Foundational Models AI News & Updates

RLWRLD Secures $14.8M to Develop Foundational AI Model for Advanced Robotics

South Korean startup RLWRLD has raised $14.8 million in seed funding to develop a foundational AI model specifically for robotics by combining large language models with traditional robotics software. The company aims to enable robots to perform precise tasks, handle delicate materials, and adapt to changing conditions with enhanced capabilities for agile movements and logical reasoning. RLWRLD has attracted strategic investors from major corporations and plans to demonstrate humanoid-based autonomous actions later this year.

Amazon Deploys AI Across All Operations, Dismisses Open Source Compute Efficiency

Amazon's VP of Artificial General Intelligence, Vishal Sharma, stated that AI is pervasive across all Amazon operations, from AWS cloud services to warehouse robotics and consumer products like Alexa. He emphasized Amazon's need for diverse AI models suited to specific applications, dismissed the notion that open source models might reduce compute demands, and predicted that computing resources will remain a crucial competitive factor for the foreseeable future.