Anthropic launches improved version of its entry-level LLMAnthropic, the AI startup co-founded by ex-OpenAI execs, has released an updated version of its faster, cheaper text-generating model available through an API, Claude Instant.
The updated Claude Instant, Claude Instant 1.2, incorporates the strengths of Anthropic’s recently announced flagship model, Claude 2, showing “significant” gains in areas such as math, coding, reasoning and safety, according to Anthropic. In internal testing, Claude Instant 1.2 scored 58.7% on a coding benchmark compared to Claude Instant 1.1, which scored 52.8%, and 86.7% on a set of math questions versus 80.9% for Claude Instant 1.1.
“Claude Instant generates longer, more structured responses and follows formatting instructions better,” Anthropic writes in a blog post. “Instant 1.2 also shows improvements in quote extraction, multilingual capabilities and question answering.”
Claude Instant 1.2 is also less likely to hallucinate and more resistant to jailbreaking attempts, Anthropic claims. In the context of large language models like Claude, “hallucination” is where a model generates text that’s incorrect or nonsensical, while jailbreaking is a technique that uses cleverly-written prompts to bypass the safety features placed on large language models by their creators.
And Claude Instant 1.2 features a context window that’s the same size of Claude 2’s — 100,000 tokens. Context window refers to the text the model considers before generating additional text, while tokens represent raw text (e.g. the word “fantastic” would be split into the tokens “fan,” “tas” and “tic”). Claude Instant 1.2 and Claude 2 can analyze roughly 75,000 words, about the length of “The Great Gatsby.”
Generally speaking, models with large context windows are less likely to “forget” the content of recent conversations.
As we’ve reported previously, Anthropic’s ambition is to create a “next-gen algorithm for AI self-teaching,” as it describes it in a pitch deck to investors. Such an algorithm could be used to build virtual assistants that can answer emails, perform research and generate art, books and more — some of which we’ve already gotten a taste of with the likes of GPT-4 and other large language models.
But Claude Instant isn’t this algorithm. Rather, it’s intended to compete with similar entry-level offerings from OpenAI as well as startups such as Cohere and AI21 Labs, all of which are developing and productizing their own text-generating — and in some cases image-generating — AI systems.
To date, Anthropic, which launched in 2021, led by former OpenAI VP of research Dario Amodei, has raised $1.45 billion at a valuation in the single-digit billions. While that might sound like a lot, it’s far short of what the company estimates it’ll need — $5 billion over the next two years — to create its envisioned chatbot.

Anthropic claims to have “thousands” of customers and partners currently, including Quora, which delivers access to Claude and Claude Instant through its subscription-based generative AI app Poe. Claude powers DuckDuckGo’s recently launched DuckAssist tool, which directly answers straightforward search queries for users, in combination with OpenAI’s ChatGPT. And on Notion, Claude is a part of the technical backend for Notion AI, an AI writing assistant integrated with the Notion workspace.

https://ai.meta.com/blog/audiocraft-musicgen-audiogen-encodec-generative-ai-audio/

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Polygon 2.0 introduces upgrades to tap into 'Value Layer' of internetAccording to Polygon Labs, Polygon 2.0 will enable users to create, exchange, and program value on the internet.

Deepfakes are becoming so advanced to spoof KYC.
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#AI to #3d projects.
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Unsolved problems of web3, dapps and p2p. Decentralized?
Just FYI.

Analyzing sound design of horror video games.

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Google launches AI text to music creation tool MusicLMGoogle has launched MusicLM, a new experimental AI tool that turns text descriptions into music. It’s still in beta, but starting today, you can sign up to try it in Google’s AI. Continue reading
The post Google launches AI text to music creation tool MusicLM appeared first on Hypebot.

Meta announces generative AI features for advertisersMeta today announced an AI Sandbox for advertisers to help them create alternative copies, background generation through text prompts and image cropping for Facebook or Instagram ads.
The first feature lets brands generate different variations of the same copy for different audiences while trying to keep the core message of the ad similar. The background generation feature makes it easier to create different assets for a campaign. Finally, the image cropping feature helps companies create visuals in different aspect ratios for various mediums, such as social posts, stories, or short videos like Reels.
The company said that these features are available to select advertisers at the moment and it will expand access to more advertisers in July.
“Currently, we’re working with a small group of advertisers in order to quickly gather feedback that we can use to make these products even better. In July, we will begin gradually expanding access to more advertisers with plans to add some of these features into our products later this year,” it said in a blog post.
Meta’s announcement comes after the company’s CTO Andrew Bosworth said last month that the company was looking to use generative AI tech for ads.
“[I] expect we’ll start seeing some of them [commercialization of the tech] this year. We just created a new team, the generative AI team, a couple of months ago; they are very busy. It’s probably the area that I’m spending the most time [in], as well as Mark Zuckerberg and [Chief Product Officer] Chris Cox,” Bosworth told Nikkei Asia in an interview at the time.
Meta had positive quarterly results for Q1 2023. The company beat analyst expectations and posted year-on-year revenue growth for the first time in three quarters. Mark Zuckerberg mentioned that, while the tech giant has started working on different AI tools, it remained committed to metaverse development.
While Meta is releasing some lightweight generative AI features for advertisers, some ad tech startups are heavily leaning into it. Omneky, which presented at TechCrunch Disrupt last year, used OpenAI’s DALLE-2 and GPT-3 to create ads. Movio, which counts IDG, Sequoia Capital China, and Baidu Ventures as its backers, is using generative AI to create marketing videos as well.
Meta announces generative AI features for advertisers by Ivan Mehta originally published on TechCrunch

Music, AI & the Metaverse ‘offer limitless possibilities’The potential for AI to disrupt music is the topic de jour, but add the Metaverse to the mix, and the possibilities become even more mind-boggling. Guest post by Eric. Continue reading
The post Music, AI & the Metaverse ‘offer limitless possibilities’ appeared first on Hypebot.

Leading cryptocurrency exchange Binance briefly halted withdrawals on the Bitcoin (BTC) blockchain as the network experiences unprecedented congestion. The exchange briefly halted withdrawals twice on Sunday, as the number of unconfirmed transactions reached record levels.

SoundCloud’s new ‘Fans’ tool lets artists DM their superfansFans is currently in beta with over 10,000 artists, including Warner Music Group artists
Source

Grimes offers AI creators a 50% royalty split for using her voiceGrimes is embracing AI music at a time when most other major artists and their labels are pushing the panic button with an offer to split royalties with any AI. Continue reading
The post Grimes offers AI creators a 50% royalty split for using her voice appeared first on Hypebot.