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Private credit—i.e., loans and debt financing from non-bank lenders—is a resilient asset class that's averaged a 12% return globally (and 14.5% on Percent [5]). It's been popular with institutional investors for a while, especially as it has outperformed both stocks and bonds in the last 3 market downturns.
Decorated filmmaker James Cameron has joined the board of generative media company Stability AI to guide its transition into visual storytelling.
The Gemini models from Google have had a huge reduction in cost, an increase to 2 million tokens in context, and improvements to overall performance. One interesting tidbit is the step change in cost after 128k tokens.
OpenAI plans to rebrand in 2024, introducing a new logo that employees found lacking in creativity. The company is shifting from a non-profit to a for-profit structure. This rebranding aims to solidify its identity as OpenAI becomes more recognized.
MIT researchers speed up a novel AI-based estimator for medication manufacturing by 60 times.
ControlEdit is a new method for precise multimodal clothing image editing. It allows for localized edits on clothing images while maintaining consistent style and natural transitions.
The order in which UI elements are presented significantly impacts agent performance in virtual environments. Randomizing element order reduces performance as much as removing all visible text.
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Infrastructure — and especially GPUs — is a major limiting factor in ML and AI development. Nebius AI [13] is on a journey to build the ultimate cloud for AI developers, including top-notch NVIDIA GPUs, integrated monitoring, and access to popular MLOps tools. The secret ingredient? Feedback from their in-house LLM R&D team. Read the blog
The AIM 2024 Video Saliency Prediction Challenge tasked participants with predicting saliency maps for a set of video sequences using a newly collected AViMoS dataset of 1,500 videos.
Dynamic 2D Gaussians (D-2DGS) is a new technique for reconstructing accurate meshes from sparse image input. Unlike previous methods that struggle with mesh quality, D-2DGS uses 2D Gaussians to represent geometry and captures deformations through controlled points.
FastGL is a GPU-efficient framework designed to speed up the training of Graph Neural Networks (GNNs) on massive graphs. It reduces data traffic and enhances memory efficiency by optimizing the sampling, memory, and computation phases of GNN training.
A great post by quant firm Jane Street that explores ways to visualize networks that are piecewise linear.
DreamHoi has introduced a new AI technique for generating realistic 3D human-object interactions using textual descriptions and advanced diffusion models. This approach aims to bridge the gap between textual input and detailed 3D output, enhancing virtual experiences.
Apple's generative AI will expand to more languages, including German and Korean, by 2025. It will initially launch in American English with iOS 18.1 but will face regulatory hurdles in the EU and China. Apple is in talks with the European Commission and Chinese regulators to address these issues.
Salesforce Ventures has announced a new $500 million fund, bringing its AI investment total to $1 billion.
LinkedIn allegedly trained AI models on user data without initially updating its privacy policy.
T-Mobile and OpenAI will build a new customer service system powered by AI agents as part of a multi-year partnership.