🐇 AI Spending Soars & ChatGPT Takes a Tumble

Greetings from the Warren, fellow White Rabbit followers 🎩

Here’s today’s summary:

📈 AI Investments on the Rise as Top Spending Priority for Companies
⚖️ AI Regulation: A Slippery Slope Despite Alternatives
⬇️ ChatGPT User Base Drops, Shaking Confidence in AI Uprising
🤖 MIT Innovates with PIGINet for Streamlined Home Robotic Tasks
🎨 Alibaba Unleashes Tongyi Wanxiang, An AI Tool for Text-to-Image Generation
🐦 Hottest Tweets
🧰 How to Create Your Own Chatbot
🤏 The Curator’s Picks

Reading time: 5 minutes

🗞️ Hottest News

1. 📈AI Investments on the Rise as Top Spending Priority for Companies

CNBC's survey reveals a surge in AI investments, with 63% of tech executives planning to escalate AI spending. With AI seen as a critical tech strategy and around half expecting job creation, companies across the globe are allocating dedicated AI budgets.

Source 🔎

2. ⚖️AI Regulation: A Slippery Slope Despite Alternatives

As the EU and US endeavor to regulate generative AI tools, concerns arise over the potential stifling of innovation and favoritism towards large corporations. Critics propose targeted regulations to avoid impeding AI advancement.

Source 🔎

3. ⬇️ChatGPT User Base Drops, Shaking Confidence in AI Uprising

ChatGPT, the popular AI chatbot, experiences a decrease in website traffic and app downloads, signaling a potential dip in consumer interest in AI chatbots and image generators.

Source 🔎

4. 🤖 MIT Innovates with PIGINet for Streamlined Home Robotic Tasks

MIT introduces PIGINet, a neural network geared towards enhancing task and motion planning in home robotic systems. Researchers aim to revolutionize the application and training of robots in various environments.

Source 🔎

5. 🎨 Alibaba Unleashes Tongyi Wanxiang, An AI Tool for Text-to-Image Generation

Alibaba steps up in the generative AI space with Tongyi Wanxiang, an AI tool that converts text prompts into images. Despite regulatory concerns, Alibaba's move marks a significant stride in the competition against AI giants.

Source 🔎

🐦 Hottest AI Twitter Posts

OpenAI recently made GPT-4 available for paying OpenAI API users.

A thread on some of what is possible with ChatGPT’s Code Interpreter

🧰 AI How-To

How to Create Your Own Chatbot

1. Go to Chatbase and sign up! You’ll have one free Chatbot to try the product.

2. After signing up or logging in, Click "New Chatbot”.

3. Upload the file to feed the Chatbot; we recommend using files where the text can be copied and not using Safari for browsing with Chatbase.

4. Once the file has been uploaded, a Chat feature will open. You’re ready to chat with your Chatbot now!

5. Under your Chatbot’s title, you can switch between Chatbot, Settings, Sources, etc.

6. You can add other files through “Sources”, change the Base Prompt and Temperature over in “Settings”, as well as other options to customize your Chatbot.

7. Explore the other features!

🤏 The Curators Pick’s

🐇 And that's a wrap on this edition of The Rabbit Hole

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Until next time, keep your ears up for the latest AI news!