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financial support

Government Investment

EU lawmakers introduced measures to support AI startups and scale-ups in the generative AI field

TL;DR: Main AI News: In the realm of generative AI, the European Union is making a strategic move to bolster...

01.AI Seeks $200 Million Investment to Accelerate Open-Source AI Models

TL;DR: Main AI News: Beijing-based AI firm 01.AI is actively pursuing a substantial funding round, with insider reports indicating that...

Open Source “Falcon 40B”: A New Milestone in Large Language Models

TL;DR: Main AI News: The Technology Innovation Institute (TII), a leading international scientific research hub and the applied research pillar...