In this episode, we explore Anthropic's leadership expansion and advancements in AI technology. Nvidia's soaring profits highlight the ongoing AI boom, while DeepL secures $300 million to expand its AI-powered translation services. Plus, French AI unicorn H raises $220 million to develop 'action-oriented' AI, signaling the growing interest and investment in the AI sector.
Sources:
https://ffnews.com/newsarticle/fintech/jaja-finance-launches-gen-ai-chat-assistant-using-anthropics-claude-3-model-family-on-amazon-bedrock/
https://www.travelandtourworld.com/news/article/krishna-rao-shifts-from-airbnb-to-lead-as-cfo-at-google-and-amazon-supported-anthropic/
https://timesofindia.indiatimes.com/technology/tech-news/meet-krishna-rao-the-new-cfo-of-google-and-amazon-funded-anthropic/articleshow/110332178.cms
https://www.aljazeera.com/economy/2024/5/23/chk-nvidias-profits-soar-as-ai-boom-shows-no-sign-of-slowing-down
https://economictimes.indiatimes.com/markets/stocks/earnings/nvidias-profit-soars-underscoring-its-dominance-in-chips-for-artificial-intelligence/articleshow/110348000.cms
https://fortune.com/2024/05/22/nvidia-shares-jump-4-as-the-ai-boom-fuels-a-another-blockbuster-quarter-and-better-than-expected-forecast/
https://www.pymnts.com/artificial-intelligence-2/2024/deepl-raises-300-million-to-grow-ai-powered-translation-writing-platform/
https://techfundingnews.com/french-company-h-raises-220m-to-develop-action-oriented-ai/
Outline:
(00:00:00) Introduction
(00:00:37) Anthropic Strengthens Leadership and Expands AI Technology
(00:02:05) Nvidia's Soaring Profits Highlight Ongoing AI Boom
(00:03:45) DeepL Secures $300 Million to Expand AI-Powered Translation Services
(00:04:44) French AI Unicorn H Raises $220 Million to Develop 'Action-Oriented' AI
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