Welcome to AI Future - your weekly one-stop shop for all things AI.

The fantasies of sci-fi are getting closer and closer as we see AI technologies bringing human capabilities and capacities to new heights.

In the news this week:

• 🤖 Autonomous Software Engineers

• 🤯 3D’s Next Chapter

• 🏰 Disney’s Magical Quest to Cut Costs

• 🩺 AI Keeping Healthcare Providers Sane

• 🚚 Hot, Fast & Autonomously Delivered

📰 AI in the News

MetaGPT: The Dawn of Virtual Software Companies

Imagine a world where you could establish a virtual software company with just a few lines of code. That's the promise of MetaGPT, a revolutionary framework that's making waves on Github. With nearly 10,000 stars, it's clear that this tool is capturing the imagination of tech enthusiasts around the globe.

The magic behind MetaGPT is its ability to emulate the entire software development process. It integrates the roles of product managers, architects, project managers, and engineers, all working in harmony within a virtual environment.

The cost-effectiveness of MetaGPT is another highlight. For just $0.2, which covers the GPT-4 API costs, one can generate a detailed example with analysis and design. Larger projects come in at around $2.0, making it an affordable solution for many.

In essence, MetaGPT is not just a tool; it's a virtual software company, capable of executing complex tasks with precision. As we move forward, MetaGPT symbolizes the future of software development, blending efficiency with innovation. (full story)

Tech Leaders Collaborate for a 3D Revolution

Some of the tech world's heavyweights - Pixar, Adobe, Apple, Autodesk, and Nvidia - are coming together for an exciting project. They're partnering with the Joint Development Foundation to form the Alliance for OpenUSD (AOUSD). Their goal? To enhance and standardize 3D technology for a broader audience.

OpenUSD, crafted by Pixar, is a sophisticated tool for creating 3D scenes. It's like a powerful platform for 3D design. It's already impressive, but with this collaboration, its capabilities are set to expand even further.

The AOUSD initiative aims to make OpenUSD a central tool for 3D projects. This means that in the future, when there's a need for 3D design, OpenUSD will be the top choice. Plus, it's designed to work well with other software, streamlining the entire design process.

So, why is this significant? As 3D technology becomes more integrated into our daily lives, from movies to games and beyond, a standardized tool like OpenUSD ensures consistent quality and innovation. It paves the way for richer visual experiences and more interactive content. (full story)

Autonomous Delivery Startup, Serve Robotics, set to IPO

🍕 Next-Gen Pizza Delivery? Robots Could Be Knocking On Your Door! 🍕

Serve Robotics, the autonomous delivery robot startup born from Uber’s acquisition of Postmates, is making headlines by going public through a reverse merger with Patricia Acquisition Corp. This significant move was bolstered by a $30 million funding round, with major contributions from industry leaders like Uber, Nvidia, 7-11, and Delivery Hero.

Key Highlights:

• Post-merger, Uber and Nvidia hold stakes of 16.2% and 11% in Serve Robotics, respectively.

• Originally known as Postmates X, the company's robots began delivering in Los Angeles in 2018. By 2020, a commercial service was launched.

• With a vision to expand their current 100-robot fleet, Serve Robotics has a commercial agreement with Uber Eats to deploy up to 2,000 robots.

For Tiferes Ventures, this association with a pioneering company like Serve Robotics underscores a commitment to innovation and the vast potential of autonomous technology. (full story)

More Stories

• Disney Dives into AI: A Magical Quest to Cut Costs! (link)

• Universal Music Group is in licensing discussions with Google over the potential use of AI for voice cloning of artists (link)

• Pak ‘n’ Save's AI meal planner app mistakenly suggested a recipe that could produce chlorine gas (link)

• A new AI algorithm, HelioLinc3D, successfully detected a potentially hazardous asteroid that had previously gone unnoticed by human observer. (link)

• AI takes center stage in 2023's Cloud 100 Report, with emphasis on generative AI products and features (link)

• Futureverse introduces Jen, a new AI model for text-to-music generation, set to revolutionize the music industry (link)

• Anthropic unveils Claude Instant 1.2, an enhanced text-generating AI model with improved capabilities (link)

• GPT-4 outperforms other large language models in real-world tasks, study reveals (link)

• America's chipmaking resurgence under scrutiny as the CHIPS Act marks its first year (link)

• Human toddlers inspire new robotic learning methods, blending active and passive learning (link)

💡 Industry Insights

🏥 Healthcare

Automated Microscopes: Leveraging AI, researchers introduce an automated microscope system that achieves an impressive 88% accuracy in diagnosing malaria. (link)

AI Combatting Doctor Burnout: Hospitals, including Baptist Health, are turning to AI solutions like Microsoft's Nuance DAX app to reduce administrative burdens on doctors, aiming to prevent burnout and enhance patient care. (link)

LabGenius Breakthrough: Harnessing AI and robotics, the company unveils a method that rapidly designs and tests medical antibodies, revealing unique solutions often missed by traditional methods. (link)

Healthcare AI Strategy: While a majority of health system executives believe generative AI will transform the industry, only 6% have an actionable strategy, despite the technology's potential to address rising costs and improve efficiency. (link)

AI Diabetes Diagnosis: Emory University researchers have developed a deep learning model that detects early signs of diabetes using routine chest radiographs, achieving potential early diagnosis years before traditional methods. (link)

AI in Radiology: Harvard Medical School researchers reveal a method to evaluate the accuracy of AI-generated radiology reports, emphasizing the importance of reliable metrics for clinical trust and tool improvement. (link)

🏠 Real Estate

AI Buying & Selling: Proptech startup Termsheet introduces Ethan, a generative AI tool trained to assist real estate firms in decision-making by recommending which properties to buy or sell. This innovative tool, designed to replicate the tasks of a real estate analyst, is already being utilized by companies with properties valued at a combined $100 billion. (link)

Real Estate AI Award: Restb.ai was recognized as the 2023 Inman Innovator Award Winner for Top Technology in real estate, showcasing AI's significance in the industry. Restb.ai uses artificial intelligence to help real estate companies understand and analyze property photos at scale, providing actionable insights for the valuation industry. (link)

AI Revolutionizes Commercial Real Estate: Minneapolis' EXtrance employs AI and machine learning to reshape commercial real estate sales and investments. Founder William Lively, combining real estate and technology expertise, streamlines decision-making for institutional funds. AI automates analysis, processes big data, and generates insightful reports, boosting efficiency and innovation. (link)

👩‍⚖️ Legal

Gunderson's Gen AI App: Gunderson Dettmer introduces ChatGD, its proprietary generative AI chat app. This tool aids attorneys in querying documents using OpenAI's models via Microsoft Azure, with the added power of retrieval-augmented generation (RAG) for context-rich results. ChatGD showcases Gunderson's commitment to marrying legal expertise with technology for the innovation economy. (link)

AI Bias in Hiring: EEOC settles first AI-bias case, marking a milestone in addressing AI-driven discrimination. China-based iTutorGroup to pay $365,000 for automatically excluding job candidates over 55, highlighting potential age bias. Experts anticipate more nuanced cases and expect candidates to file AI bias suits. Employers advised to rigorously screen vendors, ensuring diverse datasets and unbiased language sets. Ignorance not an excuse; companies remain accountable for AI tools they deploy. (link)

ProSearch's Document Review Shift: E-discovery provider ProSearch introduces new Review Services, to enhance review processes and streamline early protocol building, reviewer selection, and summarization of reviewed documents. (link)

Filevine's ImmigrationAI Launch: Legal tech provider Filevine introduces ImmigrationAI, an AI-powered document filing tool aimed at streamlining the U.S. Citizenship and Immigration form filing process for immigration attorneys. The tool utilizes existing data within Filevine's systems to automate form completion, reduce redundancies, and save time for attorneys. (link)

🔐 Cyber Security

$18.5M in Prize Money: DARPA has launched the AI Cyber Challenge, a two-year contest to bolster AI-driven cyber defenses for open-source software, with $18.5 million in prizes up for grabs. (link)

AI Password Cracking Study: Recent study of over 15M passwords showed that AI can crack 51% of common passwords in less than a minute and 81% of common passwords in less than a month. (link)

AI Security Challenges: As generative AI tools like Microsoft's Copilot become more integrated into businesses, leaders grapple with potential cybersecurity risks. Concerns range from data exposure to vulnerabilities in AI-generated code. (link)

AI Red Teaming: Microsoft delves into the challenges and importance of "red teaming" AI models like GPT-4. While traditional red teaming is deterministic, AI red teaming deals with probabilities, making it more complex. (link)

📈 Venture Deals

• Musk’s Nuerolink Raises $280 million ($5 billion valuation) from Thiel’s Founders Fund. (link)

• Hive AI is seeking $200 million in funding (2 billion valuation) to utilize AI for moderating digital content. (link)

• Cube3AI: A web3 security startup, emerged from stealth mode and secured $82 million in seed funding. (link)

• Simon Data: An AI-powered customer data platform that combines analytics and marketing automation features, secured $54 million in funding. (link)

• Weights & Biases: A company that counts OpenAI as a customer, secured $50 million in funding ($1.25 billion valuation). (link)

• Tractian raises $45 million in series B to leverage AI to help businesses maintain and operate their equipment more efficiently. (link)

• Horizon3 AI: A company that focuses on AI-driven defense, secured $40 million in funding. (link)

• Virtualitics, an AI driven data insights platform, secured $37 million in series C (link)

• Deepset.ai Secured $30 million in Funding for Building Enterprise Apps Powered by Large Language Models (link)

• Middleware raises $6.5 million in seed funding to transform cloud observability with AI (link)

• Gomboc.ai Raises $5 million to Secure Cloud Services (link)

• Dropzone AI Secured $3.5 million in Seed Funding to Reinforce the Frontlines of Security Operations Using LLMs (link)

• Multiplayer Emerges with $3 million in Funding to Transform Distributed Software Development with AI (link)

🛠️ Latest AI Tools

• Letsrecast.ai reproduces written content into an audio dialogue

• Talknotes.io : Voice memos with superpowers.

• Blogtopod.com: Turn your blog into a podcast with AI.

• Sanebox.com: Easily organize your inbox

• Tinyeinstein.ai: AI-Powered email marketing assistant for Shopify

• Autopia-labs.com: Jira workflow automation

• Threado.com: Customizable chatbot for audience/community building

• Framer.com another new No-Code landing page builder

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