Runway, the buzzy AI startup, announces $100 million Series D funding at a $1.5 billion valuation from a cloud provider. Their creative and determined founders previously raised $100 million from venture capital firms to make revolutionary products. They are determined to make the most of their resources with their innovative approach.
ChatGPT, OpenAI's most advanced Artificial Intelligence language model, is stirring reservations from its potential to aid students in cheating in academics. A recent study examined its capability in solving math tasks compared to accounting students. The results revealed a gap between the AI language model's abilities and the actual students' aptitude with ChatGPT only scoring 47.4% on the tests. Explore more in this article to understand AGI, OpenAI's purpose and David Wood's findings with ChatGPT.
Mira Murati, CTO of OpenAI, has highlighted the need for government involvement in AI research. She noted the need for safety standards to be set for the application of AI models like ChatGPT & indicated that a proposed 6-month halt would not be helpful. Murati's expertise in AI, from Google to Stanford to Lux Capital, positions her as a trusted leader in the field.
Microsoft is constantly improving their Bing AI chatbot, deploying updates such as news-related self-improvement, LaTeX markup support, and better resilience against user frustrations like freezing or abrupt endings. The latest updates add more accuracy and convenience to the user experience and make the AI smart enough to stand up to other similarly-powered bots like Google's BARDS. Thanks to feedback, Microsoft is ensuring their chatbot keeps getting smarter!
. OpenAI's ChatGPT technology has amazed the world with its capabilities since its launch in November 2020. In a study conducted by Brigham Young University and published in the American Accounting Association journal, its potential was tested with accounting paperwork. ChatGPT scored an impressive 47.7%, but still lagged behind the students average of 76.7%. ChatGPT was tested on tax, audit, management and financial evaluation and even exceeded the student average for accounting data systems and auditing with 11.3%. Despite these successes, it failed to overcome mathematics-oriented tasks. Professor David Wood from Brigham Young University has expressed concern with it being used for cheating, but also believes it can improve the learning progress of students and faculty in educational institutions.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?