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  • 🤖🔥 Mistral’s $645M Pixtral 12B, Adobe Firefly AI Boosts Premiere Pro & HOMER’s LLM Expansion!

🤖🔥 Mistral’s $645M Pixtral 12B, Adobe Firefly AI Boosts Premiere Pro & HOMER’s LLM Expansion!

Author

Himanshu Maggu
September 12, 2024

Welcome back! This is The AI Takeover, read this daily so you don’t get left behind by AI! In todays newsletter:

- 🚨 🎬 Adobe Firefly: AI-Driven Enhancements for Premiere Pro
- 🚨 🚀 Mistral Launches Pixtral 12B: Multimodal AI Model with $645M Backing
- 🚨 📚 HOMER: Expanding Context Limits in Large Language Models

NEWS
🎬 Adobe Firefly: AI-Driven Enhancements for Premiere Pro

Adobe's Firefly Video Model introduces AI-powered enhancements to video editing in Premiere Pro. Set for a beta release later this year, it provides editors with improved workflows for exploring creative ideas, filling timeline gaps, and incorporating new elements into their footage. This new model aims to streamline the editing process and boost creative potential.

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NEWS
🚀 Mistral Launches Pixtral 12B: Multimodal AI Model with $645M Backing

French AI startup Mistral has released Pixtral 12B, a 12-billion-parameter multimodal model for processing images and text. Available on GitHub and Hugging Face with an Apache 2.0 license, it can be fine-tuned for various applications. This launch follows Mistral’s $645 million funding round, marking a significant step in Europe's AI sector.

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NEWS
📚 HOMER: Expanding Context Limits in Large Language Models

This paper presents Hierarchical cOntext MERging (HOMER), a novel method aimed at expanding the context limit of large language models without the need for extra training. HOMER enhances the ability of these models to handle longer contexts, improving their performance and efficiency in processing extensive information.

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