AI Update: Claude 3 Challenges ChatGPT; Mistral and Microsoft Partner Up

AI Update: Claude 3 Challenges ChatGPT; Mistral and Microsoft Partner Up

Artificial Intelligence — Fri., Mar. 8, 2024

Two major announcements from major AI players show the AI industry gaining momentum. Anthropic's Claude 3, backed by Google and Amazon, competes with ChatGPT and OpenAI's GPT-4.

Claude 3 aims to set a new standard with enhanced analysis and forecasting capabilities as well as multimodal expertise for text and image analysis. Anthropic plans to secure up to $5 billion in funding to stay competitive.

Microsoft partners with French startup Mistral to expand its presence in the AI industry beyond its alliance with OpenAI. The partnership will support the deployment of Mistral's AI models globally and emphasize the potential for international partnerships in the future.

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