- In partnership with Growth School
Happy Friday, AI & Data Enthusiasts! AI is advancing at a remarkable pace, driving transformative changes across various sectors. OpenAI’s milestone of reaching 1 million paid users underscores the increasing demand for enterprise AI solutions, while YouTube’s enhanced deepfake detection reflects a commitment to safeguarding creators in the digital age. Read today’s edition of our AI newsletter and learn about these groundbreaking developments.
In today’s edition:
- Groq Unveils LLaVA v1.5 7B on GroqCloud: Faster and More Powerful than GPT-4o
- All Hands AI Raises $5M to Revolutionize Open Source Development
- OpenAI Reaches 1 Million Paid Users for Business ChatGPT
- YouTube Enhances AI Deepfake Detection to Protect Creators
– Naseema Perveen
WHAT CAUGHT OUR ATTENTION MOST
Groq Unveils LLaVA v1.5 7B on GroqCloud: Faster and More Powerful than GPT-4o
Groq has introduced its latest visual model, LLaVA v1.5 7B, now available in Preview Mode on the GroqCloud Developer Console. This cutting-edge model is faster than OpenAI’s GPT-4o, offering exciting opportunities for businesses and developers to push the boundaries of multimodal AI.
- Multimodal Capabilities: LLaVA v1.5 7B supports image, audio, and text inputs, enabling a wide range of AI applications, from visual question answering to image captioning and multimodal dialogues.
- Faster than GPT-4o: Boasting superior speed, Groq’s LLaVA v1.5 7B outperforms GPT-4o, offering a substantial boost in processing times for developers seeking fast and efficient solutions.
- Real-World Applications: From customer service chatbots to retail inventory analysis, LLaVA v1.5 7B can power innovative AI-driven solutions in various industries, enhancing automation and user interaction.
- Developer Access: Available now in Preview Mode on GroqCloud, developers can start experimenting with LLaVA v1.5 7B and explore its full potential in building multimodal AI applications.
With the launch of LLaVA v1.5 7B on GroqCloud, developers have access to a powerful and faster model that can revolutionizeAI applications across industries. Don’t miss the chance to experiment with this state-of-the-art model and unlock new AI innovations.
IN PARTNERSHIP WITH GROWTH SCHOOL
KEEP YOUR EYE ON IT
All Hands AI Raises $5M to Revolutionize Open Source Development
All Hands AI, the creator of OpenDevin has secured $5 million in seed funding, led by Menlo Ventures, to build open-source AI agents that help developers automate routine tasks like writing tests and managing dependencies, freeing time for creative work.
- Focus on Routine Tasks: All Hands AI creates open-source AI agents to handle repetitive developer tasks, letting developers focus on core programming.
- Open Source Vision: Inspired by Cognition AI’s Devin, All Hands AI aims to keep its tools open for community contribution and collaboration.
- Community Support: The project, now called OpenHands, has grown rapidly, with over 30,000 stars on GitHub and 150+ contributors.
- Funding Boost: The $5M seed round will support the development of these tools, providing developers with a proactive AI-powered coding assistant.
All Hands AI is shaping the future of software development by making AI-driven tools accessible and open, empowering developers to focus on what they do best
OpenAI Reaches 1 Million Paid Users for Business ChatGPT
OpenAI has surpassed 1 million paid users for its business versions of ChatGPT, signaling strong demand for AI-powered solutions in corporate environments despite growing competition.
- Business Expansion: OpenAI’s ChatGPT Enterprise and Team services cater to companies of all sizes, with strong adoption from universities via ChatGPT Edu.
- Rapid Growth: The number of paid users jumped from 600,000 in April to over 1 million, including corporate and educational accounts.
- Global Reach: Nearly half of OpenAI’s business users are in the US, with growing demand in Germany, Japan, and the UK.
- Privacy & Features: ChatGPT Enterprise offers additional privacy safeguards and features designed to attract more corporate clients.
With 1 million paid users, OpenAI’s ChatGPT is solidifying its role as a key player in the AI business landscape, helping companies and universities harness the power of AI.
YouTube Enhances AI Deepfake Detection to Protect Creators
YouTube is defending itself against AI deepfakes by introducing new tools to protect creators from unauthorized face and voice manipulation. Key updates include synthetic-singing identification and face detection technologies, empowering creators to manage AI-generated content.
These tools aim to give creators control over how their likeness is used while promoting responsible AI use. The initiative expands on YouTube’s successful Content ID system, reinforcing its commitment to safeguarding creativity while allowing AI to enhance, not replace, human innovation.
ICYMI
- OpenAI Teases ‘GPT-Next’: 100x More Powerful Than GPT-4.
- Google launches AI-powered virtual try-on tool for shopping dresses.
- German LLM maker Aleph Alpha pivots to AI support.
- US, Britain, and EU to Sign Groundbreaking AI Standards Agreement.
- Porn victims can scrub images from Bing search using a tool introduced by Microsoft.
MONEY MATTERS
- The AI servers market is projected to reach $17.5 billion by 2024.
- E-commerce retailers using AI experienced an average revenue increase of 10-25%.
- AI is expected to boost the U.S. GDP by 21% by 2030.
- Meta expects to spend $37 to $40 billion on AI in 2024.
- TSMC forecasts Q3 revenue to rise to $22.4-$23.2 bln.
LINKS WE’RE LOVIN’
✅ Podcast: Listen to How AI and RNA Tech is Transforming Drug Discovery.
✅ Cheat sheet: How AMD makes money.
✅ Course: AI Essentials by Google.
✅ Whitepaper: Role of AI & RPA In Banking & Insurance.
✅ Watch: Microsoft Surface Pro 11 Review.
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