One-Minute Daily AI News 7/12/2023

1. Anthropic, the AI startup co-founded by ex-OpenAI execs, today announced the release of a new text-generating AI model, Claude 2. The successor to Anthropic’s first commercial model, Claude 2 is available in beta starting today in the U.S. and U.K. both on the web and via a paid API.[1]
2. Elon Musk has launched an AI company to challenge ChatGPT creator OpenAI, which the billionaire tech mogul has accused of being “woke”. On Wednesday, xAI said the goal of the new company would be to “understand the true nature of the universe”.[2]
3. Chip designer Nvidia will invest $50 million to speed up training of Recursion’s artificial intelligence models for drug discovery, the companies said on Wednesday, sending the biotech firm’s shares surging about 83%.[3]
4. For decades, morning weather reports have relied on the same kinds of conventional models. Now, weather forecasting is poised to join the ranks of industries revolutionized by artificial intelligence.A pair of papers, published Wednesday in the scientific journal Nature, touts the potential of two new AI forecasting approaches — systems that could yield faster and more accurate results than traditional models, researchers say.[4]

Sources:

[1] https://techcrunch.com/2023/07/11/anthropic-releases-claude-2-the-second-generation-of-its-ai-chatbot/

[2] https://www.aljazeera.com/economy/2023/7/13/musk-launches-artificial-intelligence-rival-to-chatgpts-openai

[3] https://www.reuters.com/technology/nvidia-invests-50-mln-recursion-train-ai-models-drug-discovery-2023-07-12/

[4] https://www.scientificamerican.com/article/climate-change-could-stump-ai-weather-prediction/