Coming up this week:

- OpenAI poaches Google AI talent with $10M pay packages.
- Humanoid Robot CEO Enters the Boardroom.
- OpenAI is building GPT-5.

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

🔥 Trending Stories

🚀 OpenAI's Bold $10 Million Salary Gambit

OpenAI is reportedly offering up to $10 million per employee to poach Google's top AI talent, ahead of a share sale boosting its valuation to over $80 billion. This aggressive recruitment aligns with the tech industry's AI arms race, exemplified by the success of ChatGPT and Google's enhanced AI investments.

🏢 Robot CEO Leads The Way

Mika, the world's first humanoid robot CEO, has taken the helm at Dictador, a Polish-run company. A collaborative creation of Hanson Robotics and Dictador, Mika embodies the company's ethos and operates 24/7. This AI-driven leadership, leveraging advanced algorithms for data-driven decisions, is a ground breaking step in robotics.

🤖 The Next Leap in AI: OpenAI Announces GPT-5 Development

OpenAI CEO Sam Altman revealed the development of GPT-5, focusing on assembling necessary resources rather than training the model. This includes securing funding, chips from Nvidia, and quality data. No release timeline is set for GPT-5, as training and safety testing could take months.

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📷 Image Of The Week

Brand guidelines are your brand bible – it's not just about maintaining consistency; it's about crafting a compelling narrative that resonates with your audience. Leverage the powers of DALL·E and turn your brand's unique colour palette into stunning, bespoke imagery.

DALL-E Prompt: “Please take this colour palette and create a landscape painting with ONLY these colours”. Credit: Dave Morgan - Tiny Wizard Studio

💗 Poll Of The Week

Last week’s poll results:

Who should be responsible for regulating AI?

 🟨🟨🟨⬜️⬜️⬜️ Governments

🟨🟨🟨⬜️⬜️⬜️ Companies

🟩🟩🟩🟩🟩🟩 Independent Bodies

🤑 Fundraising

🔍 Google's Strategic Move: Betting Big on AI's Future

Google is negotiating to invest millions in AI startup Character.AI, co-founded by ex-Google staff. The startup, known for chatbots that simulate celebrities and anime characters, appeals mainly to younger users. It's seeking funds to expand and enhance its AI models, already using Google's cloud and Tensor Processing Units.

🌐 Civitai: Revolutionizing AI Content Sharing

Civitai, a platform for sharing Stable Diffusion-based AI image models, raised $5.1 million in June, led by Andreessen Horowitz, valuing it at $20 million. It started as a community project and, by January 2023, had 100,000 users, growing to 3 million registered users and 12-13 million monthly visitors.

🚀 Airbnb's AI Leap with GamePlanner Acquisition

Airbnb has acquired GamePlanner.AI, a 12-person AI firm led by Adam Cheyer, the co-founder of Siri and Viv Labs, and Siamak Hodjat, an AI expert. Cheyer and Hodjat will focus on enhancing Airbnb's AI projects, including integrating their tools into Airbnb's platform. This acquisition aligns with Airbnb's commitment to leveraging AI for human connection.

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🧠 Eye Opening News

China AI Startup Stockpiled 18 Months of Nvidia Chips Before Ban

01.AI, a Chinese AI firm, stockpiled 18 months of Nvidia GPUs before the U.S. export ban, as per founder Kai-Fu Lee. This move supports their AI development, including the Yi-34B model, amidst concerns over China's short-term ability to match Nvidia's AI tech and predicts a bifurcated global tech landscape.

Read Full Story Here.

Wearable 'Ai Pin' Launched By Humane, Backed By Ex-Apple Execs And Microsoft

Humane, led by ex-Apple execs, launches Ai Pin, a $699 wearable AI device, backed by Microsoft and OpenAI technologies. Eschewing traditional screens, it uses laser projections and AI for interactions, including a virtual assistant and computer vision. Ai Pin debuts in the U.S. on November 16.

Read Full Story Here.

Cut The Bull... Detecting Hallucinations In Large Language Models

Vectara introduced an open-source model to evaluate hallucinations in Large Language Models like OpenAI and Anthropic’s Claude 2. Their research highlights hallucination challenges in AI, emphasizing the need for grounded, factual AI responses. This tool is pivotal for enhancing the reliability of AI in critical applications like legal and medical advice.

Read Full Story Here.

NVIDIA's Supercomputer Broke Its Own Training Benchmark Record

Powered by over 10,000 H100 GPUs, NVIDIA's Eos supercomputer shattered its own AI training record by training a 175 billion-parameter GPT-3 model in under four minutes. Eos demonstrates unparalleled AI processing power, promising transformative impacts in fields like AI-assisted GPU design and autonomous driving systems.

Read Full Story Here.

Runway’s Gen-2 Update Is Blowing People’s Minds With Incredible AI Video

A game-changer in generative AI, Runway's Gen-2 update massively enhances its AI video model. It allows users to create high-fidelity, consistent videos from text and image prompts. Featuring a 'Director Mode' for dynamic video manipulation, the update marks a significant leap in AI-driven creative software.

Read Full Story Here.

Meet Samsung's Answer To ChatGPT: A New AI Model Called Gauss

Samsung debuted Gauss, a generative AI model rivalling ChatGPT, featuring language, code, and image capabilities. Designed to enhance consumer tech, Gauss focuses on tasks like email composition, document summarization, and image generation. While its product integration is unspecified, Gauss's on-device data processing suggests a privacy-focused approach in Samsung's future tech offerings.

Read Full Story Here.