| |
| Welcome to the latest edition of the Inside AI newsletter! Here are today's top stories: - OpenAI's official ChatGPT app for Android is now available.
- Microsoft tops quarterly expectations, driven by AI and cloud computing.
- Netflix has posted AI roles amid ongoing actors' and writers' strikes.
- OpenAI has axed its AI-writing detector, citing low accuracy.
Beth p/beth-duckett | |
| 1 | | OpenAI has released its ChatGPT for Android app two months after its iOS counterpart. The Android app is currently available on the Google Play Store for users in the U.S., India, Bangladesh, and Brazil. More: - OpenAI said it plans to expand availability to other countries within the next week.
- The Android app offers similar functionality as the iOS version, including the ability to use voice requests, export data, and sync chat history across devices.
- ChatGPT Plus subscribers can also switch between GPT-3.5 and GPT-4.
- The app is expected to enhance ChatGPT's accessibility, particularly in countries with a significant Android user base and/or limited PC usage.
| | |
| 2 | | The news: Microsoft surpassed Wall Street estimates for Q4 revenue and profit, fueled by its cloud business and new AI technology. However, its heavy spending on AI services increased costs as the company bought chips and built new data centers to support advanced AI. What the numbers say: During the quarter, revenue reached $56.2B, an 8% increase from the previous year, while profit surged by 20%. Microsoft's intelligent cloud segment saw a 21% year-over-year growth in operating income, primarily driven by AI offerings. Despite the success, Microsoft's capital expenditures hit a record high since at least fiscal 2016. That spending was driven by increased demand for its AI services, fueled by customer interest and excitement. Quotable: "Organizations are asking not only how – but how fast – they can apply this next generation of AI to address the biggest opportunities and challenges they face – safely and responsibly," CEO Satya Nadella said. The bigger picture: Microsoft's focus on AI investments, particularly in OpenAI and ChatGPT, has given it an early advantage in the generative AI space. The company also plans to charge businesses for access to an AI-powered assistant in its Microsoft 365 software and offer cloud computing solutions for other companies to build their AI services. Why it matters: Investors have shown enthusiasm for Microsoft's AI initiatives, driving its valuation to skyrocket by $800B this year. Microsoft's surge in market capitalization this year now places it as the second-most valuable company globally.  | | |
| A message from our sponsor, Nutrafol. | | | #1 Dermatologist-recommended hair growth supplement brand. Nutrafol is the #1 dermatologist-recommended hair growth supplement brand—and for good reason. When it comes to improving hair growth, we are dedicated to getting every step in the process right—from the formulation of our Hair Growth Nutraceuticals to consumer results. It all starts with our whole-body approach that supports hair growth through improved overall health. Our supplements are physician-formulated to target key root causes of hair thinning in women at every life stage and lifestyle. We choose drug-free ingredients that are clinically tested to address stress, nutrition, lifestyle factors, and other root causes that can impact hair health. With a consistent supplement routine, you can begin to see thicker, fuller, stronger hair in 3-6 months—but don’t just take our word for it. In a clinical study, 86% of women saw improved hair growth and 84% of women saw less shedding after 6 months on Nutrafol Women. Start your hair growth journey today | |
|
| 3 | | Netflix faces criticism for posting an AI product manager role with total estimated compensation of up to $900,000 amid ongoing actors' and writers' strikes. The core focus of the Hollywood shutdown revolves around higher pay, increased streaming residuals, and safeguards against AI displacing human workers. More: - Netflix, Disney, and other companies have been secretive about their AI investments, but job postings and financial disclosures reveal substantial involvement in AI technology.
- Netflix recently posted a job opening for a machine learning platform product manager, offering total compensation ranging from $300,000 to $900,000 annually, based on overall market range for roles in that area of Netflix.
- The job listing hints at AI's role in content creation and its integration across all areas of the business.
- Netflix is also hiring a technical director for generative AI at its gaming studio for up to $650,000 annually.
Zoom out: - Meanwhile, striking actors have rejected a controversial proposal offering them one-time payment to grant companies ownership and perpetual use of their AI-scanned likenesses without future consent or compensation.
- Actor Bryan Cranston, speaking at a rally on Tuesday, reaffirmed actors' determination to protect their jobs and dignity from automation.
- "We will not have you take away our right to work and earn a decent living," he said.
| | |
| 4 | | OpenAI has quietly discontinued its AI-writing detector, citing a "low rate of accuracy." The AI classifier, launched in January, was shut down on July 20. It was designed to help users differentiate between human-written and AI-generated text. More: - OpenAI says the tool correctly labeled 26% of AI-generated text and mislabeled 9% of human-written text as AI-authored.
- The company plans to develop more effective methods for identifying AI-generated audio and visual content.
- AI-generated content detection has been a major concern in education, especially with tools like ChatGPT, which have raised worries about academic integrity.
- Researchers at the University of Kansas claim to have developed a method with over 99% accuracy to identify AI-generated scientific writing.
Zoom out: - Meanwhile, a recent study showed that tools purporting to detect AI-generated text can be easily fooled.
- The study evaluated 14 detection tools, including Turnitin, GPT Zero, and Compilatio.
- While the tools accurately detected human-written text 96% of the time, the accuracy rate of ChatGPT text was only 74% and 42% for slightly tweaked ChatGPT content.
| | |
| A message from our sponsor, NativePath. | | | Unlock the Secrets of Healthy Aging with NativePath Collagen is essential for healthy skin, joints, and bones, but most collagen supplements on the market are made from animal byproducts and contain artificial ingredients. At NativePath, they believe in sourcing only the best ingredients for their products, and that’s why they offer a collagen powder that’s truly native—or as close to nature as humanly possible. By adding collagen powder to your daily routine, you can experience a range of benefits, including improved skin elasticity, joint health, and bone strength. With 18 grams of protein per serving, their collagen powder also supports muscle growth and maintenance, keeping you feeling energized and strong throughout the day. Discover the power of natural collagen supplementation. Take your first step towards healthy aging and try NativePath's collagen powder today. Try it today | |
|
| 5 | | Wayfair has launched Decorify, a free "virtual room restyler" powered by generative AI. The web app lets users upload living room photos and redecorate them in styles such as "modern farmhouse" or "bohemian" using virtual products similar to those in Wayfair's catalog. More: - After the AI remodels the room, users can select similar furniture recommendations of products they can buy.
- Wayfair said it plans to improve the feature by fine-tuning its open-source model with proprietary branding data to achieve better matches with its products.
- In the future, customers will begin by choosing a list of products and creating a room using those furniture pieces.
- Decorify is free for customers and available on the web for both desktop and mobile.
- Wayfair has also used AI in business areas like marketing and customer service.
| | |
| |
| 7 | | QUICK HITS - Invest in Virtuix before they ship their VR treadmills to their waitlist, a $100M opportunity. This opportunity ends on 8/10.*
- TSMC will invest nearly $2.9B in a new plant in Taiwan for advanced packaging of high-performance semiconductors used in generative AI.
- Cohere has launched Coral, a specialized AI "knowledge assistant" for enterprise use.
- In an interview with The Atlantic, OpenAI CEO Sam Altman said that despite claims of AI being a job supplement, it will unquestionably lead to job displacement. "Jobs are definitely going to go away, full stop," he said.
- Discover how collagen helps reduce loose skin, deep wrinkles, and dark spots.*
*This is a sponsored post. | | |
| Upcoming Events | | JUL 25 | | Lacework hosts former CEO of Starbucks, Jim Donald, for a fireside chat on what CEOs need to know about cybersecurity.* | | | | | | | JUL 31 | | #TwoCents Discussion Community Challenge | | | | | | | AUG 2 | | Join Vanta and VioletX and find out how growing startups should navigate the complex compliance space.* | | | | | | | OCT 16 | | Meet Our Fund 5, Building and Investing in AI | | | | | | | NOV 7 | | Join us for Strategic Marketing 2023 and meet 300+ CMOs and senior marketing leaders from the world's biggest brands.* | | | | | | * This is a sponsored event | | | |
Term of the Day EdTech: The use of digital tools, platforms, and resources which enhances the teaching and learning experiences is called EdTech. Read More Question of the Week What's your stance on unpaid internships: valuable experience or exploitation? Join the conversation |
INSIDE AI LEADERBOARD (7 DAYS) |
| AI and technology writer | | Beth is a writer and editor at Inside.com covering artificial intelligence and daily technology news. She has written the Inside AI newsletter since 2019. You can reach her at Beth.Duckett@inside.com. | | This newsletter was edited by Christopher Hachey | |
| |
| |
|
| |
|
| |
Comments
Post a Comment