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        NVIDIA has updated its AI-powered chatbot app, ChatRTX, allowing further interaction with local data on RTX-enabled Windows PCs and workstations.
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        The updated ChatRTX features support for additional LLMs like Google's Gemma and a bilingual model, ChatGLM3. Also, it now includes features from Contrastive Language-Image Pre-training (CLIP) by OpenAI, enabling users to interact verbally with image data on their devices.
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        Additionally, with support for OpenAI&rsquo;s Whisper model, users can communicate their queries through voice and receive text responses.
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  <p>
    <a href="https://blogs.nvidia.com/blog/ai-decoded-chatrtx-update/">
      Company blog
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Generative AI Applications

INCUMBENTS_PRESENT

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<div>
 
 <p>NVIDIA has made improvements to its AI-driven chatbot app, ChatRTX. It allows more interaction with local data on RTX-supported Windows PCs and workstations.</p>
 <p>The enhanced ChatRTX now accommodates more LLMs such as Google's Gemma and a bilingual model, ChatGLM3. Its functionality has been expanded to include features from OpenAI's Contrastive Language-Image Pre-training (CLIP), giving users the ability to engage in spoken interaction with image data on their devices.</p>
 <p>In addition, through the integration of OpenAI’s Whisper model, users can now use their voice to pose questions and receive answers in text format.</p>
 
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NVIDIA updates ChatRTX with new models and features

ANALYST_QUICK_TAKE

<div>
 
 <p>GenAI models and applications provider, Anthropic, has unveiled an iOS app and a subscription plan aimed at businesses, especially those in regulated industries like healthcare, finance, and legal sectors. This plan, called "Team," costs USD 30 per individual monthly and requires at least five seats.</p>
 <p>Anthropic created this service to give corporations high-quality access to their Claude 3 AI models along with additional administrative and user management oversight.</p>
 <p>Noteworthy features of the Team plan encompass high-priority access to advanced AI models, a context window of 200,000 tokens, priority access to new updates, and improved controls for billing and user management.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Expanding into the enterprise market, Anthropic now competes with established players like OpenAI, which recently introduced <a href="https:<br>
//sp-edge.com/updates/25408"> ChatGPT Team </a> for smaller teams at a competitive price of USD 30 per user per month. OpenAI also caters to large enterprises with custom pricing options. Similarly, Perplexity entered the arena last week with <a href="https:<br>
//sp-edge.com/updates/28720"> Enterprise Pro, </a> a business-focused service priced at USD 40 per month, adding to the competitive landscape in this space.</p>

Anthropic announces new enterprise plan for Claude; launches iOS App

<div>
 
 <p>Amazon Web Services (AWS) has unveiled "Amazon Q", an AI-based service designed to expedite software development and maximize the use of internal data. This service consists of two main components: Amazon Q Developer and Amazon Q Business.</p>
 <p>Amazon Q offers real-time coding advice, has agents that can autonomously perform a variety of tasks such as software upgrades and feature implementation, provides vulnerability scanning and remedial suggestions for security, and aids in improving the AWS environment by diagnosing issues, optimizing SQL queries, and suggesting best architectural practices.</p> 
 <p>In addition, Amazon introduced Amazon Q Apps, a feature of Amazon Q Business that enables employees to create their own GenAI apps for automating routine tasks, using natural language.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Amazon Q was <a href="https:<br>
//sp-edge.com/updates/24426"> launched </a> in November last year in a public preview. AWS claims that the tool can considerably enhance developer productivity and aid business users in making faster decisions. The examples provided suggest that Amazon Q can increase employee productivity by more than 80%, minimize tedious tasks for developers and coders, and provide specific insights and recommendations to improve business operations.</p>

Amazon Web Services announces general availability of AI assistant 'Amazon Q'

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 <p>A GDPR complaint has been filed in Austria against OpenAI by privacy rights organization noyb. The complaint is on behalf of a public figure, alleging that ChatGPT, a product of OpenAI, produced incorrect personal details, specifically a wrong birth date. The complaint asserts that OpenAI refused to correct this misinformation, rather opting to filter or block the data based on distinct prompts.</p>

 <p>This complaint hints at potential non-compliance with GDPR rights by OpenAI, which include rectifying and deleting incorrect data. OpenAI has been criticized by noyb over transparency issues. As per noyb, the company failed to identify the origin of data or disclose any information when a subject access request (SAR) was raised.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> The complaint could lead to significant GDPR enforcement actions against OpenAI, potentially requiring changes in how its AI tools process data in the EU. This situation is complicated by ongoing investigations in other EU countries, like Poland and Italy, where similar data accuracy and transparency issues have been reported.</p>

OpenAI faces privacy complaint in Austria for potential GDPR violations

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 <p>The US National Institute of Standards and Technology (NIST) has launched a program named "NIST GenAI". The program is designed to evaluate GenAI technologies, including those that generate text and images.</p>
 <p>The duties of NIST GenAI include releasing benchmarks, pioneering detection systems for "content authenticity", and promoting software development to identify artificial, misleading or fake information created by AI. It intends to organize a series of challenge problems to determine the strengths and weaknesses of GenAI technologies. The ultimate goal is to ensure a responsible handling of digital content and to give importance to the authenticity of information.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> The launch of NIST GenAI is a response to President Joe Biden's executive order on AI, which aims to increase transparency from AI companies and establish new standards, including labeling content generated by AI. NIST GenAI is an evaluation program that assesses GenAI technologies and provides a platform for testing and evaluation. This announcement comes after the appointment of Paul Christiano, a former OpenAI researcher, to NIST's AI Safety Institute.</p>

NIST announces NIST GenAI for evaluating GenAI technologies

<div>
 
 <p>OpenAI has declared a strategic partnership and licensing agreement with news publisher, Financial Times (FT). The collaboration aims to improve ChatGPT with attributed content and improve its models by integrating FT journalism. The partnership will also focus on developing new AI products and features for FT readers. Additionally, this will enable ChatGPT users to view select attributed summaries, quotes, and links to FT journalism based on relevant queries.&nbsp;</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> This partnership recognizes the importance of compensating publishers for using their content to enable transparency. Last month, OpenAI formed strategic <a href="https:<br>
//sp-edge.com/updates/27567"> partnerships </a> with French newspaper Le Monde and Spanish media company Prisa Media to access news content through ChatGPT. OpenAI has also made deals with other news organizations to license content to train AI models, including Axel Springer, Politico, and European publications Bild and Welt and The Associated Press.</p>

OpenAI partners with Financial Times to improve models and incorporate news content into ChatGPT

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<p>xAI, a rival AI company to OpenAI developed by Elon Musk, is said to be on the brink of securing funding worth 6 billion USD. The estimated worth of the company prior to this funding is about 18 billion USD. Leading participants in this round of funding include Sequoia Capital and Future Ventures, with the possible involvement of Valor Equity Partners and Gigafund.</p>
<p>The exact purpose of the funds remains undisclosed, however, Musk is believed to have plans to use data from his numerous ventures like Tesla, SpaceX, The Boring Company, and Neuralink to train the AI.</p>

</div> <p><b>Analyst QuickTake:<br>
 </b> The reported round signals a significant shift in the GenAI chatbot landscape and heightened competition in the space. This influx of capital will likely enable XAI to accelerate the development and deployment of its GenAI models and products, potentially challenging the dominance of established players like OpenAI and Microsoft's Copilot.&nbsp;</p>

xAI to raise USD 6 billion in venture funding

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 <p>Dropzone AI, an AI-based security operations centers (SOCs) provider, has successfully raised USD 16.85 million in a Series A funding round. The leading contributor in this funding round was Theory Ventures, and existing investors like Decibel Ventures, Pioneer Square Ventures, and In-Q-Tel (IQT) also participated.</p>
 <p>The company intends to use the new influx of funds to further develop their AI technology. Other areas of focus include expanding their go-to-market (GTM) strategy and bolstering their engineering team.</p>
 <p>Dropzone AI operates with a team of autonomous AI SOC analysts who work in collaboration with human security teams. The primary objective is to streamline investigations, thereby enabling faster and more accurate responses to cybersecurity threats. Through the adoption of automation, Dropzone AI seeks to mitigate issues in security operations by reducing manual analysis. This would help to decrease alert fatigue amongst security teams and improve response times significantly.</p>
 
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Dropzone AI raises USD 16.85 million in Series A funding to expand operations

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 <p>AI company Alaffia Health, which specializes in health insurance claims operations, has successfully raised 10 million in a Series A funding round. The round was led by FirstMark Capital and saw participation from several other entities including GingerBread Capital, Anthemis, Aperture Venture Capital, 1984 Ventures, Remarkable Ventures, and Tau Ventures.</p>
 
 <p>The funds acquired in this round are intended to be used for expanding Alaffia's commercial footprint, conducting advanced AI research, and for development of its product line.</p>
 
 <p>Alaffia currently provides AI-based solutions to simplify procedures and reduce spending on health insurance plans. One of their key products is Ask Autodor, an AI tool created specifically for health insurance claims teams. In the last year, Alaffia has seen impressive growth, reportedly increasing its revenues fourfold.</p>

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Alaffia Health raises USD 10 million in Series A funding for product development

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 <p>Augment, an AI coding assistance startup, has secured USD 227 million in a Series B funding round. Sutter Hill Ventures led the round, with contributions from Index Ventures, Lightspeed Venture Partners, Innovation Endeavors, and Meritech Capital, bringing the company's valuation to around USD 977 million.</p>
 <p>The funding will be deployed for product development to enhance the company’s product, engineering, and go-to-market strategies.</p>
 <p>The firm provides a platform to increase software development productivity through AI-powered tools. Its goal is to elevate developer productivity, upgrade software quality, encourage team collaboration, while securely protecting intellectual property.</p>
 
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