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Happy Friday!

Apple finally caved and joined the AI frenzy.

Better late than never, I guess?

In today’s Morning Mashup:

Read time: 3 minutes

🍎 Inside Apple's AI Game-Changer: Apple GPT

We've got some interesting stuff brewing in the tech world, and Apple’s at the center of it.

They're working on a rather ambitious project, a large language model (LLM) affectionately code-named "Apple GPT". 

For those not in the know, LLMs are this cool breed of AI that feeds on extensive datasets of text and code, which then enables them to spit out text, translate languages, and even create all sorts of content.

They’re like the friend who always has a quirky story or an informative answer to share.

Now, what makes this even more intriguing is that Apple GPT is rumored to be based on the tech giant's own "Ajax" framework.

Remember hearing about Ajax last year?

That's the one.

It was created to give Apple a smoother ride while building and training LLMs. And here's a bonus tidbit for you - insiders are whispering about Apple GPT being the brain behind a brand new conversational AI chatbot.

A pinch of salt though - Apple has been pretty tight-lipped about any plans to unleash Apple GPT to the public. And there's always the chance that the project could be relegated to the 'not happening' shelf.

However, the potentials are endless. From juicing up Siri to pioneering fresh AI-powered apps and services, and even better understanding customer needs – the possibilities are certainly exciting.

The jury's still out on the full impact of Apple GPT. But one thing’s for sure, Apple's not shying away from its AI investments, and Apple GPT could very well be one of the brightest stars in its innovation constellation.

👾 GPT-4's Diminishing Smarts: A Study Reveals

I want to share something quite intriguing with you today.

You know our buddy, GPT-4, right?

OpenAI's prized large language model that's been our go-to source for impressive feats of computational linguistics. Well, it seems like our smart friend is having a bit of a rough patch.

I just came across a study by the bright minds at Stanford University and UC Berkeley that's been poking some holes in our dear GPT-4's reputation.

They ran a comparison of its performance in March and June and found a startling drop in its capabilities across various tasks.

Math problems?

GPT-4 went from correctly identifying 17077 as a prime number in March, to fumbling the answer in June. It's stumbled in code generation as well, from successfully spinning out executable code in March to struggling by the summer. Even its ability to navigate sensitive questions appears compromised, with responses veering from neutral to noticeably biased.

The reasons behind this cognitive slip-slide aren't crystal clear.

The researchers are pointing fingers at a number of factors, from the model's training methods to the data it's fed. All of this certainly raises questions about our reliance on LLMs.

While this study is just a peek into the issue (with a relatively small sample size), it does highlight the need for more thorough research in the field.

Is our AI losing its spark or is this just a blip in the algorithmic matrix?

Regardless, the team at OpenAI has a fascinating challenge on its hands.

🏦 Crypto's Crossroads: Nasdaq's Surprising Exit

Here we are, once again, making sense of the winds of change in the ever-evolving crypto world.

Let's talk a little about Nasdaq deciding to pack its bags and exit the crypto custody scene. For many, it's being seen as a bummer for the crypto industry, and understandably so.

Let's break it down.

Firstly, the big Nasdaq farewell hints at the continuing unease surrounding crypto regulations. It's not a secret that the regulatory environment is still walking on eggshells.

That is a curveball for institutional investors who have been trying to dip their toes into the crypto pool. Furthermore, it's got people thinking that crypto might be a higher-risk play than they'd signed up for. So yeah, in one way or another, Nasdaq bowing out has thrown a bit of a spanner in the works.

It's not all doom and gloom in the crypto world. Sure, Nasdaq's adieu can be seen as a speed bump, but it's far from a death knell.

Remember, this space is constantly growing, morphing, and a whole bunch of other companies are stepping up to the plate to offer crypto custody services.

Here's where it gets interesting.

It's both a challenge and an opportunity. It's a chance for crypto enthusiasts to sit down with the suits and figure out a clear, consistent framework.

Let's not forget that crypto is still in its baby years - it's bound to face its share of hiccups.

But the trajectory is looking pretty sweet from where I'm sitting.

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🐦 Tweet of the day

Prioritize the end game.

That’s all for now!

If you have any interesting projects or ideas please reach out to us by responding to this email or by sending us a DM on Twitter: @DerikVasquez & @MorningMillionaire

As always, thank you for your time, and see you soon.