⚡🔋 Government hires an AI assitant 🫢

And more: Apple partners with Google on iPhone 16's visual search, Democratic senators request AI tools to be investigated

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Good morning, aspiring leader of the next generation! ☀️

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

The government's launching Gov-GPT. Finally, a chatbot that can explain tax laws and still be just as confusing as a human! 🏛️🤖

Apple's playing nice with Google for iPhone 16's visual search. It's like the tech version of "The Odd Couple," but with more pixels and less sarcasm! 👀🤝

Glean just doubled its value faster than you can say "AI-powered search." It's like they found the cheat codes for Silicon Valley! 💰🔍

Smartcat snagged $43M for AI translations. It's like Babel fish from "Hitchhiker's Guide," but with more funding and less fish! 🐠💬

Google's spilling the beans on Gemini. It's like they're unveiling the secret recipe for their AI soup! 🍲🤫

And now AI Seed Grants are supporting trustworthy tech. It's like giving a lie detector test to your Alexa but with more paperwork! 📝🔍

So, what's your bet? Will we all be chatting with Gov-GPT about our parking tickets next month, or will the robots just take over our United Nations translation services? 🌐😂

Government to launch AI chatbot called Gov-GPT

The New Zealand government is launching an AI-powered virtual assistant called Gov-GPT, modeled after ChatGPT. Key points include:

  • Announced by Technology Minister Judith Collins at the Aotearoa AI Summit

  • Pilot run by Callaghan Innovation

  • Designed to help citizens easily access government information

  • Part of a vision for a "digital front-door" to government services

  • Separate program to encourage AI adoption by businesses

  • Offers research access, expert assistance, and potential grants

  • Aimed at maximizing AI's value for the economy and citizens

  • AI predicted to contribute $76 billion annually to NZ's GDP by 2038

  • Funded through existing baselines

Collins emphasized the importance of supporting businesses in AI awareness and adoption to capitalize on benefits as global AI adoption accelerates.

This initiative marks a significant step in New Zealand's digital governance strategy, aiming to improve public service accessibility while fostering AI innovation in the private sector. Read more

Apple partners with third parties, like Google, on iPhone 16’s visual search

At Apple’s "It's Glowtime" event, the company introduced its "Visual Intelligence" feature for the iPhone 16, partnering with Google and others to enhance visual search capabilities. Users can now access Google’s visual search via the new Camera Control button, which also integrates third-party tools like ChatGPT for educational purposes. This marks a shift in how users interact with AI-driven services on iPhones, offering easier access to external apps and information without launching standalone applications. Read more

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AI-powered search startup Glean doubles valuation in new funding round led by Altimeter

AI-powered search startup Glean has raised $260 million in a Series E funding round, doubling its valuation to $4.6 billion. The round was led by Altimeter and DST Global, with participation from new investors like Craft Ventures, Sapphire Ventures, and SoftBank Vision Fund 2. Glean, founded in 2019, offers AI-driven enterprise search solutions, competing with tech giants like Microsoft and other AI startups. The company aims to capitalize on the growing AI sector, with global enterprise spending on AI projected to reach $143 billion by 2027. Read more

📔#1 Insights Today on AI. Click the Links to Read

AI is not just about creating smart machines, but about creating tools that make us smarter. It's about amplifying human intelligence and creativity in ways that allow us to solve problems we couldn't even conceive of before.

Daniela Rus

Daniela L. Rus is a roboticist and computer scientist, Director of the MIT Computer Science and Artificial Intelligence Laboratory, and the Andrew and Erna Viterbi Professor in the Department of Electrical Engineering and Computer Science at the Massachusetts Institute of Technology.

Cambridge University spinout CardiaTec is leveraging AI to combat cardiovascular diseases (CVD), the leading cause of death globally. Founded in 2021 by biotech graduates Raphael Peralta and Thelma Zablocki, along with AI expert Namshik Han, the company has secured $6.5 million in seed funding to advance its mission.

CardiaTec aims to revolutionize drug discovery for CVD by analyzing vast amounts of biological data. The startup has partnered with 65 hospitals across the UK and US to collect human heart tissue, building what it calls the "largest human heart tissue-multi-omics dataset." This comprehensive approach allows CardiaTec to compare healthy and diseased tissues, generating crucial data for its computational models.

By focusing on cardiovascular disease, an area underserved by AI-first companies, CardiaTec differentiates itself in the competitive AI drug discovery landscape. The company's approach promises to accelerate the identification of novel, targeted therapeutics while potentially reducing the astronomical costs associated with traditional drug development.

With this new funding, CardiaTec plans to extend its data-gathering efforts, validate therapeutic targets, and expand its team. As the company progresses toward identifying and testing drug candidates, it represents a promising intersection of AI technology and critical medical research in the fight against the world's biggest killer.

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Democratic Senators Urge FTC to Investigate AI Content Summaries as Potentially Anti-Competitive

Key Points:

  1. Request for Investigation: A group of Democratic senators, led by Amy Klobuchar (D-MN), has asked the FTC and Justice Department to investigate AI tools that summarize online content.

  2. Concerns Raised:

    • AI summaries may exacerbate problems for journalistic outlets facing consolidation and layoffs.

    • These tools could keep users on the original search platform, benefiting only the platform through advertising and data collection.

    • Some AI features may misappropriate third-party content.

  3. Publisher's Dilemma:

    • Publishers must choose between allowing their content to be summarized or opting out of search indexing entirely.

    • Opting out would result in a significant drop in referral traffic.

  4. Potential Violations:

    • Senators suggest these practices may be a form of exclusionary conduct or unfair competition.

  5. Industry Context:

    • Major platforms like Google and Meta generate billions in ad revenue from content created by others.

    • This issue follows previous concerns about news licensing negotiations.

  6. Political Implications:

    • This move may be part of a broader strategy to address AI's impact on content creators and publishers.

    • It could lead to new legislation if regulatory bodies can't act under current laws.

  7. Signatories: Includes Senators Richard Blumenthal, Mazie Hirono, Dick Durbin, Sheldon Whitehouse, Tammy Duckworth, Elizabeth Warren, and Tina Smith.

Challenges:

  • Proving anticompetitive behavior requires demonstrating overwhelming market power and specific legal violations.

  • The bar for anticompetitive behavior is quite high.

Potential Outcomes:

  • This could be a prelude to new legislation addressing AI's impact on content creation and distribution.

  • It may lead to increased scrutiny of AI applications in content summarization and search.

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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.

Have an amazing day!

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Elena

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