OpenAI and Moderna Team Up, Microsoft Phi-3, and Sam Altman and AI Leaders Join Homeland Security AI Board


In an episode of fascinating topics and exploration of evolving models, The AI Show hosts Paul Roetzer and Mike Kaput explore the rise of AI Emergent companies like Moderna and Asana, Microsoft’s introduction of the Phi-3 family of small language models, and the formation of the US government’s AI Safety and Security Board featuring tech leaders like Sam Altman, Satya Nadella, and Sundar Pichai. Our rapid fire section covers news from Eric Schmidt-backed Augment, Expansion of Meta Ray-Ban Smart Glasses Collection, Hubspot AI Updates and more. Continue reading “OpenAI and Moderna Team Up, Microsoft Phi-3, and Sam Altman and AI Leaders Join Homeland Security AI Board”

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OpenAI Announces New Board Members, Reinstates Sam Altman


March 10th, 2024: OpenAI, the organization at the forefront of artificial intelligence research, announced a significant update to its board of directors. CEO Sam Altman is back on the board after a temporary departure.

He is not alone in this new chapter; joining him are Dr. Sue Desmond-Hellmann, former CEO of the Bill and Melinda Gates Foundation; Nicole Seligman, former president of Sony Entertainment; and Fidji Simo, current CEO of Instacart.

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This expansion brings the total board membership to eight, marking a pivotal moment in the company’s governance.

The transition comes after Altman’s earlier removal, which stirred discussions within the tech community.

Alongside Altman, the inclusion of Desmond-Hellmann, Seligman, and Simo addresses past criticism regarding the board’s diversity and decision-making processes. These new members are renowned for their leadership across various sectors, promising to bring a wealth of experience to OpenAI.

Their appointments follow a period of introspection for OpenAI, triggered by external criticism over the board’s composition and internal concerns about leadership styles. The company has faced scrutiny over its rapid growth and the ethical implications of AI development.

This has led to calls for more transparent and responsible leadership, to which OpenAI has responded with this latest announcement.

Desmond-Hellmann brings a rich background in healthcare and innovation, having led the Gates Foundation and contributed to advancements in cancer treatment.

Seligman, known for her legal acumen and corporate governance experience, has represented high-profile clients and led Sony Entertainment.

Simo, with her deep roots in technology and social media at Meta and now at Instacart, adds a contemporary perspective on consumer tech and innovation.

This reshaping of the board aims to address previous criticisms and guide OpenAI through the complex landscape of AI development and regulation. The company emphasizes that the diverse experiences of the new members will play a crucial role in navigating ethical, legal, and societal challenges.

Moreover, the reinstatement of Altman, following an investigation into his earlier removal, signals a renewed confidence in his leadership.

OpenAI highlights this as a step towards stabilizing its leadership structure and ensuring a focused pursuit of its mission to ensure artificial general intelligence benefits humanity.

In response to calls for better governance, OpenAI has introduced new corporate guidelines, including a conflict of interest policy, a whistleblower hotline, and additional board committees.

These measures aim to strengthen accountability and foster an environment where innovation is balanced with ethical responsibility.



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Jeff Bezos’ AI Search Engine Investment Set to Double in Months


March 13th, 2024: Perplexity AI, a startup founded in August 2022, is on a mission to challenge Google’s dominance in the search engine market with its AI-powered platform that combines the functionality of a chatbot and a traditional search engine.

The company’s rapid growth and innovative approach have caught the attention of investors, including Amazon founder Jeff Bezos, who invested in Perplexity AI through his Bezos Expeditions Fund.

In January, Perplexity AI CEO Aravind Srinivas announced that the startup had raised $73.6 million in a funding round that included investments from venture capitalists, companies like Nvidia, and angel investors, in addition to Bezos’ investment.

The round valued the company at approximately $520 million. Just a few months later, Perplexity AI is finalizing a new funding deal that would see its valuation nearly double to around $1 billion, according to a report by the Wall Street Journal.

Srinivas shared in a blog post that Perplexity AI had attracted 10 million monthly active users and served over half a billion queries in 2023.

Jonathan Cohen, VP of applied research at Nvidia, praised the startup, stating that it is “one of the few consumer AI products to reach this major milestone of 10 million MAUs.”

Perplexity AI’s search engine offers real-time information and provides footnotes showing the sources of its answers.

The company generates revenue by offering a Pro version for $20 per month, which allows users to choose from various large language models, including OpenAI’s GPT-4, Anthropic’s Claude 2.1, or Perplexity’s own LLM.

Srinivas has been vocal about his belief that Google’s search engine is outdated and that Perplexity AI represents the future of online information access.

“Google is going to be viewed as something that’s legacy and old, and Perplexity will be viewed as something that’s the next generation and future,” he told Reuters in January.

Despite Google’s ongoing efforts to integrate AI into its search engine, testing it on millions of users, Srinivas believes that the tech giant lacks the incentive to move quickly and improve the product experience, as its core revenue comes from users clicking on links and viewing ads.

As people increasingly turn to AI chatbots for their online queries, Srinivas is confident that Perplexity AI’s approach will prove more efficient and user-friendly.

“The times of sifting through SEO spam, sponsored links, and multiple web pages will be replaced by a much more efficient way to consume and share information,” he wrote in the January announcement.

While Perplexity AI’s potential $1 billion valuation is impressive, the startup still faces a significant challenge in competing with Google, which has vast resources, AI talent, and a parent company, Alphabet, valued at $1.7 trillion. Nevertheless, Bezos’ investment and the rapid growth of Perplexity AI demonstrate



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How AI Is Helping Small Businesses In This Digital Landscape?


How AI is Helping Small Businesses in this Digital Landscape?

In this ever-growing digital landscape, being competitive is quite a challenging task for even multinational brands. Many well-recognized organizations are still trying to flag their brand name on top of the list and struggling to maintain their market position. If this is the case, just imagine how a startup entrepreneur or a small business can compete in this competitive era.

Implementation of automation technologies and deployment of intelligent tools might help small businesses streamline operations and stay ahead in this digital world. Technologies like AI would help companies better organize their workflows, better utilize resources, and deliver best-in-class services to targeted audiences in a smart way.

Artificial Intelligence (AI), it’s not a new term to the technology industry. AI’s benefits are incredible for small businesses. Intelligent automation capabilities of AI and its sub-technologies, such as Machine Learning (ML), Natural Language Processing (NLP), and Predictive Analytics, will help small to mid-level companies enhance business efficiency, improve decision-making, personalize customer interactions, and encourage brand awareness in their niche.

In this article, we have compiled a list of the top benefits of AI for small businesses. If you are a small business and looking ahead to explore your brand name and acquired customer loyalty, these are the best ways to implement and benefit. Take a deep delve into the AI benefits for small businesses.

 How AI Can Be Useful For Small Businesses? 

Here are the top 5 ways small businesses can use AI and drive compelling growth.

  1. Automate back-office administrative tasks

Integration of AI into applications, systems, and devices will help companies automate their repetitive functions. This would help businesses streamline their operations and automate time-consuming tasks, they’re improving productivity, business efficiency, and reduced operational costs.

  1. Evolution of AI tools and applications

The evolution of AI innovations like ChatGPT, Jasper, recruitment automation tools, and many more will help small businesses as guides for creating business plans, getting knowledge on marketing and sales campaigns, and deriving ideas to better manage work processes, and drafting emails, creating web site content. Moreover, AI-powered recruitment and hiring applications are assisting the recruitment team in sourcing, shortlisting, and hiring candidates faster, thereby saving 30% of hiring costs.

  1. Automating Customer Service

It is one of the best ways where AI can be helpful for small businesses. Through AI-powered chatbot applications businesses can virtually resolve routine customer issues and provide them useful information that they are looking for. Such intelligent automation tools help companies keep their brand available 24*7 and improve customer loyalty.

On the other side, voice and speech recognition technologies are the other two crazy categories of AI. Top mobile app development companies are integrating AI-based voice recognition systems in AI apps to improve application accessibility and conversation efficiency.

  1. Analyzing Customer Preferences

Leveraging the power of Predictive analytics and machine learning, AI apps play a significant role in analyzing customer preferences, interests, and their purchasing history to derive insights into sales opportunities. Businesses can monitor customer purchase behavior and deliver personalized recommendations about services and products. It will assist companies in enhancing customer engagement and optimizing sales conversions.

  1. Predictive Analytics to Forecast Sales Trends

Predictive analytics belongs to the AI field and plays a key role in analyzing vast databases and forecasting valuable insights into market trends, sales opportunities, pricing strategies, business progress, and many more. Hence, using AI and predictive analytics, small businesses can improve the accuracy of sales forecasting and increase and stay on top of growth opportunities in this digital age.

  1. Enhanced Security Levels

AI-powered fraud detection algorithms can be helpful for businesses in detecting unethical accesses and protecting information systems and networks. For instance, AI can be useful and plays an important in banking and finance for monitoring transactions and preventing cyber threats.

  1. Supply Chain Management Efficiency

AI is a truly amazing technology for streamlining supply chain operations. AI applications can monitor inventories and give updates to warehouse management, thereby preventing overstocking and helping businesses keep required quantities to balance the market demand. Moreover, AI, coupled with the Internet of Things (IoT) would help companies track and monitor their supply chain operations, starting from production and warehouse shifting to logistics and distribution. Hence, AI will reduce operational costs and streamline workflows.

These are a few benefits of AI adoption for small businesses. Potential growth would be associated with AI app development for your business. This transformative technology would maximize your business benefits.

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