Payment solutions are ubiquitous and no entrepreneur can imagine doing business without them. Unsurprisingly, the owners and operators of such solutions make huge profits. The payment solutions market is expected to exceed $192 billion by 2030. In such conditions, the question of how to launch a PSP becomes a very lucrative option. At the same […]
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Report: AI is advancing beyond humans, we need new benchmarks
Stanford University released its AI Index Report 2024 which noted that AI’s rapid advancement makes benchmark comparisons with humans increasingly less relevant. The annual report provides a comprehensive insight into the trends and state of AI developments. The report says that AI models are improving so fast now that the benchmarks we use to measure them are increasingly becoming irrelevant. A lot of industry benchmarks compare AI models to how good humans are at performing tasks. The Massive Multitask Language Understanding (MMLU) benchmark is a good example. It uses multiple-choice questions to evaluate LLMs across 57 subjects, including math, history,
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3 Questions: Enhancing last-mile logistics with machine learning
MIT Center for Transportation and Logistics Director Matthias Winkenbach uses AI to make vehicle routing more efficient and adaptable for unexpected events.
3 Ways Tech Companies Are Embracing Sustainability in Operations
The role of technology must be to make the future brighter, but that’s not always the result of the innovations humanity has come up with over the centuries. With the climate crisis causing major concerns worldwide, the only way out of the current mess is through further breakthroughs. And the good news is that tech […]
Introducing OpenAI Japan
We are excited to announce our first office in Asia and we’re releasing a GPT-4 custom model optimized for the Japanese language.
OpenAI says Voice Engine might be too risky to release
OpenAI says it ran a small-scale test of its new voice cloning product Voice Engine with a few select partners. The results show promising applications for the tech, but safety concerns may keep it from being released. OpenAI says that Voice Engine can clone a human’s voice based on a single 15-second recording of their voice. The tool can then generate “natural-sounding speech that closely resembles the original speaker.” Once cloned, Voice Engine can turn text inputs into audible speech using “emotive and realistic voices.” The tool’s capability makes exciting applications possible but raises serious safety issues too. Promising use
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Does technology help or hurt employment?
Combing through 35,000 job categories in U.S. census data, economists found a new way to quantify technology’s effects on job loss and creation.
Amazon takes $2.75 billion plunge into Anthropic
Amazon announced a colossal $2.75 billion investment in AI startup Anthropic. Anthropic’s Claude 3 Opus is officially the most powerful LLM on the planet, marginally usurping heavyweight GPT-4 on the LMSys leaderboard. Anthropic has received billions in funding from numerous sources, including Amazon and Google, becoming the chief rival to OpenAI. Amazon is now shoveling coal in Anthropic with a new influx of funds, adding to the company’s previous $1.25 billion investment. This brings its total commitment to a staggering $4 billion. This deal, valued based on Anthropic’s last $18.4 billion valuation, is one of the biggest bets of the
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Navigating the Challenges and Opportunities of Synthetic Voices
We’re sharing lessons from a small scale preview of Voice Engine, a model for creating custom voices.
MIT launches Working Group on Generative AI and the Work of the Future
New initiative is convening leading companies and nonprofits with support from Google’s Community Grants Fund.