An AI Miracle & ChatGPT is Bullshit

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Welcome to the newsletter that keeps you updated on the latest developments at the cutting edge of AI by breaking down the most advanced systems in the world & the hottest news in the industry.

10-minute weekly reads.

🚨 Week’s Update 🚨

Welcome back! This week, we have news from Figma, OpenAI, AI-generated ads, and an exciting way to kill hallucinations.

Figma has launched a series of AI features (video included) that help users with prototyping.

I wanted to share this because Figma is one of those great examples on how to survive AI. Instead of AI being the product, AI makes the product better.

It’s those types of business models the ones that will outlive AI; the others, well, not.

Toys” R” Us has launched an entirely AI-generated ad telling the life of its founder, Charles Lazarus.

The scenes are so obviously AI-generated that it’s very creepy, and serves as a stark reminder that

1. humans are still needed in the loop,

and 2. video models don’t understand the world.

I already shared with Premium members that Etched has raised $120 million from investors such as Peter Thiel to create the first Transformer ASIC. In layman’s terms, they are creating the first-ever chip specifically designed to run Transformer architectures, (like ChatGPT), and nothing more.

All frontier AI models today, ranging from ChatGPT to autonomous driving vehicles, are based on the Transformer.

That said, creating an Application-Specific Integrated Circuit (ASIC) is a bold move, as if for whatever reason the Transformer falls out of grace, this company is dead (acknowledged by the CEO).

Imbue, a company that has raised hundreds of millions of dollars to create agents that can reason and code, has released a 70B model that outperforms GPT-4o zero-shot (giving the models no examples to context from) in a series of benchmarks, a very impressive feat.

It’s an interesting find because the key to this performance seems to be on the training procedure (which they have fully open-sourced).

Moreover, it signals how the industry is obsessively going larger while there’s so much room for improvement at smaller sizes.

Moving on, OpenAI has delayed its much-expected ‘voice mode’ from June to at least the Fall of this year, adding to the company's long list of delays.

I’m a ChatGPT user, let me be clear.

That said, I really prefer Anthropic’s approach to releasing products; they announce and release at the same time. OpenAI, in pure Silicon Valley style, promise the world in exchange for continuous delays.

Lamini, a start-up enterprise LLM platform, has released a research paper that claims it can reduce hallucinations by up to 95% through a new type of fine-tuning.

If this is true, this is HUGE.

If nonexistent demand is the main reason AI is in a bubble, hallucinations are the reason demand is faltering. If this method really increases reliability up to 95%, that’s Ulysses sirens for companies.

Finally, on the latest round of ‘please don’t make this…

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