G’day Humans!

A wide range of news stories covering everything from increased competition in AI to robots at an upcoming government summit.

Just another day in the world of AI.

In today’s AI rundown:

• 🧠 Baidu's ERNIE 3.5 outshines GPT-4

• 💵 Reka ready to roll with $58 million

• 🦾 UN summit to welcome 50+ robots

• 🛠️ 5 New AI tools and 3 quick hits

Read time: 3 minutes

LATEST DEVELOPMENTS

BAIDU

🧠 Baidu's ERNIE 3.5 outshines GPT-4

Source: Reuters

Baidu's just introduced ERNIE 3.5, which trounces GPT-4 in Chinese language tasks and dramatically boosts inference throughput by an astonishing 17-fold compared to ERNIE 3.0.

The model's fresh "plugin" feature promises real-time info generation and enhanced text summarization. That’s in addition to a commitment to open the plugin ecosystem to third-party developers.

According to Dr. Haifeng Wang, CTO of Baidu, “Any applications involving language, text, or code can potentially utilize ERNIE Bot.”

One thing is clear: Baidu's ERNIE 3.5 is gunning for AI domination.

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REKA

💵 Reka ready to roll with $58 million

Source: Reka

Reka, a startup born out of DeepMind, Google, Baidu, and Meta, comes out of nowhere and raises a cool $58 million (led by DST Global Partners and founding investor Radical Ventures) to redefine task-specific large language models (LLMs).

Its flagship product, Yasa, is an easily-customizable multimodal AI assistant, proving that in the AI landscape, personalization is no longer a luxury but a necessity.

Reka founder Dani Yogatama said that Yasa, which is in closed beta, can be easily personalized to proprietary data and applications.

What do you think? Are you bullish on Reka’s future?

UN SUMMIT

🦾 UN summit to welcome 50+ robots

Source: The Next Web

Next week, the United Nations is set to host a summit in Geneva where top-tier tech gurus like futurist Ray Kurzweil and DeepMind's COO, Lila Ibrahim, will discuss AI for good.

But it's not just the human attendees making headlines — over 50 robots, primarily from Europe, will be rubbing elbows (or gears) with these tech luminaries.

Expect your dreams (and nightmares) to be populated by this mechanized entourage, but for now, click the link above to learn more about the robots in attendance.

Buckle up, because it looks like the UN is about to become the 'United Robots'.

TRENDING TOOLS

🔀 theGist combines all of your work apps in a single AI-powered workspace

🦄 Unicorn Platform builds modern landing pages for busy creative professionals

✉️ Klenty crafts entire sequences of personalized emails, LinkedIn messages and call scripts for you

💪 Body Scan turns your body data into a fitness plan

🦢 Swantide customizes and manages your CRM without the traditional stress

🔮 Supertools organizes 100’s of AI tools for you in one spot

QUICK HITS

🚜 AI comes to the farm

Eliminating weeds can be a tedious, time-consuming, and costly task for farmers. LaserWeeder from Carbon Robotics is capable of eliminating over 200,000 weeds per hour at an 80% cost savings. The AI-powered machine does the equivalent work of about 70 people.

🛒 Grocers plan to spend big on AI

Grocers expect to increase their AI spending by 400% before 2025. The technology is expected to deliver $113 billion in operational efficiency and new revenue opportunities within that time span.

💰 Guardian AI: Google's anti-money laundering solution

Google Cloud has a new artificial intelligence tool that prevents money laundering for banks. It provides a consolidated machine learning-generated customer risk score as an alternative to rules-based transaction alerting.

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THAT’S A WRAP

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