Meet Grok 👋🤖

...Elon Musk's new AI chatbot, and ChatGPT competitor?...

Author

Lavena Xu-Johnson
November 06, 2023

Hello. X is creating an inactive handle marketplace and is soliciting buyers to purchase account names for up to $50,000, report says.

— Lavena Xu-Johnson

⏰ Top 5 Headlines

🔗Link: Biden's AI chief says 'voice cloning' is what keeps him up at night.

🔗Link: Beijing sees Ant as partial antidote to US antagonism.

🔗Link: German giants pour over $500 million into AI startup Aleph Alpha.

🔗Link: Microsoft is bringing AI characters to Xbox.

🔗Link: ChatGPT subscribers may get a ‘GPT builder’ option soon.

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💬 Deeper Dives

Elon Musk's AI Chatbot

Elon Musk's xAI start-up, backed by the billionaire, has unveiled "Grok," an AI chatbot closely integrated with his social media platform X. Grok distinguishes itself by offering real-time access to X's data, making it a formidable competitor to established models.

Grok is characterized by its humorous and sarcastic responses, a feature intended to set it apart in a crowded market of generative AI chatbots. It also claims to answer provocative questions that most other AI systems would reject.

While xAI's rapid development of Grok is impressive, it faces competition from companies like OpenAI and Meta, which have released advanced AI models. Concerns about biases and the potential for spreading harmful or false information have also been raised, given Musk's approach of making the chatbot less politically correct. (Read more: FT)

EY report sheds new light on global AI regulatory landscape

EY's recent report sheds light on the global AI regulatory landscape, emphasizing the need to monitor and regulate AI risks while harnessing its potential.

Major jurisdictions, including the EU and China, have taken proactive stances in regulating AI, while the US has recently adopted a more comprehensive approach through President Biden's executive order.

The dynamic nature of the global AI regulatory landscape calls for ongoing engagement among government officials, corporate executives, and stakeholders to strike the right balance between regulation and innovation, making EY's report an essential resource for navigating the evolving AI policy landscape. (Read more: EY)

What is the ROI for AI?

Microsoft's commissioned study with IDC reveals that for every $1 invested in AI, companies see an average return of $3.5, with leading adopters realizing $8 in return.

71% of surveyed business leaders responsible for AI adoption are already using AI, and 92% of them report AI deployments taking 12 months or less.

AI is used for various purposes, including accelerating marketing through copy generation, running simulations on factory floors, and automating tasks that were burdensome on operating expenses and workflows.

A case study in healthcare demonstrates AI's impact, where Microsoft's Nuance DAX Copilot saves physicians up to 40 minutes per day, improves documentation, and enhances patient care.

CFOs are advised to identify business areas that burden the top line and apply AI technologies to address these issues, such as detecting anomalies on a factory floor. (Read more: Fortune)

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Sextortion is increasing amid rise in AI-generated nudes

The number of fake nudes on the top 10 websites that host AI-generated porn has increased by 290 percent since 2018, according to a recent report by The Washington Post, alongside a 149 percent rise in reported “sextortion” victims since 2019.

It’s unclear how many sextortion images are AI-generated, but the tools to create these deepfakes are easy to use and access — and already creating a problem in high schools. (Read more: The Washington Post)

AI pioneer Kai-Fu Lee builds $1 billion startup in 8 months

In just eight months, Chinese startup 01.AI, led by AI pioneer Kai-Fu Lee, has become a unicorn with a valuation exceeding $1 billion. Their open-source AI model, Yi-34B, outperforms Silicon Valley's best, including Meta's Llama 2. 01.AI plans to expand into tailored proprietary models for different industries. Despite geopolitical tensions, the company has secured advanced AI semiconductors. Lee's transition from venture capitalist to startup CEO showcases his dedication to advancing AI. (Read more: TC)

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