AI Revolution: Rabbit R1 Leads as Big Tech Invests Billions in Future of AI
May 3, 2024The Rabbit R1 AI device introduces Large Action Models (LAMs), signaling potential growth in various sectors.
Reviews for the Rabbit R1 are mixed, but its demonstration of LAMs suggests significant implications for enterprise applications.
Current AI news encompasses Anthropic's enterprise plan, Microsoft's OpenAI investment, Nvidia's ChatRTX update, and Sam's Club AI anti-theft initiatives.
AI research is actively tackling the 'bad data' issue, critical for the advancement of AI reliability.
Fortune's Eye on AI newsletter reports on CoreWeave's $1 billion funding, Microsoft's green energy initiative, and valuation challenges for AI startups.
Alphabet's AI investment has spiked by 91%, to $12 billion, underscoring big tech's increasing dominance in the AI industry.
Data shows smaller entities struggle to compete with the heavy investments and rapid advancements made by larger companies in AI technology.
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Fortune • May 2, 2024
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