Elon Musk sues OpenAI

Today’s Highlights:

📰 News: Elon Musk sues OpenAI + Anthropic launches Claude 3 family of AI models

💰 Funding: Baseten raises a $40M Series B to help biz run large models in production

⚡️ Top News Stories:

1. Anthropic introduces the Claude 3 family of AI models, claiming performance on par with or better than Google's and OpenAI's leading models.

• Claude 3 models are multimodal, understanding both text and photo inputs.

• The models are designed to answer more questions, comprehend longer instructions, and provide more accurate responses.

• The family includes Claude 3 Haiku, Claude 3 Sonnet, and Claude 3 Opus, with Opus being the largest and most intelligent model.

• Claude 3 Opus and Sonnet are now accessible on claude.ai and its API, with Haiku set to be released soon.

• The new models are less likely to refuse answering prompts, addressing previous versions' lack of contextual understanding.

• Claude 3 Haiku is touted as the fastest and most cost-effective model, capable of parsing dense material like research papers in under three seconds.

• Claude 3 Opus outperformed most models in benchmark tests, showing superior graduate-level reasoning and better performance in math questions and coding.

• These models were trained using a mix of nonpublic internal, third-party datasets, and publicly available data as of August 2023.

• Claude 3 will be available on AWS's model library Bedrock and Google's Vertex AI, with both Amazon and Google investing in Anthropic.

2. Elon Musk is suing OpenAI and CEO Sam Altman, alleging the company has strayed from its original nonprofit mission to develop AI for humanity's benefit.

• Musk claims OpenAI's partnership with Microsoft has turned it into a closed-source subsidiary focused on profit, violating founding agreements.

• The lawsuit alleges breach of a "Founding Agreement" that, according to the complaint, is not formally documented but implied through emails and OpenAI's Articles of Incorporation, and breaches the initial nonprofit and open-source commitment.

• Musk's lawsuit aims to compel OpenAI to return to its founding mission

• Legal experts critique the lawsuit's foundation, pointing out the lack of a concrete contract and questioning the validity of the breach of contract claim.

• The lawsuit references OpenAI's Articles of Incorporation and an email exchange between Altman and Musk as the basis for the "Founding Agreement," which experts argue does not constitute a formal contract.

• The Chief Strategy Officer Jason Kwon and CEO Sam Altman have addressed staff in memos, emphasizing OpenAI's adherence to its mission and legal compliance amidst government inquiries, while specifically countering Musk's allegations about GPT-4 representing AGI, OpenAI abandoning its mission, and acting as a Microsoft subsidiary.

3. Stack Overflow and Google Cloud announce a strategic partnership to enhance developer resources with AI-powered capabilities, integrating Gemini for Google Cloud with Stack Overflow

4. A security team discovered at least 100 instances of malicious AI/ML models on the Hugging Face platform, capable of executing code on users' machines for potential backdoor access.

5. India has issued an advisory requiring "significant" tech firms to obtain government approval before launching new AI models, marking a shift from its previous hands-off approach to AI regulation.

6. ByteDance accelerates its GenAI initiatives to rival OpenAI, focusing on talent acquisition and advanced AI product development.

7. Wix introduces an AI chatbot that can build websites based on user prompts, streamlining the website creation process to just a few seconds.

8. BBC Panorama uncovers AI deepfakes targeting Black voters to falsely show support for Trump, sparking concerns over AI misuse in politics.

10. Pi, the AI chatbot from Inflection, is now available directly in Apple iMessage.

💰 Top Funding News:

1.  Baseten, a platform that simplifies the deployment and management of ML workloads to make it easier for businesses to run large models in production, raised a $40M Series B led by IVP and Spark.

2. Aktiia, the Swiss HealthTech company that created the world's first wrist-worn 24/7 optical blood pressure monitoring device w/ AI, raised a $30M round, led by Redalpine w/ Khosla Ventures, Molten, Translink Capital, Verve, and 415 Capital.

3. TravelJoy, which offers a suite of AI tools for travel entrepreneurs and business operators, raised a $10M Series A, led by Theresia Gouw of Acrew Capital, w/ NFX, Founder Collective, Forerunner, and Concrete Rose.

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