In a strategic move to streamline operations and reduce management layers, Microsoft has announced a significant workforce reduction, slashing approximately 6,000 jobs, representing 3% of its global workforce of 228,000 employees as of June 2022.
Airbnb CEO Brian Chesky aims to transform the company into an 'everything app' for travel, fitness, and more, inspired by his friend's struggle with OpenAI, signaling Airbnb's ambition to expand beyond rentals and compete with tech giants.
Anthropic, a pioneering AI company, has teamed up with Menlo Ventures to launch the $100 million Anthology Fund, aimed at fueling startups leveraging Anthropic's cutting-edge AI technology across diverse sectors like healthcare, education, and consumer solutions, while fostering innovation and societal benefits.
Amazon and HUMAIN are investing over $5 billion to establish an 'AI Zone' in Saudi Arabia, featuring dedicated AWS AI infrastructure, services like SageMaker and Bedrock, generative AI capabilities like Amazon Q, and initiatives to develop AI solutions, a unified AI marketplace, Arabic language models, and AI talent.
Meta, Hugging Face, and Scaleway have joined forces to launch an AI startup accelerator at STATION F, offering housing, events, and comprehensive startup programs to support and nurture promising AI ventures.
Abu Dhabi's sovereign wealth fund Mubadala made a $10 billion bet on sports empire TWG Global, gaining stakes in top franchises like the LA Dodgers, LA Lakers, and Chelsea FC through TWG's $15 billion equity raise, marking a major investment in the global sports industry.
DeerFlow is a cutting-edge framework that harnesses language models, web search, and Python execution to revolutionize automated research, enabling seamless integration of AI agents, human collaboration, and content creation for groundbreaking discoveries.
AI powerhouse Harvey raises $100M at a $1.5B valuation, backed by Google Ventures, OpenAI, and top VCs, to supercharge its AI-powered technology for professional services across business functions globally.
A groundbreaking AI assistant named Computer Agent demonstrates remarkable conversational skills and task proficiency, powered by the Hugging Face library, enabling local or cloud deployment with a user-friendly web interface for seamless interaction and customization.
ROC curves offer a powerful tool for visualizing and optimizing classification model performance by plotting true positive rate against false positive rate across all thresholds, with the area under the curve (AUC) representing the model's ability to distinguish positive and negative examples.