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Meta Flagged 1000+ Domains Hosting ChatGPT-Themed Malware
And China's AI industry barely slowed by US chip export rules
⚡ Today’s Highlights
📰 News: Meta flagged more than 1000 domains that were hosting ChatGPT-themed malware
💰 Funding: Advanced Intelligence Group, Pando, OpenEnvoy, Range, and Aiden Technologies
🦾 Tools: Advanced video recognition and AI-driven data analytics for e-commerce businesses
📅 Events: ODSC East 2023’s AI Expo and the Data Innovation Summit are both next week!
📰 Today's Top Stories
(10 min read) (Source: Meta)
TLDR: Facebook's security teams have detected and disrupted nearly 10 new malware strains and more than 1,000 domains, including those posing as ChatGPT browser extensions, according to the company's quarterly threat report.
These malware families target people through phishing emails, malicious browser extensions, ads and mobile apps and various social media platforms.
Malicious groups often target the personal accounts of people who manage or are connected to business pages and advertising accounts, aiming to run unauthorized ads from compromised business accounts across the internet.
Threat actors may design their malware to target a particular online platform, including building in more sophisticated forms of account compromise than what you’d typically expect from run-of-the-mill malware.
(8 min read) (Source: Reuters)
TLDR: US microchip export controls have only minimal effects on China's tech sector, with Nvidia producing variants of its chips for the Chinese market that are slowed down to meet US rules.
The rules have restricted shipments of chips that have become the global technology industry's standard for developing chatbots and other AI systems. Even the slowed Nvidia chips represent an improvement for Chinese firms.
While the U.S. strategy is to slow China's progress in high-tech without hurting U.S. companies, AI researchers are trying to slim down the massive systems they have built to reduce the cost of training products and the number of chips needed.
(3 min read) (Source: Reuters)
TLDR: MosaicML launched two new products that will compete with OpenAI on price: an inference service for software developers and open-source foundation models.
The San Francisco-based startup, founded by former Intel executives, raised $64 million to date and plans to offer its services at a cost that is up to 15 times lower than rival services, allowing it to make a profit while giving customers control over their data.
(4 min read) (Source: The Information)
TLDR: Microsoft's Azure cloud server unit plans to sell a dedicated cloud version of ChatGPT later this quarter to win over customers worried about data security.
The version will run on dedicated cloud servers to give customers peace of mind that their proprietary information won't leak to the main ChatGPT system, but it could cost as much as 10 times what customers pay to use the regular version.
(5 min read) (Source: Business Insider)
TLDR: Uber has filed for a patent on technology that uses AI to predict users' ride or meal delivery needs based on their sensor, app usage, and profile data.
The technology, called "pre-request matching," could match a driver with a job and tell them where they need to be before the user even requests a ride.
Uber uses AI in other ways to personalize and improve the user experience, such as predicting arrival and delivery times. Other companies like Netflix, Meta, and Visa also use AI to customize user experiences.
💰 Funding Alerts
Advance Intelligence Group, a Singapore-based fintech company, has raised $80 million in a funding round led by Warburg Pincus and Northstar Group, with participation from Vision Plus Capital, Gaorong Capital, and EDBI Pte.
The company offers digital identity, compliance, and risk management services to financial firms and retailers using artificial intelligence.
They intend to use the funds to accelerate its AI technology program to streamline consumer transactions and provide more access to credit and financial services.
Pando, a supply chain software company that uses an AI-powered no-code platform to streamline the order-to-fulfillment process, raised $30 million in a Series B round led by Iron Pillar (Mohanjit Jolly, Partner) and Uncorrelated Ventures, along with participation from existing investors, prominent American CEOs, and angel investors.
The company's Fulfillment Cloud has improved service levels and reduced carbon footprint and costs for several Fortune 500 enterprises.
Pando plans to use the funds to drive growth across geographies and industries.
OpenEnvoy is an AI company that provides accounts payable automation solutions, preventing overpayments while automating finance processes. They secured $15 million in Series A funding from RRE Ventures (Jason Black, General Partner), Hack VC, Coelius Capital (Zach Coelius, Managing Partner), Riot Ventures (Will Coffield, General Partner), and Uncorrelated Ventures (Salil Deshpande, General Partner).
OpenEnvoy's AI-powered platform digitizes invoices and performs reconciliation with 99% accuracy, freeing up resources and increasing efficiency for faster time-to-value. The company's solutions also feature no-code integration, making it easy for clients to integrate their services.
They plan to use the funds to extend their industry leadership and growth.
Range, an AI WealthTech platform for aging millennials, raised $12 million in a Series A funding round led by Gradient Ventures, Google’s AI-focused venture fund.
Range's suite of financial planning tools aims to streamline investing, saving, and estate planning. The company hopes to make human advisors obsolete by training an AI model to give complex financial advice.
The funding will grow its product and engineering teams, integrating wealth management tools with various AI technologies.
Aiden provides AI-enabled software packaging and deployment for Microsoft Windows, streamlining IT operations through hyperautomation, keeping computers up to date, reducing security risks, and improving the digital end-user experience.
With this funding, the company aims to enhance its product offerings and expand its team.
🦾 Trending Tools
Valossa's advanced video recognition and content intelligence capabilities provide unparalleled value to businesses working with video. Their AI understands video like a human does, enabling a new generation of analytics and safe content monetization.
Triple Whale is the AI data platform for e-commerce businesses, integrating multiple apps and networks into one easy-to-use dashboard. Triple Whale's AI-powered Lighthouse tool detects anomalies, surfaces insights, and delivers recommendations for immediate action, making it the smarter way to build your brand.
tl;dv is the meeting recorder that transcribes and summarizes calls with customers, prospects, and teams. With AI-powered transcription and summation in over 20 languages, tl;dv integrates with popular collaboration platforms and CRMs for easy sharing and automated workflows.
Sprig combines Sprig Replays and GPT-powered AI User Insights to help product teams get real-time product learning, avoid manual survey analysis, and understand users' product experience while consolidating several tools in their product stack. Sprig helps you drive conversions in your product, understand what users truly want, and learn which potential products are worth building.
Parsio 2.0 automates data extraction with AI-powered document parsing, extracting structured data from PDFs, emails, and other documents. It saves time and increases accuracy by exporting the parsed data to Sheets, webhooks, and 6000+ apps.
👀 More Reading:
Lina Khan: We Must Regulate A.I. Here’s How. (The New York Times)
Future of Jobs 2023: These are the fastest growing and fastest declining jobs (World Economic Forum)
Noam Chomsky Speaks on What ChatGPT Is Really Good For (Common Dreams)
Where is India in the generative AI race? (TechCrunch)
Human Error Drives Most Cyber Incidents. Could AI Help? (Harvard Business Review)
🌎 Fresh Content
1. Sam Altman, OpenAI CEO, and Greg Brockman, OpenAI co-founder and president, join Reid Hoffman and Aria Finger on the Possible podcast to discuss their journey so far, how we might develop and deploy beneficial, safe artificial general intelligence for humanity, and the transformative impact AI can have on various industries. (Spotify)
2. All About AI created a very thorough guide on using System Roles in ChatGPT/GPT-4 to hone your AI experience and get GPT to produce very consistent, customizable results. (YouTube)
3. helloyassine broke down why AI might be the next thing to permanently change the music industry. Autotune, ghostwriters, and the era of electronic music production changed modern music and led to the creation of new genres of music but were met with tons of criticism when they first gained popularity. Now, it seems like AI music is following a similar trajectory in which talented artists will find ways to revolutionize their music with it. (YouTube)
AI algorithm tells us what particle accelerator beams look like (Cosmos Magazine)
📅 Upcoming Events
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.
TDWI Nashville (May 14—19, 2023 / In person in Nashville, TN) is a six-day conference designed for data professionals and leaders who want to build effective data strategies, scalable architectures, and drive data-driven decision-making. With 40+ courses, 14 tracks, and 3 bootcamps to choose from, you can customize your learning experience. Plus, you'll have the opportunity to network with peers, gain new skills, and drive positive change in your business and career. Hurry, registration closes on May 12.
Attend Conversational AI Summit (May 16-17, 2023 / In person at the America Square Conference Centre in London, England) to discover advances in NLP, and how application can help create digital assistants, chatbots and conversational interfaces to improve customer experience & increase engagement.
The AI & Big Data Expo (May 17-18, 2023 / In person at the Santa Clara Convention Center in Santa Clara, CA) is a must-attend event for ambitious enterprise tech professionals. Explore how AI and Big Data impact industries like manufacturing, transport, finance, healthcare, and more. Hear from 250+ expert speakers sharing their industry knowledge and experiences through solo presentations, panel discussions, and fireside chats. Register now!
These ChatGPT prompts are designed to help you improve your business operations and increase your revenue by tapping into the latest trends and strategies. Whether you're looking to enhance customer experience with virtual and augmented reality technologies, brainstorm innovative product marketing strategies, or optimize your website for better search engine visibility, these prompts will provide you with the insights and recommendations you need to take your business to the next level. Try them out and share your results with us!
Enhancing Customer Experience with Emerging Technologies
ChatGPT will provide insights on how to incorporate virtual and augmented reality technologies to improve customer engagement and satisfaction.
Prompt: "Act as a technology consultant and provide me with insights on how I can incorporate emerging technologies like virtual and augmented reality to enhance my customer experience. Please ask me any necessary questions and consider my business and target audience while answering. Let me know when you're ready to start."
Innovative Product Marketing
Utilize ChatGPT's expertise to brainstorm new and innovative marketing strategies for launching a new product in a crowded market.
Prompt: "Act as a marketing expert and help me brainstorm new and innovative strategies to launch my new product in a saturated market. Please ask me any necessary questions about my product and target audience to develop effective marketing strategies. Let me know when you're ready to start."
Website Optimization for Search Engines
ChatGPT will offer suggestions on how to optimize your website for better search engine visibility, leading to increased traffic and conversions.
Prompt: "Act as an SEO consultant and provide me with suggestions on how to optimize my website for better search engine visibility. Please ask me questions about my website and target audience to develop the most effective strategies. Let me know when you're ready to start."