😺 Claude is taking on ChatGPT!

PLUS: KPMG's huge $2 billion AI bet

Welcome, humans.

This is The Neuron, your North Star amidst an endless, disorienting sea of AI information. Yeah, we’re bringing that English-major energy today. 🤓

Here’s what’s going on in AI today:

Anthropic released Claude v2, ChatGPT’s biggest competitor yet.
KPMG is investing $2 billion into AI solutions over five years.
Nvidia has an 80% share of the AI chip market.
Shutterstock is providing OpenAI with training data.

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Claude v2 Is ChatGPT’s Biggest Rival Yet 🥊

Anthropic launched Claude v2 yesterday in the US and UK, and it’s by far the closest competitor we’ve seen to ChatGPT.

In a sentence: It trails ChatGPT a bit, but it’s similar in coding, has fresher training data (circa early 2023) and supports more context.

By more context, we mean wayyy more: 75,000 WORDS! This means you feed it lengthy documents, reports and PDFs and get summaries in seconds. Plus its API for the job is 4-5x cheaper.

Claude is trained on a “constitution” (read: rulebook), so it’s less likely to generate dangerous or harmful content.

Why it matters: Even with a catchier name, Claude has gotten way less buzz than ChatGPT. But it’s #2 in our world and leveling up fast. The context window is a massive plus (though it’s unclear just how good it is at retention).

Try Claude v2 (use Poe if you’re outside the US/UK) and let us know how it measures up!

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KPMG Is Investing $2 Billion Into Accounting AI 🧾

KPMG, the Big Four accounting firm that hates work-life balance, is partnering with Microsoft to invest $2 billion into AI.

Its goal: turn $2 billion into $12 billion over the next five years. Where can we invest?!

With its early-bird ticket to Microsoft 365 Copilot, KPMG plans to automate its consulting services → make employees more efficient → help other businesses adopt AI.

They’re not the first in this “we-master-it-then-we-show-you-how” strategy. PwC rolled out a similar billion dollar AI blueprint in April.

KPMG assures us no layoffs will be required during this transition, but we’re dubious given the company laid off 2,000 employees barely a month ago.

Why it matters: Consultants are gearing up to win big time advising companies on how to navigate AI. But first, they’ll have to learn the ropes themselves.

Around the Horn 🦄

Shutterstock is licensing it’s image/video/music data to OpenAI in exchange for VIP access to its latest tech.
Nvidia has an estimated 80% grip of the AI chip market (WSJ).
Baichuan, one of China’s most promising language models, was released today.
GPT-4 cost an estimated $63 million to train and runs on a cluster of 128 GPUs, according to leaks.
Beehiiv, our newsletter software, launched AI art and writing features inside its editor.
Join us tomorrow for a panel on The AI-Powered Team - how roles and team dynamics change, what jobs will be created!

Wednesday Wirings 💸

Sapphire Ventures is planning to invest >$1 billion in enterprise AI startups.
Good Capital launched a $50 million fund for AI startups.
Prolific, which stress-tests AI models, raised $32 million.
Slang, an AI phone-answering service, raised $20 million.
Immersive Fox, a software for producing videos of your face, raised $3.3 million.

We curated the top 27 tools you need for work in our “Top Tools For Business”!