Latest AI Trends on May 06th, 2023: OpenAI, AI Development cost, AI pioneer Geoffrey Hinton, Mojo, Patient care improvement with AI and Machine Learning, Cracking the Code of Sound Recognition

First up, OpenAI's losses doubled to $540 million as it developed ChatGPT. AI development is becoming incredibly expensive, with big companies like Microsoft potentially benefiting the most from this arms race. Microsoft's recent $10 billion investment in OpenAI entitles them to a significant share of the company's profits.AI pioneer Geoffrey Hinton suggests that AI is a new form of intelligence unlike our own. MIT researchers have developed a machine-learning method that detects internal structures, voids, and cracks inside materials based on indirect measurements at boundaries or interfaces.Microsoft Bing Chat, a new search and chat platform, has reached over 100 million daily active users, changing the way we search the web.The White House has announced a $140 million AI research center to develop guidelines and regulations for government agencies.Compiler expert Chris Lattner has developed a new AI programming language called "Mojo," which offers compatibility with Python and a speed boost of 35,000 times, potentially revolutionizing AI development.Microsoft is reportedly providing financial assistance to AMD in the development of an AI chip codenamed Athena.DeepMind's CEO has claimed that General Artificial Intelligence (AGI) could become a reality in just a few years.AI, Machine Learning Improve Patient Care, Can Empower Health Care Professionals: There are still significant unresolved issues in artificial intelligence and machine learning, which must be addressed before they can be safely and effectively used more broadly in medicine.Cracking the Code of Sound Recognition: Machine Learning Model Reveals How Our Brains Understand Communication Sounds. Researchers developed a machine learning model that mimics how the brains of social animals distinguish between sound categories, like mating, food or danger, and react accordingly.The algorithm helps explain how our brains recognize the meaning of communication sounds, such as spoken words or animal calls, providing crucial insight into the intricacies of neuronal processing.Lastly, the UK antitrust regulator is reviewing the AI Guidelines for Competition and Consumer Protection (AIGC) with results expected in September.That's all for this quick update on the latest trends in AI for May 2023. Stay tuned for more news and developments in the world of artificial intelligence!Attention AI Unraveled podcast listeners!Are you eager to expand your understanding of artificial intelligence? Look no further than the essential book "AI Unraveled: Demystifying Frequently Asked Questions on Artificial Intelligence," now available on Amazon! This engaging read answers your burning questions and provides valuable insights into the captivating world of AI. Don't miss this opportunity to elevate your knowledge and stay ahead of the curve. Get your copy on Amazon today!On today's episode, we discussed OpenAI's losses that doubled to $540 million as it developed ChatGPT, as well as machine-learning method that detects internal structures, voids, and cracks inside materials based on indirect measurements at boundaries or interfaces.