Today in AI

• News roundup

• Today’s big story

• AI research changing the world

• Tool spotlight

• This week on the podcast

News roundup

The top stories in AI today.

MODELS

Deployment, research, training, infrastructure

• MIT research investigates how AI models really perceive faces

• Why some experts believe AGI is far from inevitable

• AI learns to diagnose like doctors in groundbreaking study

• AI still can’t explain its own output — we need more humans who can

• UPDF is a ChatGPT-infused PDF editor that will even create mind maps

• AMD releases AMD-135M, its first open-source small language model

NEW LAUNCHES

The latest features, products, rounds & partnerships in AI

• Meta’s new AI voice feature will be available ‘in the coming days’

• Microsoft just gave Copilot a redesign — here’s who has access

• NetApp unveils ambitious AI-driven data management strategy

• Politico Pro launches AI tool to enhance policy analysis

FUTURE OF WORK

Jobs are changing — are you?

• In the banking AI revolution, customer trust takes center stage

• AI transforms 5 key business areas in 2023

• New medical study shows AI with empathy enhances patient care

• AI agents are the new digital workforce — here’s what it means

• 5 major business trends for 2025 you must prepare for now

• AI agents and the future of white-collar work

MONEY FLOWS

Economics, Wall Street, investing & fundraising

• Wispr secures $12M to launch AI-powered flow dictation software

• Nvidia buys OctoAI to strengthen enterprise AI dominance

• OpenAI’s $150B fundraise has big implications for the entire AI industry

• Apple is no longer considering an investment into OpenAI

HARDWARE

Computers, phones, chips & AI powered devices

• Google Pixel AI vs Samsung Galaxy AI: How do they really compare?

• All the latest rumored AI features of iPhone 16

• Apple to launch AI-powered HomePod with robotic arm in 2025

What’s happening in AI right now

OpenAI's $150B fundraise

OpenAI's ambitious $6.5-$7 billion funding round at a $150 billion valuation is bringing the economics of advanced AI into sharp focus. This high-profile financial move comes at a pivotal time for the company behind ChatGPT, as it balances groundbreaking innovations with the realities of operating at the bleeding edge of technology.

The cost of cutting-edge AI

OpenAI's fundraising efforts are driven by the immense resources required to develop and maintain state-of-the-art AI systems. Reports suggest the company is losing money on each query to its AI models, contributing to a significant operating loss last year. While these figures might raise eyebrows, they also highlight the immense computational power and expertise needed to push the boundaries of AI capabilities.

Investments driving breakthroughs

Despite the financial challenges, OpenAI's approach is yielding impressive results. The newly announced o1 model demonstrates remarkable advancements in reasoning and problem-solving, scoring in the 89th percentile for competitive programming and exhibiting Ph.D.-level intelligence across scientific domains. These achievements underscore the potential returns on substantial AI investments.

A competitive landscape

OpenAI isn't alone in its pursuit of AI dominance. Tech giants like Meta and Google, along with AI-focused companies like Anthropic, are also making substantial investments in research and development. This concentrated influx of resources and talent into the field could accelerate breakthroughs and drive the creation of increasingly powerful AI systems.

Balancing Innovation and Sustainability

The scale of OpenAI's funding round has sparked discussions about the long-term sustainability of current AI business models. Unlike traditional tech sectors, AI companies face unique challenges in maintaining competitive advantages, as models require constant refinement and innovation. This dynamic creates both opportunities and hurdles for companies navigating the AI landscape.

A pivotal moment for AI

OpenAI's fundraising effort represents more than just a financial milestone; it's a litmus test for the AI industry's ambitious vision and its ability to balance innovation with sustainable business practices. The outcome will offer valuable insights into investor confidence, market dynamics, and the trajectory of AI development.

We publish daily research, playbooks, and deep industry data breakdowns. Learn More Here

AI research changing the world

The latest breakthroughs and most pivotal papers — broken down in language anyone can understand.

CIO perspectives on generative AI

The MIT Technology Review Insights report "The great acceleration: CIO perspectives on generative AI" reveals a significant shift towards enterprise-wide AI integration, with 94% of organizations planning to implement such strategies by 2025. The study, based on executive interviews and a global survey, highlights generative AI's potential to contribute up to $4.4 trillion to the global economy. It emphasizes AI's role in revolutionizing customer engagement, data management, and business innovation. The report suggests that successful companies are leveraging AI not just as an IT upgrade, but as a fundamental component of future business success, creating a competitive advantage. However, this widespread adoption may also lead to increased inequality between organizations, workforce dynamics shifts, and ethical concerns, necessitating stronger regulatory frameworks and public discourse on AI governance.

The AI tool we’re loving right now

The best way to get AI literate? Try the tools!

BigVu

There’s no way around it — being a content creator, influencer or business leader these days requires publishing high-quality video content. That’s why BigVu is such a powerful tool. BigVu uses the power of AI to allow you traverse the entire lifecycle of video creation and publishing with some very cool features:

• Eye contact correction

• Subtitle & caption generation

• Video-to-text transcription

• Script generation

• Teleprompter

• AI voice changing & cloning

• Background music generator

• Post Scheduler

• Landing page generator

• And much more

The best part? CO/AI subscribers get access to a special discount when they sign up using the link below. Use our promo code MEHFIN63 at checkout to receive $20 off when you subscribe.

Want to learn how to use BigVu? Check out our tutorial here.

This week on the podcast

Can’t get enough of our newsletter? Check out our podcast Future-Proof.

In this episode, the hosts Anthony Batt and Shane Robinson with guest Joe Veroneau from Conveyor discuss outsmarting paperwork. Conveyor is a company that helps automate security reviews and document sharing between companies. They use AI technology, specifically language models, to automate the process of filling out security questionnaires. This saves customers a significant amount of time and improves the quality of their responses.