🤖 AI News (Feb 23, 2024):

1️⃣ Bioptimus: French #AI startup Bioptimus, aiming to create a Large Language Model (LLM) for biotechnologies, has raised $35 million just a few months after its inception. The company is founded by former Google Brain researcher Jean-Philippe Vert, who serves as the Director of Research and Development at Owkin, a French biotech "unicorn" focused on discovering new drugs and improving diagnostics through artificial intelligence. With Bioptimus, he aims to build a model that will learn from data essential to understanding biological processes. 🧬

2️⃣ Google: On February 21, #Google released the open-source AI model Gemma for responsible AI development. It comes in two versions – Gemma 2B and Gemma 7B, available under commercial licenses. Both models are lightweight, allowing them to operate not only in the Google Cloud but also on laptops or computers. 🤖

3️⃣ Bloomberg: #Reddit has signed a $60 million contract, allowing an unnamed AI development company to train its models on the platform's content. The company disclosed the deal to potential investors as part of its IPO. This agreement could serve as a template for future contracts of a similar nature. 🤝

4️⃣ NVIDIA: One of the largest GPU manufacturers, Nvidia, reported a 265% increase in profit compared to the previous year. The surge in sales is directly linked to the growing demand for artificial intelligence (AI). 💰

5️⃣ The Verge: On February 22, Google announced a temporary limitation on the ability to generate images of people using the AI tool Gemini. The neural network created illustrations with historical inaccuracies, depicting dark-skinned founding fathers and female senators from the 1800s, even though they were all white men in reality. 🖼️

👍 If you enjoyed these updates, subscribe to our channel!