📆 June 18th 2024📆 

It’s great to see some new companies getting funding for some novel uses of AI. In my opinion, these are the businesses that will survive and challenge the heavy weights in the years to come because they are bringing their own defensible elements to the table and using LLMs as a commodity, not the product!!!

• ex-Meta engineers announce Jace, a model that combines LLMs with proprietary models to navigate your browser and complete tasks

• Another step on the path towards digital twins, highly functional vehicle twins will allow for more rigorous safety testing.

• TikTok have introduced AI avatars which can be used to market and sell your product. Is the world of the personalised marketing agent nearly here?

• Google Gemini scores high in a benchmark of health and fitness coaches, offering better advice based on fitness data.

• As always, too much to put in headlines. Check out the Other News Rollup section for a quickfire review of the top stories in AI.

Dive in for all the details!

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📰 News 📰 

Former Meta Engineers Launch Jace, an AI Agent Revolutionizing Tasks Independently

Zeta Labs, founded by ex-Meta engineers, introduces Jace, an AI agent powered by LLM technology, capable of autonomously executing browser tasks. The startup secured $2.9 million in funding to enhance Jace's capabilities, aiming to handle complex tasks effortlessly. Leveraging a combination of models, including a proprietary web-interaction model, Jace can perform various tasks from booking hotels to managing inventory. Zeta Labs plans to monetize Jace by offering a subscription-based service for consumers and small businesses, targeting sectors like recruiting, ecommerce, marketing, and sales.

Read More At: VentureBeat

Parallel Domain Launches PD Replica for Autonomous Vehicle Testing

Parallel Domain has introduced PD Replica, a cutting-edge solution for creating high-fidelity digital twins to enhance the testing of autonomous vehicles. This platform aims to provide a more efficient and scalable approach to simulation-based testing, critical for the development and validation of autonomous driving technologies.

PD Replica leverages advanced AI and simulation techniques to create detailed virtual environments that mirror real-world conditions. This allows for extensive testing of autonomous systems under a variety of scenarios without the need for costly and time-consuming physical trials. The digital twins created by PD Replica can simulate a wide range of traffic conditions, weather variations, and other environmental factors, offering a comprehensive testing ground for autonomous vehicle software.

Read More At: VentureBeat

TikTok Embraces AI-Generated Avatars and Language Dubbing for Ads

TikTok is making significant advancements by integrating AI into its platform, specifically focusing on AI-generated avatars and language dubbing for advertisements. This move aims to enhance user engagement and broaden the scope of content creation.

TikTok's AI avatars, which are part of a beta program, offer over 100 variations in appearance, accents, and languages. These avatars are designed to narrate product demonstrations, explainer videos, and more, providing a dynamic and immersive experience for users. This innovation allows advertisers to create personalized and interactive content that can potentially boost engagement and conversion rates.

Read More At: The Verge - All Posts

Google Gemini: A Superior Health Coach

Google's Gemini AI has shown remarkable effectiveness as a health coach, surpassing human counterparts in various metrics. Utilizing advanced algorithms and real-time data analysis, Gemini offers personalized fitness and nutrition advice that adapts to individual progress and needs. Its ability to continuously learn and refine its recommendations ensures users receive up-to-date and scientifically backed guidance. This AI-driven approach has led to higher engagement and better health outcomes for users, illustrating the potential of AI in personal health management.

Read More At: VentureBeat

🔨 AI Powered Tools 🔨 

• Undetectable - Designed to make AI-generated text indistinguishable from human-written content. It offers an AI humanizer that enhances the quality and readability of AI-generated text, helping users avoid detection by AI content detectors.

• Ideogram - Particularly noted for its advanced text rendering capabilities, allowing users to create images with coherent text, which is often a challenge for other AI models. Ideogram supports a wide variety of image styles and is used for creating logos, posters, memes, and more.

• Fiverr Logo Maker - Combines AI technology with a vast library of design elements to generate unique and customized logos based on user input. This tool is particularly useful for small businesses, start-ups, and freelancers looking for a quick and affordable way to establish a brand identity.

🗞️ Other News Rollup 🗞️ 

AI in Enterprise Security - Platform-wide AI in enterprise security faces control, compliance, and energy consumption challenges, impacting user security and control.

Meta's EU AI Pause - Meta halts AI training on EU posts, faces complaints, promises opt-out. Privacy group monitors for legal commitments.

UK Train AI - AI cameras in UK stations monitor crowds, detect thefts, and analyze emotions for potential advertising use.

A.I. for Small Businesses - Small businesses delve into A.I. tools like ChatGPT, foreseeing economic transformation and facing cybersecurity challenges.

AI Gateway for Enterprises - Kong Inc. releases Kong AI Gateway, streamlining generative AI deployment and monetization for enterprises.

AI Reshaping Big Tech - Tech giants lay off workers to invest in AI, reshaping job market. New AI roles emerge amidst layoffs.

AI Revolutionizes Spatial Content Creation - Gracia AI raises $1.2M for AI-powered photorealistic volumetric videos, expanding VR experiences beyond gaming.

AI Hype Cycle Insights - Data quality, regulation, and cybersecurity are crucial for startups navigating the AI hype cycle effectively.

Strategic Human-AI Decision Making - AI augments human decisions strategically. Tips: set criteria, document opinions, discuss smaller decisions, document rationale, set kill criteria.

Cloud vs On-Premises AI - Cloud's cost efficiency, specialized skills, agility, security, and privacy-preserving AI services make it the AI infrastructure winner.

Nvidia's AI Innovation - Nvidia's Nemotron-4 340B model redefines synthetic data generation, competing with GPT-4, democratizing AI, and impacting various industries.

🎶 Prompts 🎶 

Prompts used to generate some of this issues images. Unless otherwise stated all images are using Dall-E and ChatGPT Plus.

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