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Plus: 7 Paradoxes of AI
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Good morning Wednesday!
Exciting news as Google's AI Genie reshapes the gaming world by turning simple images into 2D virtual landscapes. On another note, Apple has decided to halt its ambitious autonomous car project, resulting in some layoffs. Stick with us for updates on these stories and more!
What are on FIRE ๐ฅ
Hire a world class AI team for 80% less
Trusted by leading startups and Fortune 500 companies.
Building an AI product is hard. Engineers who understand AI are expensive and hard to find. And there's no way of telling who's legit and who's not.
That's why companies around the world trust AE Studio. We help you craft and implement the optimal AI solution for your business with our team of world class AI experts from Harvard, Princeton, and Stanford.
Our development, design, and data science teams work closely with founders and executives to create custom software and AI solutions that get the job done for a fraction of the cost.
P.S. Wondering how OpenAI DevDay impacts your business? Letโs talk!
AI MODEL
๐ก GRIT: A Transformative AI Model
Source: Screenshot
GRIT merges embeddings and text generation, redefining AI model efficiency and adaptability.
Key Takeaways:
Merges generative/representational instruction for superior embeddings/text generation.
Proven effectiveness on models with 47 billion parameters.
Enhances infrastructure for API providers, uniting previously complex systems.
Sets performance benchmarks, outshining older methods.
Dramatically simplifies API provider infrastructure, marking a significant efficiency leap.
Why it matters: GRIT not only surpasses existing models in efficiency and adaptability but also significantly impacts API infrastructure, indicating a groundbreaking shift in AI technology.
GOOGLE VIDEO
๐ Genie: Google's AI Turns Images to Games
Source: Google
Google's AI Genie turns images into 2D virtual worlds, redefining game creation.
Key Takeaways:
Transforms images into interactive 2D worlds, pioneering in AI game design.
Relies on 200,000 hours of gameplay for rich learning.
Nudges closer to holodeck concepts with a 2D platformer spin.
Emerges from Google DeepMind, showcasing AI's growing capabilities.
Employs unsupervised learning from unlabelled videos, broadening AI's understanding.
Unveils new insights into real-world physics, enhancing AI's application scope.
Why it matters: Foreshadows AI's transformative impact on gaming, merging creativity with advanced learning.
Our POV: Google's Genie technology, offering superior AI for video analysis, enables the creation of simulations without coding. It promises interactive world generation but lacks a clear path to monetization. Despite its potential to revolutionize AI training, its immediate revenue-generating applications remain undefined.
Fun Fact: Alphabet's chatbot, Gemini, and its new virtual world, Genie, are the latest creations. Genie's name is inspired by the Arabic word "ุฌูููู" meaning god/elf, reflecting its role as a virtual assistant. Alphabet often gives its products names starting with 'G,' like Google, its flagship brand.
AI STOCK
TODAY IN AI
AI HIGHLIGHTS
Particle is an AI news reader founded by Twitter's former team.
Supported by Kindred Ventures, Adverb Ventures, and notable angels.
Strives for publisher fairness in the AI-summarized news era.
Project Titan ends a major shift after efforts since 2014.
Hundreds face layoffs, with a strategic pivot to generative AI.
1,400 employees were engaged in the car project's peak phases.
Leadership included high-profile hires from Tesla, Lamborghini, and BMW.
Talks had occurred with Hyundai, Kia, and Canoo for partnership.
700 jobs shifted to AI, altering employment landscapes.
Enhanced service speed reflects AI's transformative power.
$40 million profit projected from AI's operational efficiency.
35-language support showcases AI's global utility.
Sebastian Siemiatkowski voices concerns about AI's societal effects.
Experts debate AI's role in reshaping job descriptions and security.
DAILY AI FUNDRAISING
Photoroom secured $43M, hitting a $500M value. Aiming for more R&D and new features like Photoroom Instant Diffusion for better product photos.
Glean, an AI startup, raised $200M to expand its team to 700. It improves company searches with AI, including ChatGPT, and serves big names like Sony.
NEW EMPOWERED AI TOOLS
๐ Cartoonifier creates AI cartoons of yourself.
๐ฉ Dart will save you seven hours per week in project management overhead
๐ Retouch Pro makes amazing images using our powerful AI
๐จ Viddyode creates incredible videos on autopilot with the best AI video generator in seconds.
๐ซ Notification harbor automated and personalized push notifications and emails uniquely generated for each user based on a marketing intent.
AI QUICK HITS
1. โก Microsoft's AI principles promote innovation and competition (Read more)
2. ๐ท AI reshaping news media industry dynamics (Read more)
3. ๐ค Humane partners South Korea's SK Telecom for AI Pin launch (Read more)
4. ๐ข Nvidia forms GEAR to build AI bots for metaverse - pays to $333K (Read more)
5. โ๏ธ 7 paradoxes confronting the rise of AI (Read more)
6. ๐ก๏ธ Rethinking Privacy in the AI Era (Read more)
AI TUTORIAL
Generate Video with Stable Video Diffusion
Go to Stable Videoโs website and log in using your Google account.
You can describe the video with text or upload an image.
Using text to make a video won't give you a video right away. It will make four images first, and you can pick the one you prefer.
Then, customize the video you want to create.
AI CHEAT SHEET
Source: Generative AI
AI PROMPT
A Prompt to Get Advice from a Leading Business Expert
Think Like [Name]: Simplified Strategy for Your Business Problem
Let's solve your business issue like [Name] would, using a method he loves: breaking things down to the basics.
What's Going On: [INSERT WHAT'S HAPPENING]
Your Challenge: [DESCRIBE YOUR BUSINESS ISSUE]
Our Plan:
- Understand the real issue: Weโll strip everything back to see what's actually causing your problem.
Come up with new ideas: Using what we learn, weโll think of fresh ways to tackle your challenge.
Why Think This Way?
- hinking from the basics helps us see past common mistakes, like assuming things without checking if they're true. This method stops us from fixing things that aren't really broken or using solutions that don't actually help.
How We Do It:
- Question Everything: First, we check if what we think is the problem really is the problem. For example, if you think not posting enough on Twitter is why you're not getting leads, weโll first see if Twitter is really the best way to get those leads.
- Find the Basics: Next, we figure out the simplest parts of a solution based on real evidence.
- Create New Solutions: With these basic parts, weโll put together new ideas to solve your issue.
Advice in [Name]โs Style:
In the end, Iโll give you advice on how to move forward with your business, keeping it simple and focused on the basics.
Ready to tackle your problem by going back to the basics and building up from there?AI JOBS
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