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AI Innovations: Microsoft's Muse, Qualcomm's Edge Impulse Acquisition, and Celestial AI's Breakthrough
Are AI-generated video games really on the horizon?
Image Source: Guardian
• Microsoft has introduced a generative AI model called Muse, designed to accelerate game development by allowing designers to experiment with AI-generated gameplay videos.
• Muse is trained on gameplay data from Ninja Theory's game Bleeding Edge, enabling it to create realistic mock gameplay clips that can be edited and adapted by users.
Qualcomm acquires AI platform Edge Impulse to boost Dragonwing chips
Image Source: TheNextWeb
• Qualcomm has acquired Edge Impulse, an AI platform for developers, to enhance its machine learning software capabilities, particularly for its Dragonwing line of AI-powered chips.
• The acquisition is aimed at strengthening Qualcomm's position in AI and advancing critical sectors such as retail, security, energy, utilities, supply chain management, and asset management.
Fidelity Backs Chip Startup Celestial AI at $2.5 Billion Value
Image Source: Bloomberg
• Celestial AI, a startup focused on using light for faster data transfer in servers, secured $250 million in funding to compete in reducing AI computing power needs.
• The startup's innovation aims to revolutionize data transfer efficiency within servers, particularly targeting the demand for lower AI computing power in the industry.
Startups Starting to Compete With Big Tech for India AI Talent
Image Source: Bloomberg
• Motive Technologies Inc. is planning to significantly increase its India headcount, reflecting the growing trend of AI unicorns from Silicon Valley expanding in India.
• The competition for AI talent in India is intensifying, with startups now actively competing with big tech companies for skilled professionals.
'Arms Race' for AI-Driven Oil Trading Is Underway, Vitol Says
Image Source: Bloomberg
• Vitol Group CEO Russell Hardy states that an 'arms race' for AI-driven oil trading is underway, highlighting the increasing adoption of AI in the oil futures markets.
• The article discusses how the expansion of AI capabilities is expected to enhance algorithmic trading within the oil trading sector.