The EU Parliament passed the much-awaited AI Act last week, making it the first major jurisdiction in the world to introduce comprehensive rules for the sector, but compliance could prove tough for startup companies new to regulation. While aspects of
A new study finds popular AI chatbots give false information to basic US election questions 50% of the time. Researchers at the AI Democracy Project tested leading bots like Claude and GPT-4 on common voter queries. The bots wrongly answered
Sam Altman, the CEO of Microsoft-backed OpenAI, and other executives are being sued by Elon Musk, who claims they have abandoned the company’s original goal of creating artificial intelligence “for the benefit of humanity broadly.” In a lawsuit that was
French startup Mistral AI released a new large language model (LLM) called ‘Mistral Large’, which is set to rival OpenAI’s GPT-4 and Claude 2 from Anthropic, it announced on Monday. The firm said the model “reaches top-tier reasoning capabilities” and
OpenAI, the organization behind ChatGPT, has unveiled its second phase of the Converge 2 startup fund. This groundbreaking initiative earmarks an impressive $1 million for each of the 15 selected AI startups. This strategic investment marks a significant milestone in
Mistral AI, a French start-up founded just seven months ago by former researchers from Meta and Google, has raised €385 million (approximately $415 million) in funding. This move highlights the increasing enthusiasm surrounding a novel breed of artificial intelligence designed
With investors pouring billions into AI-focused projects, the stocks of many of these companies have soared to new highs, adding around $150 billion to the net worth of the wealthiest individuals. Over the past few months, AI has contributed immensely
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