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- OpenAI Begins Training New Model!
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Welcome back, folks.
OpenAI, the wizards behind ChatGPT, are brewing something big. They’ve kicked off training for their latest AI frontier model. But don’t hold your breath; this baby won’t be delivered for at least three months.
Today in the “Incredible AI” world:
OpenAI’s New Model: Awaiting GPT-5
What’s the Best Tech Stock Now
Washington Pushes for New AI Rules
Generate Product Descriptions with AI
Musk’s xAI to Challenge OpenAI
6 New Super Useful AI Tools
More AI & Tech News
Read Time: 3 minutes
- LATEST DEVELOPMENTS -
OpenAI has embarked on training a new frontier model. The release of this model, potentially GPT-5, is anticipated to be a significant step towards AGI. However, it won’t be available for at least 90 days.
Things to Know:
Safety and Security Committee: A new Safety and Security Committee has been formed. It comprises board members from diverse backgrounds, including former executives from Google, Facebook, and Sony.
90-Day Evaluation Period: The committee will spend 90 days evaluating and developing OpenAI’s processes and safeguards. Their recommendations will be shared with the full board.
Public Update: After the board’s review, OpenAI will publicly share an update on the adopted recommendations. This process ensures consistency with safety and security.
The new frontier model won’t be released until the committee completes its evaluation. This implies that the model, possibly GPT-5, won’t be available for at least 90 days. The board should receive the committee’s recommendations by August 26, 2024.
Missed out on Ring and Nest? Don’t let RYSE slip away!
Ring 一 Acquired by Amazon for $1.2B
Nest 一 Acquired by Google for $3.2B
If you missed out on these spectacular early investments in the Smart Home space, here’s your chance to grab hold of the next one.
RYSE is a tech firm poised to dominate the Smart Shades market (growing at an astonishing 55% annually), and their public offering of shares priced at just $1.50 has opened.
They have generated over 20X growth in share price for early shareholders, with significant upside remaining as they just launched in over 100 Best Buy stores.
Retail distribution was the main driver behind the acquisitions of both Ring and Nest, and their exclusive deal with Best Buy puts them in pole position to dominate this burgeoning industry.
Washington is pushing for new AI rules to protect artists, with a bill expected in June. The move comes as tensions rise in Hollywood over AI use. The proposed NO FAKES Act aims to prevent unauthorized digital replicas of likenesses or voices.
Things to Know:
AI Tensions in Hollywood: Hollywood is currently experiencing tensions due to the use of AI. The conflict escalated when actress Scarlett Johansson accused OpenAI of using a voice eerily similar to hers.
The NO FAKES Act: The NO FAKES Act is a bipartisan proposal. It aims to prevent individuals or companies from using AI to produce unauthorized digital replicas of a person’s likeness or voice.
Concerns of Music Artists: Music artists are worried about the lack of protection against AI-generated songs. Artists like Ariana Grande and Lainey Wilson have had their voices mimicked without their permission.
Legislation Challenges: There are major questions that Senators need to address before any national AI bill can be considered for a vote. These include the specifics of the legislation and its enforcement.
The proposed AI rules are a significant step towards protecting artists’ rights in the digital age. However, the legislation faces challenges and requires careful consideration. The outcome could have far-reaching implications for the entertainment industry.
- AI TUTORIAL -
Generating high-quality product descriptions that resonate with your audience and boost sales can be a challenge. But with AI, creating compelling product descriptions is now within reach.
Smartli is an AI-powered product description generator that helps you create high-converting descriptions in seconds.
How Smartli works:
Provide your product details: Simply enter essential details about your product, such as its features, benefits, and target audience.
Generate variations: Smartli's AI will generate multiple unique product descriptions tailored to your input.
Choose the best description: Select the description that best captures your product's essence and resonates with your target audience.
More Features of Smartli:
AI Blog Writer: Generate engaging and informative blog posts on various topics.
AI Ad Writer: Craft compelling ad copy for your marketing campaigns.
SEO Booster: Optimize your product descriptions and content for better search engine ranking.
Copy Enhancer: Enhance existing product descriptions and marketing copy.
Character Generator: Create unique and memorable characters for your brand storytelling.
Stop wasting time writing product descriptions from scratch. Let Smartli's AI do the heavy lifting for you and create descriptions that convert.
Elon Musk’s AI startup, xAI, has raised a staggering $6 billion in its latest funding round. This puts xAI in direct competition with OpenAI, despite being less than a year old. The funding will be used to bring xAI’s first products to market.
Things to Know:
Funding Details: xAI’s recent funding round amassed a whopping $6 billion. This places xAI as the second most valuable AI startup globally.
Valuation Comparison: Despite xAI’s impressive valuation of $24 billion, OpenAI, backed by Microsoft, still leads with an $80 billion valuation.
Product Offering: xAI’s flagship product is Grok, an AI chatbot. Despite a limited rollout, Musk has high ambitions for his AI venture.
Future Plans: With the recent funding, xAI is poised to challenge OpenAI’s dominance. Musk hinted at more announcements in the coming weeks.
The rivalry between Elon Musk’s xAI and OpenAI is certainly heating up. With its recent funding, xAI is gearing up to take on the industry giants. This is a significant development in the AI industry, marking a new chapter in the competition among AI startups.
- BEST AI TOOLS -
Create: Create apps automatically in under 2 minutes with AI.
Tripo AI: Generate high-quality and ready-to-use 3D models with text or images in seconds.
Drawww: Draw amazing artwork in real-time on your iPad with AI.
Rex AI: Transform your health with an AI nutrition and fitness coach, tailored to your unique goals. Track your calories, workout, and meals with AI.
Inbox Zero: Declutter your inbox in minutes with an open-source email app that puts you back in control of your inbox.
Spiritme: Turn your PDFs into videos with just a few clicks.
- MORE AI & TECH NEWS -
How new AI tech could change the iPhone?
7 AI deepfake controversies and viral moments, from Taylor Swift to Trump!
Opera browser adds Google’s Gemini to its browsers.
World's only Starbucks where 100 service robots fulfill orders!
Chromebooks Will Get Gemini and New Google Al Features.
SoftBank targets $9bn a year in AI investments while hunting bigger deals.
- RAISE YOUR VOICE -
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