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Daily AI News

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📣 Google Establishes New Industry Group Focused on Secure AI Development

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⚡️ Meta just released Llama 3.1 405B — the first-ever open-sourced frontier #AI model, out-performing top closed models like #GPT-4o across several benchmarks.

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📣 Accenture Pioneers Custom Llama LLM Models with NVIDIA AI Foundry

Accenture today announced the launch of the Accenture AI Refinery framework, built on NVIDIA AI Foundry, to enable clients to build custom LLM models with the Llama 3.1 collection of openly available models, also introduced today.

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🚨🚨 OpenAI will reportedly lose $5 Billion this year, according to an analysis by The Information

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📣 MICROSOFT $MSFT JUST INTRODUCED BING GENERATIVE AI SEARCH

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📣 OpenAI to launch AI search engine, 'SearchGPT.'

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📣 Apple’s $AAPL upcoming AI feature “Apple Intelligence” will arrive later than anticipated, coming in iOS 18.1 in October and missing the initial September releases - Bloomberg

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📣 Apple releases first preview of its long-awaited iPhone AI

The new software called Apple Intelligence was released in the developer beta of iOS 18.1. It is also available in similar releases for iPad and Mac. It is currently only available to registered Apple developers. Apple’s developer program costs $99 a year.

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📣 Apple $AAPL said today the AI models underpinning Apple Intelligence were pre-trained on processors designed by Google $GOOGL - CNBC

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📣 OpenAI President and co-founder Greg Brockman, co-founder John Schulman (Joined rival Anthropic) , and product leader Peter Deng have all left OpenAI - The Information

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🔥 Web3 ecosystem thrives as #AI DApps capture 28% market share.

AI-based DApps have not only overtaken gaming but also set the stage for future innovations in the decentralized application space.

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📣 JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI

• JPMorgan Chase has rolled out a generative AI assistant to tens of thousands of its employees, the initial phase of a broader plan to inject the technology throughout the bank.

• The program, called LLM Suite, is already helping more than 60,000 employees with tasks like writing emails and reports.

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🤖 ‘AI Scientist’ Aims to Automate Scientific Discovery

Japanese 🇯🇵 firm Sakana AI claims its system can perform every part of the research process.

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🚨🚨 Over half of Fortune 500 companies cited artificial intelligence #AI as a potential risk factor for their businesses, according to a survey of annual financial reports by research platform Arize AI - SeekingAlpha

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🖼 Adobe rival #Procreate bets against gen AI to support human creativity

In stark contrast to mainstream competitors, Procreate has said it would not use Gen #AI features in its products to protect artists.

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📣 AMD buys server maker ZT Systems as AI battle intensifies

AMD is acquiring server maker ZT Systems to strengthen its data center technology as it steps up its challenge to Nvidia in the competitive AI chip market.

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🤖 Midjourney’s improvement since launching last year is mind blowing.

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⚡️ JUST IN: #OpenAI has signed a multi-year deal with magazine publisher Condé Nast.

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📣LVMH Founder Bernard Arnault’s Family Firm Invests in AI Companies

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🤖 D-ID launches an AI video translation tool that includes voice cloning and lip sync

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🚨🚨 #OpenAI is opposing a bill in California 🇺🇸 that would place new safety requirements on artificial intelligence companies, per Bloomberg.

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