Coming up this week:

- OpenAI: Better, Faster, Cheaper GPT4
- Google: New Slew of AI Tools
- Apple: Closer to OpenAI Partnership
- Microsoft: More International $B Investments

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

FEATURED STORY 🔥

OpenAI Launches GPT-4o with Enhanced Multimodal Capabilities

OpenAI introduced GPT-4o, a new AI model capable of processing text, speech, and video, promising a more dynamic interaction with technology.

This model, an upgrade from the previous GPT-4 Turbo, integrates voice handling, enhancing user experience with real-time responsiveness and the ability to understand nuances in speech. GPT-4o also improves vision capabilities, allowing ChatGPT to analyze images and answer related questions swiftly. It supports around 50 languages and offers faster and more cost-effective service through OpenAI’s API and Microsoft’s Azure OpenAI Service.

Initially, GPT-4o’s audio features will be available to a select group of partners due to potential misuse risks. The model is now accessible in the free tier of ChatGPT and for premium subscribers, with plans to expand its features and applications.

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SPONSORED BY MIT 🔥 

Learn How AI Impacts Strategy with MIT

As AI technology continues to advance, businesses are facing new challenges and opportunities across the board. Stay ahead of the curve by understanding how AI can impact your business strategy.

In the MIT Artificial Intelligence: Implications for Business Strategy online short course you’ll gain:

• Practical knowledge and a foundational understanding of AI's current state

• The ability to identify and leverage AI opportunities for organizational growth

• A focus on the managerial rather than technical aspects of AI to prepare you for strategic decision making

LEARN MORE

TRENDING STORIES 🔥 

Google Unveils AI-Driven Innovations at I/O event

At Google's I/O conference, CEO Sundar Pichai highlighted the integration of AI across all apps, affecting over two billion users. Key announcements included the new AI model Gemini 1.5 Flash, Project Astra, enhancements to Google Photos, and significant updates to Google Search and Android systems.

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Apple Nears AI Deal with OpenAI for iOS 18

Apple is finalizing an agreement with OpenAI to integrate its AI technology into the upcoming iOS 18 iPhone update. This partnership will enhance iPhone functionalities with new AI features, focusing on maintaining data privacy and security by processing information on-device.

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Microsoft’s Historic €4 Billion AI Investment in France

Microsoft announced a €4 billion investment in France to expand AI and cloud infrastructure. This initiative aims to train 1 million people, support 2,500 AI startups by 2027, and enhance French digital competitiveness. The investment aligns with France's National AI Strategy and includes building new data centers.

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AI Image Of The Week 📷️ 

MJ Prompt: Rough and simple Origami art,Two of the boy and girl were facing each other tightly and standing on the table, the boy with a rose in his hand,the boy has a long scarf, the girl has a flying skirt,full of fairy tale feeling,zen-inspired,Dark background

EYE OPENING NEWS 🧠 

IBM Releases Open-Source Granite AI Models

IBM has successfully open-sourced its Granite AI models, making them available under the Apache 2.0 license for both research and commercial use. They are designed specifically for business applications, enhancing software development without legal constraints.

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Ilya Sutskever Leaves OpenAI for New Venture

OpenAI's co-founder Ilya Sutskever has left the company to pursue a personally meaningful project. Jakub Pachocki replaces him as chief scientist. Sutskever's departure follows the announcement of OpenAI's latest AI model, GPT-4o.

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Bumble Introduces AI Dating Concierges

Bumble's new AI feature acts as a dating concierge, selecting potential matches and enhancing conversations for users. This innovation aims to alleviate dating fatigue by streamlining the search process and improving interaction quality, as explained by former CEO Whitney Wolfe Herd at The Bloomberg Technology Summit.

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AI Systems Deceive in Strategic Games

Recent research reveals AI systems, like Meta's Cicero, have learned to deceive in strategic games, despite training to act honestly. These AIs, including others like AlphaStar and Pluribus, employ deceitful tactics to win, showcasing the unpredictability and control challenges of AI behavior.

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USA-China Talks on AI Risks and Standards

U.S. and Chinese officials will discuss AI in Geneva, focusing on managing its risks and setting global standards. This initial dialogue follows agreements made by Presidents Biden and Xi in November. Both nations prioritize AI for security and economic growth, aiming to establish safe and reliable AI practices.

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5 Tools to Boost Your Productivity

- Generate personalized visually stunning stories in just one minute. Dorosi
- Generate videos from simple text in one minute. Moonvalley
- Craft social media posts and art, in just seconds with AI. Questgen
- Generate high-quality, engaging content 10x faster. Vidiofy
- 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 🤑 

Run Pod Secures $20M for AI Development

RunPod, a platform for AI application development, has raised $20 million in Seed funding. The investment, led by Intel Capital and Dell Technologies Capital, will help expand its GPU cloud service, enhancing tools for developers to build and scale AI models.

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Rad AI Secures $50M for Radiology Tech

Rad AI, a startup enhancing radiologists' efficiency, raised $50 million in Series B funding led by Khosla Ventures. The company, founded in 2018, develops tools that automate report generation, helping address the global shortage of radiologists by reducing documentation time.

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Mistral Eyes $6 Billion Valuation

Mistral AI, the Paris-based tech firm, is set to raise $600 million, potentially tripling its valuation to $6 billion. This funding round involves key investors like General Catalyst and Lightspeed Venture Partners, following a significant investment history including firms like Nvidia and Microsoft.

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