Business and Enterprise: Week Ending 01/12/2024

January 12, 2024

Business/Enterprise

Bloomberg’s Specialist Finance GPT is Beaten by Generalist GPT-4

Remember BloombergGPT, which was a specially trained finance LLM that made a bunch of firms decide to train their own models? You may not have seen that GPT-4 8k, without specialized finance training or special tools, beat it on almost all finance tasks.

Remember BloombergGPT, which was a specially trained finance LLM that made a bunch of firms decide to train their own models?

You may not have seen that GPT-4 8k, without specialized finance training or special tools, beat it on almost all finance tasks. https://t.co/1HfX3JPoxL pic.twitter.com/sEuSkM6S8h
— Ethan Mollick (@emollick) January 9, 2024

L’Oreal Has 10 Petabytes of Data and is Integrating with AI

L’Oreal Make-Up AI

“We already own 10 petabytes of data on our L’Oréal data platform, supporting all types of AI models, including the latest LLMs”

https://www.linkedin.com/posts/garretteastham_largelanguagemodels-generatieveai-dataengineering-activity-7151582471199801344-z5Y5

Victoria’s Secret Signs Deal with Google for AI

Victoria’s Secret & Co., a world-leading intimates retailer, charts a new course with Google Cloud AI to enhance online shopping experiences and accelerate core business operations

Under the new, multi-year partnership, the brand will explore a new generative AI-powered conversational assistant, created with Google Cloud’s AI platform, Vertex AI.

https://www.victoriassecretandco.com/news-releases/news-release-details/victorias-secret-co-create-new-ai-powered-shopping-experiences

Walmart Continues to Launch Generative AI Tools

Walmart unveils new GenAI search tech for shoppers at CES

he world’s largest retailer launched, opens new tab a new GenAI search tool developed by combining Microsoft’s AI models with Walmart’s shopper data to enable shoppers to search for products using specific use cases instead of by brand names or items.

Shoppers will be able to search using terms such as “a football watch party” or “help me plan a unicorn-themed party for my daughter,” and receive a curated list of products, instead of individually searching for chips, wings and balloons, it said.

Showcasing another use case of AI, the company said it is developing a tool called “Walmart InHome Replenishment,” that will help shoppers who use its subscription-based InHome delivery service to quickly populate online shopping carts with commonly ordered items.

https://www.reuters.com/technology/walmart-unveils-new-genai-search-tech-shoppers-ces-2024-01-10/

An LLM Trained Specifically for Documents

Docllm: A Layout-Aware Generative Language Model For Multimodal Document Understanding

Click to access 2401.00908.pdf

Corporate ChatGPT Has 260 Companies Using It

OpenAI has signed up 260 enterprise customers with 150K+ employees combined for the corporate version of ChatGPT, barely four months after launching the product (paywalled)

https://www.bloomberg.com/news/articles/2024-01-11/openai-signs-up-260-businesses-for-corporate-version-of-chatgpt

Other Business/Enterprise LLM News

Fox Releases Verify, An Open-Source AI Content Solution

Fox Releases Verify, An Open-Source AI Content Solution

Excited to announce Sama AI – the first proactive AI mentor that is ready to use on your iPhone or as a wearable! Designed to improve your life by recording and providing feedback on your daily conversations. Gives you perfect memory and offers proactive insights into your communication, diet, work and everything else!

🚀 Excited to announce Sama AI – the first proactive AI mentor that is ready to use on your iPhone or as a wearable!

📱Designed to improve your life by recording and providing feedback on your daily conversations.
🧠Gives you perfect memory and offers proactive insights into… pic.twitter.com/eoTYHXu0VB
— Nik Shevchenko (@kodjima33) January 9, 2024

https://www.aisama.co/

Today I’m excited to announce Hero! Hero helps you sell stuff faster with AI. You can now identify, price, and list items for sale in seconds. Pretty cool to see how good these AI vision models have become… Rolling out the beta soon. Sign up for the waitlist below.

Today I’m excited to announce Hero!

Hero helps you sell stuff faster with AI.

You can now identify, price, and list items for sale in seconds.

Pretty cool to see how good these AI vision models have become…

Rolling out the beta soon. Sign up for the waitlist below. pic.twitter.com/C1H6WT3NSV
— Jeremy Herrman (@jherrm) January 11, 2024

Elon Musk’s xAI has incorporated in Nevada as a benefit corporation, saying it will focus on having a positive impact on society.

Elon Musk's xAI has incorporated in Nevada as a benefit corporation, saying it will focus on having a positive impact on society.https://t.co/9ViC3amCZY

By @beckpeterson
— The Information (@theinformation) January 8, 2024

A lot of work is going into building RAG systems that give an LLM information from proprietary data to help provide context. Almost all analysis of the challenges of RAG (including this good paper) leave out the major one: LLMs, even when given good context, hallucinate subtletyhttps://twitter.com/emollick/status/1745847292450501084

Be Sure To Read “This Week in AI“

This is an extension of my weekly newsletter, This Week In AI, an executive summary of the top things to know in AI. Each week, I create an accessible overview for laypeople to feel confident they are conversant with the week’s AI developments. I include a curated list of must-click links of the week, to offer everyone a hands-on opportunity to explore the most intriguing updates in artificial intelligence across various categories, including robotics, imagery, video, AR/VR, science, ethics, and more. Beyond the overview, I post these topic-based deeper dives (below). If you haven’t read this week’s overview, I recommend starting there.