Amazing to see our clients, Notion, OpenAI, Cradle, Sana included in and on the cover of #ForbesAI50 list of the top 50 privately-held AI companies from around the world. We are so proud to be working with so many leading brands that are shaping the present and future of AI. #thisisoutcast https://lnkd.in/gHtV_iR5
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The top 50 AI companies on this yeas Forbes AI 50 The companies on this year’s AI 50 have raised a total of $34.7 billion in funding. Nearly one-third of that total comes from OpenAI, thanks to some $10 billion from Microsoft. Much more comes from other ascendant AI research firms like Anthropic ($7.7 billion raised), Cohere ($445 million) and Mistral AI ($528 million). Underlying them are a slew of infrastructure tools that are helping companies to implement the technology. Many, like Baseten, LangChain and Unstructured, make their debuts on AI 50 after celebrating booming growth metrics in 2023. #ForbesAI50 https://lnkd.in/efUfH5Ns
Forbes 2024 AI 50 List - Top Artificial Intelligence Startups
forbes.com
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Mistral, a powerful open-source LLM, is making big news these days. For those obsessed with ChatGPT, get ready, I predict these open-source models will soon overtake even the most powerful closed-source GPT!
Wow is today a Mistral AI day? New model, new platform, new funding rounds - $415m series A 💰💰💰 https://lnkd.in/gGYYjTtg
Mistral AI, a Paris-based OpenAI rival, closed its $415 million funding round | TechCrunch
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AI for Financial Services Leader @Microsoft | Passionate about applied Artificial Intelligence for Digital Transformation | Keynote Speaker | Avid member of the Black Swan appreciation society
New creative #GenAI capability from OpenAI marks big step forward, not only for the obvious (eye grabbing) reasons. OpenAI just released #Sora a new #AI that can generate impressively realistic and imaginative videos from simple text prompts. Why it matters: ● The power of the #LLM and its potential impact on the creative industry. The videos that Sora can produce are incredibly realistic and it is not even the final GA version of the AI yet (it is currently only released to red teamer users to assess critical areas for harm or risk). For one, this puts #OpenAI in direct competition with other visual focused #GenerativeAI StartUps like Midjourney or Stability AI. Secondly, this will further amplify and accelerate the impact on #GenAI on the #Media. Already about >30% of companies in the industry leverage Generative AI at some level of scale. Moreover, across industries, Sales & Marketing functions account for 31% of GenAI use cases. Those numbers will increase rapidly given this new level of GenAI capability. ● Acceleration of #Multimodal #GenerativeAI. Generative AI is moving from single input/output interactions (e.g., text to text) to enable interactions with GenAI in more manifold ways e.g., to send it a picture and then ask it questions about it or have it transform it into code i.e. Multimodal AI. The Sora Model is impressive because it not only understands what the user is asking in its prompt. It then creates immensely rich and creative outputs, which in turn show its understanding how these things exist and interact in the real world. As such beyond its video capabilities, Sora showcases a new depth in multimodal interaction now possible with advanced LLMs. Video and additional background from Digital Trends Media Group: https://lnkd.in/emcpY6Ce CC: Richard, Tony, Arjun Vir, Theodora, Dr. Martha, Prof. Dr. Ingrid, Dr. Debashis, Alvin, Efi, Sanjeev, Enrico, Aditya Ranjan, Dinis, Zvonimir, Matt, Alex, Xiaopeng, Guido, Noelle, Adam Goldberg
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What can the AI industry learn from the latest CEO departure and debate around speed and safety? Appian Corporation CTO Michael Beckley helps answer this in this The Messenger article by Benjamin Powers. #TSEclientwork Full article below👇 : https://lnkd.in/gFapmpw6
The Tension That Tore Apart OpenAI Could Upend Everything in AI
themessenger.com
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Automate your business, grow sales, save time, get organized and experience tremendous growth of your Clinic, Spa or Salon.
🚀 Exciting news from OpenAI! With the market saturated with various AI models, including free options, OpenAI is launching a more affordable solution. 🔮 My prediction is that this move will make advanced AI technology more accessible to a broader range of users, fostering innovation and driving new possibilities in diverse industries. 🌐 As the industry continues to evolve rapidly, this step by OpenAI demonstrates their commitment to democratizing AI and empowering more individuals and businesses to leverage cutting-edge technology. Key takeaways: - Affordable AI solutions from OpenAI will open up opportunities for startups and small businesses to harness the power of artificial intelligence. - This move is likely to spur increased adoption of AI across different sectors, leading to more innovative applications and improved efficiencies. - By offering a cost-effective alternative, OpenAI is paving the way for greater experimentation and exploration of AI capabilities within organizations of all sizes. Let's embrace this positive shift towards more inclusive access to AI technology. Can't wait to see the transformative impact it will have on businesses and society as a whole! 🌟 #AI #OpenAI #Innovation #TechTrends
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Industry Milestone Alert: OpenAI's Valuation Hits $90 Billion 🚀 In an extraordinary testament to the potential of artificial intelligence, OpenAI has seen its valuation soar to $90 billion, according to a recent report by the New York Times. This remarkable achievement underscores the swift pace of growth and the escalating interest in AI technologies across the globe. As a leader in the AI space, OpenAI's innovative strides under Sam Altman's leadership offer exciting glimpses into the future of technology. Join us in exploring the impact of this valuation on the industry and what it signifies for the future of AI. #AllAboutAI #OpenAI #TechLeadership #ArtificialIntelligence
From AI Dreams to $80 Billion Reality: OpenAI Rewrote Its Own Destiny! - All About AI
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Building Low-code/No-code Platform to help people build better software. Generative AI | LLM | AI Agents
𝗛𝗲𝘆 𝗟𝗶𝗻𝗸𝗲𝗱𝗜𝗻 𝗳𝗮𝗺! 🚀 Are you ready to witness the next frontier in AI reasoning? OpenAI's Project Strawberry is about to redefine what's possible with artificial intelligence, and you don't want to miss it! 𝗛𝗲𝗿𝗲'𝘀 𝘁𝗵𝗲 𝗱𝗲𝗮𝗹: Project Strawberry, also known as Q*, is combining Q-learning and A* search algorithms to tackle complex long-horizon tasks (LHT) like never before. We're talking about AI models that can conduct autonomous research, navigate the internet, and synthesize information to solve intricate problems. This is HUGE! Long-horizon tasks have always been a tough nut to crack for AI. But with Project Strawberry, we're looking at a breakthrough that could propel us towards artificial general intelligence (AGI). Imagine AI systems with human-like reasoning and problem-solving abilities—it's not sci-fi anymore! 𝗧𝗵𝗶𝘀 𝗶𝘀 𝗿𝗲𝗮𝗹, 𝗮𝗻𝗱 𝗶𝘁'𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗻𝗼𝘄. OpenAI is set to unveil more about this game-changing project at their upcoming DevDay 2024 event series in October and November. Mark your calendars because this is where the future of AI will be showcased! But wait, there's more! Industry giants like Google, Meta, and Microsoft are already paying close attention. Even though some experts are skeptical, Project Strawberry could be the game-changer we've all been waiting for. 𝗦𝗼, 𝗮𝗿𝗲 𝘆𝗼𝘂 𝗿𝗲𝗮𝗱𝘆 𝘁𝗼 𝗯𝗲 𝗽𝗮𝗿𝘁 𝗼𝗳 𝗔𝗜 𝗵𝗶𝘀𝘁𝗼𝗿𝘆? Stay tuned for more updates, and let's get the conversation started! 𝗪𝗵𝗮𝘁 𝗱𝗼 𝘆𝗼𝘂 𝘁𝗵𝗶𝗻𝗸 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗯𝗶𝗴𝗴𝗲𝘀𝘁 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗳𝗼𝗿 𝗔𝗜 𝗶𝗻 𝗮𝗰𝗵𝗶𝗲𝘃𝗶𝗻𝗴 𝗔𝗚𝗜? Drop your thoughts below! 💬 #OpenAI #ProjectStrawberry #AIRevolution #ArtificialIntelligence #MachineLearning #TechInnovation
OpenAI’s Project Strawberry: Revolutionizing AI Reasoning Capabilities
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Elon Musk's AI company, xAI, will make the Grok chatbot open source this week. Grok was introduced to a small group last November. #newsupdate #newsupdates #newsheadlines #newshighlights #newsflash #newsfeed #businessnews #businessupdate #businessupdates #elonmusk #xai #grok #aichatbot #opensourceai #opensourcesoftware
Grok Chatbot Will be Made Open-Source This Week by Elon Musk’s AI Startup xAI
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#AI #openai Sam Altman, co-founder of OpenAI, has been replaced as CEO by Twitch's former CEO, Emmett Shear, in a surprising turn of events. Altman, along with Greg Brockman, who also left the board, will now lead an in-house AI development team at Microsoft Corp., a significant supporter of OpenAI. Microsoft CEO Satya Nadella expressed eagerness to work with Shear and maintain the partnership with OpenAI. The change in leadership at OpenAI follows a period of upheaval after Altman's unexpected removal, which had a significant impact on Silicon Valley. Shear, known for recognizing the existential threats posed by AI and his success in building Twitch, was chosen by OpenAI directors due to his experience and leadership abilities. This shake-up reveals deep divisions within OpenAI, particularly regarding the pace of turning OpenAI into a profitable business and concerns over the safety of AI tools. The board's decision not to comply with Altman's return conditions, which included governance changes and a board reshuffle, led to a search for a new CEO, culminating in Shear's appointment. OpenAI's governance issues and Altman's departure have also impacted financial aspects, with investor Thrive Capital reconsidering its position in a deal valuing OpenAI at $86 billion. This turmoil also threatens Microsoft's $13 billion investment in OpenAI, where it owns almost half of the startup but couldn't influence the board's decision. Shear, who has connections to the effective altruism movement, has previously advocated for a cautious approach to AI development, emphasizing the need for safety and controlled progress. His appointment marks a significant shift for OpenAI, which is still dealing with the fallout from Altman's firing and internal disagreements. Representatives for OpenAI and Shear did not respond to requests for comment on these developments. Meanwhile, Sutskever, OpenAI's Chief Scientist and a key figure in Altman's dismissal, informed staff about the leadership changes and confirmed that Altman would not be returning. https://lnkd.in/eHr8R3En
#AI #openai OpenAI, a leading entity in generative AI, has undergone significant leadership changes, with co-founder and CEO Sam Altman being ousted and another senior executive, Greg Brockman, also leaving the company. The board's decision to fire Altman stemmed from disagreements over the pace of AI development, commercialization strategies, and concerns about the technology's safety. Altman, known for his entrepreneurial ambitions, was exploring funding opportunities, including an AI chip startup and collaborations with high-profile investors, which led to tensions within the board. These disagreements reflect broader debates in the AI community about the balance between rapid development and safety considerations. Such disputes have previously led to notable departures from OpenAI, including Elon Musk in 2018 and a group of employees who later founded Anthropic in 2020. Following Altman's departure, Mira Murati, OpenAI's Chief Technology Officer, has been appointed as the interim CEO. The sudden nature of Altman's firing, communicated via a Google Meet call and followed by immediate revocation of his company access, took many, including Microsoft's CEO Satya Nadella, by surprise. The change in leadership has caused a stir in the tech community, leading to speculation and discussions about the future of OpenAI and generative AI technology. Despite these developments, Altman expressed gratitude for the support received and hinted at future endeavors, possibly involving former OpenAI employees. This shakeup has brought uncertainty to the AI industry, reminiscent of past instances in Silicon Valley where founders have been ousted from their companies. However, it's anticipated that the industry will adapt and continue to evolve, with close attention paid to the governance and ethical frameworks guiding AI development and application. https://lnkd.in/e7ufyFrf
OpenAI Ousts Altman After Clashes Over AI Safety, Making Money
bloomberg.com
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BREAKING NEWS: AI startup Anthropic just announced its most advanced model yet. Claude 3.5 Sonnet. The new model is faster, smarter, and cheaper than the company's current flagship offering, Claude 3 Opus, and puts the pressure back on OpenAI to respond with their own updated models. It's an AI world, baby, and we're just living in it! Read more about what Claude 3.5 Sonnet could do for your business at Inc. Magazine https://lnkd.in/epMBBf_s
Anthropic Just Announced Its Most Advanced AI Model Yet. These Are Its Top Use Cases
inc.com
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