📰 News 📰 

Microsoft's Phi-3 Mini AI Model for Smartphones

Microsoft's innovative Phi-3 family of small language models (SLMs) offers significant capabilities despite their smaller size. Designed to operate with lower computing resources, these models are making AI more accessible across various sectors. Phi-3 models, including the Phi-3-mini with 3.8 billion parameters, achieve superior performance compared to larger models in tasks involving language, coding, and mathematics. This breakthrough allows for AI applications to run locally on devices, enhancing privacy and reducing latency, ideal for real-time, on-device computations.

Read More At: Microsoft News

Technical Report: arXiv

OpenAI's Child Safety Commitment - Design Principles

OpenAI has joined forces with organizations like Thorn and All Tech Is Human to implement 'Safety by Design' principles in AI development, focusing on child safety. This commitment is aimed at preventing the misuse of generative AI technologies in creating or spreading harmful content against children. The initiative involves rigorous measures during the development, deployment, and maintenance stages of AI technologies to ensure safety and responsible use, with annual updates on progress.

Read More At: OpenAI Blog

The Rise of Generative AI in America

A recent Adobe survey reveals that over half of Americans have used generative AI, with 82% believing it will enhance their creativity. The technology is increasingly integrated into various aspects, including e-commerce, where 58% of users feel it has improved their shopping experience. The data also shows a significant increase in online traffic for retail and travel sites using generative AI, indicating a growing consumer reliance on AI for better and more personalized online interactions.

Read More At: Adobe Blog

Perplexity AI Search Platform Growth

Perplexity, an AI search engine startup, is currently raising over $250 million at a valuation between $2.5 billion and $3 billion. This follows two significant funding rounds earlier in the year which saw their valuation leap significantly. The company is developing a generative AI-based search platform, enhanced with multiple large language models (LLMs), targeting both general and enterprise applications. Its latest offering, Perplexity Enterprise Pro, integrates various leading LLMs, aiming to offer a customizable search tool for enterprise users.

Read More At: TechCrunch

🔨 AI Powered Tools 🔨 

A run down of the latest SaaS products and services which leverage AI to help you take back some time.

• Fireflies.ai - AI-driven tool that automates meeting notes, transcription, and analysis across various industries, particularly in corporate and educational environments. It distinguishes itself by providing advanced features such as AI-powered search, conversation intelligence, and integration with numerous platforms

• Pictory - AI-powered video creation tool catering to a wide array of users including content marketers, educators, and business professionals. It enables the creation of high-quality videos from scripts, blog posts, and other content without requiring prior video editing experience.

• Murf - Text-to-speech platform that serves various industries, including e-learning, marketing, and media. It offers realistic voice generation in over 20 languages, providing voice cloning and customization options to suit diverse content needs.

🧠 Research 🧠 

Pegasus-v1 Technical Report

The technical report introduces "Pegasus-1," a state-of-the-art multimodal language model specialized in interpreting and interacting with video content through natural language. The core purpose of Pegasus-1 is to tackle challenges inherent in video data, such as interpreting spatiotemporal details and integrating audio cues to enhance video understanding across various lengths. Pegasus-1 has shown exemplary performance across several benchmarks including video conversation, zero-shot video question answering, and video summarization. It excels in handling complex multimodal data, significantly outperforming other models.

However, the model exhibits some limitations, such as inconsistency in performance and potential data scarcity issues, which could affect the training scale and quality. Future research could focus on improving reliability, expanding training datasets, and refining multimodal integration techniques to enhance Pegasus-1's robustness and applicability in diverse real-world scenarios.

🗞️ Other News Rollup 🗞️ 

AI PCs Caution - CIOs and buyers cautious about AI PCs due to costs and benefits. Varying adoption rates across industries.

AI Datacentres Powered - OpenAI CEO invests $20m in solar energy company Exowatt to power AI datacentres sustainably.

AI Tools for Outdoors - Google's AI tools like Lens and Maps enhance outdoor experiences. Identify plants, explore, and enjoy the outdoors.

Apple's AI Server Processor - Apple developing custom AI server processor for enhanced performance and efficiency. Weibo user hints at future AI advancements.

AI-Powered Ray-Bans - Ray-Ban Meta smart glasses feature advanced multimodal AI for interactive real-time experiences like real-time translation.

AI Empowers Voice Actors - Speechless introduces Hybrid AI license for voice actors in gaming, offering commissions and collaboration opportunities.

AI Security Risks - CEO Jason Matheny highlights AI's role in biological weapon creation and the threats to democracy and national security.

Trademarked Fairy Tale Characters - Elf Labs launches transmedia business with trademarked fairy tale characters in zombie and robot forms, aiming to revolutionize media.

AI GPU Partnership - Brev.dev and Akash Network collaborate to offer AI developers on-demand GPU access, revolutionizing cloud infrastructure.

OpenAI Enterprise Features - OpenAI unveils enhanced security, upgraded Assistants API, cost management features, and Projects for better administrative control.

AI Driving HDD Prices - Seagate and Western Digital raise hard drive prices due to AI demand, leading to supply shortages.

AI for EdTech - Google's Growth Academy supports edtech start-ups with AI, like Kwame AI empowering students in Africa.

🎶 Prompts 🎶 

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

Thank You for Subscribing

Enjoying what you’re reading? Help me get better so I can continue to provide you with the most relevant content.