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Langchain secures $10M seed round
what is ChatGPT anyway?
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The latest AI news for you and your business.
Greetings friends! As we embark on another exciting week of AI news, my eyes are definitely focused on Google I/O on Wednesday to see their latest thinking in the AI space and how they plan to stay competitive. In this issue, I’m also starting a new section, “AI Explained” where I’ll explain key concepts of AI and Machine Learning, in (what I hope is) an easy to understand way. I’d love to hear what you think, and I trust that you will find it useful. Let’s dig in.
In this issue
Langchain secures $10M seed round
Google I/O coming up, what to expect
IBM launches new AI services
AI Explained
What exactly is ChatGPT? What is an LLM?
Langchain secures $10M seed round
The popular development library which makes it easier to create AI powered experiences by connecting together different AI services, has raised a $10M USD seed round. Langchain was released just a mere 6 months ago! A testament to just how fast the industry is moving and new solutions are being developed. [read more]
Google I/O coming up, what to expect
Google I/O kicks off at 10am PT tomorrow, returning to in-person for the first time since the pandemic. It’s safe to say that Google was caught off guard and has been playing catch-up since OpenAI released ChatGPT 6 months ago (Nov 30, 2022). With their release of Bard being to somewhat mixed reviews and with a bit of controversy, we expect Google will likely announce announce an update to Bard as well as numerous AI integrations with their productivity apps, such as Google Docs. Whatever happens, I’m sure that tomorrow will be full of exciting news and a lot of details to sift through. [watch online]
IBM launches new AI services
Hot off the heals of announcing that they will be using AI to replace 7800 jobs, IBM is back in the news with WatsonX, a new AI platform aimed at the enterprise market. For the most part, it appears that IBM is just releasing the same AI models & services already available from Microsoft, Google, and Amazon, but IBM claims that what makes their models unique is that they have been trained specifically using enterprise data. If that’s a compelling story is yet to be seen, but for now you can add IBM to your list of AI provider choices. [read more]
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What exactly is ChatGPT?
Put simply, ChatGPT is a chat program (a webpage) which interacts with a Large Language Model (LLM), specifically the GPT-4 LLM. You may have also heard of the term NLP or Natural Language Processing as well. That is the ‘chat’ part of ChatGPT which allows you to communicate with it…naturally. When you type a question (aka prompt), that text is sent to the LLM for processing and the response is output in your chat.
So you might now be wondering what an LLM is. I’m glad you asked. An LLM is a computer program that has been given (trained) on A LOT of textual information… documents, web pages, etc. It can recognize patterns in the text, complex patterns. Just like a child that has been taught their ABCs, if you start to sing A..B..C.. they will start to sing the rest of the alphabet. Likewise, given some text, a prompt, the LLM will ‘predict’ what it thinks comes next. Of course the patterns known to the LLM are incredibly complex, so it appears that it’s responses are intelligent, when in reality it has no understanding of what it’s responding with. It is merely guessing what it ‘thinks’ should come next. Just like the predictive text on your phone when you’re typing a text. That’s it. :)
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ChatGPT overview
In future editions we’ll cover a little more about GPT and what makes it tick. Stay tuned.
Tools to check out!
Langchain! If you’re a developer and want to get started with AI. Definitely check this out!
Runway - Generative image and video, editing and text to video
LUNA - use AI to find leads and to engage with them!
Notion AI - The popular note taking/organization app has added some novel AI integrations for text generation, summarizing, and more
You’ve reached the end for today, but we’ll be back with more news to inspire you again tomorrow.
Thanks for reading! If you found this issue helpful, please consider sending it to a friend. 😄