One-Minute Daily AI News 6/6/2023
One-Minute Daily AI News 6/6/2023

One-Minute Daily AI News 6/6/2023

  1. OpenAI has announced that it has no immediate plans to go public, according to Chief Executive Sam Altman. Altman made this statement during a conference in Abu Dhabi, where he emphasized the potential decision-making challenges that could arise when superintelligence is achieved.[1]
  2. Stanford Researchers Introduce FrugalGPT: A New AI Framework For LLM APIs To Handle Natural Language Queries. FrugalGPT saves up to 98% of the inference cost while maintaining the same performance on the downstream task. FrugalGPT, on the other hand, can yield a performance boost of up to 4% for the same price.[2]
  3. The iPhone’s ducking autocorrect problem finally gets fixed. Apple’s new iOS keyboard will learn your habits over time, fixing words that you frequently misspell – and leaving words alone that you intentionally thumbed in. It will also use AI to better predict your next word and provide improved autofill suggestions.[3]
  4. Alibaba Group Holding’s cloud computing arm has begun beta testing Tongyi Tingwu, its audio- and video-focused artificial intelligence model. Tongyi Tingwu can complete the transcription, retrieval, summarization, and sorting of audio and video content in real-time, according to the demonstration of its capabilities.[4]

Sources:

[1] https://www.businesstoday.in/technology/news/story/i-dont-want-to-be-sued-openai-ceo-sam-altman-rules-out-ipo-plans-due-to-strange-company-structure-384513-2023-06-07

[2] https://www.marktechpost.com/2023/05/17/stanford-researchers-introduce-frugalgpt-a-new-ai-framework-for-llm-apis-to-handle-natural-language-queries/

[3] https://www.cbs58.com/news/the-iphone-s-ducking-autocorrect-problem-finally-gets-fixed

[4] https://www.yicaiglobal.com/news/20230602-07-alibaba-cloud-launches-beta-tests-for-its-audio-video-focused-ai-model-tongyi-tingwu

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