AI Update - Friday, March 8, 2024
Seth Waters
Chief Growth Officer at Fortuna (3x Inc. 5000, 2x Vet100) | VP of Communications at Space Force Association NorCal | ?? Most Impactful CMO's 2024 | ?? Top 10 Hot Brands of the Year 2024
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On Tuesday, startup Anthropic?released ?a family of generative AI models that it claims achieve best-in-class performance. Just a few days later, rival?Inflection AI ?unveiled a model that it asserts comes close to matching some of the most capable models out there, including OpenAI’s?GPT-4 , in quality.
Zora, an NFT-based social network platform, is continuing its expansion beyond the crypto-sphere into the hot artificial intelligence market, Dee Goens, the startups’ co-founder,?said on Chain Reaction .
AI2 Incubator , spun out of the Allen Institute for AI in 2022, has secured a windfall $200 million in compute that startups going through its program can take advantage of to accelerate early development.
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Sunnyvale-based?Brevian ?wants to make it easier for business users to build custom AI agents. Currently, the company is focused on support teams and security analysts — areas where both the use cases and training sets are well defined — but plans to expand to other areas over time. Brevian is coming out of stealth today and announcing a $9 million seed funding round, the company told TechCrunch exclusively.
People worry that advances in AI will lead to job losses, but rarely does a company’s CEO openly admit that AI will help to reduce their headcount.?Turnitin , a plagiarism detection company whose CEO?Chris Caren ?last year warned that, in 18 months, his company would be able to reduce 20% of its headcount thanks to AI, is today confirming a small set of layoffs.
This week, Anthropic, the AI startup backed by Google, Amazon and a who’s who of VCs and angel investors, released a family of models —?Claude 3 ?— that it claims bests OpenAI’s?GPT-4 ?on a range of benchmarks.
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with?short text prompts ?has evolved into a behemoth used by more than?92% of Fortune 500 companies ?for more wide-ranging needs. And that growth has propelled OpenAI itself into becoming one of the most-hyped companies in recent memory, even if?CEO and co-founder Sam Altman’s firing and swift return ?raised concerns about its direction and opened the door for competitors.