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Elon Musk Is Assembling a Team to Develop a ChatGPT Rival

03-01-2023

March 01, 2023

⚡ Today’s Highlights

  • 📰 News: Elon Musk is recruiting a team to go up against ChatGPT

  • 💰 Funding: EvolutionIQ and AVALON Corp

  • 🦾 Tools: AI-powered taxes and productivity tools

  • 📅 Events: Subsurface LIVE 2023 starts TODAY and All Things IIOT Day is on Thursday!

📰 Today's Top Stories

(3 min read) (Source: The Information)

TLDR: According to a report by The Information, Elon Musk has reached out to AI researchers about creating a new research lab to develop an alternative to OpenAI's ChatGPT after being (very vocally) unhappy with the direction the company has taken.

Musk has reportedly recruited Igor Babuschkin, a former researcher at Alphabet's DeepMind AI unit, to potentially assemble a team that would pursue AI research. However, the project is still in its early stages and there are no concrete plans to develop specific products yet. It remains to be seen what Musk's new AI research lab will focus on and how it will differ from existing AI research entities.

(2 min read) (Source: Facebook)

TLDR: Meta, the parent company of Facebook, is creating a new product group focused on generative AI, a set of machine learning techniques that enable computers to create human-like text, images, and other media. CEO Mark Zuckerberg said in a Facebook post that the new unit will combine several teams across Meta and will be organized under Chief Product Officer Chris Cox.

The team will focus on building creative and expressive tools in the short term while exploring AI personas that can help people in a variety of ways in the long term. The group will work on experiences with text, images, and video as well as other multi-modal experiences. The move comes as many tech companies are racing to incorporate AI models into their products and operations.

(2 min read) (Source: Reuters)

TLDR: Microsoft has integrated its upgraded Bing search engine into its Windows operating system. The move is part of the company's effort to make AI accessible to millions of people. With the Windows 11 update, Microsoft has included the new Bing in the search box, enabling users to navigate their files and the internet with the help of AI.

The search engine is currently in preview mode, available to over 1 million people in 169 countries, with a waitlist for others. The latest Windows update also includes software that can connect to iPhone messages and calls, initially available to a limited number of users.

(2 min read) (Source: Reuters)

TLDR: Zoom Video Communications has announced that it plans to incorporate more AI into its products, while also projecting annual profits above Wall Street's expectations. CEO Eric Yuan stated that AI can "truly help" the company and that "the age of AI and large language models has arrived." Zoom's video-conferencing service has seen consistent demand due to the ongoing shift to hybrid work models, which is further contributing to the company's success.

(5 min read) (Source: Google Ads)

TLDR: Google has announced new AI-powered tools to enhance the performance of search ads for businesses to better connect with their intended audience. Google Ads is making several changes to promote greater creativity and improved performance. Ad Strength will take into account automatically created assets and existing assets when determining ratings.

Automatically created assets will use inputs like keywords to customize headlines and improve relevance. Users will also be able to remove any automatically created assets they do not want to include in their ads. The improvements will roll out in the coming weeks, with additional languages planned later this year.

💰 Funding Alerts

  1. EvolutionIQ, the leading AI-powered claims guidance platform for insurance claims, completed its Series B funding round, raising $7M led by Brewer Lane Ventures (John Kim, Managing Partner) and joined by existing investors including First Round Capital, FirstMark Capital, and Foundation Capital. Principal Financial Group, a major insurance company and existing EvolutionIQ client, also participated in the round. The funds will be used to grow the company's teams and expand its international footprint. EvolutionIQ uses machine learning and natural language processing to actively monitor complex bodily injury claims and provide real-time predictive guidance to maximize business impact.

  2. AVALON Corp.raised $13 million in funding from BITKRAFT Ventures, HASHED, Delphi Digital, and Mechanism Capital, among others, to build a platform for games that could take advantage of the metaverse by leveraging generative AI to develop artificially intelligent NPCs and worlds like Coruscant from Star Wars. The company aims to create a new interoperable universe for gaming.

🦾 Trending Tools

  • FlyFin is an AI tax app designed to make tax filing effortless for freelancers, self-employed individuals, and small business owners. The advanced AI technology allegedly finds an average of $3,700 in additional tax savings in just five minutes, so you can rest assured you're not missing out on any deductions. A team of CPAs file your taxes and you'll have unlimited 24/7 access to CPAs and IRS-enrolled agents for any questions or concerns. FlyFin is a fascinating solution for anyone with a 1099 or self-employed income in the U.S.

  • Sense is an AI-powered productivity tool that helps you keep track of all your tasks, documents, links, meetings, and discussions. It collects them all together into self-organized “Spaces”, making it easy to find everything you need in one place. Sense AI finds relationships between all your data, from emails to presentations, keeping everything interconnected and organized. With Sense, you can stay on top of your work and improve your productivity.

  • M.O.N.D.A.Y is an AI assistant that helps streamline your content creation process. By analyzing your existing content, M.O.N.D.A.Y generates ready-to-use graphics, social media posts, and newsletters. With its own voice and the ability to connect to various tools, M.O.N.D.A.Y is your personal assistant that remembers your notes and answers your questions. With automation capabilities, it can even connect to your calendar, email, and other services via API. Say goodbye to manual content creation and hello to M.O.N.D.A.Y!

  • cookAIfood is a tool that creates AI-generated food recipes along with beautiful images! With cookAIfood, you can explore the limitless possibilities of artificial intelligence in the kitchen, making cooking easier, faster, and more creative. Share your amazing AI-generated recipes with your friends and family and experience a revolutionary new cooking experience with cookAIfood.

🌎 Popular Content

1. An Amazon delivery driver shares some of the AI features that Amazon uses in their vehicles to monitor drivers. Drivers have to pull over to take a sip of their coffee or water or they’ll receive a distracted driving violation. (TikTok)

explaining amazon things ✨ have a great day 🫶🏼 #fyp #trending #amazon #amazondelivery #amazondeliverydriver

ambergirts (@ambergirts) has created a short video on TikTok

https://www.tiktok.com/@ambergirts/video/7203767968629689646

2. American start-up accelerator Y Combinator shares what they believe to be the real potential of generative AI. (YouTube)

3. OpenAI: “Did you tell a user how to hotwire a car?!” ChatGPT: “This is not the chatbot you are looking for…” (Reddit)

4. A rare peak behind the scenes here at WorkWithAI, the executives are clearly hard at work creating an awesome newsletter. (OC made using Midjourney)

👀 More Reading

🧠 Resources

The content of this Intel course covers the fundamentals of natural language processing (NLP) using modern Intel architecture. Learn how to manipulate text for language models, explore text generation and topic modelling, and delve into the basics of machine learning, including more advanced concepts.

 📅 Upcoming Events

  1. Join industry leaders at Subsurface LIVE 2023 (TODAY March 1-2, 2023 / San Fransico, New York, London) as we explore the latest open-source innovations in the open data lakehouse ecosystem and share real-world use cases. Hear firsthand from technology leaders at companies such as Apple, Uber, Bloomberg, AWS, and Microsoft about their experiences architecting and building modern cloud data lakes. Learn how to innovate with open-source technologies such as Apache Arrow, Apache Iceberg, Nessie, Delta Lake, Airflow, Dagster, Apache Superset, Apache Druid, Apache Ranger, and more.

  2. All Things IIoT Day (TOMORROW March 2nd, 2023 / Virtual) is an event that will bring together experts from around the world to share insights on IIoT technologies applied to manufacturing, smart cities/buildings/infrastructure, energy, and ICS cybersecurity. Over 115 subject matter experts will share insights with 21,000+ expected attendees on digital transformation journeys, focusing on trends, challenges, best practices, case studies, and creating compelling business models for transitioning to IIoT technologies. The content is targeted to CxOs, executives, and technology-oriented executives.

  3. “The data dividend” series (March 7, 2023 / Washington, DC, USA), programmed by Economist Impact and supported by IBM, brings together leaders in government and industry to discuss how to establish the strategy, culture and skills needed to foster a data-driven enterprise and cultivate new ways of thinking and working. In 2023, we break new ground as we tour cities around the world and discuss how organizations can realize their data dreams.

  4. ElevateIT: Phoenix Technology Summit 2023 (March 7, 2023 / Pheonix, AZ, USA) is a technology summit where regional C-Suite executives, industry experts, and law enforcement will discuss how to optimize and secure businesses for profitability and growth. Topics include maintaining market base during disruptive times, capitalizing on disruption for competitive advantage, and maintaining digital trust while creating value. Process automation, data protection, and cybersecurity are top strategic components for governance and innovation, and digital cybersecurity is crucial for accuracy and speed.

  5. Presenting the second edition of Convergence Conference (March 7-8, 2023 / Virtual), explore the new frontiers of machine learning including novel applications, tools and processes! This free two-day virtual event features 25+ talks, panels and workshops by leading data scientists who share cutting-edge ML techniques to solve complex problems in the real world.

 💼 Jobs

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