Technology

Groundbreaking AI Developments: Google's New Model, Databricks' Massive Funding, and Enhancements to ChatGPT Search!

2024-12-21

Author: Wei Ling

Google Launches Gemini 2.0 Flash Thinking Mode

In a significant advancement, Google has unveiled its Gemini 2.0 Flash Thinking Mode. This experimental model is specifically designed to mimic a 'thinking process' when addressing user inquiries. Compared to its predecessor, the Gemini 2.0 Flash model, the Thinking Mode boasts superior reasoning abilities. Utilizing Google’s Vertex AI platform, it currently supports text and image inputs while generating text-based responses.

ChatGPT Enhancements: Search Made Easier for Everyone

OpenAI has broadened accessibility as it introduced the ChatGPT search feature to all free users, provided they log in. Enhancements to this feature include faster response times, an improved mobile interface, and a new maps function for location-based inquiries. Additionally, users can now perform searches via voice commands thanks to the Advanced Voice feature, making interactions more seamless and engaging!

Databricks Secures $10 Billion Investment for Growth

In a striking move for the AI sector, Databricks has announced a staggering $10 billion in anticipated non-dilutive financing. Having already secured $8.6 billion, the company's current valuation stands at $62 billion. Thrive Capital leads this funding round, with notable investors such as Andreessen Horowitz and GIC joining in. Databricks co-founder and CEO, Ali Ghodsi, expressed the company’s excitement about this extraordinary wave of investor confidence. He emphasized that AI is still in its early stages, affirming their commitment to enhancing the Databricks Data Intelligence Platform for diverse industries.

The company has reported remarkable year-over-year growth exceeding 60% and plans to allocate this new capital towards advancing AI products, conducting acquisitions, and expanding its global market reach.

Suki Partners with Google Cloud for Healthcare AI Solutions

Suki, a leader in AI voice technology for healthcare, has rolled out significant new features for its Suki Assistant, thanks to a partnership with Google Cloud. This collaboration harnesses Google Cloud's Vertex AI platform to deliver comprehensive patient summaries and answer medical queries. Healthcare providers can look forward to enhanced capabilities in documentation and patient data retrieval.

Suki’s founder, Punit Soni, highlighted a monumental shift in how clinicians will access data, stating that the goal is to make healthcare technology effortlessly integrated and assistive, ultimately allowing clinicians to focus more on patient care. The patient summary feature is already accessible to select clinicians, while the Q&A functionality will be available by 2025.

SandboxAQ Raises $300 Million to Propel AI Applications

This week, SandboxAQ garnered attention with a monumental funding round totaling $300 million, pushing its pre-money valuation to an impressive $5.3 billion. The company aims to leverage this funding to accelerate the development of its Large Quantitative Models (LQMs). According to CEO Jack D. Hidary, these models are poised to tackle complex challenges in various industries including pharmaceuticals and energy, marking a new era in AI innovation.

Engineered Arts Expands Operations with New Funding

Engineered Arts, known for their cutting-edge humanoid robots, has undergone a transformation by restructuring into a U.S. entity while closing a $10 million Series A funding round. This recent investment will facilitate product refinement and scaling up production processes. The energetic CEO, Will Jackson, emphasizes the emotional connection people feel with their robots, asserting that they are on the forefront of embodied AI technology.

As the AI field continues to advance at a breakneck speed, stay tuned for more groundbreaking updates—this is just the beginning!