NEWS IN BRIEF: AI/ML FRESH UPDATES

Get your daily dose of global tech news and stay ahead in the industry! Read more about AI trends and breakthroughs from around the world

Free AI Model from OpenAI

OpenAI responds to cheaper Chinese rival with free o3-mini AI model for ChatGPT users, following DeepSeek's unexpected success. Users can access the new AI model without charge, but with usage limits, in response to increased competition.

AI vs Software Engineering: Unveiling the Key Differences

AI projects differ from traditional software development in their iterative approach, emphasizing discovery and adaptation. The AI development lifecycle includes problem definition, data preparation, model development, evaluation, deployment, and monitoring.

Unlocking Keir Starmer's Economic Potential: The Stephen Collins Cartoon

Tesla's new self-driving technology, Full Self-Driving (FSD) beta, has been met with mixed reviews, with some testers reporting significant improvements in performance and others highlighting safety concerns. The FSD beta represents a significant step forward in autonomous driving technology, but questions remain about its reliability and potential risks.

Unveiling E-commerce Inequality

A 6-year Shopify case study reveals the delicate balance between product focus and diversification for optimal business success. Learn how understanding concentration in your product portfolio impacts crucial decisions, with practical strategies and interactive visualizations provided.

Revolutionizing Supply Chains with Amazon Bedrock AI

Amazon Bedrock utilizes generative AI to create intelligent supply chain solutions, mitigating risks and improving agility. Its visual workflow builder connects data sources and AWS services for end-to-end solutions, ensuring resilience in the face of disruptions.

Maximizing Accuracy: Pruning MNIST Data for 99%

Data-centric AI can create efficient models; using just 10% of data achieved over 98% accuracy in MNIST experiments. Pruning with "furthest-from-centroid" selection strategy improved model accuracy by selecting unique, diverse examples.

Unleashing Hidden Patient Insights with AI and Amazon Bedrock

Aetion leverages real-world data to uncover hidden insights with Smart Subgroups and generative AI, transforming patient journeys into evidence. Aetion's use of Amazon Bedrock and Anthropic's Claude 3 LLMs enables users to interact with Smart Subgroups using natural language queries, accelerating hypothesis generation and evidence creation.

Maximizing Marketing Impact: Contextual Bandit Simulation

Bandit algorithm vs A/B test: When A/B tests fail due to multiple variants or one-off campaigns, bandit algorithms offer a more efficient solution by focusing budget on the best performing ad variant in real-time. Bandit algorithms maximize rewards by serving the ad variant with the highest KPI, making them ideal for campaigns with numerous treatments or special events.