👾 The AI evolution

Plus SoftBank is looking at OpenAI

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AI could soon talk to AI

Google DeepMind co-founder Mustafa Suleyman says generative AI is a phase and that we’re moving toward interactive AI (IAI).

Suleyman, who left Google in early 2022 and has since founded AI startup Inflection, says IAI will be able to connect to other systems - and people - to get things done. Speaking with MIT Technology Review, Suleyman says IAI will work by providing it with a “general, high-level goal and it will use all the tools it has to act on that.”

Considering Salesforce CEO Marc Benioff just told us artificial general AI (AGI) is on the way, it’s starting to feel like we’re currently living through the AI equivalent of 1990s dial-up internet.

MIT Technology Review | Link to story.

SoftBank x OpenAI (maybe)

Japan-headquartered investment company SoftBank is considering a stake in OpenAI, according to sources for the Financial Times.

SoftBank, which first turned heads with its roughly $100 billion Vision fund in 2017, is said to be scoping out a clutch of AI deals, which could include a strategic partnership with the Chat-GPT operator.

SoftBank-owned chipmaker ARM went public last week, ensuring the parent company has about $65 billion extra to play with when when shopping around for AI investments.

Financial Times | Link to story (paywall)

Building value, brick by brick

AI cloud data platform Databricks has raised a $500 million Series I on a $43 billion valuation. (Yes, 43 BILLION DOLLARS.) The investment was led by T. Rowe Price with Nvidia and others also getting involved.

For those watching AI companies closely, valuations like this may signal a bubble - after all, many crypto exchanges were once worth tens of billions. But such a late-stage buy-in may suggest AI is on a very different trajectory.

Crunchbase News | Link to story

Taking the words out of Stephen Fry’s mouth

Stephen Fry is calling attention to AI companies that are using people's voices without permission for audio emulation tools.

Speaking at a conference in London, Fry played a clip that sounded like him, saying aloud something he has never said. The ​​actor and writer claimed the unnamed company used voice recordings from his narration of the _Harry Potter _audiobooks to train its AI system.

“This is audio,” Fry continued. “It won’t be long until full deepfake videos are just as convincing.”

Deadline | Link to story.

Profile Picture of Tom Wilton

Written By: Tom Wilton

Lead Newsletter Writer

Published Date: Sep 19, 2023

From AI's next phase of interactive intelligence to SoftBank's potential OpenAI stake, Databricks' soaring valuation, and Fry's deepfake alarm.