Generative AI News This Week - Is ChatGPT Dying? Generative AI Market Data, Meta Challenges OpenAI, ElevenLabs & More - Voicebot Podcast Ep 347

Aug 31, 2023

The Generative AI News (GAIN) rundown is back for August 24, 2023. Special segments this week include:

• What does the market data say about generative AI adoption? We look at 10 charts that explain a lot about what is happening, why it is happening, and where we are headed.

• Meta challenges OpenAI with an open-source automated speech recognition and translation system. Game on!

• Generative AI winners and losers of the week.

Eric Schwartz, Voicebot.ai’s head writer, and Bret Kinsella gathered again this week to break down the top generative AI stories and a few other useful pieces of information.

Generative AI News

Links to the stories we covered this week are included below. Like Perplexity AI, we give you source links!

Top Stories of the Week - Market Data 📊

• Generative AI annual revenue will reach $1.3T in 2032

• Generative AI adoption rate accelerates past smartphones and tablets

• See where generative AI will make the biggest financial impact on enterprises

• Two charts reveal why so many enterprises are rushing to adopt generative AI

• Generative AI shifts CEO focus to productivity over customer experience

• Developers are quickly adopting generative AI tools, especially GitHub Copilot

• NVIDIA announces financial results for the second quarter of 2024

Top Story of the Week - Market Dynamics 🗺

• Meta launches new open-source speech recognition and translation model

Generative AI Product Garden 🪴

• OpenAI brings fine-tuning to GPT-3.5 Turbo and GPT-4

• ElevenLabs launches multilingual generative AI voice model

• Allen Institute for AI releases largest open text dataset to boost AI research transparency

Generative AI in the World 🌏

• U.S. federal judge rules generative AI works ineligible for copyright

• TikTok parent company ByteDance releases generative AI chatbot in China

More About GAIN

GAIN is recorded live and streamed via YouTube and LinkedIn on Thursdays. You can re-watch each week’s discussion on Voicebot’s YouTube channel. Please join us live next week on YouTube or LinkedIn at 11 a.m. ET. Also, please participate in the live show by commenting, and we are likely to give you a shoutout and may even show your comment on screen.