OpenAI's New Super Model: Strawberry 🍓

The Latest AI News

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Coming up this week:

- OpenAI: New Project Strawberry
- Google: Release AI Video Editing Tool
- YouTube: Apple & Nvidia Use Video Data Without Permission
- Perplexity: Teams Up With AWS

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

FEATURED STORY 🔥

OpenAI's 'Strawberry' Project: A Leap in AI Reasoning

OpenAI is developing a new artificial intelligence (AI) technology, codenamed 'Strawberry'.

The project aims to enhance the reasoning capabilities of AI models, allowing them to not only respond to queries but also to autonomously navigate the internet and conduct 'deep research'.

Strawberry's approach involves a specialized method of processing AI models after they've been trained on large datasets. This could help address current limitations, such as the AI's inability to solve common sense problems or recognize logical fallacies.

The technology is still in progress, and it's unclear when it will be publicly available. OpenAI has hinted at the imminent release of a significantly advanced reasoning technology to developers and other external parties.

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TRENDING STORIES 🔥

Google Unveils Vids for Easy Video Creation

Google's new Vids app in Workspace Labs lets users easily create videos by combining documents, slides, and voiceovers. Available for preview, it features AI enhancements like automatic stock footage and script generation, aiming to simplify video presentations for workplace collaboration.

AI Firms Use YouTube Data Without Consent

Proof News revealed that top AI companies, including Apple and Nvidia, have been using YouTube video subtitles to train their AI models, violating YouTube's policies. This dataset, sourced from numerous channels, has raised concerns about copyright and compensation among affected creators.

Perplexity and AWS Launch Enterprise Pro

Perplexity has teamed up with Amazon Web Services to introduce Enterprise Pro, enhancing AI-driven search and analytics for businesses. This partnership will include joint events and co-marketing, aiming to boost productivity and efficiency across various organizational teams globally.

AI Image Of The Week 📷️

MJ Prompt: A Close Up Photo. Vogue photoshoot of a model wearing latex suit and very big rubber unicorn mask. Neon yellow lines. In the style of a photography studio setting. A hyper realistic photography. Black background. High resolution. Black background. Source.

EYE OPENING NEWS 🧠

FutureSearch Enhances AI Research Accuracy

FutureSearch surpasses other AI tools by conducting extensive research and fact-checking, rejecting unreliable data. It models uncertain data by exclusion and uses advanced techniques to estimate growth and revenue, ensuring more accurate and comprehensive AI-driven analyses.

Rufus AI Now Available on Amazon App

Amazon has launched Rufus, an AI-powered assistant in its shopping app, accessible to all U.S. customers. Rufus assists users by answering product queries, offering recommendations, and comparing options, enhancing the shopping experience with informed decisions based on customer reviews and detailed product information.

OpenAI Nears Human-Level AI Reasoning

OpenAI is progressing towards developing AI with human-like reasoning abilities. Currently at level 1, focusing on conversational AI, they aim to reach level 2, which involves problem-solving skills akin to humans. This advancement is part of their broader goal to achieve artificial general intelligence.

Fujitsu and Cohere Forge AI Development Deal

Fujitsu has partnered with Cohere Inc. to create a Japanese language large language model (LLM) for private cloud environments. Named Takane, this model will enhance data security and efficiency for enterprises, starting deployment in September 2024 through Fujitsu Kozuchi AI services.

Microsoft Designer App Now Available for All

Microsoft has launched its AI-powered Designer app for personal use. It integrates with Microsoft 365 apps and offers innovative features for creating and editing designs. The app supports over 80 languages and is accessible on the web, mobile, and Windows platforms.

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FUNDRAISING 🤑

Fireworks AI Secures $52M in Series B Funding

Fireworks AI raised $52 million in a funding round led by Sequoia, boosting its valuation to $552 million. The investment will accelerate the development of AI systems, team expansion, and platform enhancements to foster AI adoption in production. Total funding now stands at $77 million.

Buildots Secures $15M for AI Construction Tech

Buildots, an AI-driven construction software firm, raised $15 million in funding led by Intel Capital. This investment boosts Buildots' total financing to $121 million, enhancing its technology for better construction management and efficiency.

Regard Raises $61M in Series B Funding

Regard, a digital health startup, secured $61 million in Series B funding, boosting its valuation to $350 million. The AI-driven platform enhances diagnostic accuracy by analyzing extensive patient data, aiding physicians and creating new billing opportunities.

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