AI Pulse #19: Essential AI Secures $56.5M in Series A Funding, Israel Uses AI to Target Gaza: Just the Start, +MORE
Hello everyone! 👋 Welcome to Issue #19 of our newsletter, where we bring you the latest and most exciting developments in AI and technology. Get ready for an insightful read!
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Latest Funding News
In this edition, we delve into some groundbreaking stories in AI. Discover how Israel is using AI to locate targets in Gaza, a move that experts believe is just the beginning. In the world of AI funding, Essential AI has made a significant leap, raising $56.5M in Series A funding. And don’t miss out on this week’s AI Image of the Week. Join us as we explore these developments and more!
Latest Funding News
Top Trending AI News
JOHN MACDOUGALL/AFP via Getty Images
1. Israel Utilizes AI to Locate Gaza Targets, Experts Foresee Expanding Use
Publisher: NPR
Published: 12/14/2023
Israel’s military is using an AI system named “the Gospel” to rapidly identify targets in Gaza, raising concerns about civilian casualties.
TAKEAWAYS
1️⃣ Israel is using AI system to find targets in Gaza.
2️⃣ Critics warn it may justify killing civilians.
3️⃣ AI algorithms are flawed and unsafe, experts caution.
4️⃣ AI gives commanders an edge in warfare decision-making.
5️⃣ Israel’s AI system can generate targets at a rapid rate.
Mary Meisenzahl | Source: Insider
2. AI Drive-Thru Tech Firm Reliant on Human Workers for 70% of Orders
Publisher: Business Insider
Published: 12/11/2023
Presto Automations uses chatbots for drive-thru orders, but 70% of orders still need human help.
TAKEAWAYS
1️⃣ AI-powered chatbots take orders at drive-thrus, but 70% of orders still need human help.
2️⃣ The company initially claimed only 5% of orders required human intervention.
3️⃣ Presto Automations relies on “humans-in-the-loop” to assist AI in taking orders.
4️⃣ Increasing automation will boost profitability, but off-site workers are becoming more expensive.
5️⃣ Many US restaurant chains are using AI to take orders and reduce reliance on human labor.
Vertigo3d | Source: Getty Images
3. Mind-Reading AI Translates Brainwaves into Written Text
Publisher: New Scientist
Published: 12/12/2023
Scientists have developed a system that can convert brainwave recordings into written text, but its accuracy is still low.
TAKEAWAYS
1️⃣ AI translates brainwaves into written text.
2️⃣ Non-invasive, inexpensive, and portable technology.
3️⃣ Accuracy of approximately 40%, but improving.
4️⃣ EEG used instead of MRI for practicality.
5️⃣ DeWave model trained on brain signal examples.
4. Mapping the Rising AI Landscape
Publisher: HBR
Published: 12/12/2023
The emerging geography of AI will determine which countries lead in AI development, based on data, rules, and capital.
TAKEAWAYS
1️⃣ AI power centers shape applications, data, biases, and benefits.
2️⃣ U.S. and China rival for top AI economy, but other nations emerge.
3️⃣ Countries adopt different AI strategies and regulations.
4️⃣ Identifying AI-leading countries is complex due to cross-border cooperation and open-source models.
5️⃣ Pools of data, data governance, and capital are key drivers of AI development.
Andrew Medichini | Source: AP
5. Pope Urges AI Treaty to Prevent ‘Technological Dictatorship’
Publisher: CNN Tech
Published: 12/14/2023
Pope Francis calls for international treaty to regulate AI, warning of potential for “technological dictatorship” threatening peace and democracy.
TAKEAWAYS
1️⃣ Pope calls for international treaty to regulate AI.
2️⃣ AI could lead to a “technological dictatorship.”
3️⃣ Pope warns of AI weapons and election interference.
4️⃣ AI has potential for both opportunities and risks.
5️⃣ EU and US considering regulations on AI.
alengo | Source: Getty Images
6. DeepMind AI’s Fact-Checking Feature Unveils New Math Insights
Publisher: New Scientist
Published: 12/14/2023
DeepMind has developed an AI chatbot with a built-in fact-checker that can solve mathematical problems while filtering out mistakes.
TAKEAWAYS
1️⃣ DeepMind AI filters out mistakes to solve math problems.
2️⃣ DeepMind’s FunSearch AI generates new scientific knowledge.
3️⃣ FunSearch outperforms commonly used algorithms in bin-packing.
4️⃣ Researchers add fact-checking layer to rein in AI hallucinations.
5️⃣ AI-generated solutions surpass known solutions in cap set problem.
7. Intel CEO Takes Aim at Nvidia, Calls for an End to CUDA Dominance in AI Industry
Publisher: Tom’s Hardware
Published: 12/14/2023
Intel CEO criticizes Nvidia’s CUDA technology, emphasizes the importance of inference for AI, and intends to compete in the inference market.
TAKEAWAYS
1️⃣ Intel CEO criticizes Nvidia’s CUDA technology in AI.
2️⃣ Industry aims to replace CUDA with more open standards.
3️⃣ Intel emphasizes the importance of inference over training in AI.
4️⃣ Intel plans to compete in inference market with new technologies.
5️⃣ Intel pursues partnerships and commercial opportunities in AI.
Matt Winkelmeyer | Dropbox | Getty Images
8. Prevent Dropbox from Sharing Your Personal Files with OpenAI
Publisher: CNBC
Published: 12/13/2023
Dropbox’s AI tools may temporarily share user documents with OpenAI, raising privacy concerns.
TAKEAWAYS
1️⃣ Dropbox AI tools may share your files with OpenAI temporarily.
2️⃣ Even if you opt out, files shared with others using Dropbox AI can still go to OpenAI servers.
3️⃣ Dropbox needs OpenAI for chatbot services, but customer concern remains.
4️⃣ Dropbox AI data-sharing only happens when users actively engage with AI features.
5️⃣ Customer data is stored on OpenAI servers for up to 30 days.
9. Dictionary.com 2023 Word of the Year: AI’s Potential Mistake
Publisher: USA Today
Published: 12/12/2023
Dictionary.com has chosen “hallucinate” as its 2023 Word of the Year, reflecting the mysterious and limited nature of artificial intelligence, which can produce false information.
TAKEAWAYS
1️⃣ Dictionary.com’s 2023 Word of the Year is “hallucinate.”
2️⃣ The word refers to AI producing false information as if it were true.
3️⃣ The term originated in the 1970s to describe computer mistakes.
4️⃣ Dictionary.com’s choice reflects the messy nature of technology.
5️⃣ “Hallucinate” had a 46% increase in lookups this year.
LAUREN PETRACCA/BLOOMBERG NEWS
10. Microsoft Focuses on Nuclear Power for AI
Publisher: Wall Street Journal
Published: 12/12/2023
Microsoft plans to use nuclear power to meet its electricity needs for artificial intelligence and supercomputing, as the technology industry requires massive computing power.
TAKEAWAYS
1️⃣ Microsoft aims to use AI to expedite the nuclear regulatory process.
2️⃣ Tech industry’s power needs are enormous, especially for AI and supercomputing.
3️⃣ Nuclear power could help meet Microsoft’s massive electricity needs.
4️⃣ Nuclear power faces challenges competing with cheaper alternatives.
5️⃣ Despite challenges, there is a surge of interest in nuclear power in the U.S.
AI Image of the Week
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