Meta CEO Mark Zuckerberg Unveils AI-Powered Assistant Meta AI to Compete with OpenAI's ChatGPT

Mark Zuckerberg, CEO of Meta, has introduced the company's new AI assistant, Meta AI, which will integrate with Facebook, Instagram, WhatsApp, and eventually, mixed reality devices. Meta AI is powered by the company's language model Llama 2 and was built in partnership with Microsoft Bing. The bot can answer questions, generate images using a new tool called Emu, and will be available for a limited group of US-based users on Facebook Messenger, Instagram, and WhatsApp. Meta's strategy is to create different AI products for different use cases, and the company also announced a collection of chatbots based on celebrities.

CIA Creates AI Chatbot to Verify Information for Spies

The CIA is developing its own AI chatbot to help verify information quickly. The tool will be trained on publicly available data and is being built in collaboration with other intelligence agencies. The chatbot will allow officers to analyze large amounts of data collected by the U.S. intelligence community.

However, concerns have been raised about the CIA's capabilities and how it will protect against leaks or dubious information finding its way onto the tool. The U.S. armed forces have also been exploring and expanding into AI, including deploying autonomous weapons and training AI to handle State secrets.

OpenAI's ChatGPT Can Now Browse the Web for Up-to-Date Information

OpenAI has announced that its artificial intelligence (AI) chatbot, ChatGPT, can now browse the internet to provide up-to-date information with direct links to sources. This feature is available immediately for Plus and Enterprise users using the GPT-4 model, with availability for other users coming soon. Prior to this update, ChatGPT's knowledge base was limited to data before September 2021, but now it can integrate current and authoritative information. OpenAI has also recently announced other updates to its products, including a multimodal update for ChatGPT and the latest version of its image generation AI, DALL-E 3.

Tubi introduces Rabbit AI, an integrated search feature to help viewers find content based on their mood

Tubi, a well-known video streaming platform, has launched Rabbit AI, an integrated search feature that suggests content based on conversational prompts to assist viewers who are unsure of what to watch. With over 50,000 movies and TV shows, Tubi has the largest content library and relies on engagement for revenue.

Rabbit AI, powered by ChatGPT, aims to improve the search experience by analyzing users' conversational search data and avoiding search hallucinations. The Writers Guild of America and the Alliance of Motion Picture and Television Producers have tentatively agreed after a 146-day strike, which will have a significant impact on the WGA's 11,500 members.

OpenAI's ChatGPT Upgrades to Speak, Listen, and See with Impressive Visual Capabilities

OpenAI's ChatGPT mobile app has been upgraded to include voice conversations and image recognition capabilities. Users can now engage in back-and-forth conversations with ChatGPT using their voice, and the app's image recognition feature allows users to upload or capture photos and receive contextual information.

The voice technology is powered by a text-to-speech model with five different voice options, and the image understanding feature is powered by GPT-3.5 and GPT-4 models. OpenAI acknowledges safety and privacy concerns and is actively working on risk mitigation strategies to promote responsible AI use.

Writers' Strike Reaches Tentative Deal on Wages and AI

The Writers Guild of America (WGA) and the Alliance of Motion Picture and Television Producers (AMPTP) have reached a provisional agreement for a new three-year contract, potentially ending the 146-day-long strike. The WGA has expressed confidence in the deal, which includes "meaningful gains and protections for writers in every sector of the membership," but specific terms have not yet been disclosed.

The union's leaders will vote on the deal on Tuesday, and if approved, it will proceed to a ratification vote by the general membership. The strike was sparked by concerns over pay, staff sizes on shows, and the use of artificial intelligence in script creation.

How AI Can Make Smart Contracts Accessible and Useful for Mainstream Use Cases

The potential of smart contracts as a technological resource in various industries has been the focus of ambitious research. However, their real-world track record remains unimpressive, and their unbreakable feature does not increase productivity and safety in practical use cases. The solution to this problem is the combination of AI and blockchain technology, which can bridge the gap between smart contracts and non-technical individuals.

The emergence of the legal engineer profession, experts in a new type of legalese that can be understood by both humans and computers, is a result of this combination. The use of transparent smart contracts on the blockchain has the potential to greatly increase transparency and improve productivity in various industries.

OpenAI seeks to sell existing shares at valuation of up to $90 billion

According to a report from Jinse Finance, citing sources from The Wall Street Journal, OpenAI is in talks with investors to sell existing stocks, and the valuation of this AI startup behind ChatGPT will be between 80 and 90 billion US dollars, almost three times higher than earlier this year. Currently, Microsoft holds a 49% stake in OpenAI. Previously, the company told investors that it expects revenue to reach $1 billion this year and increase by several billion dollars by 2024. OpenAI's main source of revenue comes from charging individual users and then opening up more powerful versions of ChatGPT, as well as licensing the large language model behind the AI robot to enterprises.

OpenAI Unveils Vision-Capable Model and Multimodal Conversational Modes for ChatGPT

OpenAI has revealed the latest upgrade to its ChatGPT system, including a vision-capable model and multimodal conversational modes. Users will be able to engage in conversations with ChatGPT, which can now understand spoken queries and respond in five different voices. The upgraded version will also allow users to include images in conversations and interact with ChatGPT in novel ways, such as taking a picture of a landmark while traveling and having a live conversation about it. The rollout will begin in the next two weeks for Plus and Enterprise users on mobile platforms, with access for developers and other users to follow soon after.

Concerns Raised Over Biased Algorithms and Inadequate Representation in AI's Use in Finance

The use of AI in various industries has sparked debates about its potential benefits and harms, including concerns about machine learning expansion, discrimination, misinformation, and societal risk. Regulators are taking note as the global AI market is projected to grow at a CAGR of 37.3% from 2023 to 2030. While AI has shown potential in financial services, concerns about inadequate representation and biased algorithms due to data and diversity issues have been highlighted.

Suggestions for diverse hiring and fostering inclusion within AI companies, ethical governance, and the power of imagination in AI development are emphasized in a recent article by Finance Magnates. Billie encourages responsible governance and suggests that AI should be seen as a tool to help achieve goals rather than a threat, with a focus on diversity, equity, and inclusion in AI.