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❀️ Marrying AI Chatbots Is Okay?

Amazon's Alexa Division Lost $10B?

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Plus: Amazon's Alexa Division Lost $10B?

Read time: 5 minutes

Let’s start a new week!

Google's new AI tool takes notes for you in meetings, making old-fashioned note-taking outdated.

However, this tool could be a problem for small AI companies. Can these smaller businesses survive against big tech companies? Let’s find out.

AI REPORT

πŸ”‹ Uranium & AI: Energizing the Tech Boom

uranium-ai-energizing-the-tech-boom

Source: globalxetfs

AI-driven demand for power sharpens the focus on uranium's role in sustaining nuclear energy and tech growth.

Key Takeaways:

  • Global data centers are expected to consume energy equivalent to Japan by 2026.

  • U.S. policies bolster nuclear energy, encouraging new reactor constructions.

  • AI data centers are projected to significantly increase their power consumption by 2030.

  • Hyperscalers like Amazon and Microsoft engage nuclear power for cleaner energy solutions.

  • European and US shifts in nuclear policy react to geopolitical tensions and resource diversification.

Why it matters: The uranium market has shortages, but AI progress and supportive U.S. rules improve its chances. New laws revive nuclear energy, making uranium more attractive in different investment options. As demand increases, uranium miners and industry groups react, setting the market up for big growth.

TODAY IN AI

AI HIGHLIGHTS

πŸ—“οΈ Google Meet's 'Take notes for me' AI feature summarizes meetings, available for $10/month with Workspace add-on, rolling out Aug 13-21 for select users.

πŸ–₯️ SingularityNET builds a supercomputer network for AGI, with the first node operational by 2025, using Nvidia, AMD, and Tenstorrent hardware.

πŸ€– AI-Enabled ICT Workforce Consortium reports 92% of IT jobs facing transformation, with mid- and entry-level positions most affected.

❀️ Replika CEO Eugenia Kuyda discusses AI chatbots as potential life partners, with millions using the app for companionship, mental health support, and romance.

πŸ” Trump falsely claims AI faked Harris' rally crowd; CBS News confirms real attendance with photo evidence.

Was Trump Tricked or Using AI?

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DAILY AI FUNDRAISING

UptimeAI has secured $14 million in Series A funding, led by WestBridge Capital, to expand its AI-driven plant monitoring in North America.

AI SOURCES FROM AI FIRE

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AI QUICK HITS

  1. πŸ’Ό JPMorgan Chase gives internal AI assistant from ChatGPT's OpenAI (Link)

  2. πŸ“ž FCC wants AI calls to disclose deep fakes (Link)

  3. 🀝 California and NVIDIA team up for unique AI project (Link)

  4. πŸ—£οΈ ChatGPT's voice mode imitated user, says OpenAI report (Link)

  5. πŸ’Έ Amazon's Alexa division lost $10 billion in 2022 alone (Link)

AI CHART

The way we create software is changing fast, and old methods are not keeping up. The ability to quickly start new projects is crucial for companies to stay ahead. Generative AI helps by making this process faster and more efficient.

Want to see how generative AI is changing software development? Here’s what to expect: By 2033, the value of generative AI in software development is expected to jump to USD 287.4 billion from USD 41.0 billion in 2023, growing at a rate of 21.5% each year from 2024 to 2033.

Here are some key points about how generative AI is making a difference in the industry:

  • Generative AI can cut costs by up to 25%.

  • About 30% of job opportunities in the field will require knowledge of generative AI and software development.

  • According to McKinsey, Product Managers using generative AI can get their products to market 5% faster and improve productivity by 40%.

AI TUTORIAL

Create Super Realistic Images Using Flux AI

create-super-realistic-images-using-flux-ai

Flux, a new AI image generator from Black Forest Labs, has quickly become a top tool, challenging leader Midjourney. Realistic AI videos made with Flux and Runway ML 3, are going viral.

Unlike Midjourney, which you can only use through a paid subscription, Flux is open-source so you have to download it and use it on your own computer. Here’s the guide to use Flux via website

  1. Go to the Fal AI website.

  2. Select the Flux Realism LoRA option.

  3. Enter your prompt and adjust settings like size and seed.

  4. Click β€˜Run’ to begin.

AI JOBS

  • Anson McCade: VP of Data & AI (Link)

  • Oracle Corporation (UK) Ltd: Architect Specialist for AI Infrastructure and GPU Workloads (Link)

  • Sanderson: AI Solutions Engineers (Link)

  • MBN Solutions: Artificial Intelligence Engineer (Link)

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