👑 Grok-2 dethrones GPT-4 and Claude

Plus: Anthropic's Claude update slashes costs for developers.

 

Welcome Humans🤖,

Here is what we have Today:

  • xAI`s AI Leap
    Launched Grok 2 & Grok 2 mini

  • Claude gets Power
    unveiled Prompt caching for better results

Quick Tips

The fastest way to build AI apps

  • Writer Framework: build Python apps with drag-and-drop UI

  • API and SDKs to integrate into your codebase

  • Intuitive no-code tools for business users

Google

xAI has released Grok-2 and Grok-2 mini in beta on the X platform, with Grok-2 achieving state-of-the-art performance.

Source: xAI

How good is Grok-2 really?

  • Outperforms versions of Anthropic's Claude and OpenAI's GPT-4 in some categories

  • Shows significant improvements in reasoning, tool use, and academic benchmarks

  • Can now create and publish images directly on X using Black Forest Lab's Flux 1 AI model

What's available to users?

  • Both Grok-2 and Grok-2 mini are in beta on the X platform

  • Enterprise API release planned for later this month

How does this change the AI landscape?

  • Elevates xAI from niche player to legitimate competitor in the AI race

  • Demonstrates rapid progress from Grok-1's debut as a no-filter chatbot

What's driving xAI's success?

  • New Supercluster for powerful computing capabilities

  • Elon Musk's ability to attract top talent

  • Access to vast amounts of real-time training data from X platform

What's next for Grok and xAI?

  • Potential for further improvements and capabilities

  • Possible expansion of user base and applications

  • Increased competition in the high-performance AI model space

This leap in Grok's capabilities could shake up the AI industry, potentially challenging the dominance of established players like OpenAI and Anthropic.

TODAY`s PICK
  • Apple is reportedly ramping up development on a high-end tabletop smart home device with a robotic arm, an iPad-like display, and Siri voice command to operate its AI features.

  • Google DeepMind recently published the paper for it’s new state-of-the-art AI image generation model, Imagen 3, flexing that it beat DALL-E 3, Midjourney v6, and Stable Diffusion 3 in human performance evaluations.

  • Stability AI and Midjourney face an ongoing copyright lawsuit as the court declined to dismiss copyright infringement claims against the companies.

  • Huawei is on the brink of launching a new AI chip, the ascend 910C, which could give Nvidia`s H100 serious competition on the Chinese market, despite U.S. sanctions

  • SoftBank’s ambitious Project Izanagi initiative, aimed at developing AI processors to rival Nvidia, is reportedly facing a major setback after Intel failed to meet volume and speed requirements.

  • Nous Research released Hermes 3, a new open-source model with significant improvements in roleplaying, agentic tasks, function calling, multi-turn chats, and long context coherence.

Recommended Reading
If WE had to recommend other newsletters

AI Tool Report is an Newsletter, we enjoy reading daily. AI Tool Report delivers top techniques on how AI can transform your business filled with practical tips, real-world examples.

A Smart Bear is for people who love thinking about strategy, startups, product, marketing, decision-making, and founder psychology.

Job Opportunities
  • Meta - GenAI Project Manager - Apply

  • Palantir Technologies - Product Designer - Apply

  • DeepL - Senior Growth Designer - Apply

  • Waymo - Senior Software Engineer (Robotics and Motion Planning) - Apply

  • Cohere - Member of Technical Staff (RAG) - Apply

  • Shield AI - Program Manager, VBAT Programs - Apply

SPORTS AI

Anthropic has introduced prompt caching for its Claude AI models on its API, potentially saving developers significant time and money.

Source: Anthropic

How does it work?

  • Allows storing of frequently used contexts between API calls

  • Reduces need to resend large prompts

  • Available for Claude 3.5 Sonnet and Claude 3 Haiku, with Claude 3 Opus support coming soon

What are the savings?

  • Claude 3.5 Sonnet: $3.75 per million tokens to cache, $0.30 per million to reuse

  • Claude 3 Haiku: $0.30 per million tokens to cache, $0.03 per million to reuse

  • Significant cost reduction for Claude 3 Opus (prices published)

Is this just another memory feature?

  • No, it stores and recalls actual prompts and responses

  • Different from LLM memory that remembers preferences or details

What's the catch?

  • Cached prompts have a 5-minute lifetime (refreshes with each use)

How does this shake up the AI landscape?

  • Positions Anthropic competitively in the race for low-priced developer options

  • Could significantly impact development costs for conversational agents and tools

Will this be a game-changer for AI developers? Only time will tell, but it's certainly a move that's catching attention in the industry.

Ideas? Comments? Complaints?

We read your emails, comments and poll replies daily.

Get the most important AI, tech, and science news in a free daily email.
New Here? Subscribe!
Sponsorship Slots Open for August and Reach over 800+ active readers. (Now 40% off) 🤯

What`d you think of today`s edition?

Login or Subscribe to participate in polls.

Until next time, Stay Informed!

Reply

or to participate.