Twitter rebrands to X

Welcome back to another interesting Daily Update as Musk makes big moves with Twitter (now X). Here’s the full lineup:

🗞️ The Latest in AI: Twitter rebrands to X — New direction to be ‘AI-powered’

🤖 AI Tool of the Day: BetterLegal — Your personal AI legal assistant

📸 Business Spotlight: Stability AI releases two new open-source LLMs

🚨 AI Roundup: Four quick hits

Read time: 3 minutes

🗞️ The Latest in AI: Twitter rebrands to X — New direction to be ‘AI-powered’

Elon Musk has officially rebranded Twitter as X. The new X logo has already replaced the blue bird on the app, and was also displayed on the walls of the company’s HQ.

Twitter CEO Linda Yaccarino has since promised that the X rebrand will be powered by AI, although she has offered few details on what that means.

“X is the future state of unlimited interactivity — centered in audio, video, messaging, payments/banking — creating a global marketplace for ideas, goods, services, and opportunities,” Yaccarino said on X. “Powered by AI, X will connect us all in ways we’re just beginning to imagine.”

Musk has previously talked about creating an “everything app” that combines social media, financial transactions, online shopping and more. The X rebrand looks to be a huge step in that direction.

Click here to learn more.

🤖 AI Tool of the Day: BetterLegal — Your personal AI legal assistant

BetterLegal Assistant is a free Chrome extension that aims to simplify legal language for everyone. It transforms complicated legalese into straightforward language in seconds.

Simply copy and paste legal jargon into the BetterLegal Assistant, and it will answer questions and explain documents you don’t understand.

Try BetterLegal Assistant for free here.

📸 Business Spotlight: Stability AI releases two new open-source LLMs

Stabilty AI and its CarperAI lab released FreeWilly1 and FreeWilly2, two new powerful open-access large language models (LLMs).

The new LLMs are based on versions of Meta’s Llama and Llama 2 open-source models, but were trained on a much smaller dataset including synthetic data. The data generation process was inspired by Microsoft’s “Orca” methodology.

Synthetic data is information that’s artificially manufactured rather than generated by real-world events. Stability AI used 500,000 real data points and 100,000 synthetic examples to train the FreeWillys; a dataset just 10% of the size of the original Orca dataset. This makes the FreeWilly models far less costly and much more environmentally friendly than most leading LLMs.

Both models excel in reasoning, understanding linguistic subtleties and answering complex questions related to specialized domains like law and mathematics. FreeWilly2 outperforms GPT-4 in some areas and GPT-3 in most.

Click here to learn more.

🚨 AI Roundup: Four quick hits

• Gemini: Google cofounder Sergey Brin has returned to the company to help develop a ChatGPT rival

• DishBrain: A computer chip with built-in human brain tissue gets funding from Australian military

• OpenAI’s head of trust and safety Dave Willner steps down

• Google joins other leading AI companies to jointly commit to responsible AI

Have questions or thoughts on today’s newsletter? Reply to this email and I’ll get back to you as soon as I can. Thanks for reading The Daily Update!

Jack

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