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Wall Street Journal report says Meta is developing an AI model designed to compete with GPT-4. It's expected to be much more powerful than Llama 2, the open-source AI that Meta recently released. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The Journal reported that Meta's lawyers had raised concerns about potential misuses of the company's AI model. Meta has bet on open-sourcing its AI models to cut the lead built up by its rivals.
Persons: It's, Google's Bard, Mark Zuckerberg, Zuckerberg, Meta Organizations: Meta, Service, Street Journal, Big Tech, Microsoft, Reuters, Facebook Locations: Wall, Silicon
They found AI could develop software in under 7 minutes for less than $1 in costs, on average. The findings come after researchers published another study in which AI agents powered by large language models were able to run a virtual town on their own. Once the researchers gave the AI bots their roles, each bot was allocated to their respective stages. "Our experimental results demonstrate the efficiency and cost-effectiveness of the automated software development process driven by CHATDEV," the researchers wrote in the paper. Nevertheless, the study isn't perfect: Researchers identified limitations, such as errors and biases in the language models, that could cause issues in the creation of software.
Persons: ChatDev, didn't, Daniel Dippold Organizations: Service, Brown University Locations: Wall, Silicon, Berlin
Deutsche Bank is aggressively experimenting with AI capabilities to transform the bank. Then they cut to black before text came into focus to provide intel on Cymbal, a hypothetical corporate client of Deutsche Bank. Deutsche Bank is aiming to transform the business and work of banking. There's a lot of assumptions," Gil Perez, Deutsche Bank's chief innovation officer, told Insider. The bank will need to compete for in-demand AI tech talent, a market that is only set to heat up.
Persons: Gil Perez, Perez, Tamara Bitticks, Bitticks, There's Organizations: Deutsche Bank, DB, intel, Google, Deutsche, Bankers, Wall, genAI Locations: San Francisco, Washington
Palmer Luckey told Breaking Defense the ChatGPT hype is making politicians interested in AI weapons. While Luckey may be best known as the founder of Oculus, in 2017 he created a defense tech startup called Anduril Industries. In a recent interview with Breaking Defense, Luckey said "ChatGPT has probably been more helpful to Anduril with customers and politicians than any technology in the last 10 years." Luckey, who referred to Anduril as an "AI company," clarified to Breaking Defense that ChatGPT wasn't actually powering Anduril's products. It builds military technology including drones, surveillance towers, and underwater vehicles powered by its AI software system, Lattice.
Persons: Palmer Luckey, Luckey, he's, that's, Palmer, ChatGPT, you'll, futher, Anduril, Andreessen Horowitz, Lockheed Martin, Trump, we've Organizations: Breaking Defense, Capitol, Pentagon, Service, Anduril Industries, Defense, Blue Force Technologies, TechCrunch, Founders Fund, Boeing, Lockheed, Department of Defense, Department of Homeland Security, CNBC, Special, Command, US Customs, Protection, Jaan, Skype, Cambridge Centre, Life Locations: Wall, Silicon, Jaan Tallinn
The "neural network planner" that Shroff and others were working on took a different approach. Faced with a situation, the neural network chooses a path based on what humans have done in thousands of similar situations. By early 2023, the neural network planner project had analyzed 10 million clips of video collected from the cars of Tesla customers. By mid-April 2023, it was time for Musk to try the new neural network planner. "Oh, wow," he said, "even my human neural network failed here, but the car did the right thing."
Persons: Elon Musk, Mozart, Mark Zuckerberg, Dhaval Shroff, OpenAI, Musk, Shroff, Alan Turing, Uber, James Bond, Ashok Elluswamy Organizations: Tesla, Computing Machinery, Intelligence, Palo Locations: Palo Alto, Buffalo , New York
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBENGALURU, Sept 8 (Reuters) - U.S. chip firm Nvidia and telecom-to-retail giant Reliance on Friday announced an AI partnership to create language models, generative apps and a cloud infrastructure platform for AI development in the South Asian nation. "Reliance will create AI applications and services for their 450 million Jio (telecom) customers and provide energy-efficient AI infrastructure to scientists, developers and startups across India," Nvidia said. Nvidia globally has a near-monopoly on the computing systems used to power services like ChatGPT, OpenAI's blockbuster generative AI chatbot. Reliance said the new AI infrastructure will speed up a range of India's key AI projects, including chatbots, drug discovery, and climate research. Separately, India's Tata Group too is set to announce an AI partnership with Nvidia later during Friday, a source with direct knowledge of the matter told Reuters.
Persons: Dado Ruvic, Mukesh Ambani, Grace Hopper Superchip, Reliance, Neil Shah, Munsif, Aditya Kalra, Sharon Singleton, Kim Coghill, David Evans Organizations: NVIDIA, REUTERS, Rights, Nvidia, Reliance, Counterpoint Research, Reuters, India's Tata Group, Thomson Locations: India, Bengaluru, Dhwani Pandya, Mumbai, New Delhi
A writer and translator says he was laid off after his company, Gizmodo en Español, began using AI. The site, Gizmodo en Español, now appears to be using AI to translate articles from English to Spanish. On Tuesday they shut down @GizmodoES to turn it into a translation self-publisher (an AI took my job, literally)." They shared the memo sent to staff by Gizmodo's editorial director, which said, "Wednesday morning, G/O began publishing Gizmodo stories translated into Spanish using an automated system." This is not the first time workers have complained of being traded in for new AI tech.
Persons: Matías, Zavia, Arvind Krishna Organizations: O Media, Service, GMG Union, The Writers Guild of America, Gizmodo, Media, Companies, IBM Locations: Wall, Silicon, Spanish, East
ChatGPT skills can help you get hired — but most people are using AI just for fun, a new study says. (That compares to 17% of all age groups who said they're using AI for job searching.) Yet, it could be only a matter of time before generative AI users start taking the technology more seriously. AdvertisementAdvertisementEven big tech companies like Meta and Netflix are looking for AI skills in new hires and are paying salaries between $137,000 to $900,000 to attract generative AI talent. "It's somebody using AI that will take your job."
Persons: , Zers, it's, ChatGPT, X, ResumeBuilder, Richard Baldwin Organizations: Service, Meta, Netflix Locations: Wall, Silicon, San Francisco, UK, Australia, India
NEW YORK, Sept 7 (Reuters) - Artificial intelligence startup Brand Engagement Network (BEN) on Thursday agreed to go public through a merger with a blank check acquisition company in a deal valuing the combined company at $358 million. The deal with DHC Acquisition Corp (DHCA.O) will provide Brand Engagement Network with about $40 million in gross proceeds, the company said, confirming an earlier Reuters report. Headquartered in Jackson, Wyoming, Brand Engagement Network is a provider of AI-powered chatbots and conversational AI technology to companies in industries like automotive, healthcare, and customer service. Brand Engagement Network's AI offerings help companies with services, including data leakage prevention and identity verification. SPACs are shell companies that raise money in an initial public offering and put it in a trust for the purpose of merging with a private company and taking it public.
Persons: “ BEN, doesn't, ” Said Chris Gaertner, ChatGPT, SPACs, Cohen, Echo Wang, Anirban Sen, Leslie Adler, David Gregorio Our Organizations: DHC Acquisition Corp, DHC, Brand, Acquisition Corp, Nasdaq, Cohen & Company Capital Markets, Thomson Locations: PitchBook, Jackson , Wyoming, New York
Tencent has said it was internally testing its Hunyuan AI model on advertising and fintech. Tencent is integrating Hunyuan's capabilities with its existing products for video conferencing and social media, Tong told CNBC. The company operates WeChat, a widely used messaging and payments app in China, and video conference platform Tencent Meeting. Baidu and several other Chinese companies received the green light in the last few weeks to release AI-powered chatbots to the public. "The constraint that we're facing will hinder the progress, the speed of development," Tong told CNBC in response to a question about U.S. restrictions.
Persons: Dowson Tong, Tencent, Tong, Ernie, ChatGPT Organizations: CNBC, Baidu Locations: China, Beijing
A man walks outside the Tencent headquarters in Nanshan district of Shenzhen, Guangdong province, China September 2, 2022. REUTERS/David Kirton/File Photo Acquire Licensing RightsHONG KONG, Sept 6 (Reuters) - China's internet giant Tencent Holdings (0700.HK) said that it will unveil an artificial intelligence (AI) chatbot on Thursday, according to a social media post it published on Wednesday. The post featured a demo conversation a user had with the AI chatbot, which helped the user write promotional materials. Tencent has been developing its own AI model named "Hunyuan" for months and the company said last month that it was expanding the test of the model internally. Reuters reported in February that the company formed a team to develop a ChatGPT-like chatbot named "HunyuanAide" at the time.
Persons: David Kirton, chatbot, Tencent, Josh Ye, Jacqueline Wong Organizations: REUTERS, Tencent Holdings, HK, Baidu Inc, SenseTime, Reuters, Thomson Locations: Nanshan district, Shenzhen, Guangdong province, China, HONG KONG
Google is about to celebrate its 25th birthday but all its CEO can think about is AI. CEO Sundar Pichai said in a blogpost that AI "may be bigger than the internet itself." Google has focused more on AI after ChatGPT threatened to rock its core business earlier this year. But its CEO can't help but think about how AI is about to be a much bigger deal. In the Tuesday blogpost, Pichai said AI represented a "fundamental rewiring of technology and an incredible accelerant of human ingenuity."
Persons: Sundar Pichai, Larry Page, Sergey Brin, OpenAI's ChatGPT, Pichai, Brin, Bard Organizations: Google, Service, London Locations: Wall, Silicon
Dan’s research and teaching focus is on using AI for legal services and the regulation of AI in society. For instance, we can develop AI tools to help individuals understand their responsibilities and rights, and preserve and enforce those rights. People in businesses, large and small, are already using chatbots, AI assistants and other AI tools to help them comply with laws, regulations and internal policies. Additionally, new roles are emerging in the legal industry, such as legal engineers who build systems, legal data scientists and legal operations professionals. AI tools will then quickly re-optimize decisions associated with inventory shipments, staffing and promotions.
Persons: ” That’s, Dropbox, Goldman Sachs, isn’t, Erich S, Huang, ” Erich S, Huang I’ve, Regina Barzilay, Barzilay, Geoffrey Hinton, radiologists, , , Daniel W, Linna, Dan, , ” Daniel W, Refik, Anadol, , Adam Elmachtoub, Nisreen, Theodore Kim, don’t, ” Theodore Kim Moreover, Janis Joplin, Jackie Jormp, We’re, Baz Luhrmann’s “, Gatsby, That’s, Leonardo DiCaprio, mockbusters, Eirini, GitHub Copilot, Ashok Goel, Jill Watson, ” Ashok Goel, Kristen DiCerbo, Alireza, Davis Organizations: CNN, CNET, International Association of Machinists, Aerospace Workers, Informatics, Verily, Duke Health, Biomedical Informatics, Duke University School of Medicine, Adobe, Apple, Electrical Engineering, Computer Science Department, MIT, Jameel Clinic, Machine Learning, MacArthur, National Academy of Engineering, American Academy of Arts and Sciences, Northwestern’s Pritzker School of Law, McCormick School of Engineering, Northwestern University’s CS, Center, Better Housing, UCLA’s Department of Design Media Arts, The Museum, Modern Art, Centre Pompidou, Walt Disney Concert, Department of Industrial Engineering, Research, Columbia University, NBA, Spice, Digital Organisation and Society, Royal Holloway, University of London, UK Academy of Information Systems, Yale, Pixar, Technical, Writers Guild of America, SAG, Hollywood, YouTube, Tech, Developers, Georgia Institute of Technology, National AI, Adult, Education, US National Science Foundation, Georgia Tech, Khan Academy, Systems, Studies, Agricultural Engineering, University of California, university’s, Agriculture, Labor Locations: outplacement, Iceland
An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsBEIJING, Sept 5 (Reuters) - More than 70 large artificial intelligence language models with over 1 billion parameters have been released in China, Baidu Inc (9888.HK) CEO Robin Li told an industry event in Beijing on Tuesday. Baidu joins several other Chinese companies that launched AI chatbots last week after securing regulatory approval for mass market releases. These include facial recognition firm SenseTime (0020.HK) and AI startups Baichuan Intelligent Technology, Zhipu AI, and MiniMax. Li said the latest version of Baidu's AI chatbot, Ernie 3.5, has processing speed twice that of the previous version with 50% improved efficiency.
Persons: Aly, Robin Li, Baidu, Li, Ernie, Yelin Mo, Brenda Goh, Muralikumar Organizations: Artificial Intelligence, REUTERS, Rights, Baidu Inc, HK, Technology, Baidu, Thomson Locations: Shanghai, China, Rights BEIJING, Beijing
China's 360 and iFlytek release AI models to public
  + stars: | 2023-09-05 | by ( Josh Ye | ) www.reuters.com   time to read: +1 min
AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBEIJING, Sept 5 (Reuters) - China's 360 Security Technology (601360.SS) and iFlytek (002230.SZ) on Tuesday became the latest tech firms to release their artificial intelligence (AI) models to the public. Unlike other countries, China requires companies to submit security assessments and receive clearance before AI products can be available for anyone to use. Authorities have recently accelerated efforts to support companies developing AI as the technology increasingly becomes a focus of competition with the United States. Hefei-based iFlytek, best known for it voice recognition technology, said it was launching its "Spark" AI model while Beiing-based 360 Security Technology, best known for its antivirus software, launched its its AI model "Zhinao", according to the state-backed Securities Times.
Persons: Dado Ruvic, Josh Ye, Jacqueline Wong, Edwina Gibbs Organizations: REUTERS, Rights, Security Technology, Authorities, Securities Times, Baidu Inc, HK, SenseTime, Thomson Locations: Rights BEIJING, China, United States, Hefei, Hong Kong, Beijing
He discovered AI using Dall-E in 2021 and later became enthralled by ChatGPT and other AI tools. By selling AI products and using AI tools, Winfield made $2.7 million in the last 6 months. I no longer had to manage the agency and had more time on my hands to explore AI tools. AdvertisementAdvertisementWe earn revenue by teaching people how to use AI tools, but we also use AI tools to maximize our revenue. Otherwise, all the new AI tools can become just shiny objects.
Persons: Chris Winfield, ChatGPT, Winfield, I'd, Jasper, Copy.AI, Jen Gottlieb, Dall, Jen, you've, upermeme.AI, Supermeme, WooSender, we've, We've Organizations: Service, Super Connector Media, Media, Facebook, Super Locations: Wall, Silicon
The Chinese government recently approved several generative AI chatbots for public use. Baidu's new Ernie AI chatbot weighed in on the future of Taiwan. Zhipu, from shopping-platform Meituan, gave the best results, he said, though "all the Chinese bots have catching up to do." On Taiwan: When the reporter asked these AI bots whether Taiwan is a country, Ernie declared that a Chinese military takeover of Taiwan is possible, according to the report. When the reporter asked these AI bots whether Taiwan is a country, Ernie declared that a Chinese military takeover of Taiwan is possible, according to the report.
Persons: Ernie AI chatbot, Baidu's, Ernie, Baidu, SenseTime's SenseChat, Bytedance's, Zheping Huang, Tencent's, SenseTime, Xi Jinping Organizations: Bloomberg News, Morning, Baidu, Reuters, Bloomberg Locations: Taiwan, China
Bumble CEO Whitney Wolfe Herd told Bloomberg in an interview that AI can enhance the dating game. She said AI can help dating app users improve their flirting and can even be good for business. AdvertisementAdvertisementAI has come for your favorite dating apps — and the CEO of Bumble thinks the technology can help users land more dates. AdvertisementAdvertisement"The average US single doesn't date because they don't know how to flirt, or they're scared they don't know how," Wolfe Herd said. Wolf Herde doesn't just think AI can help people flirt better — she said that the technology can help dating apps make more money.
Persons: Bumble, Whitney Wolfe Herd, , Wolfe Herd, Emily Chang, doesn't, Wolf, TikTok, Wolf Herde Organizations: Bloomberg, Morning
Rick Clark, the executive director of undergraduate admission at the Georgia Institute of Technology, and his staff spent weeks this summer pretending to be high school students using A.I. The admissions officers each took on a different high school persona: swim team captain, Eagle Scout, musical theater performer. chatbot to produce the kind of extracurricular activity lists and personal essays commonly required on college applications. “Students on some level are going to have access to and use A.I.,” Mr. Clark said. “The big question is: How do we want to direct them, knowing that it’s out there and available to them?”
Persons: Rick Clark, Clark, ” Mr Organizations: Georgia Institute of Technology, Eagle Scout, , Georgia Tech,
An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsBEIJING, Sept 1 (Reuters) - China's cyberspace regulator has received 110 applications from Chinese technology companies such as Huawei (HWT.UL) and Alibaba (9988.HK) for approvals related to models that can be used to manipulate visual and audio data. This approval process is separate from the CAC's regulation of Chinese tech firms looking to push out generative artificial intelligence (AI) products, which have been in high demand ever since the success of U.S. firm OpenAI's ChatGPT. Five Chinese tech firms, including Baidu Inc (9888.HK) and SenseTime Group (0200.HK), on Thursday launched AI chatbots to the public after receiving government approval. Reporting by Eduardo Baptista, Josh Ye, and Brenda Goh Editing by David Goodman and Mark PotterOur Standards: The Thomson Reuters Trust Principles.
Persons: Aly, OpenAI's, chatbots, Eduardo Baptista, Josh Ye, Brenda Goh, David Goodman, Mark Potter Organizations: Artificial Intelligence, REUTERS, Rights, Huawei, HK, Cyberspace Administration of China, CAC, Baidu Inc, SenseTime, Thomson Locations: Shanghai, China, Rights BEIJING
I spent the last week talking with university officials, teachers and high school seniors about the dreaded college admissions essay. And I’ve been thinking a lot about how artificial intelligence tools like ChatGPT, which can manufacture school essays and other texts, might reshape the college application process. I was particularly interested to learn whether admissions officials were rejiggering their essay questions — or even reconsidering personal essays altogether. Amid a deluge of high school transcripts and teacher recommendations, admissions officers often use students’ writing samples to identify applicants with unique voices, experiences, ideas and potential. How might that change now that many students are using A.I.
Persons: chatbots Organizations: The Times
to Write Essays for Harvard, Yale and Princeton. Whether their use on college applications is ethical is the subject of fierce debate. As high school seniors begin working on their college applications, many are turning to A.I. While the chatbots are not yet great at simulating long-form personal essays with authentic student voices, I wondered how the A.I. So I used several free tools to generate short essays for some Ivy League applications.
Persons: Bard, chatbots ’, ChatGPT, Courtney Barnett Organizations: Harvard, Yale, Princeton, Dartmouth, Ivy League
Newton-Rex joined WhatsApp four years ago, leaving her high-level position at London-based financial firm WorldRemit for the new gig. Newton-Rex said Zuckerberg has been "a big part of the team," adding that he regularly speaks with Will Cathcart, the current head of WhatsApp. What's up with WhatsApp's business? In June, Meta said the WhatsApp Business app had quadrupled in the past three years to 200 million monthly active users. The Pew Research Center has previously detailed that WhatsApp is the most popular messaging app used by Hispanic Americans.
Persons: Mark Zuckerberg, WhatsApp, it's, It's, sidelining WhatsApp, Rather, Zuckerberg, Jim Cramer, Alice Newton, Rex, Uber, Newton, WorldRemit, Will Cathcart, Nick Lane, Debra Aho Williamson, Williamson, Jan Koum, Brian Acton, Jan Koum David Ramos, Acton, Koum, Meta, Meta's, that's, Mobilesquared's Lane, Lane Organizations: Facebook, Meta, CNBC, Consumers, Netflix, Insider Intelligence, Getty, Reuters It's, Intelligence, Pew Research Center, Twitter, Cambridge, SMS Locations: WhatsApp, India, Brazil, London, Indonesia, Colombia, Singapore, Newton, U.S, Canada, Spain, Italy, Argentina, North
Morning Bid: Rates dice, AI arms race and G20 snub
  + stars: | 2023-08-31 | by ( ) www.reuters.com   time to read: +5 min
AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration taken, June 23, 2023. Even if that came in slightly above forecasts, an unexpectedly sharp slowdown in the country's service sector ensured another underwhelming reaction. Chinese President Xi Jinping is likely to skip a summit of G20 leaders in India, sources told Reuters. Overall, Asia markets were flat to negative - Europe's bourses were higher and U.S. futures held steady ahead of Thursday's open. Reuters GraphicsReuters GraphicsReuters GraphicsReuters GraphicsBy Mike Dolan, editing by David Evans, <a href="mailto:mike.dolan@thomsonreuters.com" target="_blank">mike.dolan@thomsonreuters.com</a>.
Persons: Dado Ruvic, Mike Dolan, chatbots, Xi Jinping, Premier Li Qiang, Susan Collins, Raphael Bostic, Luis de Guindos, Campbell, David Evans Organizations: REUTERS, Federal Reserve, Baidu, HK, Washington, Reuters, Premier, U.S, Treasury, UBS, Chicago, Boston Federal, Atlanta Fed, European Central Bank, Broadcom, Dollar, Hormel, Reuters Graphics Reuters, Thomson Locations: U.S, Beijing, India, New Delhi, Asia
In this article BIDU Follow your favorite stocks CREATE FREE ACCOUNTPictured here is the Ernie bot mobile interface, with the Baidu search engine home page in the background. Future Publishing | Future Publishing | Getty ImagesBEIJING — Chinese tech giant Baidu announced Thursday its ChatGPT-like Ernie bot was now open to the public at large. Baidu released Ernie bot on March 16. At the time, Li said the company was "still waiting for the green light for large-scale rollout of Ernie bot for use in consumer facing apps." Last week, Opera web browser parent Kunlun Tech released to the public an AI-powered chatbot and search engine called Tiangong AI search.
Persons: Ernie, Baidu, OpenAI's ChatGPT, ChatGPT isn't, China's, Robin Li, Li, Tiangong, Ernie bot Organizations: Ernie, Baidu, Publishing, Getty, CNBC, Google, Facebook, Tech, Microsoft, Bank of America Locations: BEIJING, Beijing, China
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