Weekly Update of AI News #1

Weekly Update of AI News #1

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In the last week the AI world has been buzzing with exciting updates and announcements. Let's dive into the highlights:

1️⃣ SlackGPT announced: Salesforce revealed SlackGPT, an incredible AI experience integrated within Slack. With SlackGPT, every app could potentially have its own embedded AI. Some killer features include summarizing long threads, drafting emails with the help of ChatGPT, and seamless integration with other apps for automation. Source: @SlackHQ 📷

2️⃣ Midjourney v5.1 dropped: The latest version of Midjourney is a mind-blowing upgrade. With v5.1, they have introduced clearer lighting and sharper edges, resulting in stunning visuals. The addition of a "RAW" mode reduces the model's inherent biases, making it more versatile. It combines the artistry of v4 with the realism of v5. Source: @hanne_van_briel 📷 @SoliArt_Academy

3️⃣ ChatGPT crashed education stocks: Chegg recently admitted in its earnings call that ChatGPT was adversely affecting its business. This revelation caused Chegg's stock to plummet. Surprisingly, ChatGPT didn't even reach the reported quarterly results, indicating concerns about the impact of GPT-4 specifically. Other EdTech stocks, including Pearson and Duolingo, also experienced a decline. Source: @FinancialTimes 📷

4️⃣ Bing's FREE ChatGPT now open: Bing made a significant move by granting free access to its Bing chat assistant for all 100 million daily active users. This marks the largest upgrade in Bing AI's history and demonstrates Microsoft's dedication to the AI space. The update includes plugins, chat history, and image generation using DALL-E 2. Source: @bing 📷 @yusuf_i_mehdi

5️⃣ New Box AI reads long documents: Box launched its own AI solution that can read and comprehend lengthy documents, enabling interactive conversations. Box AI also empowers users to create content using ChatGPT-like features. This B2B software application incorporates GPT into its products, with a focus on assisting marketing, customer success, and product teams. Source: @Box 📷

6️⃣ MIT released AI to reduce drug costs: MIT's latest AI leverages cutting-edge computer vision to automate the process of isolating active ingredients in medicine manufacturing. This advancement is expected to enhance efficiency and, most importantly, reduce drug costs. AI's tangible impact on real-world challenges is truly remarkable. Source: @MIT 📷

7️⃣ Biden met with Google and Microsoft CEOs: US President Biden held a meeting with the CEOs of Microsoft, Google, and OpenAI to discuss AI regulation. Biden emphasized the importance of protecting society and expressed a desire for education on the matter. The administration has allocated $140 million to establish an AI Hub and aims to swiftly regulate the industry. Transparency is already a key focus. The world eagerly awaits the next steps. Source: @CNBC 📷

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