Trending AI news stories + papers

Today's Top AI news stories and papers

AI news stories

1. Anthropic to Raise $750 Million in Menlo Ventures-Led Deal

   Anthropic, an AI startup known for developing the Claude chatbot, is discussing raising $750 million in a funding round led by Menlo Ventures, aiming to reach a valuation of $15 billion, excluding the new investment. This valuation could increase to over $18 billion. The substantial rise in valuation, more than three times its worth earlier this year, underscores the strong investor confidence in Anthropic. The deal also highlights the continued interest of venture capitalists in revenue-generating AI companies and positions Anthropic as a significant competitor to OpenAI, especially with added support from major cloud providers.

2. UK Supreme Court rules AI is not an inventor

   The UK Supreme Court has ruled that AI cannot be recognized as an inventor for patent purposes, affirming that only humans or companies can hold this status. This decision came in response to Stephen Thaler's attempt to have his AI system DABUS acknowledged as the inventor of a food container and a flashing light beacon. The ruling reflects a similar stance in the US, where Thaler's appeal was also denied. This case highlights ongoing legal challenges in defining AI's role in creative and inventive processes.

3. Scientists discover the first new antibiotics in over 60 years using AI

   Scientists have made a groundbreaking discovery of new antibiotics against MRSA using AI, the first such development in 60 years. A team from MIT utilized a deep-learning model to analyze around 39,000 compounds, leading to the identification of two promising antibiotic candidates. These findings, published in Nature, demonstrate the significant potential of AI in advancing drug discovery and tackling antibiotic resistance.

4. GPT and other AI models can’t analyze an SEC Filing

   Researchers from Patronus AI discovered that large language models like OpenAI's GPT-4 are often inaccurate in analyzing Securities and Exchange Commission (SEC) filings, with even the best models achieving only around 79% accuracy. This highlights significant challenges in using AI for financial analysis, underlining the need for human oversight in such applications.

5. Japan startup Preferred Networks designs own AI chips to beat bottleneck

   Japanese startup Preferred Networks, backed by Toyota and Fanuc, is advancing in the AI sector by developing custom AI chips. Initiating this project in 2016 to enhance their supercomputers, the company recently finished its second-generation AI chip, designed for lower power consumption and higher computing efficiency. This move is a strategic response to the global increase in demand for generative AI technology. These chips, which are more energy-efficient and powerful, are expected to be used in large language model development and drug discovery soon, with broader availability projected for 2027.

AI Repos

1. geekan / MetaGPT

2. open-mmlab / Amphion

3. microsoft / Mastering-GitHub-Copilot-for-Paired-Programming