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  • ➡️ Mystery: ChatGPT is Becoming Less Intelligent - According to a Stanford University and UC Berkeley study, ChatGPT's AI model, GPT-4, has been mysteriously underperforming.

➡️ Mystery: ChatGPT is Becoming Less Intelligent - According to a Stanford University and UC Berkeley study, ChatGPT's AI model, GPT-4, has been mysteriously underperforming.

Today: ChatGPT's AI Deteriorating | IBM Earnings | TikTok Tests Music App

Hey there, Today is Friday, July 21.

Let's prepare for the weekend with some exciting tech news. Here are the top headlines for today:

  • ChatGPT AI Deteriorating, Researchers Puzzled

  • IBM's Earnings Surpass Expectations, Revenue Falls Short

  • ChatGPT Eyes Image Analysis: Privacy Concerns Arise

  • Meta's AR Tech Lags Behind Apple

  • TikTok Tests Music App

  • and more...

READ TIME: 2.8 MINUTES

🌐 Tech Companies

TikTok is beta testing its new music streaming service, TikTok Music, in Australia, Mexico, and Singapore, expanding from initial tests in Brazil and Indonesia. The app offers features such as personalized recommendations, real-time lyrics, collaborative playlists, and a lyrics search feature. The service will cost around $6-$8 per month after a three-month free trial.

Meta's augmented reality glasses have encountered setbacks, pushing their release to 2027, three years behind Apple Vision Pro. Issues with Plessey's underperforming microLED technology led Meta to opt for older, liquid crystal-on-silicon tech. Changes in design include switching from silicon carbide to glass, reducing the field of view from 70 to 50 degrees, and canceling features like LiDAR and shared AR/VR viewing. Production of the latest Quest Pro headset will halt once the current parts deplete.

🚀 Startup Scene

Karat Financial, in collaboration with Visa, has launched a credit card specifically for social media creators, alongside raising $70 million. The card is intended to aid influencers in building credit history and accessing capital.

Hightouch raised $38 million to expand its new Customer 360 Toolkit, designed to enable data analysts to construct unified customer profiles with less effort.

Unstructured.io, a startup providing tools to prepare enterprise data for large language models (LLMs), has raised $25 million. The firm's platform transforms data for LLMs, removing ads and unwanted objects from web pages, and handling a variety of document types.

🤖 AI Corner

According to a Stanford University and UC Berkeley study, ChatGPT's AI model, GPT-4, has been mysteriously underperforming. The researchers reported performance variations and a significant drop in capabilities like math problems solving, code generation, and sensitivity in answering questions. While the AI community and OpenAI users are speculating about potential causes, including a "radical redesign" of the model, the exact reasons remain elusive.

OpenAI's artificial intelligence-powered chatbot, ChatGPT, has started analyzing images, showing its utility for visually-impaired users like Jonathan Mosen. However, the capability of the AI to recognize and identify faces has led to privacy concerns, prompting OpenAI to limit this feature. The organization fears it might inadvertently create a facial recognition tool, which could have serious implications around consent, biometric information usage, and misinterpretations of visual data.

Superhuman AI now offers personalized email drafting, matching users' voice and tone in every composition.

💰´Markets & Money

IBM reported higher-than-expected earnings in Q2, due to an increase in gross margin. However, the revenue did not meet the consensus estimates, despite the rapid growth of the software division. In constant currency, IBM reaffirmed its projected revenue growth of 3-5% for the year, and expects about $10.5 billion in free cash flow in 2023.

The market's "fear gauge," the VIX, has reached its lowest level since the pandemic's onset, suggesting a possible onset of a new bull market.

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