In The News
Keeping up with the latest developments in the AI industry can be challenging, but here’s a roundup of recent stories in the world of machine learning that you should know about:
1. OpenAI: OpenAI, the artificial intelligence research lab, announced that it has raised $100 million in funding. The investment will be used to support the development of AI technologies and ensure their safe and ethical use.
2. Anthropic: Anthropic, a research lab focused on building safe and beneficial AI systems, has raised $124 million in funding. The company aims to develop AI models that align with human values and can be used to solve complex problems.
3. Google: Google has introduced a new feature called “LaMDA” (Language Model for Dialogue Applications), which aims to improve conversational AI. LaMDA is designed to have more natural and engaging conversations, making it easier for users to interact with AI systems.
4. Inflection: Inflection, a company specializing in AI-powered identity verification, has raised $100 million in funding. The company plans to use the investment to expand its product offerings and enhance its AI capabilities.
5. AI in Healthcare: Researchers at the University of California, San Francisco, have developed an AI system that can predict the risk of developing Alzheimer’s disease. The system analyzes brain scans and other data to identify early signs of the disease, potentially enabling early intervention and treatment.
6. AI in Agriculture: A team of researchers from the University of Cambridge has developed an AI system that can detect diseases in crops. The system uses computer vision and machine learning algorithms to analyze images of plants and identify signs of disease, helping farmers take timely action to prevent crop losses.
7. AI in Finance: JPMorgan Chase has launched a new AI-powered tool called “LOXM” (Limit Order Execution Mechanism). LoxM uses machine learning algorithms to optimize the execution of stock trades, improving efficiency and reducing costs for the bank and its clients.
8. AI in Transportation: Waymo, the self-driving car company owned by Alphabet, has partnered with transportation network company Transdev to launch a self-driving taxi service in France. The service will initially be available in the Paris region and will expand to other cities in the future.
Top things to Know
– OpenAI and Anthropic have raised significant funding to support the development of AI technologies and ensure their safe and ethical use.
– Google has introduced LaMDA, a new feature aimed at improving conversational AI and making interactions with AI systems more natural and engaging.
– Inflection has secured funding to enhance its AI-powered identity verification capabilities.
– Researchers have developed AI systems that can predict the risk of developing Alzheimer’s disease and detect diseases in crops, enabling early intervention and prevention.
– JPMorgan Chase has launched LoxM, an AI-powered tool that optimizes the execution of stock trades, improving efficiency and reducing costs.
– Waymo and Transdev are partnering to launch a self-driving taxi service in France, starting in the Paris region.
These recent developments highlight the growing impact of AI across various industries, from healthcare and agriculture to finance and transportation. As AI continues to advance, it is crucial to ensure its responsible and ethical use, and these companies and researchers are taking steps in that direction.
Original article: https://techcrunch.com/2023/07/22/this-week-in-ai-companies-voluntarily-submit-to-ai-guidelines-for-now/