Mira Murati’s $100M AI Bet 💸, Sam Altman’s Worldcoin 💰, Meta’s open source models 🌐

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💬 OpenAI Developments

OpenAI GPT 4o ranked as best AI model for writing Solidity smart contract code by IQ

OpenAI's GPT-4o was ranked as the best AI model for writing Solidity smart contracts by IQ's SolidityBench leaderboard, outperforming models like Anthropic's Claude 3.5 Sonnet. The GPT-4o model achieved the highest score due to its proficiency in generating smart contracts that meet stringent security, efficiency, and optimization standards, helping to push forward advancements in AI-assisted blockchain development.

🌐 AI in Various Sectors

Healthcare: Gesund.ai has launched an open-source library aimed at standardizing AI validation in healthcare, providing evaluation tools to address AI performance and bias across diverse patient groups. This initiative aligns with FDA standards and offers a customizable platform for developers and healthcare providers to validate clinical AI, improving transparency and safety in medical AI applications.

Robotics: Chinese scientists have developed STAR1, the fastest humanoid robot in the world, capable of running at 8 mph across the Gobi Desert. Powered by high-torque motors and AI, STAR1’s speed was enhanced by wearing sneakers, demonstrating its ability to navigate varied terrain and surpassing previous speed records set by other humanoid robots.

Social Media and Interaction: Sam Altman’s Worldcoin, which has rebranded itself as "World" and introduced an updated iris-scanning Orb. This device is part of a broader effort to create a global "proof of personhood" system, allowing individuals to verify their humanity in an increasingly AI-driven world. The new Orb aims to enhance the verification process, with a focus on privacy and security concerns. The rebranding reflects World’s shift from a cryptocurrency focus to a larger identity-verification platform.

🚀 Tech Industry Moves

Nvidia has partnered with Aidoc to launch the BRIDGE framework, aimed at standardizing AI integration in healthcare. This initiative will guide healthcare organizations in implementing AI technologies effectively to improve patient outcomes, enhancing Nvidia's growing presence in the sector alongside their existing AI platforms and investments.

Microsoft has launched its Cobalt 100 Arm-based CPUs for general availability in Azure, offering a new non-x86 option for virtual machines (VMs). These VMs are designed for general-purpose and memory-optimized workloads, boasting significant performance improvements and availability across multiple Azure regions, signaling Microsoft's continued investment in diverse computing architectures.

Microsoft has signed a five-year deal with the U.K. government to provide public sector organizations access to its AI tools, including Microsoft 365 Copilot and Azure cloud services. This agreement, facilitated by the Crown Commercial Service, is part of Microsoft’s ongoing efforts to integrate AI into productivity tools for public institutions.

Nvidia: Ian Buck, Nvidia's VP of accelerated computing, discusses the transformation of data centers into "AI factories," focusing on systems that integrate GPUs and CPUs to maximize AI productivity. Nvidia is prioritizing the development of platforms like the Blackwell GPU, aiming to enhance performance and cooling efficiency as AI workloads continue to demand more power and sophisticated infrastructure.

Meta: The OMat24 pre-trained models, introduced with the OMat24 dataset, significantly improve accuracy in predicting critical material properties, such as formation energies, especially for non-equilibrium configurations. Released under open-source licenses, these models provide a valuable resource for AI-driven materials discovery, allowing the research community to enhance and accelerate innovations in materials science.

Meta’s AI chief says world models are key to ‘human-level AI’ — but it might be 10 years out. Yann LeCun emphasized that AI systems are still far from achieving artificial general intelligence (AGI), as they lack key capabilities like common sense, reasoning, and real-world understanding. He advocates for "world models," which could enable AI to predict and interact with the physical world more effectively, but notes that progress in this area is likely years or decades away.

⚖️ AI Ethics and Regulation

Anthropic has updated its Responsible Scaling Policy (RSP) to enhance AI safety by introducing Capability Thresholds, which trigger safeguards when AI models demonstrate risky abilities, such as in bioweapons creation or autonomous AI research. The policy outlines stricter AI Safety Levels (ASLs) and expands the role of the Responsible Scaling Officer to oversee compliance, aiming to prevent harmful AI applications. By offering this framework, Anthropic sets a precedent for AI governance that could influence industry-wide standards and align with growing regulatory pressure.

💡 Emerging AI Technologies and Companies

AI engineers claim new algorithm reduces AI power consumption by 95% — replaces complex floating-point multiplication with integer addition

The power demands of AI are becoming a critical constraint, with data center GPUs consuming enough energy to power over a million homes annually. Even companies like Google are seeing a rise in greenhouse gas emissions due to AI, leading to discussions on whether climate goals should be deprioritized to accelerate AI advancements in the hope of solving global warming.

Mira Murati’s $100M AI Bet, Set to Launch AI Startup

Mira Murati, former CTO of OpenAI, is launching her own AI startup and seeking to raise over $100 million to develop proprietary AI models. Her venture follows a trend of ex-OpenAI executives entering the competitive AI sector, potentially reshaping the landscape with innovative, custom-built AI solutions.

🎨 AI in Creative Industries

At Adobe MAX 2024, Adobe unveiled new AI tools to enhance vector and sketch design workflows like Project Turntable and Project Remix A Lot. Project Turntable transforms 2D vector graphics into 3D while preserving key design elements during rotation. Project Remix A Lot digitalizes hand-drawn sketches into editable layouts and generates size variations for different platforms. These innovations are part of Adobe’s "Sneaks" program, previewing future Creative Cloud features.

🌍 Global AI Race

How Red Oak is revolutionizing compliance with AI-driven solutions

Red Oak's AI Review module uses large language models (LLMs) and prompt engineering to streamline compliance review of marketing materials, reducing the need for extensive data and speeding up feedback. This AI-driven approach integrates seamlessly into existing workflows, enhancing document routing and minimizing delays, positioning Red Oak as a leader in AI-powered compliance solutions ahead of its broader 2024 release.

Tookitaki, AI compliance solution drives expansion across key Asian markets with funding from True Global Ventures

Tookitaki, a leader in anti-financial crime software, secured strategic funding from True Global Ventures to expand its AI-driven compliance solutions across key Asian markets. The investment will help Tookitaki enhance its FinCense and AFC Ecosystem platforms, providing scalable tools for financial institutions to improve anti-money laundering and fraud detection capabilities, ensuring compliance with increasingly stringent regulations.

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