💪 Turning AI weaknesses into Business Opportunities.

Plus: Adobe Firefly is out, and A new LLM is in town and 15x more powerful.

A Banksy got everyday investors 32% returns? You can be part of this too.

Greetings everyone,

Today is National Cheeseburger Day 🍔, so grab a juicy one and enjoy the latest AI and Tech trends. Today we share the best meal-planning and recipe AI tools. We list the top companies working on AI cybersecurity an area with tremendous business opportunities. Also, a new LLM is in town, Adobe FireFly is out, and more.

This is what is going on today:

  • Important AI News and Tech Trends.

  • Turning AI weaknesses into Business Opportunities.

  • Adobe's Game-Changing Firefly AI Now Live.

  • A New LLM 15x more powerful than Metas’s Llama.

  • AI Tools of the Day (Meal Planning and Recipe creation).

💪🏽 Important AI News and Trends.

  • Three in Four Americans Believe AI Will Reduce Jobs, Do you? (Gallup)

  • Bird Buddy, the AI-powered bird feeder startup, lets anyone birdwatch (TC)

  • Generative AI is just a phase. What’s next is interactive AI. (MIT)

  • Effects of AI on Knowledge Worker Productivity and Quality (SSRN)

  • Copyright and the Generative AI Supply Chain (SSRN)

🌐 Web3 and Tech news.

  • The Only Safe Way to Store Crypto (Mirror)

  • Sam Bankman-Fried Blames Everyone but Himself for FTX's Collapse (Coindesk)

  • Three in Four Americans Believe AI Will Reduce Jobs, Do you? (Gallup)

  • Cat products, wellness services, and Halloween are pushing the economy (Forbes)

  • NFTs, Once Hyped as the Next Big Thing, trading dropped 81% (Bloomberg)

Turning AI weaknesses into Business Opportunities.

The emergence of AI systems is creating new security risks and attack surfaces, opening up a major opportunity for a new generation of AI-focused security platforms.

As we recently shared, organizations need capabilities to secure AI training data, models, interfaces, data leakage, and underlying infrastructure. Government regulations will also shape requirements. There is room for innovation to address gaps like protecting against data poisoning, prompt injection, and insecure code generation. Just as previous technology waves created the need for security tools like CASB and CSPM, the rise of AI will drive new platform plays focused on the security of generative models and mitigating novel exploits. AI security represents the next frontier and these companies are leading the way.

Mm-hmm, sure. So, what’s the catch? 

We know it may sound too good to be true. But thousands of investors are already smiling all the way to the bank, thanks to the fine-art investing platform Masterworks.  

These results aren’t cherry-picking. This is the whole bushel. Masterworks has built a track record of 16 exits, including net returns of +10.4%, +27.3%, and +35.0%, even while financial markets plummeted.

But art? Really? Okay, skeptics, here are the numbers. Contemporary art prices:

  • outpaced the S&P 500 by 131% over the last 26 years

  • have the lowest correlation to equities of any asset class

  • remained stable through the dot-com bubble and ’08 crisis

Adobe's Game-Changing Firefly AI Now Live.

Adobe has made its Firefly generative AI models available in its Creative Cloud, Adobe Express, and Adobe Experience Cloud after a beta period. They've introduced a credit system for usage, with different credit allocations for various subscription types. Firefly will run slower when credits run out, except for premium subscribers who can purchase additional credits. Pricing details are not disclosed yet. The credit system helps manage the resource-intensive service, ensuring fair use. Adobe has trained the models with its Adobe Stock images, making them safe for commercial use, and offers legal indemnification to enterprise users. The credit system enforcement starts on November 1 for eligible Adobe users.

A New LLM 15x more powerful than Metas’s Llama.

The LLM race doesn’t stop. Now Deci introduces DeciLM 6B, an efficient 5.7B parameter LLM with 15x higher throughput than Llama2 7B. Despite having fewer parameters, it achieves comparable performance to the top 7B models across benchmarks. DeciLM is special because it uses less energy and doesn't cost as much money to run as other LLMs. This means it can used DeciLM to build fun new apps and games!

🧰 AI Tools of the Day

AI Recipe Generator.

💰 Follow the Money

  • $1B, amount invested by SoftBank on autonomous trucking startup Stack AV (CBI)

  • $10M, Raised by Superorder to help restaurants with their online presence (TC)

  • $5K turned into $24.8M. How to be an Angel Investor. Anyone can do it. (BigTech)

📰 Publications I am currently reading and recommending:

Ad Message. See important disclosures at masterworks.com/cd

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