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Model Cards, ChatGPT API and Enterprise Pricing exposed

Greetings and happy Sunday!

I am excited to bring you a delightful treat to make your weekend even more enjoyable. Introducing The AI Brunch ☕️ - your go-to newsletter for the latest insights, news, and trends in the world of artificial intelligence!

What is The AI Brunch?

With AI technology continuing to evolve at a rapid pace, it can be tough to stay up-to-date with the latest developments. That's why every Sunday, I'll be curating the most relevant and exciting news in a concise and digestible format. Whether you're a seasoned AI professional or just starting, The AI Brunch ☕️ will help you stay informed and expand your knowledge. I'll also include one AI concept to learn every week and an Interview. Let's dive into the first edition!

📚 AI Concept of the Week: Model Cards

Enterprises seeking to adopt and customize pre-trained AI models need to understand the model's capabilities and any potential risks involved. It's essential to consider whether the data used to train the model was biased, whether the model is suitable for the intended use case, and if the algorithm used is explainable.This is where ᴀɪ ᴍᴏᴅᴇʟ ᴄᴀʀᴅꜱ can be of great help. These documents provide standardized information about trained machine learning models, including the model's intended use, architecture, training data and methodology, performance metrics, potential biases and limitations, and responsible AI considerations.ᴀɪ ᴍᴏᴅᴇʟ ᴄᴀʀᴅꜱ are a critical tool for promoting responsible and transparent AI development in the business world. By embracing this essential tool, enterprises can unlock the full potential of AI while promoting ethical and equitable use.

🗞️Top News of the Week

The API now offers ChatGPT and Whisper models for developers, which provide language and speech-to-text capabilities. Cost reduction measures have led to a 90% decrease in ChatGPT API costs since December, and savings are being passed on to API users. The Whisper large-v2 model which was open source now is available as an API and provides faster and more cost-effective results. Developers using ChatGPT API can expect ongoing model improvements and the ability to select dedicated capacity for greater control. The API terms of service have been refined based on developer feedback.

They announced the first implementations with Snapchat, Instacard, and Shopify among others.

Neal Mohan, the new head of YouTube, has outlined his key priorities and teased some upcoming features for the media platform in his first address to the community since taking on the role. Mohan said that he will continue to put creators first and has teased that YouTube is developing generative AI tools that will allow creators to expand their storytelling and production value. These new tools are expected to roll out to creators in the coming months, alongside protections to ensure responsible use. Mohan also promised a new creation feature for YouTube Shorts and a new feature for YouTube TV that will allow viewers to watch multiple games simultaneously.

Snap Inc. introduced My AI, a new chatbot that uses the latest version of OpenAI's GPT technology and has been customized for Snapchat. Available as an experimental feature for Snapchat+ subscribers, My AI can help with a range of tasks, from suggesting birthday gifts to planning a hiking trip. Users can customize My AI by giving it a name and selecting a wallpaper for their Chat. However, as with all AI-powered chatbots, My AI is prone to errors and should not be relied on for advice or sensitive information. All conversations with My AI will be stored and may be reviewed to improve the product experience. Users can submit feedback by pressing and holding on to any message from My AI. Join us in experiencing the potential of AI technology with My AI on Snapchat.

🎙️ Interview of the week: Chris Lu, co-founder of Copy.ai

While Large Language Models like GPT-3 from OpenAI are currently making headlines, it's important to remember that AI-powered writing tools have been making waves in the industry for some time now. Two years ago, we had the pleasure of interviewing Chris Lu, co-founder and CTO of Copy.ai, a platform that boasts over 6 million professional users. It is powered by GPT-3 and they had early access to their API.

In our interview, Chris shared his team's story and motivation behind creating an AI content generator that delivers premium results in seconds. If you're interested in exploring the full power of AI-based writing tools and learning more about the Copy.ai platform, I highly encourage you to watch our interview with Chris Lu.

Enjoy your Sunday, and have a great week ahead!


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