Google ranks as our featured story section with the launch of the Gemini LLM and the new AI Studio. Mistral and Microsoft were other big newsmakers with the introduction of small LLMs this past week. And there is a lot on the new product and funding front, the EU AI Act, an OpenAI and news media tie-up, and a lot more.

Generative AI News Featured Stories of the Week 🔦

Google's Gemini LLM Arrives Next Week and It May Just Outperform GPT-4 (sort of)
Google Gemini Looks Amazing in Video Demos, But Marketing Makes Another Unforced Error
Google Launches AI Studio for Easy Access to Gemini Generative AI Model

Generative AI Funding Fountain 💰⛲️

Mistral Has $415M in New Funding, a Big Valuation, and a New LLM to Challenge GPT-4
SoundHound AI Acquires Restaurant Voice AI Startup SYNQ3
Speech AI Startup AssemblyAI Raises $50M
Indian Generative AI Startup Sarvam AI Raises $41M
Business Generative AI Startup Kognitos Raises $20M
Generative AI Tutoring Startup Kyron Learning Raises $14.6M
Generative AI Video Startup HeyGen Raises $5.6M

Generative AI Product Garden 🪴

Microsoft's New Phi-2 Small LLM Shows Strong Benchmark Performance
Elon Musk Releases Generative AI Chatbot Grok on X
Snapchat Adds Generative AI Images to Snapchat+ Subscription Service
Meta Expands Generative AI Features to Social Media and Teases Invisible Watermarking
Getty Images and Runway Team Up to Build Generative AI Video Model for Businesses That Won’t Spark Lawsuits

Generative AI in the World 🌏

Google Cloud Will Serve Generative AI to McDonald’s Restaurants
Mastercard Unveils Generative AI Retail Tool Shopping Muse
The EU AI Act is Approved but It's Not Done Yet - A Breakdown of Some Interesting Details
OpenAI Strikes ChatGPT Content Deal with Axel Springer, Publisher of Politico, Insider, and BILD

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