Key Points Elon Musk’s AI startup, xAI, is seeking new funding to reach a valuation of around $40 billion, but talks are still in the preliminary stages. xAI raised $6 billion in Series B funding in May, reaching a valuation...
Key Points A study found severe microplastic contamination in the Medina Estuary, a protected site on the Isle of Wight. Microfibres, making up 99% of detected particles, were present at all 16 sampled sites, primarily attributed to textile-based waste. The pollution levels of the Medina Estuary are twice as high as those of the estuaries...
OpenAI’s Generative Pre-trained Transformer 3 (GPT-3) has emerged as one of the most significant advancements in Natural Language Processing (NLP). Released in June 2020, GPT-3 garnered attention for its ability to generate human-like text, perform complex tasks, and adapt to various linguistic contexts. This case study explores the development of GPT-3, its architecture, applications, ethical...
Key Points Cadence raised its annual profit midpoint forecast to $5.90 per share, up from $5.87. Demand for Cadence’s chip design software is surging due to the AI boom, boosting its stock by 6.4%. The company reported a 20% revenue increase to $1.22 billion in Q3, surpassing estimates. New Palladium supercomputer sales are expected to...
Key Points South Korea opened its National AI Research Lab in Seoul to position itself as a global AI leader....
