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Vienna-based 3D AI platform Atlas emerges from stealth mode with $6 million in funding

Vienna-based 3D generative AI platform, Atlas, has secured $6 million in funding to improve AI models for the gaming industry. The platform aims to speed up the creation of virtual worlds and experiences for game developers and brands building video games and extended reality (XR) environments. The funding came from two rounds led by 6th Man Ventures and Collab+Currency, with participation from investors such as Square Enix, Nvidia, and Gaingels. Atlas plans to launch an alpha version of the platform later this year to enable smaller, medium, and indie game developers to use its technology and build their own worlds. The CEO, James, emphasized the importance of principles such as privacy, human agency, oversight, and inclusion in the gaming industry. He expressed optimism that Atlas would develop to include a wider range of AI-powered tools to simplify complex tasks like 3D modeling and coding.

French investment firm Serena launches new €100 million fund focused on blockchain, AI and quantum technologies

According to The Big Whale report, French investment company Serena has launched a new fund of 100 million euros, focusing on investments in the fields of blockchain, artificial intelligence, and quantum technology.

Decentralized AI computing platform Ritual completed US$25 million in financing, led by Archetype

Decentralized artificial intelligence computing platform Ritual has received a $25 million investment in a round led by Archetype, with participation from Accomplice and Robot Ventures. The cash injection will be used to build network infrastructure, expand the team to 15 people, and develop Ritual's ecosystem. The startup plans to launch its alpha platform early next year.

Musk’s AI model “Grok” has issued more than 400 tokens with the same name, with a total market value of tens of millions of dollars.

On-chain data, an anonymous developer released nearly 400 different GROK tokens over the weekend, with a total market value of millions of dollars. This allowed early investors to earn multiple times their initial token purchase, and these tokens seem to have been inspired by the AI chatbot service Grok from social application X.

Kaifu Li's AI company Zero One Wuxing launched its Chinese-English bilingual large model Yi and completed financing with a valuation of over US$1 billion.

According to reports, 01.AI, an AI company founded by Li Kaifu, Chairman and CEO of Innovation Works, has released its first open-source bilingual model, Yi. 01.AI has completed a new round of financing led by Aliyun. Currently, the valuation of 01.AI has exceeded US$1 billion, making it a unicorn company. On November 2, Yi quietly uploaded two basic models with parameter scales of 6B and 34B on the Hugging Face platform. As of November 5, Yi-34B has climbed to the top of the Hugging Face LLM Leaderboard (pretrained) and the C-Eval Chinese model list. Yi currently has a context window of around 200K and can process about 400,000 words of text, which is currently the longest context window among large models worldwide. At the same time, through the polishing of AIInfra, the training cost of Yi-34B has been reduced by 40%. Due to the low quality of Chinese language materials, the proportion of English and Chinese language materials in Yi's training data is currently higher than that of Chinese language materials. 

Musk: xAI will announce its first AI product tomorrow

On November 3rd, Musk announced on social media that xAI will release its first AI product to a specific group of users tomorrow. Musk said, "In some important ways, it is currently the best available."

Data analytics platform Dune launches DuneAI

On November 2nd, blockchain data analysis platform Dune announced the official launch of DuneAI, which can ask any language question to Dune's natural language engine and obtain insights into cryptocurrency data without the need for SQL.

Modulus Labs completes $6.3 million in seed round financing, with participation from Variant and 1Kx

Modulus Labs, a project aimed at introducing cryptographic security into artificial intelligence, completed a $6.3 million seed round of financing, with participation from Variant and 1Kx. The core concept of Modulus Labs is to use zero-knowledge proof to provide verification for AI systems, ensuring that AI queries remain unchanged and unaltered. This paves the way for AI to be integrated into a wider range of Web3 applications.
AI

OpenAI: A preparatory team is being formed to assess the risks posed by AI

OpenAI stated that they are building a new preparation team to evaluate, anticipate, and protect against the many risks that may arise from current large language models to general artificial intelligence (AGI) and other highly capable artificial intelligence. These risks include personalized persuasion, overall network security, and even some factors that threaten human survival.
AI

US Border Control Uses AI Tool to Scan Social Media for "Derogatory" Content

The U.S. Immigration and Customs Enforcement (ICE) agency is using an AI-powered tool called Giant Oak Search Technology (GOST) to scan social media posts for content deemed "derogatory" to the U.S. The use of AI in border control has raised concerns about privacy and ethical implications. GOST assists the agency by scrutinizing social media posts and determining their potential risk to the U.S. The public remains skeptical of AI, especially where personal privacy is concerned.