TLDR AI 2024-06-26
Etched raises $120m Series A 💰, Stability AI new CEO & funding 🧑💻, Together’s RAG Fine-Tuning ⚒️
Apple intelligence and AI maximalism (6 minute read)
Apple is segmenting its AI approach, differentiating between 'context' and 'world' models, with the latter, such as ChatGPT, being used for open-ended queries but without personal context. OpenAI's position is not highly defensible, given the lack of moats in large language models (LLMs) and the rise of competing models. Apple's strategy suggests a commoditization trend for LLMs that leverages on-device capabilities and private cloud to provide AI features while viewing services like ChatGPT as interchangeable components.
Etched raises $120m Series A to build AI chips for transformers (4 minute read)
Etched has announced a $120M round led by Primary Venture Partners and Positive Sum Ventures, as well as angel investors including Peter Thiel, Stanley Druckenmiller, and David Siegel. It is working directly with TSMC's Emerging Business Group to produce chips on their state-of-the-art, 4 nanometer node. Its chips can achieve 500K tokens/second. One 8xSohu can replace 160 H100s.
Stability AI New Funding (2 minute read)
In addition to a new CEO, Stability AI was able to secure a “significant infusion of capital” from existing and new investors.
RAG Fine-Tuning (12 minute read)
Together AI and Morph Labs have put together a great blog post on tuning models for retrieval augmented generation. They showcase some uses of synthetic data as well.
Imbue trains 70B that matches GPT-4 (18 minute read)
Imbue has trained and released an extremely powerful 70B language model. It uses Imbue's custom optimizer and some great data filtering techniques. The model was trained with zero loss spikes.
EvalAlign for Text-to-Image Evaluation (14 minute read)
EvalAlign is a new metric designed to improve the evaluation of text-to-image generative models. Unlike existing metrics, EvalAlign offers fine-grained accuracy and stability. It focuses on image faithfulness and text-image alignment.
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