⚡🔋 Anthropic launches the plan which will bring them on top of OpenAI

And more: You can now have an AI teammate thanks to the Mayfield Fund, DPC are finally done with X and Elon Musk

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September 05, 2024

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🚀 Have you heard the latest AI news? Ready for today's tech whiplash? Let's go!

Anthropic's Claude is suiting up for the enterprise battle. It's like "The Office," but with more algorithms and less Dwight Schrute! 👔🤖

Mayfield's tossing $100M at an AI incubator. It's like "Shark Tank" for robots, minus the dramatic music! 🦈💰

Ireland's privacy watchdog and X kissed and made up over AI data use. It's a tech rom-com with less Hugh Grant and more GDPR! 💏📊

You.com scored $50M to challenge Google on hard questions. It's David vs. Goliath, but with search engines and venture capital! 🏹🔍

Ilya Sutskever's new startup just raised $1B for "safe" superintelligence. It's like putting training wheels on Skynet! 🚲🤖

And Qualcomm's stock is doing the happy dance after unveiling a new AI chip. Wall Street's suddenly very interested in silicon! 💃💻

Anthropic launches Claude Enterprise plan to compete with OpenAI

Anthropic has launched Claude Enterprise, a new subscription plan for its AI chatbot tailored for business customers. Key features include:

  • 500,000 token context window, processing up to 200,000 lines of code or dozens of 100-page documents

  • Projects and Artifacts workspaces for collaborative content editing

  • GitHub integration for engineering teams

  • Customizable access levels and activity tracing for security

  • No training on customer data

Claude Enterprise competes directly with OpenAI's ChatGPT Enterprise, offering:

  • Larger context window (2x larger than ChatGPT Enterprise)

  • Enhanced collaborative features

  • Direct codebase access

Anthropic hasn't disclosed pricing but confirms it's more expensive than their $30/month Team plan. Early adopters include GitLab, Midjourney, and Menlo Ventures.

The launch marks Anthropic's effort to catch up with OpenAI in the enterprise AI market. While offering unique features, Claude Enterprise's success will depend on widespread adoption to offset high inference costs. Read more

Mayfield allocates $100M to AI incubator modeled after its entrepreneur-in-residence program

Mayfield Fund has launched AI Garage, a $100 million incubator aimed at ideation-stage founders focused on building "AI teammate" companies. Unlike traditional accelerators, AI Garage is modeled after Mayfield's Entrepreneur-in-Residence program, providing intensive support without initial capital, but potentially offering $1-5 million once a viable business plan is developed. This initiative reflects Mayfield's strategy to gain early access to innovative AI startups, particularly those creating AI that collaborates closely with humans on complex tasks. Read more

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Ireland’s privacy watchdog ends legal fight with X over data use for AI after it agrees to permanent limits

Ireland's Data Protection Commission (DPC) has concluded its legal proceedings against X (formerly Twitter) over the use of user data for AI model training without consent. X agreed to permanently stop processing European users' data for AI training purposes. The agreement with the DPC avoids potential fines of up to 4% of global revenue for GDPR violations. The DPC also requested the European Data Protection Board provide guidance on the use of personal data in AI training, reflecting ongoing concerns about data privacy in AI development. Read more

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With $50M in new funding, You.com thinks its AI can beat Google on hard questions

If you build an AI search product, you compete with Google. But Google has a lot easier time answering queries with a single, simple answer, such as "how

techcrunch.com/2024/09/04/you-com-refocuses-from-ai-search-to-deeper-productivity-agents-with-new-50m-round

Ilya Sutskever's startup, Safe Superintelligence, raises $1B

Safe Superintelligence, ex-OpenAI chief scientist Ilya Sutksever's firm, has raised $1 billion from investors including Andreessen Horowitz.

techcrunch.com/2024/09/04/ilya-sutskevers-startup-safe-super-intelligence-raises-1b

Qualcomm stock rises after unveiling new AI PC chip

Shares of Qualcomm (QCOM) are rising after the company unveiled its newest AI PC chip. Catalyst Hosts Brad Smith and Madison Mills break down the chip's abilities as the company seeks to compete with other chip names like Intel (INTC).

finance.yahoo.com/video/qualcomm-stock-rises-unveiling-ai-155422631.html

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Andrew Ng

Andrew Yan-Tak Ng is a British-American computer scientist and technology entrepreneur focusing on machine learning and artificial intelligence.

My Drama, a short series app developed by Ukraine-based Holywater, is launching AI-powered chatbots to enhance viewer engagement with fictional characters. Since its April launch, the app has gained 1 million users and generated $3 million in revenue, capitalizing on the growing short drama app market.

The new feature allows viewers to interact with AI versions of characters from the shows, starting with Jaxon from "The Shy Beauty and the Billionaire Beast" and Hayden from "Love Captive to a Mafia Boss." Users can chat with these characters, ask for images, and participate in gamified interactions to build trust and deepen their connection to the storylines.

My Drama leverages AI for various aspects of content creation, including scriptwriting, localization, and voice acting. The company aims to reduce production costs by 40% using AI technologies by year-end. Future plans include allowing users to influence storylines through character interactions and introducing video and voice chat capabilities.

While the use of AI raises concerns about actor compensation, Holywater claims that actors portraying AI companions can earn up to $10,000 per month through a combination of fixed rates and royalties. The company emphasizes that all actors have consented to the use of their likenesses for AI purposes.

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🛸Let’s Teleport in The Future

Elon Musk Launches Colossus: A Record-Breaking AI Supercomputer

Key Points:

  1. New Supercomputer: Elon Musk has activated Colossus, described as the world's largest Nvidia GPU supercomputer.

  2. Rapid Development: The supercomputer was built in just three months from start to finish.

  3. Location: The supercomputer cluster is based in Memphis.

  4. Expansion Plans: Musk aims to double the capacity of the Memphis supercomputer cluster in only a few months.

  5. Potential Benefits: The article suggests that Tesla investors could benefit from this development, possibly through applications related to Optimus, Tesla's humanoid robot project.

  6. xAI Connection: The supercomputer is associated with xAI, Musk's artificial intelligence company.

Implications:

  1. AI Advancement: This development signifies a major leap in AI computing capabilities, potentially accelerating AI research and development.

  2. Competition in AI: The rapid deployment of such a powerful system could intensify the race in AI technology among major tech companies.

  3. Tesla's Future: The mention of potential benefits for Tesla investors hints at possible integrations or applications of this computing power in Tesla's projects, particularly in robotics.

  4. Musk's AI Ambitions: This move underscores Musk's serious commitment to advancing AI technology through xAI.

Context:

This development comes amid increasing competition in AI, with companies like OpenAI, Google, and others making significant strides. Musk's entry with such a powerful system could potentially shift the landscape of AI research and development.

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I hope you find these resources helpful.Let me know if you have any questions, if there's anything else I can do to assist you, or what you would like to learn more about in AI.

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