AI Journal - 130th Edition

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AI Journal
August 30, 2024

Welcome Back for Another Week of Exciting AI updates!
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OpenAI and Anthropic Partner with US for AI Model Safety Evaluation
OpenAI and Anthropic have agreed to let the US government access their AI models for safety testing through the US AI Safety Institute, part of NIST. This collaboration aims to enhance AI model safety before public release. The move aligns with voluntary commitments from tech companies, contrasting with stricter AI regulations like California's new AI safety bill.
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Midjourney Expands into Hardware with New San Francisco Team
Midjourney, the AI image-generating platform generating over $200 million in revenue without VC backing, is expanding into hardware. Announced on X, the new hardware team will be based in San Francisco. The company’s direction may be hinted at by the hiring of Ahmad Abbas, an ex-Neuralink engineer who contributed to Apple’s Vision Pro mixed reality headset.
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OpenAI’s Next Big Investors? Apple and Nvidia Are in the Running
Nvidia and Apple are reportedly in talks to invest in OpenAI’s next fundraising round, potentially valuing the company at $100 billion. Thrive Capital might lead the deal, with Microsoft possibly joining. Despite generating over $3.4 billion in revenue this year, OpenAI is expected to face a $5 billion loss by year-end due to expansion costs.
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Why Are Advanced AI Chatbots Like ChatGPT and Claude Misspelling 'Strawberry'?
The internet is abuzz with memes of AI chatbots like ChatGPT and Claude misspelling "strawberry" as having only two R's, which is incorrect. Despite their prowess in complex tasks, these AIs occasionally make basic errors. This raises the question: why can’t these advanced tools get simple spelling right? Let’s explore the reasons behind these mistakes.
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AI Funding

AI Tools

  • Looking for ways to explore and enjoy your vacation with the help of AI? Here are 5 AI tools you should consider: Link

  • Munch: Transforming Long Videos into Short Clips for Maximum Social Media Reach: Link

  • Dottypost: Your Tool for Creating Personalized, Attention-Grabbing Content: Link

Industry Focus This Week - Retail

  • Daniel Burrus Named Among RETHINK Retail's Top AI Leaders for 2024: Link

  • How Artificial Intelligence is Transforming the Retail Industry: Link

  • Amazon Integrates AI and RFID for Seamless Retail Checkout: Link

Interesting Posts

  • India Secures Top Spot in AI, Trailing Only the US and China: Link

  • Unlock Local Business Opportunities with Openmart's AI-Powered Sales Lead Connection: Link

  • NVIDIA Unveils NIM Microservices for Generative AI in Japan and Taiwan: Link

  • How Are Employers’ AI Efforts Affecting Workers? 77% Are Unclear on Usage: Link

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