Daily AI NEWS - July 20, 2024
OpenAI's GPT-4o, Meta's EU Pause, and Nvidia's Mistral-NeMo

OpenAI has announced the launch of a cheaper way to use its AI, introducing GPT-4o mini. This small AI model will replace GPT-3.5 Turbo in ChatGPT and is designed to be cost-efficient while maintaining performance.

The new model is priced at 15 cents per million input tokens and 60 cents per million output tokens, making it over 60% cheaper than its predecessor. This strategic move is aimed at expanding OpenAI's user base amid rising competition from other free and paid models.

Users of ChatGPT will benefit as this lower-cost model will be provided for free, potentially increasing accessibility and usage. With the market flooded with numerous AI options, OpenAI's initiative highlights its commitment to offering affordable and efficient AI solutions.

Meta says it won't be launching its upcoming multimodal AI model in the European Union, citing regulatory concerns. The decision will prevent European companies from using the multimodal technology capable of handling video, audio, images, and text.

Apple had earlier announced it would be withholding its upcoming AI features from EU countries due to regulatory uncertainties. Now, Meta has followed suit, mirroring the same reasons given by Apple regarding the challenging regulatory landscape in the EU.

Meta, the parent company of Facebook, Instagram, and WhatsApp, has confirmed its decision not to introduce the multimodal Llama 3 AI model in the EU. This development highlights how European regulation is impacting the rollout of tech innovations.

Tech companies are pioneering a new wave of AI assistants capable of writing, debugging, organizing, and critiquing code. Leading the charge is OpenAI, among others, pushing the boundaries of what automated coding tools can achieve.

Nvidia and Mistral AI unveiled Mistral-NeMo, a language model incorporating 12 billion parameters. The innovative tool aims to integrate enterprise-grade AI directly into desktop environments, enhancing business operational capabilities.

Groq has introduced open-source AI models that outshine giants like GPT-4o and Claude. Utilizing synthetic data for training, these models excel in function calling, setting new standards and making advanced AI more accessible.

Concerns about the collection and use of biometric data are growing as businesses increasingly deploy surveillance technologies. Imagine walking through a bustling railway station; cameras are not just watching you but also recognizing you, highlighting the urgency for new protections in this field. Companies use biometric data for security, personalized services, and more, raising significant privacy issues.

Amazon is leveraging AI to enhance shopping by recommending music, identifying damaged products, and ensuring better fitting clothes. This implementation aims to improve the overall shopping experience.

Tinder's new Photo Selector feature uses AI to pick the best profile image for users, enhancing image selection and potentially increasing match rates. The automated feature is a significant upgrade.

Proton Mail has introduced Proton Scribe, a privacy-focused AI email assistant. This Swiss company's tool aims to provide a more secure alternative to AI features from Google and Microsoft, ensuring user privacy.