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OpenAI Is Offering Major Cash to Users With Their Bug Bounty Program
⚡ Today’s Highlights
📰 News: OpenAI is paying between $200 and $20,000 for users that can report vulnerabilities in its systems
💰 Funding: AlphaSense, Infogrid, Carbon Robotics, Fivecast, and Martini.ai
🦾 Tools: Using satellites and AI to help companies become more sustainable
📅 Events: The Stable Diffusion AI Hackathon starts this Friday (April 14)!
📰 Today's Top Stories
(3 min read) (Source: OpenAI)
TLDR: OpenAI launched the Bug Bounty program, offering bounties starting from $200 up to $20,000 for reporting vulnerabilities in its AI systems.
The move comes after ChatGPT was banned in Italy for suspected privacy rule violations, prompting regulators in other European countries to scrutinize generative AI services more closely.
OpenAI has partnered with Bugcrowd, a prominent bug bounty platform, to oversee the submission and reward procedure, aimed at providing a seamless experience for all individuals. The Bug Bounty Program page has comprehensive participation guidelines and regulations.
(10 min read) (Source: The Washington Post)
TLDR: US federal agencies are working to implement regulations to ensure safety and minimize the harms of AI. The Commerce Department recently asked the public to comment on creating regulations to ensure AI systems function as intended.
The Federal Trade Commission is looking into how recent advances in AI could exacerbate fraud by scammers and empty promises from companies, while the National Institute of Standards and Technology is building out frameworks for responsible AI use.
The Big Picture: The use of AI is expanding at breakneck speed and becoming more embedded in society, making regulation difficult. Despite venture capitalists expressing concern about greater government regulation, policymakers are keen to promote safety.
(2 min read) (Source: Reuters)
TLDR: A day after Alibaba invited businesses to try its chatbot, China's cyberspace regulator, the CAC, released drafted measures for managing generative AI services, requiring firms to submit security assessments before launching to the public.
Providers will be responsible for the legitimacy of data used to train generative AI products and measures should be taken to prevent discrimination when designing algorithms and training data, and providers will be fined, have their services suspended, or even face criminal investigations if they fail to comply with the rules.
(8 min read) (Source: VentureBeat)
TLDR: Cohere AI has partnered with conversational AI provider LivePerson to improve its LLM with extended training to support enterprise deployments.
Cohere's CEO, Aidan Gomez, said the LLMs would help LivePerson respond to inquiries and execute tasks. The partnership aims to reduce bias, limit the risk of AI hallucinations and improve AI explainability.
💰 Funding Alerts
AlphaSense, a market intelligence and search platform, announced a $100 million addition to its $225 million Series D financing round, bringing its valuation to $1.8 billion, with investments from CapitalG (James Luo, Partner), Goldman Sachs Asset Management, and Viking Global Investors.
AlphaSense's proprietary AI and language models help professionals extract relevant insights from an extensive universe of public and private content, including equity research, earnings calls, and company filings, enabling leading corporations and financial institutions to uncover valuable insights they can't find anywhere else.
The investment will be used to deploy AlphaSense's advanced AI capabilities, including generative AI, to speed up research for business and financial professionals.
Infogrid, a leader in smart building technology with a focus on sustainability, has raised $90 million in Series B funding, along with an additional $30 million in debt facilities, from investors including SoftBank Vision Fund 2, Original Capital, Northzone, TVC, and JLL Spark.
Infogrid's AI-powered platform automates and optimizes building management, reduces carbon emissions, and generates financial ROIs for landlords and facility managers.
The funding will be used to expand Infogrid's dataset and functionality, as well as its sales and customer success organization to better serve its global customer base.
Carbon Robotics, a leader in AI-powered robotics, has raised $30 million in Series C financing from new lead investor Sozo Ventures along with existing investors Anthos Capital, Fuse Venture Capital, Ignition Partners, Liquid2, and Voyager Capital.
The company's flagship product, LaserWeeder, is the first and only commercial laserweeding robot that utilizes sophisticated AI deep learning technology, computer vision, robotics, and lasers to deliver high-precision weed control.
The funding will be used to expand sales regions in North America, optimize and scale manufacturing, develop new software and hardware products, and launch into international markets.
Fivecast provides AI/ML-driven open-source intelligence for defense, intelligence, police, border security, and corporations. It has raised a total of $30 million AUD in a Series A funding round led by Ten Eleven, a US-based cyber-security venture capital firm. Existing Australian investors, including Main Sequence and South Australian Venture Capital Fund, also participated in the funding.
Fivecast plans to expand in the UK and the US and use the funding to enhance its targeted collection and risk analysis of publicly available information for specific use cases, such as identifying extremists, terrorists, drug trafficking and organized crime.
Martini.ai is an AI-powered company that reimagines how $10 trillion in corporate credit is evaluated and monitored for private companies. It has raised $6 million in seed funding from Neotribe and Rocketship.vc.
The platform utilizes Generative AI through Large Language Models to provide real-time credit scores and spreads on over 700,000 private companies to help credit portfolio managers protect their portfolios against potential financial losses.
The company plans to use the funds to support the commercial launch and continued development of its breakthrough NeuRatings solution credit rating system for private companies.
🦾 Trending Tools
Muir uses AI, ML, and satellite technology to help companies reduce their carbon footprint and adhere to sustainability commitments. Its data fusion solution offers rapid emissions data at all stages of the supply chain, combining satellite, industry reports, and proprietary databases. Muir's platform simplifies emission tracking, cross-team communication, and reduction planning. It is more accurate than competitors and can help businesses eliminate high-polluting suppliers and quantify the impact of new product designs.
Mailmaker AI is an all-in-one email marketing platform. With built-in components, flexible pricing, analytics, and an easy-to-use dashboard, businesses can create professional-looking newsletters and campaigns in minutes. The AI-powered features include an assistant, painter, grammar checker, and spam checker, making email marketing a breeze.
CodeWP is an AI-powered code generator for WordPress, WooCommerce, and popular plugins. It saves time, boosts efficiency, and eliminates tedious StackOverflow searches. With a user-friendly platform, CodeWP generates, edits, and manages code snippets, while offering specific modes and better AI. Free and paid plans available.
Gptify.io allows you to create and embed AI chatbots easily, with no coding needed. Train them on your data using various source formats, videos, and websites. Perfect for customer support, sales, education, and more. Customize their appearance and integrate them into your website with just one line of script.
Recapit News delivers daily personalized audio news reports to your WhatsApp or Telegram. The AI-driven platform lets you create custom categories and receive summaries on your chosen topics. Ask the chatbot for more information on any story. Simplify your news intake with Recapit.
👀 More Reading
How AI is helping historians better understand our past (MIT Technology Review)
🌎 Fresh Content
1. Vox did a deep dive into why Large Language Models (LLMs) favor well-represented languages online, leaving others behind. Researchers aim to address this bias by creating new datasets, studying model outputs, and training open-source alternatives. (YouTube)
2. Greylock partners Reid Hoffman and Seth Rosenberg discuss how AI is revolutionizing the financial services industry with Ramp CEO and co-founder Eric Glyman. They explore how machine learning is helping fintech companies like Ramp automate and improve expense management, payments, reporting, and more. All the incredible innovations in business software and the introduction of AI tools have certainly made it a great time to be an entrepreneur! (Greylock)
3. Nick Bostrom, a professor at the University of Oxford and director of the Future of Humanity Institute, discusses the recent developments in machine superintelligence and what it could mean for the future. As AI continues to improve, it presents several existential risks like the alignment problem. But if it is handled correctly, it could result in an intelligence boom and solve many of humanity's oldest problems. (YouTube)
📅 Upcoming Events
Don’t miss the Stable Diffusion AI Hackathon (April 14 - 21, 2023), a 7-day hackathon in which participants must develop an MVP of a product that leverages the power of Generative AI to solve real-world problems. To participate in the hackathon, you must create the solution using Stability.AI API and Vercel software. 1st place wins $5000 USD, 5000 API tokens, and a virtual coffee chat with @hardmaru!
The Future of Chatbots and Conversational AI Summit (April 18, 2023, 9:00 AM BST / Doubletree By Hilton London - Kingston Upon Thames, London, UK) is a networking event featuring groundbreaking keynotes, innovative case studies, and panel discussions. The unique industry forum is made up of senior representatives from leading organizations, innovative startups, governments, and universities worldwide who are key decision-makers. It aims to discuss issues and explore best practices, including artificial intelligence platforms, natural language processing, and speech-optimized responses.
Check out the AI in Finance Summit New York (April 20-21, 2023, etc.venues - New York, NY) and discover unique insights and technical use cases from AI specialists and data scientists across Banking, Financial Services, and Insurance sectors.
Boost your productivity and efficiency with today’s AI prompts! Our goal is to make difficult tasks easier and more efficient for you. Don't worry if you're not an 'AI Whisperer,' give them a try and let us know what you think. We're excited to hear your feedback! Remember, these prompts are just a starting point. Tailor them to fit your needs and carefully review the outputs to ensure their accuracy and effectiveness. Let's get started!
Engage Your Ideal Customer with ChatGPT
Descriptor: ChatGPT will help you craft a Facebook ad copy that authentically shares the benefits of your product/service, using a specific type of content from an influencer. The AI will generate engaging copies that encourage your ideal customer persona to take action.
Prompt: "As a digital marketer, you're tasked with creating a Facebook ad that effectively captures the attention of your [ideal customer persona] by showcasing [specific type of content] with the help of an [influencer type]. The ad should showcase the benefits of your [product/service] and encourage potential customers to make a purchase.”
Emotional Appeal Campaign with ChatGPT
Descriptor: ChatGPT will guide you through creating a marketing campaign that uses emotional appeal to persuade your ideal customer persona to take action. The AI will help you choose the right emotion and generate a campaign outline that resonates with your audience.
Prompt: "Your objective is to create a marketing campaign using the 'Emotional Appeal' framework. Your campaign should focus on [emotional appeal] to persuade your [ideal customer persona] to take action and make a purchase of your [product/service]. You can choose from emotions such as [fear], [happiness], or [guilt] to create a compelling campaign outline.”
Job-to-be-Done Campaign with ChatGPT
Descriptor: ChatGPT will assist you in developing a marketing campaign that identifies the specific "job" that customers are trying to do with your product/service. The AI will help design effective products and services to help customers get it done more effectively, and measure its effectiveness with specific tactics and metrics.
Prompt: "Using the 'Job-to-be-Done' framework, your task is to create a marketing campaign that identifies the specific 'job' that customers are trying to accomplish with your [product/service]. You will describe how your company can design products and services that help them achieve their goals more effectively. To make the campaign more effective, you will also include specific tactics and metrics that you would use to measure its effectiveness.”
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