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Introducing theAI.news - your ultimate source for the latest and greatest in the world of AI! A special thank you to our early subscribers and those that signed up on AwesomeGPTPrompts 

We're thrilled to launch this newsletter and provide you with the latest and greatest in the world of artificial intelligence. With groundbreaking advancements and innovative new technologies emerging every day, our team is dedicated to keeping you informed and up-to-date on everything you need to know from new breakthroughs in natural language processing to exciting new developments in computer vision, generative AI, and AGI.

With expert insights, breaking news, and exclusive interviews, theAI.news has everything you need to know about the most exciting developments in the field. Whether you're an industry leader or simply curious about the future of technology, our newsletter has something for everyone.

Without any delay, let’s jump right into it!

1) 🔥 YCombinator W23 Generative AI landscape

YCombinator helps founders launch, build, and scale the great technology companies of the next 100 years. Since 2005, they’ve funded over 3,000 companies. Today, over a dozen YC companies are public, more than 60 are valued at over $1B, and the combined valuation of YC alumni is over $600B!

Huge shoutout to Alex Lee for building this list of the current batch YCombinator W23 startups focused on Generative AI. We’re in this YC batch as well, and its been amazing building with other Generative AI companies.

Some cool companies from the list:

• 🎯 Persana AI is an AI powered customer intelligence platform that allows companies to surface customer insights and send personalized outreach that converts at scale. They’ve shown over 70% increase in conversions after using their hyper-personalized models to generate outbound.

• ⛵️Truewind is AI-powered bookkeeping and finance for startups. Over 30 fast growing startups like Mozart Data use Truewind to get a delightful finance back-office experience with less errors, more transparency, and faster monthly close.

• 📚 Stack AI helps enterprises build and train AI to automate business tasks. For example, companies like Yummy, MIT Medical, and Hatch use our software to automate sales qualification and customer support.

 2) 🤖ChatGPT API out in the wild (and much cheaper now too)

• Hot off the press:

  • The new Chat API calls gpt-3.5-turbo, the same model used in the ChatGPT product. OpenAI said it’s also the best model for many non-chat use cases and is 10x cheaper than the existing GPT-3.5 models.

• Many big companies have already started using the ChatGPT and Whisper APIs shown here like Instacart, Shopify, and Snap,Inc.

  • For example - Snap introduced My AI for Snapchat+ running on ChatGPT API. It offers Snapchatters a friendly, customizable chatbot that offers recommendations, and can even write a haiku for friends in seconds. As Snapchat’s core audience relies on messaging everyday with friends it will be interesting to see if their users actually adopt the AI into their personal messaging and social flows.

    

    Snap’s My AI

3) 🏔 Generative AI → Productive AI

One of the leaks from Open AI’s Foundry product - which seems to be described as “Foundry is a platform for running OpenAI Models on dedicated capacity.” This deep dive analysis thread from Nathan Labenz is great. I’m definitely excited about the multiple models and more fine tuning!

4) 🕵️‍♀️ Good news regarding data privacy and AI

• As AI is increasingly being used everywhere one of the main concerns has been around is my data being protected? Well, good news for us, based on customer feedback in the last couple of months Open AI just released that:

  • Data submitted through the API is no longer used for model training or other service improvements, unless you explicitly opt in

  • What does this mean?

    • More companies can securely leverage LLMs for their business

    • Model quality might change as more people might opt out, fine-tuned models will definitely become more popular and stronger.

We hope you enjoyed reading this! Please feel free to let us know any feedback you might have as well 😊