ODSC’s AI Weekly Recap: Week of June 14th

4 min readJun 14, 2024

Every week, the ODSC team researches the latest advancements in AI. We review a selection of the most impactful research, trending open-source projects, and significant startup investments. We carefully curate and share a selection of the most impactful developments, bringing you the insights that matter most to the AI and data science community.

Open Data Science Blog Recap

Chinese Quant Fund High-Flyer Capital Challenges AI Giants with New Model(Source)
AI Infrastructure Anticipated to Hit $420 Billion By 2033 (Source)
AI Used in Largest-Ever Antibiotic Discovery Effort (Source)
US Antitrust Enforcer Intensifies Scrutiny on AI Sector Amid Monopoly Concerns (Source)
Biden Administration Weighs Further Restrictions on AI Chip Technology to China (Source)

AI News Highlights

OpenAI Insiders Warn of a ‘Reckless’ Race for Dominance

Fake beauty queens charm judges at the Miss AI pageant

Apple announces artificial intelligence partnership with OpenAI

AI Security Startup Cyberhaven Raises $88 Million in New Funding

Mistral, a French A.I. Start-Up, Is Valued at $6.2 Billion

Apple finally makes its AI strategy clear. It’s all very Apple — and very risky

Hawk Adds New Funding Amid Demand for AI-Powered Crime Fighting

AWS debuts 2 AI certifications to give you an edge in pursuing in-demand cloud jobs

Microsoft is outsourcing its best AI, tech CEO says — and that’s good news for Google

OpenAI colleagues warn race for AI could lead to ‘human extinction’

Generative AI Practitioners in Healthcare Prioritize Industry-Specific and Task-Specific Models as Budgets Surge 300%, New John Snow Labs Survey Finds

New Trending Open Source Projects

Refine — A React Framework for building internal tools, admin panels, dashboards & B2B apps with unmatched flexibility.

Laravel-Open-Source-Projects Easy Edit — A Web Artisan list of categorized OPEN SOURCE PROJECTS built with Laravel PHP Framework

Hash Checker -Fast and simple application that allows you to generate and compare hashes from files and text

Drifty — An Open-Source Interactive File Downloader System built with Java

dotnetmaui-chatgpt-app-oss — ChatGPT is an open-source chat application developed with .NET MAUI, employing OpenAI technologies to replicate functionality similar to ChatGPT. The application generates chat responses using these OpenAI technologies.

APIVerse — a collection of APIs that are useful for developers. It simplifies the process of both adding new APIs and learning how to harness the power of existing ones.

New Trending Research From Around The Globe

Unpacking DPO and PPO: Disentangling Best Practices for Learning from Preference Feedback — Paper
Multi-Agent Software Development through Cross-Team Collaboration — Paper
MLKV: Multi-Layer Key-Value Heads for Memory Efficient Transformer Decoding — Paper
MMScan: A Multi-Modal 3D Scene Dataset with Hierarchical Grounded Language Annotations- Paper
GraphFM: A Comprehensive Benchmark for Graph Foundation Model — Paper
OmniCorpus: An Unified Multimodal Corpus of 10 Billion-Level Images Interleaved with Text — Paper
VisionLLM v2: An End-to-End Generalist Multimodal Large Language Model for Hundreds of Vision-Language Tasks — Paper
HelpSteer2: Open-source dataset for training top-performing reward models — Paper
Simple and Effective Masked Diffusion Language Models — Paper
AsyncDiff: Parallelizing Diffusion Models by Asynchronous Denoising — Paper

Start-Up Funding News

New York-based AlphaSense, an intelligence platform that uses artificial intelligence allowing professionals to make critical decisions raised $650M in Series Funding

Paris-based Mistral AI, an AI startup that provides developers and businesses access to open and portable generative AI solutions, raised €600M in Series B.

Germany-based Cognigy, an enterprise conversational AI platform designed to automate customer and employee support processes, raised over $168M in Series C.

Boston-based Posh AI, a conversational AI platform for the banking industry, raised over $72M in Series Funding.

UAE-based Tenderd, an AI-powered platform to digitally transform heavy equipment operations, enhancing efficiency and data analytics, raised over $35M in Series A

Where AI Expertise is Acquired!

Dive deep into the world of data science and AI at ODSC West 2024 this October in the heart of the AI boom!

Learn from top industry experts about the latest advancements in generative AI, LLMs, AI for Robotics, machine learning, deep learning, NLP, and more.

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 .