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- ChatGPT just got mini
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The number 911 was chosen because it was short, easy to remember, and had not been designated for any office code, area code, or service code, making it simple to implement nationwide. Additionally, the number "1" in the middle made it a unique code, as no valid area codes in North America have a middle digit of "1".
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What’s in store:
There’s a mini version of your favourite ChatBot.
A Microsoft buggy update brings the world to its knees.
Around the web: FCC aims to standardise phone unlocking to 60 days to boost competition and consumer choice.
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Read Time: 5 minutes
OPENAI
OpenAI has introduced GPT-4o Mini, a lighter and cheaper model for developers.
It offers more capabilities than GPT-3.5 at a significantly lower cost.
High costs have previously deterred many developers from using OpenAI’s models, pushing them towards cheaper alternatives like Google’s Gemini 1.5 Flash or Anthropic’s Claude 3 Haiku.
With GPT-4o Mini, OpenAI aims to make AI more accessible.
Oliver Godement, API platform product lead at OpenAI, stated, “GPT-4o Mini aligns with OpenAI’s mission to make AI affordable and accessible to everyone.”
From today, users on Free, Plus, and Team plans can access GPT-4o Minim with Enterprise users getting access next week.
GPT-Turbo will be phased out for ChatGPT users but remain available via the API until further notice.
Here’s what’s happening:
GPT-4o Mini costs less and is more capable than GPT-3.5.
Available immediately for Free, Plus and Team users; Entreprise access next week.
Supports text and vision, with plans for multimodal inputs and outputs.
Smaller, cheaper, better?
The new model supports text and vision in the API, with plans to handle multimodal inputs the outputs soon.
Although GPT-4o Mini is designed for simple tasks, it holds promise for more sophisticated applications in the future.
GPT-4o Mini scored 82% on the Measuring Massive Multitask Language Understanding (MMLU) benchmark, compared to GPT-3.5’s 70% and GPT-4o’s 88.7%.
While benchmark tests like MMLU can be inconsistent, they provide a useful comparison of model capabilities.
Developers can now build AI applications more affordably with GPT-4o Mini.
Financial tech startup Ramp and email client Superhuman have already tested the model, creating tools for expense data extraction and email auto-suggestions, respectively.
OpenAI’s focus has shifted to meet the demand for smaller, more affordable models.
Godement anticipates that GPT-4o Mini will be popular among developers previously deterred by high costs.
We can’t help but think of Austin Powers, groovy baby!
Are you going to try GPT-4o Mini? |
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MINDSTREAM LIVE EVENT
We are delighted to announce our CEO Adam Biddlecombe will be joining Yoav Einav, the CEO of Guidde, to discuss how AI is transforming business communications in an upcoming live stream.
Guidde looks set to transform the way we onboard and train employees. But what else will AI change?
They will speak about:
The impacts of generative AI on business.
The opportunities AI brings for productivity.
The future of training and onboarding in the AI era.
How Guidde utilises AI to increase productivity across your business.
If you’re not utilising AI in your business, you’ve already fallen behind.
On This Day
July 20th 1976 - America's Viking 1 lander successfully lands on Mars, transmitting the first close-up, colour photographs of the planet's surface.
AI Image or Real?
You guarantee you can smell that picture! We got this picture of a bourbon whiskey distillery.
But is it real?
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The poll results and correct answer will be revealed in tomorrow’s Mindstream!
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MICROSOFT
A widespread Microsoft outage has caused significant disruption worldwide, affecting critical services from airports to hospitals.
The technical fault caused Windows computers to shut down unexpectedly.
Departure boards are turned off at busy airports like Heathrow, Gatwick, and Edinburgh.
Train services faced delays due to widespread IT issues, and GP surgeries shut down because of problems with the NHS booking system.
Banks, supermarkets and TV channels like Sky News and CBBC were also affected.
Microsoft confirmed an issue with its 365 apps and operating systems, leading to service degradation.
Cybersecurity firm CrowdStrike admitted to causing the error, speculated to be a buggy update or potential cyberattack.
Here are the latest updates about this:
Flights grounded and train services delayed.
NHS GP surgeries are unable to access patient records.
Banks, supermarkets and businesses, including Gail’s, couldn’t process card payments.
The ripple effects
GPT surgeries in regions like Crumbia and Cheshire reported system failures, impacting patient care.
The London Stock Exchange faced technical issues, disrupting global financial news.
TV channels went offline temporarily, and football clubs like Blackburn Rovers reported ticketing issues.
Windows, the most used operating system globally, affected almost every part of the economy.
Restaurants and cafes couldn’t take card payments, and GPTs struggled to assist small businesses and organisations in managing the outage.
Ryanair advised passengers of potential disruptions and encouraged them to arrive at airports early.
Edinburgh and Stansted Airports reported longer waiting times and manual check-in processes.
Experts believe a “buggy” update to CrowdStrike’s Falcon EDR platform may be the cause.
In the US, emergency services lines were down in several states, and American Airlines grounded flights due to communication issues.
Other airlines like Frontier and Allegiant also faced disruptions.
This outage follows a major incident two months ago when Microsoft's Bing search engine went down, affecting services like DuckDuckGo and ChatGPT.
Who knew, those Y2Kers were right after all!
Mindstream Picks
Xbox Game Pass added Kunitsu-Gami: Path of the Goddess, a new Capcom title, as its 11th game for July 2024 and 95th release this year.
Propy and Parcl have partnered to upgrade PropyKeys, a platform that has tokenised over $10 billion in U.S. homes, using Parcl Labs API for better property valuation and analytics.
Astra Space ended its three-year run as a public company on July 18 by going private at 50 cents per share, a fraction of its former value.
Major U.S stock indexes fell Thursday, with the Dow down 1.3% and the S&P 500 and Nasdaw sliding about 0.8%, as tech stocks, especially chipmakers, faced selling pressure.
Don’t Miss - The FCC proposes a rule to standardise a 60-day unlocking period for cell phones, aiming to boost consumer choice and competition. The proposal, now open for public comment, seeks to address confusion caused by varied carrier policies. Additionally, the FCC approved initiatives to expand internet access for schools and libraries and reduce the cost of jail calls.
AI Art
Our Image of the Day
Artwork submitted by Mindstream reader Carmen Y: “The rocky mountains struck by Lightning”
Daily Image Prompt
A Pop head figurine of Eminem
Yesterday’s Poll
“Will you try Microsoft Designer?”
Yup! Been waiting a long time for this! - 51% ✅
No, not interested. - 49%
Your Views:
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