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Anthropic Launches Claude 3.5 Sonnet; xAI works with Dell & Poolside raises $400M

Anthropic Launches Claude 3.5 Sonnet; xAI works with Dell & Poolside raises $400M

Stefan
June 22, 2024

Anthropic Launches Claude 3.5 Sonnet, Outperforms GPT-4o in Benchmarks Anthropic has released Claude 3.5 Sonnet, a new AI model surpassing OpenAI's GPT-4o in multiple benchmarks. This latest version excels in reasoning, knowledge, and coding proficiency. Read more

Elon Musk Announces Dell and Super Micro Partnership for xAI Hardware Supply Elon Musk has announced that Dell Technologies and Super Micro will supply hardware for his AI startup xAI's supercomputer. This partnership aims to enhance xAI's computational capabilities significantly. Read more

HeyGen, AI Video Startup, Reaches $500M Valuation in Funding Round HeyGen, an AI video generation platform, has raised $60 million in Series A funding, valuing the company at $500 million. The startup aims to make high-quality video production accessible to all businesses. Read more

Target to Launch AI Tool for Store Employees in August Target is set to roll out a generative AI-powered chatbot called 'Store Companion' to assist employees with store operations, improving efficiency and customer service. Read more

Poolside Raising $400M for AI Coding Assistant Startup Paris-based AI startup Poolside is reportedly raising $400 million to develop a large language model for developers, aiming to enhance software development efficiency. Read more

Study: Sierra's AI Benchmark Reveals Shortcomings of LLMs in Complex Tasks Sierra Technologies has introduced a new benchmark, 𝜏-bench, which shows that existing large language models struggle with complex, real-world tasks, highlighting areas for improvement in AI development. Read more

Elon Musk Reminds Audience He Named OpenAI At Cannes Lions, Elon Musk emphasized his role in naming OpenAI and expressed dissatisfaction with the company's shift from its original nonprofit mission to a profit-driven model. Read more

Universal Music Signs Deal to Train AI for High-Fidelity Music Production Universal Music has partnered with AI startup Soundlabs to create high-fidelity vocal models using artists' voice data, allowing for innovative music production while retaining artistic control. Read more

OpenAI Acquires Rockset OpenAI has made its first acquisition by acquiring Rockset, an enterprise analytics startup, to enhance its search technology and integrate it into OpenAI products. Read more

OrbitShift, AI Startup, Raises $7 Million in Funding Led by Peak OrbitShift has secured $7 million in funding to expand its operations and enhance its technology aimed at streamlining sales processes for businesses. Read more

Pantera Capital Invests $200M in AI and Blockchain Technology Pantera Capital is allocating $200 million from its new $1 billion fund to AI-crypto projects, highlighting the growing convergence between AI and blockchain technologies. Read more

SoundHound AI Enhances Voice AI Ordering in Restaurants SoundHound AI has acquired key assets from Allset to expand its voice-enabled ordering systems in the restaurant industry, aiming to streamline operations and improve efficiency. Read more