💵 Google Invests $2B In AI Startup Anthropic
PLUS: The AITR Insider Program (again)
Martin Crowley & Arturo Ferreira
October 30, 2023
Premium // Sponsorship // Services // Tools Database
Welcome to AI Tool Report!
Huge news for a Monday…
Google just decided to invest $2B in Anthropic (primarily to compete with Microsoft through the AI proxy wars)
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Read Time: 4 minutes
Our Report: Google has reportedly invested $2B in AI startup Anthropic, intensifying the ongoing proxy war between Microsoft/OpenAI, Google/Anthropic & Amazon/Anthropic.
🔑 Key Points:
Anthropic has recently secured significant investments from other huge tech firms, including Amazon, who recently pledged $4B (the same amount Microsoft pledged to OpenAI).
In this deal, Google will reportedly invest $500M now, with a possible addition of $1.5B later (conditions and timelines are ambiguous at the moment).
Anthropic tailors their product specifically for corporate and enterprise-level solutions. Notably, we’re seeing a growing trend in institutional adoption of AI products/services; thus, Anthropic may be perfectly poised.
Google, Amazon, and Microsoft have all endorsed their frontrunners in the AI arena, and their deep collaborations with specialized AI organizations consistently position them at the cutting edge of innovation.
🤨 Why you should care: The massive investments in AI startups signify the institutional belief in AI—especially with tech giants such as Google, Amazon, and Microsoft dropping $2B, $4B, and $4B respectively.
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🎨 Artist Highlight: Shikoba
OLD PROMPT
In a short time, MJ has evolved. Those who have followed its evolution step by step know both the good and the bad when a new version comes out; the token management changes drastically.
Occasionally, I'll propose old prompts in the current version to showcase the… twitter.com/i/web/status/1…
— Shikoba 🤌🇮🇹 | Midjourney Artist (@shikoba_86)
Oct 29, 2023
OpenAI has introduced new beta features for ChatGPT Plus members, including allowing users to upload files for analysis and offers automatic mode switching, like "Browse with Bing", based on context (seems simple but is a game changer for us).
Additionally, beyond text files, users can upload images for creative tasks using DALL-E 3 (OpenAI’s version of MidJourney). So far, here at AITR, we’ve really enjoyed the added intuition based on context.
The UN has established a 39-member advisory body to oversee global AI governance, with the group comprising of tech executives, government officials, and academics from various countries.
The board aims to understand AI's potential benefits and threats, promote international cooperation on AI regulation, and build a consensus on its challenges, with the body's inaugural meeting scheduled for October 27.
LAION, a nonprofit focused on AI training data, has launched the Open Empathic project to integrate empathy into open-source AI systems by creating AI that comprehends human emotions by understanding tone shifts and expressions.
The project involves annotating YouTube clips with detailed emotional descriptors, and LAION hopes to collect up to 1M samples by next year (it’s the same team behind Stable Diffusion).
The AI Tool Report just became the fastest-growing AI newsletter in the world, with 400,000+ readers working at companies like Apple, Meta, Google, Microsoft, and many more. We’re now booked out 4 weeks in advance, due to a massive surge in demand. Book your ad spot before someone else does…
💵 Swiss startup raises $9.2M to help businesses deploy AI apps
📍Humane’s AI pin could cost $1000, and require a subscription
🤝 G7 economies to agree on code of conduct for businesses
🚗 GM driverless cars suspended after California ban
🇬🇧 What to expect from the UKs AI summit
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Until next time, Martin & Arturo.
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