AI Pioneers, Unite!

Find out who’s backing OpenAI, how AI is transforming healthcare, and explore Adobe’s latest AI tool for easy video creation. Plus, discover how Chain-of-Thought reasoning improves problem-solving and the top AI tools for podcasts.

In today’s Generative AI Newsletter:  

• Who is Investing in OpenAI?

• OpenAI o1 System Card

• How Chain-of-Thought Reasoning Transforms Problem-Solving

• AI's Role in Healthcare

• Adobe Launches AI Tool for Easy Video Creation

• 5 Best AI Tools for Podcasts

💸 Who is Investing in OpenAI? 

Why Are Tech Giants Backing OpenAI?

OpenAI is a leader in AI innovation. But who is funding it, and what does this mean for the future of tech?

Top Investors in OpenAI

1. Microsoft: With a multi-billion dollar investment, Microsoft is integrating OpenAI’s technology across its services, transforming how businesses operate.

2. Thrive Capital: This venture firm is leading a new funding round valuing OpenAI at over $100 billion, showing strong confidence in AI's potential.

3. Khosla Ventures & Reid Hoffman: As early investors, their continued support highlights OpenAI’s strategic role in the tech sector.

4. Apple and Nvidia: Both companies see AI as central to their future. Apple is integrating ChatGPT into its AI tools, while Nvidia's investment aligns with its role as a key AI hardware provider.

💰 What It Means for You

When tech giants and investors focus on AI, it’s clear: AI is the future.

GenAI.Works is on a mission to democratize AI; helping people discover, learn, and grow with cutting-edge insights, education, and community engagement.

With over 7M followers, we unite domain experts and technologists to advance AI’s impact across industries. Our ecosystem spans latest news, education courses. hackathons, IRL events, career opportunities and helping startups gain visibility and success.

Start investing in Genai Works today! Get up to 25% in free shares if you invest by October 20, 2024.

OpenAI o1 System Card

OpenAI’s latest o1 model series introduces important improvements in both reasoning and safety.

These models are designed to "think before they speak," leveraging chain-of-thought reasoning to deliver more accurate and safe responses.

The o1 models can recognize unsafe requests, like advice on harmful activities, and refuse them more reliably. 

They also resist common exploits like jailbreaks and prevent harmful outputs more effectively than previous versions.

How Chain-of-Thought Reasoning Transforms Problem-Solving

After the latest release of OpenAI models, we hear a new term in AI: Chain-of-Thought (CoT) Reasoning. 

So, what exactly does it mean?

Imagine a model is tasked with solving a math problem, like calculating the total cost of 3 items, each priced at $10, with a 10% tax. Instead of providing a quick answer, the model uses Chain-of-Thought Reasoning, breaking the problem down into steps like this:

1. First, calculate the total cost before tax: $10 × 3 = $30.

2. Then, calculate the tax: 10% of $30 = $3.

3. Finally, add the tax to the total: $30 + $3 = $33.

By reasoning through each step, the model ensures it arrives at a correct and thoughtful solution.

Without CoT Reasoning, the model might give a quick, one-step answer, which is more likely to be incorrect, especially for tasks requiring multiple steps. 

CoT Reasoning allows models to handle complex, multi-step problems more effectively, mimicking how humans approach problem-solving—one step at a time.

AI's Role in Healthcare

The recently introduced MEDIC framework offers a comprehensive, data-driven approach to assess Large Language Models (LLMs) in clinical settings.

MEDIC aims to answer that question by looking at AI performance in healthcare from five important metrics:

• Medical Reasoning: Can the LLM think through medical problems like a doctor?

• Ethics and Bias: Does it treat everyone fairly, no matter their background?

• Data Understanding: Can the LLM make sense of complex medical language and data?

• In-Context Learning: Can it update its knowledge with new medical guidelines and patient information?

• Clinical Safety: Is it safe to use in real healthcare settings?

The MEDIC framework provides a comprehensive, quantitative approach to LLM evaluation in healthcare, bridging the gap between theoretical capabilities and real-world performance.

Adobe Launches AI Tool for Easy Video Creation

Adobe has announced a new tool that uses AI to generate videos automatically.

This tool, part of Adobe's broader AI push, lets users create high-quality video content simply by providing text instructions.

This could make video production faster and more accessible for creators, eliminating the need for advanced video editing skills.

🤖5 Best AI Tools for Podcasts

LaunchPod - Automates podcast production with AI, simplifying the entire creation process.

CastMagic - Uses AI to transcribe and summarize podcast episodes, making post-production easier.

Descript - Offers AI-powered audio and video editing for podcasts, including transcription and editing through text.

Podcastle - AI-based platform for recording, editing, and enhancing podcast audio quality.

Soundraw - AI-generated music tool for podcasters to create custom soundtracks and background music.

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_{Past performance is not indicative of future returns. Investing involves risk. Please read the offering circular at https://invest.genai.works/ for additional information on the company and risk factors related to the offering
In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. Genai Works, Inc. has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained here: bit.ly/3APlUkJ}