Canon R5 photo. a futuristic office environment where advanced AI technologies and automation tools are visibly integrated into the workspace. The scene includes a diverse group of professionals engaging with holographic displays showing data analysis and virtual assistants assisting with tasks. The office is filled with natural light, and the design is modern with plants and ergonomic furniture, symbolizing a blend of technology, productivity, and well-being. Warm colors dominate the scene, reflecting a welcoming and innovative work atmosphere. The focus is on the harmonious interaction between humans and AI, illustrating the democratization and beneficial impact of AI in the workplace. --ar 16:9

Business and Enterprise AI News: Week Ending 03/22/2024

March 22, 2024

“The surplus value created by generative AI goes to workers a surprising amount at this point. I talk to people all the time who have automated parts of their job and aren’t telling management. Eventually companies will catch up but a lot of people are secretly benefiting now. https://twitter.com/emollick/status/1770564990728040945

“A thing many leaders of organizations have not internalized is the fact that no one in any company* or government has access to a better LLM than the ones billions of people around the world can use for between $0-$20/month Very unusual to have democratized access from the start” / X – https://twitter.com/emollick/status/1769083368790966306

JPMorgan’s AI-Aided Cashflow Model Can Cut Manual Work by 90% – Bloomberg – https://archive.md/0KElg

NLX Raises $15M in Series A Funding – NLX – https://nlx.ai/news/nlx-raises-15m-in-series-a-funding

“This remains one of the most consequential experiments in AI: Bloomberg trained a GPT-3.5 class AI on their own financial data last year… …only to find that GPT-4 8k, without specialized finance training, beat it on almost all finance tasks. Hard to beat the frontier models. https://twitter.com/emollick/status/1770618237782307075

“We are thrilled to announce that @Lilac_AI is joining Databricks! With the integration of Lilac’s powerful tools for data exploration, customers can accelerate the development of production-quality generative AI apps using their enterprise data. #genAI https://twitter.com/databricks/status/1770103856547979451

Stable Diffusion maker leaves Stability AI | Sifted – https://sifted.eu/articles/stability-ai-rombach-news

Stability AI Is Falling Apart – https://futurism.com/the-byte/stability-ai-is-falling-apart

Introducing RAG 2.0 – Contextual AI – https://contextual.ai/introducing-rag2/

Here’s how Microsoft is providing a ‘good outcome’ for Inflection AI VCs, as Reid Hoffman promised | TechCrunch – https://techcrunch.com/2024/03/21/microsoft-inflection-ai-investors-reid-hoffman-bill-gates/

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Be Sure To Read This Week’s Main Post:

This week’s executive overview and top links are here:

AI News #25: Week Ending 03/22/2024 with Executive Summary and Top 55 Links

The post you just read is an deep dive 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.

Credits/Sources

Most of these weekly links come from just a few prolific oversharing sources. Please follow them, as they work hard to find the news each week and they make it a lot easier for me to compile.