5 AI developments you might have overlooked today: BBC considers creating its own AI model, MIT creates AI tool for generating images, and more.
The BBC is considering using an AI model to analyze text archives internally; MIT has created an AI tool that can generate high-quality images 30 times faster; a study suggests that AI could potentially automate 84% of government jobs; Yotta data services is aiming to capture the global AI market by offering the cheapest compute rates. These are just a few highlights from today’s news roundup. Let’s dive in.
1. The BBC is considering an in-house artificial intelligence model from text archives
The BBC plans to create its own artificial intelligence model using text archives to streamline production processes. The model, possibly the Large Language Model, would only be available to the BBC. There have been discussions with tech companies about using AI training archives, but the BBC denies any commercial deals. Also focus on concerns about bias in AI models, Reuters reports.
2. MIT is developing artificial intelligence 30 times faster for creating high-quality images
Artificial intelligence now produces high-quality images 30 times faster in one step. MIT CSAIL researchers have revolutionized traditional diffusion models that require complex iterations. Their framework, Distribution Matching Distillation (DMD), simplifies the process to a teacher-student model, preserves image quality, and significantly speeds up production. This advance combines the principles of GANs and diffusion models, and could potentially become a new standard in generative modeling, according to an MIT News report.
3. Artificial intelligence could automate 84% of government tasks: Research
New research from the Alan Turing Institute suggests that AI can automate 84% of UK government services, including passport processing and voter registration. Dr. Jonathan Bright highlights the potential for significant time savings. The study examines 143 million recurring events, demonstrating the potential of artificial intelligence to shape modern governance, NDTV reported.
4. Yotta data services aim at the global artificial intelligence market with the most affordable computing speeds
The CEO of Yotta Data Services claims to offer the cheapest AI computing prices in the world, touting $1.8 per GPU hour on multi-year contracts. Through a strategic partnership with NVIDIA, Yotta aims to solve the global GPU shortage. Yotta, which operates in special economic zones and utilizes energy supplies from group companies, plans to reach profitability in 2-3 years, Economic Times reports.
5. Salman Rushdie criticizes AI writing tools
Salman Rushdie criticized AI writing tools citing their lack of originality and humor. He tested ChatGPT and found it to be “nonsense” and far from his style. Although Rushdie acknowledges the potential threats to formulaic writers, he believes that serious writers remain unchallenged. However, he cautions against the rapid learning of artificial intelligence and its potential impact on genre writers, especially in Hollywood, NDTV reported.
