This week in AI news, Google’s new AI Overview search feature has experienced some humorous and occasionally serious flaws, while OpenAI formed a Safety and Security Committee in response to a safety issue that saw key team members depart. A new frontier model is being trained with “next-level capabilities”, warranting hopes that safety protocols will be prioritized. OpenAI has also acquired an abundance of training data thanks to a partnership with News Corp. The European EU ChatGPT Taskforce has launched an investigation into OpenAI’s compliance with GDPR rules, but results are still inconclusive.
Artificial Intelligence continues to impress, with the GPT-4 Turbo model even outperforming financial analysts in stock market predictions, and potentially replacing fund managers in the future. Controversy has sparked over artificial imitations of famous personalities, with an AI-generated ‘interview’ of Michael Schumacher drawing legal action from the family. Yet AI companions are also being explored as potential solutions to increasing rates of loneliness.
AI headphones have hit the market, enabling users to focus on single voices in noisy environments using Target Speech Hearing.
Elon Musk in an interview predicted that AI and robotics’ advancement could potentially result in all jobs becoming essentially hobbies, causing the public to question the implications of future unemployment.
In the financial sector, an AI company, xAI, achieved a valuation of $24 billion after a series B funding round, with Elon Musk intending to devote a significant portion of the funds towards building a “Gigafactory of compute” equipped with 100,000 NVIDIA H100 GPUs.
On another note, BingX’s Chief Product Officer, Vivien Lin, discussed the potential interplays of smart contracts, AI, and blockchain.
The largest AI industry event in North America, Ai4 2024, is due to occur in Las Vegas from 12-14 August, featuring 350 speakers. Other notable happenings include the Smart Data & AI Summit Saudi Arabia 2024, and a rise in AI advancements in China’s military.
