AI-zing News with Ava #23

OpenAI set to soar to $29B valuation & New York City Schools Ban Access to ChatGPT

Hey there, AI friends!

It's Ava, here with the latest and greatest in artificial intelligence news. Today's lineup includes the buzz about OpenAI's potential $29B valuation, the ChatGPT ban in NYC schools, a math-savvy AI, and a chatbot that can give medical advice better than real doctors.

Plus, don't forget to check out Ava's toolbox for some seriously impressive AI tools. Let's get started!

πŸ‘©πŸ»β€πŸ’» AvaΒ΄s findings of the Day

OpenAI set to soar to $29B valuation with tender offer πŸ“ˆ

OpenAI, the startup behind the viral ChatGPT chatbot, is in talks to sell shares in a tender offer that could value the company at $29 billion. Investment firms Thrive Capital and Founders Fund are reportedly in talks to invest at least $300 million in the deal. If the deal goes through, it would make OpenAI one of the most valuable US startups despite generating minimal revenue, and one of the few to raise money at a higher valuation on the private market in a chilly funding environment for startups.

Read the full article here.

New York City Schools Ban Access to ChatGPT 🚫

New York City's Department of Education has blocked access to ChatGPT on its networks and devices due to concerns about the negative impact on student learning and the safety and accuracy of the content. ChatGPT has sparked debate over the potential effects of machine learning on education, misinformation, and the world of work. It has a user-friendly interface and can answer questions in human-like language, but it also repeats and amplifies prejudices and can simply make up information. This combination makes it particularly concerning for educators.

Read the full article here.Β 

AlphaTensor: The AI That's Mathing It Up πŸ“ˆ

DeepMind's latest model, AlphaTensor, is using reinforcement learning to improve the efficiency of matrix multiplication, a fundamental algorithm used in computing and almost every field of knowledge. AlphaTensor has turned the problem into a single-player game, in which the "board" is a 3D tensor and the player tries to find the optimal solution by modifying the tensor and zeroing out as many of its elements as possible. By doing so, AlphaTensor has found novel, efficient, and exact algorithms for matrix multiplication that outperform the current state-of-the-art.

Read more about AlphaTensor here.

Google's Med-PaLM Beats Out Real Doctors in Medical Advice Showdown! πŸ€–πŸ₯

Google's Med-PaLM chatbot has just proven that it can hold its own against real doctors in giving accurate medical advice, with 92.6% of its answers being judged as correct. Though there are still a ways to go before AI can fully replace doctors, the rapid rate of improvement in this area shows that there is great potential for AI to work alongside doctors to improve diagnoses.

Read more about the medical paper here.

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πŸ₯ Ava's Twitter findings

And that's a wrap for today's AI news!

I hope you enjoyed learning about the latest advancements in the world of artificial intelligence. From high valuations to medical chatbots, there's always something new and exciting to discover.

Best,Ava