<div>
  <ul>
    <li>
      <p>
        OpenAI's GPT-4 Turbo with Vision, a multimodal model, is set to debut on Azure OpenAI service, merging image analysis and textual responses for image-related inquiries.
      </p>
    </li>
    <li>
      <p>
        This model, adept in both natural language processing and visual understanding, will offer users improved capabilities like different input formats including text, images, and video. It also offers features like object grounding and optical character recognition.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://techcommunity.microsoft.com/t5/ai-azure-ai-services-blog/gpt-4-turbo-with-vision-on-azure-openai-service/ba-p/3979933">
      Press release
    </a>
  </p>
</div>


Foundation Models

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

The HTML code given represents a simple HTML structure consisting of a <div> element that contains an unordered list (<ul>). The list contains two list items (<li>) which have paragraphs (<p>) as their child elements. The paragraphs provide information about the release of OpenAI's new model called GPT-4 Turbo with Vision. The model is described as a multimodal model that combines image analysis and textual responses for image-related inquiries. The model is proficient in both natural language processing and visual understanding. It offers users enhanced capabilities such as accepting various input formats like text, images, and video. Additionally, it incorporates features like object grounding and optical character recognition.

GPT-4 Turbo to be available on the Azure OpenAI Service in public preview

<div>

 <p>Tencent has made improvements to and open-sourced its text-to-image large model (LM), known as Hunyuan. This model is reportedly the first Chinese diffusion model to use the Transformer (DiT) architecture and has a parameter size of 1.5 billion, making it an open-source text-to-image model. </p>
 <p>According to Tencent, the upgraded model shows enhanced capability in generating visual models, displaying a progress of over 20% compared to its predecessors. </p>
 <p>Hunyuan is available for use on platforms like Hugging Face and Github, and it is permission-free for commercial exploitation.</p>

</div>

Tencent upgrades and open sources text-to-image LM 'Hunyuan'

Leveraging personal data for custom-fit diagnosis and treatment

Precision Medicine

<div>
 <p>Navigo Proteins and Oncodesign Precision Medicine have formed a partnership, with the goal of enhancing the development of new systemic radiotheranostic agents used in cancer treatments. The collaboration aims to develop treatments for metastatic and resistant cancers by creating radiotheranostic agents which can detect and eradicate tumor cells. The partnership will initially focus on developing two targets in oncology to the stage of drug candidates, with plans of extending the collaboration to additional targets in the future.</p>
 <p>Navigo Proteins is a German biotechnology company specializing in protein engineering, with a focus on the development of precision affinity ligands and biotherapeutics. Navigo uses its proprietary platforms, Precision Capturing and Precision Targeting, to create custom affinity chromatography solutions and develop novel biotherapeutics.</p>
</div>

Oncodesign Precision Medicine and Navigo Proteins partner for systemic radiotheranostic agents development

Sustainably solving the food shortages of the future

Smart Farming

<div>
 
 <p>Stara, an agribusiness solutions provider, has collaborated with One Smart Spray, a joint venture from Bosch and BASF, to launch Stara's Imperador 4000 Eco Spray in Latin America. One Smart Spray develops precise and intelligent herbicide spraying solutions.</p>
 <p>This new crop protection sprayer incorporates the precision weed management system designed by One Smart Spray. It can identify and spray weeds in real-time using AI technology and a camera-based system from Bosch. This system includes xarvio Digital Farming Solutions which are used for herbicide programs and automated documentation.</p>
 <p>According to Stara, this smart sprayer offers precision weed management and selective herbicide application. It also allows for herbicide application in different agronomic stages and conditions.</p>
 
</div>

Stara partners with One Smart Spray to launch Imperador 4000 Eco Spray

Data Infrastructure & Analytics

<div>
 
 <p>Alteryx, a cloud-based data analytics platform with AI-powered automation, has introduced Alteryx AiDIN Copilot. This AI assistant is designed to aid in the production of analytical workflows.</p>
 <p>The AiDIN Copilot employs Google Cloud's Gemini AI models, providing a conversational data interaction interface, leading to enhanced efficiency and quicker data insights.</p>
 <p>The AI assistant is intended to accelerate business problem-solving for both novice and experienced data workers. It does this by simplifying tools and minimizing manual configurations. Furthermore, it enables all employees to make data-informed decisions via a conversational AI interface and ensures that IT can deploy AI in a secure, governed environment, following Alteryx's Responsible AI Principles.</p>
 
</div>

Alteryx launches AiDIN Copilot, an AI assistant to build analytical workflows

<div>
 
 <p>Elastic, an analytics solution provider, has introduced a new product named "Search AI Lake".</p>
 <p>"Search AI Lake" is a cloud-based architecture tailored for real-time, low-latency applications like search and security. It's the underlying technology for the new Elastic Cloud Serverless offering, designed for effortless scaling and workload management.</p>
 <p>Main features of Search AI Lake consist of unlimited scaling, separate computing and storage, and real-time low-latency performance. The platform deploys smart caching and segment-level query parallelization to decrease latency and expedite data retrieval. It can self-scale to accommodate workload requirements and includes AI-based relevance, retrieval, and reranking capabilities.</p>
 <p>Being a distributed platform, Search AI lake allows users to pull data across different regions, cloud instances, or hybrid environments.</p>
 
</div>

Elastic rolls out Search AI Lake for low-latency search

<div>

<p>AssetWatch, a firm offering continuous monitoring services, has garnered USD 38 million in a Series B fundraiser. The round was led by Wellington Management and featured involvement from G2 Venture Partners, Triangle Peak Partners, Standard Investments, Osage University Partners, and JobsOhio Growth Capital Fund.</p>
<p>The company intends to utilize this investment to hasten innovation processes and aid in business expansion.</p>

</div>

AssetWatch raised USD 38 million in Series B funding to accelerate innovation

<div>
 
 <p>Scotland-based AI startup, Malted AI, has secured EUR 6.9 million (~USD 7.5 million) in seed funding through a round led by Hoxton Ventures and with contributions from Creator Fund and various angel investors.</p>
 <p>The invested funds will be utilized for research, product development and staff recruitment to expand the existing team.</p>
 <p>The technology provided by Malted AI is aimed at reducing large language models (LLMs) to smaller, highly specialized language models (SLMs). These SLMs help reduce costs and improve performance in AI-related tasks, thereby providing more efficient and precise solutions to complex challenges faced by enterprises.</p>
 
</div>

Malted AI raises EUR 6.9 million in seed funding round for research and development

<div>
 
 <p>The co-founder of Instagram, Mike Krieger, has been named the very first chief product officer (CPO) for Anthropic, a firm focused on creating AI technology and applications. In this role, he will oversee product design, engineering, and management as Anthropic continues to grow its AI applications offerings. Moreover, he will manage the company's software, subscriptions, and professional services.</p> 
 <p>Krieger departed Instagram in 2018 and subsequently co-founded Artifact - a customized news application that was later bought by Yahoo. His significant contributions to user experience and product development at Instagram before its acquisition by Meta were key to the platform's success.</p>
 
</div>

Instagram co-founder Mike Krieger joins Anthropic as chief product officer

Exploring the limitless possibilities of AI

Generative AI Applications

<div>
 
 <p>Mike Krieger, co-founder of Instagram, has been named the initial chief product officer at Anthropic, a company dedicated to AI application and technology creation.</p>
 <p>In his new role as CPO, Krieger will oversee product engineering, management, and design at Anthropic. This responsibility extends to the company's enterprise services, subscriptions, and software as it continues to broaden its AI application offerings.</p>
 <p>Before co-founding Artifact, a personalized news app acquired by Yahoo, Krieger left Instagram in 2018. During his time with Instagram, he played a key role in its success, substantially influencing its user experience and product development before Meta's acquisition.</p>
 
</div>

<div>
 
 <p>Cerebras Systems is a firm that develops computing systems designed to boost AI workload performance. They have teamed up with Aleph Alpha, a tech startup from Germany that specializes in LLMs. This collaboration aims to allow for the development of enhanced, secure artificial intelligence systems.</p>
 <p>Aleph Alpha, courtesy of this partnership, will be the first to utilize Cerebras CS-3 AI supercomputers inside its foremost European datacenter, Alpha ONE. This joint venture aspires to offer the public sector and privately owned businesses a different type of AI model architecture to manage data in a secure and reliable manner.</p>
 <p>The initial results expected from this partnership include Gen AI models that are exhaustively trained to meet the highest accuracy standards using BWI, primarily for the use of the German Armed Forces. Both companies also intend to research the possibility of formulating foundation models, multimodal models, and new model architectures as part of their partnership.</p>
 
</div>

All Updates

Tencent upgrades and open sources text-to-image LM 'Hunyuan'

Oncodesign Precision Medicine and Navigo Proteins partner for systemic radiotheranostic agents development

Stara partners with One Smart Spray to launch Imperador 4000 Eco Spray

Alteryx launches AiDIN Copilot, an AI assistant to build analytical workflows

Elastic rolls out Search AI Lake for low-latency search

AssetWatch raised USD 38 million in Series B funding to accelerate innovation

Malted AI raises EUR 6.9 million in seed funding round for research and development

Instagram co-founder Mike Krieger joins Anthropic as chief product officer

Instagram co-founder Mike Krieger joins Anthropic as chief product officer

Cerebras Systems partners with Aleph Alpha to develop secure sovereign AI solutions