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AI Boom: Latam-GPT Debuts, Uber Eats & Modal Labs Surge

AI developments and shifts are rapidly reshaping the tech landscape, with new models emerging, companies restructuring, and innovative applications launching. Recent developments include the unveiling of a Latin American AI model, a potential funding round for an AI inference startup, OpenAI's disbanding of its mission alignment team, Uber Eats' launch of an AI-powered grocery shopping assistant, and the evolving landscape of enterprise AI ownership.

Chile presented Latam-GPT, a new artificial intelligence model designed to train applications with Latin American data, according to Euronews. The project, spearheaded by Chile's National Centre for Artificial Intelligence (Cenia), aims to reduce bias and provide a more accurate representation of the region in a sector dominated by US developments.

Meanwhile, Modal Labs, an AI inference infrastructure startup, is reportedly in talks to raise a new funding round at a valuation of approximately $2.5 billion, as reported by TechCrunch. This valuation would more than double the company's previous valuation of $1.1 billion announced less than five months prior. General Catalyst is reportedly in talks to lead the round, and sources indicated Modal's annualized revenue run rate is around $50 million. However, Modal Labs co-founder and CEO Erik Bernhardsson denied that his company was actively fundraising.

OpenAI, a prominent player in the AI field, disbanded its mission alignment team, according to TechCrunch. The team, formed in September 2024, was dedicated to promoting the company's mission to ensure artificial general intelligence benefits all of humanity. The team's former leader has been given a new role as the company's chief futurist. An OpenAI spokesperson described the team as a "support function to help employees and the public understand our mission and the impact of AI."

Uber Eats launched a new AI feature called Cart Assistant, designed to help customers create grocery carts faster and easier, as reported by TechCrunch. The beta version is now available in the app. Users can enter a list or upload an image of one, and the AI will automatically add the necessary items to their basket, including photos of handwritten lists or screenshots of recipes.

The ownership of the AI layer within companies is also evolving. Glean, an enterprise search product that has evolved into an AI work assistant, aims to connect to internal systems, manage permissions, and deliver intelligence wherever employees work, according to TechCrunch. Glean's CEO, Arvind Jain, discussed the changing landscape of enterprise AI architecture at Web Summit Qatar. Investors are buying into the vision, with the startup raising $150 million last year at a $7.2 billion valuation.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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