A Crazy Week in AI: July 10th, 2024

In today's episode of the Daily AI Show, co-hosts Beth, Andy, Karl, and Jyunmi discussed various AI-related news stories making headlines this week. They covered topics ranging from a significant funding round for a promising AI company to innovations in AI-generated content, quantum computing advancements, new AI playgrounds, and regulatory updates in AI applications.

Key Points Discussed:

Hebia.ai's Major Funding Round:

• Andy shared exciting news about Hebia.ai, an AI company that raised $130 million in Series B funding from prominent investors like Andreessen Horowitz, Google Ventures, and Peter Thiel.


• Hebia.ai is already deployed at scale in major asset management companies, law firms, banks, and Fortune 100 companies, contributing significantly to OpenAI's daily inference volume.


• The company focuses on creating AI that works like a human, particularly in data analysis tasks, with a user interface resembling a spreadsheet.

AI-Generated Content Platforms:

• Jyunmi highlighted DreamFlare, a new platform for AI-generated video content, aiming to monetize AI-generated creations while compensating creators.


• He also mentioned the University of Tokyo's development of a genetic algorithm for phononic crystals, crucial for quantum computing hardware, which promises advancements in the field.

AI Tools and Platforms:

• The team discussed Anthropic's new AI playground for prompt engineering, which allows users to test multiple versions of prompts simultaneously.


• They also covered Anthropic's artifact-sharing feature, enabling users to publish and remix AI-generated artifacts, fostering collaborative AI development.

Regulatory and Market Developments:

• Beth discussed Japan's defense ministry releasing a policy on AI use in military applications, explicitly ruling out autonomous lethal weapons.


• OpenAI's recent move to block access to its tools and services in China, prompting local AI companies to offer incentives to fill the gap, was also covered.

Miscellaneous AI News:

• OpenAI and Thrive Capital's partnership to create an AI Health Coach, providing users with advice on sleep, nutrition, fitness, stress management, and social connection.


• OpenAI's observer seats on the board being declassified, with Microsoft resigning its observer seat amid restructuring of strategic partnerships.

Lighthearted AI Innovations:

• Andy concluded with a positive note on a new AI framework for optimizing traffic signal control systems, potentially improving daily commutes by efficiently managing traffic flow.