OpenAI: New Models & Reduced Prices

PLUS: Investigation Of AI Companies, Google & Hugging Face

Welcome humans, here’s your 3-minute recap (without the fluff):

  • OpenAI reduced prices and new AI models

  • Tech giants face FTC investigation over AI investments

  • Google and Hugging Face offer affordable supercomputing access

  • New tools, funding updates & job postings

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🗞️ News

OpenAI’s new models & reduced prices

OpenAI has dropped prices for its GPT-3.5 Turbo and GPT-4 Turbo AI models, reducing input cost by 50% and output by 25%.

OpenAI made the new GPT-4 Turbo model less "lazy". It has also released new versions of these models with fixes and improvements.

Investigation of AI companies

The Federal Trade Commission (FTC) has launched an inquiry into Amazon, Microsoft, OpenAI, Anthropic, and Google's parent company Alphabet.

Specifically, the FTC is investigating recent multi-billion dollar investments and partnerships between these companies. The FTC wants to know if these deals could hurt competition or innovation.

Google & Hugging Face

Google Cloud has partnered with Hugging Face to provide Hugging Face developers with access to Google's powerful supercomputers.

This will allow Hugging Face users to build, train, and deploy AI models using Google Cloud infrastructure at a lower cost, without needing a direct Google Cloud subscription.

🛠️ Tools

MaxAI.me - 1-click AI for smarter summaries, writing, & web searches. Join millions & unleash magic! (link)

Moonbeam - An AI writing assistant specifically trained to help you write essays, stories, articles, blogs, and other long-form content. (link)

Colossyan - Helps to create AI videos from text in minutes and auto-translate to dozens of languages with the click of a button. (link)

Bitskout - Helps to create plugins that read and extract data from documents, and emails in a few clicks and use them in tools like Asana, or Zapier. (link)

📚 Resources

Best AI tools on the Internet for businesses (link)

HBR: Artificial Intelligence for the Real World (link)

How SAP is updating its strategy to focus on business AI (link)

Nearly half of job seekers use AI to polish their resumes (link)

Using AI tools to mitigate climate change insurance risks (link)

P.S. You can still get The Ultimate ChatGPT Toolkit (no email opt-in).

Daily AI Challenge

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💰 Funding

Ola founder Krutrim hits $1B valuation in Matrix-led $50M funding, India's first AI unicorn (link)

Bagel secures $3.1 million to develop a decentralized marketplace for ML datasets (link)

💼 Job Board

Sr. Business Strategist at FedEx (US)

Senior Machine Learning Engineer at Upstart (Remote)

🤖 Prompt Tutorial

From Ordinary to Extraordinary

Analyze [text] and make this text connect more to the reader. Highlight all the things you have changed.

Text = [Insert here]

That’s all.

Stay curious, leaders!

- Mr. Prompts

PS. If you missed yesterday’s issue, you can find it here.

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