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šŸ«¢ Musk shames OpenAI by making Grok open-source

šŸŽ™ļø New podcast episode: AI Comes for Finance

Tuesdayā€™s top story: Amidst his lawsuit, Musk takes another swipe at OpenAI by making his Grok chatbot open-source.

New podcast episode: To the Bank - AI Comes for Finance
Digital finance innovator, Christos Markidis, tells us why AI is a significant leap forward for the banking industry

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šŸŒ¤ļø This Morning on AI Tool Report

  1. šŸ«¢ Musk shames OpenAI by making Grok open-source

  2. āš” Midjourney blames rival Stability AI for 24hr outage

  3. šŸ¤– Covariant launches ChatGPT for robots

  4. šŸ AV startup raises $250M part-funded by F1 winner

  5. šŸš€ WhatsApp founder funds next-level AGI

Read Time: 6 minutes

FINANCE

Brought to you by YellowBrick

CHATBOTS

Our Report: In alignment with his ongoing lawsuit against OpenAIā€”for deviating from its open-source rootsā€”Elon Musk has announced that he will open-source Grok (its ChatGPT rival) this week.

Key Points:

  • Grokā€”a chatbot that accesses information via X (formerly Twitter) and answers unconventional questionsā€”was launched last year, and is available on a $16 monthly X subscription.

  • Muskā€™s move to make Grok open-source comes 11 days after heĀ sued OpenAI for turning its back on its mission to advance open-source AI for the ā€œbenefit of humanity.ā€

  • Although he didnā€™t specify exactly which parts of Grok he plans to open-source, making the chatbot open-source will give the public access to the code that itā€™s built on.

Why you should care: Alongside Meta and Mistralā€”who have also published their code to the publicā€”Musk has been consistent in his support for open-sourcing (many of Tesla's patents are open-source) as he believes it will speed up innovation in the space.

Are you for or against open-sourcing?

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COMPETITION

  • Text-to-image model, Midjourney, suffered an outage that prevented its users from generating images for 24hrs, and has accused its rival Stability AI of causing it.

  • It traced ā€œbotnet-like activity from multiple paid accountsā€ back to the Stability AI data teamā€”which was attempting to scrape its dataā€”causing the severe system outage.

  • In response, theyā€™ve banned all Stability AI employees and introduced a policy that will stop any company from exercising ā€œaggressive automationā€, causing outages.

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ROBOTICS
  • Robotic software startup, Covariantā€”founded by ex-OpenAI researchersā€”has used chatbot technology to build AI robot software (RFM-1) that learns by watching/listening.

  • Users can chat with RFM-1 (as they would with ChatGPT) and it will process real-world data to gain human-like context and determine what to do next.

  • This marks a step up from traditional robotic systems which are programmed to do one job repeatedly, and Covariant plans to integrate this into warehouse robots.

AUTONOMOUS VEHICLES
  • Autonomous vehicle (AV) software start-upā€”Applied Intuitionā€”has raised $250M (valuing it at $6B), to bring more AI to automotive, defense, and agriculture sectors.

  • The Series E funding round was led by Lux Capital and Porsche Investments Management with contributions from others, such as A16z and F1 champion Nico Rosberg.

  • Applied Intuition already works with ā€œ18 of the top 20 automakersā€,Ā autonomous vehicle startups, and the Army and Defense Innovation Unit.

ARTIFICIAL GENERAL INTELLIGENCE
  • Newlands VC (WhatsApp co-founder Jan Koumā€™ā€™s investment firm), is leading a $10M Series A funding round into SuperAGI (an Artificial General Intelligence (AGI) research lab).

  • SuperAGI researches and builds open-source AGI frameworks and models that are used by over 20,000 developers (including those from Google, Tesla, and OpenAI).

  • Funding will allow them to build an AGI platform based on Large Agentic Models (LAMs)ā€”next-stage Large Language Models (LLMs)ā€”to resolve common issues (like inaccurate results).

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Until next time, Martin & Liam.

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