
Everyday AI Podcast – An AI and ChatGPT Podcast EP 324: AI News That Matters - July 29th, 2024
Jul 29, 2024
This installment dives into Meta's launch of the groundbreaking Llama 3.1, a powerful open-source AI model. Apple faces scrutiny over delays in its AI features, raising eyebrows in the tech community. There’s buzz around OpenAI's SearchGPT and its potential to shift the search landscape. The financial sector is also getting in on the action, with major banks like JPMorgan Chase implementing large language models. Meanwhile, OpenAI grapples with significant financial challenges, including a potential $5 billion loss.
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Meta's Open-Source Llama 3.1
- Meta released Llama 3.1, including a 405B parameter model, competing with GPT-4 Omni.
- Llama 3.1 is open-source, unlike proprietary models, allowing for broader access and innovation.
Apple Delays AI Features
- Apple delayed its iOS 18 AI features until October, prioritizing accuracy and security.
- This delay aims to avoid issues faced by competitors like Google and Microsoft.
Banks Adopt LLMs
- Morgan Stanley and JPMorgan Chase are embracing large language models (LLMs).
- They're developing AI tools for financial advisors and employees to boost productivity.
