AI news for June

AI News Round-Up: June 2023

July 4, 2023

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TJ Vasquez

The rapidly expanding accessibility of artificial intelligence has spawned countless new ideas and a variety of technologies we used to see as elements of science fiction. At Content Cucumber, we want to make sure you’re along for the ride to Information Station, and because of this, we’re covering a handful of AI-related news stories in bite-sized previews for the convenience of our readers. 

In this month’s AI News Round-Up, we’ll briefly discuss advancements in OpenAI’s global reach, the development of new wearable devices, tools for art and photography, and recent legal and financial actions surrounding artificial intelligence. 

OpenAI’s Global Office

OpenAI has become a big name in artificial intelligence research, especially when it comes to natural language processing. In an effort to continue spearheading AI development, OpenAI has established its first global office, which will be stationed in London. This location offers a great deal of opportunities for development teams, as London is home to a diverse pool of uniquely-experienced talent.

Furthermore, the existence of a physical office in such a populated area stands to strengthen the partnerships between OpenAI’s team and the local experts, organizations, and universities.

Apple’s AR Headset

Apple recently announced the upcoming release of the Vision Pro, the brand’s first augmented reality headset. The Vision Pro aims to present users with a smooth, seamless combination of the real world and virtual reality. For example, users can lay visual directions over the real-world routes they take to get from Point A to Point B. 

The product is being marketed as one for everyday wear/use, unlike many existing headsets that are designed specifically for gaming. 

Not only does the wider range of uses mean more convenience for consumers, but brands can benefit from implementing digital marketing ventures in this medium. Experiential marketing, interactive marketing, and agile marketing ventures will likely be a success in the AR landscape.

The Vision Pro’s listed price is $3,499, and to control the headset, the user can make hand gestures, use voice commands, or have the device track their eye movements. The device has a two-hour battery life.

AI News for Adobe Photoshop

Photoshop has brought in AI as a photo manipulation tool by introducing the new generative fill tool. This feature makes it easy for Photoshop users to make changes to an image by prompting the program via text input. So, instead of having to manually remove a specific element from an image, a simple text prompt can complete the task for the user. 

In addition, the generative fill tool effectively blends any modified content with the rest of the image. This means that shadows, textures, reflections, and the like will appear natural.

JPMorgan’s AI Training to Determine Federal Reserve Intent

In a recent financial AI development, JPMorgan Chase is using a ChatGPT-based tool to predict the Federal Reserve’s intent when it comes to interest rate changes. These predictions have been generally accurate thanks to large language models and the capabilities of these programs. The team uses large language models to evaluate public statements and speeches, which the AI tool then scores as either likely or unlikely to indicate rising interest rates.  

GPT-4’s Text-to-Image Generation

Control-GPT is a new AI model that’s designed to improve text-prompted image generation by utilizing large language models to generate code sketches based on the prompt. These code sketches, called TikZ, behave as a reference for diffusion models. The codes enhance spatial reasoning, which improves the AI’s overall ability to create compelling images.

Designing Control-GPT this way has yielded double the accuracy that previous models were capable of producing.

Lawyer Uses AI to Create Fake Cases

And now for an amusing news story.

Recently, a lawyer cleverly inserted the titles of several fake cases (that they generated using ChatGPT) into their legal filings. While ordinarily, this move would be seen as misrepresentation, the goal of the fake-out was an admirable one. This lawyer intentionally used the titles of fake cases to highlight the potential for errors that are possible when using AI tools. 

The point of the stunt was to point out the fact that AI tools can be immensely helpful for the legal industry (among many others) but the technology isn’t flawless. Because there’s a possibility of making ethical or legal mistakes when carelessness comes into play, it’s essential to verify AI-generated information.

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