Good morning! Here's your AI Trends dose, the newsletter that operates like a seasoned chess master. We strategize, plot, and selectively maneuver pieces, ensuring you always have the upper hand in the grand game of AI, tech, and innovation.

Prepare to checkmate with today's leading news:

OpenAI Announces GPT-4 Turbo, Their Most Powerful AI Yet 🧠🚀

OpenAI, the company behind the popular Artificial Intelligent chatbot ChatGPT, has dropped groundbreaking news again - a new chatbot model named GPT-4 Turbo. But wait, there's more. The company also announced a considerable price reduction for all those developers who wish to leverage their technology. Curious? So are we.

Let's start with the digital elephant in the room, GPT-4 Turbo. This new and improved model will have access to updated information up to April 2023, surpassing its predecessors which stopped at January 2022. And in a remarkable twist in the plot, GPT-4 can handle inputs of around 300 pages. Yes, that's right, you could potentially summarize whole books with this thing! Here's an additional bombshell: All OpenAI products, such as the image generator DALL-E, will be available through ChatGPT. It's now becoming a Swiss Army knife.

💡 You could say that OpenAI just put the pedal to the metal!

Moving from the race track to the online store, OpenAI also launched a dedicated portal where app developers utilizing GPT can showcase and sell their products. In the download content economy, developers can now effectively 'ride the wave' of GPT and gain some cool profits in the process.

The news will delight developers and has us, the spectators, excited for the amazing innovations that are sure to follow this announcement. OpenAI clearly has grand aspirations and is eyeing its piece of the AI pie in the digital world. But what about GPT-5? All is quiet on that front, at least for now. However, we can't wait to see what OpenAI has in store for the future. Pass the popcorn! This AI show is about to get pretty interesting.

Startups Squeeze the Most Out of Artificial Intelligence: From Idea to Implementation 🚀🤖

The debut of ChatGPT, one of the most advanced technologies in generative Artificial Intelligence, has forever changed decision making in businesses. From the humblest corner to the most powerful conference room, everyone is seeing the incredible opportunities this technology brings. It is estimated that it could generate a 1.5% increase in global productivity and a $7 trillion increase in GDP. Undoubtedly, the economic implications are massive and have reshaped business priorities for the coming decades, even generations.

Speaking of doors, ChatGPT has opened a big and bright one towards a new creative thinking in all industries. However, of course, every revolution has its challenges and sometimes those are in the most unexpected corners. In this case, we're talking about the problem of "hallucinations"; sometimes ChatGPT can fall into the making of inaccurate information. Don’t worry, these are usually harmless errors, easy to correct by improving the information provided for system learning or by introducing a human supervisor.

🤖 ChatGPT hallucinating? Make sure it's not consuming excess bits... in the dark corners of the web.

Obviously, in financial decision making, the accuracy of data and trust in the information are fundamental. While it can be a bit annoying for ChatGPT to give an inaccurate answer to non-critical instructions, data errors in an investment portfolio could translate into lost revenue, regulatory breaches, and a complete mistrust in technology. Nobody wants that.

Fortunately, technologists can take a step back and ask the right questions to unlock the true power of generative Artificial Intelligence. Thus, not only can we continue reaping the incredible benefits of this technology, but also maintain a high level of data integrity and accuracy. Until then, we will keep dreaming about the gigantic impact that ChatGPT can have on our economic and productive future.

Olympus Unveiled: The New Giant of Amazon's Artificial Intelligence is Here! 🏔️🤖

Amazon has made a monumental leap towards the peak of artificial intelligence with the announcement of its "Olympus" project. Following in the footsteps of OpenAI and Alphabet, the e-commerce pioneer sets its sights on creating its own monumental language model, backing the initiative with several millions of dollars.

Olympus promises to be nothing less than monumental. Set your GPS on two trillion different parameters, a figure that overshadows the impressive GPT-4 of OpenAI based on a modest trillion parameters (yes, we just called a trillion 'modest'!). These parameters are values determined during AI training and serve as the starting point for this ambitious project.

🏔️ It seems that Amazon takes the Olympic torch in the AI race!

The chosen climber to lead this bold expedition is Rohit Prasad, former director of Alexa. In his role as Chief Scientist for General Artificial Intelligence (AGI), Prasad has already assembled a team of star researchers, including AI veterans from Alexa and the scientific team from Amazon to code their way to the top of Olympus.

As for when we'll see the dawn of Olympus, Amazon has yet to reveal a release date. However, what is clear is that Amazon is investing significantly in large-scale language models and generative AI. And knowing how acclaimed Amazon is for their giant leaps in technology, we can expect a staggering spectacle when Olympus finally sees the light of day.

AI Bites 🍪

An AI just negotiated a contract for the first time ever — and no human was involved. In a world first, artificial intelligence demonstrated the ability to negotiate a contract autonomously with another artificial intelligence without any human involvement.

Samsung launches generative AI model made for its devices, beating Apple to the punch. Samsung Electronics on Wednesday introduced a new generative artificial intelligence model called Samsung Gauss.

China's Xi urges countries unite in tackling AI challenges. Chinese President Xi Jinping says potential risks associated with artificial intelligence are challenges that countries should deal with together.

Watch this, thank me later... 👀

A startup has created a device they call Halo which is a wearable headband aimed at allowing people to experience the feeling of being in a lucid dream.

A lucid dream is a strange thing indeed, it's essentially like being fully awake but inside the dreamworld, you can do literally anything you want as you're completely aware compared to normal dreams where you feel more like a passenger just in for the ride 👇

^{The content of this newsletter is for educational and informational purposes only and should not be construed as financial advice. Conduct your own research or consult a financial professional before making investment decisions.}