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| Here's your daily AI briefing: - Apple commits $1B annually to advance generative AI.
- A Pew survey finds 70% lack trust in companies to responsibly use AI.
- Microsoft to invest $3.2B in Australian AI and cloud expansion.
- AI could improve Wikipedia references.
Thank you. Beth p/beth-duckett | |
| 1 | Apple is allocating around $1B a year to further develop its generative AI features and products, according to Bloomberg's Mark Gurman. The Apple executives leading the AI efforts include John Giannandrea (SVP of machine learning and AI strategy), Craig Federighi (SVP of software engineering), and Eddy Cue (head of services). More: - Giannandrea's team is developing AI technology to power a smarter version of Siri for launch as early as 2024, according to Gurman.
- Meanwhile, Federighi's group is infusing AI into the next iOS version, which could improve how Siri and the Messages app answer questions and auto-complete sentences, respectively.
- Cue's team is working to integrate AI into "as many apps as possible," Gurman writes, including auto-generated playlists in Apple Music and auto-created slide decks in Keynote.
- Apple is also exploring generative AI in development tools like Xcode to aid programmers, similar to Microsoft's GitHub Copilot.
Zoom out: - According to Gurman, Apple executives were taken by surprise by the sudden surge in AI developments and have been rushing to catch up since late last year.
- "There's a lot of anxiety about this, and it's considered a pretty big miss internally," a source said.
- Apple has already developed its own large language model framework, called Ajax, and an internal chatbot called Apple GPT, though they haven't been integrated into any consumer products yet.
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| 2 | In a Pew Research survey, 70% of people expressed little to no trust in companies making responsible decisions about how they use AI in their products. The survey also exposed Americans' worries about AI's ability to collect and analyze personal data.  What the numbers show: The survey gauged public attitudes toward companies using AI in their products, revealing that 70% lack trust in companies to make responsible decisions about AI use. Additionally, 80% believe companies will use AI-powered information in uncomfortable or unintended ways. Opinions are divided on AI's potential to make life easier, with 62% believing it will. Adults under 50 were more likely to say yes (70%) compared to those 50 and older (54%).  Zoom out: Meanwhile, many Americans are concerned about AI's role in collecting and analyzing data, with 55% finding computer programs for public assistance eligibility unacceptable and 48% opposing social media analysis. Smart speaker voice analysis receives mixed opinions, according to Pew.  Q: Are you personally worried about AI's ability to collect and analyze your personal data? Join the conversation here. | | |
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| 3 | | Microsoft announced plans to invest AU$5B ($3.2B) to boost its AI and cloud computing capabilities in Australia over the next two years. The company plans to grow its computing capacity in Australia by 250% to meet the rising demand for cloud computing, which is expected to double by 2026 with the growing prevalence of AI. More: - Microsoft is planning a 45% increase in data centers across Canberra, Sydney, and Melbourne, growing from 20 to 29 sites.
- President Brad Smith said it's the largest investment in Microsoft's 40-year history in Australia.
- The spending is "a testament to our commitment to the country's growth and prosperity in the AI era," he said.
- Additionally, Microsoft aims to train 300,000 Australians for the digital economy and enhance its cyber threat information-sharing agreement with Australia's cybersecurity agency.
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| 4 | | A new study suggests that AI could help verify and improve the reliability of Wikipedia references. London-based company Samaya AI created SIDE, a neural network that checks and recommends better sources for Wikipedia citations. More: - Samaya researchers trained their model on a large dataset of Wikipedia entries.
- In their study, SIDE reviewed previously unscanned articles and analyzed sources on Wikipedia pages.
- SIDE recommended sources that were already cited in the article about 50% of the time and provided alternative references for the rest.
- When the results were reviewed by Wikipedia users, people preferred SIDE's suggested citations over the original ones 70% of the time.
Zoom out: - SIDE does have limitations, including focusing only on text in web page references.
- Future research could expand its capabilities to images and videos.
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| A message from our sponsor, Sandhill. | | | IPO Season is back! Recent IPOs from companies like Instacart, Klaviyo, and Arm have opened the door to more startups going public in the coming months. Sandhill Markets opens up access for accredited individuals to invest in these institutional Pre-IPO deals like Stripe, Anthropic, Databricks and Epic Games. How does it work? Through Auctions. We don’t set the price. You and other investors do: - Databricks last round was at ~$73/share
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| 5 | | Analytics startup Databricks Inc. is set to acquire data tech provider Arcion Labs Inc. for $100M. Arcion's technology simplifies data movement between clouds, databases, and applications. More: - Arcion's tech will allow Databricks to ingest data from multiple sources natively, removing the need for third-party tools.
- The acquisition will boost Databricks' data analytics and ingestion from systems like Salesforce, Workday, and Oracle.
- Databricks previously invested in Arcion's $13M Series A funding round.
Zoom out: - Databricks, an AI and data analytics software company, recently secured over $500M in funding, valuing the company at $43B.
- In June, Databricks acquired generative AI startup MosaicML in a deal worth $1.3B.
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| 6 | | AI Events and Conferences: - International Conference on Natural Language Processing and Cognitive Computing: Nov. 6-7, San Francisco.
- Computer Vision Summit London, Nov. 9, London.
- AI World Barcelona: Generative AI Conference: Nov. 14-15, Barcelona, Spain.
- Cerebral Valley AI Summit 2.0, Nov. 15, San Francisco.
- MLCon 2023, Nov. 28-29, online or Berlin, Germany.
- AI & Big Data Expo Global 2023: Nov. 30-Dec. 1, London, U.K.
- The AI Summit New York: Dec. 6-7, New York, N.Y.
- AI Expo, Powered by AWS, Dec. 9, Austin, Texas.
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| 7 | | QUICK HITS - Improve conversations with clear speech understanding and quick sound processing from Horizon hearing aids. Start your 45-day, no-risk trial today.*
- Venture capitalists Marc Andreessen and John Doerr will be among the 21 attendees at tomorrow's second AI Insights Forum hosted by Senate Majority Leader Chuck Schumer.
- Samsung plans to bring advanced generative AI features to the Galaxy S24 series to create what it calls the "smartest AI phones ever."
- Canva has launched Classroom Magic, a suite of AI tools to assist educators with tasks like lesson planning, content editing, and document formatting.
*This is a sponsored post. | | |
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| AI and technology writer | | Beth is an editor and writer of Inside's AI and Tech newsletters, with a career spanning journalism since 2007. She has written for publications including The Arizona Republic and USA Today and authored a book on the solar industry in 2016. Reach her at Beth.Duckett@yahoo.com. | | This newsletter was edited by Aaron Crutchfield | |
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