AI Daily News by Bush Bush

1. OpenAI has announced that it has no immediate plans to go public, according to Chief Executive Sam Altman. Altman made this statement during a conference in Abu Dhabi, where he emphasized the potential decision-making challenges that could arise when superintelligence is achieved.[1]
2. Stanford Researchers Introduce FrugalGPT: A New AI Framework For LLM APIs To Handle Natural Language Queries. FrugalGPT saves up to 98% of the inference cost while maintaining the same performance on the downstream task. FrugalGPT, on the other hand, can yield a performance boost of up to 4% for the same price.[2]
3. The iPhone’s ducking autocorrect problem finally gets fixed. Apple’s new iOS keyboard will learn your habits over time, fixing words that you frequently misspell – and leaving words alone that you intentionally thumbed in. It will also use AI to better predict your next word and provide improved autofill suggestions.[3]
4. Alibaba Group Holding’s cloud computing arm has begun beta testing Tongyi Tingwu, its audio- and video-focused artificial intelligence model. Tongyi Tingwu can complete the transcription, retrieval, summarization, and sorting of audio and video content in real-time, according to the demonstration of its capabilities.[4]

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