AI

Mistral releases Codestral, its first generative AI model for code

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Mistral, the French AI startup backed by Microsoft and valued at $6 billion, has released its first generative AI model for coding, dubbed Codestral. Codestral, like other code-generating models, is designed to help developers write and interact with code. It was trained on over 80 programming languages, including Python, Java, C++ and JavaScript, explains Mistral […]

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With the EU AI Act incoming this summer, the bloc lays out its plan for AI governance

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The European Union has taken the wraps off the structure of the new AI Office, the ecosystem-building and oversight body that’s being established under the bloc’s AI Act. The risk-based regulatory framework for artificial intelligence is expected to enter into force before the end of July — following the regulation’s final approval by EU lawmakers

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China’s $47B semiconductor fund puts chip sovereignty front and center

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China has closed a third state-backed investment fund to bolster its semiconductor industry and reduce reliance on other nations, both for using and for manufacturing wafers — prioritizing what is called chip sovereignty. China’s National Integrated Circuit Industry Investment Fund, also known simply as ‘the Big Fund,’ had two previous vintages: Big Fund I (2014

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Iyo thinks its gen AI earbuds can succeed where Humane and Rabbit stumbled

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A month after launching its first product, Humane’s co-founders have reportedly put their well-funded startup on the market. While even the firm’s biggest cheerleaders didn’t expect the Ai Pin to change the world in such a short timeframe, few of its many detractors expected things to go so sideways, so quickly. Humane’s biggest competitor, the

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Women in AI: Arati Prabhakar thinks it’s crucial to get AI ‘right’

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To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch has been publishing a series of interviews focused on remarkable women who’ve contributed to the AI revolution. We’re publishing these pieces throughout the year as the AI boom continues, highlighting key work that often goes unrecognized. Read more profiles here.

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Elon Musk’s xAI raises $6B from Valor, a16z, and Sequoia

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Elon Musk’s AI startup, xAI, has raised $6 billion in a new funding round, it said today, in one of the largest deals in the red-hot nascent space, as he shores up capital to aggressively compete with rivals including OpenAI, Microsoft, and Google. Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity, Prince Alwaleed

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