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All issuesVolume 316, Issue 4IT NewsAI

Artificial Intelligence Software And Services June 2024 Monthly Market Snapshot Report

The Futurum Group, Monday, July 22nd, 2024

June was marked by a series of technology, product, and market news that reflected the still-nascent world of AI. This news revolved around AI model interpretation, new capabilities, partnerships, transparency, and the development of new AI platforms.

It also featured the discontinuation of an AI-powered order-taking system due to inaccuracy and news of a scuttled partnership between two major AI-focused organizations over data privacy and security issues.

Technology Developments

What? OpenAI has developed new methods to improve the interpretability of the GPT-4 model by identifying patterns within the model's neural activations. These methodologies enable the identification of 16 million features in GPT-4, showing improved scalability and interpretability.

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