👑Will Google Take the AI Crown from OpenAI?

And: FTC Scrutinizes Tech Giants' AI Investments + AI is Quickly Revolutionizing the Package Delivery Industry.

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Happy Monday,

We can smell Google coming back for the AI crown. For years they were cautious about releasing AI models, but not anymore. The FTC is investigating all AI investments as the tech is permeating every corner of our lives extremely quickly.

Let’s dive in…

  • Will Google Take the AI Crown from OpenAI

  • Learn OSS repos using AI (Here)

  • FTC Scrutinizes Tech Giants' AI Investments

  • AI is Quickly Revolutionizing the Package Delivery Industry.

Our Sections:

  • 📰 News and Trends

  • 🤔 What Does that even Mean? Term of the Day ()

  • 💰 Follow the Money

  • 🧰 AI Tools of the Day (Personal Assistant)

  • Google’s New AI Is Learning to Diagnose Patients (Spectrum)

  • Experts Warn North Korea is using AI for nefarious purposes (Futurism)

  • China has approved dozens of AI models for public use (Reuters)

  • A George Carlin “AI comedy special” was written by a human (NYT)

  • Instacart is using gross AI-generated food photographs (BI)

  • How existential risk became the biggest meme in AI (MIT)

🌐 Other Tech news

  • Tech layoffs sum 25K in Jan., highest since Mar. (Layoffs)

  • The US’s largest solar + battery storage project just came online (Electrek)

  • First Bipedal Robots With Hands Coming to BMW Factory (Gizmodo)

  • The Pentagon Tried to Hide That It Bought Data Without a Warrant (Wired)

  • MIT researchers have developed a rapid 3D-printing technique that uses liquid metal a process that takes minutes instead of hours (Engadget)

  • X blocks Taylor Swift searches after fake AI videos go viral (FT)

Will Google Take the AI Crown from OpenAI

In the dynamic landscape of AI technology, Google's Bard, also known as Gemini Pro, has outperformed OpenAI's GPT-4, securing the second position in the HuggingFace Chat Bot Arena Leaderboard. Despite this, Gemini Pro is not Google's top-tier model, hinting at the potential of the unreleased Gemini Ultra. Meanwhile, OpenAI, following the success of GPT-4, has launched the GPT-4 Turbo preview model, designed to enhance code generation and task completion. This model aims to reduce instances of incomplete responses. OpenAI may soon unveil GPT-5 (perhaps Q2 2024), keeping up with the rapid advancements in the field.

In parallel, Meta's upcoming Llama 3 is speculated to challenge GPT-4's capabilities. Google, a pioneer in large language models with its BERT in 2018, has traditionally been cautious in releasing its models, focusing on research and concern over misuse. In contrast, OpenAI's open approach with GPT-3's API release fostered widespread AI adoption and innovation. Google, leveraging its vast data and computational resources, is now entering the conversational AI arena more assertively with Bard, signaling a shift in its strategy and a direct competition with OpenAI. This development, coupled with Google's integration of generative AI features like "Help me Write" in Chrome, positions Google as both an early leader and a formidable contender in the evolving AI landscape.

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📁 Learn OSS repos using AI

Explore 300+ open-source repos by talking to them using AI (Here)

OSS libraries are software libraries where all the source code is available in the public domain.

FTC Scrutinizes Tech Giants' AI Investments

The Federal Trade Commission (FTC) has launched an investigation into the investments of major technology companies like Microsoft, Amazon, and Alphabet in AI startups such as OpenAI and Anthropic.

This inquiry aims to assess the impact of these investments on market competition in the generative AI industry. Key players include Microsoft with a significant investment in OpenAI, including a rumored $10 billion infusion and a board position, and Amazon and Google with substantial investments in Anthropic. The FTC's probe focuses on how these financial relationships influence product development, market share, and competition dynamics. Additionally, the investigation highlights the U.S. government's growing interest in the intersection of big tech and AI, ensuring that advancements in AI technology foster healthy market competition.

New technologies constantly send ripples through the business world, and AI is no different. Being at the forefront of this new technology often means adopting an 'infinite learner's mindset.' The Masters of Scale newsletter can help you cultivate that exact mindset. It is a weekly collection of the most meaningful themes and learnings from the Masters of Scale community of iconic leaders. Receive insights and stories from entrepreneurs and AI experts.

AI is Quickly Revolutionizing the Package Delivery Industry.

The logistics of consumer deliveries are on the brink of transformation thanks to AI. Innovations include AI-enhanced drones, like those from Wing and Amazon, which promise to streamline the last mile of delivery by avoiding traffic and parking issues.

Companies like Vault Robotics are tackling the 'last 50 feet' challenge with robots capable of navigating complex terrains, potentially deployed from moving vans. AI is also being leveraged to predict available parking spaces in real-time, significantly reducing the time delivery drivers spend searching for parking. Furthermore, AI technologies are enhancing driver safety, with systems like Motive's dashcams and AI omnicams alerting drivers to unsafe behaviors and eliminating blind spots. Additionally, route optimization is being refined with AI, considering factors like parking convenience and safety, to determine the most efficient paths. These advancements are set to make package delivery faster, cheaper, and safer, reshaping the entire delivery landscape.

💰 Follow The Money

  • $50M obtained by Krutrim, an Indian startup that is developing voice-enabled generative AI applications.

  • $50M collected by AiDash, a four-year-old startup based in San Jose, Ca., that uses AI and satellites to spot fire and weather risks on power lines.

  • $20M raised by Legal Generative AI Assistant Spellbook.

  • $12M acquired by AiCure, a NYC-based AI and advanced data analytics company focused on clinical trials.

  • $7M collected by Digs, a Vancouver-based AI collaboration platform provider for home builders and homeowners.

  • $4.7M raised by RagaAI, a CA-based technology company that specializes in AI testing.

  • $100K obtained by Legalyze.ai, a TX-based AI startup for lawyers.

🤔 What Does that even Mean? Term of the Day

Underfitting: The opposite of overfitting, where a model is too simple, making it unable to capture the underlying trend of the data.

Example: A stock price prediction model that only uses the day of the week for forecasting, neglecting factors like market trends and economic indicators, is overly simplistic and fails to capture the complexities of stock market movements, resulting in inaccurate predictions.

📰 Publications I am currently reading and recommending:

  • Tim Ferris - Get the 5 Things I've Been Loving, Using, and Reading: Books, Gadgets, Hacks, and More.

  • 1-Minute Question - Based on Neuroscience Science Practices to rewire your brain for success.

  • How Brands Win - Distills the strategies behind great brands. And gives you actionable insights for your business.

🧰 AI Tools of the Day

Personal Assistant

  • Mavex - Help with tasks, from scheduling and calendar management to email drafting and beyond.

  • Voyp - Handles everything from making appointments to booking reservations, all with the ease of simple voice commands.

  • Botr - Personal assistant, advisor, and companion all rolled into one.

  • Nova - AI that can be trained to help you with your work, your life, or just to have fun.

We have added over 100 tools to our AI tools database. Get more than 300+ Tools free here.

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