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CriticGPT Boosts AI Trainers' Performance, Enhances RLHF Data Quality in ChatGPT
5-minute tech market update.
Kristoffer Lindström
June 28, 2024
TECH BRIEF
Meta CEO Mark Zuckerberg has emphasized the importance of open source AI in a recent interview, criticizing companies that build closed AI platforms. According to him, there won't be a single prevailing AI, but many, reflecting different interests. He confirmed that Meta is testing AI Studio software in the U.S., allowing creators to develop AI avatars for Instagram's messaging system. Zuckerberg also commented on Meta's potential plans of expanding beyond the smartphone with innovations like smart glasses and holographic technology.
💡 Insight: Zuckerberg's advocacy for open-source AI highlights Meta's strategic focus towards democratizing AI tools to foster diverse innovation. The rejection by Apple underscores Meta's ongoing challenge in integrating with key ecosystems, pushing it towards independent, hardware-integrated solutions like Ray-Ban Meta smart glasses, hinting at a future beyond smartphones while emphasizing seamless multimodal AI interactions.
A model named CriticGPT, built on GPT-4, has been developed to detect errors in ChatGPT's code output. Integrating the CriticGPT-like model improves the output evaluation process for advanced AI systems. In an experiment, people who were assisted by CriticGPT outperformed their unassisted counterparts by 60% by offering more thorough critiques and fewer misinterpretations. This indicates the potential of CriticGPT for aligning increasingly complex AI systems.
💡 Insight: Integrating CriticGPT into the RLHF pipeline enhances the accuracy of GPT-4 evaluations by addressing subtle mistakes, a growing challenge as AI models evolve. This approach not only augments human reviewers' capabilities but also mitigates “nitpicks” and hallucinated issues, driving more precise feedback and improving future AI training efficiency.
SoftBank Group Corp. has successfully raised around $1.86 billion through dollar and euro bond sales, marking one of the largest foreign-currency deals by a Japanese company this year. Proceeds will be used to settle debt and fund operations. The company's shares have also risen, powered by optimism towards its artificial intelligence (AI) investments. This move follows major AI investments made by the company, such as backing firms Tempus AI Inc. and Perplexity AI.
Google is broadening an initiative that lets its cloud clients ground their business AI chatbots in verifiable facts, including a new collaboration with Moody's to utilize their financial data. Google aims to make their generative AI more dependable by anchoring these systems in known factual data, hence considerably decreasing AI hallucinations. Initial partners include Moody's, Thomson Reuters, and ZoomInfo. Google is also providing more ways to enhance the reliability and predictability of its systems.
Uber and Lyft will pay Massachusetts $175 million as part of a legal settlement about state labor laws violations. The firms will provide drivers with a minimum hourly wage of $32.50 and various new benefits. Uber is set to pay the state $148 million, with Lyft contributing $27 million, largely comprising restitution payments to drivers.
QUICK
Hebbia Raises $100M for AI Document Search, Led by Andreessen Horowitz - AI software startup Hebbia raised nearly $100M in a Series B round led by Andreessen Horowitz, pushing its total capital to over $120M. The technology, primarily sold to financial firms, can efficiently search and extract information from large volumes of documents.
AWS Probes Billion-Dollar AI Startup Perplexity over Web Scraping Claims - Amazon Web Services (AWS) is probing AI startup Perplexity for allegations of violating web scraping regulations. The investigation involves scrutiny over potential disregard for the Robots Exclusion Protocol.
Australia Grills Meta, Google, TikTok on Societal Impact - Meta, Google, and TikTok face an Australian hearing on social media's societal impacts. Meanwhile, Meta's decision affecting Australian media and a massive shift towards short-form video among Facebook users are under discussion.
SaaS Valuation Model Proven Accurate with 2024 Market Data - SaaS Capital's data-driven valuation model has reportedly yielded accurate predictions on most 'in the wild' 2024 transactions, serving as a reliable baseline for valuing private B2B SaaS companies.
Webtoon Entertainment's $2.7bn IPO Fuels Digital Comics Transformation - Webtoon Entertainment, a South Korean online comics platform, has priced its US IPO at $2.7bn. It will sell 15mn shares at $21 each, with BlackRock indicating interest in buying up to $50mn worth.
BUSINESS QUOTE OF THE DAY
"Done is better than perfect."
-Sheryl Sandberg
The takeaway: Prioritize completion over perfection.
Example: Sandberg’s leadership at Facebook emphasized quick execution and iteration, contributing to the platform’s rapid growth and innovation.
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