šŸ¤– Teslaā€™s Robotaxi Reveal

PLUS: OpenAI CEO Sam Altmanā€™s $1 Billion AI Device Startup, More Agents = Smarter AI Systems?

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Welcome back AI enthusiasts!

In todayā€™s AI Report:

  • šŸš•Teslaā€™s Robotaxi Reveal

  • šŸ¤ÆOpenAI CEO Sam Altmanā€™s $1 Billion AI Device Startup

  • šŸ“ŠMore Agents = Smarter AI Systems?

  • šŸ› 5 Trending Tools

  • šŸ’°Venture Capital Updates

  • šŸ’¼Whoā€™s Hiring?

Read Time: 3 minutes

šŸ—žRECENT NEWS

TESLA

šŸš•Teslaā€™s Robotaxi Reveal

Image Source: lucre101/Flickr

Elon Musk announced that Tesla will reveal a fully autonomous Robotaxi ridesharing service on August 8th, 2024.

Key Details:
  • On Friday, Reuters reported that Teslaā€™s inexpensive entry-level car was no longer being built, disappointing investors relying on the project to fuel company growth.

  • Musk quickly called the Reuters report ā€œa lie,ā€ and supporters highlighted that Tesla shares fell nearly 5%, claiming market manipulation by the media.

  • Musk hinted that Teslaā€™s entry-level $25,000 car and the Robotaxi service were built on the same platform. However, the company shifted more resources to the Robotaxi efforts after the FSD V12.3.3 update achieved impressive real-world results.

  • Tesla recently surpassed a billion miles driven by its Full Self-Driving (FSD) vehicles.

Why Itā€™s Important:
  • Reuters forced Musk to reveal Teslaā€™s Robotaxi roadmap to rebound the 5% loss in share value. This roadmap hints toward Tesla pioneering emerging markets such as driverless ridesharing.

  • Muskā€™s xAI startup and X platform provide sentiment analysis, real-time data, and AI research to enhance Teslaā€™s network of cameras, ultrasonic sensors, and radar.

SAM ALTMAN

šŸ¤ÆOpenAI CEO Sam Altmanā€™s $1 Billion AI Device Startup

Image Source: Steven Jennings/Getty Images for TechCrunch

OpenAI CEO Sam Altman and former Apple designer Jony Ive seek $1 billion from high-profile investors to design AI-powered devices.

Key Details:
  • The proposed device wonā€™t resemble traditional mobile devices like smartphones, tablets, or laptops and will likely integrate with OpenAIā€™s conversational chatbot.

  • Jony Iveā€™s company, LoveFrom, a creative collection of designers, architects, musicians, filmmakers, writers, engineers, and artists, includes 20 former Apple employees.

  • Emerson Collective and Thrive Capital are among the potential investors. SoftBank CEO Masayoshi Son is reportedly offering over $1 billion and access to ARM, the semiconductor chip designer.

Why Itā€™s Important:
  • This partnership could disrupt established hardware giants from developing competitive on-device AI systems.

  • Altmanā€™s various side projects could highlight his inability to prioritize core business activities by spreading his resources too thin with these different initiatives.

šŸ©ŗ PULSE CHECK

What form factor will Altman and Iveā€™s AI-powered devices take?

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AI RESEARCH

šŸ“ŠMore Agents = Smarter AI Systems?

Cornell researchers discovered that the performance of Large Language Models (LLMs) scales with the number of agents when leveraging a sampling-and-voting method.

LLMs excel in many areas but struggle with complex tasks requiring precise reasoning. Recent solutions focus on sophisticated ensemble methods or complex frameworks.

Cornell researchers created a sampling-and-voting method that generates multiple outputs from LLMs and uses majority voting to determine the final response.

The agents tackle different components of the prompt independently. Then, the answers are combined using the sampling-and-voting method to determine the best overall solution.

Smaller LLMs matched or outperformed larger LLMs when scaling up the number of agents. For example, when using Metaā€™s Llama 2, the 13 billion parameter version beat the 70 billion parameter version on specific tasks.

šŸ› TRENDING TOOLS

šŸ“±Anakin is a one-stop AI app platform that generates content, images, videos, and voice.

šŸ’»MyMemo organizes, analyzes, and retrieves your digital knowledge seamlessly.

āš™ļøMetaforms generates forms for feedback, surveys, and research.

šŸ§€Alai helps technology professionals craft high-quality slides in minutes.

šŸ›’Promet revolutionizes financial intelligence and decision-making with strategic tools and precision valuation.

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

šŸ’°VENTURE CAPITAL UPDATES

  • Lil Snack raises $3.1M for bite-sized games built by developers with AI tools.

  • SydeLabs secures $2.5M to develop AI security solutions for enterprises.

  • Blockchain-focused Polychain Capital invests $25M in an AI firm.

šŸ’¼WHOā€™S HIRING?

  • Openmesh (New York City, NY): Big Data Intern, Data Processing and Analytics, Summer 2024

  • Cadence (Austin, TX): Product Engineering Intern, Summer 2024

  • Tesla (Fremont, CA): Data Analytics, Supply Chain, Fall 2024

  • SpaceX (Hawthorne, CA): Business Operations Intern/Co-op, Fall 2024

  • Anthropic (San Francisco, CA): Research Engineer, Knowledge Bases

šŸ¤–PROMPT OF THE DAY

HANDLE WORK PRESSURE

šŸ˜¬High-Stakes Situations

How do I handle [Business Situation] when [Stakes] are involved? Provide me with 5 methods to solve the situation while maximizing returns and minimizing blowback.

Business Situation = [Insert Here]

Stakes = [Insert Here]

šŸ“’FINAL NOTE

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