Newsletter: June 2023

Published on
June 30, 2023
July 3, 2024
Newsletter: June 2023
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Advancements in AI Newsletter
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Featured GenAI news

Generative AI adoption surges in tech firms

A survey by Altman Solon states 25% of US tech firms use AI for software development. The study predicts a rise in AI use in businesses within a year. Software development has the highest AI adoption at 22%. This is followed by marketing, customer service, and product development. Customisation is the key decision factor in development and deployment. [Read more]

European Parliament's Drafts AI Law

The draft law in the European Parliament stands as the most comprehensive global initiative to tackle the potential risks associated with artificial intelligence, marking a significant step towards addressing its potentially harmful effects. [Read more]

When will GPT-5 be released?

OpenAI is steadfast in its decision not to develop GPT-5. This decision is based on concerns from industry leaders and academics about the fast progression of LLMs. The pledge, backed by Microsoft, remains relevant months after it was made. [Read more]

GenAI news snapshots

  • Auto-GPT vs ChatGPT: How do they differ and everything you need to know. [Read more]
  • NVIDIA powers cloud services, pre-trained models, and advanced frameworks for enterprise generative AI applications. [Read more]
  • Leading AI Experts, sign a statement warning of AI-driven extinction, urging global risk mitigation comparable to pandemics and nuclear war. [Read more]
  • Google introduces 'Search Generative Experience', offering ChatGPT-like AI results in search, potentially minimising external clicks, currently opt-in. [Read more]
  • Meta AI's Megabyte model, generating over a million tokens, surpasses Transformer models, potentially redefining AI's future capabilities. [Read more]

GenAI tools: Try this at home

  • FinChat is an AI-powered chatbot specifically designed for the finance sector, providing advanced stock analysis tools. [Read more]
  • VoxelGPT: An AI Assistant for Computer Vision that combines powerful language models with FiftyOne's Vision Query for enhanced analysis and machine learning. [Read more]
  • Mage: GenAI art platform that offers 50+ custom AI models for personalised, unfiltered text-to-image and text-to-GIF content creation. [Read more]
  • Evaluate multiple LLMs easily. Aviary allows interaction with multiple LLMs in one location. You can compare, rank model outputs and estimate cost and latency. [Read more]
  • Ministudio launches the AI for kids and parents, an AI app that brings children's drawings to life using AI. [Read more]
  • Video-ChatGPT: A move towards Detailed Video Understanding via Large Vision and Language Models. [Read more]
  • MusicGen: A single Language Model designed to process multiple streams of compressed discrete music representations, revolutionising music generation. [Read more]

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Written by our Data Scientists and Machine Learning engineers, our Advances in AI newsletter will keep you up to date on the most important new developments in the ever changing world of AI
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