😲 Claude 3.5 Sonnet Beats GPT4 In All Tests

The Latest AI News

Author

Adam Smith
June 28, 2024

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Coming up this week:

- Anthropic: Claude 3.5 Sonnet
- Music: Major Labels File Lawsuit
- OpenAI: Acquires Rockset
- Stability AI: New CEO

And much more… Learn how these unfolding narratives are shaping The Business of AI.

FEATURED STORY 🔥

Claude 3.5 Sonnet: A New Era of AI Intelligence and Speed

The latest AI model, Claude 3.5 Sonnet, has been launched and is setting new industry standards for intelligence and speed. It outperforms previous models and competitors, offering improved reasoning, knowledge, and coding proficiency. The model is available for free on Claude.ai and the Claude iOS app, with paid options for higher rate limits. It's also accessible via Anthropic API, Amazon Bedrock, and Google Cloud’s Vertex AI.

Claude 3.5 Sonnet operates at double the speed of its predecessor, Claude 3 Opus, making it ideal for complex tasks. It also excels in visual reasoning tasks, like interpreting charts and graphs.

A new feature, Artifacts, has been introduced on Claude.ai, allowing users to interact with Claude in a more dynamic way. This marks Claude's evolution from a conversational AI to a collaborative work environment.

The company maintains a strong commitment to safety and privacy, with rigorous testing and training to reduce misuse. The model has been evaluated by the UK's Artificial Intelligence Safety Institute for pre-deployment safety. The company does not use customer data for training unless explicitly permitted. Future updates and new models are expected soon.

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TRENDING STORIES 🔥 

Major Labels File Lawsuit Against AI Music Firms

Universal, Warner, and Sony, represented by the RIAA, have sued AI companies Suno and Udio for allegedly using copyrighted music to train their AI, creating direct competition with original recordings. The lawsuits seek to stop further infringements and claim damages for past violations.

OpenAI Acquires Rockset to Boost AI Capabilities

OpenAI has purchased Rockset to enhance its AI retrieval infrastructure. This acquisition will integrate Rockset's advanced data indexing and querying technology into OpenAI's products, improving real-time data utilization for users and developers.

Stability AI Secures $80M, Names New CEO

Generative AI firm Stability AI recently raised around $80 million and appointed Prem Akkaraju as CEO. The UK-based startup, known for its tool Stable Diffusion, aims to expand its AI solutions. The funding round included notable investors and technology executives.

AI Image Of The Week 📷️ 

MJ Prompt: A watercolor vector illustration of a tranquil seaside cliff with jagged rocks and a lighthouse in shades of grey with hints of soft blue and coral, with gentle waves crashing below and seagulls soaring above, set against a white background. The design is minimalistic and modern, suitable for use as an iPhone wallpaper or screen suits. It has a soft color palette and gentle brush strokes that give it an elegant feel, in the style of a minimalistic artist.

EYE OPENING NEWS 🧠 

Etched Unveils Sohu, a Game-Changing AI Chip

Etched, a startup led by Harvard dropouts, has developed Sohu, a specialized AI chip designed to run transformer models efficiently. Promising significant performance improvements over traditional GPUs, Sohu aims to reduce power consumption and costs, attracting substantial investment and interest from the tech industry.

Amazon Plans Paid Tiers for Revamped Alexa

Amazon is revamping its Alexa service, introducing AI enhancements and considering a monthly fee of $5-$10 for advanced features. The project, named "Banyan," aims to make Alexa more conversational and capable, with a release deadline set for August. This overhaul marks the first major update since 2014.

Y Combinator Opposes California AI Bill

Y Combinator, a major venture capitalist firm, has publicly criticized California's proposed AI safety bill, SB 1047. They argue it could damage the state's AI sector by imposing stringent safety tests on large AI models, potentially stifling innovation and harming small AI startups.

ChatGPT Desktop App Launched for macOS

OpenAI has released a new ChatGPT app for macOS, enabling users to interact with ChatGPT directly from their desktops. Features include taking screenshots, uploading files, and starting conversations. The app is compatible with macOS 14+ on Apple Silicon and will be available for Windows soon.

Figma Launches AI Tools to Enhance Design Efficiency

Figma introduces Figma AI, offering new features to streamline design tasks and enhance creativity. These tools, free during the beta period until 2024, include Visual Search and AI-enhanced Asset Search, aimed at improving workflow and reducing tedious tasks. Future pricing will be announced post-beta.

5 Tools to Boost Your Productivity

- Generate personalized visually stunning stories in just one minute. Dorosi
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- Chat, generate, and design without limits using Generative AI. Venturus AI

Want your tool featured here? Hit reply and tell us a little about it 😍 

FUNDRAISING 🤑 

Bright Machines Secures $106M in Funding

Bright Machines, an AI manufacturing startup, raised $106 million in Series C funding led by Nvidia and Microsoft. The San Francisco-based firm, valued at over $1 billion, specializes in automating manufacturing with AI. Total funds raised now top $200 million.

HeyGen Raises $60M for AI Video Tech

HeyGen, an AI video generation platform, secured $60M in Series A funding, boosting its valuation to over $500M. The company, which simplifies video production for businesses, has grown its ARR to $35M and serves 40,000 global customers.

Emergence Secures $97.2M to Advance AI Agents

Emergence, co-founded by ex-IBM leader Satya Nitta, raised $97.2 million to develop AI agents for automating knowledge work. With a total valuation over $100 million, the company aims to enhance task automation using advanced AI technologies.

OpenAI Eases Rules on Stock Sales

OpenAI has updated its policy to allow equal participation in annual tender offers for all current and former employees. This change follows previous restrictions on who could sell shares, reflecting the company's increased valuation amidst a slow IPO market.

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