Recently, a research team jointly launched an open-source AI image generation model named Meissonic. Surprisingly, this model uses only one billion parameters while being able to generate high-quality images. This compact design gives Meissonic the potential to enable localized text-to-image applications on mobile devices. The technology behind this model involves a research team that includes Alibaba, Skywork AI, and researchers from various universities. They employed a unique transformer architecture and innovative training methods, which allow

Enterprise AI leader Glean raised over $260 million in its latest Series E financing round, with the company's valuation reaching $4.6 billion, doubling from $2.2 billion six months ago. This round was co-led by Altimeter and DST Global, with participation from several investment firms including Craft Ventures, Sapphire Ventures, and SoftBank Vision Fund 2. Along with the financing, Glean launched Work AI.