Matthias Bastian
Matthias is the co-founder and publisher of THE DECODER, exploring how AI is fundamentally changing the relationship between humans and computers.
Read full article about: Elon Musk-backed AI startup X.AI files for $1 billion equity offering
Elon Musk's AI startup, X.AI, has filed with the SEC to raise up to $1 billion in an equity offering. The company has already raised at least nearly $135 million from four investors, and the filing suggests that the company may have raised the full amount it's seeking ("[t]he issuer has entered into a binding and enforceable agreement for the purchase and sale of the Total Remaining to be Sold listed above"). Musk, who also runs Tesla, SpaceX, Boring Company, and Neuralink, said last month that investors in X (formerly Twitter) would own 25% of X.AI. Last month, X.AI launched a chatbot called Grok, which is designed to compete with other AI systems like Google's Bard technology and Anthropic's Claude chatbot.
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Source: SEC filing | Axios
Read full article about: Meta's Yann LeCun says he expects AGI "clearly not in the next 5 years"
Meta's head of AI research, Yann LeCun, says he expects Artificial General Intelligence (AGI) "clearly not in the next 5 years." The industry's focus on language alone is not enough, LeCun argued, in line with previous statements. LeCun has his own architectural approach to AI, which focuses on improving AI systems' understanding of the world. Before human-like intelligence, there would first be dog-like or cat-like intelligence, LeCun said.
Text is a very poor source of information. Train a system on the equivalent of 20,000 years of reading material, and they still don’t understand that if A is the same as B, then B is the same as A.
Yann LeCun
Read full article about: ByteDance to launch its own version of Custom ChatGPTs
ByteDance, the Chinese company behind TikTok, is developing an open platform for users to create their own chatbots as it enters the generative AI market. The "bot development platform" is expected to launch as a public beta by the end of the month, according to an internal memo seen by SCMP. This comes amid a surge in demand for generative AI products and services, following the launch of ChatGPT last year. ByteDance is also reportedly working on a text-to-image generator similar to Midjourney. The move is part of the company's new strategic vision to integrate new generative AI products with existing ones. Other tech giants, including Baidu (Ernie Bot) and Alibaba (Tongyi Qianwen 2.0), have also launched similar services.
Read full article about: Amazon's AI chatbot Q suffers "severe hallucinations," leaking confidential data
Amazon's AI chatbot, Q, is reportedly experiencing "severe hallucinations" and leaking confidential data just days after it was announced. According to leaked internal documents obtained by Platformer, Q has revealed the location of AWS data centers, unreleased features, and internal discount programs. Employees have labeled the incident "sev 2," which requires urgent attention from engineers. Amazon is currently competing with Microsoft and Google in the generative AI market, and has touted its Q chatbot as more secure than consumer-grade tools like ChatGPT. An Amazon spokesperson said that no security issue has been identified and that the company will "continue to tune Q as it transitions from being a product in preview to being generally available."
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Source: Platformer