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AI Insights & Investments: Today's Highlights
Key updates on AI advancements, challenges, and industry shifts.
Stephen Wolfram on AI's potential, new funding trends, and Europe's rise in the AI landscape.
Welcome to PlugAI daily AI updates!
Today’s News: Stephen Wolfram discusses AI and consciousness, VCs increasingly use SPVs to fund AI startups, and Europe is emerging as a leader in AI funding.
Why AI Can’t Spell ‘Strawberry’
AI models like GPT-4o can handle complex tasks but often stumble on simple ones. For example, they may incorrectly count letters in words like “strawberry.” This happens because AI models break text into tokens rather than understanding individual letters, highlighting their limitations and reminding us they don’t think like humans.
The Debate Over Open Source AI
Open source AI aims to break free from the control of big tech companies, but it faces significant challenges. At TechCrunch Disrupt 2024, experts from Hugging Face and AI2 will discuss the barriers to creating accessible, open AI systems, exploring the complexities of funding, transparency, and resource requirements.
Inflection Limits Free Access to AI Chatbot Pi
Inflection is capping free access to its AI chatbot, Pi, and allowing users to export conversations as it shifts focus to enterprise products. The company is responding to resource constraints and is considering offering API access to organizations looking to integrate AI into their own systems.
San Francisco’s AI Startup Boom
San Francisco remains a hub for tech talent and investor money, attracting even international founders. The city’s concentration of AI startups, networking opportunities, and events make it a prime location for entrepreneurs looking to grow their businesses, despite the rise of tech communities in other cities like New York and Paris.
Quick Recap
Today’s AI news highlights a mix of progress and challenges. While AI models show limitations in basic language tasks, experts are debating the feasibility of open source AI in a landscape dominated by tech giants. Inflection is pivoting from consumer-facing AI chatbots to enterprise products, and San Francisco continues to attract AI talent and startups, reaffirming its status as the tech capital.
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