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Today’s AI insights:

• 🤖 Mistral AI drops a new chatbot and LLM to take on GPT-4.

• 🦁 Media groups sue Google for €2.1 billion

• 📈 Trending AI tools

• 🗞️ Byte Sized News

• 🎓 Best Youtube channels to learn AI

• 😄 AI meme of the day

🤖 Mistral AI drops a new chatbot and LLM to take on GPT-4.

French startup Mistral AI has just launched a chatbot and its flagship large language model (LLM), Mistral Large, rivaling GPT-4's performance! Since its founding less than six months ago, Mistral AI's value skyrocketed to $2 billion, thanks to its impressive Mixtral 8x7B LLM that outshone giants like Meta's Llama 2 34B.

Mistral Large is making waves, surpassing Claude 2, Gemini Pro, and Llama 2-70B in benchmarks, despite a smaller 32k context window. It's close to GPT-4 levels at a fraction of the cost, offering API access at $8 per million input tokens and $24 per million output tokens - that's 20% cheaper than GPT-4!

Also, meet Le Chat, Mistral AI's beta chatbot. It lets users interact with Mistral Large and introduces smaller, quicker, and more cost-effective models, Mistral Small and Mistral Next. These models aim to be as neutral as possible, with a system that gently alerts you to potentially sensitive content.

🦁 Media groups sue Google for €2.1 billion

In a major legal move, Google has been hit with a whopping €2.1 billion lawsuit by 32 media groups, including big names like Axel Springer and Schibsted. The claim? Losses due to Google's digital advertising antics.

This diverse group, hailing from across Europe - from Austria to Sweden - is taking a stand against Google's practices, which they say have harmed the competitive market. According to the firms, Google's dominance has led to lower ad revenues and higher ad tech fees for them, affecting their potential to support the European media scene.

Google, on its end, calls the lawsuit "speculative and opportunistic," highlighting its cooperative efforts with European publishers.

Amidst this legal battle, Google is also navigating through the AI revolution, facing stiff competition from Microsoft and OpenAI. Despite launching its own AI initiatives, Google's journey hasn't been smooth, with its Gemini chatbot's image tool facing criticism

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BYTE SIZED NEWS

 Create films with Stability AI-generated clips using Morph Studio.

Morph Studio, in collaboration with Stability AI, has introduced an AI filmmaking platform. This innovative tool takes the form of a storyboard, allowing users to create and edit shots by entering text prompts for different scenes. The platform blurs the boundaries between filming, editing, and post-production, making film production a continuous process. Users can share their unique production workflows in Morph’s creator community, fostering a vibrant user community. The startup has raised $2.5 million in funding from Baidu Ventures and aims to carve out a niche in the video-based online community

Meta axes Facebook News tab in US and Australia.

Meta, the parent company of Facebook, has chosen to discontinue the Facebook News tab in the United States and Australia. This decision mirrors a previous discontinuation in the UK, France, and Germany last year. The choice stems from a decrease in user engagement with the News tab, which represented less than 3% of content viewed on Facebook. Despite this adjustment, news publishers will retain access to their accounts and pages for sharing links and content. Meta's focus is shifting towards areas that users find most valuable, such as short-form video content.

Calls grow for Google CEO Sundar Pichai to resign.

Calls for Google CEO Sundar Pichai’s resignation intensify after the company’s AI image generator, Gemini, faced major issues. The board is considering his replacement due to the debacle. Analysts emphasize the need for a management overhaul to revive Google’s business

7 Best Youtube channels to learn AI

AI MEME OF THE DAY

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