⚡️ Meta Plays the Long Game

Good morning. Meta quietly unveils Llama 2 Long LLM, surpassing GPT-3.5 Turbo and Claude 2 on long-context tasks. But how does it compare across other kinds of tasks? Let’s find out.

Today’s Highlights:

• Jasper AI struggles with slow growth

• Pixel 8's innovative AI features revealed

• Character.AI eyes $5 billion valuation

DEEP DIVE

Meta's Llama 2 Long Surpasses Leading LLMs

Meta Platforms recently introduced new AI features to its popular apps—Facebook, Instagram, and WhatsApp—at the annual Meta Connect conference held in Menlo Park, California. Alongside these feature updates, the social media giant quietly unveiled its exceptional AI model, Llama 2 Long on arXiv.org.

Based on Meta's open-source Llama 2, this AI model has been refortified with longer training sequences, enabling it to generate superior and more insightful responses to extended user prompts. As a result, it outperforms some of the leading competition in generating responses to long user prompts, including OpenAI's GPT-3.5 Turbo and Claude 2.

By infusing Llama 2's 7 billion, 13 billion, 34 billion, and 70 billion training parameter variants with an additional 400 billion tokens-worth of more extended text data sources, Meta researchers fashioned Llama 2 Long. This model can handle distant tokens that appear infrequently or have fewer relations to other information fragments.

How does this model fare in real-world scenarios?

The Llama 2 Long, tested for various tasks like coding, math, language comprehension, and answering prompted questions, shows a promising performance, commendably surpassing its predecessor Llama 2.

Where does Llama 2 Long fit in your list of AI models?

• Improved performance on various tasks by incorporating Reinforcement Learning from Human Feedback (RLHF).

• Can generate responses on a broad range of topics, like history, science, literature, and sports.

This development signals an impressive leap for Meta's open-source approach towards generative AI, proving that open-source can indeed hold its ground amongst closed-source models.

However, like most things in AI, the validation and widespread acceptance of Llama 2 Long will ultimately be determined by its long-term performance and the tangible benefits it brings to AI adopters.

Keep reading here.

PUNCHLINES

The New Language of AI: LeoLM, an open-source LLM optimized for German, is set to reshape the linguistic landscape for open-source and commercial applications.

Pixel's Perfect: Google's leaked ‘Switch to Pixel’ ad illuminates the Pixel 8's innovative AI features.

Paris Pinnacle: Humane makes a fashionable debut with its wearable AI Pin on the Paris runway.

Billion Dollar Chat: Character.AI is exploring funding options that could soon help the startup boast a $5 billion valuation.

TLDR

Jasper AI struggles with slow growth and drops valuation: Jasper AI sees a reduction in internal valuation by 20% amidst slowing growth. The company, known for its AI writing tool, experienced a decrease in growth with the arrival of ChatGPT, a low-cost competitor. Furthermore, Jasper's projected annual recurring revenue was revised down by 30%, and layoffs occurred in July.

Prisma Labs refines selfie app Lensa with Magic Avatars 2.0: Prisma Labs introduces Magic Avatars 2.0 in their Lensa AI selfie app, offering unique avatars with improved quality. Despite facing controversy over AI training with digital art from the internet, Lensa continues to diversify its services with features like a Magic Correction tool, background editing ability, and upgrade options.

OpenAI quietly ships DALL-E 3 AI Image Generator in Bing: OpenAI's next-gen AI art tool, DALL-E 3, appears to have been made available on Microsoft's Bing Image Creator. Beating competitors like Midjourney and Stable Diffusion, DALL-E 3 is an upgrade to the immensely popular predecessor DALL-E 2. The tool offers improved image and text interpretation capabilities, surpassing the performance of its predecessor and other image generators.

Uber Freight brings AI to its core with new roadmap: Following the Transplace takeover, Uber Freight discloses its product map guided by AI-driven applications. Over $120M investment in technology has enabled capabilities like an updated TMS, Uber Freight Exchange, and Insights AI for enhanced logistics.

TRENDING TOOLS

🛠️ Clevis: Build and market AI-enabled apps code-free

🔐 Carton: Run any ML model in any programming language

🤖 Scale Donovan: An AI decision-making platform for prompt understanding, planning, and implementation

🧠 Braintrust: Develop AI projects without guesswork using enterprise-grade stack

📝 Bluedot: Record and transcribe meetings with AI-improved notes

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