Hub AI in practice

Artificial Intelligence is present in everyday life – from “googling” to facial recognition to vacuum cleaner robots. AI tools are becoming more and more elaborate and support people and companies more effectively in their tasks, such as generating graphics, texting or coding, or interpreting large amounts of data.

What AI tools are there, how do they work, how do they help in our everyday world – and how do they change our lives? These are the questions we address in our Content Hub Artificial Intelligence in Practice.

AI in practice

ChatGPT doesn't turn amateurs into great coders, Flappy Bird experiment shows

AI in practice

Don't use ChatGPT to message friends if you want healthy relationships

AI in practice

Japan develops its own culturally sensitive language model

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AI in practice
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Amazon unveiled an AI-powered video generator for advertisers at its Accelerate conference. The new tool, called Video Generator, transforms a single product image into short video clips highlighting the product's features. Amazon says the generator uses the company's unique retail insights to bring product stories to life. Currently, the tool is in a limited beta phase for select US advertisers. The generated videos are 6-9 seconds long with a 720p resolution. Along with Video Generator, Amazon also introduced "Live Image," a feature that creates short animated GIFs from still images. Amazon plans to enhance both tools in the coming months before expanding their availability.

AI in practice
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OpenAI is reportedly nearing completion of a massive funding round worth $5 billion to $7 billion, potentially valuing the company at $150 billion. Sources say OpenAI has set a minimum investment of $250 million. Thrive Capital is leading the round with a $1 billion commitment. Microsoft, Nvidia, and Apple are in talks to invest a combined $2 billion to $3 billion. Tiger Global Management and Abu Dhabi's AI investment fund MGX are also negotiating potential stakes. The high minimum investment limits the pool of possible investors. OpenAI is also considering switching to a for-profit structure, similar to rival Anthropic. Currently, investors like Microsoft receive profit-sharing agreements rather than traditional equity.

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OpenAI is starting to roll out o1-mini, it's new AI model, to free ChatGPT users. This model can solve complex problems and is more accurate than its predecessors. Users can access o1-mini from the desktop version of ChatGPT by clicking on "ChatGPT Auto" and selecting o1-mini from the "Alpha Models" menu. o1-mini is a streamlined version of OpenAI's o1 model, specifically optimized for STEM applications. For math and programming tasks, o1-mini nearly matches the performance of the full o1 model. Recently, OpenAI also increased the usage limit for o1-mini for Plus and Team users.

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OpenAI has increased the usage limits for its o1 AI model. For Plus and Team users, the limit for o1-mini has been increased from 50 messages per week to 50 messages per day. For o1-preview, the limit has been increased from 30 to 50 messages per week. o1 is OpenAI's new logical reasoning model. It has been trained to go through an internal "thought process" before responding. According to OpenAI, this opens up new possibilities for scaling AI by computing power in inference. o1 is primarily suited for logic tasks and is not generally better than GPT-4o on every task. o1-mini is a more cost-effective variant for STEM applications.

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