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☆ Adobe launches Firefly generative A.I., which lets users type to edit images
▼ + stars: | 2023-03-21 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

By highlighting an element in a multilayer work of art — a lighthouse, in the demo video — Adobe Firefly uses AI to generate different versions of the lighthouse. Adobe on Tuesday launched an artificial intelligence tool called Firefly that will let users type commands to quickly modify images. Adobe's new product comes at a key inflection point both for Adobe and AI more broadly. OpenAI and Stable Diffusion, another AI organization, both offer generative AI image products. Adobe said Firefly will place an emphasis on giving creators "opportunities to benefit from your skills and creativity and protect your work."

☆ Microsoft launches image-creation tool on Bing powered by OpenAI's tech
▼ + stars: | 2023-03-21 | by ( ) www.reuters.com time to read: +1 min

March 21 (Reuters) - Microsoft Corp (MSFT.O) on Tuesday rolled out an image-creation feature for search engine Bing and browser Edge that will use the technology behind OpenAI's DALL-E to create pictures based on text prompts. The tool, named 'Bing Image Creator', will be available to users of the latest AI-powered version of Bing and Edge preview. Bing Image Creator will be integrated into Bing chat, rolling out initially in Creative mode starting Tuesday for users on desktop and mobile, Microsoft said in a blog post. At the center are Microsoft and Alphabet Inc's (GOOGL.O) Google, touting AI features for their most popular products from spreadsheet software Excel to Gmail. The software giant also launched new features - Visual Stories and Knowledge Cards 2.0 - for Bing users.

☆ A guy is using ChatGPT to turn $100 into a business making as much money as possible. Here are the first 4 steps the AI chatbot gave him.
▼ + stars: | 2023-03-21 | by ( Jacob Zinkula | Aaron Mok | ) www.businessinsider.com time to read: +6 min

Jackson Greathouse Fall asked ChatGPT to turn $100 into "as much money as possible." Jackson Greathouse Fall, a brand designer and writer, took to Twitter last week to share a prompt that he gave the chatbot. The company is now valued at $25,000, according to a tweet by Greathouse Fall. But when Greathouse Fall learned the domain name cost $848 to acquire, it suggested one that was more affordable: GreenGadgetsGuru.com. Are you using ChatGPT to save time or make money?

☆ In San Francisco, some people wonder when A.I. will kill us all
▼ + stars: | 2023-03-20 | by ( Kif Leswing | ) www.cnbc.com time to read: +7 min

If the super-powerful AI is aligned with humans, it could be the end of hunger or work. Or, as a sign at the Misalignment Museum says: "Sorry for killing most of humanity." Most of the works are around the theme of "alignment" with increasingly powerful artificial intelligence or celebrate the "heroes who tried to mitigate the problem by warning early." As AI technology becomes the hottest part of the tech industry, with companies eying trillion-dollar markets, the Misalignment Museum underscores that AI's development is being affected by cultural discussions. Even as companies and people in San Francisco are shaping the future of artificial intelligence technology, San Francisco’s unique culture is shaping the debate around the technology.

☆ Fintech startup Stripe integrating OpenAI's new GPT-4 AI
▼ + stars: | 2023-03-15 | by ( Anna Tong | ) www.reuters.com time to read: +1 min

SAN FRANCISCO, March 15 - Fintech startup Stripe is starting to integrate OpenAI's latest GPT-4 artificial intelligence model into its digital payment processing and other products, Stripe said on Wednesday. The news followed an announcement by Microsoft Corp (MSFT.O)-backed OpenAI that it would release GPT-4, a new version of the powerful artificial intelligence (AI) technology that has powered chatbot sensation ChatGPT. The Stripe move represents one of the first known integrations of OpenAI's new technology, underscoring large companies' interest in embedding AI in their product offerings. There are currently 14 GPT-4 prototypes in the works at San Francisco-based Stripe, said Emily Sands, Stripe's head of information. As competition in AI heats up, it remains unclear whether companies will be able to successfully commercialize their products and charge users for them.

Copyright Office issued new guidance on Wednesday to clarify when artistic works created with the help of artificial intelligence are copyright eligible. "The answer will depend on the circumstances, particularly how the AI tool operates and how it was used to create the final work," the office said. Generative AI systems like Midjourney, ChatGPT and DALL-E, which create text and images in response to human instructions, have recently skyrocketed in popularity. The office reiterated Wednesday that copyright protection depends on the amount of human creativity involved, and that the most popular AI systems likely do not create copyrightable work. The office also said that copyright applicants must disclose when their work includes AI-created material, and that previously filed applications that do not disclose AI's role must be corrected.

☆ The Fed wants higher unemployment because it would bring down inflation
▼ + stars: | 2023-03-10 | by ( Phil Rosen | ) www.businessinsider.com time to read: +7 min

Powell testified abou the Federal Reserve's semi-annual monetary policy report to Congress and the state of the economy Chip Somodevilla/Getty1. A reading of 200,000 or more jobs added in February means we're getting a bigger rate hike this month. Fed Chair Jerome Powell said this week that the trajectory of monetary policy doesn't hinge solely on today's jobs report, but markets are still bracing for impact. Remember, the Fed's stated goal is a 2% inflation rate. Meanwhile, Wharton's Jeremy Siegel said Thursday that the Fed is taking a flawed policy approach, and it shouldn't be so focused on jobs.

☆ How to invest in new AI technologies like ChatGPT, DALL-E, and more: Wall Street analysts weigh in
▼ + stars: | 2023-03-09 | by ( Business Insider | ) www.businessinsider.com time to read: +4 min

Wall Street is taking note, as analysts pick their favorite AI stocks to buy now for profits later. Students are using ChatGPT to write papers, job seekers are using it to write cover letters, and some employees are even surreptitiously using the AI chatbot to do their jobs for them. ChatGPT is just the tip of the spear, as AI seems poised to upend industries around the globe. Bank of America analysts predict that the AI industry will be worth $900 billion by 2026. Luckily, Insider has been collecting research notes, interviewing analysts, and investigating which stocks will enjoy the biggest returns from the explosive growth of AI.

☆ OpenAI to enable more customizations for enterprise and individual users
▼ + stars: | 2023-03-09 | by ( Krystal Hu | ) www.reuters.com time to read: +2 min

OpenAI has launched a subscription tier of ChatGPT where users can pay $20 per month for more reliable services. Management consultancy Bain & Company, has struck a global services partnership with OpenAI, enabling Bain to embed AI in its client operations. Individual users should also have more control over how the AI works, Altman added. "We'll launch more things soon that give users additional control on the system to behave this way or that way." Altman acknowledges the AI system cannot achieve 100% accuracy, and he said he expects applications including AI doctors and AI lawyers to emerge on people's phones soon.

☆ Startup from ex-Apple team raises $100 million, works with OpenAI
▼ + stars: | 2023-03-08 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

March 8 (Reuters) - Humane Inc, a startup founded by former Apple Inc (AAPL.O) employees, said on Wednesday it has raised $100 million and will release its first products this spring. Sam Altman, OpenAI's founder and a previous Humane investor, participated in funding round on Wednesday, the company said. Humane also said that Microsoft Corp (MSFT.O), which has built a massive cloud computing infrastructure specifically for AI, took part in the funding round. Humane said it will partner with Microsoft's cloud to bring Humane's software services platform to market. Reporting by Stephen Nellis in San Francisco Editing by Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

☆ Get ready to post on Slack with ChatGPT. The viral AI chatbot is coming to the popular workplace messaging app.
▼ + stars: | 2023-03-07 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Salesforce is giving its Slack workplace messaging app the ChatGPT boost that can speed up posting. Microsoft shook up its Bing search engine last month with an OpenAI-powered chatbot that transfixed users. The tool would help users write faster, review outlines of longer Slack chats, and mine channels for information, according to the company. Salesforce also said its AI tool called "Einstein GPT" will help clients use AI-generated content for customer service and marketing purposes. The company said that Slack users will have "granular controls" over access to data, and that ChatGPT's model won't learn from Slack data.

☆ How best to invest in AI: What leading Wall Street firms and analysts are saying as the rally continues
▼ + stars: | 2023-03-07 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

Experts at BofA and UBS recently wrote about their approaches for investing in the theme. Tech analyst Dan Ives doubled his price target on AI pure play C3.AI, which has soared almost 150%. One of the market's splashiest artificial intelligence newcomers is here to stay, says Wedbush tech stock analyst Dan Ives. On Friday Ives boosted his price target on AI software company C3.AI from $13 per share all the way to $24. "The company continues to experience increased demand for its AI solutions that are designed to increase a range of applications across industries fueling tailwinds in the market," Ives wrote.

☆ ChatGPT isn't the only cool AI tool made by OpenAI — check out DALL-E, Whisper, and Codex
▼ + stars: | 2023-03-04 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

DALL-E, OpenAI's AI art generator, creates images based on detailed text descriptions from a person. Just months earlier, OpenAI removed the waitlist for its generative AI art generator, DALL-E, which grew to over 1.5 million daily users. The tool sparked controversy among artists who debated what DALL-E, and other AI art generators like it, could mean for people in creative jobs. DALL-EScreenshot of DALL·E search for "astronaut fish swimming in an ocean in outer space, digital art" DALL·E/OpenAIJust months before ChatGPT launched, OpenAI removed the waitlist for its generative AI art generator, DALL-E. The AI art generator creates original images called "generations" from detailed text prompts input by a person.

☆ Meet the top 8 lawyers helping startups patent artificial intelligence and comply with rules on privacy and safety
▼ + stars: | 2023-02-28 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

AI startups must secure patents and manage concerns about bias, safety, and security risks. Artificial-intelligence startups are continuing to draw venture-capital support, pulling in some $72 billion in 2022, according to data from PitchBook. For one thing, AI poses questions around the kind of privacy and safety issues that can be subject to regulation and government oversight. Meanwhile, novel uses of AI technology have already brought unusual legal questions up to the courts. That kind of work also often leads to more work for regulatory, litigation and other attorneys with expertise in AI technology, who can advise on procurement contracts, risks involving software, and cybersecurity.

He asked ChatGPT to write a book titled, "This book is made by AI." Inspiration arrived when I read an Insider article about an entrepreneur who'd used ChatGPT to write a children's book. I entered: "This prologue looks promising for the book 'This book is made by AI.' But I do think AI will be a great tool authors can use for new ideas. I don't think ChatGPT can ever completely replace a computer programmer because it doesn't know what the final result for each specific task should look like.

Feb 22 (Reuters) - Images in a graphic novel that were created using the artificial-intelligence system Midjourney should not have been granted copyright protection, the U.S. Copyright Office said in a letter seen by Reuters. The Copyright Office had no comment on the decision. Kashtanova wrote the text of "Zarya of the Dawn," and Midjourney created the book's images based on her prompts. The Copyright Office told Kashtanova in October it would reconsider the book's copyright registration because her application did not disclose Midjourney's role.

☆ Menu photos created using generative AI could convince customers to order more from restaurants
▼ + stars: | 2023-02-22 | by ( Nancy Luna | ) www.businessinsider.com time to read: +5 min

Generative AI is now being used to create menu photos when restaurants lack images. Since its January 19 launch, it has generated 175 million AI photos, he said. Julie Zucker, a partner and chief marketing officer at Branded Hospitality Ventures, said "mouth-watering" food photos may certainly drive a guest to order. The food tech VC firm, which also runs a string of restaurants in New York, invests in startups that solve problems for restaurants. If restaurants lack food photos, DoorDash said it offers complimentary photo shoots.

☆ Generative AI Helping Boost Productivity of Some Software Developers
▼ + stars: | 2023-02-21 | by ( Belle Lin | ) www.wsj.com time to read: +6 min

The technology, known as generative AI, has been pioneered by OpenAI, the lab behind the ChatGPT writing system and the Dall-E visual illustration generator. Copilot, as well as other tools from Amazon.com Inc., International Business Machines Corp. , and startups like Tabnine Inc. and Magic AI Inc., have quickly found a receptive audience among developers seeking a productivity boost. The AI model behind Copilot is trained on data from GitHub, which houses a popular open-source community where developers contribute and share code. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. And, with a tightening economy in mind, Hyland Software is holding back on spending for any new tools or technologies.

☆ Sam Altman is tech’s next household name — if we survive the killer robots
▼ + stars: | 2023-02-17 | by ( David Ingram | ) www.cnbc.com time to read: +11 min

Sam Altman, CEO of OpenAI, walks from lunch during the Allen & Company Sun Valley Conference on July 6, 2022, in Sun Valley, Idaho. Sam Altman may be tech's next household name, but many Americans probably haven't heard of him. To anyone outside San Francisco, Altman would probably seem like just another young tech CEO. That worldview flared up into controversy in 2017 when Altman wrote a blog post criticizing political correctness, saying tech entrepreneurs were leaving San Francisco over it. "I realized I felt more comfortable discussing controversial ideas in Beijing than in San Francisco," he wrote.

☆ OpenAI hired Google employees to do 'instrumental' work on ChatGPT before its launch, report says
▼ + stars: | 2023-02-14 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

OpenAI has hired more than 12 of Google's AI employees, The Information reported, citing sources. In recent months, the startup behind the viral chatbot ChatGPT and image generator DALL-E has hired more than a dozen former Google workers, The Information reported, citing sources. At least five former Google researchers were instrumental in getting the company's viral chatbot ChatGPT ready to launch in November, a person with knowledge of the matter told the publication. Two former employees at Google Brain, Alphabet's AI division, told The Information that some staff felt the culture had become lethargic. Google and OpenAI did not immediately respond to Insider's request for comment made outside normal working hours.

☆ Restaurants are now using generative AI to create menu photos that could convince customers to order more
▼ + stars: | 2023-02-12 | by ( Nancy Luna | ) www.businessinsider.com time to read: +5 min

Generative AI is now being used to create menu photos. Lunchbox is using OpenAI's tech for its AI Food Generator. Since its January 19 launch, it has generated 175 million AI photos, he said. Julie Zucker, a partner and chief marketing officer at Branded Hospitality Ventures, said "mouth-watering" food photos may certainly drive a guest to order. If restaurants lack food photos, DoorDash said it offers complimentary photo shoots.

☆ The ChatGPT AI hype cycle is peaking, but even tech skeptics don't expect a bust
▼ + stars: | 2023-02-11 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +18 min

Even the skeptics of the latest hype cycle recounted during the Town Hall numerous examples of how AI is already embedded in more efficient business processes. The arrival of ChatGPT and generative AI only a few years after the hype cycle over the metaverse has attracted both the AI bulls and bears as tech pursues its next big thing. Another executive who works with lawyers and accountants said the sentiment right now is that AI is not to replace lawyers, but "lawyers using AI are gonna replace lawyers." And what generative AI does, is really help you crunch, take your machine learning to, you know, the 'nth' level of the finite level. That may also place AI in the crosshairs of ESG investors, making sure that the ethics part is part of the mission of companies using it.

☆ A $162,500 per year Swiss boarding school — possibly the world's most expensive — says it's embracing AI tech like ChatGPT to help students learn
▼ + stars: | 2023-02-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

The Swiss boarding school's director told Insider it is embracing AI tech like ChatGPT and DALL-E.She says banning ChatGPT is "mass hysteria," and students need to be taught the ethics of AI. The Swiss boarding school, which says it is "possibly" the world's costliest, requires a non-refundable fee of over $1,000 just to apply. Another student used DALL·E to generate pictures in an essay about the role of women in the First World War. The AI didn't score more than a C."I would say that if you're getting C level answers from ChatGPT, you're asking the wrong question," Gademann adds. "Can you imagine a scenario where we're throwing millions and millions of dollars to find out if a student used a calculator in math homework in the '80s?"

☆ 7 AI apps beyond ChatGPT that can help boost your productivity
▼ + stars: | 2023-02-11 | by ( Aaron Mok | ) www.businessinsider.com time to read: +1 min

Generative AI has taken the world by storm. Millions are testing tools like OpenAI's ChatGPT and image generator DALL-E.Insider made a list of 7 AI tools that experts say can automate tasks and increase productivity. From OpenAI's conversational chatbot ChatGPT to image generators like DALL-E, AI tools have attracted millions in recent months. While there are concerns about whether AI will replace jobs, it's indisputable that AI tools have the potential to make workers more productive if used for specific functions like research and time management. 85% of respondents said they wanted more AI tools that automate their daily tasks so they can have more time for intellectually demanding work.

☆ Former VMWare CTO turned VC Steve Herrod has left General Catalyst to join the firm Juxtapose. Here's where he sees opportunity in building enterprise and AI startups.
▼ + stars: | 2023-02-09 | by ( April Joyner | ) www.businessinsider.com time to read: +4 min

Herrod, the former CTO of VMWare, will build enterprise startups in areas like AI and cybersecurity. Herrod is joining the venture studio Juxtapose, where he will focus on creating enterprise software startups, he told Insider exclusively. Though Juxtapose's portfolio includes a range of industries such as fintech, insurance, and healthtech, the firm hasn't had a long reach within enterprise software. He told Insider he sees ample opportunity within segments such as cybersecurity, open-source software, software supply-chain management, and artificial intelligence — several of which are receiving a hefty amount of attention from VCs right now. Now the venture world is full of former tech executives who have made the switch to backing startups.

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