AI Insights, 25th June 2024

Note: Newsletter generated by NLGen

AI Insights

Date: 25 Jun 2024

Introduction

Welcome to the latest edition of AI Insights, your go-to newsletter for staying up-to-date on the latest trends, breakthroughs, and innovations in the fascinating world of artificial intelligence. In this edition, we've curated a selection of the most compelling and thought-provoking articles from the past week, covering a broad range of topics that showcase the transformative power of AI.

From Apple's decision to shelf its plans to integrate Meta's AI models due to privacy concerns, to OpenAI's acquisition of startup Multi to develop a ChatGPT desktop app, this edition is packed with exciting news and developments that highlight the rapid progress being made in the AI landscape. You'll also find insightful articles on the business of AI, including funding rounds, partnerships, and product launches, as well as technical developments that are pushing the boundaries of what's possible with AI. We've also included a selection of miscellaneous articles that provide a fresh perspective on the impact of AI on society and the economy. So sit back, relax, and dive into the latest issue of AI Insights – we're excited to share it with you!

Newsletter Articles

Business

• Apple shelved the idea of integrating Meta’s AI models over privacy concerns, report says
• OpenAI Acquires Startup Multi to Develop ChatGPT Desktop App
• TechWolf raises $43M to take an AI-sized bite out of the internal recruiting game
• How 2 high school teens raised a $500K seed round for their API startup (yes, it’s AI)
• Language learning app Speak nets $20M, doubles valuation
• Poolside is raising $400M+ at a $2B valuation to build a supercharged coding co-pilot
• Amazon extends generative AI-powered product listings to Europe
• Emergence thinks it can crack the AI agent code
• Materia looks to make accountants more efficient with AI
• France leads the pack for generative AI funding in Europe
• How Does NetApp Use Half of the World’s Data in AI?
• 50 Best Firms for Data Scientists to Work for 2024
• AI4Bharat Releases ‘FBI’ Framework to Evaluate LLM Benchmarks
• Accenture Hits $2 Billion in Generative AI Sales, Expands Global AI Workforce
• Why is Databricks Betting on Data Engineering Over AI Magic?

New launches

• Meta Launches AI Assistant in India Across WhatsApp, Facebook, Instagram
• Google is bringing Gemini access to teens using their school accounts
• Meta makes its AI chatbot available to all users in India
• OpenAI buys Rockset to bolster its enterprise AI
• Air India Explores New Heights with GPT-4 Omni Integration
• Genesys Launches India’s First AI-Powered Navigation Maps
• Mixhalo’s latest feature uses AI to beam real-time translation to phones at events
• Pocket FM partners with ElevenLabs to convert scripts into audio content quickly
• HPE, Danfoss Partner to Cut Data Center Energy Use by 20%, Boost Cooling 30%
• TCS to Build an AI-First Enterprise Platform for Xerox
• Skip the Office Meetings, Let AI Take Over

Technical Devlopments

• Databricks’ Naveen Rao Praises Sam Altman for Making OpenAI a Product Company
• Microsoft AI CEO Mustafa Suleyman Says GPT-6 Will Come in Two Years
• OpenAI buys a remote collaboration platform
• Anthropic claims its latest model is best-in-class
• What Vinod Khosla says he’s ‘worried about the most’
• OmniAI transforms business data for AI
• Women in AI: Charlette N’Guessan is tackling data scarcity on the African continent
• What does ‘open source AI’ mean, anyway?
• Dot’s AI really, really wants to get to know you
• Indian Researchers Need to Stop Making Useless LLMs
• Why Perplexity AI Wasn’t Built in India
• Why is C++ Not Used in AI Research?
• Data Science Hiring Process at Diggibyte
• How to Reduce Hallucinations in LLMs for Reliable Enterprise Use
• Tencent Introduces VoCo-LLaMA for Compressing Visual Information with LLMs

Miscellaneous

• Apple might partner with Meta on AI
• upGrad, Microsoft, & IIIT Bangalore Launch Industry-First GenAI for Leaders Certification
• Meta is tagging real photos as ‘Made with AI,’ say photographers
• Labor shortages are still fueling growth at automation firms like GrayMatter
• Kenya closes its probe of Worldcoin, opening the door to a relaunch of its orbs after a year-long suspension
• Apple App Store vs DMA
• How to integrate ChatGPT into your app
• Women in AI: Anika Collier Navaroli is working to shift the power imbalance
• Silicon Valley leaders are once again declaring ‘DEI’ bad and ‘meritocracy’ good — but they’re wrong
• ‘What’s in it for us?’ journalists ask as publications sign content deals with AI firms
• PQShield secures $37M more for ‘quantum resistant’ cryptography
• ‘Lawyer-in-the-loop’ startup Wordsmith wants to bring AI paralegals to all employees
• How Much Does It Cost To Build an AI Research Startup in India?
• India Might Soon Run Out of Skilled Software Engineers
• China is Just 6-9 Months Behind US in AI Capabilities

Closing Words

Until next time, thank you for being part of the AI Insights community! We're thrilled to have you along for the ride as we explore the exciting advancements and innovations in AI tech trends. Stay curious, keep learning, and remember - the future is being shaped by the incredible potential of AI. We can't wait to share more insights and discoveries with you in our next edition. Until then, keep pushing the boundaries of what's possible and stay ahead of the curve. Best, The AI Insights Team.