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Mistral & Microsoft team up, Qualcomm’s AI Hub, Samsung’s new memory chip

Microsoft meets the European AI giant.

Hello, Starters!

The AI industry doesn’t stop, and now it’s time for Microsoft to take center stage as it goes across the pond to seek new AI adventures.

Here’s what you’ll find today:

  • Microsoft partners with Mistral

  • Qualcomm announces its AI hub

  • Samsung presents a memory chip with high capacity for AI

  • Sora's performance is a bit slow

  • Perplexity's AI-powered podcast

  • And more.

Microsoft is taking its role as a leader in the AI landscape seriously, and it's now adding Mistral to its entourage alongside OpenAI. The company has reached a €2 billion deal with the French startup, which also includes making Mistral's models available on the Azure platform.

To add to the momentum, Mistral has announced Mistral Large, a new AI model set to rival OpenAI's GPT-4, and Le Chat, a chatbot built on various of its models. Surprisingly, Mistral Large won't be open source, as the company usually does, but this move reflects a more commercial outlook due to the recent partnership.

AI is set to take over smartphones at this point, which is why Qualcomm is taking matters into its own hands with the creation of an AI hub to help developers integrate AI and generative AI features into their applications.

The hub is fueled by over 75 quantized and on-device AI models that serve as a foundation for developers looking to create apps with various functions such as image segmentation, classification, object detection, text generation, and more. The models can run on devices with non-Snapdragon chips; however, Qualcomm states performance may vary.

Samsung is catching up in the race with the development of a high-bandwidth memory chip, claiming it's the industry's highest-capacity chip to date. The HBM3E 12H has a 50% increase in performance and capacity, which the company expects to meet the demand from AI service providers.

Future devices with increasing AI applications may benefit from these capabilities.

Mass production is slated for the first half of 2024, and analysts anticipate its release to have a positive impact on Samsung's share price, as the company aims for a prominent position in the chip market.

🎬OpenAI's Sora text-to-video model left us in awe. However, Bloomberg recently gained access to a private demo, in which they concluded that there's still room for improvement in its performance before it becomes available to the public.

🎙️Perplexity has joined forces with ElevenLabs to launch "Discover Daily," an AI-powered podcast that covers news from multiple themes by leveraging Perplexity's search capabilities and ElevenLabs voice technology.

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