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    ALEXANDR WANG

    AI boom: 5 youngest billionaires who built their fortunes on Artificial Intelligence

    Surya Midha is just 22 and already holds a USD 2.2 billion stake in Mercor, the startup he launched in 2023 with his partners. Four engineers in their mid-20s started the AI code editor Cursor in 2022, and each is now worth USD 1.3 billion.

    Meta launches Muse Ember, its most efficient AI model to handle repetitive tasks; know what it can do and here's how it works

    Meta has said that Muse Ember is significantly cheaper than competitors like Haiku and Luna. Despite being designed as a lightweight execution model, Ember can process different types of information. Meta claims it supports text, images and audio. The objective is to make the AI agents faster and cheaper to operate.

    What is Meta’s Muse Spark Open and what can it do?

    An open-weight model is an AI model whose core components — the numerical parameters learned during its training, known as its weights — are released publicly. Anyone can download the model, run it on their computer, study how it works, and adapt it to their needs, subject to the model’s licence and usage terms.

    Meta says its new AI models on par with OpenAI, Anthropic

    Meta on Monday unveiled two new "frontier" artificial intelligence models called Wonder and Wonder Full, which the company claims perform at a level comparable to that of OpenAI's ChatGPT and Anthropic's Claude. In a blog post, Meta touted so-called benchmarking data from an independent firm called Artificial Analysis that appears to show that Meta's newest Wonder models outperform its own previous models, Spark, as well as various models developed by Anthropic, OpenAI and Google.

    Meet Alexandr Wang, MIT dropout who built Scale AI, caught Mark Zuckerberg's attention, became Meta's 29-year-old AI chief, turned Muse into an App Store hit

    Wang is currently 29-years-old and grew up in Los Alamos, New Mexico. He belongs to a family of physicists who worked at Los Alamos National Laboratory. He started programming as a teenager and joined the Massachusetts Institute of Technology in 2015. Notably, he left MIT after his freshman year at 19. In 2016, he co-founded Scale AI with Lucy Guo.

    Trump-Xi dinner: Elon Musk, Jeff Bezos, Sam Altman, Huang, Nadella among star-studded guest list

    Billionaires and leaders from the technology sector gathered at the White House for a state dinner. This event hosted Chinese President Xi Jinping and his wife, Peng Liyuan, with various US officials. The discussions included trade, artificial intelligence, and strategic issues between the two nations. Trump highlighted his friendship with Xi during the dinner and emphasized mutual cooperation.

    The Economic Times
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