Sunday Signal #11

OpenAI Launches ChatGPT API, TikTok Drops AI Face Filter and Reid Hoffman’s Startup to Raise $675M

Hey friends 👋 ,

Welcome to Sunday Signal. If you're tired of drowning in a sea of AI-related content, let us be your life raft. Our newsletter is your guide to navigating the oceans of AI with ease, delivering the most relevant and interesting resources directly to your inbox, every Sunday. (I just inhaled a steak sandwich for dinner (with extra cheese) and am now in a total food coma, let's get to it.)

Today's Through the Noise is brought to you by

Struggling to find the right developers for your startup? Meet, the one-stop marketplace for skilled and experienced senior developers, all at competitive rates. This is what makes cut through the noise:

  • You can have a vetted engineer working on your project within a week instead of months

  • You can avoid wasting time on unqualified candidates and easily gain access to global talent without the hassle of multiple job boards

  • If anything goes wrong, offers a problem-free replacement to ensure your project stays on track

The best part—you can use our Through the Noise link and get a 15% discount for the first 4 weeks of working with them. Visit today and find your perfect developer or tech team in 48 hours or less.

5 News Nuggets

Rafael Henrique / Reuters Connect

  • 🔗 Link: OpenAI released its ChatGPT API. It's called 'gpt-3.5-turbo' and is 10x cheaper than existing models. What's more, they've achieved a 90% cost reduction for ChatGPT since December, priced at only $0.002 per 1K tokens.

  • 🔗 Link: Instacart and Shopify have already adopted ChatGPT's API. Shopify built a personalised assistant for shopping recommendations, while Instacart built 'Ask Instacart' which allows customers to ask about food and get “shoppable” answers informed from product data.

  • 🔗 Link: Ford releases Latitude AI to develop automated driving technology. Their initial focus is on developing a hands-free, eyes-off-the-road automated driving system for Ford vehicles.

  • 🔗 Link: Elon Musk is recruiting a team to develop an OpenAI rival.

  • 🔗 Link: How AI could transform email. Autocomplete functions like those used by Compose AI and Google are becoming more common in email communication. I'm still waiting for an AI 'inbox zero' tool that'll handle this all for me.

4 Cool Creations

Jess Weatherbed / The Verge

  • 🔗 Link: TikTok dropped a new AI-powered face filter called 'Bold Glamour'. I've tried it—it works (scarily good). I am slightly worried about the secondary effects of the advancements in AI tuning on our digital selves. Where do expectations lie when you meet that person... in person?

  • 🔗 Link: Snapchat launches "My AI", an AI chatbot powered by OpenAI’s ChatGPT. My AI can be accessed through Snapchat+'s subscription service and can perform tasks like answering trivia questions, recommending gift ideas, planning trips, suggesting recipes, and writing haikus. I'm now guessing most social platforms will have their own version of ChatGPT baked into their platform.

  • 🔗 Link: Romania's prime minister unveils AI adviser called "Ion" to tell him what people think in real time. Ion's main task will be to scan social networks to inform the government of Romanians' proposals and wishes.

  • 🔗 Link: Waymark is fine-tuning GPT-3 to power and scale done-for-you video creation. It's one of the most powerful ways for businesses to introduce their product through TV commercials and digital video ads.

3 Startup Spotlights

Reid Hoffman and Mustafa Suleyman / FT

  • 🔗 Link: DeepMind co-founder Mustafa Suleyman and LinkedIn Creator Reid Hoffman’s start-up, Inflection, is in talks to raise $675M. They are building a personal assistant for the web.

  • 🔗 Link: Typeface raises $65M Series A led by Lightspeed Venture Partners to build an AI-powered dashboard for drafting marketing copy and images.

  • 🔗 Link: A16z leads a $200M investment into, to generate conversation in the style of various characters, including Tesla chief executive Elon Musk and Nintendo character Mario, from user prompts. The chatbot company was founded by Noam Shazeer and Daniel De Freitas, who previously built Google’s conversational model LaMDA. It's reached a $1B valuation in less than 6 months (!)

2 Top Tweets

  • 🔗 Link: OpenAI? ClosedAI! This tweet from Elon really captures his early motivation to build an OpenAI rival.

  • 🔗 Link: We're sticking with the theme of OpenAI—here's an OpenAI pricing megathread. Nathan does a great job of breaking down the 90% cost reduction of gpt-3.5-turbo.

1 Media Marvel

    Let me know what you think

    Login or Subscribe to participate in polls.

    If you liked this piece, subscribe below: