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OpenAI to Give Sam Altman Equity

OpenAI to Give Sam Altman Equity

Molmo AI Models Beat GPT-4o

Altiam Kabir
September 27, 2024

In partnership with

Welcome to another edition of AI PlanetX.

OpenAI goes for-profit as Altman secures ownership; Molmo takes on GPT-4o in AI performance race.

Inside This Edition: 💎

Hottest AI News
Top AI & SaaS Tools
AI Tutorial
Top AI & Tech News
Interesting Uses of AI
Top AI Video Tutorial
AI Job List
Complimentary AI Course of the Day

Hottest AI News

OpenAI

OpenAI Drops Non-Profit Status, Altman Gets Stake

OpenAI is transforming into a for-profit benefit corporation, marking a major shift from its non-profit roots and signaling a new era in AI development and governance.

Details:

The restructuring will shift control away from the non-profit, which will retain a minority stake in the new for-profit entity to attract investors
CEO Sam Altman will receive equity in the for-profit entity, potentially valued at $150 billion
This change occurs alongside leadership transitions, including CTO Mira Murati's departure and President Greg Brockman's leave

As OpenAI transitions, questions emerge about balancing its mission of safe AGI with the pressures of a for-profit model.

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Ai2

Open Source Molmo Challenges GPT-4o Dominance in AI Benchmarks

The Allen Institute for AI (Ai2) has launched Molmo, a family of open-source multimodal AI models that outperform top competitors in benchmarks and handle both text and images.

Details:

Molmo outperforms top models like GPT-4o, Claude 3.5, and Gemini 1.5 on benchmarks, using "1000x less data"
It uses advanced multi-scale, multi-crop image processing and a two-stage training strategy, prioritizing high-quality data over reinforcement learning
Four models, led by the flagship Molmo-72B, excel in document analysis, visual reasoning, and real-world tasks, outperforming rivals on 11 benchmarks

This release showcases the potential of open-source AI and narrows the gap between open and proprietary models.

Top AI & SaaS Tools

SparkReceipt (Life-time Deal): AI receipt scanner, document manager and expense tracker for freelancers and small business
OFFLIGHT: Task management, calendar, scheduling, time tracking, AI task summaries, and more [F-R-E-E]
panda{·}etl: Automate your document workflows to effortlessly extract, transform, and query your data
Skybox: Create 360° worlds with simple text prompts, remix them into new landscapes, and edit to add or remove elements [F-R-E-E]
NotebookLM: Convert files, PDFs, or text into interactive podcasts with AI hosts. New features allow adding YouTube videos and audio files, with easy sharing via link [F-R-E-E]

AI Tutorial

How to Transform Your Data into AI-Powered Charts

Perplexity's latest feature allows users to install Python libraries, fetch financial data, and effortlessly create charts—all directly within the platform for seamless data analysis. Here’s how:

Head to Perplexity.
In the search bar, switch to “Pro” search mode (Free users can utilize up to 5 Pro searches daily).
Input a query like: “Install a package to retrieve the FTSE 100 index performance data for the last decade. Subsequently, create a visual representation of this data.”
Perplexity will fetch libraries, data, and generate the chart, ready for your analysis and follow-up questions.

Top AI & Tech News

Runway has launched The Hundred Film Fund, offering $1 million in grants for filmmakers using AI. The initiative aims to support 100 films, with grants ranging from $5,000 to $1 million and decisions made within 14 days of application [Submit application if interested]
Amazon x Anthropic cleared in the UK, allowing the launch of “Remarkable Alexa” to proceed [Read More]
Gemini is making Gmail’s smart replies smarter [Read More]
OpenAI’s VP of global affairs claims o1 is ‘virtually perfect’ at correcting bias, but the data doesn’t quite back that up [Read More]
Kristen Bell told Instagram to ‘get rid of AI’ before she became its official voice [Read More]

Interesting Uses of AI

AI Art Spotlight

AI Model: Ideogram 2.0

Prompt:

A captivating painting of a whimsical and cozy scene featuring a delightful little frog residing inside a softly glowing light bulb. The frog has created a charming home for herself, nestled among vibrant grass, with a quaint leaf-made house adorned with twinkling dewdrops. A cozy, yellow armchair made of grass sits beside her dwelling, inviting relaxation. The overall atmosphere of the painting exudes a magical enchantment, perfectly complementing the rustic charm of the frog's quaint abode., illustration, painting

AI Prompt of the Day

Facebook Ad Copy Creation

This prompt focuses on crafting Facebook ad copy that showcases your brand’s unique selling proposition (USP) and competitive advantages, targeting a specific audience.