- Nex AI News
- Posts
- This gaming startup tries to show ‘AI + crypto’ is not a fad
This gaming startup tries to show ‘AI + crypto’ is not a fad
Thursday - February 15 - 2024
Good evening. In the realm of artificial intelligence, OpenAI has recently announced several significant updates and new developments that mark a pivotal moment for AI technology. Among the highlights is the introduction of GPT-4 Turbo, an enhancement over its predecessors with improved instruction following and the novel JSON mode, designed to streamline the generation of valid JSON responses. This feature is a boon for developers seeking to integrate more structured data interaction within their applications #Link.
📈 SOUNSoundHound AI, Inc. | $3.70 | +1.45218,093,977 |
📈 TSLATesla, Inc. | $197.80 | +9.0995,875,515 |
📈 LYFTLyft, Inc. | $19.03 | +2.6478,071,140 |
🔻 AMDAdvanced Micro Devices, Inc. | $177.22 | -1.4840,912,567 |
🔻 AAPLApple Inc. | $182.63 | -1.5137,188,891 |
Today’s newsletter :
This gaming startup tries to show ‘AI + crypto’ is not a fad
OpenAI board member Bret Taylor has a new AI startup
OpenAI rolls out ChatGPT memory to select users
The UK is outpacing the US for AI hiring
How will AI impact the gambling industry?
Can AI write laws? Lawyer puts ChatGPT to the test
A new way to let AI chatbots converse all day without crashing
Four ways AI could help to respond to climate change—despite how much energy it uses
AI giants to unveil pact to fight political deepfakes
Before the world became fixated on artificial intelligence, thanks to generative AI’s advances, cryptocurrency was the darling of many investors.
So when some venture capital firms started swiftly switching their focus between AI and crypto, the industry’s onlookers scorned their opportunism.
Meanwhile, a wave of entrepreneurs emerged as fervent advocates for the convergence of AI and crypto.
Vitalik Buterin, the core founder of the Ethereum blockchain network, posted an article last month musing on the four possible applications of “AI + crypto,” sparking enthusiasm among his Twitter followers.
The use cases have yet to be proven at scale.
A startup based out of Singapore is trying to show that the combination of AI and crypto isn’t just a fad.
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
Welcome to our Wednesday show, in which we talk through the week’s leading startup and venture capital news.
Today we have an absolute pile of material, so let’s get to work:
Bret Taylor’s new startup is turning heads: Known for his work at Facebook, Salesforce and OpenAI, Taylor’s new startup Sierra is building conversational AI agents.
It has raised a mountain of capital to date, which it might need, given that it’s not alone in its niche.
FlowFi’s counter-cultural decision: FlowFi is building software to help startups keep their books more intelligently.
But it’s not going to try and replace human inputs into financial work.
Instead, it’s pairing its software with a labor marketplace so that startups can blend human and computer intelligence.
OpenAI has begun rolling out memory capabilities to a select number of ChatGPT users this week.
Memory will allow the conversational agent to recall details from previous chats in order to provide more personalised and contextually relevant responses.
According to OpenAI, ChatGPT’s memory will improve over time as users interact with it more.
For example, ChatGPT could remember a user’s preferred meeting note format, tailor birthday card suggestions based on a user mentioning their child’s
interests, or apply a user’s chosen tone and voice when drafting blog posts without needing to be told repeatedly.
Users remain in control of ChatGPT’s memory and can turn it off completely if desired.
A new report finds that the UK has been growing its AI job market faster than the US over the last five years.
Analysing job listings data, the report by AIPRM found that – between 2017 and 2022 – the average yearly growth rate for AI hiring was 1.2% in the US.
This compares to 1.22% in the UK over the same period.
The UK’s strong performance means it outpaced other major economies like India (1.19% growth), Canada (1.26%), and Brazil (1.21%).
“Despite consistent expansion of the AI job market in America, the pace of growth lagged slightly behind other countries like Britain,” said John Smith, lead author of the report.
As well as analysing hiring trends, the report also identified the highest paying and most in-demand AI jobs in the US.
The top position goes to Director of Data Science, with an average salary of £200,263.
AI Architects take second place, earning approximately £197,431 per year on average.
The gambling industry, perpetually dynamic and adaptive to technological advancements, is experiencing a significant transformation with the integration of AI.
The use of AI within this sector is reshaping the gambling landscape, bringing about profound changes in various facets of gambling operations and customer experiences.
Using AI in gambling experiences opens up new dimensions of interactivity and engagement.
AI algorithms can optimise live dealer games, making them more responsive and adaptable to player preferences.
News
What else is nex?
A Charles Darwin University (CDU) academic has answered one of the modern-day legal world's most burning questions: Can Artificial Intelligence (AI) write laws?
When a human-AI conversation involves many rounds of continuous dialogue, the powerful large language machine-learning models that drive chatbots like ChatGPT sometimes start to collapse, causing the bots' performance to rapidly deteriorate.
Advanced AI systems are coming under increasing criticism for how much energy they use. But it's important to remember that AI could also contribute in various ways to our response to climate change.
Tech giants including Meta, Microsoft, Google and OpenAI are working on a pact to jointly crack down on AI content intended to deceive voters ahead of crucial elections around the world this year, companies involved said Tuesday.
TOOLS
100+ AI Business Ideas
What you can gain from subscribing to our exclusive : Over 100 AI Ideas.
THAT’S ALL PEEPS
Did you find our newsletter/information enjoyable? Share the love with your friends or subscribe for more delightful updates!
See you next week !
What did you think about today’s edition?We care about what you think. |
Reply