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  • AI Unbound: The Rise of Cost-Effective, Open-Source Language Models 💡

AI Unbound: The Rise of Cost-Effective, Open-Source Language Models 💡

Cost-effective, open-source language models are taking the world by storm, delivering impressive performance and unlocking a new era of commercially viable innovation in the AI research and business domains.

Here’s what we have today:

📢 AI Radar: Open-source AI revolution accelerates as cost-effective models like MPT-7B democratize access, driving innovation and reshaping the competitive landscape in AI research and business applications.

🌟 Featured AI Tools: Lamini AI - create your own language model easily

🔍 Skill Up AI Guides: How to use ChatGPT in Excel

📢 AI Radar

  1. President Biden meets AI leaders from OpenAI, Google, and Meta, discussing ethical AI development, safety precautions, and potential regulations for responsible innovation (link).

  2. MosaicML has introduced MPT-7B, a powerful AI language model that is open-source and can be used commercially. It matches the performance of Meta's LLaMA-7B and is cost-effective, making it accessible to users outside well-funded labs. MPT-7B and its variants have various applications, including providing instructions, chatting, and writing long stories (link).

  3. Microsoft Bing Chat receives major updates, including image and video answers, ChatGPT-like plugins, chat history, and seamless Edge integration, making it accessible to all Microsoft account holders (link).

  4. SlackGPT: Salesforce enhances Slack with generative AI, enabling users to summarize long threads, draft emails with ChatGPT, and automate tasks by connecting to other apps (link).

  5. A leaked Google document highlights concerns about the company and OpenAI falling behind the open-source AI community, emphasizing the need for collaboration and innovation to stay competitive (link).

🌟 Featured AI Tool

Lamini AI

Lamini AI is an innovative platform that allows developers to create customized, high-performance large language models, like ChatGPT, tailored to their specific data and use cases. It simplifies the process of training AI models, making it accessible even for those without extensive AI expertise. Lamini AI provides a hosted data generator to create large datasets for model training and supports various base models for easy comparison. This powerful tool aims to bring the benefits of AI to a broader audience, enabling a wide range of applications.

🔍 Skill Up - ChatGPT inside Excel

Did you know you can use ChatGPT inside excel?
It can be useful for several use cases from data entry to creative work.
Test it out now, just follow the instructions inside this excel file.

That's all for today! Please hit reply and let us know what’s the one AI skill you’d like to learn right now!

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