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☆ Don't worry — the machines won't be as smart as humans for a long time, because they've still got a lot to learn
▼ + stars: | 2024-01-20 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Much of today's most popular AI models, such as OpenAI's GPT-4, are trained on what's publicly available on the internet. It's worth noting that AI models exist today that are pretty effective at generating images, but these are text-to-image models, like Midjourney and Stable Diffusion. Koller also sees issues with today's LLMs. This isn't the first time doubts have been raised about the capacity of today's AI models. Steve Jennings/Getty Images for TechCrunchThis is not to say today's LLMs are useless.

Persons: —, OpenAI's ChatGPT, Bill Gates, Daphne Koller, MacArthur, Koller, Neilson Barnard, chatbots, Yann LeCun, –, today's LLMs, LLMs, that's, Kai, Fu Lee, Steve Jennings Organizations: Economic, Service, Big Tech titans, Google, Microsoft, Getty, Meta Locations: Davos, Switzerland, today's, silico

☆ What the global elite are saying about AI behind closed doors
▼ + stars: | 2024-01-19 | by ( Matt Turner | ) www.businessinsider.com time to read: +8 min

AdvertisementThe annual World Economic Forum just wrapped up in Davos, Switzerland, and talk of artificial intelligence was just about everywhere. AdvertisementPlenty of companies touted their AI wares at the World Economic Forum in Davos this year. Related storiesAt Automation Anywhere, which, as its name suggests, works on automating work, the customer-service team shrank when AI was implemented. Others I spoke to agreed: Many businesses have small-scale AI experiments running, often with promising results so far. These AI projects are expensive, and not every company has the financial or human capital to pursue an ambitious AI strategy.

Persons: Matt Turner, —, Sam Altman, Rob Goldstein, copilots, Jason Girzadas, he'd, Oliver Wyman, Deb Cupp, Mihir Shukla, Ana Kreacic, Shukla, Becky Frankiewicz, Lareina Yee, WEF, Satish H.C, Mustafa Suleyman, DeepMind, Kapilashram, Azeem Azhar, Dan Vahdat Organizations: Economic, Service, Tech, Infosys, IBM, Builder.ai, Cisco, Qualcomm, Salesforce, BlackRock, Deloitte, Microsoft, Oliver Wyman Group, Standard Chartered, McKinsey, Huma Therapeutics Locations: Davos, Switzerland

☆ Mark Zuckerberg is sitting on a mountain of the hottest commodity in tech right now
▼ + stars: | 2024-01-19 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. CEO Zuckerberg expects Meta to have amassed a total of 600,000 GPUs, including Nvidia's A100s and other AI chips, by year-end. That's three times more than to companies including Google, Amazon, and Oracle, Omdia estimates. Last September, Microsoft's chief technology officer Kevin Scott said that the tech company is finding it easier to get hold of Nvidia's chips, CNBC reported. AdvertisementStill, Zuckerberg said that Meta's current arsenal of Nvidia AI chips may spell trouble for other companies who want to cash in on the hype.

Persons: —, Mark Zuckerberg, Zuckerberg, Raymond James, OpenAI's, Ray, hasn't, it'll, Meta didn't, Kevin Scott Organizations: Service, Business, Nvidia, Omdia Research, Google, Oracle, Microsoft, CNBC, Meta Locations: Meta's

☆ Nvidia and AMD shares hit record highs on AI chip surge
▼ + stars: | 2024-01-18 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

AMD and Nvidia hit all-time highs on Thursday as investors continue to clamor for shares of the companies building chips that power artificial intelligence. AMD shares rose over 1% during trading on Thursday to reach its highest-ever closing price, $162.67, while Nvidia, rose just under 2% to $571.07. Both companies have notched double-digit percentage gains to start the year after an explosive 2023 in which AMD shares popped 127.6% and Nvidia stock rocketed 238.8%. Analysts also see AMD improving its AI software, eliminating one major reason why Nvidia chips were preferred over AMD's. On Thursday, Taiwan Semiconductor Manufacturing Company , which manufactures Nvidia and AMD chips, reported better-than-expected sales.

Persons: Jensen Huang, they're, C.C, Wei, Goldman Sachs, Toshiya Hari, Mark Zuckerberg Organizations: Nvidia, AMD, Investors, Taiwan Semiconductor Manufacturing Company, Meta

Sam Altman, chief executive officer of OpenAI, at the Hope Global Forums annual meeting in Atlanta, Georgia, US, on Monday, Dec. 11, 2023. OpenAI CEO Sam Altman says concerns that artificial intelligence will one day become so powerful that it will dramatically reshape and disrupt the world are overblown. "It will change the world much less than we all think and it will change jobs much less than we all think," Altman said at a conversation organized by Bloomberg at the World Economic Forum in Davos, Switzerland. "Yes, for sure, I think that's something to think about," Altman said. WATCH: OpenAI, Microsoft and NYT will likely reach a settlement

Persons: Sam Altman, Altman, OpenAI's, StrictlyVC, Donald Trump's Organizations: Hope, Bloomberg, Economic, Microsoft, Iowa Republican Locations: Atlanta , Georgia, Davos, Switzerland, Iowa, OpenAI

☆ Microsoft brings Copilot AI assistant to small businesses and launches a premium tier for individuals
▼ + stars: | 2024-01-15 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft said on Tuesday that small businesses can now subscribe to its Copilot virtual assistant in the company's productivity apps. And consumers who pay for the Microsoft 365 software can sign up for a new paid version of Copilot. But those who pay for Microsoft 365 Personal and Family subscriptions haven't been able to use it in Word, Excel, Outlook and other apps. Those with Copilot Pro receive "priority access to the very latest models — starting today with OpenAI's GPT-4 Turbo," Mehdi wrote. "Whether you need advanced help with writing, coding, designing, researching or learning, Copilot Pro brings greater performance, productivity and creativity," Mehdi wrote.

Persons: chatbot, Satya Nadella, Nadella, Yusuf Mehdi, Microsoft's, haven't, OpenAI's, Mehdi, Melius, Ben Reitzes Organizations: Microsoft, Investors, Google, Apple, Microsoft's Ignite, Windows, Bing, Copilot Locations: Seattle, copilot.microsoft.com

☆ OpenAI's GPT Store is being flooded by AI girlfriend bots despite explicit rules that prohibit them
▼ + stars: | 2024-01-15 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

GPT Store is playing host to several "girlfriend" bots, despite explicit rules against them. OpenAI launched the hotly anticipated marketplace on Wednesday. First announced two months ago, the store is a marketplace for AI apps built with OpenAI's technology. Analysis from Quartz showed, however, that searching for "girlfriend" on the company's new marketplace brings up at least eight of the romantic AI chatbots. Examples found by the outlet included "Korean Girlfriend," "Virtual Sweetheart," "Your girlfriend Scarlett," and "Your AI girlfriend, Tsu✨."

Persons: OpenAI, —, Scarlett, Tsu Organizations: Service

☆ Leaked presentation reveals how Microsoft built one of its top AI products, from cherry picking outputs to pitching government clients
▼ + stars: | 2024-01-10 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +9 min

GPU supply problemsOriginally, Microsoft was working on its own machine-learning models for security use cases, according to the presentation by Microsoft Security Research partner Lloyd Greenwald. AdvertisementThe pitchThe pitch centered around the benefits of mostly using a single universal AI model rather than many individual models. "Today, our Early Access Program customers regularly share their satisfaction with the latest version of Security Copilot." He also mentioned ServiceNow connectors, and information from Microsoft Defender, the company's antivirus software, along with other sources of security data. It described Security Copilot as a "closed-loop learning system," that gets feedback from users and improves over time.

Persons: —, Lloyd Greenwald, Greenwald, Frank Shaw, Shaw, Microsoft's Shaw, Kevin Scott, Satya Nadella, Eric Douglas, doesn't Organizations: Service, Business, Microsoft, Microsoft Security Research, BI, Microsoft Sentinel Locations: GPT

☆ GPT and other AI models can't analyze an SEC filing, researchers find
▼ + stars: | 2023-12-19 | by ( Kif Leswing | ) www.cnbc.com time to read: +4 min

Patronus AI co-founders Anand Kannappan and Rebecca Qian Patronus AILarge language models, similar to the one at the heart of ChatGPT, frequently fail to answer questions derived from Securities and Exchange Commission filings, researchers from a startup called Patronus AI found. "That type of performance rate is just absolutely unacceptable," Patronus AI co-founder Anand Kannappan said. It feels like just testing by inspection," Patronus AI co-founder Rebecca Qian said. Here's some examples of questions in the dataset, provided by Patronus AI: Has CVS Health paid dividends to common shareholders in Q2 of FY2022? How the AI models did on the test

Persons: Anand Kannappan, Rebecca Qian Patronus, OpenAI's, ChatGPT, they're, Rebecca Qian, FinanceBench, Qian Organizations: Securities, Exchange, CNBC, SEC, Bloomberg, JPMorgan, McKinsey, Microsoft, Facebook, Meta, Lightspeed Venture Partners, Patronus, CVS, AMD, Coca

☆ Broadcom stock spikes to new yearlong high
▼ + stars: | 2023-12-11 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +1 min

Broadcom shares jumped 9% Monday after Citigroup resumed its coverage of the stock with a buy rating and updated its price target to $1,100. Broadcom bought VMware in November to bolster its cloud technology infrastructure that it sells to other businesses. Citigroup's bullishness is largely because it believes Broadcom is well-positioned to earn money from the AI boom. "We expect sales from AI infrastructure to double from $4 billion in F23 (11% of F23 sales) to over $8 billion in F24 (17% in F24 sales)," the analysts wrote. Broadcom reported solid earnings for its fiscal fourth quarter last Thursday, which gave its shares a 2.4% boost to $944.30 at Friday's market close.

Persons: it's, bullishness, — CNBC's Michael Bloom Organizations: Broadcom, Citigroup, VMware, Google, Comcast, Nvidia

☆ Elon Musk's AI startup — X.AI — files to raise $1 billion in fresh capital
▼ + stars: | 2023-12-05 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Elon Musk speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City. X.AI, an artificial intelligence startup founded by Elon Musk, has filed with the SEC to raise up to $1 billion in an equity offering. The AI startup, which Musk announced in July, seeks to "understand the true nature of the universe," according to its website. Last month, X.AI released a chatbot called Grok, which the company says is modeled after "The Hitchhiker's Guide to the Galaxy." — CNBC's Lora Kolodny contributed to this reportWATCH: Elon Musk's X.AI launches 'Grok'

Persons: Elon Musk, Musk, X.AI, didn't, OpenAI, Sam Altman, Google's Bard, Claude chatbot, Tesla, They've, DeepMind's AlphaCode, OpenAI's, — CNBC's Lora Kolodny, Elon Musk's X.AI Organizations: New York Times, Jazz, Lincoln Center, Elon, SEC, Google's, Nvidia, SpaceX, Boring Company, X Corp, DeepMind, Google Research, Microsoft Research, Twitter, Tesla, X.AI Locations: New York City, Nevada

☆ Here's an exclusive look at the pitch deck that Martian, an AI startup that helps developers find the best LLM, used to raise $9 million from investors like NEA and Prosus Ventures
▼ + stars: | 2023-12-05 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +3 min

They set up a 30-minute meeting because of their shared interest in advancing AI technology and research. Now, the company has come out the gate with $9 million in seed funding in a round co-led by NEA and Prosus Ventures. "You often need an entire AI team to go and test and evaluate these models," Ginsburg said. Going forward, Ginsberg and Upadhyay hope to attract more enterprise customers and continue their research into AI models to make routing even more efficient and "build more awesome tooling." See the eight-slide deck that convinced investors at NEA, Prosus Ventures, Carya Venture Partners, and General Catalyst to invest in Martian's $9 million seed round:

Persons: Etan Ginsberg, Shriyash Upadhyay, cofounders, Upadhyay, Catalyst, Claude —, Ginsburg, Ginsberg weren't, Ginsberg Organizations: University of Pennsylvania, Business, NEA, Prosus Ventures, Carya Venture Partners, Catalyst

☆ TikTok's owner is working on a rival chatbot builder to OpenAI, a new report says
▼ + stars: | 2023-12-04 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

ByteDance is launching a chatbot-building service to rival OpenAI, per the South China Morning Post. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementByteDance is joining the AI arms race as it reportedly prepares to launch a rival to OpenAI's "GPTs." ByteDance did not immediately respond to a request for comment from Business Insider made outside normal working hours.

Persons: OpenAI, —, Sam Altman, ByteDance Organizations: China Morning, Service, South China Morning, South China Morning Post, Baidu, Business Locations: Silicon, Montana

☆ Google has quietly pushed back the launch of next-gen AI model Gemini until next year, report says
▼ + stars: | 2023-12-03 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

The launch of Google's anticipated AI model, Gemini, has been delayed, The Information reported. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe world will have to wait a little longer before we can experience the launch of Google's most complex artificial intelligence model to date. Though already Google has its own generative AI model called Bard, ChatGPT has so far enjoyed stronger consumer awareness — but analysts argue that could change when Gemini finally launches.

Persons: —, Gemini, I've, Sissie Hsiao, Google's, Bard, Hsiao, ChatGPT Organizations: Service, Google, Business, Gemini Locations: New York, Washington, California

☆ The world is splitting between those who use ChatGPT to get better, smarter, richer — and everyone else
▼ + stars: | 2023-12-01 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

There is growing evidence that artificial intelligence tools such as ChatGPT can make you more efficient and capable at work. And the effect will be particularly noticeable if no one else in the company is using AI in this way. All said that outsourcing time-consuming, small jobs to AI tools freed up their time. AI at work still needs careful handlingThere are obvious caveats to using AI to do your work for you. Some companies also have specific rules for AI tools due to fears around copyright or data security.

Persons: ChatGPT, —, OpenAI's, techies, Google's, Matt Calkins, Appian, It's, Shakespeare, Shona Ghosh Organizations: Service, Harvard Business School, Boston Consulting, Developers, Microsoft, Workers

☆ I tried Microsoft's AI-powered assistant, Copilot. The tool helpfully attends meetings and summarizes emails, but it's best to treat it as a rookie intern.
▼ + stars: | 2023-11-24 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

The tool can go to meetings for you, write emails, and summarize documents. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The AI-productivity tool can summarize documents, write emails, and go to meetings for you. When enabled on a Teams call, Copilot can record meetings, provide a transcript, and separate the subjects discussed into clips called "chapters." Microsoft encourages companies to train their workers not to treat AI like an infallible search tool.

Persons: Copilot, —, It's, it's, OpenAI's GPT, company's DALL, Bing Organizations: Microsoft, Service, Workers

☆ How Meta could benefit from the OpenAI shakeup
▼ + stars: | 2023-11-22 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

It could help Meta boost its open-source Llama AI initiatives, as some companies look to diversify away from relying on a single company's large language model. Its AI research team is considered, with Alphabet's DeepMind, one of the most esteemed groups in the tech industry. Yann LeCun, Meta's AI chief, responded to the post with a curt "Yup." Meta could benefit if companies continue to seek multiple AI vendors, much like firms now rely on multiple cloud providers. The more developers access and improve Llama, the more Meta can potentially lower its overall operating and technology research costs, among other benefits.

Persons: Mark Zuckerberg, Sam Altman's, There's, Satya Nadella, Altman, Nadella, Zuckerberg, Meta, Alphabet's DeepMind, MSFT, Yann LeCun, curt, Yup, Sam Altman Organizations: Microsoft, Meta, Technologists, Twitter, CNBC

At his startup Log10, Bansal oversees the production of tools that third-party developers can use to build LLM-powered applications. Since the OpenAI drama unfolded, Bansal told CNBC the startup's instability was a reason customers cited. A spokesperson for OpenAI declined to comment but said the startup's services are working again following three hours of issues. One founder of an AI startup, who asked not to be named in order to discuss internal matters, said he uses multiple application program interfaces from OpenAI and has considered switching to offerings from Anthropic, the AI startup founded by former OpenAI executives with backing from Amazon and Google . The source, who previously worked alongside Shear, said Shear is "very smart" and admires his integrity.

Persons: Jaap Arriens, Sam Altman, Arjun Bansal, Bansal, Altman, Emmett Shear, Satya Nadella, OpenAI, Greg Brockman, There's, Shear, he's, Martin Kon, Kon, Anthropic, Srinivas Narayanan, Steven Heidel, Nadella, CNBC's Jon Fortt Organizations: Nurphoto, CNBC, Microsoft, Amazon, Google Locations: OpenAI, LLMs, Anthropic

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNov 20 (Reuters) - OpenAI's board of directors approached rival Anthropic's CEO about replacing chief Sam Altman and potentially merging the two AI startups, according to two people briefed on the matter. The news, reported earlier by The Information on Monday, follows various reported calls to find Altman's successor days after OpenAI's board ousted him. OpenAI declined to comment and board member Adam D'Angelo did not immediately respond to a request for comment. On Sunday the board offered ex-Twitch CEO Emmett Shear to be its interim chief, who accepted. By Monday, nearly all of the startup's more than 700 employees threatened to quit, including one of its executives on OpenAI's now four-person board.

Persons: Dado Ruvic, Sam Altman, Dario Amodei, OpenAI's, OpenAI, Adam D'Angelo, Emmett Shear, Altman, Anthropic, Claude, Jeffrey Dastin, Urvi, Nivedita Bhattacharjee, Sam Holmes Organizations: REUTERS, Sunday, Microsoft, OpenAI, Google, Thomson Locations: San Francisco, Bengaluru

☆ The most surprising detail of Altman's ouster might be the fact that OpenAI fired him over a Google Meet call
▼ + stars: | 2023-11-19 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Sam Altman was fired via Google Meet, according to his former colleague Greg Brockman. The ChatGPT maker abruptly fired its CEO, Sam Altman, around noon on Friday, shocking many inside and outside of the company. Was that a snub to Microsoft, OpenAI's lead investor, which makes its own set of workplace communication tools ? They fired Sam Altman on Google Meet? Another person joked on X, "Altman getting fired via Google Meet says everything you need to know about Microsoft Teams."

Persons: Sam Altman, Greg Brockman, —, Brockman, Altman, That's, Taksale, Bing, OpenAI's GPT, Mira Murati Organizations: Google, Microsoft, Service, OpenAI Locations: OpenAI, Rishikesh

☆ I quit my product manager job to start an AI company, and it felt like jumping off a cliff. Here's how I pivoted into tech's hottest field.
▼ + stars: | 2023-11-17 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Justin Fineberg quit his job as product manager job at Blade to start Cassidy, a startup that helps businesses create their own AI assistants. Earlier this year, I quit my job as a product manager at Blade to start my own AI company. AdvertisementAt the beginning of 2022, I started working at Blade, the Uber for helicopters, as a product manager. Quitting my job to start an AI company felt like jumping off a cliffMonths later, it was clear to me that I wanted to pursue a career in AI. AdvertisementQuitting my job to start an AI company felt like jumping off a cliff.

Persons: Justin Fineberg, Cassidy, Fineberg, Insider's Aaron Mok, —, Uber, ChatGPT, I've, Cassidy.ai, OpenAI Organizations: Service, University of Michigan, OpenAI Locations: New York

☆ This video of David Attenborough narrating a programmer's life shows Hollywood actors were right to be afraid of AI
▼ + stars: | 2023-11-16 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

A programmer has created an AI version of David Attenborough to narrate his life. AdvertisementIf you've ever wanted acclaimed broadcaster and documentary filmmaker Sir David Attenborough to narrate your life, you're not alone — and you don't have to keep merely wishing for it anymore. He's been posting quirky experiments with AI on X — like one that uses AI to recommend how you should correct your posture. And it's made possible by combining OpenAI's GPT-4-vision — an AI model that can describe what it sees — and code from Elevens Lab, an AI voice startup. One X user wrote, "I'm going to get David Attenborough to narrate videos of my baby learning how to eat broccoli."

Persons: David Attenborough, Salma Hayek —, —, you've, Sir David Attenborough, Charlie Holtz, Holtz, Attenborough, @charliebholtz, Salma Hayek, Annie Murphy —, it's, Justine Bateman, Bateman Organizations: Service, Elevens Lab, Hollywood, Actors

☆ A $699, screen-free smartphone that projects a green laser onto your hand is about to hit the market: report
▼ + stars: | 2023-11-09 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Its founders believe their screenless AI Pin will usher in an era beyond the typical smartphone. The Verge wrote that the documents showed the AI Pin is essentially a "$699 wearable smartphone without a screen." The AI Pin hopes to trounce the smartphoneHumane's founders, ex-Apple designers Imran Chaudhri and Bethany Bongiorno, envision their AI Pin as the first step toward a world that's moved beyond the typical smartphone and tech addiction. At a TED Talk in April, Chaudhri demonstrated showing the AI Pin a Milky Bar and asking it if he could eat the candy. The Coperni fashion show in Paris during Paris Fashion Week, September 29 2023.

Persons: —, Imran Chaudhri, Bethany Bongiorno, Julia Black, Chaudhri, iNvxbSmYUk, 0GqAiR2reT, Jonas Gustavsson, Naomi Campbell Organizations: Service, Apple, OpenAI's, TED, Paris, The Washington, Getty Locations: Paris

The model, codenamed as “Olympus”, has 2 trillion parameters, the people said, which could make it one of the largest models being trained. OpenAI's GPT-4 model, one of the best models available, is reported to have one trillion parameters. As head scientist of artificial general intelligence (AGI) at Amazon, Prasad brought in researchers who had been working on Alexa AI and the Amazon science team to work on training models, uniting AI efforts across the company with dedicated resources. It has also partnered with AI model startups such as Anthropic and AI21 Labs, offering them to Amazon Web Services (AWS) users. Training bigger AI models is more expensive given the amount of computing power required.

Persons: OpenAI's, Rohit Prasad, Andy Jassy, Prasad, Krystal Hu, Gerry Doyle Organizations: Reuters, Alexa, AI21 Labs, Amazon Web Services, Amazon, Thomson Locations: San Francisco

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