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Lore Issue #44: Anthropic Raises $100M from Strategic Partner SK Telecom

Author

Nathan Lands
August 16, 2023

Good morning.

Another wild week with Anthropic, creators of the increasingly popular ChatGPT rival Claude, raising $100M in strategic capital from Korean tech giant SK Telecom.

We’re also starting to hear more rumors about GPT-5, with some saying it’s going to be coming out early next year with voice. It feels like, despite a slight lull in AI news, big things are on the way.

Thanks to everyone for their continued interest in Alpha! We have a long waitlist and are starting several projects with clients. I hope to share more soon!

Plus, we have two other big announcements coming in September that I can’t wait to tell you all about. We’re going to be collaborating with one of the top creators in the space on something very exciting. Stay tuned for more details!

  • Anthropic raised $100M from Korean telco giant SK Telecom (Link)

  • Elon Musk’s Neuralink raised $280M after getting FDA clearance for its brain chip trials in humans (Link)

  • Voiceflow raised $15M to build conversational AI experiences (Link)

  • Symmetry Systems raised $17.7M for its AI-driven data security platform (Link)

  • Grit raised $7M to automate software maintenance (Link)

  • 11x AI raised $2M for AI Digital Workers (Link)

  • basys AI raised $2.4M to take on Congress and CMS' top healthcare challenge: prior authorization (Link)

  • Indian AI-powered ed-tech startup Shaktimaan raised $2M (Link)

Plus: Modular, an AI Startup Challenging Nvidia, is looking to raise funding at a $600M valuation (Link) and Hive AI, which uses AI to moderate digital content, is seeking $200M in funding and a potential valuation jump to $4B (Link)

Harness the Power of Generative AI with Alpha

Navigating the new era of AI? Alpha is here to guide your journey. As a leading product design agency, Alpha specializes in unlocking generative AI's potential, transforming it into actionable solutions for your business.

Here's what Alpha brings to the table:

  • Interface Design: Alpha merges aesthetics with functionality, crafting user-centric interfaces that make AI intuitive.

    Model Selection: Alpha chooses the ideal AI models for your needs, optimizing performance and efficiency.

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Updates to Google’s AI Search, Google Photos

Google is adding Generative AI-powered article summaries, definitions and coding improvements to its Search Generative Experience (SGE) in an effort to help users better learn from the information they find online.

Across certain subjects like STEM, economics and history, it will be possible to hover over certain words to preview their definitions and see related images or diagrams as part of Google’s AI-generated responses to questions.

Google also added Generative AI capabilities to Google Photos, making it easier to name photo collections with suggested titles.

Amazon works on AI chips, adds AI to product reviews

Amazon is racing to catch up with Nvidia, Microsoft and Google for marketshare in the generative AI industry.

The company is prioritizing AI features in its AWS product suite and two AI chips called Inferentia and Trainium for training large language models.

In another part of its business, Amazon is now using generative AI to summarize product reviews, highlighting the features and customer sentiment most commonly mentioned. 

US Department of Defense establishes generative AI task force

The US DOD has created Task Force Lima, an initiative to harness the power of artificial intelligence in a responsible and strategic way.

The task force is specifically focusing on operations related to warfighting, business affairs, health, policy and readiness.

Longer AI videos with Runway

AI-first games are coming

Ultra-realistic AI avatar clones

AI phone calling APIs

  • TalkNotes: turn your voice memos into clear, structured content with AI transcription (Link)

  • Studdy: an AI tutor for students (Link)

  • User Persona Generator: Describe your business and target audience and get a detailed marketing persona (Link)

  • PopAI: a productivity tool for file management, document summarization, translation and copywriting (Link)

Find more tools at FutureTools.io.

  • DoctorGPT: a Large Language Model that can pass the US Medical Licensing Exam (Link)

  • AI can figure out how to use a tool by reading a manual, effectively “learning” new skills (Link)

  • BOLAA: Benchmarking and Orchestrating LLM-augmented Autonomous Agents (Link)

  • SpeechX: Neural Codec Language Model as a Versatile Speech Transformer (Link)

  • 3D Gaussian Splatting for Real-Time Radiance Field Rendering (Link)

  • Making AMD GPUs competitive for LLM inference (Link)

That's it!

See you next week!

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