Elon talks to the Senate about balanced AI

Plus: Character.ai vs. ChatGPT: The AI Showdown

Wesley McKnight
September 15, 2023

Happy Friday! Here is what we got for you today:

Key Points:

High-Profile Attendees: Senate Majority Leader Chuck Schumer hosted a private bipartisan AI Insight Forum, with tech bigwigs like Mark Zuckerberg (Meta), Sam Altman (OpenAI), Satya Nadella (Microsoft), Jensen Huang (Nvidia), Sundar Pichai (Google), and Elon Musk (X).
Balancing Act: Zuckerberg emphasizes the importance of AI regulation that supports innovation and includes safeguards, pointing out safety and access as the two main issues.
Meta's Stance: Zuckerberg highlights Meta's precautions in rolling out AI products and their "open sourcing" of the Llama 2 model to democratize AI access.
Federal Oversight: Elon Musk suggests the need for a federal AI oversight agency to act as a "referee" ensuring companies don't deploy unchecked AI products.

Character.ai is making waves in the AI mobile app space. Here's what you need to know:

Key Points:

Rapid Rise: Since its launch in May 2023, Character.ai's app usage has skyrocketed from 1.7 million installs to 4.2 million monthly active users in the U.S.
Mobile Dominance: While ChatGPT continues to lead on the web, Character.ai shines brightest on mobile. Its users prefer the intimacy of interacting with their AI creations on personal devices.
Young Audience: Character.ai boasts a whopping 60% user base from the 18-24 age bracket, distinguishing itself from ChatGPT and other AI players.
Global Trends: ChatGPT still leads globally with 22.5 million monthly active users compared to Character.ai's 5.27 million.
Traffic Trends: ChatGPT faced a decline in website visits and engagement, but it's rebounding as schools resume. Character.ai's summer dip in web traffic was offset by mobile growth.
Big Backing: Character.ai's significant $150 million in Series A funding and a valuation at $1 billion, coupled with its influential founders, hints at promising future developments.

Amazon has launched a new AI tool designed to aid sellers in crafting compelling product descriptions.

Key Points:

The tool uses generative AI to help sellers produce engaging product descriptions, titles, and details.
Sellers can enhance existing descriptions with AI assistance rather than starting anew.
Powered by large language models (LLMs) that likely utilize Amazon's vast product listing data.
Robert Tekiela, VP of Amazon Selection and Catalog Systems, highlights the tool's ability to infer and enrich product information through multiple data sources and logical reasoning.
Amazon believes this AI tool will streamline sellers’ listing process and offer customers more comprehensive product information.

Amazon will require authors to disclose the use of AI material in e-books.
Microsoft open-sources EvoDiff, a diffusion model that can generate high-fidelity, diverse proteins without structural information.
AI-driven tool Style2Fab makes it easy to personalize 3D models using natural language prompts.

What up What up. It is Friday so look at the funding that went into AI this week.

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