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- 🧑💻 AI2 Incubator Secures $200M for AI Startups
🧑💻 AI2 Incubator Secures $200M for AI Startups
PLUS: Don't Miss the Revolution Of AI!
🤖 Welcome, AI enthusiasts.
Exciting news! AI2 Incubator, a spin-off from the Allen Institute for AI, has clinched a monumental $200 million compute deal…
Here's what you need to know:
📰 In today’s Unbound:
🤖 AI2 Incubator Secures $200M for AI Startups
🤖 Don't Miss the Revolution Of AI!
🏈 AI's Impact on Climate Change
🧩 Researchers Unveil ArtPrompt
💼 3 new AI tools & 4 new AI jobs
📰 More AI & tech news
🚀 LATEST DEVELOPMENTS
AI & NEW TOOLS
Image Source: AI2 Incubator
🔍 The Inside Scoop: AI2 Incubator, a spin-off from the Allen Institute for AI, has clinched a monumental $200 million compute deal to fuel the growth of burgeoning AI startups within its program. This substantial investment aims to provide startups with the computational resources crucial for accelerating their early-stage development.
🔑 Key points:
AI2 Incubator has nurtured over 30 startups and raised a $30 million fund in the previous year
The $1 million compute allocation is particularly beneficial for pre-seed startups, covering a diverse range of compute needs.
Jacob Colker, Managing Director, highlights AI startups' need for compute resources to overcome limitations in early traction caused by standard API training options.
Colker underscores that the partner doesn't receive preferential treatment or access to the startups beyond being their initial compute provider
🔗 The relevance: This significant compute injection by AI2 Incubator underscores the pivotal role of computational resources in propelling AI startups toward success.
AI & OPENAI
Image Source: Boris SV
🔍 The Inside Scoop: Sunnyvale-based startup Brevian is stepping into the spotlight, unveiling its no-code enterprise platform aimed at empowering business users to construct custom AI agents. With a focus initially on support teams and security analysts, Brevian is set to broaden its scope in the future. The company's debut comes alongside the announcement of a substantial $9 million seed funding round.
🔑 Key points:
Brevian, stylized as BREV/ΛN, was founded by Vinay Wagh (CEO) and Ram Swaminathan (CTO), bringing together diverse backgrounds in product management.
Wagh, formerly of Databricks and Bracket Computing, was inspired by the potential of AI in the enterprise.
Swaminathan's expertise spans academia, Bell Labs, HP Labs, and LinkedIn, with a focus on machine learning, cryptography, and AI trust.
Felicis Ventures leads Brevian's seed funding round, signaling a significant investment in AI applications amid a shifting landscape.
🔗 The relevance: Brevian's emergence signifies a pivotal moment in enterprise AI, promising to democratize AI adoption and revolutionize workflows across industries.
AI & Innovation
Image Source: Getty Images
🔍 The Inside Scoop: Environmental groups caution against overestimating AI's potential in tackling climate change, highlighting its likely role in escalating energy consumption and propagating climate misinformation.
🔑 Key points:
AI's computational complexity poses a challenge, with AI queries requiring up to 10 times more computing power than regular online searches.
Google, a leader in AI with Bard (now Gemini) and traffic light optimization, projected a 10% global emission reduction by 2030.
The report predicts a significant surge in energy consumption from data centers supporting AI operations.
AI's computational complexity poses a challenge, with AI queries requiring up to 10 times more computing power than regular online searches.
🔗 The relevance: While AI shows promise in tasks like climate modeling and wildfire prediction, concerns regarding energy consumption and misinformation warrant careful consideration moving forward.
AI & ERRORS
Image Source: Daily AI
🔍 The Inside Scoop: A groundbreaking jailbreak attack dubbed ArtPrompt has been developed by researchers, allowing bypassing of guardrails in Language Model (LLMs) using ASCII art. ArtPrompt successfully infiltrated GPT-3.5, GPT-4, Gemini, Claude, and Llama2, exposing vulnerabilities in these models.
🔑 Key points:
ArtPrompt utilizes ASCII art representations of typically restricted words or phrases in prompts, effectively bypassing the guardrails of LLMs.
The construction of prompts in ArtPrompt directs LLMs to analyze ASCII art representations, diverting attention from flagged content.
Despite lacking multi-modal abilities, LLMs successfully decipher ASCII art representations, underscoring the effectiveness of the attack.
The researchers advocate for developers to address this vulnerability, emphasizing the need for robust defenses.
🔗 The relevance: ArtPrompt exposes a significant security flaw in LLMs, challenging conventional safety measures reliant on semantic analysis.
⚒ NEW TOOLS & JOBS
AI Tools
Athena: It acts like an elite assistance. To increase productivity
Ema: A trustworthy AI employee that automates complex workflows & boosts productivity.
Photoshift: Swap your product into a midjourney scene for a customised product photo.
Augie Storyteller: Ultimate tool for captivating bedtime stories
Promptly: Build generative AI apps, agents, and chatbots in just a few minutes.
AI Jobs Powered By The Unbound AI
Autodesk: Senior Program Manager, Trusted AI
Siemens Corp: Business Analyst - AI (Hybrid)
Dematic: Sr. AI Scientist
Get.It Recruit: Senior Manager, Generative AI Product Engineering
The MITRE Corporation: Group Leader, AI Safety Intelligence & Assurance
⚡ QUICK HITS
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Following the release of its quarterly financial results, BigBear.ai experienced a notable setback as its stock plummeted by 22% in after-hours trading.