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Reid Hoffman and Mustafa Suleyman Created Pi, a Safer Personal AI Chatbot
Plus: Google, Microsoft, OpenAI CEOs called to AI meeting at the White House
⚡ Today’s Highlights
📰 News: Inflection AI, from LinkedIn co-founder Reid Hoffman and DeepMind co-founder Mustafa Suleyman, created a safer personal AI chatbot called “Pi”
💰 Funding: Simpplr, Ten63 Therapeutics, Autonomize AI, and Sentera
🦾 Tools: Multilingual video conferencing is now possible with AI-powered real-time translation in 70+ languages
📅 Events: EmTech Digital, MIT Tech Reviews signature AI conference, continues today!
📰 Today's Top Stories
(4 min read) (Source: Reuters)
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TLDR: Inflection AI, founded by LinkedIn co-founder Reid Hoffman and DeepMind co-founder Mustafa Suleyman, has released its first AI chatbot product named "Pi." The chatbot uses generative AI technology to engage in human-like conversations with users, allowing people to ask questions and provide feedback.
Pi has been built to prioritize human-like conversations with high emotional intelligence, being supportive and kind while remaining balanced and even-handed in sensitive topics. It is designed for personal day-to-day tasks and not for generating code or essays. The AI chatbot also underwent boundary training to ensure it doesn't violate its behavior policies or engage in romantic conversations. Pi frequently reminds the user that it is an AI, avoiding imitating humans.
Pi is a free service available on various platforms, including its website, app, and social media platforms like Instagram. The chatbot uses user data, including conversational content, to train its AI systems, according to its terms of service. Although it is not currently connected to the internet, Inflection AI may launch premium subscriptions in the future.
(6 min read) (Source: Financial Times via archive.ph)
TLDR: AI startup Cohere is close to securing $250 million in funding led by Canadian venture capital fund Inovia Capital, with backers including Nvidia and Salesforce. The latest funding represents a surge of investment into the generative AI sector that has boomed since the release of ChatGPT last year.
Cohere is building a large language model similar to OpenAI enabling partner companies to use its models without having access to their data. The company has partnered with Spotify to improve podcast recommendations and search, and AI copywriting firm Jasper.
Cohere's CEO, Aidan Gomez, said the company would not compete directly with OpenAI's ChatGPT as it does not offer a consumer offering, and is much more focused on enterprise use cases. Venture investors are hopeful that the generative AI boom will help them weather a broader tech downturn.
(3 min read) (Source: Reuters)
TLDR: CEOs from Alphabet Inc.'s Google, Microsoft, OpenAI and Anthropic will meet with Vice President Kamala Harris and other administration officials to discuss AI issues, including concerns about privacy violations, bias, and misinformation.
The meeting comes amid growing concerns about the impact of AI on national security and education. The Biden administration has been seeking public comments on proposed accountability measures for AI systems, emphasizing the responsibility of tech companies to ensure their products are safe before making them available to the public.
(4 min read) (Source: The Information)
TLDR: The rising popularity of viral chatbot ChatGPT has reportedly pressured U.S. education services provider Chegg Inc's subscriber growth, causing a nearly $1 billion drop in the company's market valuation. The company's CEO, Dan Rosensweig, noted a significant spike in student interest in ChatGPT, which could impact their new customer growth rate.
Analysts fear that Chegg's core business could become extinct as consumers experiment with free AI tools. Last month, the company announced the launch of AI-powered study aide CheggMate, but it's unclear if it will be enough to counter the slowdown in the company's core business. Chegg has suspended its full-year outlook due to uncertainty about the impact on results, and the targeted second-quarter total revenue fell short of Wall Street expectations.
(1 min read) (Source: Bloomberg)
TLDR: Samsung Electronics has banned employee use of generative AI tools like ChatGPT after discovering staff uploaded sensitive code to the platform.
The company is concerned that data transmitted to such AI platforms is stored on external servers, making it difficult to retrieve and delete, and could end up being disclosed to other users. This marks a setback to the spread of generative AI technology in the workplace.
💰 Funding Alerts
Simpplr, an AI-powered employee experience platform, has raised $70 million in Series D funding led by Sapphire Ventures, with participation from Norwest Venture Partners, Tola Capital, and Salesforce Ventures.
They help companies create a simplified, personalized, and unified experience for their employees. It offers a range of solutions, including employee communications, collaboration, and engagement tools that are all contained in one groundbreaking platform.
The funds will be used to accelerate investments in the platform and develop innovative products.
Ten63 Therapeutics, a company that combines generative AI and physics-based models to develop first- and best-in-class therapeutics, has raised $15.9 million in Series A funding, which was oversubscribed and led by Hatteras Venture Partners (Clay Thorp, Co-Founder and General Partner), along with participation from other investors such as Morpheus Ventures (Damien Petty, Partner), SOSV, and Alexandria Venture Investments.
Ten63 plans to use the proceeds to expand and advance its internal pipeline of first-in-class small molecules that inhibit high-impact, but thus far undruggable, cancer targets.
Autonomize AI has raised $4 million in seed funding led by Asset Management Ventures (Skip Fleshman, General Partner), with participation from ATX Venture Partners, Loop Ventures, and The Next Practices Group.
The company specializes in healthcare and life-sciences solutions that automate insights from multi-structured clinical and biomedical data.
The company plans to use the funds to support the development and scaling of its AI platform, which offers generative AI capabilities to summarize and visualize information in a clear and concise manner and empowers healthcare workers with augmented expertise.
Sentera is an industry-leading provider of ag analytics that empowers agronomic leaders to maximize performance outcomes using aerial data collection and machine learning engines.
Sentera plans to use the funds to accelerate key growth initiatives and position itself for profitability, with its capital requirements fully funded.
🦾 Trending Tools
Quadratic is the ultimate data analysis tool with built-in Python, SQL, and Formulas. Work with data from multiple sources, including SaaS, databases, and APIs, with powerful AI integration and collaboration features. Work collaboratively and programmatically with powerful data integration and AI autocomplete features.
Byrdhouse is a multilingual video conferencing platform that offers AI-powered real-time translation in 70+ languages. Say goodbye to the pain of multilingual communication and collaborate seamlessly with individuals and teams around the world.
Augie AI Assisted Video Editing is the perfect tool for creating professional, custom videos. With Augie, you can upload text, narration, or clips, and our AI will instantly create a video that matches your words. Designed for both novice and experienced video creators, our platform is user-friendly and feature-rich, allowing you to create engaging video content quickly and easily.
TeamGPT is the ultimate AI workspace tool with engaging prompts, smart agents, and extensive AI job roles. Enhance workflow, streamline processes, and facilitate collaboration with AI-driven workspaces. Experience unprecedented collaboration and cost savings with our AI-powered virtual office.
JamGPT is an AI debugging assistant that suggests fixes and creates PR descriptions for bug tickets. JamGPT works in any language/framework and offers context-specific tips, programming jokes, and detailed explanations. Powered by OpenAI, it enables you to identify, fix and share bugs with your team all in one link.
👀 More Reading:
How Do We Ensure an A.I. Future That Allows for Human Thriving? (The New York Times Magazine)
AI Is Tearing Wikipedia Apart (VICE Motherboard)
We need to bring consent to AI (MIT Tech Review)
🌎 Fresh Content
1. @mckaywrigley created yet another incredible AI tool, this time giving GPT-4 eyes using his iPhone enabling it to craft a keto-friendly recipe using the ingredients that it identified in his fridge! (Twitter)
2. Vox interviewed the AI artist responsible for the AI-generated social media character known as Stelfie. The artist explained the 17-hour workflow that goes into creating images of the time-traveling character. (YouTube)
📅 Upcoming Events
EmTech Digital (May 2-3, 2023 / In person on the MIT campus or Virtual), MIT Technology Review’s signature AI conference, provides CIOs, CPOs, and IT decision makers with the technical insight and business expertise to implement AI systems that enhance products, improve customer experiences, and ensure market success. This year’s conference focuses on the game-changing power of generative AI and how it will impact creators and clients alike. We’ll explore the models behind the technology and the legal implications of generated content. We meet leading researchers and explore hands-on case studies of amazing applications of all forms of AI.
ODSC East 2023’s AI Expo (May 9-11, 2023 / In person at Boston Hynes Convention Center or Virtual) will be hosting talks from some of the best and brightest minds in data science and AI. Attend partner sessions that offer compelling insights on how to make data science and AI work for your industry, with topics including Machine Learning & Deep Learning Platforms, MLOps & Data Infrastructure, Data Annotation & Data Labeling, Data Analytics & Decision Intelligence Systems, Machine Learning on the Cloud & Big Data. Network with over 4,500 data science and AI experts and join the most influential Data Science community worldwide.
The Data Innovation Summit (May 11-12, 2023 / In person in Kistamässan, Stockholm or Virtual through Agorify) is the largest and most influential annual Data and AI event in the Nordics and beyond, bringing together the most innovative minds, enterprise practitioners, technology providers, start-up innovators and academics, working with Data Science, Big Data, ML, AI, Data Management, Data Engineering, IoT and Analytics, in one place to discuss ways to accelerate AI-driven transformation throughout companies, industries and public organizations. It is the place to be for all professionals and organizations working with the utilization of data and AI innovation for enhancing customer experience, improving operational processes, enabling future sustainability, reinventing business models, or developing data-driven products and services.
These ChatGPT prompts are designed to help improve your business by utilizing the AI's expertise in financial planning, talent acquisition, and product development. Whether you need assistance in developing a detailed financial roadmap, creating a tailored recruitment plan, or mapping out a product development strategy, ChatGPT can guide you through the process with personalized plans and strategies that align with your business objectives.
Financial Planning Assistance
Collaborate with ChatGPT to develop a financial plan for your business. The AI will ask you questions about your revenue streams, expenses, and investment goals to help you create a detailed financial roadmap.
Prompt: "I need your assistance in developing a financial plan for my business. Can you guide me through the process by asking me questions about my revenue streams, expenses, and investment goals? Let's collaborate to create a detailed financial roadmap that aligns with my business objectives."
Talent Acquisition Strategy
Utilize ChatGPT to develop a talent acquisition strategy that attracts and retains top talent. The AI will ask you questions about your company culture, hiring needs, and candidate profile to create a tailored recruitment plan.
Prompt: "I want to develop a talent acquisition strategy that attracts and retains top talent. Can you help me by asking me questions about my company culture, hiring needs, and candidate profile? I'll provide you with the information you need to create a tailored recruitment plan that aligns with my business objectives."
Product Development Consultation
Use ChatGPT's expertise to develop a product development strategy that aligns with your business goals. The AI will ask you questions about your market research, customer needs, and competitive landscape to create a roadmap for product innovation.
Prompt: "I need your assistance in developing a product development strategy that aligns with my business goals. Can you guide me through the process by asking me questions about my market research, customer needs, and competitive landscape? Let's collaborate to create a roadmap for product innovation that will help my business thrive."
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