Bezos, Nvidia Join OpenAI in Funding Humanoid Robot Startup Figure AI

Anthropic launches Claude 3

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• Bezos, Nvidia Join OpenAI in Funding Humanoid Robot Startup Figure AI

• Anthropic launches Claude 3

• AMD's made-for-China AI chips

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Bezos, Nvidia Join OpenAI in Funding Humanoid Robot Startup Figure AI

Jeff Bezos, Nvidia Corp. and other big technology names are investing in a business that’s developing human-like robots, according to people with knowledge of the situation, part of a scramble to find new applications for artificial intelligence.

The startup Figure AI Inc. — also backed by OpenAI and Microsoft Corp. — is raising about $675 million in a funding round that carries a pre-money valuation of roughly $2 billion, said the people, who asked not to be identified because the matter is private. Through his firm Explore Investments LLC, Bezos has committed $100 million. Microsoft is investing $95 million, while Nvidia and an Amazon.com Inc.-affiliated fund are each providing $50 million. OpenAI, which at one point considered acquiring Figure, is investing $5 million.

Robots have emerged as a critical new frontier for the AI industry, letting it apply cutting-edge technology to real-world tasks. At Figure, engineers are working on a robot that looks and moves like a human. The company has said it hopes its machine, called Figure 01, will be able to perform dangerous jobs that are unsuitable for people and that its technology will help alleviate labor shortages….

By Mark Gurman and Gillian Tan of Bloomberg

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Anthropic launches Claude 3

Anthropic has officially launched Claude 3, a new suite of artificial intelligence models, marking a significant advancement in the AI technology landscape. This launch introduces three distinct models: Claude 3 Haiku, Claude 3 Sonnet, and Claude 3 Opus, each designed to cater to varying levels of complexity and performance needs. Claude 3 Opus, the most advanced model in the lineup, is highlighted for its exceptional capabilities, outperforming competitors like OpenAI's GPT-4 and Google's Gemini 1.0 Ultra in various benchmark exams[4]. This achievement positions Claude 3 Opus as a leading solution for handling cognitively complex tasks, such as detailed financial analysis.

The Claude 3 family is designed to set new industry benchmarks across a wide range of cognitive tasks, including reasoning, expert knowledge, mathematics, and language fluency. These models demonstrate near-human levels of comprehension and fluency on complex tasks, pushing the boundaries of general intelligence in AI.

A significant innovation with Claude 3 is its multimodal capabilities, allowing the models to process and analyze both text and visual inputs. This feature enables new use cases, such as analyzing charts, graphs, and technical diagrams, making Claude 3 particularly valuable for enterprises with knowledge bases in visual formats….

Originally by Jeffrey Dastin of Reuters

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AMD's made-for-China AI chips

Advanced Micro Devices Inc. is the latest global tech company to try and overcome the trade walls that the US is erecting around China. Legally, of course. But it’s not going so well, as even the modified artificial intelligence accelerator that AMD fashioned specifically for China has been rebuffed by the Department of Commerce.

Santa Clara-based AMD, whose headquarters is a brief walk away from AI chip lynchpin Nvidia Corp.’s, launched its flagship MI300 chip late last year to go head-to-head with its California neighbor. It moreover wants to compete in the China market, where Nvidia has already released several less-powerful iterations of its best AI accelerators to comply with US export controls.

This is where AMD’s tweaked MI309 enters the picture. It’s not clear how capable this chip is, but it apparently still had too much juice for Commerce to let AMD sell to China without a license. But AMD is now going after the AI chip market more aggressively. In December, it launched a new MI300 lineup that will challenge processors from Nvidia. The China-tailored product has been referred to as MI309, according to the people.

Leading Chinese tech firms, including Tencent Holdings Ltd. and Baidu Inc., have said they have stockpiled enough powerful chips from Nvidia — the types that are now subject to US controls — to advance their chatbots’ capabilities for another year or two….

By Jane Lanhee Lee and Mackenzie Hawkins of Bloomberg

Enjoy! SBalley Team