Coming up this week:

- OpenAI: New Reasoning Model
- Canada: AI In Military Use
- Google: Tackling AI Hallucinations
- Facebook: Scrapes Users' Data For AI

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

FEATURED STORY 🔥

OpenAI Unveils o1: A New AI Model Focused on Complex Problem-Solving

OpenAI has introduced a new AI model called o1, designed to tackle complex problems more effectively than its predecessors.

This model, along with a smaller version called o1-mini, is the first in a series of "reasoning" models. O1 excels at tasks like coding and math, outperforming previous models and even human experts in some areas.

It uses a "chain of thought" process to solve problems step-by-step, similar to human reasoning. The model's training involved reinforcement learning, a departure from the pattern recognition approach used in earlier GPT models.

While o1 is more accurate in complex problem-solving, it's slower and more expensive to use than GPT-4o. It also lacks some capabilities of GPT-4o, such as web browsing and image processing.

OpenAI is gradually rolling out access to o1 and o1-mini across its various user tiers, with plans to eventually make o1-mini available to free ChatGPT users.

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TRENDING STORIES 🔥 

Canada Embraces AI in Military with Human Oversight

Defence Minister Bill Blair announced Canada's plan to integrate AI into its military by 2030. At a summit in Seoul, Canada joined 60 other nations in endorsing responsible military AI use. Blair emphasized that AI will enhance, not replace, human personnel. The strategy aims to keep pace with allies while maintaining ethical standards.

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Google Unveils DataGemma to Combat AI Hallucinations

DataGemma, Google's new open models, aims to reduce AI hallucinations by grounding language models in real-world data from Data Commons. This vast database contains billions of data points from trusted sources. The models use two approaches: Retrieval-Interleaved Generation and Retrieval-Augmented Generation to enhance accuracy and minimize errors in AI-generated responses.

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Facebook Scrapes Australian Users' Data for AI Training

Meta admitted to collecting public data from Australian adult users for AI training without offering an opt-out option. This practice includes scraping photos and posts since 2007, even those featuring minors. Unlike in the EU, where privacy laws require consent, Australian users can only protect their data by setting it to private.

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AI Image Of The Week 📷️ 

MJ Prompt: A newborn baby snow leopard, chubby, adorable, open hearted, soft and cuddly, sitting on the living room sofa, blowing bubbles, clear and bright eyes, soft light, sunshine, real photos, Snapchat style! Credit.

EYE OPENING NEWS 🧠 

AI Advances Enable Robots to Master Complex Dexterous Tasks

Google introduces two new AI systems for robot dexterity. ALOHA Unleashed helps robots perform two-armed tasks like tying shoelaces and hanging shirts. DemoStart uses simulations to improve real-world performance of multi-fingered robotic hands. These systems learn from human demonstrations and simulations to enhance robot capabilities.

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EVI 2: AI's New Voice in Human-Like Conversations

Anthropic introduces EVI 2, an advanced voice-to-voice AI model. It offers rapid, fluent conversations with human-like qualities. The model adapts to user preferences and can emulate various personalities and accents. Available in beta, EVI 2 prevents voice cloning but allows voice customization through modulation features.

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OpenAI Voice Researcher Departs Amid Controversy

Alexis Conneau, creator of OpenAI's voice software GPT-4o, has left the company. His departure follows backlash over the software's similarity to Scarlett Johansson's voice in the movie "Her". Johansson had declined to work with OpenAI but claimed they used a voice eerily similar to hers anyway.

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AI to Carry on Darth Vader's Voice as James Earl Jones Retires

Legendary actor James Earl Jones, at 91, is stepping down from voicing Darth Vader. Lucasfilm partnered with Ukrainian startup Respeecher to preserve Jones' iconic voice using AI technology. The company's algorithm recreated a younger version of Jones' voice for the recent "Obi-Wan Kenobi" series. Jones guided the AI performance as a "benevolent godfather."

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Swift Endorses Harris, Condemns AI Misinformation

Taylor Swift announced her support for Kamala Harris in the upcoming presidential election. She cited AI-generated images falsely showing her endorsing Donald Trump as a reason for making her stance public. Swift emphasized the importance of combating misinformation with truth and encouraged fans to register to vote.

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FUNDRAISING 🤑 

PLATMA Secures $2M in Pre-Seed Funding

Extreme no-code platform PLATMA raised $2 million in pre-seed funding, valuing the company at $20 million. The AI-powered tool converts natural language into functional code, enabling users without programming skills to design complex business processes. The platform has over 10,000 registered users worldwide.

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AI Bookkeeping Startup Finally Secures $200M in Funding

Miami-based Finally raised $200 million in equity and debt, bringing its total funding to $305 million. The AI-powered bookkeeping startup offers financial services and a corporate card to small and mid-sized businesses. Since 2022, Finally has seen 300% annual revenue growth.

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Kinetix Launches $1 Million AI-UGC Fund for Game Developers

French company Kinetix introduced a $1 million AI-UGC Fund to support game developers in implementing generative AI technology. The fund offers up to $75,000 per project, with SmokeSpotGames' Dropcult as the first recipient. Kinetix's technology allows players to create custom 3D animations within games.

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AI Rail Security Firm Secures £4.5M in Funding

Purple Transform raised £4.5 million for its AI-powered rail security platform. The UK company's SiYtE system analyzes data from cameras and sensors to prevent incidents on railways. Currently installed across 900 cameras, it has shown success in reducing thefts and alerting authorities.