Mid July News: Breakthroughs, Challenges, and Industry Shifts

TLDR: Runway’s text-to-video model Gen-3 Alpha has been made publicly available, while similar models from OpenAI and Google remain restricted. Meanwhile, Anthropic’s Claude 3.5 Sonnet language model is already outperforming industry rivals in various benchmarks. The AI job market is experiencing significant growth, with Australia projecting 200,000 AI-adjacent jobs by 2030. In response to the […]
Early June AI News: Innovations, Investments, and AI Ethics

TL;DR The AI sector is witnessing rapid advancements and intense competition. Major players, like the new Chinese models Yi and Qwenl, are vying for supremacy in LMSYS Chatbot Arena, an impartial AI performance evaluator through “AI battles”. GPT-4o leads while start-ups and tech giants pump billions into AI research and development to maintain an edge. […]