📈 AI Stock Surge

Discover how AI stocks are boosting fortunes, Meta's new AI tool, Europe's AI Act, and Snapchat's AI strategy.

June 20, 2023

aifire-newsletter

Plus: Explore AI tools, tutorials, cheat sheets, and our exclusive store!

Read time: 5 minutes

Happy Tuesday, AI Fire community! Miss us much?🥰 

We are back with our biweekly AI newsletter. As we continue to strive for AI Fire to be the most valuable part of your inbox, we'll dive deep into the AI world, with a strong focus on practical tutorials and guides.

What are on FIREEE 🔥

What a year for AI stocks! 2023 has witnessed a fantastic surge, boosting the world's wealthiest fortunes by over $150 billion. Big Tech giants, including Meta, Nvidia, Microsoft, Alphabet, and Oracle, experienced significant gains.

Mark Zuckerberg and Larry Ellison, founders of Meta and Oracle, saw their personal wealth increase by over $40 billion. But let's not forget: AI stocks aren't just for the ultra-wealthy. Everyday investors, like you, have plenty of opportunities to grow your portfolio.

Meta has developed an advanced AI audio tool, Voicebox, with unique capabilities. However, concerns over potential misuse have prevented its public release.

Voicebox's release may be delayed due to the EU’s AI Act, which imposes more responsibility on social media companies for user-generated content. When launched, Voicebox is likely to integrate smoothly into Meta’s apps, VR hardware, and messaging services.

Key Facts about Voicebox:

  1. It's an innovative speech generative model grounded on Meta's non-autoregressive flow matching model.

  2. Voicebox outperforms single-language AI models, capable of synthesizing speech in six languages.

  3. It can efficiently remove noise, edit content, and transfer audio style across languages.

  4. It generates speech up to 20 times faster than state-of-the-art auto-regressive models.

Europe's AI Act has gained considerable support in the European Parliament and is set to become a cornerstone of global AI regulation after amendments from the European Commission and the Council of the EU.

Essential Provisions of the AI Act:

  1. Emotion-recognition AI in policing, schools, and workplaces is prohibited.

  2. The use of real-time biometrics and predictive policing in public spaces is banned.

  3. Public agencies are barred from social scoring.

  4. AI systems cannot be trained on copyrighted material.

  5. Social media companies bear more responsibility for user-generated content.

snapchat-uses-10-billion-ai-messages-to-better-target-ads

Since February, Snapchat's "My AI" chatbot has interacted with 150 million users, resulting in an impressive 10 billion messages. This wealth of data is now reshaping ad targeting.

Key Highlights:

  1. My AI's introduction significantly boosted Snap's subscriber base, contributing to revenue diversification through paid subscriptions.

  2. Insights derived from the 10 billion interactions are optimizing Snapchat's advertising strategies.

  3. Major changes include:

    • Expanding My AI to all Snapchat users for improved personalized ad targeting.

    • Utilizing in-app activity and My AI interactions for more effectively targeted commercial messages.

    • Incorporating sponsored links within My AI conversations to enhance ad engagement.

🛠️ 3 AI Tools to Supercharge your productivity

1. Magai: ChatGPT on steroids?? It's a game-changer for small businesses, marketers, and agencies. With GPT-4 and all these amazing tools packed into one convenient platform. No more scattered organization, no more missing personas, and image generation at your fingertips.

3-ai-tools-to-supercharge-your-productivity

2. Framer AI: Generate and publish your site with AI in seconds.

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3. CollovGPT: Create captivating product visuals in seconds! Remove backgrounds, choose from stunning templates, or customize with your prompt.

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🤖4 AI Step-by-step Tutorials

  1. How to create AI QR Codes for FREE in less than 1 minute.

  2. How to create Graphs in ChatGPT in seconds.

  3. How to Generate 100s of memes using the ChatGPT plugin

  4. How to Install Auto-GPT Locally (Setup Guide + Use Cases)

📝 10 AI Cheatsheets

  1. ChatGPT Cheatsheet 1.0

  2. The Complete ChatGPT Cheatsheet 1.0

  3. The Complete Midjourney Prompt Cheatsheet 1.0

  4. The 27 Most Popular AI Tools 2023 1.0

  5. The Evolution of AI.

  6. The AI Revolution: Landscape, Key Trends, and Growth Forecast in Generative AI

  7. ChatGPT: From Zero to Hero Cheat Sheet

  8. AI Jobs Landscape

  9. 52 ChatGPT Alternatives 2023

  10. Master ChatGPT Prompt Guide

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