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OpenAI introduces ChatGPT for enterprise
⚡ Today’s Highlights
📰 News: OpenAI introduces ChatGPT for enterprise + Senate Majority Leader Charles Schumer wants to host an AI forum with Elon Musk, Mark Zuckerberg, and Sam Altman
💰 Funding: Superluminal Medicines, ConverSight, Qualiti.ai
🌎 Content: Mustafa Suleyman sits down with Sam Harris to discuss his new book and the complicated state of AI today + how AI is being used to study birds as they travel across the country each night
📰 Today's Top Stories
(7 min read) (Source: OpenAI)
TLDR: OpenAI launched ChatGPT Enterprise, a business-oriented version of its popular chatbot ChatGPT. This edition aims for enterprise-grade data security and analytics while retaining the original chatbot's capabilities, such as writing emails and debugging code.
OpenAI aims for feature parity with Microsoft's Bing Chat Enterprise and goes a step further by offering a new admin console for in-depth customization and usage statistics within organizations.
Financially, OpenAI reportedly spent around $540 million on ChatGPT's development last year, and despite earning only $30 million in 2022, aims to significantly increase revenues through the enterprise edition.
Despite its rapid growth, ChatGPT's global traffic dipped 9.7% from May to June, hinting at potential challenges from increased competition and raising questions about its long-term viability.
OpenAI has future plans for ChatGPT Enterprise that include versions tailored for smaller teams, deeper data analysis tools, and features catering to data analysts, marketers, and customer support roles.
(3 min read) (Source: Axios)
TLDR: Senate Majority Leader Chuck Schumer plans to host an "AI Insight Forum" in September, featuring tech industry leaders like Elon Musk, Mark Zuckerberg, and Sam Altman. The aim is to inform bipartisan legislation concerning the fast-growing field of AI.
The forum seeks to capture multiple perspectives on AI's risks and benefits, including inputs from Google's Sundar Pichai, Nvidia's Jensen Huang, Microsoft's Satya Nadella, and former Google CEO Eric Schmidt, to shape future AI regulations.
Amid rising scrutiny following the launch of AI technologies like ChatGPT, policymakers have been engaged in private meetings and briefings with AI experts, raising concerns about Silicon Valley's influence on upcoming AI legislation.
The Big Picture: This upcoming forum signifies the growing urgency within U.S. governance to regulate AI, given its rapid advancements and transformative impact on society. It underscores the tension between legislative oversight and tech industry interests, setting the stage for pivotal decisions that will shape the AI landscape.
(2 min read) (Source: The Verge)
TLDR: Yahoo has integrated new AI features into its email service, including a unique "Shopping Saver" that scours inboxes for unused discount codes and gift cards.
The AI capabilities were developed using Google Cloud's platform and aim to create an "assistive inbox," according to Josh Jacobson, SVP at Yahoo Mail.
The update also includes an AI-powered search and writing assistant for more efficient email management.
(2 min read) (Source: Bloomberg)
TLDR: Uber Technologies is in the process of developing an AI chatbot for its Eats app, aimed at assisting food-delivery customers by providing recommendations and facilitating quicker order placements. The information was discovered in the app's code by developer Steve Moser.
👀 More Reading:
Talking the AI Talk (The Atlantic)
💰 Funding Alerts
Superluminal's approach to drug discovery, which combines advanced biology, chemistry, and AI, could significantly speed up the process of creating new medicines, potentially transforming the pharmaceutical industry's efficiency and innovation.
Round led by RA Capital Management (Andrew Levin, Managing Director), with participation from Insight Partners (Dylan Morris, Managing Director), NVIDIA, and Gaingels.
Funding will be used to support and expand Superluminal's pipeline of small molecule drug discovery programs.
It humanizes data interaction for informed decision-making, uncovering actionable insights through AI and analytics.
Round led by Surface Ventures (Gyan Kapur, Managing Partner), with participation from Techstars (Marie Moussavou, Chief Portfolio Services Officer), Augment Ventures, Elevate Ventures, and existing investors.
Funding will be used to support ConverSight's go-to-market teams, continuous product innovation, and feature expansion.
Qualiti.ai's solution covers applications with high-quality automated tests and provides real-time triage and bug reporting. Their approach to AI-driven test automation aims to drastically reduce manual testing efforts and ensuring rapid feedback for developers, potentially enhancing software quality and accelerating development cycles.
Round led by Sierra Ventures (Mark Fernandes, Managing Director), with participation from Epic Ventures.
Funding will be used to expand sales efforts and further strengthen the company's engineering team.
🌎 Fresh Content
1. Mustafa Suleyman, co-founder and former head of applied AI at DeepMind, was on Making Sense with Sam Harris to discuss his new book “The Coming Wave: Technology, Power, and the Twenty-first Century's Greatest Dilemma.”
They discuss progress at Google DeepMind, the invention of new knowledge and the risks of developing AI, superintelligence and why it might be a distraction from more important things, labour disruptions, “the containment problem”, open-source LLMs, misinformation, and much more.
This discussion provides a very detailed and straightforward discussion on the current state of AI with a leading expert in the industry and definitely isn’t something you wanna miss. (Spotify - 55 mins)
2. Scientific American’s “Science, Quickly” podcast covered the Nighttime Bird Surveillance Network, a global network of microphones and radars that track the “vast, mysterious pulse-of-the-planet phenomenon” that is nocturnal bird migration.
AI is helping scientists break down the terabytes of audio and radar data that are regularly recorded to track and analyze birds as they travel huge distances across the country each night. Just another way that AI is being used to revolutionize science! (Spotify - 12 mins)