🖼️Midjourney's V6 Makes Dall-E 3 a second option at best

Happy Thursday!

Midjourney V6 is starting to look more human, maybe a little too good.

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In today's article:

• Midjourney Creates Hyper-Realistic Photos

• Shield AI Raises Capital At A $2.8 Billion Valuation

•  Intel Launches New Company To Rival NVIDIA

Read time: 2.5 minutes

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🚀 In Today’s News

Shield AI raises capital at a $2.8 billion valuation

Shield AI, a company specializing in AI and autonomous systems for defense applications, has significantly increased its market valuation to $2.8 billion following a new round of funding. This surge in valuation underscores the growing investor interest in defense-focused AI technologies. Shield AI's core product, Hivemind, an AI pilot capable of operating in GPS-denied environments, has been a major contributor to the company's success. The fresh infusion of capital is expected to bolster Shield AI's development of AI and machine learning technologies for military applications.

Intel launches in-house AI company

Intel has spun out its artificial intelligence software unit, Habana Labs, into a separate company, backed by a $1 billion investment led by DigitalBridge Group Inc. This strategic move is part of Intel's broader plan to focus on its core chip business while still capitalizing on the lucrative AI market. The new standalone entity, yet to be named, aims to enhance its AI products and compete more effectively in the rapidly growing AI hardware industry. The investment will fuel the development of AI chips designed to rival Nvidia Corp's.

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