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In today’s AI summary rundown:

1. Apple Engineer Joins Midjourney: Midjourney, an AI company, recently welcomed Ahmad Abbas, previously at Apple, as their new head of hardware. Abbas, who joined Midjourney three months ago, is speculated to help the startup create virtual reality worlds. This move, noted by technology experts on social media, suggests Midjourney's ambition to enhance augmented and virtual reality experiences, hinting at possible developments in creating 3D environments from text descriptions.

2. Meta Criticized for AI Content Rules: Meta's Oversight Board, an independent group reviewing the company's content decisions, has supported leaving a fake video of President Joe Biden online but pointed out that Meta's rules on AI-generated content are unclear and limited. The board, established in 2020, is pushing for an urgent policy update before the 2024 U.S. election, highlighting the need for clearer guidelines on handling artificial intelligence content to ensure fairness and transparency.

3. Ola Founder's AI Firm Hits $1B Valuation: Krutrim, an AI company started by Bhavish Aggarwal of Ola, has become India's first AI unicorn with a valuation of $1 billion. Launched last year and quickly reaching unicorn status, Krutrim aims to revolutionize conversational AI with a system that understands multiple Indian languages as well as English. This achievement, backed by a significant investment from Matrix Partners India, marks a significant milestone in India's AI landscape, showcasing the potential for technology to cater to diverse linguistic needs.

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Insight: OpenAI's Democratic Quest, Empowering the Public in AI Governance

Colin Megill, who co-founded Polis, a tech platform for public discussions, was asked by OpenAI to help with their AI projects. OpenAI wanted to make sure their AI reflected people's values fairly. Polis helps find common ground among people with different opinions, and OpenAI thought this approach could help them.

OpenAI launched a $1 million program to find ways to let people have a say in AI rules. They chose ten teams to develop ideas and gave them $100,000 each. The goal was to see if there's a way to make AI decisions that everyone agrees with. One team, led by Andrew Konya, used AI to gather public opinions and create a policy document that reflects what most people think. However, this method isn't perfect because AI can sometimes get things wrong or miss some viewpoints.

Despite these challenges, the idea is to give people more power in deciding how AI is used. OpenAI hasn't promised to follow what the public says, but they're exploring how to involve people's opinions. The question remains whether any company would slow down or stop their AI work if the public asked them to. OpenAI's CEO, Sam Altman, said they would respect the public's wishes.

AI Training: Tutorial of the Day

Today, let's dive into a quick and fun tutorial on how you can harness the power of AI to spark your creativity. We're going to create a personalized guide for marketing using the help of ChatGPT.

1. Select a Theme: Choose a theme that sparks your interest, be it an expert’s opinion on Branding & Design or an engaging social media marketing strategy.

2. Craft a Prompt: Develop a detailed prompt, like "Offer a comprehensive guide to small business financing options, including loans, grants, and equity financing."

3. Pick an AI Tool: Explore user-friendly AI art generators like ChatGPT or BARD to bring your prompt to life.

4. Input Your Prompt: Feed your crafted prompt into the chosen AI tool and watch the creativity unfold!

5. Admire Your Output: Within moments, revel in your unique output. Share it in our community or use it as inspiration for your projects! Remember, the more detailed your prompt, the more impressive the AI-generated results!

Prompt: Provide a guide on networking and building partnerships as a small business owner.

Output: Networking and building partnerships are crucial aspects of growing a small business. These activities can help you expand your customer base, find new opportunities, and gain valuable insights and resources. Here's a guide on how to effectively network and build partnerships as a small business owner:

 1. Define Your Goals

Before diving into networking and partnership-building activities, clarify what you hope to achieve. Whether it's gaining new clients, finding a mentor, or seeking opportunities for collaboration, having clear goals will help you identify the right people and organizations to connect with.

 2. Identify Potential Partners and Networks

Research is key in finding potential partners who share your business values and have complementary goals. Look for:

• Industry Associations: Membership can provide valuable networking opportunities.

• Local Business Groups: Chambers of Commerce or local business clubs can be great for making connections.

• Online Platforms: LinkedIn, industry-specific forums, and social media groups can help you reach a wider audience.

• Events and Conferences: Attend industry-relevant events, trade shows, and conferences.

 3. Perfect Your Pitch

Having an elevator pitch ready is essential for effectively communicating your business's value proposition quickly and clearly. Your pitch should include who you are, what your business does, and what sets you apart, all in a concise manner.

4. Engage Actively

Whether online or in person, active engagement is key to successful networking:

• Attend Events: Be present at local meetups, seminars, and other networking events regularly.

• Participate Online: Contribute to discussions in online forums and social media groups related to your industry.

• Volunteer: Offering your skills or services at community events can increase your visibility and lead to new connections.

 5. Follow Up

After making a new contact, follow up with a personalized message or email. Mention something specific from your conversation to show genuine interest, and propose a next step, such as meeting for coffee or a virtual catch-up.

 6. Build and Maintain Relationships

Networking isn't just about making new connections—it's also about nurturing them. Keep in touch with your contacts through regular updates, sharing useful information, or simply checking in.

 7. Offer Value

Focus on how you can help others. Whether it's sharing expertise, referring clients, or collaborating on projects, providing value can strengthen your relationships and encourage others to support your business in return.

 8. Evaluate and Adapt

Regularly assess the effectiveness of your networking and partnership activities. If certain efforts aren't yielding the expected results, consider trying new strategies or focusing on different types of connections.

9. Leverage Technology

Utilize CRM (Customer Relationship Management) tools to manage your contacts and keep track of interactions, follow-ups, and notes about each connection. This can help you stay organized and make your networking efforts more efficient.

 10. Be Patient and Persistent

Building meaningful relationships takes time. Stay patient, persistent, and positive, even if you don't see immediate results. Consistency in your networking efforts will pay off in the long run.

Networking and building partnerships are ongoing processes that require commitment and adaptability. By following these guidelines, small business owners can create a solid foundation for growth and success through strategic connections and collaborations.

Remember, the key is to be as descriptive as possible in your prompts. AI tools are great at following detailed instructions, so the more vivid your description, the better your results!

Quirky AI Tools

1. Amper 🎵: Amper revolutionizes music production with its AI-driven capabilities, offering a customizable journey through mood, structure, and length for a unique musical narrative. 🎶🔧 Users gain access to a spectrum of features, from basic royalty-free options to comprehensive monthly plans catering to video producers, podcasters, and advertisers. 📹🎙️ Despite its acquisition by Shutterstock in 2020, Amper's legacy lives on through a specialized music library, blending custom music production technology with widespread accessibility for both commercial and personal projects. 🌟🎼

2. Audior 🎤: Bridging music creation and lyrical genius, Audior harnesses AI to craft songs that resonate. 🎧📚 By analyzing successful music patterns, this platform generates hits, offering tools for song creation, rhyming lines, and lyrical inspiration. 🎵✍️ Whether you're starting from scratch or seeking the perfect line, Audior's music generator apps ignite the spark of musical innovation, opening a world where every note and word is a step towards your next masterpiece. 🚀🎶

3. Melodrive 🕹️: Melodrive empowers game developers with an AI-based music system that delivers real-time, emotionally charged soundtracks. 🎮🎼 This innovative tool drastically cuts music production costs by 90%, offering game creators instant access to customizable soundtracks. 🛠️💸 With updates enhancing user experience, developers can now tap into Melodrive via Unity’s asset store or directly from its website, choosing from diverse musical styles like piano, rock, and ambient house. 🎹🎸 Start crafting immersive gaming experiences with soundtracks that elevate storytelling and engagement. 🌐🎧

Trending AI Startups

1. Sprig 🌱: Dive into the future of user research with Sprig! 🚀 Whether you're a part of an innovative squad at Dropbox, Square, or any tech titan, Sprig is your secret weapon for capturing real-time, valuable insights from your users. 🕵️‍♂️✨ Say goodbye to guesswork and hello to products and experiences that truly resonate. With Sprig, launching tailored research studies is a breeze, requiring minimal tech fuss. Plus, you'll save hours with smart open-text analysis. Get ready to craft frictionless, customer-loved products with ease! 🎉🔍

2. StackAdapt 📊: Welcome to StackAdapt, the playground of North America's digital marketing wizards! 🌟 This self-serve programmatic advertising platform is a melting pot of advanced machine learning and sleek user experience. 🤖💻 Here, ad buyers embark on a journey to sculpt, launch, and navigate data-driven campaigns across the digital cosmos, from desktop to mobile, touching every publisher partner along the way. Embrace the future of advertising where precision meets creativity. StackAdapt: Where ideas take flight! 🚀🌈

3. Workato 🍲: Imagine a world where your business moves at the speed of light — Workato makes it possible! 🌐🚀 Crowned a leader by Gartner and Forrester, Workato is the AI-powered maestro orchestrating a symphony of app integration and automated workflows. 💡🤖 Say hello to seamless collaborations between business and IT, ensuring your operations are secure, governed, and ten times faster than the old-school methods, all at a fraction of the cost. Trusted by the globe's elite and the boldest innovators, Workato is your golden ticket to operational excellence. 🎫✨

These startups are at the forefront of AI innovation, offering a range of services and technologies that are shaping the future of various industries.

AI-Generated Image of the Day

Prompt: Imagine a majestic house that merges traditional Japanese architecture with modern design, inspired by the artistry of Toriyama Sekien and the vibrant, maximalist works on Pixiv. This house, set in a magical, ethereal landscape, boasts an extraordinary number of windows, each revealing a unique, colorful scene within, embodying the essence of maximalism. Intricate details, patterns, and textures cover the house’s exterior, blending historical Japanese motifs with contemporary flair. The surrounding garden is alive with whimsical sculptures, mythical creatures, and lush vegetation, intertwining with the building's elaborate decorations. The scene captures the golden hour, enhancing the house's complexity with a dynamic interplay of light and shadow, inviting the viewer into a world filled with wonder, overflowing with rich details and fantastical elements, showcasing a harmonious blend of traditional and modern, natural and imaginative, all through a maximalist lens.

Tip: the more specific the better

Question of the Day

Today’s Meme 

That’s a Wrap 

That’s it for today’s news in the world of AI!

If you have anything interesting to share, please reach out to us by sending us a DM on Twitter: @dthareja or email me at [email protected]

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Until next time!

Dhiraj

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