✨ Is Meta just Chasing Shiny Technologies?

Plus: From Tiny AI Startup to a $30 Billion Giant, The amount of water AI wastes, and Voice Tools and trends.

September 11, 2023

Hi Everyone,

We are starting a busy week. Let’s go… Today we honored the victims of the 9-11 attacks which the world forever.

Tomorrow Walter Isaccsson's latest biography of Elon Musk hits stores. Mr. Isaccson’s books are a must-read, and we do not think this one will disappoint. Also, Apple is set to announce the iPhone 15. On Wednesday, Congress’ secretive meetings with the biggest names in AI will take place.

As for today’s issue, this is what we got:

  • Important AI News and Trends.

  • AI Tools of the Day (Voice Tools).

  • AI Prompts Consume as Much Water as a 16-ounce Bottle Every 5-50 Interactions.

  • From Tiny AI Startup to a $30 Billion Giant.

  • Is Meta just chasing shiny technologies?Subscribe now

💪🏽 Important AI News and Trends.

  • Warner Music Group Signs an AI Act (TheFutureParty)

  • I.R.S. Deploys Artificial Intelligence to Catch Tax Evasion (NYT)

  • Why Apple’s Plan to Make Chips in Arizona will Fail (Information)

  • Imbue raises $200M to build AI systems that can reason and code (site)

  • Build your own virtual world from a text prompt (TheVerge)

🌐 Web3 and Tech news.

  • TikTok’s New Amazon Copycat Is Full of Cheap Chinese Goods. (Bloomberg)

  • Google vs. US - Did Google abuse its power in online search? (NYT)

  • CFTC Charges 3 DeFi Protocols With Violating AML Rules (Decrypt)

  • Coinbase CEO: Crypto will be a 'hot topic' in the 2024 WH race (Yahoo)

  • Vitalik Buterin’s X account hacked, $691K+ drained from victims (CT)

🧰 AI Tools of the Day

Voice Tools.

  • WellSaid - Create voiceovers from text in real-time.

  • VoiceMod - Free Real-Time Voice Changer.

  • Coqui - Realistic, emotive text-to-speech through generative AI.

  • Murf - Studio-quality AI voice-overs for podcasts, videos, and all needs.

  • Speechify - Natural sounding, human-quality voice generator for all your content.

  • Ello - First virtual reading coach that works with real books.

AI Prompts Consume as Much Water as a 16-ounce Bottle Every 5-50 Interactions.

Developing AI models like ChatGPT consumes significant amounts of water for cooling supercomputers. Tech giants, including Microsoft and Google, have seen increased water usage due to AI demand.

Efforts to measure and reduce this environmental impact are underway, especially for ChatGPT, which consumes substantial water for each interaction. West Des Moines, Iowa, is an efficient training location due to its climate, but local authorities are pushing for water-saving technology. Microsoft is working with them to address this issue.

From Tiny AI Startup to a $30 Billion Giant.

OpenAI rapidly rose from a struggling nonprofit to millions overnight. But its path involved ethical tradeoffs, exclusive deals, and navigating risks it once vowed to solve.

Though it still pursues safe AGI, commercial demands have transformed its culture. With public trust at stake, its leaders now seek to steer policy while launching products that could outrace regulation. OpenAI aims to ethically align superintelligent AI, but its mercurial journey has kindled doubts it can balance commercial success with its lofty mission. Today, they face stiff competition and their strategies are constantly changing to balance success with ethics.

Is Meta just chasing shiny technologies? (WST)

Meta Platforms, the parent company of Facebook and Instagram, is in the process of developing a new, powerful AI system to rival OpenAI's advanced model. This AI model aims to surpass the capabilities of their recent release, Llama 2, and is primarily focused on generative AI tools.

Meta plans to commence training in early 2024, with substantial investments in data centers and advanced chips. The company also intends to open-source this new model, although there are concerns about potential risks, including misuse and disinformation. In recent years, Meta has undergone strategic shifts, from its Libra project to its rebranding as Meta to focus on the Metaverse and AI development. These shifts have raised questions about Meta's long-term goals and direction in the rapidly evolving tech landscape.

Uncover AI’s Potential with The Intelligence Age

The Intelligence Age newsletter provides in-depth, impactful insights connecting the dots on AI developments and their real-world business impacts, created by experts Isaac Ward, Casey Clifton, and Alex Brogan to equip readers to understand the sea of change driven by AI.

Insights Beyond Headlines: Technical AI insights, strategic application guidance, cutting-edge research dissected, and the latest 2000+ AI tools to equip decision-makers to effectively apply AI now and prepare for its future impacts. "Access Exclusive AI Insights" (Sponsored)

😂 Meme of the Day

📰 Publications I am currently reading and recommending:

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