Meta Is Joining the AI Race With LLaMA

⚡ Today’s Highlights

• 📰 News: Meta AI comes out with LLaMA and OpenAI's plan for AGI

• 💰 Funding: Voicemod, Rebuy, NeoSwap AI, and Transmetrics

• 🦾 Tools: Notion introduces AI-powered organization tools

• 📅 Events: Subsurface LIVE 2023 and All Things IIOT Day are this week!

📰 Today's Top Stories

Introducing LLaMA: A foundational, 65-billion-parameter large language model

(5 min read) (Source: MetaAI)

TLDR: Facebook's parent company Meta has developed LLaMA, a new AI-powered language model that can engage in human-like conversations like other chatbots, but with better efficiency and fewer hardware requirements. It reportedly outperforms other models, including GPT-3 from OpenAI, despite being 10 times smaller in size. Meta is also claiming that LLaMA can be trained exclusively using publicly available datasets.

Meta is currently only releasing LLaMA to the research community, with the aim of gathering feedback from experts. The release of the model is seen as an attempt to improve the quality of AI-powered chatbots like ChatGPT, which have been criticized for their factual errors and biases. The move could help Meta to gain more traction in the highly competitive AI market.

Planning for AGI and beyond

(8 min read) (Source: OpenAI)

TLDR: OpenAI says its mission is to ensure that artificial general intelligence (AGI) benefits all of humanity while minimizing the risks of misuse and accidents. AGI has the potential to elevate humanity by increasing abundance, turbocharging the global economy, and aiding in the discovery of new scientific knowledge. Still, it also comes with serious risks of societal disruption.

In this recent post, OpenAI CEO Sam Altman says the company wants to empower humanity to maximize the benefits of AGI while ensuring that access and governance of AGI are widely and fairly shared. In the short term, this means gradual, real-world testing of increasingly complicated and powerful systems to allow users and policymakers to provide feedback. Ultimately, this is meant to allow for a societal agreement on the wide bounds and limits that should be imposed on AGIs.

To achieve its mission, OpenAI plans to create increasingly aligned and steerable models while running experiments for external input, using AI to help humans monitor and evaluate the outputs of more complex models. The company states that it is becoming increasingly cautious with the creation and deployment of its models as they get closer to AGI.

OpenAI believes that progress on AI safety and capabilities must be made together, and it wants society to agree on extremely wide bounds of how AI can be used, but within those bounds, individual users have a lot of discretion.

The Big Picture: They can talk the talk but will they be able to walk the walk? This statement comes after they received criticism from many, including OpenAI founder Elon Musk, regarding their decision to essentially make OpenAI a closed-source, for-profit company through their partnership with Microsoft. Additionally, tech giants like Google and Microsoft have been swaying the EU to ease regulations and restrictions on general-purpose AI.

Banks Are Right to Clamp Down on Office ChatGPT

(5 min read) (Source: The Washington Post)

TLDR: Bank of America and Goldman Sachs have followed JPMorgan in prohibiting staff from using ChatGPT for business purposes due to concerns over the potential risks involved with its use, including the model making mistakes or plagiarising someone else’s work. This comes after Microsoft warned its own employees against sharing sensitive information with the chatbot last month. ChatGPT could also be used to write computer code, but banks are unlikely to allow it near their coding languages or systems due to privacy concerns and the low tolerance for failure in banking systems.

The intellectual content provided by traders, investment bankers, and research analysts is a major selling point in the industry, and the use of ChatGPT could reduce its value as investors pay banks for their unique insights and expertise. The compliance departments are worried about the risks involved, particularly after being fined by regulators for bankers’ use of WhatsApp, and the potential for a sell-side analyst’s research report to contain plausible but entirely fictitious sectoral developments threatening or benefiting a listed company.

ICYMI: Bing raised the daily cap for users to 100 turns per day

💰 Funding Alerts

1. Voicemod is a real-time voice changer and soundboard that uses artificial intelligence and digital signal processing technologies to synthesize and filter voices, improve sound quality, and create sound effects. The company has raised $14.5 million in expansion funding led by Madrid-based Kfund’s growth fund Leadwind, with participation from Minifund and Bitkraft Ventures. The company plans to use the funds to develop its real-time AI voice identity capabilities to cater to gamers, content creators, and professionals of all skill levels, who are looking for tools to help them express themselves vocally in digital spaces.

2. Rebuy is an e-commerce platform that uses AI and machine learning to personalize shopping experiences for brands. They received $17 million in funding from investors including M13, Dynamism Capital, R-Squared Ventures, Peterson Ventures, Sidekick Partners, Ben Jabbawy of Privy, and Nik Sharma. The company plans to use the money to enhance its intelligence engine, expand its platform's capabilities, and hire top talent.

3. NeoSwap AI is an NFT trading startup that uses AI-powered algorithms to enable multi-party, multi-item trading with minimal currency. The company has closed a pre-seed investment round, securing $2 million at a valuation of $15 million from investors including Digital Asset Capital Management (Richard Galvin, Co-Founder and CEO of DACM), AngelHub, Gossamer Capital, Cavalry Asset Management, Stacks Ventures, Dhuna Ventures, and several angel investors. The funding will allow NeoSwap AI to continue developing its AI-powered platform and revolutionize commerce with more efficient and decentralized trading methods.

4. Transmetrics is a company that uses AI to analyze, forecast, and optimize transport logistics in the supply chain industry. They received €2.5 million in funding from the European Innovation Council Fund and Impetus Capital. The company plans to use the money to invest in its AI-powered analytics and expand into new markets, as well as develop planning tools to support efficient and resilient supply chains for logistics companies.

🦾 Trending Tools

• Notion AI is a unique tool that integrates artificial intelligence across your workspace, making it more useful for notes, docs, and collaborating with others. With its flexible drag-and-drop text editor, AI-generated content can be easily rearranged and transformed. Notion AI's capabilities will expand to help with project management and team knowledge bases in the future.

• AI:JD is a free job description generator powered by OpenAI's GPT-3 and Clearbit. Simply enter the job title and your work email, and within 90 seconds, you'll receive a customized job description in your inbox, complete with a Google Doc template.

• Supercharge your coding skills with Code Snippets AI! Their GPT-3 AI model helps you generate, refactor, debug, and document code right in your VSCode editor. With a 3-day free trial, you can give it a test drive and securely store your snippets in your online library for easy access later.

• Synthesis YouTube is a video podcast search tool that utilizes GPT-3 to help you quickly find relevant segments from your favourite podcasts or video channels. With timestamped links, you can easily navigate to the most important points in just minutes.

• With the help of GPT-3, Childbook AI generates unique children's stories that can be personalized with characters and illustrations. The stories can be read or played as an audiobook, providing a fun and engaging experience for children. Prices start at $1.50 per book with bundle pack discounts available.

🌎 Popular Content

1. Old but Gold 🪙: In this podcast clip, Lex Fridman chats with legendary videogame developer John Carmack about the progression of technology towards AGI. Carmack shares some valuable insights on what AGI might look like initially and the signs that could indicate its arrival. (YouTube)

2. Young Steve Jobs shares a great analogy of what AI represents. It is a tool that will boost our inherent abilities to innovate and create, and those that learn how to use it well will be the ones to take us to the future. (Twitter)

3. Need to land the Apollo command module? Made friends with roman legionaries and don’t know what to talk about? Don’t fret, Bing has your back. (Twitter)

4. It seems like they might have trained MusicLM on either a bunch of clips of people trying to whistle tunes that they vaguely remember into Shazam or clips of people rapping the lyrics to songs that they don’t know the lyrics to. Heavy emphasis on the air quotes around “music”. (YouTube Shorts)

5. The evolution of women’s fashion from the 1910s - 2010s according to AI. (Twitter)

👀 More Reading

• How One Guy’s AI Tracked the Chinese Spy Balloon Across the US (WIRED)

• KPMG Global Study Confirms Trusting AI Remains A Major Employee Confidence Gap (Forbes)

• AI image generator Midjourney blocks porn by banning words about the human reproductive system (MIT Technology Review)

• Why artificial intelligence needs to understand consequences (Nature)

• What a Sixty-Five-Year-Old Book Teaches Us About A.I. (The New Yorker)

🧠 Resources

Jesse of JCharisTech shares some insights on using ChatGPT for data analysis. Learn how to create Pivot Tables, encode datasets, and evaluate models with speed and ease.

 📅 Upcoming Events

1. Join industry leaders at Subsurface LIVE 2023 (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 (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

• Burro: Machine Learning Internship

  • Philadelphia, PA, USA

  • Internship

• Dyno Therapeutics: Machine Learning Engineer Summer 2023 Internship

  • Watertown, MA, USA

  • Internship

• Neuralink: ML Research Engineer

  • Fremont, CA, USA

  • $100,000 - $200,000 USD

• Coinbase: Senior Staff Software Engineer, Machine Learning

  • Remote

  • $236,725 - $278,500

• Kyowa Kirin: Director of Artificial Intelligence, Machine Learning, Robotics and Automation

  • Princeton, NJ, USA

  • $81,000 - $152,000 USD

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