Meta bets big on AI with custom chips — and a supercomputer

May 18, 2023

At a virtual event this morning, Meta lifted the curtains on its efforts to develop in-house infrastructure for AI workloads, including generative AI like the type that underpins its recently launched ad design and creation tools. It was an attempt at a projection of strength from Meta, which historically has been slow to adopt AI-friendly […]

Meta bets big on AI with custom chips — and a supercomputer by Kyle Wiggers originally published on TechCrunch

Meta built a code-generating AI model similar to Copilot

May 18, 2023

Meta says it’s created a generative AI tool for coding similar to GitHub’s Copilot. The company made the announcement at an event focused on its AI infrastructure efforts, including custom chips Meta’s building to accelerate the training of generative AI models. The coding tool, called CodeCompose, isn’t available publicly — at least not yet. But […]

Meta built a code-generating AI model similar to Copilot by Kyle Wiggers originally published on TechCrunch

With government backing, Ireland’s Elkstone closes first VC fund at $108M for early-stage startups

May 18, 2023

Yet another early-stage VC fund has closed in Europe this week, as Elkstone finalized a €100 million ($108 million) pot aimed at Irish startups. It comes a day after Lifeline Ventures closed a €150 million ($163 million) fund for fledgling startups in Finland, while several others have landed across the continent in the past few […]

With government backing, Ireland’s Elkstone closes first VC fund at $108M for early-stage startups by Paul Sawers originally published on TechCrunch