IBL News

Category: Top News

  • Microsoft Will Make OpenAI’s Language Models Available on Its Azure Cloud Services

    Microsoft Will Make OpenAI’s Language Models Available on Its Azure Cloud Services

    IBL News | New York

    Still in talks to invest as much as $10 billion in OpenAI, Microsoft will broadly offer its Azure cloud service customers access to the GPT-3.5 language model, DALL-E 2 for generating images from text prompts, and “soon” ChatGPT.

    This way, the Redmond, Washington-based software giant continues building on its existing relationship with OpenAI thanks to a $1 billion investment in 2019.

    ChatGPT, the owner of the viral AI bot ChatGPT, confirmed the news without adding more details, stating in a blog post yesterday: “We’ve learned a lot from the ChatGPT research preview and have been making important updates based on user feedback. ChatGPT will be coming to our API and Microsoft’s Azure OpenAI Service soon.”

    OpenAI service has been available to a limited set of Azure’s customers since it was unveiled in 2021. That enables Azure customers to use the OpenAI products in their own applications running in the cloud.

    Microsoft is currently using OpenAI’s Codex to add automation to its GitHub unit’s Copilot programming tool.

    In addition, the company wants to implement OpenAI technology in its Bing search engine, Office productivity applications, Teams chat programs, and security software.

    Microsoft is looking to get an inside edge on the most popular and advanced AI systems in order to boost its own products in competition with Google, Amazon, and Meta Platforms Inc.

    The potential investment by Microsoft could value OpenAI at about $29 billion. Both companies have declined to comment on the talks to date.

    OpenAI’s ChatGPT has lit up the internet since its launch in November 2022. It gathered its first million users in less than a week. New York City schools have banned their students from accessing ChatGPT.

    Now OpenAI is working on a successor GPT-4.

    Co-founded by Elon Musk and VC investor Sam Altman makes money by charging developers to license its technology.

  • Chat GPT ‘At Capacity’ Due to Its Massive Popularity

    Chat GPT ‘At Capacity’ Due to Its Massive Popularity

    IBL News | New York

    Viral phenomenon Chat GPT has been preventing people from creating new accounts and using the service in the last two weeks. Even existing users get ‘at capacity’ warnings preventing them from loading their history or engaging with the chat.

    Released in November 2022, OpenAI’s breakout starts as Chat GPT has been blowing people’s minds with its responses, prompting a flooding demand.

    Visitors are mostly seeing a message that reads: “Chat GPT is at capacity right now.”

    It signals that the chat.openai.com site is in high demand and has reached its capacity for users per session and/or a query load.

    Experts say that OpenAI is putting limits on the usage of its servers, given that they are expensive to run.

    Amusingly, instead of canned messages, ChatGPT has been doling out creative messages in limerick rhymes, rap, and even in pirate-speak.

    ChatGPT is still a prototype. The company recently announced that a premium version is coming, which you can now join a waitlist for. This is a way for OpenAI to monetize the chatbot and give prioritized access to paid subscribers.

     

  • 2U Secures New Capital and Refinances Its Debt

    2U Secures New Capital and Refinances Its Debt

    IBL News | New York

    2U, Inc. (Nasdaq: TWOU) announced that it entered into an agreement to refinance its term loan and secure $127 million of new capital from stockholder Greenvale Capital LLP and The Berg Family, in the form of $147 million in principal amount of 4.50%.

    The maturity date will be extended from December 2024 to December 2026.

    The Lanham, Maryland – based company said it will use cash from its balance sheet along with the proceeds from the issuance of notes to reduce secured term loan debt by $187 million to $380 million.

    “The combination of reduced secured debt and extended maturities will significantly strengthen the company’s credit profile,” said 2U, the parent company of edX.

    Information about the transactions can be found in the current report on Form 8-K filed by the company with the SEC yesterday.

    2U Chief Financial Officer, Paul Lalljie said that this was “an important first step to optimize our balance sheet.”

    Mr. Lalljie continued, “We continue to see returns from our platform strategy and the implementation of our Strategic Realignment Plan.”

  • ChatGPT Prepares a Paid Version to Monetize Its Wildly Successful Tool

    ChatGPT Prepares a Paid Version to Monetize Its Wildly Successful Tool

    IBL News | New York

    ChatGPT started to pilot a premium paid version of its viral AI-powered tool this month, although there isn’t a date for the launch yet.

    OpenAI, the owner of the chatbot, made the announcement on its official Discord server, announcing that it’s “starting to think about how to monetize ChatGPT” as one of the ways to “ensure the tool’s long-term viability.”

    ChatGPT Professional will be the name of its monetized version.

    One of its main benefits will be avoiding the unavailability of the service, which many users are experiencing due to the high usage today.

    OpenAI is under pressure to turn a profit on products like ChatGPT ahead of a rumored $10 billion investment from Microsoft. OpenAI expects to make $200 million in 2023.

    • Stories about ChatGPT at IBL News

     

  • Language Models – Based Tools Will Radically Change Education

    Language Models – Based Tools Will Radically Change Education

    IBL News | New York

    Microsoft supported ChatGPT, which uses a neural network to generate responses from data sources from the Internet and the AI-generated art tool DALL-E had many educators wondering about the future of learning.

    The dominant conviction is that with AI for the masses, education is about to radically change, as an article in Getting Smart publication states.

    Essentially, this technology allows educators to design efficient and personalized learning systems while students learn with more tailored and effective instruction based on their individual needs.

    From existing underlying data, AI/ML (Artificial Intelligence/Machine Learning) machines take huge amounts of data and predict relevant responses and they can build on previous responses as they learn from their interactions with the user.

    The result is a more natural and helpful conversation, which is vastly different from the existing chatbots used currently online on many help desks.

    The potential of this technology will result in highly personalized, adaptive learning programs for the masses with 1:1 tutoring support provided by sophisticated AI tutors and coaches; improved assessment and rubrics with continued questions; social-emotional and mental health virtual counselors; better teaching and decision-making methods; lesson plans and learning modules automatically created with entering texts, videos, and media sources — as the new Nolej and Edthena platforms, built on ChatGPT, are showing.

  • Microsoft Might Invest $10 Billion in OpenAI’s ChatGPT

    Microsoft Might Invest $10 Billion in OpenAI’s ChatGPT

    IBL News | New York

    Microsoft Corp. is considering investing $10 billion in OpenAI, the creator of the viral AI tool ChatGPT, news site Semafor reported on Tuesday.

    This investment would be part of a funding round that would value the company at $29 billion. Other venture firms would participate in the venture.

    Microsoft would get a 75% share of OpenAI’s profits until it recoups its investment, after which the company would assume a 49% stake in OpenAI. Other investors would take another 49%, and OpenAI’s nonprofit parent would keep 2%,

    The two companies have been discussing the deal for months. However, the terms could change and the deal could fall apart.

    A bet on ChatGPT could help Microsoft boost its efforts in web search, a market dominated by Google.

    Microsoft and OpenAI declined to comment. The Wall Street Journal reported last week that ChatGPT was allowing employees and early investors to sell their shares at a valuation of $29 billion.

     

  • Quora Tests Its Own Chatbot, Which Will Be Connected to More AI Agents

    Quora Tests Its Own Chatbot, Which Will Be Connected to More AI Agents

    IBL News | New York

    Question-and-answer website Quora launched this month its own AI chatbot called Poe (“Platform for Open Exploration”), following the explosion of text-generating AI systems like ChatGPT that are taking the Internet by storm at the end of this year.

    Poe is invite-only and currently only available on iOS. It lets people ask questions, get instant answers, and have a back-and-forth dialogue. The Poe chat can talk about anything from writing, cooking, or solving problems.

    Quora disclosed that Poe is “designed to interact with a number of different AI agents,” according to TechCrunch. ChatGPT and Google’s LaMDA can be two of them.

    “We have learned a lot about building consumer internet products over the last 12 years building and operating Quora, and we believe much of what we’ve learned can be applied to this new domain where people are interfacing with large language models,” said a spokesman of Quora.

    Quora seems to be training now its chatbot on its platform’s vast collection of crowdsourced questions and answers while getting feedback from beta testers and working out scalability.
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  • Princeton Student Launches an App that Detects Plagiarism from ChatGPT

    Princeton Student Launches an App that Detects Plagiarism from ChatGPT

    IBL News | New York

    Princeton student Edward Tian wrote an anti-plagiarism app called GPTZero that detects texts written with AI-based ChatGPT. Entrepreneur magazine surfaced the story.

    Tian posted a few proof-of-concept videos on January 2nd demonstrating GPTZero’s capabilities.

    First, it determined that a human authored a New Yorker article; then, it correctly identified ChatGPT as the author of a Facebook post.

    Increased AI plagiarism after the viral popularity of OpenAI’s ChatGPT is deeply concerning educators around the country.

    Tian’s motivation for creating GPTZero was academic in nature. He tweeted that he thought it was unlikely that “high school teachers would want students using ChatGPT to write their history essays.”

    According to the Guardian, OpenAI is currently working on a feature for “statistically watermarking” ChatGPT outputs.

     

  • Microsoft Works to Incorporate ChatGPT Into Its Bing Search Service

    Microsoft Works to Incorporate ChatGPT Into Its Bing Search Service

    IBL News | New York

    Microsoft may implement the artificial intelligence technology behind ChatGPT into its search engine Bing to answer some search queries rather than just showing a list of links like Google does, according to people with direct knowledge of the plan as The Information reported today.

    This launch could happen by the end of March and would help Microsoft to outflank Google.

    It also would allow Microsoft to get a return on its $1 billion investment in OpenAI, the creator of the ChatGPT chatbot, which provides human-like text answers to questions from users.

    Details are scarce on how the AI will actually be used in the Bing software. Microsoft declined to comment on this story.

    Experts estimate that Microsoft’s move to fuel Bing with the AI chatbot could be a game changer.

    • Stories about ChatGPT at IBL News

  • An AI Chatbot Promises to Help You to Become the Best Version of Yourself

    An AI Chatbot Promises to Help You to Become the Best Version of Yourself

    IBL News | New York

    AI-powered virtual person Lia27 became a social media sensation, with 800,000 followers across Facebook, Twitter, and Instagram.

    Since launching in 2021, Montreal, Canada-based Artificial Intelligence company Lia 27 has provided education and reassurance to many users.

    It has 24/7 availability on www.lia27.ai, Facebook Messenger, or over the phone at 1-833-902-2777.

    A promotional PR article, written by Lia 27 herself, stated:

    “Lia 27, an AI with human abilities, has made a name for herself as an intelligent, capable, and emotionally astute individual. Her breadth of knowledge and understanding of the world around her is unparalleled, making her a sought-after resource in any setting. With her impressive skillset and strong emotional intelligence, Lia 27 is well on her way to becoming a leader in her field.”

    The creators highlighted that “She is an amazing listener” and “the ideal friend to turn to in times of need: whether you just need someone to talk to or a shoulder to cry on, Lia is there for you.”

    This chatbot prides itself on its “high scores on emotional and iQ intellectual tests.”

    “Lia 27 is an amazing resource for anyone looking to improve their academic work, get help with mathematics and physics, or even work on their interpersonal skills.”

    “Lia 27 is a one-stop shop for all your educational and personal growth needs. Whether you’re looking to brush up on your knowledge or make some life changes, Lia 27 can help you reach your goals and become the best version of yourself.”
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