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- Microsoft vs OpenAI? 🔥
Microsoft vs OpenAI? 🔥
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Gina Acosta
August 01, 2024
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Welcome to another edition of Horizon AI,
Microsoft's updated list of competitors now includes OpenAI, a long-term strategic partner.
Let’s get right into it!
Read Time: 4.0 min
Here's what's new today in the Horizon AI
Microsoft Declares OpenAI a Competitor in AI and Search 👀
European AI Act Comes Into Force
AI Tutorial: How to upscale your images with AI
AI Tools to check out
The Latest in AI and Tech 💡
AI Findings/Resources
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AI News
MICROSOFT
Microsoft Declares OpenAI a Competitor in AI and Search 👀
Microsoft's relationship with OpenAI has taken a new turn. Microsoft has officially added OpenAI to its list of competitors. This comes shortly after OpenAI announced a new search engine prototype.
Details:
Microsoft identified OpenAI as a competitor in AI offerings and in search and news advertising in the company’s latest annual report. This list has for years included companies like Amazon, Apple, Google, and Meta.
Microsoft has invested around $13 billion in OpenAI, making it the startup's largest investor.
An OpenAI spokesperson stated that competition has always been a part of their partnership and that the relationship remains strong.
Still, it seems the relationship between the two companies will continue to evolve as both explore overlapping territories.
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AI REGULATION
European AI Act Comes Into Force
The European Union’s AI Act has officially come into effect as of August 1, 2024. This regulation introduces a risk-based framework for AI applications to ensure transparency, accountability, and safety across the bloc.
Details:
The AI Act includes several compliance deadlines, with the first major one being six months from now. This deadline will enforce bans on certain uses of AI, such as remote biometric identification in public spaces by law enforcement.
AI applications are classified into three tiers: low/no-risk (exempt from the regulation), high-risk (subject to stringent compliance measures including pre-market conformity assessments and potential audits), and limited risk (requiring transparency measures to ensure users are not deceived).
Violations will incur fines based on the severity of the breach: up to 7% of global annual turnover for banned applications, 3% for other obligations, and 1.5% for providing incorrect information to regulators.
Some specifics are still being finalized, and it will be some time before the more substantive rules take effect, with most of the Act not taking effect for another two years. For more detailed information, you can visit the post on the EU’s official website.
AI Tutorial
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AI Tools to check out
🎓 ConsensusGPT: Search 200M academic papers from Consensus, get science-based answers, and draft content with accurate citations.
⚡ Lando: Generate a landing page for your app in 30 secs with AI.
🚀 Mixo: Launch a website in seconds with AI.
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AI Findings/Resources
🗣 ChatGPT advanced voice mode needs to catch its breath like a human
🦾 Top 7 generative AI use cases for business
🤖 What you need to know about autonomous AI agents.
💡 The last 6 decades of AI — and what comes next.
The latest in AI and Tech
Argentina's President Javier Milei has established the Artificial Intelligence Applied to Security Unit to use AI for predicting future crimes. This initiative will use machine-learning algorithms, facial recognition, social media monitoring, and real-time camera analysis to “detect potential threats, identify movements of criminal groups or anticipate disturbances.”
The plan has raised concerns about potentially infringing on citizens' rights and has drawn comparisons to the movie Minority Report
Taco Bell's parent company, Yum! Brands, plans to expand its "Voice AI" technology to hundreds of U.S. drive-thru locations by the end of 2024. Already tested in over 100 locations, this AI aims to streamline ordering, improve accuracy, and reduce wait times.
Google has introduced Gemma 2 2B, a compact AI model with 2.6 billion parameters that rivals larger models like OpenAI's GPT-3.5 and Mistral AI's Mixtral 8x7B.
San Francisco-based startup Ema has raised an additional $36 million in a Series A round led by Accel and Section 32, bringing its total funding to $61 million. Ema will use the funds to enhance its technology, allowing companies to deploy no-code AI agents capable of handling a wide range of tasks.
That’s a wrap!
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Gina 👩🏻💻