🗞️ ChatGPT's 2.9B per month

June 28, 2024   |   Read Online Brought to you by: Top stories today: Google's open weights Gemma 2 nears Microsoft's Phi-3 on benchmarks Q1 GDP revised up from 1.3% to 1.4% OpenAI announces CriticGPT, model to help human trainers in RLHF ChatGPT web visits +16% MoM, +96% YoY to 2.9B in June Follow us on X | Instagram | Advertise to our 250K+ subscribers 0. Data and calendar All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). All times are ET. Correction: We reported yesterday that Amazon's +4% to $2T market cap was based on no news. In fact, the rise was connected to the report that Amazon plans to launch a Temu-like store. h/t to our reader FD. 1. Google's open weights Gemma 2 nears Microsoft's Phi-3 on benchmarks Google curiously didn't explicitly compare Gemma 2 with Phi-3 in their launch post: Google. Gemma 2 runs on a single NVIDIA H100. Phi-3 continues to be the leading open weights small language model according to MMLU, having a 78.2 score Microsoft. TBD: Human comparisons between the 2 models. 2. Q1 GDP revised up from 1.3% to 1.4% Reuters. From 3.4% in Q4. Durable goods orders: 0.1% MoM in May, vs -0.5% expected, from 0.2% in the prior month. Core: -0.1%, vs. 0.2%, from 0.4%. UK GDP for Q1 updated from 0.6% to 0.7%. 3. Athyna, how Bay Area Times hires global talent, has new $1K discount Athyna. We have been using Athyna to hire our global team. ~67% savings compared to hiring in U.S./Europe. Pay nothing until you find the perfect match. Get $1,000 OFF on your next offshore employee by mentioning us. Try Athyna today! *Disclaimer: Athyna is a partner of the Bay Area Times. 4. OpenAI announces CriticGPT, model to help human trainers spot mistakes during RLHF Humans + CriticGPT provided more comprehensive critiques and hallucinated less often than just humans: OpenAI. OpenAI suggests this is a step towards "AI alignment," and we assume also into AI being able to recursively improve itself. 5. ChatGPT web visits +16% MoM, +96% YoY to 2.9B in June, expanding its lead over Gemini Similarweb. Looking at mobile apps, Character AI has almost the same number of U.S. DAUs as ChatGPT Similarweb. OpenAI's API revenue $1B+ (out of $3.4B total), ahead of Azure OpenAI. 6. Robotics startup funding set to grow in 2024 $4.2B invested YTD, vs. $6.8B in all of 2023: Crunchbase. 7. 29% of Americans would consider buying EVs Research Center. 8. Interesting videos, posts, and memes Why do we disagree about AI risk? (Scott Alexander & Josh Rosenberg) Fireside Chat with Nate Silver and Scott Alexander Mark Zuckerberg on Creators, AI Studio, Neural Wristbands, Holographic Smart Glasses, Picasso & More #53: What We Got Wrong—and Right—in a Year of More or Less 9. Other headlines AI Meta LLM Compiler launches. Google partners with Moody's for financial data for AI. SoftBank raises $1.9B in overseas bond sale for AI bets. Andrew Ng plans $120M for next AI fund. Hebbia raises $100M Series B for AI search. Axelera raises $68M to build AI chips, rival NVIDIA. Character AI now allows users to talk to AI bots over call. Athyna: hire incredible global talent with the same company that Bay Area Times uses!* *Sponsored. Tech Vision Pro launches in China, Hong Kong, Japan, Singapore. Clay raises $46M at $500M, with participation from Sequoia. Axios Pro: Deals Tracker helps you find your next investment, faster.* Mercury saves your finance team valuable time.* *Sponsored. Clicking on ad links may share your email with Mercury for remarketing purposes. Tech & law Chinese AI cloud firms limiting access due to U.S. curbs. Uber's MA settlement demands $32.5/hour minimum wage. TikTok ban requires extremely heavy burden, EFF tells Appeals Court. Biotech Prenuvo launches 10-year, 100K-patient study on whole-body MRI screening. AgingBiotech's list of longevity therapeutics. Lifestyle factors in late life linked to odds of becoming centenarian. Crypto Coinbase sues SEC, FDIC over attempts to cut crypto from banking. Solana nears ATH in transactions after Blinks launch. MegaLabs raises $20M for "real-time" blockchain. U.S. politics Trump, Biden debate leads Dems to discuss change of ticket. Supreme Court sets Mon. as new opinion day for Trump immunity bid. OxyContin settlement ended by 5-4. SEC's use in-house judges curbed in fraud cases by 6-3. New emissions requirements blocked by 5-4. World Milei wins approval for economic reforms by 147-107. Iran presidential elections today could elect reformist Pezeshkian. Israel, Hezbollah inch closer to war. Ukraine likely to receive Patriot systems from U.S., Israel. Was this newsletter forwarded to you? Sign up here. Liked it? Forward it to friends and get rewards (see below). 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