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Hey Edge Family, good morning! Anthropic dropped a huge update with their latest LLM yesterday, Claude 3.

The Breakdown

• Latest Developments

• 3 Top AI tools

• Real Life Use Cases

• AI Game

🚨 Latest Developments 

Anthropic announces Claude 3 model family

Big Takeaway: Anthropic introduces the Claude 3 model family, which introduces three advanced AI models: Claude 3 Haiku, Claude 3 Sonnet, and Claude 3 Opus, designed to set new industry standards across various cognitive tasks.

• Claude 3 Opus is the flagship model that surpasses competitors like OpenAI's GPT-4 and Google's Gemini Ultra in industry benchmarks, including undergraduate and graduate-level knowledge assessments and mathematics. This is HUGE.

• This is Anthropic's first multimodal model family, which lets users get insights from images, charts, documents, and other data, similar to OpenAI GPT-4.

• Starting with a 200K context window, the Claude 3 models are capable of processing inputs that exceed 1 million tokens. Opus stands out for achieving near-perfect recall in information retrieval.

• Claude 3 models have lower biases than earlier models, aiming for neutrality and much lower political bias.

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Huawei’s proprietary AI chip could exceed Nvidia’s chips

Big Takeaway: According to SemiAnalysis, Huawei's Ascend 910B chip has AI processing capabilities that match or significantly beat Nvidia's A100 GPU.

• Nvidia recognizes Huawei's Ascend 910B AI chip as a potential competitor in the AI chip market they dominate, particularly in China.

• Huawei is actively enhancing its chip operations and forming alliances with local suppliers, despite facing US sanctions aimed at limiting its semiconductor activities.

• Chinese tech giant, Baidu has placed an order for over 1500 Ascend 910B AI chips from Huawei, and iFlytek is integrating these chips into its Feixing One computing platform.

🔎 Extra Insights 

JPMorgan’s AI powered management tool

JPMorgan has implemented an AI-powered management tool called “Cash Flow Intelligence” for its corporate clients. The tool has reportedly slashed manual labor by nearly 90% for some clients and garnered "tremendous" interest from 2,500 corporate users so far.

French police test AI-powered security cameras before Olympics

French authorities are testing AI-enabled video surveillance ahead of the 2024 Paris Olympics, deploying algorithms to detect potential threats like weapons, fires, abandoned objects, and crowd behaviors like overcrowding or trespassing.

China offers ‘computing vouchers’ to small AI startups

Amid a global shortage of AI chips vital for training large language models, at least 17 cities in China are offering computing vouchers worth up to $280,000 to startups to help cover increasing data center costs. The vouchers allow access to AI data centers.

💎 3 Top AI Tools

💻 Real Life Use Cases

Chat GPT Prompt: Conversion optimized blog

Use this ChatGPT prompt to generate a mock blog post about any topic.

Copy and paste the prompt below:

Create a conversion-optimized blog post about (Insert topic related to your product/service, e.g., the benefits of productivity apps). Use the post to subtly introduce your product, offer genuine value, and include 10 possible CTA to capture attention and drive leads.

Here’s a link to the results:

💼 Who’s Hiring in AI

🎲 AI Game

Find the answer here

That’s all for today!

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