🛠 AI tools to checkout

B12 - B12 is an all-in-one AI website builder designed for professional service providers. It offers a comprehensive suite of tools to attract, win, and serve clients online, streamlining business operations and delivering a world-class online experience.

H2O.ai - H2O.ai is an open-source software for data analysis, enabling users to fit thousands of potential models for data pattern discovery. It offers a no-code GUI for fine-tuning large language models and a cloud platform that allows anyone to create AI models and applications in minutes.

DataRobot - DataRobot is a cloud-based AI platform that enables users of all skill levels to build and deploy machine learning models. It aims to democratize predictive analytics by significantly reducing the time and resources required to create accurate models.

KNIME - KNIME is a free, open-source data analytics, reporting, and integration platform. It offers a modular data pipelining concept for integrating various components for machine learning and data mining, providing a comprehensive platform for end-to-end data science.

RapidMiner - RapidMiner is a data science software platform that provides an integrated environment for data preparation, machine learning, deep learning, text mining, and predictive analytics. It supports all steps of the machine learning process, making data analytics simple and scalable for all users.

We have added a lot of interesting tools on aitools.fyi this week, check it out at https://aitools.fyi/recently-added

📰 Top AI News

Chinese Tech Giant Baidu's $145M AI Venture Fund: A Prelude to a Larger AI Revolution? 

Baidu, the Chinese search titan, has recently unveiled a $145 million venture fund aimed at AI-centric startups, marking a significant stride in China's AI push. However, this could be more than just a funding announcement. It might be the tip of the iceberg, hinting at China's grander, covert ambitions in the AI landscape. The fund, coupled with a competition for developers leveraging Baidu's ERNIE large language model, suggests a strategic move to foster a robust AI ecosystem.

As China continues to make such calculated moves, one can't help but wonder if this is part of a larger, yet-to-be-revealed plan to dominate the global AI scene.🙄🙄

Apple's Stealthy AI Strategy: Unveiled at WWDC, But Not by Name 

At Apple's WWDC 2023, AI was everywhere but never explicitly mentioned. Instead, Apple chose to focus on "machine learning" and "ML", subtly integrating AI into its new products. From the iOS 17 demo showcasing improvements to autocorrect and dictation powered by on-device machine learning, to the new transformer language model, Apple's strategy seems to be about embedding AI seamlessly into the user experience. This stealthy approach to AI, avoiding the hype and focusing on practical applications, could be a game-changer in the tech industry.

UAE's Falcon 40B AI Model: A Royalty-Free Revolution in AI Accessibility 

The Technology Innovation Institute’s (TII) Falcon 40B, UAE's leading large-scale open-source AI model, is now royalty-free for commercial and research use. This move is in response to the global demand for inclusive access to AI and is expected to foster innovation and research in the field. The Falcon 40B, which outperforms competitors such as Meta’s LLaMA and Stability AI’s StableLM, is now accessible under the permissive Apache 2.0 software license, promoting transparency, inclusivity, and accelerated progress in AI across various industries and sectors.

💰 AI Funding Rounds

Global Venture Funding Leveled In May 2023 Despite Big AI Raises - AI companies like Anthropic, Builder.ai, CoreWeave, and Lightmatter raised significant funding rounds in May 2023, despite a general leveling off in global venture funding.

Certn Raises $50 Million USD to Change the Future of Background Checks - Certn, a leader in AI background screening solutions, has secured USD $50 million in Series B funding, led by B Capital, to advance its mission of building trust in people and invest in new markets worldwide.

'Not just a fad’: Firm launches fund designed to capitalize on A.I. boom - Roundhill Investments launched the Generative AI & Technology ETF (CHAT), the first-ever exchange-traded fund designed to track companies involved in generative AI and other related technologies, betting on the continued growth of the AI sector.

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