Amazon is secretly working on a ChatGPT competitor, code-named Metis, powered by an in-house AI model called Olympus, which can provide up-to-date answers from real-time sources. This move is a significant development in the AI landscape, as it pits Amazon against other major players like OpenAI and Meta. The retail giant’s AGI team is working on building artificial intelligence that can think and learn like humans, which raises exciting possibilities for the future of AI.

The article also delves into other significant developments in the AI world, including Ilya Sutskever’s new venture, Safe SuperIntelligence, which aims to build safe AI systems. Apple is also getting into the AI game, exploring integrations with Meta’s generative AI models and holding discussions with AI startups Anthropic and Perplexity. Meanwhile, record labels are suing music-generation AI companies for alleged copyright infringement, and AI startups like Perplexity are facing scrutiny over their data scraping practices.

In the regulatory sphere, Y Combinator CEO Garry Tan and 140 AI startups have signed an open letter opposing California’s new AI regulation, which would require AI model builders to conduct risk assessments and hold developers legally liable for misuse of the technology. The article also highlights notable funding rounds for AI startups Etched AI and HeyGen, and Anthropic’s unveiling of its most intelligent AI model yet, Claude 3.5 Sonnet.

Source.

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