Innovation Profs - 7/23/2024

Your weekly guide to generative AI tools and news

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Innovation Profs
July 23, 2024

Generative AI News - Quick Hits

A brief note on this week’s main news stories. This past week has been hailed as the biggest week for open source models; check out the top two stories to see why. The release of GPT-4o Mini is also notable, as OpenAI now recommends it to developers to use instead of GPT-3.5 Turbo, as it is both faster and cheaper. New tools such as the AI image generation tool Auraflow, as well as updates to existing tools (e.g. Adobe’s AI features), continue to roll out. And of course, various opinion pieces on generative AI keep cropping up on a weekly basis. Take a look below!

Meta releases the biggest and best open-source AI model yet

Mark Zuckerberg is coming for ChatGPT.

www.theverge.com/2024/7/23/24204055/meta-ai-llama-3-1-open-source-assistant-openai-chatgpt

AI’s new frontier: Hugging Face, Nvidia, and OpenAI lead charge in small language models

OpenAI, Nvidia, and Hugging Face unveil compact AI models GPT-4o Mini, Mistral-Nemo, and SmolLM, revolutionizing the industry with efficient, accessible, and cost-effective language processing solutions.

venturebeat.com/ai/ais-new-frontier-hugging-face-nvidia-and-openai-lead-charge-in-small-language-models

Anthropic releases Claude app for Android | TechCrunch

Anthropic launched its Claude Android app on Tuesday to bring its AI chatbot to more users. This is Anthropic's latest effort to convince users to ditch

techcrunch.com/2024/07/16/anthropic-releases-claude-app-for-android

Salesforce debuts Einstein Service Agent, a new AI Agent for customer self-service

Salesforce is growing its Einstein platform with an autonomous AI agent technology that will be used initially to support customer self-service.

venturebeat.com/ai/salesforce-debuts-einstein-service-agent-a-new-ai-agent-for-customer-self-service

OpenAI’s latest model will block the ‘ignore all previous instructions’ loophole

OpenAI’s newest model, GPT-4o Mini, includes a new safety mechanism to prevent hackers from overriding chatbots.

www.theverge.com/2024/7/19/24201414/openai-chatgpt-gpt-4o-prompt-injection-instruction-hierarchy

The Push to Develop Generative A.I. Without All the Lawsuits

Companies like Getty have begun developing A.I. models with their own data, part of a broader push to build artificial intelligence with licensed content.

www.nytimes.com/2024/07/19/technology/generative-ai-getty-shutterstock.html

AI Can’t Make Music

But that doesn’t mean it poses an empty threat to musicians.

www.theatlantic.com/technology/archive/2024/07/generative-ai-music-suno-udio/679114

The first wave of AI innovation is over. Here’s what comes next

Businesses themselves, not closed-source AI companies, need ownership and control of their proprietary models.

www.fastcompany.com/91159180/the-first-wave-of-ai-innovation-is-over-heres-what-comes-next

People and Gen AI can work together to grow the economy

To successfully adapt to AI, businesses need to invest in their people and empower them for coming changes.

fortune.com/2024/07/22/accenture-gen-ai

Cohere raises $500M to beat back generative AI rivals | TechCrunch

Cohere, a startup co-founded by ex-Google AI researchers, has raised a large tranche of funding from investors including AMD.

techcrunch.com/2024/07/22/cohere-raises-500m-to-beat-back-generative-ai-rivals

Meet Auraflow: A Truly Open Source AI Image Generator Aiming to Beat Stable Diffusion 3 - Decrypt

We pitted FAL AI's new Auraflow in a head-to-head test against Stability AI’s SD3. The results might surprise you.

decrypt.co/240883/auraflow-comparison-sd3-fal-ai-new-model

Adobe rolls out more generative AI features to Illustrator and Photoshop

Including Generative Shape Fill and Text to Pattern for Illustrator.

www.theverge.com/2024/7/23/24204231/adobe-photoshop-illustrator-generative-ai-firefly-vector-features

Tool of the week: Microsoft Designer

Microsoft’s AI design tool Microsoft Designer is now available as an app on your phone. Use it to create AI images, stickers, birthday cards, designs and more on Android and iOS devices.

AI-generated image of the week

It’s RAGBRAI week here in Iowa - an annual celebration of cycling, Iowa and (most importantly) pie. So here’s a bicycle made out of pie. 

prompt: a bicycle made of pie

Get starting with Generative AI

New to generative AI? Here are some places to start…

What we found

Transforming a video of people dancing into an AI video of pasta dancing. You need to see this one to believe it. Here’s the original video.