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  • βš‘πŸ”‹ You might have to pay $2000 for ChatGPT in the near future

βš‘πŸ”‹ You might have to pay $2000 for ChatGPT in the near future

And more: Elon Musk shuts down rumours about Tesla planning to license AI models from xAI, RackCorpAI introduces the first sovereign AI platform

Good morning, aspiring leader of the next generation! β˜€οΈ

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

ChatGPT might cost $2,000 a month soon. It's like a gym membership, but instead of not using the treadmill, you're not using an AI! πŸ’ΈπŸ€–

Apple's AI delays might rain on iPhone 16's parade. It's the tech equivalent of showing up to prom in last year's dress! πŸ“±πŸ‘—

Elon says Tesla doesn't need xAI models. It's like saying your sports car doesn't need that fancy air freshener – it's already got that new car smell! πŸš—πŸ’¨

We've got real estate revolutions and beanie baby economies. It's like Monopoly and Pokémon had a baby, and it's all grown up now! 🏠🧸

All Hands AI snagged $5M to build open source agents. It's like giving away the recipe for your secret sauce, but the sauce is made of code! πŸπŸ’»

And AI is apparently a mirror into the self. So, if your AI assistant is sassy and procrastinates, maybe it's time for some self-reflection! πŸͺžπŸ˜…

So, what's your bet? Will we all be mortgaging our houses to chat with AI next month, or will the robots just take over our therapy sessions? πŸ›‹οΈπŸ˜‚

ChatGPT Could Cost $2,000 a Month: Get Ready to Pay More

OpenAI is considering a significant price increase for ChatGPT's business subscriptions, potentially reaching $2,000 per month. Key points include:

  • Price hike targets ChatGPT Enterprise, Team, and Edu plans

  • Over 1 million paying users for enterprise-focused services

  • New models (Strawberry and Orion) promise improved reasoning capabilities

  • High operational costs, especially from free users, driving price considerations

  • Enterprise plans offer advanced features like unlimited GPT-4 access and enhanced security

  • Price increase reflects growing AI sophistication and value

  • Challenges in balancing innovation with accessibility

  • Potential risk of losing market share to competitors

  • Half of paid users come from outside the US

The potential price increase highlights the evolving AI landscape, where advanced capabilities come with higher costs. While showcasing OpenAI's confidence in its technology's value, it raises questions about AI accessibility and may impact the company's market position. Read more

Apple Intelligence delays could impede iPhone 16 β€˜supercycle’

Apple's "Apple Intelligence" AI feature, expected to be part of the iPhone 16, may face delays that could impact the anticipated "supercycle" of iPhone sales. While announced at WWDC, full features like ChatGPT integration may not arrive until 2025. Apple's AI is focused on user experience with smaller models, unlike the large-scale systems used by Google or OpenAI. The iPhone 16 event will clarify these features, but limitations in key markets and product readiness could reduce immediate adoption. Read more

Elon Musk says Tesla has β€˜no need’ to license xAI models

Elon Musk has denied reports that Tesla plans to license AI models from xAI, his other company. While the Wall Street Journal suggested Tesla would use xAI's models for vehicle software and other projects, Musk clarified that xAI's massive models wouldn't be compatible with Tesla's vehicle systems. Musk stated that Tesla has benefited from discussions with xAI engineers but has no need to license its technology. Tesla shareholders have sued Musk over concerns about the overlap between the two companies. Read more

πŸ“”#1 Insights Today on AI. Click the Links to Read

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AI is not just a technological revolution; it's an intellectual revolution that will help us better understand ourselves and our place in the universe. It challenges us to rethink what it means to be intelligent and conscious

Max Tegmark

Max Erik Tegmark is a Swedish-American physicist, machine learning researcher and author. He is best known for his book Life 3.0 about what the world might look like as artificial intelligence continues to improve.

However, concerns about potential misuse and the need for regulations were also voiced. Pellerin, backing legislation to combat AI-driven misinformation, emphasized the importance of establishing guardrails for this technology.

Computer science professor Leilani Gilpin raised questions about the necessity of putting AI in people's pockets and the risk of "hallucinating" or generating inaccurate information. Some users found the AI verbose, providing unnecessarily detailed responses.

The "Add Me" feature, allowing users to insert themselves into group photos, particularly fascinated testers like Igor Gaspar. However, it also raised concerns about the potential for creating misleading images.

As AI becomes more prevalent in smartphones, companies like Google are taking steps to avoid controversy. The Pixel's AI assistant, for instance, declines to discuss elections or politics, and its image generation tool won't depict real people.

This blend of fascination and apprehension reflects the broader societal response to AI's rapid integration into everyday technology.

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πŸ›ΈLet’s Teleport in The Future

RackCorp Unveils RackCorp.ai: Australia's First Sovereign AI Platform

Key Points:

  1. Launch Event:

    • Held on August 8, 2024, at Crown Towers in Sydney

    • Attracted industry leaders, government officials, and media

  2. Platform Overview:

    • Named RackCorp.ai

    • User-friendly, secure, and compliant with Australian regulations

    • Powered by Katonic AI

    • Ensures data sovereignty and integrity

  3. Key Features:

    • Data remains within Australia's boundaries

    • Comprehensive data privacy and compliance

    • Support for AI frameworks, libraries, and productivity tools

    • Customized LLMs for various business needs

  4. Collaboration:

    • Partnership between RackCorp, Katonic AI, Hitachi Vantara, Hewlett Packard Enterprise, NVIDIA, and NEXTDC

  5. Applications:

    • Aims to increase productivity, automate processes, and improve customer experiences across various sectors

  6. Kangaroo LLM:

    • Launched Australia's first homegrown, open-source large language model

  7. Industry Impact:

    • Addresses critical concerns in global data flow

    • Offers businesses and government entities a trusted AI partner compliant with local regulations

  8. Key Speakers:

    • Included CEOs and CTOs from RackCorp, Katonic AI, Hitachi Vantara, HPE, NVIDIA, and NEXTDC

Quotes:

  • Lawrence Michael, CEO of RackCorp: "The launch of RackCorp's Sovereign AI Platform represents a pivotal moment for Australia's technological landscape."

  • Prem Naraindas, CEO of Katonic AI: "We've created an end-to-end AI ecosystem that empowers Australian businesses while ensuring data sovereignty and security."

Future Outlook:

The platform aims to expand into various sectors including healthcare, education, government services, agriculture, and business, with potential for growth as new partners join the ecosystem.

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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!

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

πŸ™ŒπŸΌ

Elena

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