May 3, 2024

AI

Turn Llama 3 into an Embedding Model with LLM2Vec

RAG with Llama 3 for the generation and the retrieval Benjamin Marie · Follow Published in Towards Data Science · 7 min read · 7 hours ago — Generated with DALL-E The embedding model is a critical component of retrieval-augmented generation (RAG) for large language models (LLMs). They encode the knowledge base and the query written by the user. Using an embedding model trained or fine-tuned for the same domain as the LLM can…

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Start-ups

Musk raises $6B for AI startup. Also, is TikTok dodging Apple’s commissions? | TechCrunch

Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Musk’s 10-month-old baby, xAI, is closing in on a whoppin’ $6 billion funding round. The social network X, née Twitter — also part of Elon’s tech family — is already a shareholder. The deal was initially supposed to raise just $3 billion, but then everybody wanted

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A comprehensive list of 2024 tech layoffs | TechCrunch

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized startups have also seen a fair amount of cuts, and in some cases, have shut down operations altogether. By tracking

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IEEE’s Honor Society Expands to More Countries

3 min read 2023 IEEE-HKN president Sampathkumar Veeraraghavan was on hand to induct theNu Zeta chapter at Escuela Superior Politécnica del Litoral, in Guayaquil, Ecuador. IEEE-Eta Kappa Nu The IEEE–Eta Kappa Nu honor society for engineers celebrates its 120th anniversary this year. Founded in October 1904, IEEE-HKN recognizes academic experience as well as excellence in scholarship, leadership, and service. Inductees are chosen based on their technical, scientific, and leadership achievements. There are now more than

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Hardware

Annoying Windows 11 pop-up pushing Bing on Chrome users is apparently doing the rounds again

Windows 11 and Windows 10 users are again under fire from a Microsoft pop-up which is rather intrusive, flashing up on the desktop to advertise Bing AI for those using Google’s Chrome browser. 2 This frustrating pop-up is affecting Windows 10 as well as Microsoft’s newest OS (Image Credit: Microsoft) VIEW GALLERY – 2 IMAGES Windows Latest notes it initially spotted the pop-up, which urges Chrome users to use ChatGPT-4 powered Bing – and to

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Despite recent successes, IPO market still won’t fully open until 2025 | TechCrunch

This year already proved that startups are willing to go public in a less-than-ideal market — and get rewarded for it, too. But bankers, lawyers and investors said the recent IPO successes aren’t enough to foster more than a dozen tech IPOs this year. “I don’t think we will have the floodgates open like I might have thought,” Greg Martin, co-founder and managing director at Rainmaker Securities, told TechCrunch. “The trickle was delayed; I thought

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Hardware

New iOS 18 leak hints at more iPhone AI capabilities including upgraded Siri and Spotlight

If you’re an iPhone owner who has been keeping up with the iOS 18 rumors you’ll already know that there are some new features coming later this year. The iOS 18 software update is expected to bring plenty of AI smarts to the iPhone, and a new leak has detailed some of the beneficiaries of those improvements. According to AppleInsider Apple intends to bring its AI capabilities to bear on a few different aspects of

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EQT snaps up API and identity management software company WSO2 for more than $600M | TechCrunch

WSO2, a company that provides API management and identity and access management (IAM) services for enterprises, has been acquired by Swedish investment giant EQT. Terms of the deal were not disclosed, but TechCrunch has learned via sources that the deal values WSO2 at “more than” $600 million, with EQT attaining a “significant majority” stake for the price. WSO2’s products include an open source API manager, comparable to something like Google’s Apigee, which businesses use for

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Hardware

Here’s what Apple definitely won’t announce at its May 7 iPad event

Apple is getting ready to announce a ton of new devices and accessories at an event on May 7, meaning we’re just days away from some new Apple gear. But while there are plenty of new things for us to look forward to, there are some things that definitely won’t be announced. Instead, they’ll come later in the year, and there’s plenty to get excited about. Bloomberg’s Mark Gurman has outlined a number of new

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