Beyond OpenAI: The rise of not-too-large language models

August 23, 2024: AI Evolution: Rise of Custom Language Models - The AI landscape is shifting towards smaller, application-specific language models (VLMs). Major players like Nvidia, Microsoft, and OpenAI are releasing refined, targeted models catering to enterprise needs for privacy and efficiency. China is using cloud services to bypass export controls for advanced GPUs. Significant acquisitions and funding rounds highlight the growing focus on AI infrastructure, with companies such as AMD, Grafana Labs, and Redis announcing major developments. Meanwhile, earnings were mostly positive, despite a few setbacks like Snowflakes revenue outlook. SiliconANGLE and theCUBE will cover upcoming tech events and earnings reports.