šŸŖ«RIP Apple Car

šŸ“ˆ New AI model is close to GPT-4 performance

Good morning! Welcome to another edition of Lightway.

Last week, Figure, a leading humanoid-robotics startup partnered with OpenAI to use AI robots in their robots.

This is a huge development with potential to drastically improve the ability of robots to interact with world.

Moving on, hereā€™s your weekly Tech roundup. Reading time in 3 minutes.

PS: A scheduling error prevented us from sending the email on Sunday. Apologies for the inconvenience. Weā€™ll be back to regular schedule and see you on sunday.

Highlights of the week

Apple shuts down its electric car project

Apple testing Self-Driving tech

Apple halts its electric car initiative, "Project Titan," redirecting the focus of its 2,000-member team to generative AI.
The electric car had been in development for almost 10 years. (read more)

Mistralā€™s new AI to rival GPT-4

Mistral AI introduces "Mistral Large" and a beta chatbot "Le Chat" as cost-effective competitors to GPT-4 and Claude 2.

The models are priced aggressively and will be available on Azure following a partnership with Microsoft. (read more)

Elon Musk sues OpenAI and Sam Altman

Elon Musk is suing OpenAI and CEO Sam Altman, claiming their Microsoft partnership shifts focus from AI for humanity to profit.

The lawsuit alleges OpenAI betrayed its founding ideals by secretly developing GPT-4 and becoming too aligned with Microsoft's commercial goals. Musk is seeking to force OpenAI back to its nonprofit origins. (read more)

 Tech Roundup

Google Genie AI to generate Video Games

ā†’ Google Genie: Google Genie lets users generate AI outputs resembling video games (link)

ā†’ Intel chips: Intelā€™s 1nm node is coming in 2027 with ā€œdouble-digitā€ improvements in performance and efficiency. (link)

ā†’ Adobe Music AI: Adobeā€™s new AI tool can generate music from simple text prompts and advanced editing tools to manipulate music. (link)

ā†’ OpenAI hacked?: OpenAI claims New York Times used deceptive prompts to manipulate ChatGPT to replicate its articles. (link)

ā†’ AI replaces 700 employees? : Klarnaā€™s AI chatbot achieved the workload of 700 employees in customer support team (link)

ā†’ Meta to demo AR glasses: Meta is working on advanced prototypes of Augmented Reality smart glasses and might demo it later this year. (link)

ā†’ Meta Llama 3: Meta is set to launch the next generation of its open-sourced LLM, Llama2, in July. It might be double in size and beat GPT-4 in performance (link)

ā†’ Appleā€™s AI push: CEO Tim Cook says Apple is putting tremendous time and effort into generative AI and will break new ground this year (link)

ā†’ NVIDIA 5090: The new generation of NVIDIAā€™s top of the line GPU could be 70% faster than its predecessor 4090 and cost as much as $2500. (link)

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