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Top AiNews.com Headlines for Wednesday July 17th

Andrej Karpathy Launches Eureka Labs - AI in Education

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Today’s Headlines:

  • Andrej Karpathy Launches Eureka Labs - AI in Education - Andrej Karpathy, former head of AI at Tesla and researcher at OpenAI, has announced the launch of Eureka Labs, an "AI native" education platform designed to revolutionize learning through AI. The company aims to leverage advancements in generative AI to create AI teaching assistants that can guide students through course materials.

  • Mistral Launches Codestral Mamba for Faster and Longer Code Generation - Mistral has introduced two new additions to its lineup of large language models (LLMs): Codestral Mamba and Mathstral. These models, built on the innovative Mamba architecture, aim to improve efficiency and performance in their respective domains.

  • Toys 'R' Us AI-Generated Ad - Nostalgia Meets Innovative Marketing - In a groundbreaking move, Toys "R" Us has partnered with creative agency Native Foreign to produce a unique brand film using OpenAI's Sora, a text-to-video AI tool. This 66-second promo transports viewers to the 1930s, following young Charles Lazarus, the founder of Toys "R" Us, as he dreams of transforming the toy industry.

  • AI Method Speeds Predictions of Materials’ Thermal Properties by 1000x - It is estimated that about 70% of the energy generated worldwide ends up as waste heat. A team of researchers from MIT and other institutions has developed a new machine-learning framework that predicts phonon dispersion relations up to 1,000 times faster than other AI-based techniques, and potentially 1 million times faster than traditional methods.

  • Grayscale Launches Decentralized AI Fund for Accredited Investors - Asset manager Grayscale has introduced a new crypto fund designed to provide investors with exposure to decentralized artificial intelligence protocols. The Grayscale Decentralized AI Fund, launched on July 17, includes a basket of tokens from Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR).

  • Anthropic and Menlo Ventures Launch $100M AI Fund to Boost Startups - Anthropic and Menlo Ventures have announced the launch of a $100 million fund aimed at backing early-stage AI startups and encouraging them to use Anthropic's AI technology. Named the Anthology Fund, this initiative mirrors the successful iFund, a partnership between Apple and Kleiner Perkins launched in 2008.

  • Microsoft's AI Designer App Now on iOS and Android- Microsoft announced that its AI-powered Designer app is now available to all users on iOS and Android. The Canva-like app allows users to generate images and designs using text prompts to create items such as stickers, greeting cards, invitations, and collages. Designer is accessible in more than 80 languages on the web, as a free mobile app, and as an app in Windows.

  • Pindrop Secures $100M Loan to Expand Deepfake Detection Technology - Pindrop, a leader in deepfake detection and multi-factor authentication, has secured a $100 million, five-year loan from Hercules Capital. CEO Vijay Balasubramaniyan explained that the funds will be used for product development and hiring, emphasizing the need for advanced tools to stay ahead of fraudsters using generative AI for voice cloning.

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