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☆ Google nears release of AI software Gemini - The Information
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

Sept 14 (Reuters) - Alphabet's (GOOGL.O) Google has given a small group of companies access to an early version of Gemini, its conversational artificial intelligence software, The Information reported on Thursday, citing people familiar with the matter. Gemini is intended to compete with OpenAI's GPT-4 model, according to the report. Google has intensified investments in generative AI this year as it plays catch-up after Microsoft-backed OpenAI's launch of ChatGPT last year took the tech world by storm. It is also expected to help software engineers write code and generate original images based on what users ask to see. The search and advertising giant plans to make Gemini available to companies through its Google Cloud Vertex AI service.

Persons: OpenAI's, Rishabh, Sherry Jacob, Phillips Organizations: Google, Microsoft, Thomson Locations: India, Japan, Bengaluru

☆ Nvidia has a stranglehold on AI companies as a chip shortage begins to bite. This rival CEO is eager to offer an alternative.
▼ + stars: | 2023-09-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Nvidia's GPUs have become a vital resource in the race to develop AI models like GPT-4. Huge demand for GPUs has created a shortage that risks stunting AI development. In other words, Nvidia has a stranglehold on companies looking to accelerate the development of their AI models in ways that could revolutionize how the entire economy operates. AdvertisementAdvertisementHaving a more advanced bit of hardware isn't enough to pry companies away from Nvidia. It's also working on its own software, known as Poplar, to offer that same kind of plug-and-play usability as Nvidia.

Persons: Nigel Toon, Google's Bard, Jensen Huang, Graphcore, Toon, It's, we'll, they'll Organizations: Service, Nvidia, Sequoia Locations: Wall, Silicon, Graphcore, China

☆ LinkedIn cofounder Reid Hoffman thinks pausing AI development is 'foolish' and 'anti-humanist'
▼ + stars: | 2023-09-14 | by ( Sawdah Bhaimiya | Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Reid Hoffman dismissed efforts to pause AI development in an interview at CogX Festival. Hoffman compared the development of AI to cars which also posed many risks and dangers at first. Hoffman pointed to other powerful technologies built in the past as an example of why the letter didn't have a logical basis. AdvertisementAdvertisement"When we built the car, we didn't know about safety belts, we didn't know about window washers, we didn't know about the crumple zone," Hoffman told the audience. Experts are divided on their opinions about the rapid development of AI.

Persons: Reid Hoffman, Elon, Hoffman, Elon Musk, Steve Wozniak, Pinterest, Evan Sharp, Emad Mostaque, we'd, Eliezer Yudkowsky Organizations: CogX, Service, Apple, Greylock Partners Locations: Wall, Silicon, London, OpenAI

☆ From rolling out OpenAI's GPT-4 to employees to preventing $27 billion in fraud, Visa exec Rajat Taneja opens up about the payments giant's AI playbook
▼ + stars: | 2023-09-14 | by ( Bianca Chan | ) www.businessinsider.com time to read: +4 min

Visa relies on AI for mission-critical tasks like processing payments, detecting fraud, and securing its massive network infrastructure. It has more than 300 AI models that are live and operating. "AI is going to be a huge part of how we grow, but it'll also be part and parcel of everybody's work," Taneja said. Visa continues to experiment with similar AI models, like Meta's AI model Llama 2 and those from French-American company Hugging Face, Taneja said. Visa introduced AI models that ingest billions of data points every day to train on, learn patterns, and identify any cybersecurity or payment-security threats.

Persons: It's, Rajat Taneja, it'll, Taneja, it's, coder, counterfeits Organizations: Visa, Microsoft Locations: American

☆ EY has created its own large-language model — and says it will train all 400,000 employees to use it as part of a $1.4 billion investment
▼ + stars: | 2023-09-14 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

The consulting giant announced a new AI platform and its own large language model. The company now plans on teaching its 400,000 employees how to use AI in the workplace. AdvertisementAdvertisementClient data will not be used to train the model, the company added, and any prompts fed to EY.ai EYQ "are not retained or used by the model," an EY spokesperson told Insider. The company will train all 400,000 of its employees to use the technology, a spokesperson told Insider. Last December, Deloitte announced a $1.4 billion investment in professional development services, including trainings on how to use AI.

Persons: Ernst, Young, Carmine Di Sibio, EY, PwC Organizations: Service, Ernst, Street Journal, Microsoft, Big, KPMG, Deloitte, Walmart, Meta, Netflix Locations: Wall, Silicon

☆ Employees are increasingly getting 'AI Anxious' — they're worried about falling behind on AI and even pretending to be 'in the know' to colleagues
▼ + stars: | 2023-09-14 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

According to a new LinkedIn report, nearly half of the employees surveyed say they are worried they don't know enough about AI. Nearly 40% said they pretend they know more about AI to seem 'in the know' in front of colleagues. Nearly half, or 49% of the employees surveyed, said they are worried they should know more about AI than they do. Nearly 40% of those surveyed admitted to pretending they know more about AI to seem "in the know" in front of colleagues, per the report. As tools like ChatGPT seep into the workplace, workers have been worried about being replaced by AI.

Persons: Canada —, Goldman Sachs Organizations: LinkedIn, Service, International Labour Organization Locations: Wall, Silicon, Canada, twentyfold

WASHINGTON, Sept 13 (Reuters) - Tesla (TSLA.O) CEO Elon Musk called on Wednesday for a U.S. "referee" for artificial intelligence after he, Meta Platforms (META.O) CEO Mark Zuckerberg, Alphabet (GOOGL.O) CEO Sundar Pichai and other tech CEOs met with lawmakers at Capitol Hill to discuss AI regulation. Musk said there was need for a regulator to ensure the safe use of AI. "It's important for us to have a referee," Musk told reporters, comparing it to sports. Musk confirmed he had called AI "a double-edged sword" during the forum. Other attendees included Nvidia (NVDA.O) CEO Jensen Huang, Microsoft (MSFT.O) CEO Satya Nadella, IBM (IBM.N) CEO Arvind Krishna, former Microsoft CEO Bill Gates and AFL-CIO labor federation President Liz Shuler.

Persons: Elon Musk, Mark Zuckerberg, Sundar Pichai, Musk, Zuckerberg, Chuck Schumer, Todd Young, Leah Millis, Mike Rounds, Rounds, Jensen Huang, Satya Nadella, Arvind Krishna, Bill Gates, Liz Shuler, Schumer, Joe Biden's, David Shepardson, Moira Warburton, Mike Stone, Jonathan Oatis, Rosalba O'Brien, David Gregorio Our Organizations: Capitol, Lawmakers, Democratic, Republican, Intelligence, Senate, U.S, REUTERS, Nvidia, Microsoft, IBM, AFL, Regulators, Adobe, Google, Thomson Locations: Washington , U.S

☆ EY rolls out AI-powered platform after $1.4 bln tech investment
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +1 min

The EY company logo is seen at their headquarters in London, Britain, April 16 2023. The EY.ai platform has AI-embedded versions of the firm's products like the data management product EY Fabric, which is used by 60,000 clients, the company said. Every business is considering how it will be integrated into operations and its impact on the future," EY Global Chairman and CEO Carmine Di Sibio said. EY said it plans to train its staff in the technology and will release a large-language model (LLM) called EY.ai EYQ. Reporting by Jaspreet Singh in Bengaluru; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.

Persons: Peter Nicholls, EY, Carmine Di Sibio, Thomson, Jaspreet Singh, Pooja Desai Organizations: REUTERS, KPMG, Accenture, Dell, SAP, Thomson Reuters, Reuters News, Thomson Locations: London, Britain, Bengaluru

☆ Musk, Zuckerberg, Gates to join US senators for AI forum
▼ + stars: | 2023-09-13 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

Microsoft President Brad Smith, Nvidia's chief scientist William Dally, and Professor Woodrow Hartzog wait to testify before a Senate Judiciary Privacy, Technology, and the Law Subcommittee hearing on "Oversight of A.I. : Legislating on Artificial Intelligence" on Capitol Hill in Washington, U.S., September 12, 2023. Other expected attendees include feature OpenAI CEO Sam Altman, Nvidia (NVDA.O) CEO Jensen Huang, Microsoft (MSFT.O) CEO Satya Nadella, IBM (IBM.N) CEO Arvind Krishna, former Microsoft CEO Bill Gates, AFL-CIO President Liz Shuler and Senators Mike Rounds, Martin Heinrich, and Todd Young. Microsoft President Brad Smith told a Senate Judiciary subcommittee on Tuesday Congress should "require safety brakes for AI that controls or manages critical infrastructure." Smith compared AI safeguards to requiring circuit breakers in buildings, school buses having emergency brakes and airplanes having collision avoidance systems.

Persons: Brad Smith, William Dally, Woodrow Hartzog, Leah Millis, Elon Musk, Mark Zuckerberg, Sundar Pichai, Chuck Schumer, ChatGPT, Sam Altman, Jensen Huang, Satya Nadella, Arvind Krishna, Bill Gates, Liz Shuler, Mike Rounds, Martin Heinrich, Todd Young, Schumer, Smith, Joe Biden's, David Shepardson, Lincoln Organizations: Privacy, Technology, REUTERS, Capitol Hill, Nvidia, Microsoft, IBM, AFL, Regulators, Google, Thomson Locations: Washington , U.S, WASHINGTON, Senate's

☆ Chuck Schumer hosts tech companies Google, Meta, Microsoft, and X over AI regulations including Chat GPT
▼ + stars: | 2023-09-13 | by ( Brian Fung | ) edition.cnn.com time to read: +8 min

Among those attending the in-person event will be the CEOs of Anthropic, Google, IBM, Meta, Microsoft, Nvidia, OpenAI, Palantir and X, the company formerly known as Twitter. But crucially, the event could also shed light on the political feasibility of a broad, sweeping AI law, setting expectations for what Congress may achieve. IBM CEO Arvind Krishna will also seek to “demystify” a widely held impression that AI development is done only by a handful of companies like OpenAI or Google, Padilla said. Some authors have sued OpenAI over those claims, while others have asked in an open letter to be paid by AI companies. New AI legislation could also serve as a potential backstop to voluntary commitments that some AI companies made to the Biden administration earlier this year to ensure their AI models undergo outside testing before they are released to the public.

Persons: Bill Gates, Eric Schmidt, Chuck Schumer, he’s, Mark Zuckerberg, Elon Musk, ”, Christopher Padilla, Padilla, Arvind Krishna, Sam Altman, Clement Delangue, OpenAI, Maya Wiley, they’ve, Wiley, “, ” Wiley, Schumer, South Dakota Republican Sen, Mike Rounds, New Mexico Democratic Sen, Martin Heinrich, Indiana Republican Sen, Todd Young —, “ It’s, Biden Organizations: Washington CNN, Anthropic, Google, IBM, Meta, Microsoft, Nvidia, Twitter, Senate, CNN, The New York Times, Disney, Conference, Civil, Human, South Dakota Republican, New, New Mexico Democratic, Indiana Republican, Capitol, European Union Locations: Washington, New Mexico

☆ Salesforce launches AI assistant across its apps including Slack and Tableau
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

The company logo for Salesforce.com is displayed on the Salesforce Tower in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSept 12 (Reuters) - Enterprise software maker Salesforce (CRM.N) on Tuesday launched a generative AI tool that would be available across its suite of apps from instant messaging service Slack to data visualization tool Tableau and can be tailored by its clients to meet their needs. Salesforce says its Einstein Copilot can tap customer and enterprise data available on its Data Cloud to generate appropriate responses. Users will be able to embed the assistant into their websites or integrate them with messaging platforms such as Slack and Meta Platform's (META.O) WhatsApp. The company also doubled its venture capital fund for generative AI startups to $500 million in June.

Persons: Brendan McDermid, Slack, Einstein, Salesforce, Marc Benioff, OpenAI's ChatGPT, Zaheer Kachwala, Tasim Zahid Organizations: REUTERS, Enterprise, Tuesday, Meta, Microsoft, Thomson Locations: New York City, U.S, San Francisco, Bengaluru

☆ Insider Today: Big Tech goes on trial
▼ + stars: | 2023-09-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +10 min

Speaking of Big Tech, it's a big day for the industry as the DOJ's antitrust trial against Google starts today. It's also a strategy the Department of Justice argues is "anticompetitive and exclusionary" in a landmark trial for Big Tech kicking off today. The trial is the biggest to hit the tech industry since the government sued Microsoft in the late 1990s. AdvertisementAdvertisementMore broadly, the case is a bellwether for how the government could argue future cases against Big Tech companies in the modern era. Each case is unique, but their focus on monopolistic behavior means the Google trial could set precedents followed by both sides.

Persons: Tayfun, it's, there's, you'll, It's, Hugh Langley, Kent Walker, Hugh, Walker, Chelsea Jia Feng, Henry Farrell, Abraham Newman's, Walter Wriston's, Gil Perez, Jamie Dimon, JPMorgan doesn't, Dimon, Elon, Franz von Holzhausen, Musk, Walter Isaacson, Yossakorn Kaewwannarat, VCs, they're, Nicki Minaj, Shakira, Beyoncé, Karol G, Frances Tiafoe, Austin Krajicek, Mackenzie McDonald, Tommy Paul, Rajeev Ram, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Big Tech, Google, Anadolu Agency, Getty, Department of Justice, DOJ, Microsoft, Apple, Federal Trade Commission, Amazon, Meta, Deutsche, JPMorgan, Street, Workers, Gallup, Startup, MTV, Team, Amtrak Locations: Wall, Silicon, Chelsea, New York City, San Diego, London, New York

☆ Elon Musk poached a Google scientist and justified it by telling Larry Page he shouldn't have been 'so cavalier about AI safety'
▼ + stars: | 2023-09-12 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

A newly released biography on Musk details how he justified poaching a Google scientist to then-CEO Larry Page. "And I was like, 'Larry, if you just hadn't been so cavalier about AI safety then it wouldn't really be necessary to have some countervailing force," Musk said. Sutskever joined Google's AI unit, Google Brain, in 2013 along with Geoffrey Hinton — also known as the "godfather of AI." "And I was like, 'Larry, if you just hadn't been so cavalier about AI safety then it wouldn't really be necessary to have some countervailing force," Musk added. When Musk started his own AI startup — xAI — in July, he again poached AI experts from Google and OpenAI.

Persons: Larry Page, Larry, Musk, Elon Musk, Sam Altman, OpenAI, Walter Isaacson's, Altman, Ilya Sutskever, Sutskever, Geoffrey Hinton —, Ilya, Isaacson, — Organizations: Service, Google Locations: Wall, Silicon

☆ Google CEO says he isn't worried about catching up to OpenAI after declaring a 'code red': 'I feel very comfortable about where we are.'
▼ + stars: | 2023-09-12 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Google CEO Sundar Pichai isn't in a rush to catch up to OpenAI, he told Wired. Releasing Google's AI products before ChatGPT was launched "wouldn't have worked out as well," he said. Pichai's thoughts on AI come months after the CEO declared a "code red" for Google's search engine. "In some ways, it was an exciting moment for me, because we are building that underlying technology and deploying it across our products," Pichai told Wired in an interview published on Monday. Since the disastrous demo, Google has announced a slate of new AI products.

Persons: Sundar Pichai isn't, ChatGPT, OpenAI, Sundar Pichai, Pichai, —, Bard, James Webb, John Hennessy Organizations: Wired, Service, Microsoft, Google, James Webb Space, Gmail Locations: Wall, Silicon

Venture capital investor Bill Gurley, a partner at Benchmark, said founders he works with believe Meta 's new large language model, Llama 2, has the "most momentum" in the battle of the large artificial intelligence models. Gurley told CNBC's Julia Boorstin Monday that the open-source nature of Meta's product is threatening to other leaders in the AI space. AI researchers typically compare LLMs when the software performs specific tasks. For instance, some AI researchers have found that Llama 2 outperforms other similar open-source AI language models and is on par with proprietary systems like OpenAI's ChatGPT. Google followed suit with its latest large language model called PaLM 2 in May, which powers the Google's generative AI features like its chatbot Bard.

Persons: Bill Gurley, Gurley, CNBC's Julia Boorstin, Meta, Bard Organizations: Microsoft, CNBC, Meta, Google Locations: OpenAI

☆ Meta is building an AI model as powerful as GPT-4, report says
▼ + stars: | 2023-09-11 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

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

☆ Meta is developing a new, more powerful AI system, Wall Street Journal reports
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Yves Herman/File Photo Acquire Licensing RightsSept 10 (Reuters) - Meta Platforms (META.O) is working on a new artificial-intelligence system intended to be as powerful as the most advanced model offered by OpenAI, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The Facebook parent is aiming for its new AI model to be ready next year, the Journal said, adding it will be several times more powerful than its commercial version dubbed Llama 2. Llama 2 is Meta's open source AI language model launched in July, and distributed by Microsoft's (MSFT.O) cloud Azure services to compete with OpenAI's ChatGPT and Google's (GOOGL.O) Bard. Meta expects to start training the new AI system, known as a large language model, in early 2024, the report added. Businesses and enterprises have flocked to the nascent generative AI market for newer capabilities and refining business processes since the launch of OpenAI's ChatGPT late last year.

Persons: Yves Herman, OpenAI's ChatGPT, Bard, Meta, Google's Bard, Ajax, Nilutpal, Leslie Adler, Diane Craft Organizations: REUTERS, OpenAI, Wall Street, Meta, Bloomberg News, Apple, Thomson Locations: Brussels, Belgium, Bengaluru

☆ Here are 3 things for stock investors to watch in the market in the week ahead
▼ + stars: | 2023-09-09 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

It was a down week for the major stock market benchmarks as rumors of an iPhone ban for government employees in China sparked concerns over increasing tensions between Washington and Beijing. Here's a full rundown of all the important domestic earnings reports and economic data in the week ahead. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Jim Cramer, Apple —, Jim, we'll, Einstein, Stellantis, We'll, That's, Oracle's, LEN, Jim Cramer's Organizations: Apple, Dow, Nasdaq, Broadcom, DuPont, Huawei, Nvidia, Apple Watch, Vision, Club, Google, Justice Department, United Auto Workers, General Motors, Chrysler, Ford, UAW, CPI, PPI, Oracle, Oracle Cloud Infrastructure, Microsoft, Costco, Caseys, Jim Cramer's Charitable, CNBC, Apple Inc, Getty Locations: China, Washington, Beijing, U.S, People's Republic of China, San Francisco, Shanghai

DES MOINES, Iowa (AP) — The cost of building an artificial intelligence product like ChatGPT can be hard to measure. To keep it cool on hot days, data centers need to pump in water — often to a cooling tower outside its warehouse-sized buildings. The estimate includes indirect water usage that the companies don’t measure — such as to cool power plants that supply the data centers with electricity. It was also thirsty in Iowa, drawing more potable water to its Council Bluffs data centers than anywhere else. Its fourth and fifth data centers are due to open there later this year.

Persons: “, OpenAI, ”, Shaolei Ren, ChatGPT, ” Ren, you’re, Ren, Steve Gaer, Gaer, Brad Smith, ” Smith, —, O'Brien Organizations: DES, Microsoft, Google, University of California, Las, Associated Press, workloads, supercomputing, West, West Des Moines Water Works Locations: DES MOINES, Iowa, Des Moines, Riverside, Oregon, Las Vegas, San Francisco, West Des Moines , Iowa, California, West Des Moines, Arizona, West Des, Providence , Rhode Island

☆ Elon Musk tried to convince Sam Altman to fold OpenAI into Tesla before he left the AI company in 2018, biographer says
▼ + stars: | 2023-09-08 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk tried to incorporate OpenAI into Tesla before he left the AI firm, his biographer said. The excerpt, which was published in Time, said Musk tried to convince Sam Altman, who later became OpenAI's CEO, to fold the AI lab into Tesla before Musk stepped down from the company. Tesla had been ramping up its own AI development during a period when Musk was a cofounder and board member of OpenAI. OpenAI rejected the idea, the excerpt said, and Altman stepped up as president of the company. AdvertisementAdvertisementRepresentatives for Musk and Altman did not immediately respond to Insider's request for comment, made outside normal working hours.

Persons: Elon Musk, Tesla, Musk, Sam Altman, OpenAI, Altman, chatbot Bard Organizations: Service, Microsoft, Google, Musk Locations: Tesla, Wall, Silicon

☆ Elon Musk resented being 'left out of the fray' during the AI boom despite cofounding OpenAI, biographer says
▼ + stars: | 2023-09-08 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk felt left out when generative AI started to gather steam, his biographer said. The excerpt from Walter Isaacson's upcoming biography of Musk was published in Time. In the excerpt, which was published in Time, Musk felt he'd been left out of the AI boom after OpenAI released GPT-4 to the public and Google launched its Bard chatbot. Despite this, Musk officially launched his own AI venture, xAI, in July this year. However, an August report in The New Yorker said, the Tesla CEO was building his own AI venture at a similar time.

Persons: Elon Musk, Musk, Walter Isaacson's, he'd, OpenAI, chatbot ., Elon Musk OpenAI, OpenAI's, Tesla Organizations: Service, Google, Elon, Microsoft, New Yorker Locations: OpenAI, Wall, Silicon, New

☆ ChatGPT is losing some of its hype, as traffic falls for the third month in a row
▼ + stars: | 2023-09-08 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

The number of visits to ChatGPT's website has fallen for three months in a row, per Similarweb. August marked the third month in a row that the number of monthly visits to ChatGPT's website worldwide was down, according to data from analytics firm Similarweb. In the US alone, visits to the ChatGPT website increased by 0.4% in August. Before Meta's Threads assumed the title in July, ChatGPT was the fastest-growing app ever when it reached 100 million users in two months. AdvertisementAdvertisementBut it's also being used in the workplace, with employees using ChatGPT to write code, do research, and improve time management.

Persons: ChatGPT, chatbot, David F, Carr, it's, OpenAI Organizations: Service, Reuters, Princeton Locations: Wall, Silicon, Similarweb, Stanford, Berkeley

☆ China's Tencent debuts large language AI model, says open for enterprise use
▼ + stars: | 2023-09-07 | by ( Josh Ye | ) www.reuters.com time to read: +2 min

REUTERS/David Kirton/File Photo Acquire Licensing RightsBEIJING, Sept 7 (Reuters) - Tencent Holdings (0700.HK) said on Thursday companies could now use its large language artificial intelligence (AI) model "Hunyuan" as it premiered the much-awaited product amid a race by tech firms race to become China's AI champion. Hunyuan's debut comes after several Chinese tech firms including Baidu Inc (9888.HK) and SenseTime Group (0200.HK) recently unveiled their own AI models. Tencent, China's most valuable internet company, said Hunyuan had more than 100 billion parameters and was trained with more than 2 trillion tokens, two metrics often used to measure AI models' power. OpenAI's GPT-3 AI model contained 175 billion parameters in 2020 and Meta Platform Inc (META.O)'s Llama 2 model had 70 billion parameters in 2023. AI experts often describe moments where AI models generate incorrect information but present it as if it was a fact as "hallucination".

Persons: David Kirton, Hunyuan, Jiang Jie, OpenAI's, Tencent, ChatGPT, Josh Ye, Christopher Cushing, Miral Organizations: REUTERS, Rights, Tencent Holdings, HK, Baidu Inc, SenseTime, Meta, Beijing, Thomson Locations: Nanshan district, Shenzhen, Guangdong province, China, Rights BEIJING, Hong Kong

☆ Google is about to turn 25. Its CEO thinks AI is the biggest tech development that we'll see in our lifetimes.
▼ + stars: | 2023-09-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

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

☆ A couple made $34,000 in 3 months selling books on Amazon KDP. Here's how they use ChatGPT to help write their books.
▼ + stars: | 2023-09-01 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +7 min

Angelina Stanzione and Chris Rawson started selling nonfiction books on Amazon KDP in 2019. The couple has published 29 nonfiction works on Amazon KDP — 17 of which are also available as audiobooks on Audible — in four years. Rawson and Stanzione published another two nonfiction books and made $5,000 in KDP royalties in their first four months on the platform. Paying for cost-per-click ads on Amazon helps build their readershipStanzione and Rawson pay for ads on Amazon KDP but don't advertise externally. Now their KDP business income is almost passiveThe couple has made $34,500 from KDP and $5,000 from audiobook royalties in three months.

Persons: Angelina Stanzione, Chris Rawson, ghostwriters, Rawson, Stanzione, they'd, ChatGPT, Stazione Organizations: KDP, Publishing, Urban, Amazon Locations: ChatGPT, Spain

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