A Daily chronicle of AI Innovations June 06th 2024: š§Stability AIās sound generator creates drum beats and instrument riffs š¤xAI to build the gigafactory of compute šNew study reveals key findings on young peoplesā use of Gen AI šAI predicts nearly 1M new antibiotics šStability AI open audioā
A Daily chronicle of AI Innovations June 06th 2024:
š§ Stability AIās sound generator creates drum beats and instrument riffs
š¤ xAI to build the gigafactory of compute
š New study reveals key findings on young peoplesā use of Gen AI
š AI predicts nearly 1M new antibiotics
š Stability AI releases open audio model
š ļøMistralās new SDK simplifies customization for users
š¢Salesforce inaugurates its first AI Centre in London
šeBay unveils new AI-tool to enhance product image backdrops
š„Asana introduces AI teammates
šWriter launches a suite of No-Code development tools
š Nvidia is now more valuable than Apple
šØ Humane warns AI Pin owners to āimmediatelyā stop using its charging case
š® Elon Musk plans to build multibillion-dollar supercomputer
āļø Microsoftās āacquihireā of Inflection AIās staff probed by US regulators
Enjoying these daily updates, listen to our podcast at: https://podcasts.apple.com/ca/podcast/ai-unraveled-latest-ai-news-trends-gpt-gemini-generative/id1684415169
š§ Stability AIās sound generator creates drum beats and instrument riffs
Stability AIās Stable Audio Open can generate up to 47-second audio samples based on text descriptions. The open AI model is trained on data from 486,000 samples of royalty-free music samples. The tool enables users to generate drum beats, instrument riffs, and ambient sounds.
However, the AI model has its limitations.
- It is unable to produce full songs, melodies, or vocals.
- Its terms of service prohibit users from using Stable Audio Open commercially.
- Its training data is biased toward the English language and specific music styles.
Why does it matter?
The tool will enable creative users like sound designers, musicians, and developers to fine-tune the model to their own custom audio data, which is a major leap in the realm of generative AIās audio generation capabilities.
Source: https://stability.ai/news/introducing-stable-audio-open
š¤ xAI to build the gigafactory of compute
The AI startup seeks to build the worldās largest supercomputer in a multi-billion dollar project. The company plans to use this supercomputer to develop AI products, including its chatbot, Grok. The facility will be powered by Nvidiaās H100 GPUs. The project aims to be operational by fall 2025.
The project will reportedly use Nvidia AI chips originally intended for Tesla, raising concerns about conflicts of interest. Moreover, Musk hasnāt yet delivered Grok 2, an advanced AI model that he had promised in May.
Why does it matter?
The supercomputerās support for the development of Grok could become a groundbreaking advancement in the field of AI technology. Moreover, the project represents a multi-billion dollar investment that could create numerous job opportunities and boost the economy.
Source: https://memphischamber.com/velocity-meets-potency-xai-announces-memphis-as-new-home
š New study reveals key findings on young peoplesā use of Gen AI
The study directly involved young readers and examined the use of generative AI by use, ethnicity, age, gender, and LGBTQ+ identity. Key findings include:
- 50% of the survey respondents (aged 14ā22) have used generative AI. However, only 4% use it daily.
- For 53% of respondents, the use case for generative AI was obtaining information, while for 51%, it was brainstorming.
- Black young people are more likely to use generative AI compared to their white peers. Reasons include getting information, brainstorming ideas, and assistance with schoolwork.
- Young people of Latin origin are more likely than white people to use generative AI for multiple purposes, including image generation and getting help with their jobs.
- Out of respondents who have never used generative AI, 34% believed it would not be helpful.
- Among people never having used generative AI, LGBTQ+ young people are more likely to use it in comparison to cisgender and straight respondents.
- 41% of respondents believe that generative AI will have a positive as well as negative impact on their lives in the next 10 years.
Why does it matter?
Understanding the diverse ways in which the younger users engages with generative AI enables businesses to uncover trends and data-oriented insights to improve their AI models and deliver, user experiences that are responsive and inclusive.
š AI predicts nearly 1M new antibiotics
Researchers just published a new study detailing the use of AI to predict close to 1M new antibiotics hidden within tiny microbes all over the world, uncovering new potential treatments against bacteria and superbugs.
- Researchers used AI to analyze publicly available data on over 100,000 different genomes and meta-genomes.
- The AI then predicted which parts of the microbial genomes could potentially produce antibiotic compounds, generating a list of nearly one million candidates.
- 100 of the AI-predicted drug candidates were tested in the lab, with 79 of them being a potential antibiotic.
- The paperās author Cesar de la Fuente said the findings are āthe largest antibiotic discovery everā, accelerating the process from years to just hours.
As the world faces growing threats from antibiotic-resistant bacteria, AIās ability to unlock millions of new potential treatments could be a lifeline toward staying ahead in the race to outsmart superbugs responsible for millions of deaths every year.
Source: https://www.theguardian.com/society/article/2024/jun/05/ai-antibiotic-resistance
š§ Stability AIās sound generator creates drum beats and instrument riffs
- Stable Audio Open can create up to 47 seconds of high-quality audio from text prompts, focused primarily on sound effects and production elements.
- The model was trained on data from FreeSound and Free Music Archives to avoid copyright issues.
- Stable Audio Open can also be fine-tuned on custom audio, allowing artists to train the model on their own samples.
While the AI advances in text-to-image models have been the most visible (literally), both video and audio are about to take the same leap. Putting these tools in the hands of creatives will redefine traditional workflows ā from musicians brainstorming new beats to directors crafting sound effects for film and TV.
Source: https://stability.ai/news/introducing-stable-audio-open
New AI Job Opportunities on June 06th 2024
- Twelve Labs ā Head of Finance: https://jobs.therundown.ai/jobs/61919747-head-of-finance
- Fiddler AI ā Senior Security Engineer: https://jobs.therundown.ai/jobs/61902058-senior-security-engineer-remote-or-hybrid
- Siena ā Director of Customer Success: https://jobs.therundown.ai/jobs/61919768-director-of-customer-success
- Cresta ā Senior Software Engineer (AI Agent): https://jobs.therundown.ai/jobs/61882269-senior-software-engineer-ai-agent
What Else Is Happening in AI on June 06th 2024ā
š ļøMistralās new SDK simplifies customization for users
Mistralās SDK, Mistral-Finetune, will allow users to modify its models on workstations, servers, and small data center nodes. While optimized for multi-GPU setups, the SDK can also scale down to a single Nvidia A100 or H100 GPU. It enables developers to fine-tune data sets such as UltraChat within half an hour, says Mistral. (https://techcrunch.com/2024/06/05/mistral-launches-new-services-sdk-to-let-customers-fine-tune-its-models)
š¢Salesforce inaugurates its first AI Centre in London
The goal of the centre is to foster collaboration, AI training, upskilling, and create AI-related jobs among developers, industry experts, and customers. This step is a part of its Ā£4bn five-year investment in the UK, solidifying Londonās position as a global AI hub. (https://www.reuters.com/technology/salesforce-open-first-ai-centre-london-2024-06-06)
šeBay unveils new AI-tool to enhance product image backdrops
The tool, currently available for iOS users in the UK, USA, and Germany, automatically removes image backgrounds and allows users to replace them with AI-generated backdrops. The AI feature powered by Stable Diffusion will enable sellers to upload high-quality photos easily. (https://techcrunch.com/2024/06/05/ebay-ai-powered-background-enhancement-tool)
š„Asana introduces AI teammates
The platform leverages historical data based on parameters like skill sets and missing information, allowing teams to define tasks and get an overview of who is assigned which responsibility. The tool allows users to interact with it using an AI chat interface. (https://www.theverge.com/2024/6/5/24170480/asana-ai-teammate-workflow-assistant-chatbot)
šWriter launches a suite of No-Code development tools
The Gen AI platform announced major expansions that included Writer Framework ā a drag-and-drop tool that enables developers to connect pre-built UI components with generative AI to create custom AI applications. The tool additionally provides full flexibility to the underlying code. (https://venturebeat.com/ai/writer-launches-no-code-platform-and-framework-for-custom-enterprise-ai-applications)
Nvidia is now more valuable than Apple
- Nvidiaās market capitalization reached $3.01 trillion, surpassing Appleās $3 trillion and making it the second most valuable company globally.
- The chipmaker reported a significant profit of $14 billion in May, driven by high sales of its products, and its stock is priced above $1,220 per share with a planned split on June 7th.
- Nvidia dominates the AI chip market with 70 to 95 percent share and intends to release a new AI chip annually, starting with the Blackwell B200 GPU later this year.
- Source: https://www.theverge.com/2024/6/5/24172363/nvidia-apple-market-cap-valuation-trillion-ai
Humane warns AI Pin owners to āimmediatelyā stop using its charging case
- The company Humane has advised AI Pin users to āimmediatelyā cease using the charging case due to a potential fire risk linked to a third-party battery cell.
- Humane has terminated its relationship with the battery supplier and stated that the AI Pin, Battery Booster, and charging pad are not impacted by this issue.
- As compensation, Humane is offering two free months of its subscription service, but it has not yet confirmed if a replacement charging case will be provided.
- Source: https://www.theverge.com/2024/6/5/24172377/humane-ai-pin-battery-case-issue-warning
Microsoftās āacquihireā of Inflection AIās staff probed by US regulators
- The Federal Trade Commission is investigating a recent agreement between Microsoft and AI startup Inflection as US antitrust regulators intensify scrutiny of the booming artificial intelligence sector.
- The investigation will determine if Microsoftās investment in Inflection was an acquisition that should have been disclosed to the government, raising concerns about potential impacts on market competition.
- This probe is part of a broader initiative where the FTC and the Justice Department are finalizing an agreement to jointly oversee AI giants, aiming to prevent monopolistic practices and promote fair competition in the AI industry.
- Source: https://edition.cnn.com/2024/06/06/tech/ftc-microsofts-ai-investigation/index.html
