⚡︎🔋OpenAI is developing AI capable of human-like reasoning

And more: All 28 US AI startups that raised $100 M or more in 2024

Good morning, aspiring leaders of the next-gen! ☀️

🚀 Here’s what’s going on today in the AI space…

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In the latest episode of TechCrunch's Equity podcast, discussions centered on Google's potential acquisition of Wiz, a cloud security firm, for about $23 billion. The episode also covered whistleblower allegations against OpenAI regarding restrictive NDAs that hinder communications with regulators. Moreover, the conversation touched on the investment surge in AI technology, contrasting with its slow revenue generation, hinting at a possible AI investment bubble. Finally, the revival of e-bike company VanMoof under new ownership was discussed, focusing on their strategy to regain customer trust post-bankruptcy. Read more

OpenAI is advancing towards developing AI capable of human-like reasoning, classified as "Reasoners" in their five levels of artificial general intelligence (AGI). Currently at level 1, OpenAI aims to progress to level 2, focusing on human-level problem-solving abilities. This step is part of broader efforts to achieve AGI that can operate autonomously and inventively, mirroring the developmental stages of autonomous vehicles. This initiative underscores OpenAI's mission to develop AGI that benefits all of humanity, amidst skepticism about the feasibility of such advanced AI through current methods. Read more

Arati Prabhakar, director of the White House’s OSTP and top tech advisor to President Joe Biden, emphasizes the urgency of regulating AI. Appointed in 2022, Prabhakar discusses her broad government and private sector experience, focusing on enhancing public and private sector R&D. She addresses the balance of AI advancements and safety, notably the impact on privacy, misinformation, and the risk of deepfakes. Prabhakar also explores her role in guiding AI regulations, including managing risks to fully harness AI’s benefits for societal good. The conversation also touches on the government's efforts in semiconductor R&D and manufacturing, highlighting the strategic importance of reducing dependency on foreign chip production. Read more

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

The question of whether a computer can think is no more interesting than the question of whether a submarine can swim.

Edsger W. Dijkstra

Edsger Wybe Dijkstra was a Dutch computer scientist, programmer, software engineer, mathematician, and science essayist.

The construction industry struggles with slow payment cycles, often taking 2-3 months. This issue, caused by back-office inefficiencies and complex payment chains, prompted Matthew Calvano, Henry Bradlow, and Francisco Enriquez to create Adaptive in 2021.

This platform simplifies construction payments by automating financial management through AI, thus accelerating payment processes and reducing manual labor. Recently, Adaptive closed a $19 million Series A funding round led by Emergence Capital, increasing its total funding to $26.4 million. With over 280 clients, Adaptive is expanding rapidly and plans to grow its workforce, aiming to further innovate construction financial management and explore new monetization avenues in integrated payments and financial services.

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🛸 Let’s Teleport in The Future

Microsoft Revolutionizes Spreadsheet Analysis with SPREADSHEETLLM

Microsoft researchers have unveiled SPREADSHEETLLM, a groundbreaking framework that enhances large language models' (LLMs) ability to process and analyze complex spreadsheet data. This innovation promises to transform how we interact with and extract insights from spreadsheets.

Key Features:

  1. SHEETCOMPRESSOR: A novel encoding method that compresses spreadsheets by up to 96%, allowing LLMs to handle much larger datasets within their token limits.

  2. Improved Performance: SPREADSHEETLLM significantly boosts accuracy on spreadsheet understanding tasks.

  3. Cost Efficiency: By reducing the amount of data processed, it dramatically cuts computational costs.

Potential Impact:

  • Data Analysis: Enables more efficient analysis of large, complex datasets.

  • Business Intelligence: Could revolutionize how companies extract insights from their spreadsheet data.

  • Accessibility: Makes advanced data analysis more accessible to non-experts.

This development addresses a significant challenge in applying AI to spreadsheet data. Traditional LLMs often struggle with the structured nature of spreadsheets and their token limits. SPREADSHEETLLM's compression technique allows these models to "see" more of the spreadsheet at once, leading to better understanding and analysis.

As businesses and researchers increasingly rely on large datasets, tools like SPREADSHEETLLM could become invaluable. They promise to speed up data analysis, reduce errors, and potentially uncover insights that might be missed by human analysts or less sophisticated tools.

Microsoft's innovation represents a significant step forward in making AI more practical and powerful for everyday data tasks.

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Prompting

Your Book Guru

I went to the library (something that Bee and I do almost every week), and this book caught my eye. What exactly is this book about? Is it worth reading? I asked ChatGPT and got quite a clear answer.

GPT-4o can give you the answer! Ask the AI to give you a digest or feedback on the book recommendations, and you will instantly get an idea of what the book is about.

As you can see, we are only exploring the image and vision capabilities of the AI tool, although GPT-4o can also handle voice and audio.

Hands-on: Supercharge With AI Tools

Work smarter, not harder!

Introduction to Synthesia: Synthesia is a leading AI video communications platform that allows users to create professional, studio-quality videos from text in minutes. With AI avatars and voiceovers available in over 130 languages, Synthesia simplifies video creation, making it accessible and efficient for everyone.

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Visit Synthesia AI: → https://www.synthesia.io

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!

No more playing catch-up. It's time to GET AHEAD!!! 🚀🚀🚀

🙌🏼

Elena

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