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Satya Nadella and Elon Musk trade jabs on OpenAI

May 18, 2023

⚡ Today’s Highlights

  • 📰 News: Satya Nadella and Elon Musk both interviewed about OpenAI and regulation

  • 💰 Funding: Glowforge, Union.ai, SWAPP, Incentivio, and Airstack

  • 🦾 Tools: Build forms with generative AI and automate your customer conversations

  • 📅 Events: The AI & Big Data Expo ends today

📰 Today's Top Stories

(25 min watch) (Source: NBC News)

TLDR: Microsoft CEO Satya Nadella sits down with Andrew Ross Sorkin to discuss the transformative potential of AI while addressing concerns and the need for responsible development and regulation.

  • They explore the partnerships between Microsoft and OpenAI, the positive and negative aspects of AI, and the need for societal, political, and cultural decisions to manage its impact. Nadella also discusses how AI tools like Microsoft's co-pilot and chatGPT can enhance productivity, learning, and creativity.

  • Nadella emphasizes the importance of human control and engagement in AI development. The conversation touches on topics such as safety, bias, employment, education, regulation, competition, disinformation, and the role of AI in elections.

(20 min read) (Source: CNBC)

TLDR: Tesla CEO Elon Musk spoke with CNBC’s David Faber yesterday and covered a lot of topics, including his role in the creation of OpenAI and criticisms of Microsoft and OpenAI’s relationship.

  • He stated that he came up with the name and was instrumental in recruiting key scientists and engineers for the company.

  • Musk has repeatedly asserted that Microsoft controls OpenAI, a claim strongly denied by Microsoft CEO Satya Nadella. Musk has criticized OpenAI's capped-profit model and its lack of emphasis on safe AI development.

  • Musk was a key signee of the open letter calling for a pause in advanced AI development to establish safeguards, but he acknowledged that he knew the letter was unlikely to have a significant impact. Despite signing the letter, Musk incorporated a rival AI firm called X.AI.

  • Musk also mentioned that his friendship with Google co-founder Larry Page ended, citing their differing views on AI safety and Page's accusation of Musk being "species-ist" for prioritizing human consciousness over machine consciousness.

(4 min read) (Source: Stability AI)

TLDR: Stability AI is launching StableStudio, an open-source version of its commercial interface, DreamStudio, for its AI image generator model, Stable Diffusion.

  • This move highlights the company's commitment to advancing open-source development.

  • The release of StableStudio enables community developers to enhance and experiment with the interface, benefiting Stability AI by potentially leveraging the improvements made by the community to allow for growth of the software.

💰 Funding Alerts

1. Glowforge, the creator of an award-winning AI powered 3D-laser printer, has raised an additional $20 million in Series E funding, bringing their total financing to $135 million. The funding round was co-led by DFJ Growth (Barry Schuler, Partner) and Foundry Group, with participation from Revolution Growth and True Ventures.

  • With the new funds, Glowforge plans to accelerate innovation, expand their product offerings and services, and continue developing Magic Canvas, which utilizes generative AI to transform simple descriptions into unique physical products made of various materials like wood, acrylic, fabric, and more.

2. Union.ai, a company aiming to simplify AI and data workflows for organizations, has raised $19.1 million in Series A funding from NEA (Greg Papadopoulos, Venture Partner) and Nava Ventures (Manish Patel, Founder).

  • Union.ai is revolutionizing machine learning and data orchestration with Union Cloud, providing seamless automation for data scientists and ML engineers.

  • The funding will fuel growth, innovation, and the expansion of their offerings, including further enhancements to Flyte OS.

3. SWAPP, an automated architectural construction document software, raised $11.5 million in a Series A funding round led by Eurazeo, with participation from Entrée Capital, Activum SG Ventures, and XTX Ventures.

  • SWAPP provides an AI-driven platform that automates the creation and management of architectural construction documents.

  • They plan to utilize the funds to further develop their platform, help architects save time and resources, and maintain high-quality output.

4. Incentivio, an intelligent guest engagement platform for restaurants, raised $10 million in Series A funding led by Osage Venture Partners (Sean Dowling, Managing Partner), with participation from Ardent Venture Partners and Grotech Ventures.

  • Incentivio utilizes AI/ML to drive revenue and guest engagement. They aim to level the playing field by empowering all brands to thrive in the digital-first economy and harness the power of data to drive business results.

  • With the funding, Incentivio plans to accelerate its growth through go-to-market initiatives and invest in product, engineering, and innovation.

  • Airstack enables developers to access and utilize cross-chain data using natural language requests powered by AI.

  • Airstack plans to use the funds to onboard thousands of developers onto their platform and identify areas of value and genuine business use cases before finalizing their pricing model.

🦾 Trending Tools

  • Kommunicate 3.0 is the ultimate solution for automating customer conversations. Build AI chatbots, integrate omni-channel communication, and harness advanced analytics. Elevate your customer support game!

  • Feathery AI is a generative AI form builder. Rapidly create digital single or multi-step forms for onboarding, applications, and feedback. Customize layouts, styles, and launch anywhere.

  • Dora AI, a tool for generating powerful websites effortlessly with a single prompt. Fuel your designs with AI 3D animation, transform static designs into dynamic experiences, and automate your animation process. Join the alpha waitlist here now!

  • guidde helps you create video how to guides with the help of AI. Deliver know-how 11x faster, answer questions, onboard employees, and drive self-service seamlessly. Create visually stunning content and share guiddes effortlessly!👀 

👀 More Reading:

🌎 Fresh Content

1. CNN’s Julia Chatterley went in depth with Eric Schimdt, Google’s former CEO, on the many new risks we face as a result of AI. He then offers some potential solutions that could add guardrails to AI and protect users. (Spotify)

2. On the ‘In Machines We Trust’ pod, hear how ‘vocal biomarkers’ may hold clues to what’s going on with our physical health. AI systems are now tasked with analyzing these signals. Host Jennifer Strong is joined by Hilke Schellmann as an array of experts are interviewed to explain what’s possible, including Margaret Mitchell, Chief Ethics Scientist at Hugging Face and Grace Chang, CEO of Kintsugi. (Spotify)

🧠 Resources

Today’s prompts are designed to assist you with intricate aspects of human resource management, such as AI-driven talent acquisition, onboarding processes, and employee engagement strategies. Our intention is to render these complex tasks more approachable and efficient.

Whether you're an AI veteran or a novice, we encourage you to utilize these prompts and share your feedback with us. Remember, these prompts are merely the beginning - feel free to modify them to better suit your requirements and do review the outputs for their pertinence and precision.

AI-Augmented Talent Management

  • Utilize ChatGPT to structure an AI-supported talent acquisition and management strategy that employs predictive analytics for talent sourcing, identifying skills gap, and personalizing career progression paths for employees.

  • "Assume the role of a HR strategist specializing in AI applications. Your task is to help me formulate an AI-enhanced talent acquisition and management strategy that leverages predictive analytics for talent identification, skills gap analysis, and customizing career development paths for employees. Start by asking me about my business to help tailor the strategy effectively."

Gamified Onboarding Strategy

  • Leverage ChatGPT to design an onboarding process that employs gamification elements, such as compelling narratives, challenges, and rewards to quickly and effectively integrate new hires into the company culture and workflows.

  • "Consider yourself as an onboarding specialist. Your job is to devise a gamified onboarding process that uses engaging storylines, challenges, and rewards to swiftly and efficiently assimilate new employees into the company culture and operational procedures. Ask me questions about my business to get started on this task."

AI-Powered Employee Engagement Framework

  • Engage ChatGPT to construct an employee engagement strategy that applies AI and behavioral science to monitor employee morale, cultivate a positive company culture, and boost productivity.

  • "Your task is to act as an HR specialist. I need your assistance in designing an employee engagement strategy that utilizes AI and behavioral science to keep track of employee morale, cultivate a positive company culture, and enhance productivity. This strategy should involve sentiment analysis, mood tracking, and tailored interventions to proactively address any issues. Begin by asking me relevant questions about my organization to help shape this strategy effectively." 

📅 Upcoming Events

  1. 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.

  2. 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!

  3. 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.

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