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Lore #67: Meta's Bold Move into Open Source AI

Good morning.

This week, Mark Zuckerberg made a bold and unexpected announcement. Meta is building AGI. And it will be open source.

I’m skeptical of how much they will open source, as this could bring further regulatory scrutiny to the company. But it’s exciting to see more significant players double down on AI and even openly state that AGI is the goal.

If they do open-source most of what they develop, it will accelerate the development of AGI by allowing brilliant minds from around the world to get involved. Not just OpenAI and Microsoft. Which is ultimately a great thing for humanity not to have one company at the center of all of AI.

Exciting times are ahead, with several players catching up to GPT-4 and GPT-5 on the way.

Lore - Venture Capital
  • Plural raised €400M to back “deep tech” start-ups that take on more complex problems, including nuclear fusion and precision medicine (Link)

  • Silverfort raised $116M to deliver a unified layer of identity security across enterprise resources (Link)

  • Voice cloning startup ElevenLabs raised $80M, achieves unicorn status (Link)

  • Myrealtrip raised $56M for its Korean travel app (Link)

  • Forta raised $55M to develop AI-assisted therapy to end waiting lists (Link)

  • AiDash raised $50M for tech using AI and satellites to spot wildfire risk (Link)

  • Bluewhite raised $39M for robots-as-a-service farm equipment (Link)

  • Oleria raised $33M to supercharge autonomous identity security (Link)

  • Vicarius raised $30M for its AI-powered vulnerability detection tools (Link)

  • Qdrant raises $28M to advance massive-scale AI applications (Link)

  • CloudTalk raised $28M for AI-powered communication (Link)

  • Vertice raised $25M for AI-based tools to help companies tackle software spend (Link)

  • TravelPerk raised $104M to boost automation and AI capabilities (Link)

  • Norm AI raised $11.1M for regulatory compliance with AI agents (Link)

  • Sano Genetics raised $11M to bring AI to medical trials (Link)

  • farm-ng raised $10M to scale Amiga robot and AI for small to midsize farms (Link)

  • Briq raised $8M at a $150M valuation to automate finances in construction (Link)

  • Sky Engine raised $7M for its synthetic data cloud platform (Link)

  • Artisse raised $6.7M for its ‘more realistic’ AI photography app (Link)

  • Masa Network raised $5.4M to build the "decentralized Google" for the world’s personal data (Link)

  • RagaAI raised $4.7M to show AI the error of its ways (Link)

  • Spotr raised €4.5M to build the world’s largest image-driven property database (Link)

  • OctaiPipe raised £3.5M for its edge AI platform (Link)

  • Runnr raised €1M for its conversational guest engagement platform for hotels (Link)

Coming up:

  • Cohere in talks to raise as much as $1bn as AI arms race heats up (Link)

AI Video Agency - Lore Labs

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Embark on a journey of limitless possibilities with Lore Labs. Join our waitlist and transform your vision into reality with the next generation of AI video.

News - Lore

Meta CEO Mark Zuckerberg announced in an Instagram reel the development of open-source artificial general intelligence (AGI) by combining two of Meta's AI research teams, FAIR and GenAI, aiming to advance various AI capabilities and make this technology widely available for public benefit.

OpenAI has announced its first partnership with a higher education institution, Arizona State University (ASU). The collaboration aims to integrate AI in various university activities like coursework, tutoring, and research. ASU plans to create a personalized AI tutor for students, especially in challenging STEM subjects, and develop AI avatars for creative studying aids. The university's prompt engineering course, now unrestricted by usage caps, has grown in popularity. OpenAI and ASU have assured that student privacy and intellectual property will be protected, with OpenAI not using ASU's data for training its models.

Separately, it was also reported this week that OpenAI CEO Sam Altman is seeking to raise billions from global investors to create a network of semiconductor factories (fabs) to address potential chip shortages. (Link)

image credit: Sky News

A fake AI-generated robocall impersonating President Joe Biden falsely advised New Hampshire voters to skip the primary election, claiming it would affect their ability to vote in November. The state's attorney general is investigating this as an illegal attempt to disrupt voting. This incident highlights concerns about the misuse of AI technology in election interference and the broader challenges it poses to democracy and information integrity.

Abu Dhabi's ruler, HH Sheikh Mohamed, announced the formation of the Artificial Intelligence and Advanced Technology Council (AIATC) in the UAE.

The AIATC aims to develop strategies and collaborate globally to position Abu Dhabi as a hub for technology investments and talent, aligning with the UAE's vision to foster a post-hydrocarbon economy. This marks a significant step in integrating AI into various sectors, as evidenced by the launch of the Dubai.AI platform by Digital Dubai.

Other news

  • Altman Seeks to Raise Billions for Network of AI Chip Factories (Link)

  • OpenAI Bans Custom GPT Dean .bot for Violating Political Generative AI Chatbot Rules (Link)

  • Rabbit’s R1 partners with Perplexity AI to give latest data (Link)

  • Nvidia's rivals are circling, but they're still years from catching up (Link)

Coolest Things - Lore

This Davos talk was translated seamlessly into English with HeyGen and ElevenLabs

Movies, ads, and all kinds of content with AI video

Runway’s new multi motion brush

And an AI murder mystery! 🔪

AI Tools - Lore
  • Genmo: Text to video generator (Link)

  • Qlip: Extract viral clips from long videos (Link)

  • Flowpoint: Web analytics to optimize conversions and enhance ROI with data-driven recommendations (Link)

  • Tapilo: Leverage AI to grow on LinkedIn — get more reach, engagement and followers (Link)

Find more tools at FutureTools.io.

AI Further Study - Lore
  • Stability AI released Stable Code 3B for enhanced coding assistance (Link)

  • Self-Rewarding Language Models (Link)

  • Vision Mamba: Efficient Visual Representation Learning with Bidirectional State Space Model (Link)

  • Depth Anything: Unleashing the Power of Large-Scale Unlabeled Data (Link)

  • Medusa: Simple LLM Inference Acceleration Framework with Multiple Decoding Heads (Link)

That's it!

See you next week!

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