Alibaba Open Sources 100+ AI Models

This week in AI, Alibaba released 100+ open source models, AI startups raised $667M in funding, and more.

18 days ago   •   2 min read

By Peter Foy
In Today’s Newsletter

This week, we have some key updates on AI's latest developments, including Alibaba's new models, AI agents for data analysis, and more.

This week in AI 🗞️

  • Alibaba releases new open-source AI models
  • FTC Report on AI and Social Media Data Practices
  • UN Report on AI Development Dominance
  • AI Innovations at Salesforce and HubSpot Conferences
Alibaba's New AI Models

Alibaba has released new open-source AI models under its Qwen 2.5 family, intensifying its competitive stance in generative AI. These models range from 0.5 to 72 billion parameters and are capable of tasks like mathematics, coding, and support for 29 languages. Alibaba is positioning itself to compete directly with global players like OpenAI in the text-to-video technology space.

Read more on Reuters
FTC Report on AI and Social Media Data Practices

The U.S. FTC critically evaluates how social media companies handle user data with concerns for AI systems. Companies like Meta, TikTok, and Twitch received scrutiny for inadequate data management policies.

Full report on Reuters
UN Report on AI Development Dominance

A UN report highlights how AI tech development is dominated by Big Tech, disadvantaging startups and developing countries due to disparities in resources.

Details on Fortune
AI Innovations at Salesforce and HubSpot Conferences

Major AI innovations were discussed at Salesforce's Dreamforce and HubSpot's Inbound conferences, emphasizing the role of AI agents in transforming industry standards. 

More on MarTech

From the blog ✍️

AI Agents for Customer Segmentation Analysis

In this article, we'll use our AI data analyst agent to analyze and segment customers based on key demographic and behavioral variables to improve marketing strategies and customer engagement.

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Predicting Customer Churn with AI Agents

In this article, we'll use our AI data analyst to analyze and predict customer churn.

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AI funding rounds to watch 🚀

This past week, we tracked 23 AI startups that raised $667M, here are a few interesting companies to watch.

XP Health raised a $33.20M Series B round

XP Health uses augmented reality, customer-centric design, and care navigation to offer a virtual-first vision care platform. It provides online tools for vision exams and eyewear prescriptions while reducing costs for employees and expanding coverage.
Spare raised a $42M Series B round

Spare is a mobility management software company that enhances public transit services through on-demand and shared transportation solutions, integrating various modes of transport for more efficient and accessible mobility.
Strider Technologies raised a $55M Series C round

Strider Technologies leverages AI to transform publicly available data into actionable insights, helping organizations safeguard intellectual property, mitigate risks, and secure innovation from state-sponsored IP theft.
Glean raised a $260M Series E round

Glean develops an AI-based enterprise search engine that connects internal data across companies, enabling employees to find information quickly and generate insights through an AI assistant platform.

Discover more recently funded AI startups 👇


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