Meta unveils new AI hardware + OpenAI releases official ChatGPT iPhone App

? Today’s Highlights - May 19

• ?? News: Meta unveils new AI hardware and OpenAI releases official ChatGPT iPhone App
• ??Funding: Instawork, Course5 Intelligence, Moon Surgical, Adarga, Mitiga Solutions
• ?? Tools: Generative AI for Email Design and Automate Customer Conversations

?? Today's Top Stories

Meta unveils new AI hardware, including chips, data centers, and supercomputers

(6 min read) (Source: VentureBeat)

TLDR: Meta is investing in AI infrastructure, including new hardware and software projects, to support advanced AI applications and optimize AI operations.

• They have developed their own AI data center design and the Meta training and inference accelerator (MTIA) chip to accelerate AI workloads in areas like computer vision and natural language processing.
• Meta is also working on generative AI tools for coding, similar to GitHub's Copilot, to provide code suggestions for Python and other languages, using large models with billions of parameters.

OpenAI Introduces ChatGPT App for the iPhone

(4 min read) (Source: The New York Times)

TLDR: OpenAI released an iOS version of ChatGPT, with new voice command features. An Android version is set to be released soon.?

• The release is an extension of OpenAI’s efforts to transform state-of-the-art research into useful tools that empower people, while continuously making them more accessible.?
• Apple had limited the use of external AI tools, including ChatGPT, as it develops its own similar technology, according to sources and a reviewed document.
• These generative AI chatbots, including ChatGPT, are expected to revolutionize various applications such as search engines, email programs, and content generation for students and businesses.

OpenAI, Microsoft, Google join AI talks at secretive meeting?

(5 min read) (Source: CNBC)

TLDR: OpenAI CEO Sam Altman will attend the secretive Bilderberg Meeting in Lisbon, joining top leaders from Microsoft, Google, DeepMind and other tech companies.

• Artificial intelligence will be a key topic of discussion among the business and political elites, alongside international relations, trade, energy, and finance.
• The three-day event, with around 130 participants from 23 countries, maintains secrecy with closed-door talks and Chatham House rules on speaker identities.

?? Funding Alerts - #fundingnews

1.? Instawork , a platform that connects businesses with skilled hourly workers, raised $60 million in a Series D funding round led by TCV ( Gautam Gupta , General Partner), with participation from investors like Benchmark , Spark Capital , Craft Ventures , 9Yards Capital , and Greylock .

• Instawork is the leading platform connecting businesses with skilled hourly workers in the food & beverage, hospitality, and warehouse/logistics industries.
• The funding will be used to provide training and certification opportunities for workers, launch an Instawork debit card, and invest in AI-driven capabilities to improve worker matching and workforce management.

2.? C5i , an Analytics & AI solutions company, raised $28 million in funding led by 360 ONE Asset Management Limited's Tech Fund.?

• They help organizations achieve digital transformation through AI, advanced analytics, and insights.
• The funds will be used for organic and inorganic growth, as well as investments in innovation and advanced AI technology, including deep learning, computer vision, natural language, and generative AI.

3.? Moon Surgical , a pioneer in collaborative robotics for surgeons, raised $55.4 million in additional funding, co-led by Sofinnova Partners and 英伟达 's venture capital arm, Ventures, with participation from other investors.

• Moon Surgical is focused on empowering surgeons with complete control and adaptable technology in the operating room.
• The funds will support the continued development and planned commercialization of their Maestro System, aiming to improve efficiency in operating rooms and provide better surgical care for patients using advanced robotics and technology.

4.? Adarga , an AI software specializing in information intelligence, raised $20 million in funding led by BOKA Capital ( John James , Managing Director), with a focus on deep tech sector investments advancing military and commercial markets.

• The London based company is a leading software specializing in information intelligence, helping defense, national security, and commercial organizations interpret vast amounts of data at high speed.
• The funds will support Adarga's rapid growth and expansion as it addresses the critical need for organizations to analyze fast-proliferating global information sources, understand emerging threats, mitigate risk, and remain competitive using its AI-driven platform for information processing and analysis.

5. Mitiga Solutions , a climate-tech company leveraging AI, raised €13.25 million in a Series A funding round led by Kibo Ventures ( Javier Torremocha , Managing Partner), alongside Microsoft Climate Innovation Fund ( Brandon Middaugh , Senior Director), Nationwide Ventures, Faber Ventures, and Creas Impacto.

• Mitiga Solutions leverages AI and high-performance computing to improve prevention, resilience, and adaptive capacity to climate-related hazards.
• The funds will be used to establish Mitiga Solutions as the market standard for Climate Score, expand their risk modeling offering, expand the science and business team globally, invest in cloud architecture and security, and advance climate science research. They aim to triple revenues in 2023.

?? Trending Tools - #aitools

• Yellow.ai launches YellowG, a next-gen conversational AI platform designed for automation tech. Streamline workflows, enhance processes, and foster innovation with generative AI and enterprise GPT. Experience its exceptional scalability and precision with cutting-edge multi-LLM architecture.
• Postcards by Designmodo , boost your email game with an intuitive email builder powered by AI. It's like Figma for email builders, helping you design beautiful email templates effortlessly, 20x faster. Perfect for marketers, designers, and business owners.
• Persana AI supercharges your prospecting efforts. Generate personalized messages, ask prospect-specific questions, and gain instant insights on prospects and companies. 10x your sales and outreach with AI powers.
• Brainfish revolutionizes customer support with instant AI answers. Eliminate delays, optimize experience, and reduce costs using the AI-powered help center platform tailored specifically to your content.
• Langdock is the all-in-one platform for creating, testing, deploying, and monitoring ChatGPT plugins. Simplify the integration process, monitor usage, and gain valuable insights?

?? More Reading:

• Only 1 in 10 workers have skills related to AI (CNBC)
• AI Chatbots Are Doing Something a Lot Like Improv (TIME)
• Where AI evolves from here (Axios)
• Hiding Behind the AI Apocalypse (The Atlantic)
• The Truth About Silicon Valley’s Itch for Doomsday Prepping (The Atlantic)

?? Fresh Content

1. ColdFusion Collective ( Dagogo Altraide ) goes in depth on all the AI announcements from Google I/O. He compares the new Google offerings to the analogous products from Microsoft and OpenAI.

2. If you want to lead your organization into a future that features generative artificial intelligence, you need to build the right culture for it.?

On Harvard Business Review ’s IdeaCast, editor Amy Bernstein speaks to two experts, Nitin Mittal and Tsedal Neeley , about how to adopt generative AI effectively and ethically within your organization.?

Mittal leads 德勤 ’s global AI business, Neeley is a professor at 美国哈佛商学院 . They discuss the risks, challenges, and emerging best practices of adapting organizational culture to generative AI.?