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☆ AI Technology Like ChatGPT Will Reshape Software Coding Jobs Forever
▼ + stars: | 2023-04-26 | by ( Aki Ito | ) www.businessinsider.com time to read: +14 min

Their conclusion: 19% of workers hold jobs in which at least half their tasks could be completed by AI. Researchers at Microsoft and its subsidiary GitHub recently divided software developers into two groups — one with access to an AI coding assistant, and another without. Amazon has built its own AI coding assistant, CodeWhisperer, and is encouraging its engineers to use it. Another argument from the optimists: Even as AI takes over the bulk of coding, human coders will find new ways to make themselves useful by focusing on what AI can't do. So maybe, long term, human coders will survive in some new, as-yet-to-be-determined role.

☆ VCs are scrambling to invest in AI startups in Y Combinator's latest class: 'There's hysteria for a reason'
▼ + stars: | 2023-04-24 | by ( Stephanie Palazzolo | Madeline Renbarger | ) www.businessinsider.com time to read: +5 min

VCs are scrambling to back the AI startups in Y Combinator's latest batch. Several generative AI startups have already secured funding from top firms, sources say. And while valuations are down across the board, YC AI startups are still hot. Startups focused on AI, and generative AI specifically, which saw a substantial jump in the latest batch, were some of the most highly sought after by investors. An AI feeding frenzyVC buzz was common across generative AI startups both in the application and infrastructure layers.

☆ Want to invest in the A.I. boom? Veteran tech fund manager names 4 stocks to own
▼ + stars: | 2023-04-21 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

Artificial intelligence is no longer a futuristic fantasy but closer to a reality predicted to transform many industries. "It's still very early, but ChatGPT described as the iPhone moment for the artificial intelligence technology industry feels about right to us." The tech fund manager also told CNBC's Pro Talks that four large-cap stocks were driving some of the biggest and most tangible advancements in artificial intelligence. Microsoft Microsoft could be one of the top options for investors looking to invest in artificial intelligence, according to Rogoff, lead manager of Polar Capital Technology Trust plc. The tech fund manager pointed to the company's 90% market share in search, where it can deploy its own ChatGPT-like language model.

☆ Microsoft should pay whatever it costs to replace Google on Samsung phones
▼ + stars: | 2023-04-19 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +5 min

Samsung is reportedly looking to replace Google Search with Microsoft's Bing as the default search engine on its phones. If Samsung follows through, Microsoft should pay whatever it takes to make it happen, analysts said. The fact that Samsung is even considering changing its default search engine presents a rare moment of weakness for Google, especially on smartphones. A vast majority of smartphones have Google set as their default search engine, Insider previously reported. Investing big to entrench Samsung as a partner now could pay dividends for Microsoft later, the experts said.

☆ Atlassian taps OpenAI to make its collaboration software smarter
▼ + stars: | 2023-04-19 | by ( Jordan Novet | ) www.cnbc.com time to read: +5 min

Atlassian on Wednesday said it will draw on technology from startup OpenAI to add artificial intelligence features to a slew of the collaboration software company's programs. Atlassian has been building its own AI models for several years, but just started using OpenAI at the beginning of 2023. But Farquhar dismissed this concern, explaining that OpenAI won't be training its models on Atlassian's customer data, so Atlassian won't be necessarily making OpenAI better by giving it business. Atlassian employees have been able to use the new Atlassian Intelligence features internally, and they have become popular, especially for those leading teams, Anu Bharadwaj, president of Atlassian, said. Bharadwaj said Atlassian hasn't figured out how much to charge for Atlassian Intelligence.

☆ Google asks staff to test new chatbot features that write and fix code as it races against ChatGPT
▼ + stars: | 2023-04-14 | by ( Hugh Langley | ) www.businessinsider.com time to read: +3 min

Google is rolling out new coding features to an internal version of its Bard AI chatbot. Google is asking staff to test new coding features for its chatbot Bard as it prepares to make the features publicly available, according to an internal email sent Friday. The company told staff on Friday they could test out new features that let Bard generate and fix code, turning the chatbot into a programming assistant. ChatGPT, OpenAI's Bard competitor, is already able to generate code and write documentation for it. On the public release of Bard, Google said these features would come to its chatbot too.

☆ Exclusive: AI startup LangChain taps Sequoia to lead funding round at a valuation of at least $200 million
▼ + stars: | 2023-04-13 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +4 min

AI startup LangChain is raising between $20 and $25 million from Sequoia, Insider has learned. The latest round scored the hot upstart a valuation of at least $200 million, according to sources. Just a week after announcing a $10 million seed investment from Benchmark, AI darling LangChain has scored even more capital from yet another top-tier VC. As an open-source project, LangChain is especially known for its strong community — one that Chase is personally involved in. Chase's dedication to openness and collaboration is a major differentiator for the founder's community, and therefore, his startup, Turow said.

☆ Y Combinator's latest class is a feeding frenzy for VCs looking to back AI startups: 'There's hysteria for a reason'
▼ + stars: | 2023-04-13 | by ( Stephanie Palazzolo | Madeline Renbarger | ) www.businessinsider.com time to read: +5 min

☆ Goldman recommends buying call options in these two tech titans before their earnings reports
▼ + stars: | 2023-04-13 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Goldman Sachs recommends clients buy call options on Apple and Microsoft ahead of each company's earnings reports in two weeks. For Apple, Goldman thinks the mobile app spending portion of the company will beat Wall Street expectations and service revenue will become the main force behind earnings growth. "While app spending growth has slowed, as we lap recent benefits from consumer stimulus and engagement benefits due to the pandemic he expects app spending to resume mid-teens growth in F2024." AAPL YTD mountain Apple could beat expectations in mobile app spending and boost shares as investors look toward earnings, according to Goldman Sachs. "AI-related 12 April 2023 3 Goldman Sachs Weekly Options Watch workloads can also provide a boost to Azure over time.

☆ Hot AI startup ElevenLabs, founded by ex-Google and Palantir staff, is set to raise $18 million at a $100 million valuation. Check out the 14-slide pitch deck it used for its $2 million pre-seed.
▼ + stars: | 2023-04-12 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +4 min

London-based ElevenLabs is set to raise $18 million after securing a $2 million round in January. ElevenLabs, a hot artificial intelligence startup, is set to raise $18 million at a $100 million valuation, months after announcing its $2 million pre-seed round in January. ElevenLabs synthesizes speech "that takes context into account and conveys it accordingly," Staniszewski told Insider in January after the firm announced its pre-seed round. The pre-seed round was led by Czech-based early-stage venture capital firm Credo Ventures, which has previously backed UiPath and Apiary. Check out the 14-slide deck ElevenLabs used to raise its pre-seed funding.

☆ JPMorgan, H&M join Google, Meta to buy, collectively, more than $1 billion of carbon removal
▼ + stars: | 2023-04-12 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +9 min

"We see Frontier's advanced market commitment as an important demand signal boost for the carbon removal market. Carbon dioxide emissions from energy production topped 36 billion tons last year, according to the International Energy Agency, with total global carbon dioxide emissions projected to have been 40.6 billion tons in 2022, according to the Global Carbon Project. So far, Frontier has spent $5.6 million buying nearly 9,000 tons of contracted carbon removal from 15 carbon dioxide removal startups that are collectively pursuing seven methods. And Living Carbon is a synthetic biology startup working on engineering natural systems to remove carbon dioxide. "However, the science is increasingly clear: Carbon removal is an increasingly necessary tool for limiting warming.

☆ Microsoft's $13 billion bet on OpenAI carries huge potential along with plenty of uncertainty
▼ + stars: | 2023-04-08 | by ( Jordan Novet | ) www.cnbc.com time to read: +10 min

Microsoft's cumulative investment in OpenAI has reportedly swelled to $13 billion and the startup's valuation has hit roughly $29 billion. What does that mean for Microsoft's investment and broader arrangement? The structure changed in 2019, when two top executives published a blog post announcing the formation of a "capped-profit" entity called OpenAI LP. Microsoft has an exclusive license on GPT-4 and all other OpenAI models, the OpenAI spokesperson said. When considering potential exits for OpenAI, Microsoft — which does not hold an OpenAI board seat — would be the natural acquirer given its close entanglement.

Text-to-image tools like OpenAI's DALL-E, Midjourney, Stable Diffusion, and DreamUp can render images in various styles in seconds with a few words of direction. Now those purchasers can use the artist's work without compensating the artist at all," the class-action court filing against Stable Diffusion states. Stable Diffusion did not provide a comment by press time. Companies are selling AI-generated prints and Stable Diffusion can learn to copy an artist's style within hours. Given how new generative AI is, it's not surprising the legal system has yet to catch up.

☆ Elon Musk says it's 'weird' that his name was found in Twitter's algorithm source code along with labels like 'Democrat' or 'Republican'
▼ + stars: | 2023-04-03 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Elon Musk said it was "weird" that his name was written into Twitter's recommendation algorithm. Twitter's source code labeled tweets authored by Musk, a "Republican," a "Democrat," or "power user." During a Twitter's Spaces event, two users pointed out that Musk's name had been coded into Twitter's recommendation algorithm, which specifically labeled whether a tweet had been authored by Musk. A screenshot of a branch of code in Twitter's recommendation algorithm that has since been removed on GitHub. In a blog post explaining the decision to release the code, Twitter broke down how the algorithm determines which tweets to feature.

☆ Twitter Shares Some of the Secret Sauce Behind How It Works
▼ + stars: | 2023-04-01 | by ( Sarah E. Needleman | Alexa Corse | ) www.wsj.com time to read: 1 min

Twitter Inc. opened up a significant portion of its source code, an uncommon move for a large social-media company and one that owner Elon Musk said will make the platform more trustworthy. The code, posted Friday on the code-sharing site GitHub Inc., exposes how Twitter recommends posts and identifies problems such as hate speech. It doesn’t provide private user data or a road map for creating a replica of the platform. One expert likened the strategy to a chef sharing a recipe for ingredients that only he or she has.

☆ Twitter makes some of its source code public
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +1 min

March 31 (Reuters) - Twitter on Friday made public parts of the computer code that decides how the social media site recommends content, allowing users and programmers a peak into its workings and the ability to suggest modifications to the algorithm. The company said it uploaded the code in two repositories on code-sharing platform Github. They include the source code for many parts of Twitter, including the recommendations algorithm which controls the tweets that users see on their timeline. The repositories do not include the code that powers Twitter's ad recommendations, it said. The move comes at the behest of its billionaire owner Elon Musk, who earlier hinted at the code reveal and said code transparency would lead to higher trust among users and rapid improvements to the product.

☆ Dozens of AI enthusiasts gathered in San Francisco's Cerebral Valley for a summit on Thursday. Here are the top 3 takeaways from the event.
▼ + stars: | 2023-03-31 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +5 min

Dozens of AI enthusiasts gathered in SF's Cerebral Valley on Thursday for Eric Newcomer's AI summit. The handful of streets between San Francisco's Fillmore and Mission neighborhoods have been called a variety of names in recent times — Cerebral Valley, Bayes Valley, Hayes Valley — but on a Thursday morning in March, they were the home for dozens of AI enthusiasts, founders, and VCs looking to learn more about the space at independent journalist Eric Newcomer's Cerebral Valley AI Summit. The model to rule them allWith representation from several OpenAI competitors, including Anthropic, Adept, and Stability AI, a common question during panels was how the landscape of AI model providers would shake out. Others, like Stability AI founder and CEO Emad Mostaque, claimed that the question of AI models went beyond performance or cost to issues around transparency and accessibility. The future of codingWith the recent AI boom, a flock of startups have emerged to help developers build AI and non-AI applications.

☆ How a 23-year-old earned about $35,000 in 3 months teaching ChatGPT to newbies
▼ + stars: | 2023-03-30 | by ( Aaron Mok | ) www.businessinsider.com time to read: +6 min

Lance Junck, 23, earned $35,000 in just three months selling his ChatGPT course on Udemy. In late December, Lance Junck, 23, launched an online course on education platform Udemy that teaches people to use ChatGPT. It starts with how to write your first ChatGPT prompt, then moves into specific ChatGPT applications for businesses, students, and programmers. Within a week, 90 students enrolled in the course, Junck said. He has gotten paid speaking opportunities to teach companies like CEO advisory firm Sage Executive Group and tech news site HPCwire how to use ChatGPT, according to emails reviewed by Insider.

☆ Fetch.ai helps companies build and deploy autonomous smart agents. Check out the 19-slide pitch deck it used to raise $40 million.
▼ + stars: | 2023-03-30 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Check out the 19-slide deck it used to raise the fresh funds. A startup that uses AI to improve the autonomy of digital agents has raised $40 million as investors continue to pile in on the breakthrough tech. Cambridge-based Fetch.ai, founded in 2017, has developed technology that can help digital agents communicate with one another. Any transactions or activities between these various agents, who work with their own independent services, are recorded on the blockchain using Fetch.ai's native token, FET. With the fresh funds, Fetch.ai will develop and build out its technology.

☆ AI is so hot that top-tier funds are fighting to back tiny seed-stage startup ElevenLabs at valuation of around $100 million, sources say
▼ + stars: | 2023-03-29 | by ( Riddhi Kanetkar | Callum Burroughs | ) www.businessinsider.com time to read: +4 min

A16z is among a raft of top-tier funds battling to invest in a tiny British AI startup, sources say. London-based ElevenLabs closed a $2 million pre-seed round two months ago but is set to raise again. The deal is testament to the hype that surrounds AI startups following the release of ChatGPT last year. Andreessen Horowitz is among a raft of top-tier investors fighting to lead a round into a tiny AI startup that will value it at around $100 million as investor hype around the technology intensifies, sources say. Now, the startup is set to raise new funds again, in part due to its rapid growth in revenue, three London-based investors said.

☆ A.I. could drive $7 trillion in global growth in 10 years, Goldman estimates. Here's how to play it.
▼ + stars: | 2023-03-28 | by ( Pia Singh | ) www.cnbc.com time to read: +5 min

Within that, generative AI has a total addressable market of $150 billion, Goldman said. We believe Generative AI can streamline business workflows, automate routine tasks and give rise to a new generation of business applications," Goldman analysts wrote in a recent research report. But generative AI is able to produce new content such as text, video, images or computer code — putting it a step ahead. "Generative AI tools have far-reaching implications across industries, from enterprise software to healthcare, financial services and more," Goldman said. With the tech giants already incorporating it into their products, Goldman sees generative AI boosting sales, productivity and product innovation.

March 26 (Reuters) - Some parts of Twitter Inc's source code have been leaked and the social media platform owned by billionaire Elon Musk is seeking information on the person responsible, a legal filing showed. According to the filing, "various excerpts" of Twitter's source code, which is used to run the company online, were posted on Github, a Microsoft-owned platform for sharing code for software development, by a user named 'FreeSpeechEnthusiast'. Github said it took down the code on Friday at Twitter's request. It also did not comment on how long Twitter's source code had been publicly available. Twitter also did not immediately respond to a request for comment.

☆ Twitter executives reportedly think an ex-employee leaked the company's source code under the name 'FreeSpeechEnthusiast'
▼ + stars: | 2023-03-27 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Twitter is leading a manhunt for a GitHub user who posted some of the company's source code online. Some Twitter execs think the leaker is an employee who left last year, The New York Times reported. In the past, Musk has said he plans to make some of Twitter's code public. Most recently, he said he would open source Twitter's code for recommending tweets by March 31. Read The New York Times' full story in its website.

☆ Twitter says portions of source code leaked online
▼ + stars: | 2023-03-27 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

The leak saw excerpts of Twitter’s source code — the programming that powers the Twitter platform and its internal tools — posted to the online software repository GitHub, according to a court filing Friday by a Twitter attorney. The account was created on Jan. 3 and does not appear to have posted any other material besides the Twitter code. Leaked source code can not only provide insight into how a company designs its product but can also give criminals the chance to find or exploit security flaws and vulnerabilities. Twitter has launched an effort to identify the person or group behind the FreeSpeechEnthusiast GitHub account, as well as anyone who may have interacted with the leaked code. He has also said Twitter will charge fees for other software applications to access Twitter’s platform.

☆ Twitter source code leaked online, court filings show
▼ + stars: | 2023-03-26 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Twitter issued a subpoena on March 24 to the software collaboration platform GitHub, where a user identified as "FreeSpeechEnthusiast" shared excerpts of Twitter's source code without permission, according to the filings. The purpose of the subpoena is to identify the person responsible for sharing the code, Twitter's counsel said in the documents. Musk has previously claimed that Twitter will open source the code used to recommend tweets on March 31. According to the DMCA request shared by GitHub, the company removed "proprietary source code for Twitter's platform and internal tools." It is unclear if the source code used to recommend tweets is part of the leak.

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