Welcome back AI enthusiasts!
In today’s AI Report:
🍎Apple Secures Observer Role on OpenAI’s Board
🫐Meta’s New “3DGen” AI System
♻️Cost-Effective LLM Routing
🛠5 Trending Tools
💰Venture Capital Updates
💼Who’s Hiring?
Read Time: 3 minutes
🗞RECENT NEWS
APPLE
🍎Apple Secures Observer Role on OpenAI’s Board
Image Source: Apple Newsroom/WWDC22 Highlights
Apple secured an observer role on OpenAI’s Board of Directors without any direct financial investment.
Key Details:
Microsoft obtained an observer role on OpenAI’s Board of Directors by investing $13 billion into developing the company’s products and services.
In return, Microsoft acquired the right to reuse OpenAI’s AI models and became a minority shareholder in OpenAI’s for-profit subsidiary.
In 2019, OpenAI transitioned from a non-profit model to a “capped profit” framework called OpenAI LP to “raise investment capital and attract employees with startup-like equity.”
Now, Apple has secured an observer role on OpenAI’s Board of Directors as part of a landmark deal to integrate OpenAI’s ChatGPT into Apple’s new Smart Siri.
According to Bloomberg, Phil Schiller, who manages the App Store, was selected to act as an observer and will attend OpenAI meetings to provide Apple with information on OpenAI’s internal affairs.
Why It’s Important:
This observer role on OpenAI’s Board of Directors puts Apple on equal footing with Microsoft, raising new questions about how the two companies will coexist through OpenAI.
Schiller can report on OpenAI’s discussions and strategic direction, informing Apple of the latest AI developments.
🩺 PULSE CHECK
Can Apple and Microsoft co-exist on OpenAI’s Board of Directors?
META
🫐Meta’s New “3DGen” AI System
Image Source: Canva AI Image Generator
Meta introduced “3DGen,” a new state-of-the-art, lightning-fast pipeline for text-to-3D asset generation.
Key Details:
“3DGen” is a new AI system that creates high-quality 3D assets from text descriptions in less than a minute.
“3DGen” combines two key components:
Meta 3D AssetGen: a text-to-mesh generator that creates 3D meshes.
Meta 3D TextureGen: a text-to-texture generator that creates 3D textures.
This combination allows “3DGen” to produce 3D assets with high-resolution textures and Physically Based Rendering (PBR) materials.
PBR materials react to light like real-world materials. This creates realistic lighting effects on 3D models, such as reflections, shadows, and variations in glossiness.
Why It’s Important:
“3DGen” enables Meta users to create high-quality 3D assets from simple text descriptions in under a minute, reducing the time and effort required compared to traditional 3D modeling techniques.
“3DGen’s” speed and quality democratize access to various applications in fields like video game development or architecture and design.
🚨Read Meta’s “3DGen” research paper here.
AI RESEARCH
♻️Cost-Effective LLM Routing
LMSYS ORG published research detailing RouteLLM, an open-source framework for cost-effective Large Language Model (LLM) routing.
More capable LLMs tend to be more expensive than less capable LLMs. This dynamic leads to a dilemma when deploying LLMs in the real world, where most queries are routed to the more capable LLMs, leading to expensive responses.
RouteLLM first processes queries to decide which LLM to route it to. Then, it redirects the queries that can be handled by less capable LLMs to weaker AI models, minimizing costs while maintaining response quality.
RouteLLM was trained on four routers using public data from the LMSYS Chatbot Arena Leaderboard. When routing between OpenAI’s GPT-4 and Mistral AI’s Mixtral-8x7B, RouteLLM achieved significant cost savings while maintaining 95% of OpenAI’s GPT-4 performance.
RouteLLM minimized costs while achieving high-quality responses across various queries.
🛠TRENDING TOOLS
💻Codeium is a free extension to code with AI.
📬Onboard reaches every customer’s primary inbox.
⚙️TensorWave is built for training, fine-tuning, and inference.
📊CleeAI is an AI-powered search engine that delivers instant, accurate results.
💬Syncly addresses real customer pains from everyday customer communication.
🔮Browse our always Up-To-Date AI Tools Database.
💰VENTURE CAPITAL UPDATES
HeyGen secures a $60M Series A to scale its avatar generation business.
Astrocade raises a $12M Seed Round for an AI-based social gaming platform.
Rising Team closes an $8M Series A to advance employee engagement platform.
💼WHO’S HIRING?
Numerade (Remote): Data Scientist Intern, Summer 2025
Citadel (New York, NY): Software Engineer Intern, Summer 2025
Palantir (Seattle, WA): Software Engineer Intern, Summer 2025
Nightfall AI (Beverly Hills, CA): New Grad Backend Engineer
Anyscale (San Francisco, CA): Product Manager, Developer Experience
🤖PROMPT OF THE DAY
CROWDFUNDING
💵Crowdfunding Strategies
Explore effective crowdfunding strategies for launching a new venture for [Business] with [Product/Service] in [Industry].
Consider various platforms, such as Kickstarter or Indiegogo, and outline critical factors, such as setting compelling funding goals or creating engaging campaign narratives.
Business = [Insert Here]
Product/Service = [Insert Here]
Industry = [Insert Here]📒FINAL NOTE
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