This week in the AI industry, several notable developments occurred. OpenAI launched "canvas, " an interface for collaborating with ChatGPT on writing and coding projects, available to web and Windows users. Integrated into OpenAI's GPT-4o model, canvas allows running Python code for improvements and offers compatibility with custom GPTs. Cohere introduced Command R7B, the final and most compact model in its R series of large language models, designed to perform efficiently on minimal hardware. Command R7B is available on the Cohere Platform and HuggingFace, offering state-of-the-art performance in reasoning and agentic tasks. Speak, an AI language learning startup, announced a $78 million Series C funding round, doubling its valuation to $1 billion.
This investment supports its mission to enhance spoken fluency globally. Ayar Labs secured $155 million in Series D funding to scale its optical I/O technology, aimed at improving data transfer between AI chips. The funding round involved prominent investors like AMD Ventures and Intel Capital. Gentrace, a platform for AI testing collaboration, raised $8 million in Series A funding. Their new tool, Experiments, enables teams to collaboratively test and preview large language models before deployment. These developments highlight ongoing innovation and investment in advancing AI technology and infrastructure.
Latest AI Industry Innovations: OpenAI, Cohere, Speak, and More
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