IMO Weekly Highlights - 05192023

IMO Weekly Highlights - 05192023

IMO picked up a few pieces of notable news about AI and tech companies for this week. This week, OpenAI introduces ChatGPT app for iOS.

#ai #generativeai #openai #chatgpt #zoom #nvidia #meta #servicenow #aietf


1)??Zoom makes a big bet on AI with investment in Anthropic

Zoom is going all in on?generative AI. After announcing a partnership with OpenAI in March, the enterprise communication company said on May 16th, it is teaming up with AI startup?Anthropic?to integrate Anthropic’s?Claude AIassistant into Zoom’s productivity platform. The company has also made an investment of an undisclosed amount in Google-backed Anthropic through its global investment arm.

The partnership, a part of Zoom’s federated approach to AI, comes as Microsoft continues to roll out?AI-powered smarts in Teams, Google brings AI into Workspace and Salesforce focuses on?Slack GPT.?

2)??In Senate testimony, OpenAI CEO Sam Altman agrees with calls for an AI regulatory agency

In his?testimony?on May 16th?before a bipartisan?U.S. Senate?panel, OpenAI CEO Sam Altman agreed with calls for a regulatory agency for?AI.

In fact, even one of the other witnesses at the session of the Senate Judiciary Committee subcommittee on privacy, technology and the law, longtime AI critic Gary Marcus, had to call on Altman not to sidestep a question about his greatest fear of AI technology (Altman replied that his “worst fear is that we — the field, the technology, the industry — cause significant harm to the world.”)

3)?ServiceNow partners with Nvidia to develop ‘super-specialized’ generative AI for enterprises

ServiceNow, a vendor known for automating enterprise workflows, is making a move with?generative AI?to transform traditionally slow business processes.

At its ongoing Knowledge 23 conference, the Santa Clara, California-based company said it is partnering with Nvidia to develop custom generative AI models for various functions of the enterprise, starting with IT workflows.

4)?OpenAI introduces ChatGPT app for iOS, bringing most popular AI chatbot to iPhones

In a surprise move on May 18th, OpenAI suddenly released a ChatGPT app for Apple iOS, bringing?generative AI?to iPhones everywhere less than six months after the wildly-popular chatbot debuted on?November 30.

According to a blog post, the company says that the ChatGPT app in the App Store “syncs your conversations, supports voice input, and brings our latest model improvements to your fingertips.”

5)?Roundhill Investments launches first ever generative AI ETF, signaling growing prominence in enterprise software

Roundhill Investments has launched what it’s calling the first ever U.S. exchange-traded fund (ETF) explicitly focused on?generative AI, a technology that analysts say has the potential to reshape entire industries.

The Roundhill Generative AI & Technology ETF, also known by its stock ticker “$CHAT,” began trading on the New York Stock Exchange this morning. The actively-managed fund gives investors exposure to companies developing generative AI and related technologies.

6)?Meta unveils new AI data centers and supercomputer to power AI-first future

Meta, the social media giant formerly known as Facebook, has been a pioneer in artificial intelligence (AI) for more than a decade, using it to power its products and services such as News Feed, Facebook Ads, Messenger and virtual reality. But as the demand for more advanced and scalable AI solutions grows, so does the need for more innovative and efficient AI infrastructure.

At the?AI Infra @ Scale?event on May 18th?— a one-day virtual conference hosted by Meta’s engineering and infrastructure teams — the company announced a series of new hardware and software projects that aim to support the next generation of AI applications. The event featured speakers from Meta who shared their insights and experiences on building and deploying AI systems at large scale.?

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