AI dominates at Davos

Today’s Highlights:

📰 News: AI dominates discussions at the World Economic Forum Annual Meeting + new AI releases from Samsung, Stability AI, Amazon, and Google Deepmind

⚡️ Top News Stories:

1. AI dominates discussions at the World Economic Forum's Annual Meeting in Davos 2024, as World leaders and experts delve into AI's potential and challenges in shaping future economies and societies. Here are some highlights:

• The EU is exploring AI regulation, with a draft deal on AI rules agreed in December.

• Key sessions at Davos 2024 include discussions on generative AI, fintech, and the latest in AI research and development.

• Microsoft CEO Satya Nadella discussed balancing risks and benefits of generative AI in a conversation with Klaus Schwab.

• Sam Altman and Anna Makanju from OpenAI discussed the impact of AI on elections, expressing that anxiety around this issue is beneficial. 

• OpenAI is collaborating with the US military on open-source cybersecurity software and initiatives to prevent veteran suicide, clarifying recent policy changes regarding military and warfare.

• OpenAI's stance on using publishers' data for training is flexible, preferring partnerships over legal disputes, and aims to economically benefit artists in the AI ecosystem.

• Altman envisions a future where intelligence (compute) and energy are key currencies, emphasizing the need for energy breakthroughs for AI and addressing climate issues.

• Other sessions explored AI's role in augmenting jobs, AI regulations, and ethical considerations in the age of AI.

• The potential of AI in education and its impact on creativity and geopolitics were also discussed.

• The Global Risks Report highlighted risks associated with AI, including cybersecurity threats.

• Whitepapers and reports at Davos 2024 examined AI's impact on manufacturing, jobs, and healthcare.

• Initiatives like the AI Governance Alliance and Innovator Communities were highlighted for their role in responsible AI development.

2. Meta's has a new goal under Zuckerberg: Building AGI with a focus on open-source models and significant computing power.

• Meta's AI research group, FAIR, has been moved to align with the team building generative AI products across Meta’s apps.

• Zuckerberg has emphasized the importance of ambitious AI projects to attract top researchers in a highly competitive talent market.

• Meta plans to own over 340,000 Nvidia H100 GPUs by the end of the year, indicating a significant investment in AI computing power.

• The definition of AGI remains unclear, with Zuckerberg highlighting its breadth and capabilities like reasoning and intuition.

• Meta's focus on AGI was influenced by the release of Llama 2 LLM, and its capabilities in coding and logic.

• Zuckerberg aims for Meta's future AI models, like Llama 3, to lead the industry in reasoning and planning abilities.

• Meta's approach to AI development contrasts with OpenAI's, favoring open-source models for broader access and opportunity.

• Zuckerberg's vision for AI includes a focus on open-source development, though he remains open to adjusting this approach.

3. Samsung's Galaxy S24 series debuts with advanced generative AI features and camera improvements. 

• The devices use Google's Gemini Pro model for improved AI features in Samsung apps and Imagen 2 for photo editing.

• The most noteworthy feature is Circle for Search, a Google feature allowing users to search by circling text with a finger or S-Pen, which is functional anywhere across the OS.

4. Adobe introduces new AI-powered audio editing features in Premiere Pro beta, aiming to simplify tedious editing tasks.

5. Google DeepMind's AlphaGeometry AI has mastered solving complex geometry problems, typically tackled by International Mathematical Olympiad competitors.

6. Stability AI releases Stable Code 3B, an efficient LLM for code completion with multi-language support.

7. Google counters OpenAI's poaching efforts with fast-vesting stock grants to its DeepMind AI researchers.

8. OpenAI's board of directors approached Databricks CEO Ali Ghodsi to consider joining OpenAI’s board, despite Databricks position as a competitor to OpenAI.

9. Amazon is testing a new AI chatbot feature in its mobile apps that allows customers to ask specific questions about products.

10. The World Health Organization is releasing new guidance on the ethics and governance of large multi-modal models, urging governments to approve advanced AI systems and stressing the importance of regulatory oversight in healthcare AI.

11. The AI industry is responding to copyright challenges with Fairly Trained's certification program, which offers a "Licensed Model" certification for AI companies using licensed copyrighted data.

12. OpenAI announces its first higher education partnership with Arizona State University, as they plan to use ChatGPT for coursework, tutoring, research, and more, including building a personalized AI tutor for students. 

💰 Top Funding News:

1. 25madison, a leading venture platform, in partnership with Apollo Funds, has launched 25m Evolve, an enterprise software venture studio dedicated to incubating AI-native applications.

2.Vicarius, a cybersecurity startup offering AI-powered vulnerability detection and remediation tools, raised a $30M Series B led by Bright Pixel Capital, w/ AllegisCyber Capital, AlleyCorp, and Strait Capital. 

3. PredictAP, an AI-powered invoice ingestion and coding solution specifically for the real estate industry, raised an $8M Series A led by RET Ventures w/ Wise Ventures.

4. Certis Oncology Solutions, a precision oncology and translational science company that combines AI-directed drug development with advanced functional testing, raised a $10M Series C. 

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