Dear AI Enthusiasts!

In this edition of AI Secret, a significant leap for the European AI landscape, Mistral AI has emerged as a formidable contender to OpenAI. With a staggering valuation of $2 billion, Mistral AI is not just redefining market dynamics but also signaling a new era of global AI innovation. We'll explore what this means for the industry and how it positions Mistral AI in the global tech arena.

Your Voice Matters: A Poll on Promoting AI Job Opportunities

As AI continues to transform the job market, we want to hear from you! Are you interested in receiving updates about career opportunities in AI? Your feedback is vital in helping us tailor our content to your interests and needs. Don't miss the chance to have your say in our latest poll.

Stay tuned for these stories and more, as we bring you the latest insights and trends from the world of AI.

Today’s AI Secret:

• The next “Titan“, OpenAI’s European rival Mistral AI valued at $2 billion.

• 5 new Trending AI tools to maximize your productivity.

• A poll on promoting AI job opportunities.

• Google Accused of Deceptive Gemini Video.

• Humanoid robots work in Amazon's warehouses.

• Inflection's Pi chatbot is now available on Android.

Read Time: 3-5 minutes

HEADLINE

The next “Titan“, OpenAI’s European rival Mistral AI valued at $2 billion.

Paris-based startup Mistral AI has secured a significant investment of €450 million, lifting its valuation to $2 billion. This funding round marks a significant event for the burgeoning European AI industry.

Mistral AI is a significant player in the global open source LLM field. It plays an important role in the current competition between open source and closed source large models.

What distinguishes Mistral in the realm of AI?

• Mistral's founding team comprises AI business assistant experts, including former researchers from Meta and DeepMind.

• Mistral AI's first-gen AI model training methods are not only more efficient but also cost at least half as much to implement compared to current methods.

• Mistral AI provides open-access to highly adaptable, easy-to-tune open-source models.

• High entry barriers, like complex tech needs and vast investment demands, have made the AI assistant industry mostly a US oligopoly, discouraging newcomers. However, Mistral is opening the path for new AI participants.

Mistral aims to create an AI business assistant superior to GPT-4 by 2024, similar to LLaVA. Leading a funding round in Mistral AI were Andreessen Horowitz, Nvidia Corp, and Salesforce, showcasing faith in the startup. The increasing investments in European AI startups demonstrate the region's promising potential in the continually evolving AI industry.

SPONSOR

Auto Insurance: Overpriced!

Just because you have to renew your auto insurance every 6 months does not mean you have to overpay!

The sad truth: 50% of U.S. drivers overpay for their auto insurance.

There are 3 SIMPLE steps to solve the problem:

Step 1) Visit our page on this

Step 2) Enter your Zip Code, fill out a 1-page form

Step 3) Review Your Lowest Auto Insurance Rates – It Only Takes a Minute

You will really enjoy the benefits of this simple process; you no longer have to be in the 50% that overpays!

SECRET TRENDING

Secret Trending AI Tools of the Day

POLL

SECRET NEWS

Google Accused of Deceptive Gemini Video.

Google has been accused of misrepresentation over its demonstration video for its new AI model, Gemini. Critics claim the video, intended to showcase Gemini's impressive real-time capabilities, was not a genuine live demonstration. Instead, they allege it used pre-selected and pre-processed inputs, misleading viewers about the system's true abilities. In response, Google said the video was an "illustrative depiction" of Gemini's capabilities, intended to demonstrate its potential, rather than deceive. The controversy highlights the fine balance the industry needs to strike between showcasing advanced AI systems and providing trustworthy and transparent information about these technologies.

SECRET NEWS

Humanoid robots work in Amazon's warehouses.

Amazon is experimenting with humanoid robots in its warehouses. Agility Robotics' bipedal robot, Digit, can adapt to warehouse infrastructure and lift various objects, making it useful for tasks typically performed by humans. However, some experts, including Boston Dynamics' CTO, argue that the human form isn't necessarily the most efficient for such tasks. While robots like Digit may have certain advantages, others, like Boston Dynamics' Stretch, offer mobility and flexibility despite not being humanoid. For now, Digit is mainly focusing on moving packages, but the company has greater ambitions for it, including unloading trailers and last-mile delivery services.

SECRET NEWS

Inflection's Pi chatbot is now available on Android.

Palo Alto-based startup Inflection AI, co-founded by Reid Hoffman of LinkedIn and DeepMind's Mustafa Suleyman, has launched its AI chatbot 'Pi' as a dedicated Android app. Aiming to compete with OpenAI's ChatGPT and new AI assistants on the market, Pi is predicted to reach billions of users. It offers features like voice interaction and diverse topics of conversation. Launched on the Inflection-1 language model, an upgrade to Inflection-2 is planned to improve factual knowledge and reasoning. Inflection AI's goal for Pi is to offer users an empathetic and useful companion that is more personal than other chatbots.

SECRET FEATURED

AI Secret highlights its recommended tools in the following list.

Today's Newsletter is composed with the collaboration of FlotAI Copilot.

It's FREE to try Flot.ai and Start a Free Trial with the PRO+ plan at no cost.