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This week in AI: Mistral and the EU's fight for AI sovereignty | TechCrunch

Dec 09, 2023 - techcrunch.com
Google's new AI model, Gemini, has been met with criticism, particularly the "lite" version, Gemini Pro, which was released this week. Meanwhile, Mistral AI, co-founded by Google DeepMind and Meta alumni, has raised €450M at a $2 billion valuation. Despite concerns about the lack of diversity among its founders, investors view Mistral as a significant player in the generative AI field. The company is also seen as part of Europe's attempt to establish its presence in the AI sector, amidst concerns about potential EU regulations.

In other news, Meta and IBM have announced a new AI alliance, OpenAI is expanding its operations in India, and Google has launched an AI-assisted note-taking app. OpenAI is also under regulatory scrutiny in the UK over its relationship with Microsoft. Meanwhile, MIT spinoff Liquid AI has raised $37.5 million in a seed round for its liquid neural network model. Lastly, researchers are using machine learning to identify ocean-borne plastic and track rare insects, while also highlighting the biases in AI-generated imagery.

Key takeaways:

  • Google announced its new flagship multimodal AI model, Gemini, but the "lite" version released this week has not lived up to expectations.
  • Mistral AI, co-founded by Google DeepMind and Meta alumni, raised €450M at a $2 billion valuation, despite not having launched a product yet. The company is seen as Europe's opportunity to establish itself in the generative AI field.
  • EU lawmakers are attempting to impose regulations on AI systems to limit their risk, with lobbyists, led by Mistral, pushing for a total regulatory carve-out for generative AI models.
  • Other AI news includes Meta and IBM launching the AI Alliance, OpenAI working with former Twitter India head Rishi Jaitly to facilitate talks with the Indian government about AI policy, and Google launching its AI note-taking app, NotebookLM.
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