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Altman Sends Out Universal Basic Income Checks
Good morning. It’s Wednesday, July 24th.
Did you know: On this day in 2013, Google introduced the first generation Chromecast.
In today’s email:
Meta’s LLaMA 3.1
Elon’s AI Training Center
Altman’s UBI push
2 New AI Tools
Latest AI Research Papers
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Today’s trending AI news stories
Meta Releases Largest Open-Source AI Model Set Yet
Meta has unveiled LLaMA 3.1, marking a significant leap in open-source AI capabilities. The standout feature of this release is the LLaMA 3.1 405B model, which boasts state-of-the-art performance rivaling the best closed-source models. Key advancements include an expanded context length of up to 128K, support for eight languages, and enhanced capabilities in general knowledge, steerability, and multilingual translation.
LLaMA 3.1 is designed to drive innovation across various applications, from synthetic data generation to model distillation, offering unprecedented flexibility and control to developers. This release is accompanied by new security tools, such as LLaMA Guard 3 and Prompt Guard, ensuring responsible AI development and deployment.
Meta's commitment to open-source AI is further evidenced by partnerships with over 25 companies, including AWS, NVIDIA, Databricks, Dell, and Google Cloud, providing extensive ecosystem support from day one. Developers can try LLaMA 3.1 405B on platforms like WhatsApp and meta.ai, and access the models for download on llama.meta.com and Hugging Face. Read More
Elon Musk fires up ‘the most powerful AI cluster in the world’ to create the 'world's most powerful AI' by December
Elon Musk recently announced that xAI, his artificial intelligence company, has initiated the training of "the world's most powerful AI" using the newly operational Memphis Supercluster. This AI training cluster reportedly integrates 100,000 liquid-cooled Nvidia H100 GPUs interconnected by RDMA fabric, aiming for completion by December 2024.
Musk has bypassed the anticipated H200 and Blackwell B100 GPUs, opting for a more immediate computational surge. The supercluster surpasses prominent computing systems like Frontier and Aurora in GPU capacity. Although Musk didn’t personally launch the supercluster, it began operations at 4:20 AM CDT.
The setup, partly provided by Supermicro, marks a departure from Musk's Gigafactory of Compute's anticipated 2025 timeline. This development aligns with Musk's strategic shift from Tesla to xAI, showcasing a commitment to creating a highly competitive AI ecosystem with Grok 3. Read more.
UBI Study Backed by OpenAI's Sam Altman Bolsters Support for Basic Income
Sam Altman's OpenResearch has concluded the largest U.S. study on basic income. The three-year experiment, conducted in Illinois and Texas, provided $1,000 monthly stipends to 1,000 low-income individuals, while a control group of 2,000 received $50. Results indicate that the extra income was primarily used for essential needs like food, housing, and healthcare.
Surprisingly, participants did not significantly reduce their work hours, instead reporting increased flexibility, autonomy, and improved financial planning, demonstrating a more future-oriented mindset. Single parents particularly benefited, using the funds to balance childcare and employment.
The study also found disparities in spending patterns based on income levels, with lower-income participants prioritizing family support and housing. Altman has praised the research, funded in part by the National Institutes of Health, as a crucial step towards understanding universal basic income. Read more.
Etcetera: Stories you may have missed
Google AI slashes computer power needed for weather forecasts | New Scientist SAP: AI-Focused Restructuring to Add €200 Million to Bottom Line
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2 new AI-powered tools from around the web
Studymap.ai allows users to create personalized learning plans using AI by converting YouTube videos and articles into structured courses.
Vozo enables users to transform videos using AI prompts, offering redubbing, voice editing, and lip-sync features for effortless storytelling.
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arXiv is a free online library where researchers share pre-publication papers.
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Thank you for reading today’s edition.
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