🤖 Google Gemini Demo Video Controversy

PLUS: Rakuten Plans to Launch Proprietary AI Model

Welcome back AI enthusiasts!

In today’s AI Report:

  • 🚨Google Gemini Demo Video Controversy

  • 🚀Rakuten Plans to Launch Proprietary AI Model

  • 🛠5 Trending Tools

  • 💰Venture Capital Updates

  • 💼Who’s Hiring?

Read Time: 3 minutes

🗞RECENT NEWS

GOOGLE

🚨Google Gemini Demo Video Controversy

Image Source: Anna Moneymaker/Getty Images

Google faces backlash over its heavily edited demonstration video for the Gemini multimodal AI model.

Key Details:
  • Last Wednesday, Google launched Gemini, an AI system with human reasoning and complex task assessment to rival OpenAI’s GPT-4.

  • The six-minute video included Gemini’s ability to recognize the difference between visual pictures and physical objects.

  • In reality, frames were removed from the original footage and replaced with written prompts for Gemini inputs off-camera, enhancing the AI model’s outputs.

  • The demo’s content wasn’t collected in real-time. Instead, fixed images and conditioned text prompts created the illusion of “a smooth voice conversation with Gemini.”

Why It’s Important:
  • Earlier this month, The Information reported that Google scrapped plans for in-person events to launch Gemini, eventually settling on a virtual launch.

  • Google’s in fierce competition with Microsoft-backed OpenAI’s GPT-4. The technology giant has been struggling to recover from Google Bard’s shortcomings and monetize AI software to benefit G Suite offerings (i.e., Gmail, Drive, Docs, Calendar, etc.).

FOREIGN MARKETS

🚀Rakuten Plans to Launch Proprietary AI Model

Image Source: Tomohiro Ohsumi/Getty Image News

Japan’s fintech-to-e-commerce giant Rakuten plans to launch its proprietary language model to provide structures for massive data sets.

Key Details:
  • Rakuten possesses various businesses, including banking operations, e-commerce platforms, and telecommunications.

  • These businesses collect “very unique” data to train Large Language Models (LLMs). Rakuten CEO Hiroshi Mikitani plans to package this data for companies to access to improve operational efficiencies.

  • The company also plans to develop an internal AI system to improve communication channels and marketing efforts by 20%.

Why It’s Important:
  • Major U.S. and Chinese technology firms have been launching conversational AI chatbots. Notable U.S. companies include OpenAI’s ChatGPT, Google’s Bard, and Anthropic’s Claude 2. Noteworthy Chinese agencies include Baidu’s Ernie Bot and Tencent’s Hunyuan model.

  • Japanese firms must catch up, and Rakuten intends to enter the global AI race with authority.

🛠TRENDING TOOLS

🍰Openlayer provides Slack or email alerts for when your AI fails.

📆Vimcal is the world’s fastest calendar, designed to give you control over your time.

📊SheetAI develops formulas for Google Sheets and implements AI-driven functions to automate tasks and generate insights.

🛒Penny is a personal shopping assistant that helps you shop smarter and save more easily.

🏀Hoops provides instant, real-time-generated trading ideas tailored to fit you perfectly.

💰VENTURE CAPITAL UPDATES

  • San Francisco startup MaintainX raises $50M to bring AI to industrial operations.

  • Solvento secures $53.5M to implement AI-powered trucking solutions and expand financial inclusion.

  • AutogenAI raised $39.5M from Salesforce to automate writing proposals.

💼WHO’S HIRING?

  • Uber (San Francisco, CA): Data Scientist Intern, Summer 2024

  • IEX Group (New York, NY): Systems Reliability Engineering Intern, Summer 2024

  • Hugging Face (Remote): Biomedical Machine Learning Engineer Internship, Summer 2024

🤖PROMPT OF THE DAY

PRODUCT LAUNCH

🏁Curiosity to Conversions

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📒FINAL NOTE

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