AI roundup #11 👩💻
In today's roundup ⬇️
📈 Artificial intelligence fuels stock market surge, driven by key tech giants
Prepare for the AI revolution as recent breakthroughs in artificial intelligence (AI) fuel optimism and send shockwaves through the stock market.
With a 9% rally, the S&P 500 owes its success to major players like Microsoft, Alphabet, Nvidia, Apple, and Meta Platforms, riding high on the AI frenzy.
Removing AI-related stocks would send the index tumbling by 10%, underscoring their tremendous impact.
Analysts predict generative AI to supercharge profit margins by 4% over a decade.
As uncertainty looms, the market finds solace in the AI boom, with investors betting big on its transformative potential.
Get ready to ride the AI wave to unprecedented profits!
Sources: Reuters, The Economic Times
🌍 Global leaders emphasize the need for AI governance at the G-7 Summit
World leaders at the G-7 summit have stressed the importance of establishing international standards for the rapid advancements in artificial intelligence (AI).
While acknowledging the benefits of AI technologies like generative AI and metaverses, the leaders expressed concerns about the lagging international regulations to address challenges such as privacy violations and disinformation.
They emphasized the need to govern new technologies based on democratic values, including fairness, accountability, and respect for privacy and human rights.
Leaders have tasked their teams to work together on what the right format would be for an international discussion around norms and standards going forward
- Jake Sullivan, Biden’s national security adviser
The G-7 leaders called for technical standards to ensure "trustworthy" AI and set up the "Hiroshima AI process" to discuss generative AI and report back by the end of 2023.
Sources: Bloomberg, Washington Post
📱OpenAI launches iOS app for ChatGPT, android version coming soon
OpenAI has surprised users by launching an iOS app for its popular AI chatbot, ChatGPT.
The free app, available on iPhones and iPads, includes voice input and syncs chat history with the web version.
OpenAI plans to release an Android version in the near future.
The app's launch is significant as it provides a dedicated platform for ChatGPT, which gained immense popularity since its November 2022 debut.
Previously, accessing OpenAI's language models on mobile required the use of Microsoft's Bing app.
The move is expected to attract more users and deter fake or spam apps claiming to offer ChatGPT access.
Sources: The Verge, TechCrunch
🚀 Zoom Integrates Anthropic's Claude
Video conferencing platform Zoom is collaborating with Anthropic to integrate the AI assistant, Claude, across its productivity platform.
Initially, the chatbot will be added to Zoom's Contact Center to assist customer support agents by providing better self-service features and surfacing relevant resources.
While details about implementing Claude in other areas of the app are scarce, Zoom aims to leverage the assistant to compete with productivity apps like Slack.
Additionally, Zoom Ventures has invested in Anthropic, reinforcing Zoom's commitment to a federated AI approach.
The partnership with Anthropic and existing collaboration with OpenAI enhance Zoom's AI capabilities for improved customer experiences and innovation.
Sources: AI Business, The Verge
🤖 Sanctuary AI unveils Phoenix
Sanctuary AI, based in Vancouver, introduces Phoenix, a 5'7" bipedal robot weighing 155 pounds.
Equipped with advanced hand dexterity and haptic technology, it can lift up to 55 pounds and travel at three miles per hour.
Phoenix's predecessor completed various retail tasks during a successful pilot at a Vancouver store.
Geordie Rose, CEO of Sanctuary AI, envisions a future where general-purpose robots like Phoenix augment human work capabilities.
We see a future where general-purpose robots are as ubiquitous as cars, helping people to do work that needs doing, in cases where there simply aren’t enough people to do that work.
- Geordie Rose
The company's Carbon platform, powered by proprietary AI, enables versatile robotic functionality. Sanctuary AI has secured over $100 million in funding for further advancements.
Tesla has developed at least five Optimus robot prototypes, equipped with AI systems derived from its self-driving Autopilot technology.
Elon Musk envisions a transferable software solution, leveraging Tesla's advanced real-world AI capabilities, enabling the humanoid robot to perform tasks in various domains.
Optimus learns through virtual modeling and motion tracking suits, gradually gaining agility and dexterity.
Tesla plans for Optimus to undertake mundane, repetitive, and dangerous jobs, emphasizing safety and scalability.
Musk predicts that humanoid robots like Optimus will surpass the value of Tesla's car business, eventually becoming highly sought-after by the masses.
Whether we like it or not, the age of humanoid robots is here.
Sources: TechCrunch, New Atlas
AI Roundup #10: Last week in AI