AI Updates

News:

• OpenAI has come up with a set of five levels to track its progress toward AGI: https://www.bloomberg.com/news/articles/2024-07-11/openai-sets-levels-to-track-progress-toward-superintelligent-ai

• OpenAI has released GPT-4o mini, a new AI model with the following characteristics https://openai.com/index/gpt-4o-mini-advancing-cost-efficient-intelligence/

  • It's smaller and less expensive than full-sized GPT models.

  • More capable than GPT-3.5.

  • Outperforms other leading small AI models in speed, cost-efficiency, and intelligence.

  • Notable points: Scored 82% on the MMLU benchmark, surpassing Gemini 1.5 Flash (79%) and Claude 3 Haiku (75%).

  • In tests by Ramp, it was 60% cheaper and twice as fast as GPT-3.5 Turbo for data extraction tasks.

  • Now available to developers and ChatGPT users. It will replace GPT-3.5 for general use, though developers can still access GPT-3.5 via API temporarily.

• OpenAI working on new reasoning technology under code name ‘Strawberry’ https://www.reuters.com/technology/artificial-intelligence/openai-working-new-reasoning-technology-under-code-name-strawberry-2024-07-12/

  • OpenAI has tested AI internally that scored over 90% on a MATH dataset, a benchmark of championship math problems

  • It Can navigate the internet autonomously

  • Performs "deep research" independently

  • Solves complex problems without user prompting

  • Likely to produce fewer hallucinations than models like ChatGPT

  • Enhanced accuracy due to its ability to conduct deep research

  • It is Believed to use Self-Taught Reasoner (STaR) method.

  • Learns from its reasoning to improve itself.

  • Could potentially surpass human intelligence over time

• Open AI Sora showcase https://www.youtube.com/@OpenAI/videos

• Did Open AI Update DALL-E?

• The first image is the original, and the second was updated with Adobe Generative Fill

• Meta will not launch the multimodal version of Llama 3, its advanced AI model, in the EU. https://www.theguardian.com/technology/article/2024/jul/18/meta-release-advanced-ai-multimodal-llama-model-eu-facebook-owner

  • The decision is due to concerns about "unpredictable" EU regulators. EU customers can still use the text-only version of Llama 3.

  • Companies planning to use Llama 3's multimodal features in their products can't offer them in the EU market.

  • Apple made a similar decision, likely not launching its AI platform (Apple Intelligence) in the EU due to concerns about the Digital Markets Act.

  • The situation raises questions about the potential impact of the EU's AI regulations on its economy.

• Claude has dropped an Android App https://www.anthropic.com/news/android-app

• Gemini now answers ‘general questions’ when your Android phone is locked https://9to5google.com/2024/07/16/gemini-android-lockscreen/

• Google Announces Vids https://support.google.com/docs/thread/285509455

• YouTube used to train? Apple, Nvidia, Anthropic Used Thousands of Swiped YouTube Videos to Train AI https://www.proofnews.org/apple-nvidia-anthropic-used-thousands-of-swiped-youtube-videos-to-train-ai/

• Microsoft Designer powered by AI is now generally available with a personal Microsoft account https://www.microsoft.com/en-us/microsoft-365/blog/2024/07/17/new-ways-to-get-creative-with-microsoft-designer-powered-by-ai/

  • New Features and Availability: Microsoft Designer is now generally available with new AI-powered features, including seamless integration with Microsoft Word, PowerPoint, and Photos. It supports over 80 languages and is accessible as a web, mobile, and Windows app.

  • Enhanced Creativity Tools: The designer offers innovative tools like prompt templates, custom stickers, greeting cards, and advanced photo editing features such as background replacement and image framing.

• A new Senate bill, the COPIED Act, was introduced to protect creators' content and make it easier to identify AI-generated material. https://techcrunch.com/2024/07/12/new-senate-bill-seeks-to-protect-artists-and-journalists-content-from-ai-use/

• Amazon’s AI-powered shopping assistant, Rufus, which helps customers find and compare products and offers AI-powered purchase recommendations, is now live on the Amazon app for all US customers. https://www.cdomagazine.tech/aiml/amazons-ai-shopping-assistant-rufus-goes-live-for-us-shoppers

  • Rufus, Amazon's chatbot, has been trained on Amazon's product catalog

    • Customer reviews

    • Community Q&As

    • “Publicly available” information

  • It has undergone extensive testing since its limited launch in February.

  • Amazon hasn't clarified if the 'publicly available' data includes information from other retail sites.

• X user Kevin Bankston claimed that Google Gemini summarized his tax returns without his consent and that the settings to prevent this are not available https://x.com/KevinBankston/status/1811075836558114968

• Menlo Ventures and Anthropic team up on a $100M AI fund https://techcrunch.com/2024/07/17/menlo-ventures-and-anthropic-team-up-on-a-100m-ai-fund/ Apply to be part of the fund here: https://menlovc.com/anthology-fund-application/

• Nvidia Stock Gets Price-Target Hikes As Shares Test Key Support Level: https://www.investors.com/news/technology/nvidia-stock-price-target-hike-key-support-level/

  • Analyst Upgrades: Several analysts have increased their price targets for Nvidia following its strong Q3 earnings. Notably, Goldman Sachs raised its target to $625, JPMorgan to $650, and Bank of America to $700, driven by robust demand for AI servers and improved GPU supply chains.

  • Strong Financial Performance: Nvidia reported record revenue of $18.12 billion for Q3, a 34% increase from Q2, with data center revenue hitting $14.51 billion, a 41% rise from the previous quarter. GAAP earnings per share also saw a significant jump to $3.71.

  • Market Reactions and Outlook: Despite the positive earnings, Nvidia's stock experienced a dip due to concerns about demand sustainability and the impact of U.S. export restrictions to China. However, analysts remain optimistic about Nvidia's growth prospects, citing the ongoing transition to AI infrastructure and upcoming product launches.

Creator Tools

• Harvey https://www.harvey.ai/

• Claude: A conversational AI platform designed for nuanced and contextually aware interactions, aiming to provide human-like conversation experiences. https://claude.ai/chats

• ChatGPT: A platform offering access to OpenAI's GPT model, tailored for engaging in conversational responses, providing information, and generating text-based content. https://chatgpt.com/

• Pika Labs: A creative platform focused on AI-driven art creation, allowing users to explore and create digital artworks with the assistance of artificial intelligence. https://pika.art/

• Runway: A creative toolkit powered by AI, enabling users to apply machine learning models to video, image, and text projects for innovative content creation. https://runwayml.com/

• Leonardo: An AI platform (not widely known as of my last update, so this description is speculative) likely aimed at enhancing digital art creation or providing AI-based tools for creative processes. https://leonardo.ai/

• Storyblocks: A stock media platform offering royalty-free videos, images, and audio clips for content creators to use in their projects. https://www.storyblocks.com/

• Dalle-3 on Bing: Microsoft’s integration of OpenAI's DALL-E model into Bing allows users to generate unique images based on textual descriptions through a web interface. https://www.bing.com/images/create

• Ideogram: An AI-driven platform focused on generating ideograms or visual symbols that represent ideas or concepts, facilitating creative visual communication. https://ideogram.ai/t/explore

• MusicFX: A Google experiment that allows users to explore the creation of music using AI, part of Google's AI Test Kitchen, focusing on experimental AI applications in music. https://aitestkitchen.withgoogle.com

• Mubert: An AI-powered platform for generating unique music streams, allowing creators to produce music through algorithmic composition. https://mubert.com/

• Suno: An AI tool focused on enhancing voice communication by offering real-time, AI-driven voice analysis and improvement features (based on the description, this is speculative). https://www.suno.ai/

• ElevenLabs: Offers AI technology for creating realistic voice synthesis and cloning, enabling high-quality voice generation for various applications. https://elevenlabs.io/

• Adobe Speech Enhancer: A tool designed to improve the quality of audio recordings, especially in podcasting, by removing noise and enhancing speech clarity. https://podcast.adobe.com/enhance

• Timebolt: A video editing software that automates the process of cutting out silences from video content, making content creation more efficient. https://www.timebolt.io

• Descript: A multi-tool platform for audio and video editing that features transcription, text-to-speech, and media editing capabilities, aimed at content creators. https://www.descript.com/

• HeyGen: Provides AI-driven tools for generating written content, aiming to assist in the creative writing process with the help of artificial intelligence. https://heygen.com/

• Opus Clip: A platform (as of my last update, not widely recognized, so description is speculative) likely focused on video editing or creation tools enhanced by AI. https://www.opus.pro/

• TubeBuddy: A browser extension and mobile app designed to help YouTube creators optimize their videos, manage their channels, and grow their audience. https://futuretools.link/tubebuddy-com

• Invideo: An online video creation platform offering tools and templates for creating professional-quality videos for marketing, social media, and more. https://invideo.io/

• LTX Studio: Specializes in leveraging AI for text-to-video generation, allowing users to create video content from written narratives. https://ltx.studio/