AI Pulse News Roundup (December 2024 Edition)

Midjourney has introduced ‘Moodboards,’ a feature that enables users to upload curated image collections to inspire new AI-generated art. This addition allows for the creation of multiple personalization profiles, facilitating seamless organization and deployment of diverse styles. Source: VentureBeat


Google has enhanced its Gemini Code Assist tools by integrating the Gemini 2.0 language model and expanding connections to external code repositories and cloud-based databases. These improvements aim to boost developer productivity within integrated development environments (IDEs). Source: TechZine


The United Arab Emirates’ Technology Innovation Institute (TII) has launched Falcon 3, an open-source family of language models available in four sizes—1B, 3B, 7B, and 10B parameters. These models are designed to democratize access to advanced AI capabilities, offering high performance while being efficient enough to run on lightweight hardware, including laptops. Source: Zawya


Databricks has secured a $10 billion Series J funding round, elevating its valuation to $62 billion. The investment, led by Thrive Capital, Andreessen Horowitz, and Insight Partners, is intended to support the company’s AI product expansion, potential acquisitions, and international go-to-market operations. Source: YourStory