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OpenAI to Unveil New Open-Source AI Model
May 16, 2023
⚡ Today’s Highlights
📰 News: OpenAI is set to release a new open-source AI model
💰 Funding: Together.xyz and Cascade Health
🦾 Tools: Make project management a breeze with this AI task management tool
📅 Events: TDWI Nashville continues today and the Conversational AI Summit starts today!
📰 Today's Top Stories
(6 min read) (Source: The Information)
TLDR: OpenAI plans to release a new open-source language model, following the rise of open-source alternatives to ChatGPT from Meta, Laion, Databricks, and Stability AI.
The release of sophisticated models by Meta has put pressure on OpenAI and Google to make more advanced software available to open-source engineers.
OpenAI is unlikely to release a model that competes with its proprietary model, GPT, as its valuation depends on the commercial use of advanced AI that isn't open source.
(7 min read) (Source: Forbes)
TLDR: Goldman Sachs has created ‘Louisa’, an AI-powered social media platform aimed to compete with LinkedIn.
Louisa automatically creates user profiles and suggests connections based on extensive article scanning, aiming to address missed opportunities and enhance professional networking.
Initially funded by Goldman Sachs and utilized internally, is now expanding as an independent startup with 25,000 monthly active users.
The announcement generated public interest, briefly boosting Goldman Sachs' share price, based on its potential to revolutionize professional services.
(4 min read) (Source: Reuters)
TLDR: Italy allocates €30 Million to improve digital skills for unemployed and at-risk workers in the face of automation and AI.
The Fondo per la Repubblica Digitale (FRD) reports that 54% of Italians lack basic digital skills.
€10 Million will be dedicated to upskilling workers at high risk of job displacement, while €20 Million will support unemployed individuals in developing digital skills for better job prospects.
The Big Picture: Italy as a nation has been at the forefront of addressing AI. Earlier this year they were the first country to ban ChatGPT due to privacy/security concerns, before eventually allowing it to be accessible. They are now one of the first nations to start dedicating resources to address potential threats to their labor force caused by AI/automation. Other countries will look at the effects of these policies to learn from their example as they begin to start crafting their own policies.
💰 Funding Alerts
Together raised $20 million in seed funding, led by Lux Capital, with support from other investors who believe in their mission.
The company is building an open-source AI and cloud platform to empower innovation and creativity by making AI accessible to all.
With the funds, Together aims to create open models that surpass closed models and establish open source as the default way to incorporate AI. They will open up access to their specialized cloud platform, enabling customization and coupling of models with production tasks, while prioritizing privacy protections.
Cascade Health raised $1.7 million in venture funding, led by AlleyCorp (Jane Suh, Principal), with participation from strategic angel investors.
The company is creating an intelligent platform for healthcare transparency, leveraging cloud and AI to aggregate and analyze healthcare data.
With the funds, Cascade Health plans to launch new features, expand to new areas, and scale their platform to become the infrastructure for healthcare transparency in America. They aim to provide personalized consumer experiences, improve understanding of pricing and coverage, and optimize decision-making through data-driven answers delivered by their generative AI assistant.
🦾 Trending Tools
Taskade AI Workflows: Customize project workflows effortlessly with Taskade AI. Generate thousands of tailored workflows for your team, from marketing campaigns to product sprints. It's the future of productivity, making project management a breeze!
WPTurbo: Get the WordPress code snippets you need effortlessly. Our AI-powered platform generates clean and optimized code, making website development faster and more efficient. Say goodbye to unnecessary complexity and hello to streamlined coding!
Databerry.ai: Connect custom data to ChatGPT effortlessly. Imagine the power of conversing with personal documents or leveraging the Plugin Store for brand exposure. Unleash ChatGPT's potential with data-driven conversations!
Puddl: Track your OpenAI costs effortlessly. Get detailed cost breakdowns, currency localization, and model-wise spending insights. Good things are on the way with the upcoming launch of LLM Ops tool. Explore the sleek Playground and enjoy deep analytics for improved productivity.
PaletteBrain: Unlock the power of ChatGPT across all your Mac applications. Streamline your workflow, boost productivity, and eliminate copy-paste hassle. Customizable templates and seamless integration with your favorite apps make it a productivity game-changer.
👀 More Reading
VCs love to talk about AI, but they aren’t writing as many checks as you might think (TechCrunch)
You studied computer science but Big Tech no longer wants you. Now what? (The Economist)
The apocalypse isn’t coming. We must resist cynicism and fear about AI (The Guardian)
Inside the AI culture war (POLITICO)
Catching bad content in the age of AI (MIT Technology Review)
ChatGPT get-rich-quick schemes are flooding TikTok and YouTube (The Washington Post)
🌎 Fresh Content
1. John Coogan speculated on the future of content creation since the popularization of ChatGPT and the rising trend of AI music. (YouTube)
2. James Briggs did a deep dive into the new Hugging Face Agents, breaking down what AI agents are and how they work, the AI agent landscape, and a demo of Hugging Face Agents. (YouTube)
📅 Upcoming Events
TDWI Nashville (May 14—19, 2023 / In person in Nashville, TN) is a six-day conference designed for data professionals and leaders who want to build effective data strategies, scalable architectures, and drive data-driven decision-making. With 40+ courses, 14 tracks, and 3 bootcamps to choose from, you can customize your learning experience. Plus, you'll have the opportunity to network with peers, gain new skills, and drive positive change in your business and career. Hurry, registration closes on May 12.
Attend Conversational AI Summit (May 16-17, 2023 / In person at the America Square Conference Centre in London, England) to discover advances in NLP, and how application can help create digital assistants, chatbots and conversational interfaces to improve customer experience & increase engagement.
The AI & Big Data Expo (May 17-18, 2023 / In person at the Santa Clara Convention Center in Santa Clara, CA) is a must-attend event for ambitious enterprise tech professionals. Explore how AI and Big Data impact industries like manufacturing, transport, finance, healthcare, and more. Hear from 250+ expert speakers sharing their industry knowledge and experiences through solo presentations, panel discussions, and fireside chats. Register now!
Upper Bound (May 23-26, 2023 / Edmonton, AB, Canada) is a deep dive into fundamental research in AI and machine learning, merged with a parallel exploration of excellence in industry application.
🧠 Resources
Today’s prompts delve into the exciting realms of blockchain-based contract management, AI-driven customer service chatbots, and influencer marketing campaigns. Whether you're a seasoned professional or just beginning your journey, these prompts will challenge you to think innovatively and strategically. Don't worry if you're not an 'AI Whisperer,' give them a try and let us know your thoughts. Remember, our prompts are designed as launching pads - feel free to adjust them to your unique needs. We're eager to hear your feedback. Now, let's explore these prompts and the opportunities they present for you!
Blockchain-Based Contract Management
ChatGPT will help you develop an innovative strategy for managing client contracts using blockchain technology and smart contracts to enhance transparency, traceability, and efficiency.
Prompt: "Take on the role of a blockchain expert. Help me come up with a forward-thinking strategy for managing client contracts using blockchain technology and smart contracts. The goal is to improve transparency, traceability, and efficiency in the production and distribution process. Ask questions about my business that will aid in this process. Notify me when you're prepared to start."
AI-Driven Customer Service Chatbot Design
Use ChatGPT to create a strategy for integrating an AI chatbot into your business, enhancing customer service, and providing a personalized shopping experience.
Prompt: "Assume the role of an AI specialist. Your task is to help me design a plan to incorporate an AI-powered chatbot into my business. The chatbot should handle customer inquiries, offer product suggestions, and create a unique shopping experience tailored to each customer. Confirm you're ready by saying 'Ready to design the AI chatbot.' Then, ask for any additional details required to develop a comprehensive plan."
Micro-Influencer Marketing Campaign Development
Engage ChatGPT to develop a detailed influencer marketing campaign that leverages the power of micro-influencers and user-generated content to authentically promote your brand.
Prompt: "Your mission is to act as a social media marketing specialist. I need your assistance in developing an influencer marketing campaign that utilizes micro-influencers and user-generated content for authentic promotion. This campaign should aim to increase brand awareness and drive sales. Ask me any questions about my brand that would help shape this campaign. Let me know when you're ready to start."
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