Stay ahead of the headlines

Dec 6, 2023·MIT Technology Review

Google's DeepMind unveils Gemini, competitive AI against OpenAI's GPT-4. Though surpassing GPT-4 in most metrics, the advancements marginally small. Gemini, a multi-modal AI can process various inputs (text, images, audio), and a revamped Bard chatbot incorporates it. Comes in three versions tailored for different computing resources; full release pending for comprehensive safety checks. Despite superior performance on benchmarks, Gemini falls short on image and video tasks. Increased factual accuracy and attribution usage noted, however general challenges with generative AI continue. Despite criticisms, Google's CEO, Sundar Pichai, remains optimistic about multi-modal AI's potential.

Dec 6, 2023·ZDNet

Google's new AI model, Gemini, can interpret text, images, videos, and audio. Available in three versions - Nano, Pro and Ultra - it is integrated with Google Bard and Google Pixel 8, and will be incorporated into other Google services. Gemini's multimodal function allows it to understand and combine various information types. Unlike other AI models such as GPT-4 which rely on plugins for multimodality, Gemini natively supports it.

Dec 6, 2023·Wired

Google unveils Gemini AI model capable of working with text, images, and video, embedded in Bard chatbot for English language setting. Launching across 170+ countries, developers gain access via Google Cloud's API from Dec 13. Pixel 8 smartphone keyboard powers suggested messaging replies through compact Gemini version. Future integrations include generative search, ads, Chrome. Most potent Gemini version expected in 2024. Gemini outperforms ChatGPT's GPT-3.5 on six out of eight AI software benchmarks with three versions - Ultra, Nano, Pro.

Dec 6, 2023·LinkedIn

Allie K. Miller discusses Google's new AI model, Gemini, highlighting its focus on reasoning and action, improved efficiency, multi-modal functionality, and variety of models for different use cases. With the progression of AI, proactive interventions are expected in 2024 along with lower AI Operational Expenses (OpEx), multi-modal and multi-model orchestration and delegation.

Dec 5, 2023·MobiHealthNews

MIT spinoff AI firm Layer Health launches with $4M funding from Google Ventures, General Catalyst, Inception Health. Its product, Distill, uses AI for administrative, clinical and research tasks that require chart review.

Dec 4, 2023·Becker's Hospital Review

Walmart partners with Orlando Health for patient care in Walmart's eight health centers in the Orlando area. This collaboration aims at effective patient care transitions and improved value-based outcomes, with no monetary transactions involved. Healthcare leaders express potential growth in new patients and high-quality, low-cost outcomes through such partnerships. Comparatively, One Medical collaborates with health systems, reimbursing them for care delivery and collecting patient visit fees. Walmart's move, deemed as a catalyst for care delivery innovation, is also deemed an opportunity to enhance health and reduce healthcare costs for Walmart's 1.6 million employees, the nation's largest private workforce.

Dec 4, 2023·Fox Business

Nvidia CEO Jensen Huang forecasts AI will reach "competitive" level of human thinking within five years, however, experts deem the timeline ambitious with various caveats. Even though AI advances impress, defining artificial general intelligence (AGI) remains contested, involving achieving human-like intelligence. Nvidia serves a critical role in AI by supplying high-demand chips and GPUs essential for AI processing. Large investments, increased computing power, ample datasets and progress in deep learning and frontier models are required for AGI. Experts worry the surge of AI-generated content might delay development due to potential data quality issues.

Dec 1, 2023·The Atlantic

OpenAI, a leading AI start-up, experiences turmoil with CEO Sam Altman's firing and rehiring due to corporate governance issues. The firm's unique organization of having a non-profit entity overseeing its for-profit subsidiary leads to tension between fast commercialization and resisting rapid AI development, highlighting need for better corporate structuring.

Nov 28, 2023·McKinsey & Company

McKinsey article underscores the importance of rigorous strategy testing for businesses. Instead of chasing new strategic approaches, it suggests focusing on timeless principles. The article provides ten critical tests for evaluating strategy, including understanding competitive advantage, recognizing market trends, handling uncertainty and assessing market position. It emphasizes that strategy is not a framework but a way of thinking, and advises that strategic dialogue is essential in any corporate setting. A strategy should be able to leverage trends, be based on insights, accommodate uncertainty, mitigate biases, facilitate action, and balance commitment and flexibility.

Nov 28, 2023·Forbes

Best Buy Health and Mass General Brigham collaborate to enhance home healthcare services using tech-driven model. Initiative aligns with growing patient demand for accessible at-home care. Best Buy Health supports MGB's Home Hospital and Home Care services. Technology, including Best Buy's Current Health platform and Lively personal emergency response device, helps improve patient care delivery. Home healthcare can lower costs, increase patient convenience and decrease hospital reliance. Tech advancements facilitate virtual care and remote monitoring, improving patient outcomes. Future focus on seamless rollout and scaling of initiative obstacles.

Nov 27, 2023·Healthcare Finance News

Express Scripts' new pharmacy network, ClearNetwork, offers 'cost plus' drug pricing model; clients pay the pharmacy's projected drug cost and small markup. Starting in 2024, ClearNetwork covers all medications on a client's formulary. Estimated costs are based on various industry benchmarks; charges include a dispensing fee and a 15% management fee. The model serves employers, health plans and government organizations.

Nov 22, 2023·Becker's Hospital Review

Post-pandemic CEO recruitment prioritizes soft skills like empathy, humility, self-awareness, over hard skills. Successful pandemic leadership disclosed limitations, connected deeply. Companies, including Blackstone, acknowledge essentialness of soft skills. Recent research supports trend; CEOs with intellectual humility have better judgment, receive higher ratings. CEOs hire coaches to develop soft skills. Success hierarchy involves listening to learn, not win.

Nov 22, 2023·YouTube

AI scientist Ilya Sutskever, co-founder of ChatGPT, discusses his philosophy, predictions, and the global debate over the safety and regulation of AI. Sutskever's goal is to achieve artificial general intelligence (AGI), a system superior to human capabilities in performing any task. The documentary features interviews exploring the opportunities and risks of AGI and AI development.

Nov 22, 2023·CNBC

Sam Altman reinstated as OpenAI CEO amid pressure from stakeholders. Former Salesforce co-CEO Bret Taylor and ex-Treasury Secretary Larry Summers join OpenAI's board, with Taylor as chair. Majority of employees threatened to migrate to Microsoft if Altman wasn't reinstated. Microsoft CEO Nadella welcomes the changes, emphasizing effective governance. Quick reinstatement follows investors, including Microsoft, Tiger Global and Sequoia Capital, trying to reverse Altman's ousting. Altman led OpenAI since 2019, part of a nonprofit founded in 2015. Altman and Brockman return to coding at OpenAI. Investor and founder community reacts unfavorably to Altman's firing. Nadella, who made a surprise appearance at OpenAI's developer conference, was reportedly surprised and upset by the announcement. Microsoft has invested billions of dollars in OpenAI.

Nov 20, 2023·CNBC

Former OpenAI CEO Sam Altman to join Microsoft's new advanced AI research team, announced by Microsoft CEO Satya Nadella. Altman and former OpenAI president Greg Brockman will lead, aligning with Microsoft’s massive investment and close partnership with OpenAI. Despite his recent controversial removal as OpenAI's CEO, Altman's appointment is supported by OpenAI investors; OpenAI hires former Twitch CEO Emmett Shear.

Nov 20, 2023·The Guardian

Sam Altman's removal as OpenAI CEO causes Silicon Valley stir. Altman, lead role in AI revolution, outrages staff with abrupt dismissal. OpenAI developed ChatGPT and Dall-E, creating AI-built images and convincing text; valued at $80bn pre-firing. Board cites lack of candidness as Altman's downfall, amid concerns of over-quick AI progression. Altman reportedly in talks with Jony Ive for AI hardware venture; plans for AI system development chips. With attempted reinstatement by Microsoft and team, Altman heads Microsoft's new advanced AI research unit. Possible Microsoft OpenAI buyout faces regulatory scrutiny. Disgruntled OpenAI staff and researchers likely to follow Altman to Microsoft; work on advanced AI expected to continue. Altman aims for AGI creation, benefit realization; OpenAI retains ChatGPT models. Elon Musk's xAI unveils AI chatbot Grok.

Nov 19, 2023·Becker's Hospital Review

Biden administration aims to halve cancer deaths in 25 years. Healthcare leaders suggest "moonshots": continuous healthcare through transformative, human-centric innovation; cardiovascular disease eradication through technology and various initiatives; addressing healthcare workforce shortage due to demographic changes; predictive medicine using AI and data to identify personalized risks; obesity reduction and drug cost management via improving nutrition and exercise; virtual nursing expansion to increase job satisfaction and patient care; personalizing care using big data and AI.

Nov 18, 2023·TechCrunch

OpenAI co-founder Greg Brockman quits after CEO Sam Altman fired by OpenAI board. Interim CEO Mira Murati replaces Altman. OpenAI and Microsoft silent on Altman's dismissal. Their exits impact Silicon Valley and AI race. Brockman resigned due to board's decisions. Brockman and Altman express shock over board's actions.

Nov 18, 2023·TechCrunch

Sam Altman ousted from OpenAI following board review citing lack of candor. Board lost confidence, resulting in Altman's termination as CEO and board member. Greg Brockman steps down as chairman, remaining president, with Mira Murati promoted to interim CEO, former OpenAI's CTO. OpenAI initiates search for permanent CEO. Altman's relationship with board structures and potential capital raising activities may be implicated. Tech giant Microsoft, having invested $13 billion and holding a 49% stake in OpenAI, informed minutes before news publicized.

Nov 17, 2023·Business Insider

Google researchers reveal transformers, tech driving large language models (LLMs) like ChatGPT, struggle with tasks outside their training data. The findings, a setback for achieving artificial general intelligence (AGI), highlight transformers' limitations in generalization and simple extrapolation tasks. Despite the blow to AGI ambitions, advanced AI forms may have better generalization.