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Top AiNews.com Headlines for Friday August 2nd

Black Forest Labs Launches FLUX.1: New AI Image Generation Standard

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Today’s Headlines:

  • Black Forest Labs Launches FLUX.1: New AI Image Generation Standard - Black Forest Labs has unveiled FLUX.1, a suite of cutting-edge AI image generation models designed to rival industry leaders like Midjourney and DALL-E 3. Available in three variants—[pro], [dev], and [schnell]—FLUX.1 aims to set a new standard in text-to-image synthesis.

  • Introducing Stable Fast 3D: Rapid 3D Asset Generation in 0.5 Seconds - Stability AI has unveiled Stable Fast 3D, a groundbreaking model capable of generating high-quality 3D assets from a single image in just 0.5 seconds. This innovation sets a new benchmark for speed and quality in 3D reconstruction, catering to a wide range of applications and industries.

  • Introducing GitHub Models: Empowering 100 Million Developers with AI - GitHub is revolutionizing the development landscape by introducing GitHub Models, enabling over 100 million developers to leverage cutting-edge AI models directly on GitHub. This new feature allows developers to build, customize, and deploy software with AI, marking a significant shift in the mode of creation.

  • Healx Secures $47M for AI-Driven Drug Discovery in Rare Diseases - Healx, a UK-based AI-driven drug discovery startup, has secured $47 million in a Series C funding round co-led by Atomico from Europe and Silicon Valley-based R42. This funding will support the company's ongoing efforts to develop new treatments for rare diseases. Additionally, Healx has received regulatory clearance to commence Phase 2 clinical trials in the U.S. for a new drug later this year.

  • Meta to Increase Computing Power 10x for Llama 4 Training - Meta plans to significantly ramp up its computing power for future model training. According to Mark Zuckerberg, Meta will need 10 times more computing power to train Llama 4 compared to Llama 3. This strategic move is aimed at maintaining a competitive edge in the AI space.

  • Heeyo Launches AI Chatbot for Kids with $3.5M Seed Funding - Heeyo, a startup founded by Xiaoyin Qu, aims to revolutionize learning for children aged 3 to 11 with an AI chatbot. Offering over 2,000 interactive games and activities, Heeyo's chatbot acts as both a tutor and a friend, helping kids learn and explore their interests in a safe and engaging way.

  • 2 AI Stocks Predicted to Soar by Up to 115% by Wall Street Analysts - The advent of AI has helped fuel the market rally over the past year, but experts suggest it's only just begun. Palantir Technologies and Super Micro Computer are two AI-related stocks that could see significant growth, with select Wall Street analysts predicting up to 115% additional upside.

  • Britain Cancels $1.7B in AI Projects, Impacting Global AI Ambitions - The U.K. government has canceled £1.3 billion ($1.7 billion) worth of taxpayer-funded computing infrastructure projects, marking a significant setback for the country's ambitions to become a global leader in artificial intelligence (AI).

  • Nvidia AI Deal Faces Antitrust Scrutiny Amid Regulatory Concerns - The U.S. Justice Department has launched an antitrust investigation into Nvidia's acquisition of the Israeli AI startup Run:ai. This move adds to the global regulatory pressure to prevent the control of artificial intelligence by a few dominant technology companies.

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