GSV's AI News & Updates (11/17/23)
DEVELOPING: OpenAI Leadership Transition, Microsoft Ignite, Retool State of AI, NVIDIA H200, EarnBetter $4.5M Seed, Common Sense AI Reviews, Bard for Teens
We announced the inaugural ASU+GSV AIR SHOW: On April 13-15th we're launching ASU+GSV's inaugural AIR (AI Revolution) Show in San Diego, California. Done in conjunction with our 15th Annual ASU+GSV Summit, the AIR Show will be an immersive showcase of the world's most important AI in EDU companies. Tickets are complimentary for attendees.
General 🚀
DEVELOPING: Sam Altman fired as CEO of OpenAI: Sam Altman has been pushed out of OpenAI by its board of directors. CTO Mira Murati has been appointed interim CEO. Greg Brockman is also stepping down as chairman and will report to the CEO.
Microsoft Ignite 2023: Microsoft positions itself as the Copilot company - a future where there will be a Copilot for everyone and for everything you do. Copilot Studio can be used to create a custom copilot (like a chatbot for expense management, for example). Satya Nadella’s full keynote here.
Retool’s State of AI Report: Retool surveyed over 1,500 tech people—software engineers, eng and business leaders, execs, product folks, designers, and more—in a variety of industries to find out how they’re actually using and building with AI.
66.2% respondents said their companies have at least one internal use case live, while 43.1% respondents said they have at least one external use case live. With rapidly evolving technology, regulations, and general understanding, internal use cases might be viewed as “safer” or a sort of proving ground.
Menlo Venture’s 2023: The State of Generative AI in the Enterprise:
Despite the hype, enterprise adoption of generative AI will be measured, like early cloud adoption. The market will continue to favor incumbents who embed AI into existing products. Powerful context-aware, data-rich workflows will be the key to unlocking enterprise generative AI adoption.
3 areas that offer enormous potential for startups to break out: (1) Vertical AI, (2) Horizontal AI, and (3) the Modern AI Stack.
NVIDIA releases a new top-of-the-line GPU, the H200: the new class-leading H200 has more memory capacity and bandwidth, speeding up its work with generative AI and LLMs. The new GPU is the first to use a new, faster memory spec called HBM3e. The first H200 chips will be released in Q2 of 2024.
Google launches new AI music model, Lyria:
Youtube launches Dream Track to build AI tunes: Dream Track lets you create music for YouTube Shorts in the “voice and musical style of artists including Alec Benjamin, Charlie Puth, Charli XCX, Demi Lovato, John Legend, Sia, T-Pain, Troye Sivan, and Papoose.”
Meta introduces Emu Video and Emu Edit, our latest generative AI research milestones
Google in talks to invest in AI startup Character.AI: Character.AI allows people to chat with virtual versions of celebrities like Billie Eilish or anime characters, while creating their own chatbots and AI assistants.
Airbnb acquires GamePlanner.AI for $200M: this is Airbnb’s first acquisition as a public company. Gameplanner AI was founded in 2020 by Adam Cheyer, a Siri co-founder, and has been operating in stealth mode. Chesky has made his AI ambitions for Airbnb clear, saying that he wants to use generative AI to build a “travel concierge” that learns about and adapts to travelers.
OpenAI plans to secure further financial backing from its biggest investor Microsoft: Altman expects to “to raise a lot more over time” from the tech giant among other investors, to keep up with the punishing costs of building more sophisticated AI models.
OpenAI’s Talent War With Google: $10M Pay Packages for Researchers: OpenAI’s recruiters are courting top AI employees at Google with millions of dollars and a message: “join us now to lock in a stock package at the current valuation of $27B and benefit from the impending increase.” (an impending employee share sale may nearly triple the startup’s valuation to more than $80B)
AI: The Coming Revolution: Coatue’s AI investment approach.
Inside OpenAI: How does ChatGPT Ship So Quickly?: what is the engineering culture that allows the ChatGPT team to iterate so quickly? An exclusive interview with Evan Morikawa, who heads up about half of the 130-person Applied engineering team that builds ChatGPT.
Education and the Future of Work 📚
EarnBetter raised $4.5M in Seed funding from Andreessen Horowitz and Abstract Ventures: EarnBetter’s platform utilizes generative AI to reformat and rewrite resumes in minutes, draft cover letters in seconds, and scan through millions of jobs to provide personalized matches to job seekers.
Several popular AI products reviewed by Common Sense Media: The organization initially reviewed 10 popular apps on a 5-point scale, including those used for learning, AI chatbots like Bard and ChatGPT, as well as generative AI products, like Snap’s My AI and DALL-E and others. Not surprisingly, the latter category fared the worst.
Google releases Google Bard for Teens: Teens who meet the minimum age requirement will get access to a Bard that comes with “safety features and guardrails” to protect teens. Google highlights Bard's utility as an educational tool, especially for teens. It enables deeper exploration of topics and aids in comprehending intricate concepts. Additionally, Google is integrating a math learning feature into Bard, permitting users, including teens, to input or upload math equations.
OpenAI explores how to get ChatGPT into classrooms: initially perceived negatively by educators, ChatGPT is now being viewed as a beneficial teaching tool. OpenAI aims to assist educators in integrating this AI technology into classrooms, recognizing both its potential benefits and risks of misuse. The focus is on utilizing ChatGPT as a tutoring aid, curriculum assistant, and creative educational tool, while also addressing children's privacy concerns in school settings.
Reimagined: AI can be a catalyst for a more learner-centered system of education, if done right
Should Universities Build Their Own Custom AI Tools in House?: Some universities have developed their own on-premises generative AI tools for students and staff, which have the advantage of data privacy but may require considerable money and expertise to launch and maintain.
ChatGPT has entered the classroom: how LLMs could transform education
Startups and Tools 🛠️
YouTube Co-Founder Hurley’s Stealth AI Startup, EyeTell, Raises Seed: EyeTell will reportedly use generative AI to produce video scripts and videos.
Atlas, a 3D generative AI platform, raises $6M in Seed Funding: the startup plans to use it to accelerate the expansion of its suite of developer solutions and the buildout of its self-service 3D AI creator platform.
Polywork: turn your LinkedIn profile into a beautiful personal site in seconds with AI.
Pitch.com: speeds up every part of presentation-making - start with an AI draft, easily adapt slides and templates to your brand, enjoy smart editing features, and collaborate seamlessly.
Typedream: launch your website in minutes with AI.
SEC Filings AI: use AI to fast-track reading reports from your favorite stocks in one click.
Leap: design, test, monitor, and deploy AI workflows to production in minutes.
Run them in your apps with a single API call.
Tech 💻
How Much Does It Cost to Train a Large Language Model? A Guide: at OpenAI Dev Day 2023, they announced their model-building service for $2-3M minimum. While there’s not a straightforward, plug-and-chug cost calculation to how much it costs to train an LLM, the answer mainly depends on two factors: compute requirements and how long it takes to train.
LLM Hallucination Leaderboard: GPT 4 has the lowest hallucination rate of 3.0%. On the higher hallucination rate end, Anthropic Claude 2 comes in at 8.5 %, Mistral 7B at 9.4%, and Google Palm 2 Chat at 27.2%.
Dynamic by Fal: real-time image generation with Latent Consistency.
Insanely Fast Whisper: transcribe 300 minutes (5 hours) of audio in less than 98 seconds.
Regulation and Policy ⚖️
Google is taking legal action to protect users of AI and small businesses: Google is taking action to protect users of Google’s Bard AI as well as against fraudsters who sought to weaponize copyright law for profit.
UK will refrain from regulating AI ‘in the short term’: the government wants to maintain a ‘pro-innovation’ approach to the technology.
Other
Resources
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