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AI Market News: Internet 'Too Small,' OpenAI's 'Instant' Access and More

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The Internet May be 'Too Small' for Next-Gen AI

The internet may be “too small” to train next-generation AI models by leading companies, according to The Wall Street Journal. The AI market is “rapidly approaching the point of data drought,” reporter Deepa Seetharaman says in an X post. OpenAI reportedly discussed training GPT-5, its next model, on “transcriptions of public YouTube videos, people familiar with the matter said,” Seetharaman says.

OpenAI Giving Users 'Instant' Access to ChatGPT

San Francisco-based OpenAI is allowing people to use ChatGPT “instantly” without signing up with OpenAI. “It's core to our mission to make tools like ChatGPT broadly available,” OpenAI says. The company is rolling out the instant access “gradually.”

OpenAI Plans to Open Tokyo Office

OpenAI is planning to expand its international presence by opening an office in Tokyo this month, according to Bloomberg. OpenAI is reportedly looking to expand its services in Japanese and work with the government there on risk and regulation. The company has other international offices in London and Dublin.

Report Says 40% of Marketing Work Will be Done by AI

GenAI will be able to handle over 40% of the “collective work of marketing teams” and potentially 100% of specific marketing tasks by 2029, according to a report by International Data Corporation (IDC). Researchers evaluated tasks in several areas: management and planning; branding and creative services; campaign and engagement; analytics and reporting; and other. “Marketing leaders will have to prepare their staff for fundamental changes to roles, skills and organizational structure,” said Gerry Murray, research director of enterprise marketing technology, IDC.

OpenAI Previewing Voice Engine

OpenAI is previewing Voice Engine, a model for creating custom voices, which it is choosing to not widely release “at this time.” The model is designed to use a text input and 15-second audio sample to generate “natural-sounding speech that closely resembles the original speaker.” OpenAI says it is “important that people around the world understand where this technology is headed,” and it wants to “engage in conversations around the challenges and opportunities of synthetic voices.”

See more: 10 Top AI Companies Defining the Market

XAI Releases Grok-1.5

XAI is introducing Grok-1.5, its latest model, which is designed with improved reasoning capabilities and a context length of 128,000 tokens. XAI says Grok-1.5 will be available to testers and existing Grok users on X in “the coming days.”

Amazon Looking to Spend Nearly $150B on Data Centers

Seattle-based Amazon is planning to spend nearly $150 billion on data centers over the next 15 years, according to Bloomberg. The move will reportedly help the company with expected demand for AI applications and services.

Microsoft and OpenAI Planning Up to $100B Data Center

Redmond, Washington-based Microsoft and OpenAI are putting together plans for a data center project that would include a supercomputer with “millions of specialized server chips to power OpenAI’s artificial intelligence,” according to The Information. The project could reportedly cost up to $100 billion.

Report Estimates GenAI is a $50B Annual 'Opportunity' in Insurance

Insurance companies can use GenAI to increase their revenues by up to 20% and reduce their costs by up to 15%, according to a report by Bain & Company. The report, “It's for Real: Generative AI Takes Hold in Insurance Distribution,” estimates that using GenAI in insurance distribution has the potential to produce over $50 billion in annual “economic benefits” for companies in the industry.

White House Issues Policy on AI Usage by Federal Agencies

The White House’s Office of Management and Budget issued a policy to help mitigate AI risks and “harness” AI benefits for federal agencies. The 34-page policy addresses several areas of AI: governance, innovation, risk management and usage. Federal agencies are required to implement “concrete safeguards when using AI in a way that could impact Americans’ rights or safety.” The agencies are also required to name chief AI officers and establish AI governance boards.

See more: 10 Top AI Products for Business

About the Author
Chris Ehrlich

Chris Ehrlich is the former editor in chief and a co-founder of VKTR. He's an award-winning journalist with over 20 years in content, covering AI, business and B2B technologies. His versatile reporting has appeared in over 20 media outlets. He's an author and holds a B.A. in English and political science from Denison University. Connect with Chris Ehrlich:

Main image: By George Rosema.
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