- The Business Of AI
- Posts
- Zuckerberg's New Goal: Building AGI for Meta
Zuckerberg's New Goal: Building AGI for Meta
& Create a Business Using MidJourney
Coming up this week:
- Zuckerberg: Creating Artificial General Intelligence
- Joe Biden: Tells Voters NOT To Vote (or did he?)
- Google: 2024 AI Vision LEAKED
- Microsoft: Teaching Everyone To Read
- Create a Business Using MidJourney
And much more… Learn how these unfolding narratives are shaping The Business of AI.
FEATURED STORY 🔥
Zuckerberg's New Goal: Building AGI for Meta
The CEO of Meta (formerly Facebook) is focusing on creating Artificial General Intelligence (AGI). He's combining Meta's AI research with the team making AI products for Meta's apps. This move aims to bring AI improvements directly to users. Zuckerberg doesn't have a set plan or definition for AGI yet (is it just us, or does this sound a bit crazy?), but he believes it's essential for new products.
There's a big competition for AI experts, with top talents getting huge salaries. Zuckerberg is also investing in powerful computers for AI, planning to own over 340,000 Nvidia H100 GPUs by year's end.
Zuckerberg thinks developing AGI will be a slow process (not what Sam Altman thinks). He's influenced by Meta's language models like Llama 2 and 3, which are getting better at understanding and planning.
He prefers an open-source approach to AGI, to avoid power being held by just a few. This is different from some companies that keep their AI work private. Despite this new AI focus, Zuckerberg says Meta is still committed to its virtual reality projects, like the metaverse. He sees a future where AI and humans interact more in virtual worlds.
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TRENDING STORIES 🔥
Deepfake Disruption: Fake Biden Call Targets Voters
A robocall imitating President Joe Biden, telling New Hampshire voters not to vote, was likely a deepfake created using AI. Experts and the New Hampshire attorney general's office view it as an unlawful attempt at voter suppression. Identifying the exact AI program behind it remains challenging.
LEAKED: Google's 2024 AI Ambitions
Google's 2024 objective is to develop the "world’s most advanced, safe, and responsible AI." This ambition follows recent layoffs and aims to enhance various domains like knowledge, computing, and business innovation. Despite lagging behind Microsoft and OpenAI in AI technology, Google is integrating AI into products like Pixel smartphones and business apps. However, Google faces challenges in creating a standout AI product like ChatGPT and is experiencing pressure in its cloud business and search quality due to AI advancements.
Microsoft's Reading Coach: Now Free for All
Reading Coach, an AI-powered reading assistance tool is now available for free to anyone with a Microsoft account. This tool, which helps learners practice reading, is part of Microsoft's commitment to enhancing educational technology and is accessible on the web, with a Windows app planned.
Image Of The Week 📷️
MidJourney and Dall-E are cool - but what about using it to create a business? I did some research around the organic search volume for coloring page related terms - and it’s MASSIVE!
That’s Monthly Search Volume in the US
What about using MidJourney to create these coloring pages, uploading them to a website, optimizing them for Google organic traffic, and then monetizing via display adverts and selling “premium” coloring packs?
That’s exactly what SuperColoring is doing - and driving 1.4 MILLION monthly visitors (according to Ahrefs). At a modest $10 RPM they are making north of $14,000 monthly just from the display adverts.
Want the prompt: coloring page for kids, orangutan, cartoon style, thick line, low detail, no shading--ar9:11
What do you think of this business idea? |
Poll Of The Week 💗
Can Mark Zuckerberg create AGI? Or will it fail like the Metaverse? |
Last week’s poll results:
Do you think Elon Musk is over-leveraged and in financial trouble? Hence the Tesla play for more voting shares?
🟨🟨⬜️⬜️⬜️⬜️ Yes
🟩🟩🟩🟩🟩🟩 No
EYE OPENING NEWS 🧠
Artists ‘Poison’ Their Work
Nightshade, a new free software tool, allows artists to "poison" AI models that train on their artworks. Developed by the University of Chicago's Glaze Project, Nightshade subtly alters images to mislead AI, aiming to compel AI developers to license uncorrupted data from artists.
iPhone’s On-Device AI Ambition
Apple is working to run generative AI models directly on iPhones and other devices, aiming to reduce reliance on cloud services. This requires smaller AI models and more powerful processors. Apple's new chips, like the M3 Max and A17 Pro, are designed to enhance AI capabilities, with breakthroughs in running large language models (LLMs) on-device using Flash memory.
Sam Wants Billions For AI Chip Factory Network
Sam Altman, CEO of OpenAI, is seeking to raise billions to establish a global network of AI chip factories. This venture, involving collaboration with top chip manufacturers, aims to address the anticipated chip supply shortage and enhance AI capabilities. Altman's plan includes partnering with companies like G42 and SoftBank, focusing on developing specialized hardware for AI advancements.
Boost Your Ads By 32% Using META AI
Meta is leveraging AI to revolutionize digital advertising. With the Meta Advantage suite of AI tools, advertisers have seen a 32% surge in ad performance. These tools enhance targeting precision and campaign effectiveness by analyzing user behavior and delivering hyper-targeted ads, marking a significant shift in advertising strategies.
OpenAI Signs Up Arizona State University
Arizona State University (ASU) becomes OpenAI's first higher education customer, integrating ChatGPT into its academic environment. Starting February, ASU will challenge faculty and staff to propose innovative uses for ChatGPT, focusing on student success, research, and organizational efficiency. This collaboration marks a significant shift in attitudes towards AI in education, showcasing its potential as a tool for enhancing learning and creativity.
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 🤑
ElevenLabs: $80M Series B Funding
ElevenLabs has secured $80 million in Series B funding, co-led by Andreessen Horowitz and others, to solidify its leadership in voice AI. The company is launching new products like Dubbing Studio and Voice Library marketplace, and expanding its Mobile Reader App. This funding will enhance ElevenLabs' AI models, improve content accessibility, and ensure ethical AI deployment.
Forta: $55M Series A Funding
Forta, an AI-enabled autism therapy company, has secured $55 million in Series A funding led by Insight Partners. The company integrates AI and LLMs with parent training to offer personalized applied behavior analysis therapy for autism. The funding will be used to expand its therapy practice, continue AI research, and develop clinical algorithms, enhancing care for autism spectrum disorder.
AiDash: $55M To Spot Wildfire Risk
AiDash, a California startup, has raised $50 million to enhance its AI and satellite technology for detecting fire and weather risks on power lines. This funding reflects Silicon Valley's focus on developing solutions for energy companies to adapt to climate change. AiDash's technology helps utilities reduce forest fire risks and improve grid management, contributing to safer and more efficient energy distribution.
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