šŸ¤– OpenAI Partners With Moderna

PLUS: SenseTime’s SenseNova 5.0 Beats OpenAI’s GPT-4 Turbo, Apple’s OpenELM for On-Device AI?!

Welcome back AI enthusiasts!

In today’s AI Report:

  • šŸ¤OpenAI Partners With Moderna

  • šŸ‡ØšŸ‡³SenseTime’s SenseNova 5.0 Beats OpenAI’s GPT-4 Turbo

  • šŸŽApple’s OpenELM for On-Device AI?!

  • šŸ› 5 Trending Tools

  • šŸ’°Venture Capital Updates

  • šŸ’¼Who’s Hiring?

Read Time: 3 minutes

šŸ—žRECENT NEWS

OPENAI

šŸ¤OpenAI Partners With Moderna

Image Source: Anthony Quintano/Moderna COVID-19 Booster Shot

OpenAI partnered with Moderna to deploy ChatGPT Enterprise to thousands of employees across the company, accelerating the development of life-saving mRNA treatments.

Key Details:
  • Moderna’s custom ChatGPT Enterprise tackles tasks like predicting optimal drug doses, augmenting clinical trial developments, and streamlining patient communication.

  • Moderna boasts 750 GPTs, which are tailored versions of OpenAI’s ChatGPT for specific tasks. For example, the Policy Bot GPT helps employees receive quick answers about internal policies.

  • CEO of Moderna StĆ©phane Bancel explained: ā€œIf we had to do it the old biopharmaceutical way, we’d need a hundred thousand employees.ā€ Now, a team of 1,000 researchers can perform like a group of 100,000 employees.

Why It’s Important:
  • Moderna’s ChatGPT Enterprise leads to the faster development of life-saving mRNA therapies by automating mundane tasks and accelerating data insights.

  • OpenAI’s enterprise revenue model through corporate partnerships creates a direct revenue stream for ChatGPT. OpenAI is expanding its value propositions to include identifying AI-related issues within companies.

🚨Watch OpenAI’s Moderna partnership video here.

🩺 PULSE CHECK

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SENSETIME

šŸ‡ØšŸ‡³SenseTime’s SenseNova 5.0 Beats OpenAI’s GPT-4 Turbo

Image Source: Aly Song/REUTERS

Chinese technology firm SenseTime launched SenseNova 5.0, an advanced language model that excels in creative writing, human reasoning, and mathematical computation.

Key Details:
  • Sense Nova 5.0 is built on a three-tier Knowledge, Reasoning, and Execution (KRE) architecture that relies on a Mixture of Experts (MoE): several smaller AI models that are mini-experts on a specific task.

  • The 600 billion parameter AI model features a 200K context window that was trained on over 10TB of synthetic data.

  • Also, SenseTime’s new ā€œCloud-to-Edgeā€ full-stack large model product matrix ensures the seamless operation of AI models across various platforms.

Why It’s Important:
  • SenseTime has equipped Sense Nova 5.0 to operate seamlessly across various devices, including phones and tablets, by integrating edge computing solutions that reduce cloud server dependency.

  • Sense Nova 5.0’s impressive scores across performance benchmarks suggest China’s AI developments are much closer to competing with the U.S. than previously realized.

AI RESEARCH

šŸŽApple’s OpenELM for On-Device AI?!

Apple researchers developed OpenELM, an efficient open-source language model family designed to run locally on iPhones, MacBooks, and iMacs.

OpenELM leverages a layer-wise scaling strategy to allocate processing power to different parts of the language model family, scaling efficiency and enhancing accuracy.

OpenELM consists of eight language models with four unique parameter sizes, all trained on public datasets:

  1. 270 Million Parameters

  2. 450 Million Parameters

  3. 1.1 Billion Parameters

  4. 3 Billion Parameters

šŸ› TRENDING TOOLS

šŸ“øPhotomyne digitizes, enhances, and animates old photos.

šŸ“ŠTubeBuddy is the ultimate growth tool for YouTube channels.

šŸ’»WorkOS adds enterprise-ready features with a few lines of code.

šŸ“‘Cascade scales company-wide knowledge in seconds to boost team productivity.

šŸ“†Notta converts meetings and interviews into searchable text.

šŸ”®Browse our always Up-To-Date AI Tools Database.

šŸ’°VENTURE CAPITAL UPDATES

  • Xaira raises $1B to build a drug discovery platform.

  • Dropzone AI secures $16.85M to build autonomous cybersecurity AI agents.

  • Eric Schmidt-backed Augment, a GitHub copilot rival, launches out of stealth with $252M.

šŸ’¼WHO’S HIRING?

  • Live Nation Entertainment (Los Angeles, CA): Data Science Analytics Intern, Summer 2024

  • Instawork (San Francisco, CA): Client Platform Intern, Summer 2024

  • Persona (San Francisco, CA): Software Engineer, New Grad

  • Stride (Remote): Software Engineer, New Grad

  • AE Studio (Los Angeles, CA): Partner Development

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šŸ“’FINAL NOTE

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