NEWS IN BRIEF: AI/ML FRESH UPDATES

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Mastering Uncertainty in Home Valuations

Automated Valuation Models (AVMs) use AI to predict home values, but uncertainty can lead to costly mistakes. AVMU quantifies prediction reliability, aiding smarter decisions in real estate purchases.

Master Prompt Caching on Amazon Bedrock

Amazon Bedrock now offers prompt caching with Anthropic’s Claude 3.5 Haiku and Claude 3.7 Sonnet models, reducing latency by up to 85% and costs by 90%. Mark specific portions of prompts to be cached, optimizing input token processing and maximizing cost savings.

Efficient Multi-Tenancy in Amazon Bedrock with Metadata Filtering

Amazon Bedrock offers high-performing foundation models and end-to-end RAG workflows for creating accurate generative AI applications. Utilize S3 folder structures and metadata filtering for efficient data segmentation within a single knowledge base, ensuring proper access controls across different business units.

AI and Authorship: A Creative Collaboration

Authors criticize Meta for using their work to train AI, but isn't creativity built on past ideas? Examples like McEwan and Orwell show how artists have always drawn inspiration from others. The publishing industry is accused of producing copycat books that mimic successful trends.

WhatsApp's AI Tool: Not Without a Fight Polly Hudson

Meta's new AI circle on WhatsApp sparks fear and fury among users, raising concerns about privacy and surveillance in the metaverse. Users question if they are unwittingly trading their data for convenience, highlighting the importance of reading terms and conditions.

Enhancing Language Models through Feedback

Large language models (LLMs) can be fine-tuned using reinforcement learning from human feedback to align with user preferences. This method, known as superalignment, allows LLMs to adjust parameters directly to preference datasets, bypassing the need for human annotation services.

Amazon Bedrock Evaluations: Simplifying Model Assessment

Amazon Bedrock Evaluations now offers general availability of LLM-as-a-judge and RAG evaluation features, with new BYOI capabilities for external RAG systems. New citation metrics provide deeper insights into RAG system accuracy and relevance, optimizing AI performance and quality.

Enhancing Radiologist Diagnostic Accuracy

Radiologists' language can mislead - new MIT study shows overconfidence when using terms like "very likely" vs "possibly." Framework developed to improve radiologists' accuracy in reporting pathologies, benefiting patient care.

Revolutionizing Loan Approvals with AI

Lumi, an Australian fintech lender, uses Amazon SageMaker AI to provide fast loan decisions with accurate credit assessments. They combine machine learning with human judgment for efficient and accurate risk management.

Unleashing Clean Energy

Renewable energy investment hits record high, but future uncertain. MIT Energy Conference discusses need for level playing field and government support for clean energy breakthroughs.