Microsoft, Google, OpenAI, Anthropic Unite for Safe AI Progress
Plus: Stability AI released SDXL 1.0, AWS prioritizing AI with new 2 updates.
Hello Engineering Leaders and AI Enthusiasts!
Welcome to the 72nd edition of The AI Edge newsletter. This edition brings you “Microsoft, Google, OpenAI, Anthropic Unite for Safe AI Progress”.
And sending a big thank you to our incredible readers! 😊
In today’s edition:
🤝Microsoft, Google, OpenAI, Anthropic Unite for Safe AI Progress
🆕 Stability AI released SDXL 1.0, featured on Amazon Bedrock
🎯 AWS prioritizing AI: 2 major updates
💡 Knowledge Nugget: Market Map: Gen AI Companies with Foundational Models by
Let’s go!
Microsoft, Google, OpenAI, Anthropic Unite for Safe AI Progress
Anthropic, Google, Microsoft, and OpenAI have jointly announced the establishment of the Frontier Model Forum, a new industry body to ensure the safe and responsible development of frontier AI systems.
The Forum aims to identify best practices for development and deployment, collaborate with various stakeholders, and support the development of applications that address societal challenges. It will leverage the expertise of its member companies to benefit the entire AI ecosystem by advancing technical evaluations, developing benchmarks, and creating a public library of solutions.
Why does this matter?
This joint announcement reflects the commitment of these tech giants to promote responsible AI development, benefiting the entire AI ecosystem through technical evaluations, industry standards, and shared knowledge.
Stability AI released SDXL 1.0, featured on Amazon Bedrock
Stability AI has announced the release of Stable Diffusion XL (SDXL) 1.0, its advanced text-to-image model. The model will be featured on Amazon Bedrock, providing access to foundation models from leading AI startups. SDXL 1.0 generates vibrant, accurate images with improved colors, contrast, lighting, and shadows. It is available through Stability AI's API, GitHub page, and consumer applications.
The model is also accessible on Amazon SageMaker JumpStart. Stability API's new fine-tuning beta feature allows users to specialize generation on specific subjects. SDXL 1.0 has one of the largest parameter counts and has been widely used by ClipDrop users and Stability AI's Discord community.
(Images created using Stable Diffusion XL 1.0, featured on Amazon Bedrock)
Why does this matter?
The release of SDXL 1.0 marks a significant milestone in the text-to-image model landscape. It is commercially available and open-source, making it a valuable asset for the AI community, offering various features and options that rival top-quality models like Midjourney's.
AWS prioritizing AI: 2 major updates!
2 important AI developments from AWS.
The first is the new healthcare-focused service: ‘HealthScribe.’ A platform that uses Gen AI to transcribe and analyze conversations between clinicians and patients. This AI-powered tool can create transcripts, extract details, and generate summaries that can be entered into electronic health record systems. The platform's ML models can convert the transcripts into patient notes, which can then be analyzed for insights.
HealthScribe also offers NLP capabilities to extract medical terms from conversations where the AI capabilities are powered by Bedrock. The platform is currently only available for general medicine and orthopedics.
The second one is about the new AI updates in Amazon QuickSight.
Users can generate visuals, fine-tune and format them using natural language instructions, and create calculations without specific syntax. The new features include an "Ask Q" option that allows users to describe the data they want to visualize, a "Build for me" option to edit elements of dashboards and reports, and the ability to create "Stories" that combine visuals and text-based analyses.
Why does this matter?
HealthScribe has the potential to transform healthcare delivery and improve patient care outcomes. Whereas the AI updates in QuickSight empower users to gain valuable insights from their data regardless of technical expertise and foster a data-driven decision-making culture across industries.
Knowledge Nugget: Market Map - Gen AI Companies with Foundational Models
In this article, the author
discusses the emerging market of Gen AI companies developing foundational models and aiming to revolutionize various sectors with innovative AI applications. OpenAI's GPT-4 and Google's PaLM2 are two notable examples, but there are many other companies focused on creating specialized AI models for different industries.
The market is rapidly growing, with over $1.7 billion in funding announced in Q1 of 2023. The article provides an overview of the largest gen AI companies at the beginning of July 2023 and highlights the excitement and potential of this evolving industry.
Why does this matter?
This article emphasizes that foundational AI models are just the beginning, and they can potentially transform multiple sectors and improve daily life for consumers and businesses alike. Understanding these trends will help in staying informed about the transformative capabilities of AI and how it can shape the future of work, creativity, and daily experiences.
What Else Is Happening❗
🤩 Just WOW to this amazing AI trailer made by Midjourney + Runway! (Link)
💡 NVIDIA H100 GPUs are currently accessible on the AWS Cloud. (Link)
🛡️ Finally! This tool can protect your pics from AI misuse! (Link)
🩺 AI trained to aid breast cancer detection. (Link)
💰 Protect AI secures $35M for AI and ML security expansion. (Link)
🛠️ Trending Tools
Icon AI: Generate, store, and share elegant icons for your projects with our AI Icon Generator.
SigniFi: A web3 DApp that combines AI, blockchain, and traditional divination culture for AI divination/fortune telling.
Chief AI Chat Data Scientist: Empower anyone to create advanced analytics with your Chief AI Chat Data Scientist.
ScorePlay: Automate content management and distribution for sports organizations with AI facial and text recognition.
Potato "Munger 3.0": Access AI’s second-order thinking capabilities with our meta-model “Munger” for investment ideas.
UserTale: Generate clear and concise user stories effortlessly with your AI writing assistant, UserTale.
LoginLlama: Enhance user trust and protect data with our AI-powered API that guards against suspicious logins.
Asqme AI: Transform text-heavy PDFs into an AI-enabled chatbot with our innovative SaaS platform, Asqme AI.
That's all for now!
Thanks for reading, and see you tomorrow. 😊