AIR#140 - July 25, 2024
Good morning, AI aficionados! As you sip your morning coffee, get ready to dive into today's edition of AIR: The AI Recon. Leading the headlines is a jaw-dropping revelation from OpenAI, which is staring down the barrel of a $5 billion loss this year due to astronomical training and inference costs. Despite the soaring popularity of ChatGPT, the financial strain is real, and investors are starting to sweat. If you're curious about the financial dynamics behind the AI giants, this story is a must-read.
But that's not all! The AI job interviewer is here and it's shaking up the hiring landscape. While promising efficiency and streamlining the process, these AI-driven interviews are raising significant concerns about bias and transparency. Critics are calling for more openness in how these systems make decisions, making this a compelling read for anyone interested in the ethical implications of AI in the workplace. Meanwhile, Microsoft’s China-based AI engineers are facing an ultimatum: relocate abroad or risk job security amid escalating U.S.-China tensions. This development underscores the geopolitical complexities impacting the tech world.
And for a touch of the uncanny, Google has become the sole search engine for Reddit after an intriguing AI deal, effectively sidelining competitors like Bing and DuckDuckGo. This move could redefine how we navigate one of the internet's most popular platforms. Whether you're here for groundbreaking tech updates, ethical debates, or the latest industry buzz, today's edition is packed with stories that will both intrigue and challenge you. So, sit back, sip your coffee, and let's delve into the dynamic world of artificial intelligence together!
Business
Reworkd raises $2.75M to build AI web-scraping agents
Reworkd raises $2.75M to pivot from general AI agents to specialized web-scraping AI, simplifying data extraction from public websites.
Microsoft's China AI Engineers Face Relocation Ultimatum
Microsoft's China-based AI engineers face a tough choice: relocate abroad or risk job security amid U.S.-China tensions.
Musk Poll: Should Tesla Invest $5B in xAI?
Elon Musk's poll shows most support Tesla investing $5B in his AI startup, xAI, despite Tesla's recent profit struggles.
Kamala Harris Win Could Secure Smooth Path for AI Firms
A Kamala Harris presidency could mean continued favorable conditions for AI firms with minimal regulation and strong tech ties.
The AI Job Interviewer Will See You Now
AI job interviews rise, promising efficiency but raising bias concerns. Critics demand transparency in AI decision-making processes.
OpenAI Set to Lose $5B Amid $7B Training and Inference Costs
OpenAI faces $5B loss in 2024 due to $7B training and inference costs, despite revenue growth from ChatGPT.
iFixit CEO Slams Anthropic for Disruptive Data Crawling
iFixit CEO criticizes Anthropic for excessive data crawling, straining servers and using content without compensation.
GM Halts Cruise Driverless Car Work Indefinitely
GM halts Cruise driverless car work indefinitely after California ban, focusing on next-gen Chevy Bolt instead.
77% of Employees Say AI Increases Workloads and Hurts Productivity
77% of employees say AI increases workloads and hampers productivity, contrary to 96% of C-suite leaders' expectations.
OpenAI May Lose $5B This Year, Run Out of Cash in 12 Months
OpenAI may lose $5B this year and run out of cash in 12 months unless they secure more funding. Investors question their profitability.
Big Tech Wants to Make AI Free
Meta open-sources Llama 3.1, a powerful AI model, to commoditize AI and boost demand for complementary services like cloud computing.
🔥 Mistral AI Unveils Mistral Large 2: A New Frontier in AI Performance
Mistral AI launches Mistral Large 2: enhanced code gen, math, multilingual support, and reasoning. Available now on la Plateforme.
🔥 Google Becomes Sole Search Engine for Reddit After AI Deal
Google becomes the exclusive search engine for Reddit after an AI deal, sidelining Bing, DuckDuckGo, and others.
Engineering
Llama 3 vs. Llama 3.1 License Terms: Key Changes and Takeaways
Llama 3.1 license drops "Meta," tightens branding rules, adds new acceptable use policy, and removes restriction on improving other AI models.
[GitHub] Finetune Llama 3.1 on Your Infrastructure
Finetune Meta's Llama 3.1 using SkyPilot on your own infrastructure with ease. Supports local, Kubernetes, and cloud setups. 🚀
Using LLMs to Revolutionize Design Editing with CE.SDK
IMG.LY integrates LLMs with CE.SDK to enable natural language-driven design edits, revolutionizing creative workflows.
How We Built Selfyx: A Lean Generative Image App
Built Selfyx: AI app for user portraits in 30 mins, leveraging Stable Diffusion, Dreambooth, and serverless GPUs. Fast, cheap, and fun! 🚀
Two MacBooks Can Run Llama 3.1 405B with Apple MLX and Exo
Llama 3.1 405B can now run on just 2 MacBooks using Apple MLX and Exo's home AI cluster. 🚀
Fine-Tuning Llama 3 for Customer Service: A Symbl.ai Guide
Fine-tune Llama 3 for tailored customer service with Symbl.ai's guide—save costs, boost efficiency, and enhance customer satisfaction.
Hooper – AI-Driven Basketball Stats & Highlights Now in Open Beta
Hooper's AI-driven basketball stats & highlights app is now in open beta! Track, analyze, and share your game with just your phone. 🏀📱
🔥 [GitHub] MINT-1T: One Trillion Token Multimodal Dataset by mlfoundations
MINT-1T: mlfoundations releases a 1 trillion token multimodal dataset, scaling open-source data by 10x with text, images, PDFs, and ArXiv papers.