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As you have heard, Sam Altman is back at the helm of OpenAI, but how did it happen? Also, Anthropic tries to take advantage of OpenAI’s drama and releases a new model to entice doubters, we have the Cheat Sheet of the week, the Money section, and Tools of the Day.

This is what’s going on:

• How did Sam Altman Return as OpenAI CEO?

• Anthropic quickly releases a new model to entice ChatGPT doubters.

• Cheat Sheet of the Week

• 🤔 What Does that even Mean? (Supervised Vs. Unsupervised Learning)

• 💡 AI Hacks and Tricks

• 🧰 AI Tools of the Day (Podcast Tools)

• 💰 Follow the Money

💪🏽 Important AI News and Trends.

• In case you didn’t know, Sam Altman to returned as CEO of OpenAI (TheVerge)

• Amazon training AI with twice as much data as GPT-4 (Byte)

• Microsoft and Nvidia are making it easier to run AI on Windows (TheVerge)

• Google Delays Launch of GPT-4 Rival Gemini (UCToday)

• The Implications of the OpenAI Fiasco on Startups (TomTunGunz)

• Four ways AI is making the power grid faster and more resilient (MIT)

🌐 Web3 and Tech news.

• Binance's CEO pleads guilty, quits to settle US illicit finance probe (Reuters)

• A class-action lawsuit against Meta over its use of copyrighted materials to train its AI has been stripped of basically all its charges by a federal judge (HReporter)

• xAI’s chatbot Grok is already being used by X’s employees (TC)

• Twitter’s former head of safety is ready to talk (MIT)

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How did Sam Altman Return as OpenAI CEO?

Allegedly, this is the research paper that started the discord between Sal Altman and Helen Toner, a very accomplished AI scholar who was, yes she was, an Open AI Board Member. The paper highlighted profound ethical concerns regarding the rapid development and deployment of AI technologies. The past 5 days have been full of turmoil and changes and the latest, not necessarily the end of this soap opera, is that Sam Altman has been reinstated as CEO of OpenAI after a brief ousting that led to an internal mess. Alongside him, co-founder Greg Brockman returns, following a board dispute that saw OpenAI facing an employee revolt and potential mass defection to Microsoft. The company's current new board, includes Bret Taylor, Larry Summers, and Adam D'Angelo, with a mandate to appoint additional members for governance restructuring.

Microsoft, a major investor in OpenAI, is seeking representation on this expanded board, emphasizing a desire for stability and no surprises. An investigation into the events leading to Altman's initial dismissal is planned. Altman's return was described as vital for OpenAI's integrity and future by investor Thrive Capital, while key figures involved expressed relief and a readiness to move forward. We shall see what the next days will bring, but at least we have a lot to share about AI and its drama during thanksgiving break.

Anthropic quickly releases a new model to entice ChatGPT doubters.

As the OpenAi drama had us wonder about the future of ChatGPT, many of use were searching for alternatives. Anthropic, among OpenAI competitors, knew this and they were quick to release an amazing upgrade to their Claude Model.

Clause 2.1, now provides a 200K token context for handling extensive documents and reduces false statements by 50%, enhancing its dependability for tasks like summarization and document analysis, and can digest up to 150k words. It introduces a beta 'tool use' feature for better API interaction and a Workbench product for developers to refine prompts. These features are designed to deliver a more advanced and secure AI, accessible via API and claude.ai chat, with premium options for Pro users. Their Pro pan is $20 a month, the same as ChatGPT Plus.

Cheat Sheet of the Week

Source

💡AI Hacks and Tricks

• Tips for a Safer Online Shopping Season.

• Hacks To Cut Shopping Costs, Save Money With AI This Christmas.

• How AI Can Save You Money on Travel.

🧰 AI Tools of the Day

Podcast Tools.

• Magicast AI - Platform to generate personalized podcasts.

• Scribbler - AI-powered Summaries for Podcasts and Youtube.

• Slayer - Create personalized audio stories, podcasts, and meditations.

• Enhance Audio - Remove background noise and clean up audio.

• Timebolt - Remove silence, speed up scenes, and cut commentary in video and podcasts

We have added over 100 tools to our AI tools database. Get 250+ Tools free here.

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💰 Follow the Money

• $11.9 Billion, the amount “AI Asset Management” Market will reach by 2030.

• $72 Million was raised by RateGain, to power its travel and hospitality clients.

• $208 Million raised by Israeli startup AI21, valued at $1.4 bln.

📰 Publications I am currently reading and recommending:

• Chartr - The world explained in Charts.

• Growth Forum - Hacks and tips to grow your business.

• 1 Minute Question - Motivation for business owners and entrepreneurs.