Hello WKND AI Warriors!

Sam Altman joins The Billionaire's Club without a single share in OpenAI!

Also, Meta's Chief AI Officer, Yann LeCun, dismisses the imminent arrival of human-level AI.

While, Elon Musk thinks AGI will achieve human level intelligence next year.

Oh yeah, and Texas schools are now using AI to grade their STAAR tests. Is this the future of education, or are we stepping into controversial territory?

So, grab your beverage of choice.

Here’s your weekly dose of AI news.

Today’s newsletter includes:

• 📰 AI NEWS RECAP

• 🤿 AI DEEP DIVE

• 🛠️ AI TOOL OF THE WEEK

• ⚙️ GPT OF THE WEEK

• 🎓 AI COURSES OF THE WEEK

• 📝 AI PROMPT OF THE WEEK

• 🎨 AI IMAGE OF THE WEEK

📰 AI NEWS RECAP

Sam Altman Joins The Billionaire’s Club

From coding prodigy to billionaire,

Sam Altman's journey is one for the ages.

As the visionary CEO of OpenAI,

Altman has steered the company into uncharted territories of AI…

Without owning a single share in his own company.

Remarkably, his wealth stems not from OpenAI,

But from investments in high-stakes startups like Reddit and Stripe,

Alongside ventures in nuclear energy and biotech.

My Take

Sam Altman's new billionaire status isn't just a personal triumph;

His ascent to billionaire status redefines what it means to be successful in tech,

And signals a shift in how tech fortunes are made…

Strategic investment over traditional equity.

While celebrating this milestone, we have to wonder:

Does Altman’s lack of financial ties to OpenAI promote a more ethical approach to AI?

Will Altman’s financial strategies influence future generations of tech entrepreneurs?

And more important, what will Altman invest in next?

Whatever it is, I want in…how about you?

Tesla sets robotaxi reveal for August 8th. Elon Musk announces the unveiling of Tesla's autonomous vehicle, refocusing company efforts on revolutionary transport technologies over more affordable electric models.

Elon Musk foresees AI surpassing human smarts next year. Musk's prediction suggests that AI could outthink the smartest humans as soon as next year, potentially transforming industries and daily life with its superior analytical capabilities.

Meta's AI chief dismisses the imminent arrival of human-level AI. Yann LeCun argues that without understanding reasoning, planning, or physical interaction, AI, especially large language models, can't achieve human-like intelligence.

Texas schools adopt AI for STAAR test grading. With 75% of the written portions now graded by AI, educators aim for efficiency but express concerns about the lack of human oversight and its impact on students' results.

OpenAI used over a million hours of YouTube for GPT-4 training. Facing a shortage of quality data, OpenAI transcribed extensive YouTube content to enhance its AI model, sparking discussions on the legalities of data use in AI development.

New bill targets AI companies' use of copyrighted art. Proposed by Congressman Adam Schiff, the legislation demands transparency from AI firms on their use of copyrighted material in training their models, aiming to balance innovation with ethical standards.

Mistral AI releases a massive new AI model via torrent. The model, Mixtral 8x22B, stands out for its vast size and complex 'mixture of experts' approach, challenging the norms of AI model distribution and application.

Stability AI launches Stable LM-2 12B model. This new language model boasts 12 billion parameters and is tailored for multilingual capabilities, promising robust performance across diverse AI tasks on commonly available hardware.

Meta set to launch LLaMa 3 open source LLM soon. The upcoming release of LlaMa 3 aims to vastly improve upon its predecessors, offering more sophisticated AI capabilities and addressing the diverse needs of developers and users.

Hugging Face collaborates with Google to release CodeGemma. This new model series is specially designed for coding tasks, offering improved language and code generation across multiple programming languages.

Google Cloud Next 2024 expands access to Gemini models. Expanded access to Gemini models means everyday applications, from online shopping to customer service, could become smarter and more intuitive for users.

Google unveils Gemini 1.5 Pro with groundbreaking features. Now available in over 180 countries, Gemini 1.5 Pro introduces native audio understanding and system instructions, enhancing the capabilities of Google AI Studio and the Gemini API.

Gemini for Google Cloud revolutionizes AI assistance. This new suite enhances developer productivity and integrates advanced AI across various Google Cloud services, providing robust security and enterprise-grade capabilities.

Peking University's MagicTime transforms time-lapse video creation. The new model leverages real-world physics to produce dynamic, high-quality metamorphic videos, significantly enhancing the field of video generation technology.

Udio transforms AI music creation with innovative prompts. Exploring various genres and themes, Udio's AI music tool enables artists to generate unique songs quickly, demonstrating a significant advancement in AI-powered music production.

Spotify Premium introduces AI Playlist for personalized music curation. Now available in beta, this feature allows users to transform creative ideas into tailored playlists, enhancing music discovery and personalization for users in the UK and Australia.

Meta's advanced AI accelerator (MTIA) enhances social media. By doubling processing power, Meta aims to refine content and ad personalization on platforms like Facebook and Instagram, improving user experience.

NVIDIA faces intense competition in AI chip market. As tech giants like Google, Intel, and Meta develop their own AI chips, NVIDIA's dominance is challenged, though its comprehensive software ecosystem continues to give it an edge.

Arm CEO warns of AI's soaring energy demands. By 2030, AI could consume up to 25% of all electricity in the United States, driven by massive increases in data center energy usage as technology giants continue to expand their AI capabilities.

Meta enhances Instagram with AI-powered search. This integration aims to streamline how users discover and engage with content, making finding specific interests and topics easier and more intuitive.

Forbes 2024 AI 50 highlights top startups in artificial intelligence. The list, in partnership with Sequoia and Meritech Capital, showcases companies like OpenAI and Anthropic leading the charge in AI innovation, capturing significant funding and revolutionizing various industries.

🤿 AI DEEP DIVE

Explore the full potential of ChatGPT with a comprehensive tutorial aimed at users of all levels, from beginners to experts.

Learn the following:

• Foundational prompting techniques

• Effective use of follow-up prompts

• Custom instructions for tasks ranging from data analysis to event planning

Perfect for users seeking to leverage AI at work and at home.

🛠️ AI TOOL OF THE WEEK

Noctie.AI

A revolutionary personal AI chess coach, this tool brings the joy and effectiveness of learning chess with a human touch to all levels of players.

It offers real-time, human-like interaction and feedback, enhancing learning through immediate insights and custom exercises, ideal for everyone from beginners to grandmasters seeking to refine their game.

Send your tool here to be featured next week!

⚙️ GPT OF THE WEEK

ChatPRD

Tired of writing requirements and standard work documentation?

Don’t start from scratch.

Try ChatPRD today!

🎓 AI COURSES OF THE WEEK

LinkedIn is offering FREE AI courses.

No payment required.

Register today!

(What are you waiting for?)

📝 AI PROMPT OF THE WEEK

Copy and paste this into your favorite chatbot.

Compose a symphony that incorporates traditional instruments with sounds from interstellar space, reflecting the universe’s vastness.

🎨 AI IMAGE OF THE WEEK

Copy and paste this into your favorite image generator.

Close up of an eye with honeycomb texture, and a bee perched on the side, in the style of hyper realistic. --ar 128:93

Not paying for Midjourney or DALL-E 3?
Click here for Microsoft’s FREE image creator.

Send your image here to be featured next week!

LAST WEEK FROM OUR READERS

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