a llama standing in a library. large text label reads “RAG” –chaos 20 –ar 4:3 –style raw –personalize ytt1577 –v 6.1

AI startup Cohere sees valuation soar to $5.5B after new funding round | Seeking Alpha

“Today, we’re introducing Rerank 3 Nimble: the newest foundation model in our Cohere Rerank model series, built to enhance enterprise search and RAG systems, which is ~3x faster than Rerank 3 while maintaining a high level of accuracy. It’s available only on Amazon Sagemaker. 

Cohere raises $500M to beat back generative AI rivals | TechCrunch

https://techcrunch.com/2024/07/22/cohere-raises-500m-to-beat-back-generative-ai-rivals/

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Be Sure To Read This Week’s Main Post:

This week’s executive overview and top links are here:

AI News #43: Week Ending 07/26/2024 with Executive Summary and Top 97 Links 

The post you just read is an deep dive extension of my weekly newsletter, This Week In AI, an executive summary of the top things to know in AI. Each week, I create an accessible overview for laypeople to feel confident they are conversant with the week’s AI developments. I include a curated list of must-click links of the week, to offer everyone a hands-on opportunity to explore the most intriguing updates in artificial intelligence across various categories, including robotics, imagery, video, AR/VR, science, ethics, and more. Beyond the overview, I post these topic-based deeper dives (below). If you haven’t read this week’s overview, I recommend starting there.

Credits/Sources

a thankful robot extends a bouquet of flowers toward the camera --chaos 30 --ar 4:3 --style raw --personalize jczhn5o
a thankful robot extends a bouquet of flowers toward the camera –chaos 30 –ar 4:3 –style raw –personalize jczhn5o

Most of these weekly links come from just a few prolific oversharing sources. Please follow them, as they work hard to find the news each week and they make it a lot easier for me to compile.

For previous issues, please visit the archives!

MidJourney Prompt: a cozy home library at a beach house, a gorgeous summer afternoon. a humanoid robot reads a book. --chaos 20 --ar 4:3 --style raw --v 6.1 Upscaled with Magnific.ai. GPT suggested Lato for the August/Summer font because it is "a friendly and warm sans-serif font with soft curves, making it feel fresh and approachable."
MidJourney Prompt: a cozy home library at a beach house, a gorgeous summer afternoon. a humanoid robot reads a book. –chaos 20 –ar 4:3 –style raw –v 6.1 Upscaled with Magnific.ai. GPT suggested Lato for the August/Summer font because it is “a friendly and warm sans-serif font with soft curves, making it feel fresh and approachable.”

Thanks for reading!

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