$1Bn yearly revenue

PLUS: AI updates from Google

Hello folks, yesterday we posted our first exclusive interview with an AI startup, Metal - their founding story, how they built the product, challenges building with AI and looking to the future. Who else should we interview?

Here’s what we have today;

 Our picks 

1/

OpenAI is currently on pace to generate more than $1 billion in revenue (paywalled). Compared to its average monthly revenue last year, OpenAI is making 35 times more today ($80M/month). OpenAI generated just $28 million in revenue last year before it started charging for ChatGPT. It lost around $540 million last year as it developed GPT-4 and ChatGPT.

2/

  • Performance upgrades for existing models and adding external models like Llama 2 and Falcon within Google’s Vertex AI.

  • Watermarking in images generated by Imagen with Deepmind’s SynthID.

  • Duet AI is available across Google Workspace and other cloud products like cybersecurity tools.

  • AlloyDB AI for building generative AI applications with PostgreSQL.

  • Cloud A3 Supercomputer, based on NVIDIA H100 designed for generative AI, to be available next month. Also, Google announced fifth generation of their TPUs.

3/

Ideogram - The AI images startup by ex-Google researchers has made an Instagram-like product publicly available. You can set your usernames, generate images and display them on your profile.

from our sponsor

Supercharge your Training and Inference workloads with Latitude.sh's Accelerate using dedicated GPU clusters.

Get access to NVIDIA's powerful 8 x H100 GPU cluster instances. With flexible hourly billing and no upfront commitments, transform your AI training and inferencing workloads.

Experience 10x more cost-effectiveness than public cloud and up to 9x faster than A100 GPUs.

Accelerate Now. Act swiftly, as availability is limited.

 From the community 
  • Hackhers - The top womxn hackathon in Silicon Valley.

  • State of AI Report Compute Index - Tracking the size of public, private, and national HPC clusters.

  • Runway Creative Partners Program - This program provides a select group of artists and creators with exclusive access to new Runway tools and models, Unlimited plans, 1 million credits, early access to new features and more.

 Cool Tools  trending product launches from the last 24 hours
  • Claude-2 is now on Perplexity Pro.

  • Autoblocks - Helping teams improve & differentiate their LLM products.

  • Centari - Accelerate data-driven deals and transactions with secure legal AI. Backed by Jack Altman, South Park Commons, and others. (news release)

  • Mori - Collaborative genealogy software for family trees.

  • Junior - AI copilot for consultants to structure expert call insights.

  • Spext Youtube summariser - All YouTube videos with chapters, key takeaways & a summary.

  • Spacebar - Playful take on voice-to-text, designed to capture daily convos and ideas. Conversations are private by default.

  • Lida by Microsoft - Automatic generation of visualizations and infographics with LLMs.

  • Loom AI - Suite of powerful new AI features in Loom, transcripts, captions in 50+ new languages, and more.

  • Gradient - Developer API for building private LLMs that you own.

 Ben’s Bites News  top posts from the last 24 hours

Ben’s Bites Insights

We have 2 databases that are updated daily which you can access by sharing Ben’s Bites using the link below;

  • All 10k+ links we’ve covered, easily filterable (1 referral)

  • 6k+ AI company funding rounds from Jan 2022, including investors, amounts, stage etc (3 referrals)

Join the conversation

or to participate.