In a significant leap for artificial intelligence (AI) in South Korea, 20 generative AI startups have come together to form the Generative AI Startup Association (GAISA). Initiated by leading startups such as Liner, Wrtn Technologies, Scatterlab, Upstage, Coxwave, and FriendliAI, this association aims to cultivate the local AI ecosystem and explore collaborative opportunities in the … Read more
OpenAI has announced a significant upgrade to ChatGPT, introducing voice and image capabilities. This enhancement allows users to engage in real-time voice conversations and share images with the chatbot, marking a leap in multimodal interaction. Competition Heats Up In the competitive landscape of generative AI, ChatGPT’s new features are a response to similar advancements by … Read more
Amazon announced that it will invest up to $4 Billion in Anthropic, the AI company behind Claude. Amazon will take a minority ownership stake in the company and announced that Amazon Web Services (AWS) will become Anthropic’s principal cloud services provider. The initial investment will be $1.25 Billion, and it immediately thrusts Anthropic’s Claude 2 … Read more
Databricks, a prominent enterprise software company, has successfully completed a $500 million Series I funding round. This financial boost propels the company’s valuation to a whopping $43 billion, with a share price at $73.50. Funding Details and Participants The funding round witnessed leadership from T. Rowe Price Associates and Morgan Stanley’s Counterpoint Global. Joining the … Read more
In a new report on Generative AI from Forrester Research claims that many jobs will be lost in the US to Generative AI — as many as 2.4 million by 2030. But it goes further to note that even more jobs will be reshaped by Generative AI in the years to come. They note that … Read more
According to a report from Benzinga, Needham analyst Laura Martin noted in a report on Apple that “Many of these companies (including AAPL) are about to get dwarfed by generative AI, in our view.” She further noted that the arena of media and internet is particularly poised for an overhaul, thanks to generative AI. And … Read more
It seems like a small feature, but it has huge implications. OpenAI announced that it will begin rolling out “Custom Instructions” which ChatGPT will store globally and apply to all conversations. Think of it as a “global prompt.” Well, in fact, two prompts. The Custom Instructions settings allows you to supply a prompt that allows … Read more
Why it matters: As AI tech accelerates, the Biden administration is intensifying its focus on its risks and regulation, pushing industry heavyweights to pledge proactive security measures. This represents one of the most significant actions taken by the administration to address potential threats posed by AI. The big picture: Seven major companies, including Google, Amazon, … Read more
To the surprise of almost no one, Apple has begun to quietly discuss their plans to move into the AI Arena with a series of intitatives that are (for the moment) being discussed internally as “Apple GPT.” Bloomberg reports that Apple has developed an internal framework (named ‘Ajax’) and a chat bot on their internal … Read more
OpenAI and its flagship ChatGPT have some new competition. Anthropic, another San Francisco-based startup, released it’s Claude 2 Chatbot to the public. It’s available only to USA and UK users at the moment. Anthopic, which was founded by former members of the OpenAI research team, aims to be a more ethically-driven company. The New York … Read more