Happy Tuesday!

After endless talk about the dangers of AI, Big Tech is finally committing to safety standards.

Let’s get into it.

In today’s AI rundown:

• 🔒 Big Tech promises AI safeguards

• 📱 Bing Chat is coming to Chrome and Safari

• 🪙 OpenAI CEO launches cryptocurrency

• 🛠️ 6 New AI tools and 3 quick hits

Read time: 3 minutes

LATEST DEVELOPMENTS

BIDEN ADMINISTRATION

🔒 Big Tech promises AI safeguards

Image source: Adam Schultz, Alamy Stock

The Rundown: Under pressure from the Biden Administration, major AI companies like Amazon, Google, and Microsoft committed to implementing safety standards in response to the growing concerns about AI.

Key points:

• The commitment comes after concerns over potential threats AI technology poses, including OpenAI's ChatGPT investigation.

• The companies will conduct internal and external security testing, share information on managing AI risks, invest in cybersecurity, and prioritize research on AI's societal risks.

• The move aims to ensure responsible use and governance of AI amid the rapid development and rollout of the technology.

Why it matters: There’s been a lot of talk, too much talk, on the potential dangers of AI. It’s great to see all the major tech players come together and pledge for AI safety.

TOGETHER WITH HOPPY COPPY

🗞️ Create image-rich newsletters with AI

The Rundown: Creating email newsletters takes hours of time. But now, you can create hyper-specific, image-rich newsletters instantly with AI.

With Hoppy Copy, you can:

• Get weekly ideas for engaging new content sections

• Generate on-brand copy and beautiful imagery for any industry or niche

• Monitor 1000s of competitors newsletters for inspiration

• It’s like if ChatGPT and Midjourney had a baby that could create emails.

Try it free today and create a newsletter your subscribers will love.

MICROSOFT

📱 Bing Chat is coming to Chrome and Safari

Image source: Bing Chat

The Rundown: Microsoft's Bing AI chatbot is currently being tested on Google Chrome and Safari browsers, expanding access beyond its initial availability on Edge.

Details:

• Some limitations on Chrome and Safari include a 2,000-word prompt limit and conversation reset after only five turns (almost unusable).

• Pop-ups prompt users to download Edge when using Bing Chat on Chrome.

• Dark mode has been introduced for Bing Chat but not fully rolled out yet.

Why it matters: Enabling Bing AI on Chrome while enforcing limitations and popups to download their free browser to disable limitations is a classic power move by Microsoft.

Turns out it’s hard to get users to download Edge when everyone has been on default mode on Chrome for so long.

OPENAI

🪙 OpenAI CEO launches cryptocurrency

Image source: CoinMarketCap

The Rundown: Open AI CEO Sam Altman just launched Worldcoin, a cryptocurrency aiming to create a globally-inclusive identity and financial network.

Details:

• Worldcoin aims to create a global identity network with a unique digital identity for individuals known as a World ID.

• The project aims to differentiate humans from AI and potentially lead to AI-funded universal basic income.

• The project faces criticism for alleged deceptive practices in some countries and challenges in the global regulatory climate for cryptocurrencies.

The relevance: Although not directly AI-related, Worldcoin’s design caters to a world where AI and humans have significant interdependence. The Altman is everywhere.

TRENDING TOOLS

☁️ RunDiffusion lets you run Stable Diffusion without running code*

✏️ FixMeBot makes your good writing great writing

📗 PDF to Chatbot turns any PDF into a fully-functioning chatbot

🌊 workstreams.ai automates workflows and manages tasks

🧠 MindStudio helps you build AI apps using no-code tools

🔎 Lyzr.ai allows you to analyze data without any code

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

QUICK HITS

❌ OpenAI quietly shuts down tool

OpenAI previously introduced an AI detection tool called AI Classifier to identify content created using AI. However, due to its low accuracy, the tool has been discontinued, and OpenAI is now exploring more effective methods to detect AI-generated content.

💼 Europe’s first company led by AI

UK-based HealthTech startup Hunna Technology, has introduced IndigoVX, the first-ever AI in europe to serve as a CEO of a company. Combining AI with human intelligence, the system operates as a supervised AI, collaborating with humans to make optimal business decisions.

🎙️ Chief of Innovation: “AI hype is driven by marketing”

In a recent interview, Duke professor and former FDIC's chief innovation officer, Sultan Meghji, cautioned about the AI hype, stating, "So much of AI right now is just driven by marketing teams and not actually by technologies, so I think it's not surprising at all that we're talking about the hype cycle."

SPONSOR US

🦾 Get your product in front of over 250k+ AI enthusiasts

Our newsletter is read by thousands of tech professionals, investors, engineers, managers, and business owners around the world. Learn more or get in touch today.

* This is sponsored content

THAT’S A WRAP

Share us with your friends, and get free resources!

You currently have {{rp_num_referrals}} referrals, only {{rp_num_referrals_until_next_milestone}} away from receiving {{rp_next_milestone_name}}.

View all our rewards here.

Copy and paste your personal link to share with others: {{rp_refer_url}}

If you have anything interesting to share, please reach out to us by sending us a DM on Twitter: @rowancheung & @therundownai

❤️ Rundown review of the day