Welcome to the newest edition of FindBiometrics’ AI update. Here’s the latest big news on the shifting landscape of AI and identity technology:
Saudi officials are in talks to launch a $40 billion-plus AI investment fund, reports The Information. Andreessen Horowitz is a potential partner in the venture, with the Kingdom’s efforts being led by Sanabil, the VC arm of its sovereign wealth fund.
OpenAI CEO Sam Altman and former Apple designer Jony Ive have entered funding negotiations with potential investors in their planned AI device startup. Deals have reportedly been discussed with Emerson Collective and Thrive Capital, with the entrepreneurs aiming to raise up to $1 billion.
Meta is planning to launch Llama 3, its next-gen large language model, within the next month. The new open source model is expected to have about 140 billion parameters, compared to Llama 2’s 70 billion parameters. But Meta’s chief AI scientist, Yann LeCun, says generative AI will be eclipsed by joint embedding predicting architecture (JEPA), an alternative approach to AI model development.
Apple is working to integrate new, AI-focused chips into its forthcoming laptop and computer devices. The M4 chip line is expected to support a swath of new AI features that will be previewed at Apple’s developer conference in June; at least some of these AI features are designed to run on-device rather than on remote servers, requiring more capable chips.
Adobe is offering its photographers and artists $120 a pop for videos of people doing everyday activities. It also wants more shots of hands, feet, and eyes. The company is racing to collect data on which to train its generative AI technology.
Paravision has announced a partnership with Hailo. Their collaboration entails combining Paravision’s facial recognition technology with Hailo’s AI processors, which are aimed primarily at edge devices. The companies say that they are “already winning with high-volume, industry-leading partners”.
IQE has reported an adjusted core profit of £4.3 million, beating analysts’ estimates by 10 percent. The UK-based chipmaker is enjoying strong demand from the AI boom. It also provides tech for things like mobile facial recognition systems.
The Federal Trade Commission has named a handful of winners in its Voice Cloning Challenge, which asked the private sector for solutions to the issue of voice deepfakes. The winners were largely teams of academic researchers, though the voice biometrics company Pindrop Security won a “Recognition Award” for its solution.
The chatbot’s take: It seems like there’s a whole new AI technology that we need to start learning about.
–
April 11, 2024 – by Alex Perlaa
Follow Us