October 4, 2024
Tech News
Even the ‘godmother of AI’ has no idea what AGI is. Fei-Fei Li, a prominent AI researcher, expressed her confusion about the concept of artificial general intelligence (AGI) during a discussion at a summit. Despite her significant contributions to AI, including the creation of ImageNet, she admitted to not fully understanding AGI or the term “AI singularity.” Li emphasized the importance of focusing on practical advancements in AI rather than getting caught up in ambiguous terminology. She is also involved in advising California on AI regulations and leading her startup, World Labs, which aims to develop “spatial intelligence.”
Investors are scrambling to get into ElevenLabs, which may soon be valued at $3 billion. ElevenLabs, a startup specializing in AI tools for audio applications, is attracting significant investor interest as it prepares for a new funding round that could value the company at $3 billion. The company has seen rapid growth, with its annual recurring revenue increasing from $25 million to approximately $80 million. ElevenLabs focuses on generating synthetic voices for audiobooks and video dubbing, distinguishing itself from competitors like Google and OpenAI. This would be the company’s third funding round in just over a year.
MG5: MG’s answer to the Vios and City launched in Malaysia, priced under RM90,000. SAIC Motor Malaysia has launched the MG5, a petrol-powered sedan aimed at competing with the Toyota Vios and Honda City. Priced at RM93,900, with an introductory offer of RM86,900, the MG5 features a 1.5-litre engine, a spacious interior, and a range of modern amenities. However, it lacks some advanced driver assistance systems found in competitors. The MG5 is positioned as a strong contender in the B-segment market in Malaysia.
Tech Explained
Artificial General Intelligence (AGI) – AGI refers to a hypothetical machine that can perform any intellectual task that a human can. It is often considered the next step in the evolution of artificial intelligence beyond narrow AI systems.
AI Singularity – The AI singularity is a theoretical point in the future where artificial intelligence surpasses human intelligence, leading to unpredictable and potentially drastic changes in society.
Audio Applications – Audio applications involve the processing and manipulation of sound signals for various purposes, such as speech recognition, music production, and audio effects.
Annual Recurring Revenue – Annual recurring revenue is a metric used by subscription-based businesses to measure the predictable and recurring revenue generated from subscriptions over a year.
Advanced Driver Assistance Systems – Advanced driver assistance systems are technologies integrated into vehicles to assist the driver in the driving process, such as adaptive cruise control, lane-keeping assist, and automatic emergency braking.
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