- Google is planning to revamp its voice assistant, Assistant, with technology based on large language models (LLMs).
- The article raises the question of which software companies will benefit the most from the LLM boom.
- Tech giants like Google, Meta Platforms, and Microsoft are well positioned to incorporate LLMs into their products.
- However, investors have also placed sizable bets on general-purpose LLM developers, with over $12 billion in VC money going into six LLM providers in the past year.
- OpenAI is receiving a significant investment of $10 billion from Microsoft, but other LLM providers are also attracting substantial investments.
Main topic: Anthropic, an AI startup co-founded by former OpenAI leaders, receives $100 million in funding from SK Telecom (SKT), a major mobile carrier in South Korea.
Key points:
1. SKT is investing $100 million in Anthropic, joining the company's previous investors in its Series C funding round.
2. Anthropic and SKT plan to co-develop a multilingual large language model (LLM) customized for global telco firms.
3. SKT aims to provide AI services to potential customers using the LLM, including industry-specific customer service, marketing, sales, and interactive consumer applications.
Main topic: SK Telecom and Anthropic to collaborate on building a large language model (LLM) for telcos.
Key points:
1. SKT and Anthropic will work together to create a multilingual LLM that supports various languages.
2. SKT will provide telecoms expertise while Anthropic will contribute its AI technology, including its AI model Claude.
3. The goal is to develop industry-specific LLMs to enhance AI deployments in telcos, improving performance and reliability.
Context.ai, a company that helps businesses understand how well large language models (LLMs) are performing, has raised $3.5 million in seed funding to develop its service that measures user interactions with LLMs.
Mirae Asset Securities, South Korea's largest financial group, is partnering with Ethereum scaling platform Polygon Labs to promote tokenization in finance and drive the adoption of Web3 technologies. Through the collaboration, Mirae aims to establish itself as a global leader in tokenized securities, bringing real-world assets onto the blockchain. Tokenization projects have already been initiated by other financial giants, and the industry is projected to grow significantly, reaching $16.1 trillion by 2030. The partnership is expected to accelerate the adoption of Web3 technologies in the financial sector and enhance interoperability with foreign financial systems.
Large language models (LLMs) are set to bring fundamental change to companies at a faster pace than expected, with artificial intelligence (AI) reshaping industries and markets, potentially leading to job losses and the spread of fake news, as warned by industry leaders such as Salesforce CEO Marc Benioff and News Corp. CEO Robert Thomson.
Startup NucleusAI has unveiled a 22-billion-parameter language model (LLM) that surpasses similar models in performance, demonstrating the expertise of its four-person team; the company plans to leverage AI to create an intelligent operating system for farming, with details to be announced in October.
