🤖 Anthropic Prepares to Battle OpenAI

PLUS: Generative AI Reinvents Video Games

Welcome back AI enthusiasts!

In today’s AI Report:

  • ⚔️Anthropic Prepares to Battle OpenAI

  • 🕹Generative AI Reinvents Video Games

  • 🛠5 Trending Tools

  • 💰Venture Capital Updates

  • 💼Who’s Hiring?

Read Time: 3 minutes

🗞RECENT NEWS

ANTHROPIC

⚔️Anthropic Prepares to Battle OpenAI

Image Source: The Information/Getty Images

Anthropic, a research company building reliable, interpretable, and steerable AI systems, plans to raise $750 million in funding led by Menlo Ventures.

Key Details:
  • Anthropic was founded by Dario Amodei, OpenAI’s former vice president of research. In 2021, the venture secured funding from Google, Salesforce, and Zoom.

  • Google agreed to invest $2 billion for a 10% stake in the company, with $500 million in upfront cash infusion and an additional $1.5 billion to be invested over time.

  • This new funding round would value Anthropic at $18.4 billion, nearly 4.5 times the venture’s $4.1 billion valuation earlier this year.

  • Anthropic’s Claude 2 is a rival chatbot to OpenAI’s ChatGPT and is used by several companies, including Salesforce, Notion, and Quora.

  • Claude 2 can process over 75,000 words, allowing users to input large data sets and leverage complex reasoning capabilities. In comparison, ChatGPT can handle 3,000 words.

Why It’s Important:
  • Claude 2 is the most “self-aware” chatbot. In simple terms, Claude 2 accurately gauges what it does and doesn’t know, only answering questions supported by training data. Additional funding allows Anthropic to enhance support teams and expand datasets to reduce hallucinations.

  • The demand for Large Language Models (LLMs) exceeds the supply, creating a vast industry landscape that provides room for multiple players to succeed.

🩺 PULSE CHECK

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MICROSOFT

🕹Generative AI Reinvents Video Games

Image Source: ESSENTIALLY SPORTS/The Elder Scrolls V: Skyrim

A recent partnership between Microsoft Xbox and Inworld AI is reinventing video games through dynamic, player-driven narratives that fuel replayability, retention, and revenue.

Key Details:
  • Non-Playable Characters (NPCs), the figures with limited scripts who populate video games, are being tested as one of the core gaming features where AI models can improve gameplay immersiveness.

  • Kylan Gibbs, chief product officer and co-founder of Inworld AI, explained: “We’re creating the technology that allows NPCs to evolve beyond predefined roles, adapt to player behavior, learn from interactions, and contribute to a living, breathing game world.”

  • Integrating AI models into video games will enable truly immersive worlds with sophisticated narratives that navigate players to the center of their fantasy.

Why It’s Important:
  • AI NPCs will fundamentally reshape the landscape of video game storytelling by providing players with unprecedented agency, emotional connections, and immersive experiences.

  • Microsoft Xbox will be able to gather player sentiment analysis in real-time, adjusting their preferences for game levels, menu elements, or opponents.

🛠TRENDING TOOLS

💨Airgram helps record, transcribe, summarize, and share meeting conversations.

📊Akkio adds AI-powered analytics and predictive modeling to your service offerings.

👨‍⚖️Casetext is a legal assistant who performs document reviews, deposition preparation, and contract analysis in minutes.

🏗Certainly resolves support tickets and scales your support operations.

📑ChatPDF extracts information from large PDF files like manuals, essays, and books.

💰VENTURE CAPITAL UPDATES

  • Arkon Energy raises $110M to grow U.S. Bitcoin mining capacity and expand operations in Norway.

  • EnCharge secures $22.6M to commercialize its AI-accelerating chips.

  • Bubty raises $1.9M in seed funding for better freelance recruitment and management.

💼WHO’S HIRING?

  • Samsung (San Diego, CA): Software Quality Engineering Intern, Summer 2024

  • Ramp (New York, NY): Software Engineer Intern, iOS, Summer 2024

  • Jibble (Remote): Content Writer Intern, Summer 2024

🤖PROMPT OF THE DAY

COMMUNICATION

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Annual Goals = [Insert Here]

Business = [Insert Here]

📒FINAL NOTE

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