ODSC’s AI Weekly Recap: Week of August 9th

ODSC - Open Data Science
4 min readAug 9, 2024

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Every week, the ODSC team researches the latest advancements in AI for this AI Weekly Recap. We review a selection of the most impactful research, trending open-source projects, and significant startup investments. We carefully curate and share the most impactful developments, bringing the insights that matter most to the AI and data science community. Subscribe to get this as a newsletter sent to your inbox every Friday!

Open Data Science Blog Recap

AI-Enhanced EEGs Look to Revolutionize Early Dementia Detection (Source)

John Schulman Leaves OpenAI for Anthropic and Greg Brockman Takes Extended Leave (Source)

Wendy’s Teams Up with Palantir for AI-Driven Supply Chains (Source)

ProRata.ai to Share Revenue from AI Chatbot Subscriptions With Media & Music Companies (Source)

AI Chip Startup Groq Reaches $2.8B Valuation (Source)

Brazil Unveils $4.07 Billion AI Investment Plan (Source)

DOJ Investigates NVIDIA’s Acquisition of Israeli AI Start-Up Run (Source)

AI News Highlights

Has the AI bubble burst? Wall Street wonders if artificial intelligence will ever make money

AI giant Nvidia faces calls from progressive groups for an antitrust probe

There’s a Tool to Catch Students Cheating With ChatGPT. OpenAI Hasn’t Released It.

Will the $1 trillion of generative AI investment pay off?

Nvidia Stock Plummets on Reported Delay of Its New AI Chip Amid Global Sell-Off

Microsoft stock drops after results fall short in latest AI disappointment

Opinion: Will this California bill to regulate AI protect consumers or gut tech?

Apple could charge up to $20 subscription fee for AI features: report

New Trending Open Source Projects

ChatTTS is a text-to-speech model designed specifically for dialogue scenarios such as LLM assistant.

Ladybird is a truly independent web browser, using a novel engine based on web standards.

The Segment Anything Model (SAM) produces high-quality object masks from input prompts such as points or boxes, and it can be used to generate masks for all objects in an image

Hallo: Hierarchical Audio-Driven Visual Synthesis for Portrait Image Animation

Omost is a project to convert LLM’s coding capability to image generation (or more accurately, image composing) capability.

Claude Engineer is an advanced interactive command-line interface (CLI) that harnesses the power of Anthropic’s Claude 3 and Claude 3.5 models to assist with a wide range of software development tasks.

ToonCrafter can interpolate two cartoon images by leveraging the pre-trained image-to-video diffusion priors.

OmniParse is a platform that ingests and parses any unstructured data into structured, actionable data optimized for GenAI (LLM) applications

New Trending Research From Around The Globe

MiniCPM-V: A GPT-4V Level MLLM on Your Phone — Paper

Deep Patch Visual SLAM — Paper

Mini-Monkey: Alleviate the Sawtooth Effect by Multi-Scale Adaptive Cropping — Paper

Unsupervised Domain Adaption Harnessing Vision-Language Pre-training — Paper

Lumina-mGPT: Illuminate Flexible Photorealistic Text-to-Image Generation with Multimodal Generative Pretraining — Paper

NACL: A General and Effective KV Cache Eviction Framework for LLMs at Inference Time — Paper

CodexGraph: Bridging Large Language Models and Code Repositories via Code Graph Databases — Paper

Start-Up Funding News

  • California-based Groq, a provider that radically simplifies computing to accelerate workloads in artificial intelligence, machine learning, and high-performance computing, raised $300M in the latest funding Round
  • Singapore-based Silicon Box, a semiconductor integration service provider specializing in full chip design and manufacturing, raised $99M in Series B Funding
  • California-based Contextual AI, which offers a pioneering approach to generative AI for the workplace, raised $80M in Series A Funding
  • Seattle-based Protect AI, a cybersecurity platform that specializes in protecting machine learning models and artificial intelligence systems, raised $60M in Series B Funding
  • Germany-based Black Forest Labs, a developer of advanced generative deep learning models for images and videos, emphasizing broad accessibility and transparency, raised €28M in Seed Funding.

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Blogs or News to Share?

If you have any blogs, industry news, product launches, job postings, fundraising news, or open-source launches to add to our newsletter then please send them to: blogs@odsc.com.

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ODSC - Open Data Science
ODSC - Open Data Science

Written by ODSC - Open Data Science

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