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  • GenAI companies Raises $56B & Microsoft’s $80B Data Center Push - Daily AI Brief #71

GenAI companies Raises $56B & Microsoft’s $80B Data Center Push - Daily AI Brief #71

Hi there,

From record-breaking funding rounds to groundbreaking new models, the AI landscape continues to evolve at lightning speed. This week, Anthropic settles a dispute with music publishers, NVIDIA launches its Hymba 1.5B hybrid language model, and Microsoft announces an $80 billion investment in AI-enabled data centers.

Today’s top stories

In 2024, generative AI firms secured $56 billion from venture capitalists, marking a 192% increase from the previous year. Major players like OpenAI and xAI received substantial investments amid concerns of market saturation and rising infrastructure costs. Read more

xAI's anticipated AI model, Grok 3, has not been released despite promises of a 2024 launch, with potential delays hinted by CEO Elon Musk amidst broader industry challenges. Read more

NVIDIA has launched Hymba 1.5B, a new language model that integrates transformer and state-space architectures to enhance natural language processing efficiency and memory recall, addressing challenges faced by traditional models. Read more

Anthropic has settled a dispute with music publishers concerning the unauthorized use of song lyrics to train its AI model, Claude. The agreement involves implementing measures to prevent copyright infringement and collaboration with publishers to address any issues. Read more

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