic meaning and the context in which the data appears.
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AI Funding

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Industry focus this week eCommerce

  • Revolutionizing Ecommerce: The Impact of AI on the Future. Link

  • AI in ecommerce boosting sales and customer experience. Link

  • AI in Retail and E-Commerce: 29 Examples to Know. Link

Interesting Posts

  • U.S. vs. China: A Comparison in the Race to Develop AI-Powered Combat Drones. Link

  • MicroStrategy's Latest Update Focuses on Enhancing Generative AI Accuracy. Link

  • Google's New AI Enhancements Make Searching Seem Magical. Link

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