[News] Weekly AI Highlights Review: October 22-29
Materials science and biotechnology startups raised funding; creatives stand against the threat of generative AI; Anthopic launched new models and a computer use API; Google open-sourced SynthID Text, and more.
https://dataphoenix.info/weekly-ai-highlights-review-october-22/

[News] Read AI raised $50M and launched the Read AI for Gmail Chrome extension
Read AI secured $50 million in Series B funding led by Smash Capital, with participation from Madrona and Goodwater Capital, in a round coming just 6 months after its $21 million Series A round, amid strong growth metrics of 100,000 new weekly accounts and 81% first-month retention.
https://dataphoenix.info/read-ai-raised-50m-and-launched-the-read-ai-for-gmail-chrome-extension/

[News] Whisper, Open AI's speech recognition engine, was found to hallucinate by researchers
Despite OpenAI's claim of "near-human accuracy" for its open-source Whisper speech recognition system, recent research has revealed significant hallucination issues across multiple studies, raising concerns about its widespread use in sensitive applications.
https://dataphoenix.info/whisper-open-ais-speech-recognition-engine-was-found-to-hallucinate-by-researchers/

[News] AI Overviews is now available in even more locations
Google's AI Overviews feature, which faced initial controversy over questionable suggestions, is expanding to over 100 countries with multiple languages, improved source attribution, and new features like simplified language and saved overviews, while maintaining US-exclusive mobile ads.
https://dataphoenix.info/ai-overviews-is-now-available-in-even-more-locations/

[News] OpenAI is ready to jump into the web search market with ChatGPT Search
OpenAI has launched ChatGPT search, a GPT-4o-based model that provides natural language answers using current web sources. ChatGPT search features specialized views for partnered content, source attribution, and contextual follow-up capabilities, and is available to Pro and Team users.
https://dataphoenix.info/openai-is-ready-to-jump-into-the-web-search-market-with-chatgpt-search/

[News] Google debuted 'Grounding with Google Search' on AI Studio and the Gemini API
Google has launched 'Grounded with Google Search', a paid feature that allows Gemini to access current search results for more accurate responses with citations and search suggestions. Grounding features a dynamic retrieval configuration to optimize when the feature is used.
https://dataphoenix.info/google-debuted-grounding-with-google-search-on-ai-studio-and-the-gemini-api/

[News] Salva Health's screening device has the potential to bridge the breast cancer mortality gap
Salva Health, the 2024 TechCrunch Disrupt Startup Battlefield winner, is working towards eliminating the barriers to early breast cancer detection with Julieta; a portable and affordable AI-powered device that detects abnormalities in breast tissue without requiring radiation or internet access.
https://dataphoenix.info/salva-healths-screening-device-has-the-potential-to-bridge-the-breast-cancer-mortality-gap/

[News] Sound Ventures confirms investment in World Labs as part of strategic AI investments
At TechCrunch Disrupt 2024, Ashton Kutcher and Sound Ventures leadership discussed their significant AI investments and vision, including a $265 million AI fund that has backed major players like OpenAI and Anthropic, while emphasizing their belief that AI will transform every company and industry.
https://dataphoenix.info/sound-ventures-confirms-investment-in-world-labs-as-part-of-strategic-ai-investments/

[News] Whether it's misinformation or disinformation, generative AI undoubtedly poses a challenge
At TechCrunch Disrupt 2024, a panel featuring executives from the Center for Countering Digital Hate, CITRIS Policy Lab, and Meta Oversight Board discussed AI's role in amplifying misinformation and disinformation, debating various regulatory approaches and technical solutions.
https://dataphoenix.info/whether-its-misinformation-or-disinformation-generative-ai-undoubtedly-poses-a-challenge/

[News] Tabnine's new Code Review Agent supports enforcing organization-specific rules
Tabnine has launched an AI-powered Code Review Agent that learns and enforces team-specific coding standards while providing real-time feedback and automated fixes to improve code quality and security, thus reducing the manual burden of code reviews.
https://dataphoenix.info/tabnines-new-code-review-agent-supports-enforcing-organization-specific-rules/

[News] Does it matter whether we can define what counts as an open-source model?
The TechCrunch Disrupt 2024 panel featuring Allen Institute's CEO Ali Farhadi and Hugging Face's Irene Solaiman discussed open-source AI's potential to reshape the industry, addressing misconceptions about safety, the distinction between accessibility and open source, and regulatory challenges.
https://dataphoenix.info/does-it-matter-whether-we-can-define-what-counts-as-an-open-source-model/

[News] Why companies should start small with their data pipeline
At TechCrunch Disrupt 2024, tech leaders Chet Kapoor (DataStax), Vanessa Larco (NEA), and George Fraser (Fivetran) advised companies to start small with generative AI implementations, focusing on specific goals and immediate problems rather than attempting large-scale deployments.
https://dataphoenix.info/why-companies-should-start-small-with-their-data-pipeline/

[News] Weekly AI Highlights Review: October 29-November 5
OpenAI has launched ChatGPT search, Google expanded the AI Overviews' availability and launched 'Grounding with Google Search', more Perplexity AI drama, Tabnine's new Code Review Agent, TechCrunch Disrupt 2024 coverage, and more.
https://dataphoenix.info/weekly-ai-highlights-review-october-29-november-5/

[News] OpenAI is reportedly collaborating on a chip with Broadcom and TSMC
OpenAI is reportedly partnering with Broadcom to design an inference chip expected to be manufactured by TSMC in 2026. Sam Altman and OpenAI spokespeople have stated that infrastructure constraints limit new product launches, shutting down the possibility of a new model release by 2024's end.
https://dataphoenix.info/openai-is-reportedly-collaborating-on-a-chip-with-broadcom-and-tsmc/

[News] The secret to Google's efficiency? Over 25% of its code is now AI-generated
During Google's 2024 Q3 earnings call, CEO Sundar Pichai revealed that AI now generates over 25% of Google's new code (which is then reviewed by engineers), highlighting the company's commitment to AI integration and development efficiency.
https://dataphoenix.info/the-secret-to-googles-efficiency-over-25-of-its-code-is-now-ai-generated/

[News] Meta announced the availability of its Llama models for U.S. government agencies and contractors
Following reports of China using Meta's Llama 2 model for military intelligence, Meta announced it would make its AI models available to US government agencies and contractors despite ongoing debates about the safety and usefulness of commercial models in military contexts.
https://dataphoenix.info/meta-announced-the-availability-of-its-llama-models-for-u-s-government-agencies-and-contractors/

[News] Research Grid secured $6.5M to automate clinical trials' administrative work
Research Grid, a startup founded by Dr. Amber Hill that uses AI to streamline clinical trial processes through its TrialEngine and Inclusive platforms, has secured $6.5 million in seed funding led by Fuel Ventures to expand its presence in the US and Asia and enhance its AI capabilities.
https://dataphoenix.info/research-grid-secured-6-5m-to-automate-clinical-trials-administrative-work/

[News] AI's explosive growth has finally consolidated Nvidia as the world's largest company
Nvidia has become the world's most valuable company with a market capitalization of $3.43 trillion, surpassing Apple. The company has largely addressed investor concerns that triggered a previous fall in its shares, as it continues to be the main beneficiary of the AI boom.
https://dataphoenix.info/ais-explosive-growth-has-finally-consolidated-nvidia-as-the-worlds-largest-company-2/

[News] Predikt raised €750K to support CFOs in their decision-making processes
Belgian-Swiss startup Predikt has secured €750,000 in funding to develop its AI-powered financial forecasting platform. Predikt combines internal financial data with millions of macroeconomic indicators to help large companies make more accurate financial predictions.
https://dataphoenix.info/predikt-raised-eu750k-to-support-cfos-in-their-decision-making-processes/

[News] Mistral has released batch and moderation APIs
Mistral AI has launched two new services: a moderation API that leverages a Ministral 8B fine-tune to classify text according to nine categories describing common harms, and a batch API that enables developers to process high volumes of data for 50% of the cost of equivalent synchronous API calls.
https://dataphoenix.info/mistral-has-released-batch-and-moderation-apis/

[News] Amazon may condition investing in Anthropic to the latter adopting its in-house chips
Amazon is reportedly negotiating a new multi-billion dollar investment in Anthropic, potentially tying the investment amount to Anthropic's commitment to using more of Amazon's custom Trainium chips instead of Nvidia-powered servers.
https://dataphoenix.info/amazon-may-condition-investing-in-anthropic-to-the-latter-adopting-its-in-house-chips/