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Hey Edge Family, good morning! OpenAI and Elon Musk are having a war and it looks like OpenAI is winning.
The Breakdown
🚨 Latest Developments
Source: TechTV
Big Takeaway: OpenAI plans to dismiss all claims made by Elon Musk in his recent lawsuit by highlighting his impact on the company’s development and success. (Read emails between OpenAI and Elon here)
OpenAI disclosed that it raised less than $45 million from Musk, contrary to his initial commitment of up to $1 billion, with more than $90 million raised from other donors.
Musk's lawsuit accused OpenAI of deviating from its nonprofit mission to benefit humanity, alleging the company prioritized profits for Microsoft. (Elon’s Tweet reply)
OpenAI realized the necessity of a for-profit entity to acquire resources for artificial general intelligence (AGI) development, leading to disagreements with Musk, which is why he stepped away. There is always some drama with OpenAI.
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Source: Business Insider
Big Takeaway: TurboTax and H&R Block have introduced AI chatbots aimed at assisting users with tax-related queries, but these tools are extremely inaccurate, do not use them!
In multiple scenarios, the chatbots called "Intuit Assist" and "AI Tax Assist" gave wrong answers about filing requirements, cryptocurrency reporting rules, and other tax matters.
In a test by tax experts, TurboTax's bot was incorrect over 50% of the time, and H&R Block's bot was incorrect 30% of the time.
The Washington Post's investigation found that these chatbots often provided incorrect advice, potentially leading to IRS audits for users.
Should you be liable if an AI tax bot gives you wrong information regarding taxes? and why?
🔎 Extra Insights
Meta Platforms suffered a widespread outage on Tuesday morning that prevented thousands of users from accessing Facebook, Instagram, Messenger, Threads, and other apps for around two hours. At its peak, over 500,000 Facebook users reported login issues to outage tracker Downdetector.
The U.S. government has blocked Advanced Micro Devices (AMD) from selling an AI chip designed specifically for the Chinese market, requiring the company to obtain an export license despite the chip being less powerful than versions sold elsewhere.
Former DeepMind researchers Yishu Miao and Ziyu Wang have founded Haiper, an AI video generation startup that has raised $13.8 million with Octopus Ventures as the lead investor. Haiper allows users to create short AI videos from text prompts, with plans to build a core video generation model for commercial use.
💎 3 Top AI Tools
Zapier: Automate complete end-to-end workflows
Anydo: Manage your personal tasks, family projects, and team’s work in one place
Clockwise: AI calendar assistant for everyone
💻 Real Life Use Cases
Chat GPT Prompt: Improve text
Use ChatGPT as your pocket grammar professor and correct any mistakes in your text.
Copy and paste the prompt below:
The following text is about (topic). Correct all the mistakes and incorrect sentence structures. If anything is wrong with the topic, please point out errors. (Insert text here)Here’s a link to the results:
💼 Who’s Hiring in AI
Job Title | Company | Salary Range | Location |
|---|---|---|---|
C3 AI | $184k-$216k | On-site | |
Microsoft | $94k-$182k | On-site | |
Isee AI | N/A | On-site |
🎲 AI Game
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