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Tech

Reddit's IPO balancing act

Rowan Cheung • 4 minutes

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Welcome, Tech enthusiasts.

After years of speculation, Reddit has finally pulled back the curtain on its hotly-anticipated IPO.

The social media giant is looking to win over Wall Street while staying true to its loyal community — but can it strike the right balance? Let’s explore…


In today’s tech rundown:

  • Reddit unveils IPO details, $6.4B valuation

  • BMW’s 3D-printed spikes heading to Olympics

  • 7 New products

  • ‘Ready Player One’ debuts new metaverse

  • Tesla returns to court over Autopilot

  • X expanding to video streaming

Read time: 3 minutes

TODAY’S HEADLINES

REDDIT

💰 Reddit unveils IPO details, $6.4B valuation

Image source: Reddit

The Rundown: After a bumpy two-year journey, Reddit just unveiled the details of its highly anticipated initial public offering — aiming to raise at a $6.4B valuation while reserving a chunk of shares for its dedicated community.

The details:

  • Reddit and existing shareholders plan to sell 22M shares at $31-$34, with 8% of shares set aside for users, moderators, board members, and friends/family of employees.

  • Reddit's valuation target is far below the $10-15 billion range floated during the IPO frenzy of 2021.

  • Reddit is also banking on new revenue streams like allowing third parties to license its data to train AI models, which has already inked $203M so far.

Why it matters: With one of the most anticipated IPOs of the year, Reddit hopes its passionate (and often revolting) user base can rally alongside Wall Street. But given past drama and profitability concerns, the RDDT launch may be in for a wild ride.

TOGETHER WITH OCTOAI

Explore the evolution of LLMs with OctoAI Time Capsule

The Rundown: In the fast-paced world of AI, keeping up with the latest LLM releases is crucial for builders to deliver cutting-edge experiences and minimize costs.

With OctoAI’s new LLM Time Capsule, you can:

  • Witness the exponential growth of text-gen models, from 14,000 to 61,000 in just 8 months

  • Discover the rise of Mistral- and Mixtral-based fine-tunes as alternatives to GPT-3.5-Turbo

  • View the massive impact of model releases on the industry with a single toggle

Explore the LLM Time Capsule and sign up for OctoAI's GenAI Inference API to try fast and affordable versions of these models for free.

BMW

👟 BMW’s 3D-printed spikes heading to Olympics

Image source: BMW

The Rundown: BMW is partnering with the German Bobsleigh, Luge, and Skeleton Federation to design custom 3D-printed spike plates for bobsled shoes, aiming to give athletes a high-tech edge on the ice in the 2026 Winter Olympics.

The details:

  • BMW is 3D printing swappable spike plates tailored to each athlete's unique needs, as opposed to traditional fixed patterns that lack customization.

  • The design is based on 3D scans of the athlete’s shoes, with the material, geometry, and spike layouts tweaked for optimization at each position.

  • Initial World Cup trials have garnered positive feedback from athletes, with BMW looking to perfect the tech for the 2026 Olympics.

Why it matters: In the razor-thin margins of Olympic competition, BMW's high-tech spikes could provide the tiny advantage that pushes the German team to gold. The digitally tailored plates showcase how 3D printing is enabling previously impossible levels of athletic customization.

NEW PRODUCTS

⚙️ Merge- Automate building and maintaining product integrations for your startup

🖼️ Picurious- Turn photos into learning moments with instant answers, insights and questions about your images

🤖 AIChatbot- Instantly resolve support inquiries and customer service needs with an AI-powered chatbot

📶 Forescribe- Discover, optimize, and regulate your startup’s entire digital infrastructure

🫂 Rupt- Easily detect and convert account sharers into happy paying customers with unparalleled accuracy

🎨 Muse Pro- The ultimate AI-enhanced sketching and painting app

🧠 Second Brain Labs- Automate your sales, survey, and support at scale using AI

Browse the most popular tools ever featured with our tool database.

SNIPPETS

Samsung launched its new midrange lineup of 2024 Galaxy phones, featuring enhanced cameras, AI upgrades, and an expected $434 price point.

Readyverse Studios unveiled ‘The Readyverse’, a new interactive platform and metaverse from the creator of the sci-fi franchise ‘Ready Player One’.

X is reportedly planning to launch a video streaming platform available to watch on Samsung and Amazon Fire TVs, with Elon Musk tweeting the feature is ‘coming soon’.

Tesla is returning to court over a 2018 fatal crash involving its Autopilot system, with the plaintiff’s lawyers using a newly reported email to argue the company knew drivers would not watch the road when in-use.

Airbnb announced a new ban on indoor security cameras in listings starting April 30, attempting to prioritize guest privacy.

First Light Fusion set a new world record in the fusion energy sector, producing 4x the pressure found at the Earth’s core during a projectile launch.

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THAT’S A WRAP

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

AI

Apple's sleeping AI giant

Rowan Cheung • 5 minutes

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Welcome, AI enthusiasts.

The race for on-device AI is heating up, and Apple might just have the edge.

Siri’s co-creator just teased that a big year lies ahead for the voice assistant — hinting the tech giant may be (finally) gearing up for a major AI push. Let’s explore…


In today’s AI rundown:

  • Apple gears up for Siri AI push

  • OpenAI announces new board members

  • Access Anthropic’s free prompt library

  • How the community is using Claude 3

  • 7 new AI tools & 4 new AI jobs

  • More AI & tech news

Read time: 3 minutes

LATEST DEVELOPMENTS

APPLE

 🍎 Apple gears up for Siri AI push

Image source: Apple

The Rundown: Apple has been reserved about its AI ambitions, but the tech giant is now signaling that Siri is set for a major upgrade that could make it a formidable challenger to ChatGPT and Gemini in the AI assistant race.

The details:

  • Co-creator of Siri, Dag Kittlaus, tweeted that the assistant will do "cool new things" in 2024 and "accelerate and become a real force in the AI arena."

  • Apple has recently published several important AI research papers and has quietly acquired 21 AI-related startups since 2017.

  • An ‘AppleGPT’ LLM is rumored to be in development, with a Siri integration expected in June at the WWDC 2024 event.

  • The new M3 chip's ‘world's best consumer laptop for AI’ tag also suggests Apple has solved running AI models efficiently on-device.

Why it matters: Don't sleep on Apple's AI potential. While rivals rushed to capitalize on ChatGPT hype, Apple has been quietly building AI hardware and software foundations for its billion-plus devices. The race for on-device AI is still wide open — and Apple is still well-positioned to lead the pack.

TOGETHER WITH MASTERWORKS

💰 Harvard data scientist shocks investors

The AI revolution has already begun to rewire Wall Street, and its impact has been strongly felt in one growing market.

Thanks to a Harvard data scientist and his team, everyday people can now benefit from a previously “off-limits” investment.

The company that makes it possible is called Masterworks, whose platform enables savvy investors to invest in shares of blue-chip art.

Intrigued? The Rundown AI readers can skip the waitlist.

Past performance is not indicative of future returns. Investing involves risk. See Important disclosures at www.masterworks.com/cd.

OPENAI

💼 OpenAI announces new board members

Image source: Bloomberg

The Rundown: OpenAI just announced the addition of several board members and the reinstatement of CEO Sam Altman to his board seat, with the company looking to move past the turmoil of its November crisis.

The details:

  • The three additions are Former Gates Foundation CEO Sue Desmond-Hellmann, ex-Sony exec Nicole Seligman, and Instacart CEO Fidji Simo.

  • Altman also formally rejoins the board after an investigation cleared him of any misconduct warranting termination.

  • OpenAI said the new board will focus on overseeing its growth and "ensuring artificial general intelligence benefits all of humanity."

Why it matters: With the new board additions and formal clearance of Altman, OpenAI takes its most decisive step yet toward stabilizing leadership following the unexpected coup. All eyes now turn to the next OpenAI release— which Altman tweeted will be ‘worth the wait.’

AI TRAINING

📚 Access Anthropic’s free prompt library

The Rundown: In this tutorial, you will learn how to access, browse, and use Anthropic’s free prompt library — which contains hundreds of ready-to-use Claude prompts.

Step-by-step:

  1. Visit Claude’s Prompt Library.

  2. Browse and select a prompt that best suits your needs. Our favorites include Website Wizard, Excel Expert, Storytelling Sidekick, and Lesson Planner.

  3. These prompts work best when used with both a System and User prompt.

  4. If you’re not familiar, a System Prompt in Claude is similar to Custom Instructions for ChatGPT.

  5. You will need to copy and paste the prompts from the library to the Claude API Console to access System Prompts.

FROM THE COMMUNITY

🧐 How The Rundown community is using Claude 3

Image source: Anthropic

The Rundown: The recent release of Anthropic’s impressive new model has many users contemplating a switch over from ChatGPT. Here is how some of our readers are using Claude 3 following the upgrade:

  • Visual Reasoning: @gabchuayz uploaded an IKEA instruction manual, with Claude providing clear steps (and even recognizing model numbers).

  • Speed and Efficiency: @MichaelMidday utilized Opus for business emails and coding, noting better results and faster responses.

  • As a Therapist: @MichaelEllsberg fed Claude journal entries, finding the new model to be more subtle, warm, and less lifeless than ChatGPT.

  • Focused Responses: @sankedongre369 is using the model for content creation, research, and analysis, finding that its communication style and creativity is more advanced than competitors.

NEW TOOLS & JOBS

Trending AI Tools

  • 📈 Tapilo- The all-in-one LinkedIn tool to grow your personal brand. Let AI handle all your content needs*

  •  Questflow- Text-to-workflow platform for automating tasks

  • 👗 Kopia- Virtual try-on for clothing

  • 🔍 Hebbia- LLM platform for knowledge collaboration

  • 🎤 Dub AI- AI-powered voice cloning and translation

  • 🧘‍♀️ Vital AI- Personalized real-time meditations

  • 🦍 IdeaApe- AI market research for validating ideas

Browse more AI tools →

New AI Job Opportunities

  • 🎯 OpenAI - GTM Onboarding Manager

  • 📆 Anthropic- Program Manager, Organizational Effectiveness

  • 👨‍💻 Cohere- Senior ML Infrastructure Engineer

  • 🤗 Hugging Face- Machine Learning Engineer, Fast Optimized Inference

Browse more AI jobs →

*Sponsored listing

QUICK HITS

Pika Labs introduced a new ‘Sound Effects’ tool, enabling users to pair their generations with audio via prompts or automatically based on the content of the video.

Preemptive AI announced $6.4M in funding to develop AI models that interpret biomedical signals from smartphones and wearables to predict health events like strokes or heart attacks.

Nvidia is facing a class action lawsuit from authors alleging the company used their copyrighted books without permission to train its NeMo AI platform.

OpenAI CTO Mira Murati responded to a NYT report discussing her strained relationship with Sam Altman, saying the previous board was trying to ‘scapegoat’ her with misleading claims.

Italy’s Data Protection Authority has launched an investigation into OpenAI’s new Sora video generator, requesting clarifications on data processing, EU regulation compliance, and user age verification within 20 days.

Soul Machines unveiled an AI Marilyn Monroe chatbot, which can engage in real-time conversations with fans using the late actress’ voice, style, and emotions.

THAT’S A WRAP

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AI

Google's AI secrets stolen

Rowan Cheung • 5 minutes

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Welcome, AI enthusiasts.

A former Google engineer was just busted after stealing hundreds of AI secrets — while also discreetly operating for TWO Chinese AI startups.

The US-China AI rivalry has been simmering for years, but a shocking new case of espionage just brought the conflict right to Silicon Valley's doorstep. Let’s investigate…


In today’s AI rundown:

  • Google engineer steals AI secrets

  • Inflection upgrade nears GPT-4

  • Generate an AI song with just a prompt

  • Researchers create self-spreading AI malware

  • 6 new AI tools & 4 new AI jobs

  • More AI & tech news

Read time: 4 minutes

LATEST DEVELOPMENTS

GOOGLE

🚔 Google engineer steals AI secrets

Image source: LinkedIn screenshot

The Rundown: Federal prosecutors just charged an ex-Google engineer with stealing over 500 confidential files related to AI infrastructure while secretly working for two Chinese AI startups.

The details:

  • Linwei Ding worked on Google’s AI supercomputing systems and reportedly uploaded 2-years worth of data to his personal Google Cloud account.

  • He was secretly hired as CTO of a Beijing AI startup and founded his own Shanghai-based AI firm, hiding it all from Google.

  • Ding had a Google colleague scan his badge at Google’s U.S. office to make it look like he was there when he was actually in China.

  • Google grew suspicious and alerted the FBI, with Ding now facing up to 10 years in prison.

Why it matters: An insider heist of Google’s sensitive AI assets is an alarming wake-up call about China’s relentless campaign to chase down the U.S. AI tech advantage. This case is also, unfortunately, just a preview of the high-stakes espionage ahead in the battle for AI supremacy.

TOGETHER WITH BRAVE

🦁 Supercharge your AI with Brave Search API

The Rundown: Building the next great AI? Take it to the next level with Brave Search API:

  • Access an expansive index of 20 billion pages in a single call, with millions added daily

  • Enhance AI chatbots, train LLMs, and inform real-time queries with high-quality, human-interaction data

  • Enjoy an intuitive data structure at a fraction of Bing's cost

Your AI is nothing without a connection to the web  - Click here to get started with 2,000 free queries/month.

INFLECTION AI

📶 Inflection upgrade nears GPT-4

Image source: Inflection

The Rundown: Inflection just launched Inflection-2.5, a major upgrade to the model powering its Pi personal AI assistant — now capable of delivering near GPT-4 level performance.

The details:

  • Inflection-2.5 achieves 94% of GPT-4's performance across tasks, despite using just 40% of the training compute.

  • The upgrade displays major increases from Inflection-1 across the board, particularly in coding and mathematics.

  • Inflection noted major gains in user engagement, boasting 6M monthly users and an average chat length of 33 minutes.

  • The chatbot also now incorporates real-time web search.

Why it matters: While Inflection’s unique value prop has always been the empathetic, personal nature of its chatbot — it now also gains capabilities to rival the top performers. With Claude 3’s release on Monday, and now Inflection 2.5, that marks two near GPT-4 models just this week!

AI TRAINING

🎵 Generate an AI song with just a prompt

The Rundown: In this tutorial, you will learn how to use AI to create a song for free in seconds by just describing it using Suno AI.

Step-by-step:

  1. Visit Suno AI and click the button “Make a Song” in the top right corner.

  2. Press “Create,” and sign up. You get 50 free credits (or 10 songs) that renew daily.

  3. Describe your desired song where it says: “Song Description” and click “Create”. You can also toggle “Custom Mode” for other settings, such as lyrics or music style.

  4. Wait a few seconds and enjoy your new AI-generated song!

AI RESEARCH

🦠 Researchers create self-spreading AI malware

Image source: Cornell and Israel IT

The Rundown: Cybersecurity researchers just developed the first known computer ‘worm’ designed to target and spread through interconnected AI ecosystems.

The details:

  • Morris II uses adversarial prompts to trick AI models into replicating malicious inputs/actions and spreading them to other AI agents.

  • Researchers successfully used the worm in experiments to steal sensitive data and send spam via AI email assistants.

  • The malware worked against OpenAI, Google, and open-source AI models in experiments.

  • It can also embed malicious prompts inside images to infect AI systems.

Why it matters: The integration of AI across industries has dramatically expanded the attack surface for malware like the worm in this study. With centralized AI models serving many downstream products, a single compromise could have severe ripple effects across countless systems.

NEW TOOLS & JOBS

Trending AI Tools

  • 📸 Lummi- The ultimate source for AI-generated stock photos

  • 📊 Reporfy- Create & share insightful AI-powered reports

  • 🤖 Aili- Web page summarization and collection

  • 🎧 Read This AI- Transform text into high-quality audio effortlessly

  • 🎥 Vmaker Video Editor- Turn raw video into publish-ready content

  • 🔍 Content & SEO GPT- Assess website usefulness, relevance, and quality

Browse more AI tools →

New AI Job Opportunities

  •  Anthropic - Crisis, Safety and Resiliency Lead

  • 🤖 Shield AI - Software Engineer, Embedded Avionics

  • 💻 C3 AI - Lead Software Engineer, Full Stack

  • 🤗 Hugging Face- Embodied Robotics Engineer

Browse more AI jobs →

QUICK HITS

Midjourney is reportedly banning all Stability AI employees indefinitely from the platform after an outage due to bot activity linked to paid accounts from the competitor trying to scrape data.

Salesforce announced new AI tools to help healthcare workers automate administrative tasks, aiming to reduce physician burnout.

A former Tesla and Optimus researcher announced that he has joined Hugging Face, building a team to create an open-source robotics project.

HP introduced a new portfolio of AI PCs alongside an AI Creation Center and a Nvidia co-engineered AI workstation to speed data processing.

Midjourney also announced the launch of v6 turbo, allowing users to create images at 3.5x the speed.

Redfin launched a new AI chatbot that answers purchase questions about for-sale homes, providing details on amenities, market conditions, and more.

Adobe Express released a new mobile app in beta for Android and iOS, featuring Adobe Firefly generative AI models and enhanced mobile editing capabilities.

THAT’S A WRAP

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AI

OpenAI reveals insider emails

Rowan Cheung • 5 minutes

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Welcome, AI enthusiasts.

The OpenAI vs. Elon Musk saga just took another twist — with Sam Altman, Ilya Sutskever (!) and co. pulling out email receipts to refute the billionaire's claims.

But if Musk's follow-up tweets are any indication, this fight is far from over. Let’s investigate…


In today’s AI rundown:

  • OpenAI fires back at Musk with receipts

  • Whistleblower sounds alarm on Copilot Designer

  • Run Google’s latest LLM on your phone

  • AI math tutor boosts performance in Ghana

  • 5 new AI tools & 4 new AI jobs

  • More AI & tech news

Read time: 4 minutes

LATEST DEVELOPMENTS

OPENAI

🧨 OpenAI fires back at Musk with receipts

Image source: OpenAI

The Rundown: OpenAI just punched back at former co-founder Elon Musk’s lawsuit, releasing a blog post containing a series of his own emails to refute claims that the company abandoned its original mission in pursuit of profits.

The details:

  • Emails show Musk urging OpenAI to raise at least $1B, pushing the nonprofit to find more financing to achieve its lofty AGI goals.

  • Musk also suggested in 2018 that Tesla should acquire OpenAI as "the only path" for the startup to stay relevant and beat Google.

  • Also of note is Ilya Sutskever, listed under the blog’s authors after being absent from public view since November’s drama.

  • Sutskever said in one email that the ‘Open’ in OpenAI refers to everyone benefitting from AI, not sharing the science — raising eyebrows in the open-source AI community.

  • Musk responded to the blog by tweeting that he would drop the lawsuit if the company changes its name to ‘ClosedAI’.

Why it matters: The drama surrounding OpenAI continues to be the best reality show in tech, and Elon’s latest cameo adds a whole new level of spiciness. While the emails tell another side of the story, Musk is not one to back down from a fight — meaning there are likely more fireworks to come.

TOGETHER WITH GALILEO

🪄 Join 9,000 AI builders at GenAI Productionize 2024

The Rundown: Learn how to build GenAI apps from top GenAI experts from LinkedIn, Google, Coinbase, Roblox and more.

At GenAI Productionize, you’ll learn:

  • The emerging enterprise GenAI stack, from orchestration to evaluation, inference, retrieval, and more

  • Practical hands-on architecture and tool insights

  • How organizations govern, evaluate, and monitor GenAI

Register for free! 

MICROSOFT

🚨 Whistleblower sounds alarm on Copilot Designer

Image source: Getty Images

The Rundown: A senior software engineer at Microsoft just escalated concerns to the FTC regarding Copilot Designer, warning the company is not doing enough to prevent the AI from generating harmful content.

The details:

  • Shane Jones discovered a vulnerability in OpenAI’s DALL-E (which powers Copilot Designer), allowing him to bypass content filters.

  • Jones said he urged the company to pull the product until more safeguards were in place, but was ignored.

  • In his letter, Jones alleges the tool depicts graphic violence, underage drug/alcohol use, political bias, copyright violations, and more.

Why it matters: This explosive complaint from within Microsoft's own ranks seriously undermines the tech giant's public commitment to "responsible AI" principles — while also suggesting profits may be trumping safety.

AI TRAINING

📱 Run Google’s latest LLM on your phone

The Rundown: In this tutorial, you will learn how to run Google’s latest Gemma 2B model on your phone, which offers privacy and access to it without an internet connection.

Step-by-step:

For iPhone users, there is currently a beta app.

  1. Click here, where you’ll be shown two steps. First, select step 1, “View on App Store,” and download Testflight.

  2. Go back to the website and click on step 2, “Start Testing” to install MLC-Chat.

  3. Once you install the app, press the “Cloud” icon next to the Gemma 2B model to download. You can also download and use other models such as Mistral 7B Instruct or Phi-2.

  4. Wait a few seconds, and you’ll be able to chat with it.

For Android users, you can find a demo app as well, where you will have to download the APK file.

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AI & EDUCATION

🧠 AI math tutor boosts performance in Ghana

Image source: University of Oxford

The Rundown: A new study in Ghana found that students who used Rori, an AI-powered chatbot math tutor, achieved significantly higher math scores compared to just regular math lessons.

The details:

  • Oxford researchers divided 1,000 students into two groups, with one using Rori for two sessions per week in addition to normal math lessons.

  • After 8 months, the Rori students had significantly higher math growth scores than the control group.

  • Rori works on mobile devices and low-bandwidth networks.

  • The projected cost per student is also just $10.

Why it matters: Massive improvements in student performance from a simple, low-cost AI intervention are an exciting example of the tech’s potential. AI may just be the turning point in unlocking world-class education for millions of disadvantaged students globally.

NEW TOOLS & JOBS

Trending AI Tools

  • 🔵 Circleback- Unbelievably good AI-written meeting notes and powerful automations with Notion, Slack, HubSpot, and more. Try for free.*

  • 💬 Chat with MLX- MacOS application for efficient document interaction

  • 👗 DeepFashion- Create personalized looks with AI-generated fashion images.

  • 🤖 Ema- A trusted AI employee automating complex workflows

  • 👀 Dopt- In-app assistant that unblocks users

Browse more AI tools →

New AI Job Opportunities

  • 💡 C3 AI - AI Solution Manager/Senior AI Solution Manager

  • 🧐 Anthropic- Policy Special Projects Lead

  • 🔧 Shield AI - Principal Software Engineer, Software Integration

  • 👥 Cohere- Partner Marketing Manager

Browse more AI jobs →

*Sponsored listing

QUICK HITS

Section is hosting a free workshop on AI for Personal Productivity on March 14. In two hours, learn to set up your "AI workspace," identify AI use cases, and build a habit that sticks. RSVP here.*

Palantir won a $178M contract from the U.S. Army to deliver 10 prototypes of the TITAN vehicle, which uses AI and data fusion to provide soldiers with advanced battlefield intelligence capabilities.

Amazon announced a $53M investment into Glacier, an AI startup working to improve recycling efficiency and reduce waste.

Google unveiled new changes to its search ranking algorithm to combat the rise of AI spam and reduce low-quality content in results by up to 40%.

Ebay is building its own LLM trained on its e-commerce data, with plans to double its GPU capacity over the next year.

Anthropic researcher Amanda Askell posted a breakdown of Claude’s system prompt, revealing a simple, concise structure with an August 2023 knowledge cutoff date.

Cohere announced a new partnership with Accenture, collaborating to accelerate enterprise adoption with customized AI solutions.

*Sponsored Listing

THAT’S A WRAP

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AI

U.S. tests ChatGPT for military strategy

Rowan Cheung • 5 minutes

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Welcome, AI enthusiasts.

The U.S. Army is reportedly testing AI chatbots such as GPT-4 (ChatGPT) as battle advisors in military strategy simulations.

But is the tech ready? Let’s get into it…


In today’s AI rundown:

  • U.S Army explores GPT-4 as a battle adviser

  • Stability AI drops 3D object generator

  • Comparing Claude 3 vs. ChatGPT

  • Trust in AI tumbles in new study

  • 6 new AI tools & 4 new AI jobs

  • More AI & tech news

Read time: 3 minutes

LATEST DEVELOPMENTS

MILITARY AI

🪖 U.S Army explores GPT-4 as a battle adviser

Image source: DALL-E 3

The Rundown: The US Army Research Lab is reportedly testing commercial AI chatbots like GPT-4 as battlefield planning assistants in war game simulations.

The details:

  • In an experiment, AI chatbots proposed battle plans for a war scenario in the game StarCraft II.

  • OpenAI's GPT-4 outperformed other AI models tested, though they were still imperfect.

  • The DoD has identified a whopping 180 possible military uses for AI, working with copmpanies like Palantir and Scale AI to integrate the tech.

  • Experts caution against using AI for military decisions, citing feasibility and ethical/bias concerns.

Why it matters: While AI’s integration in warfare is unavoidable, its use on the battlefield still raises troubling ethical and moral questions. But as the AI arms race heats up between global powers, the pressure to deploy the tech to gain a military advantage will only grow — whether or not it is truly ready for use.

TOGETHER WITH AE STUDIO

🧠 Stay ahead of the AI curve with AE Studio

The Rundown: Accelerate your company's success with AE Studio's proven approach to building high-impact custom software and AI solutions.

  • Turbocharge your product development and save hundreds of hours

  • Have industry experts build your custom software and AI solutions

  • Hire AE to pinpoint what you should be building and where to find ROI

Book your FREE strategy session with AE Studio today to learn more and see why AE is the go-to partner for startups and enterprise.

STABILITY AI

🧊 Stability AI drops rapid 3D object generator

Image source: Stability AI

The Rundown: Stability AI just partnered with Tripo AI to release TripoSR, a new state-of-the-art model that generates near-instant, high-quality 3D objects from a single image.

The details:

  • TripoSR uses an AI system with millions of parameters to analyze a 2D image and predict a 3D representation of the object.

  • The model was trained on a massive dataset of nearly 1M 3D objects, including both synthetic renderings and real-world captures.

  • TripoSR runs efficiently without requiring a high-end GPU, making it widely accessible for use in design, gaming, AR/VR, and beyond.

Why it matters: With its impressive speed and quality, TripoSR represents a major leap forward in AI-powered 3D creation. By enabling nearly instant generations from a single photo, the tech could revolutionize workflows and empower more creators to bring their visions to life in 3D. 

AI TRAINING

🥊 Comparing Claude 3 vs. ChatGPT

The Rundown: Anthropic just released Claude 3, setting new industry benchmarks across a wide range of tasks.

Here are a couple of tests we ran for Claude 3 (Opus) vs. ChatGPT (GPT-4):

  • Content writing: When asked the question, “Write a blog post about the benefits of traveling to other countries,” Claude responded more naturally and less robotically than ChatGPT.

  • Coding an app: When the task was to code a colorful currency converter app, Claude did a better job in following the instructions and making it colorful. ChatGPT’s app was functional but very plain.

  • Math: It’s well-known that LLMs are not good with prime numbers. Surprisingly, ChatGPT answered correctly when asked “Is 29593 a prime number?”, while Claude did not.

  • Creative writing: “Write ten sentences that end with ‘th’”. ChatGPT did 4 out of 10 correctly, while Claude got right 5 out of 10.

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AI RESEARCH

📉 Trust in AI tumbles in new study

Image source: Edelman

The Rundown: Trust in AI tool companies has dropped significantly worldwide in recent years, according to a newly released 2024 Trust Barometer study.

The details:

  • Responses show a stark 26-point gap between high trust in the overall tech industry (76%) and much lower trust in AI specifically (50%).

  • AI trust in the U.S. plummeted by 15 points from 2019 to just 35%, while global numbers fell 8 points to 53%.

  • AI concerns centered on privacy, devaluing humanity, societal harm, and lack of regulation — not job displacement as often assumed.

Why it matters: Despite AI accelerating faster than ever, the public’s trust in the industry is going in the complete opposite direction. How AI leaders respond and adapt to negative mainstream sentiment will shape the trajectory of mass adoption in the years ahead.

NEW TOOLS & JOBS

Trending AI Tools

  • 🚀 AI Studios- AI-driven content creation and video generation

  • 🤖 Exa- Link AI to the Internet for improved context awareness

  • 🔍 DATAKU- Advanced extraction and transformation of unstructured text data

  • 🎨 Outfit GPT- Revamp your style with personal fashion tips GPT

  • 📚 Reading Club- Bring children's stories to life with AI

  • 🎧 Listener.fm- Use AI to generate podcast titles, descriptions, and show notes in seconds

Browse more AI tools →

New AI Job Opportunities

  • 🕵️ Anthropic - Insider Risk and Intelligence Manager

  • 🌐 Shield AI - Principal Full-stack Software Engineer

  • 🔍 Open AI- Engineering Manager – API Capabilities

  • 🧑‍💼 Cohere- Senior Modelling Product Manager

Browse more AI jobs →

QUICK HITS

Microsoft filed a motion to dismiss the NYT’s copyright lawsuit against OpenAI, comparing the newspaper's arguments to failed attempts by Hollywood studios to prevent the introduction of VCR.

Alibaba led a $600M funding round for Chinese AI startup MiniMax, marking the e-commerce giant's second major AI investment in 2024.

Over 100 AI researchers signed an open letter urging AI companies like OpenAI, Meta, and Google to provide a legal and technical safe harbor for independent researchers to audit their systems.

Overjet announced a $53.2M Series C round for its dental platform, which uses AI to analyze scans, notes, and audio for improved diagnosis and treatment.

U.K. doctors are using a new AI tool that can predict kidney failure six times faster than human analysts, potentially enabling faster interventions and better patient outcomes.

AMD is reportedly facing a hurdle from the U.S. government in selling an AI chip tailored to the Chinese market, with officials deeming it too powerful and requiring an export license.

THAT’S A WRAP

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AI

Claude 3 beats GPT-4!

Rowan Cheung • 5 minutes

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Welcome, AI enthusiasts.

Move over, ChatGPT and Gemini — there’s a new AI powerhouse in town.

Anthropic just dropped Claude 3, surpassing both GPT-4 AND Gemini Ultra across benchmarks. The AI race just accelerated to the next level…


In today’s AI rundown:

  • Anthropic releases Claude 3 and new benchmarks

  • Madonna adopts Runway for visuals

  • Create realistic AI images with legible text

  • New AI app tackles ear infection diagnosis

  • 5 new AI tools & 4 new AI jobs

  • More AI & tech news

Read time: 4 minutes

LATEST DEVELOPMENTS

ANTHROPIC

🏆 Anthropic releases Claude 3 and new benchmarks

Image source: Anthropic

The Rundown: Anthropic just announced the release of its next-generation Claude 3 model family, with the top-tier ‘Opus’ version outperforming top models like GPT-4 and Gemini Ultra across major benchmarks.

The details:

  • The Claude 3 lineup consists of Opus, Sonnet, and Haiku, each offering different levels of capability, speed, and cost.

  • Opus outperforms GPT-4 and Gemini Ultra on benchmarks, including expert knowledge, reasoning, coding, and mathematics.

  • Claude 3 also claims new vision capabilities on par with leading models like GPT-4V.

  • Opus displays a near-perfect 99% recall ability on processing long context prompts.

  • All three models boast a 200k context window (with the ability to handle as high as 1M).

  • Claude has removed the waitlist for API usage, allowing builders to immediately integrate the enhanced new models.

Why it matters: Gemini and ChatGPT may have gotten all the headlines in 2024, but Claude just came out of nowhere to claim the top of the AI benchmark leaderboards. We’ll be sharing the results from The Rundown’s Claude 3 vs. GPT-4 tests shortly — stay tuned!

You can try Claude 3 or access the API here.

TOGETHER WITH OCTOAI

📈 Explore the evolution of LLMs with OctoAI

The Rundown: In the fast-paced world of AI, keeping up with the latest LLM releases is crucial for builders to deliver cutting-edge experiences and minimize costs.

With OctoAI’s new LLM Time Capsule, you can:

  • Witness the exponential growth of text-gen models, from 14,000 to 61,000 in just 8 months

  • Discover the rise of Mistral- and Mixtral-based fine-tunes as alternatives to GPT-3.5-Turbo

  • View the massive impact of model releases on the industry with a single toggle

Explore the LLM Time Capsule and sign up for OctoAI's GenAI Inference API to try fast, affordable versions of these models for FREE.

ENTERTAINMENT & AI

⭐️ Madonna adopts Runway for visuals

Image source: SportsGuru1905 on YouTube

The Rundown: Pop icon Madonna has become an early adopter of AI-generated video technology, reportedly leveraging Runway’s platform to create visual effects for her ongoing Celebration Tour.

The details:

  • Madonna's team experimented with AI text-to-video to generate moving images for her performance of "La Isla Bonita."

  • The AI-generated visuals replaced earlier CGI attempts that were deemed "bland and cheesy".

  • Runway CEO Cristobal Valenzuela said that musicians A$AP Rocky, Kanye West, and Slash have also utilized Runway.

Why it matters: Between Runway’s growing adoption and Sora’s viral teasers, the AI video wave is coming fast. And while initial sentiment was overwhelmingly negative towards AI, some artists seem to be coming around to the idea of AI as a tool rather than a replacement.

AI TRAINING

🖼️ Create realistic AI images with legible text

The Rundown: In this tutorial, you will learn to use AI to create photorealistic images containing legible text using Ideogram’s free text-to-image generator.

Step-by-step:

  1. Visit Ideogram. You can create 25 free images a day.

  2. Enter your prompt where it says: “Describe what you want to see here”. You can also use Magic Prompt to let AI rewrite your prompt.

  3. Select the style that closely matches your desired AI image and choose your preferred dimensions.

  4. Click “Generate” and observe 4 different images come to life in a few seconds!

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  • How organizations govern, evaluate, and monitor GenAI

  • Practical hands-on architecture and tool insights

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AI RESEARCH

👂 New AI app tackles ear infection diagnosis

Image source: DALL-E 3

The Rundown: Researchers at UPMC and the University of Pittsburgh just developed a smartphone app that uses AI to accurately diagnose ear infections in children.

The details:

  • The AI tool analyzes short videos of the eardrum captured by a smartphone-connected otoscope.

  • The researchers trained two AI models using a library of 1,151 annotated videos from 635 children.

  • Both models demonstrated high accuracy, with sensitivity and specificity values exceeding 93%, outperforming human clinicians.

Why it matters: By providing a simple, effective solution for accurately diagnosing ear infections, this AI-powered app could be a game-changer in primary care settings — with the potential to better guide treatment decisions, help reduce antibiotic overuse, and expand access to care.

NEW TOOLS & JOBS

Trending AI Tools

  • 📊 Osum - Perform deep market research in seconds: Try free (Use checkout code RUNDOWN for lifetime 25% off)*

  • 🎧 PodBravo- Boost podcast production with automated content creation

  • 🤖 Click AI- Automate your workflow with maintenance-free QA automation

  • 📄 Cover Letter GPT- Boost job application success with tailored cover letters

  • 🎥 Dopplio- Personalize videos with AI for cold-outreach prospect engagement

Browse more AI tools →

New AI Job Opportunities

  • 🧑‍💼 Cohere - Recruiting Operations PM

  • 💰 Anthropic - Senior Revenue Accountant

  • 👮 C3 AI - General Manager, C3 AI Defense and Intelligence

  • 📊 Synthesia - Senior/Tech Lead – DataOps Engineer

Browse more AI jobs →

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QUICK HITS

OpenAI signed an open letter from SV Angel venture capitalist Ron Conway pushing for building AI responsibly, which comes just days after Elon Musk’s lawsuit against the company for abandoning its mission for profits.

Wix unveiled a new AI-powered builder that generates a functioning website in seconds based on user prompts, including text, images, and design elements.

India issued new guidelines requiring tech platforms to seek government approval before launching new AI offerings, with the policy shift raising concerns about stifling AI innovation in the country.

AI chatbots from TurboTax and H&R Block were shown to give misleading or incorrect answers almost 50% of the time in tests from the Washington Post.

OpenAI also officially rolled out its new ‘Read Aloud’ feature (we covered it yesterday), allowing ChatGPT to read its generated answers using customizable AI voices.

China is reportedly offering "computing vouchers" worth up to $280,000 to small AI startups to help cover increasing data center costs and compete with tech giants amid an AI chip shortage and U.S. restrictions.

THAT’S A WRAP

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Tech

Former Twitter execs sue Elon Musk...

Rowan Cheung • 4 minutes

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Welcome, Tech enthusiasts.

Elon Musk is facing a new legal battle, this time from Twitter's former top employees seeking over a whopping $128M in severance pay.

Will the billionaire’s legal team ever catch a break? Let’s get into it…


In today’s tech rundown:

  • Former Twitter execs sue Elon Musk

  • AI replaces 700 customer service reps

  • 8 New products

  • Google co-founder makes a rare appearance

  • Instagram rolls out new DM feature

  • Apple launches new M3 MacBook Airs

Read time: 3 minutes

TODAY’S HEADLINES

ELON MUSK

🐦 Former Twitter execs sue Elon Musk

Image source: Kirsty Wigglesworth

The Rundown: Four former top Twitter executives, including the ex-CEO and CFO, are suing Elon Musk for allegedly failing to pay over $128 million in severance — claiming the billionaire fired them without cause.

The details:

  • The plaintiffs include former CEO Parag Agrawal, CFO Ned Segal, CLO Vijaya Gadde, and GC Sean Edgett.

  • Musk allegedly cited reasons like "gross negligence" for the firings, which the execs deny in the suit.

  • The former leaders say Musk has "special ire" toward them due to clashes during the acquisition process.

  • Severance amounts range from $6.8M to $57.4M per exec, with Agrawal seeking the largest sum.

Why it matters: Elon has had his fair share of lawsuits recently but this time, he’s on the receiving end. While the aggressive strategy towards rebranding the Twitter HQ culture and brand has seemingly been a success, the consequences continue to ripple on.

TOGETHER WITH OCTOAI

🤖 Explore the evolution of LLMs with OctoAI

The Rundown: In the fast-paced world of AI, keeping up with the latest LLM releases is crucial for builders to deliver cutting-edge experiences and minimize costs.

With OctoAI’s new LLM Time Capsule, you can:

  • Witness the exponential growth of text-gen models, from 14,000 to 61,000 in just 8 months

  • Discover the rise of Mistral- and Mixtral-based fine-tunes as alternatives to GPT-3.5-Turbo

  • View the massive impact of model releases on the industry with a single toggle

Explore the LLM Time Capsule and sign up for OctoAI's GenAI Inference API to try fast, affordable versions of these models for FREE.

KLARNA

📲 AI replaces 700 customer service reps

Image source: Klarna

The Rundown: Swedish Fintech giant Klarna released a blog praising the success of its OpenAI-powered customer service chatbot, which handled a whopping 2.3M conversations in the last month.

The details:

  • Klarna estimates the assistant will drive $40M in additional profit in 2024.

  • The chatbot finished the equivalent work of 700 full-time employees.

  • The average time to resolution dropped from 11 minutes to 2 minutes, with the bot available 24/7 and able to converse in over 35 languages.

  • The Swedish firm laid off 700 employees in 2022 and said it will no longer be hiring new staff outside of engineering due to AI.

Why it matters: Klarna’s eye-popping statistics are a likely indicator of where all customer service is heading. Which, despite profit gains and user satisfaction, will decimate a massive segment of workers. While AI’s unlocks are endless — they won’t come without a major reorganization of current labor.

NEW PRODUCTS

🎨 StickerBaker- Bake custom stickers instantly with AI-generated designs

📸 Instanice- Transform your photos with stunning aesthetic effects effortlessly

🖼️ Ideogram- Helps you create stunning, photorealistic images from text

🪄 Freepik Pikaso- Create and edit images in real-time through the power of simple drawing

🎮 Auxuman- Transform your ideas into video games

🎥 LTX Studio- AI filmmaking platform for creators, marketers, filmmakers and studios

🤳🏻 Cartoonifier- Transform your photos into whimsical cartoons

🎬 Videotok- Create AI-Powered TikTok, Reels, and Shorts Videos with Ease

Browse the most popular tools ever featured with our tool database.

SNIPPETS

Google co-founder Sergey Brin admitted in a rare public appearance that the company "definitely messed up" the launch of its Gemini image generation model, citing a lack of thorough testing.

Instagram rolled out the ability for users to edit their direct messages for up to 15 minutes after sending them, similar to Apple's iMessage edit feature.

Qatar unveiled a $100 million startup investment program through its development bank, aiming to attract seed and growth-stage tech companies to establish or expand operations in the country.

Apple launched its next-generation M3 MacBook Air range in 13-inch and 15-inch sizes, featuring faster CPU and GPU performance, an upgraded Neural Engine, and support for connecting two external displays.

HP debuted a new printer subscription service called HP All-In Plan, essentially renting printers to consumers for a monthly fee that includes ink refills.

California has given Waymo permission to expand its autonomous robo-taxi operations to highways in Los Angeles and the Bay area, now allowing the cars to drive at up to 65mph.

Apple CEO Tim Cook said the company expects to ‘break new ground’ in AI later this year during its annual shareholder meeting.

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AI

Elon Musk Vs. OpenAI

Rowan Cheung • 5 minutes

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Welcome, AI enthusiasts.

The latest lawsuit just got slammed on OpenAI’s doorway — this time from none other than its former co-founder, Elon Musk.

But does Elon know something that we don’t, or is just jealousy of OpenAI’s recent success? Let’s get into it…


In today’s AI rundown:

  • Elon Musk sues Sam Altman and OpenAI

  • ChatGPT quietly rolls out ‘Read Aloud’

  • Transform any picture into a sticker

  • Microsoft’s 70x more energy-efficient LLM

  • 7 new AI tools & 4 new AI jobs

  • More AI & tech news

Read time: 3 minutes

LATEST DEVELOPMENTS

OPENAI

😱 Elon Musk sues Sam Altman and OpenAI

Image source: Getty Images / Reuters

The Rundown: Elon Musk just sued OpenAI and CEO Sam Altman over claims that the AI firm abandoned its founding mission to benefit humanity in favor of profits with Microsoft.

The details:

  • The lawsuit claims OpenAI breached its nonprofit charter and licensing terms by keeping GPT-4 secret and proprietary.

  • Musk seeks to force OpenAI back to its original mission of developing open and safe AGI technology, which he believes has shifted since helping co-found the company in 2015.

  • Musk also believes the new board lacks the expertise to determine if breakthroughs like the rumored Q* system reach AGI.

  • The filing also highlights the complexity of OpenAI’s corporate structure, with 8 different sub-companies listed in the lawsuit.

Why it matters: Elon Musk's history with OpenAI adds a new layer of intrigue to the most captivating story in tech. While the lawsuit's outcome is uncertain, it is likely to uncover several mysteries surrounding OpenAI, including the departure of Ilya Sutskever, the Q* breakthrough, and more. Stay tuned…

TOGETHER WITH HUBSPOT

🔥 Empower your workflow with ChatGPT

The Rundown: With Hubspot’s free ChatGPT guide, you can learn real-world tips to boost productivity, automate tasks, and maximize AI’s potential in your work.

You’ll learn how to:

  • Enhance work efficiency and boost productivity with ChatGPT.

  • Apply ChatGPT to everyday work challenges with real-world applications.

  • Gain insights about generative AI’s impact on business and the future of work.

Download the guide for free.

CHATGPT

🗣️ ChatGPT quietly rolls out ‘Read Aloud’

Image source: @teddynae on X

The Rundown: A new ChatGPT feature called ‘Read Aloud‘ has been quietly rolling out to a select group of users on both mobile and desktop versions, with no official announcement from OpenAI.

The details:

  • Read Aloud allows ChatGPT to read the answers it generates aloud using an AI-generated voice.

  • Users can select and change the voice of ChatGPT in settings, with five options currently available: Ember, Breeze, Cove, Juniper, and Sky.

  • The rollout of Read Aloud appears to be limited to a small number of users, but we expect an official announcement and broader rollout shortly.

  • Images were obtained via direct message to our team from the user @TeddyNAE on X.

Why it matters: While ChatGPT's voice memo feature on its mobile app is a great conversational partner, it was lacking one important quality: the ability to respond via voice. The new feature will now allow ChatGPT to read messages it generates back to users — greatly increase accessibility to the tech.

AI TRAINING

🎨 Transform any picture into a sticker

The Rundown: In this tutorial, you will learn how to turn any image into a sticker, unlocking endless possibilities for customizing your digital and physical spaces.

Step-by-step:

  1. Visit the “face-to-sticker” model in Replicate. You can try it completely free.

  2. Select a good picture and upload it. Ideally, choose an image where there is enough contrast between a solid background and the main subject.

  3. Edit the prompt to closely match your chosen picture and play around with the different settings the model offers, e.g., width, height, seeds, or even upscale.

  4. Click “Run” and watch your image magically turn into a sticker 🎉

AI RESEARCH

🔋 Microsoft’s 70x more energy-efficient LLM

Image source: Microsoft Research

The Rundown: Microsoft Research just published a new paper titled “The Era of 1-bit LLMs”, introducing a new LLM variant breakthrough that’s just 1-bit in size, called BitNet b1.58.

The details:

  • BitNet b1.58 is a 1.58-bit LLM variant where every parameter is ternary {-1, 0, 1}.

  • The LLM variant matches the performance of full-precision (FP16) LLMs starting from a 3B size.

  • It’s a whopping 70x more energy efficient and 4x smaller than LLaMA LLM.

Why it matters: With energy consumption being a critical challenge in scaling LLMs, BitNet b1.58 demonstrates a new approach to enable wider deployment of AI systems while maintaining performance and dramatically improving energy efficiency.

NEW TOOLS & JOBS

Trending AI Tools

  • 🎓 WisdomPlan- AI-powered personalized learning for mastering any skill your way

  • 🎨 StickerBaker- Bake custom stickers instantly with AI-generated designs

  • 📸 Instanice- Transform your photos with stunning aesthetic effects effortlessly

  • 📊 Survicate- Reach actionable insights sooner with AI-powered surveys and analysis

  • 📈 Chart Analyst GPT- Analyze charts effortlessly with a powerful and educational solution

  • 🎙️Transistor- Quick and precise speech-to-text conversion for podcasts

Browse more AI tools →

New AI Job Opportunities

  • 💻 Cohere - Senior Full-Stack Software Engineer, Internal Tools

  • 🔧 OctoAI - Systems Administrator

  • 🧮 Anthropic - Senior Corporate Accountant

  • 🚀 Shield AI - Senior Engineer, DevEx

Browse more AI jobs →

QUICK HITS

Section is hosting a free, 1-hour event on The Executive's Guide to Generative AI. If you're a leader who needs to master your AI talk track and spur your organization into action, this is the event for you. RSVP here.*

OpenAI Sora’s latest AI video generation is going viral across all of social media (again) — with impressive generations now over sixty-seconds long.

Inflection AI released an Apple iMessages version of its conversational, friend-like chatbot, allowing you to text the personal AI on-the-go.

Dell Technologies stock shares soared over 34% over the past 5 days after beating earning expectations due to a significant rise in demand for AI servers.

California has given Waymo permission to expand its autonomous robo-taxi operations to highways in Los Angeles and the Bay area, now allowing the cars to drive at up to 65mph.

Groq, a popular AI chip startup, has acquired Definitive Intelligence to scale it’s cloud platform called GroqCloud that offers on-demand access to its AI chips.

Motorolla teased a new video of the company’s first AI-powered Android phone to challenge Samsung’s current ‘AI phone throne’.

*Sponsored listing

THAT’S A WRAP

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