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In today’s AI summary rundown:

1. Bill May Force ByteDance to Sell TikTok: A proposed bipartisan US bill could make ByteDance, the company behind TikTok, sell the app due to concerns about national security. If passed, ByteDance would have 165 days to divest, or TikTok could be blocked in the US. TikTok expressed concerns about the bill impacting free speech and small businesses.

2. Bitcoin Reaches Record High of $69K: Bitcoin, the popular cryptocurrency, reached an all-time high of $69,170 with a market capitalization of $1.35 trillion. Currently, it's down by 1.89% in the last 24 hours. Despite this slight dip, Bitcoin's price surge marks a significant milestone, fueled by extreme market optimism.

3. Microsoft's Small AI Model Excels at Math: Microsoft discovered that smaller AI models can outperform larger ones in specific tasks. Their Mistral 7B model, fine-tuned for math problem-solving as Orca-Math, achieved better results than larger models like GPT-3.5. Despite using less data, Orca-Math scored 86.8% accuracy in solving grade school math problems.

4. DeepMind Alums Launch Haiper for AI Video Generation: Former DeepMind employees have unveiled Haiper, an AI-powered video generation tool, joining the competitive market. Founded by Yishu Miao and Ziyu Wang, Haiper aims to revolutionize video creation using advanced AI models. Their expertise in machine learning led them to shift focus from 3D reconstruction to video generation, resulting in the creation of Haiper.

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Insight: What’s Happened with Open AI and Musk So Far

In a recent development, OpenAI has hit back at Elon Musk's lawsuit, shedding light on the behind-the-scenes drama. According to a blog post by OpenAI, discussions on fundraising initially suggested a need for the organization to switch to a for-profit model to secure the billions required for its mission.

However, OpenAI claims that Musk pushed for complete control or a merger with Tesla, which they opposed due to their mission against singular control. Allegedly, Musk then departed OpenAI, stating the organization's success chances were nil, and went on to develop his own AI competitor within Tesla.

OpenAI asserts that Musk was aware their mission didn't necessarily mean open-sourcing AGI, citing email conversations as evidence. The implications of this dispute are significant as generative AI is expected to be a major economic driver in the future, with OpenAI at its forefront. The lawsuits from Musk, the New York Times, and others pose serious challenges for OpenAI, placing them under scrutiny from various angles.

In summary, the clash between Musk and OpenAI unveils tensions surrounding the organization's mission and its path to funding. As the AI landscape evolves, the outcome of this legal battle could have far-reaching consequences for the future of AI development and the role of profit motives within it.

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 some KPIs that can be helpful to ensure a successful attempt at our campaign.

1. Select a Theme: Choose a theme that sparks your interest, be it some captivating CTAs or some interesting blog ideas.

2. Craft a Prompt: Develop a detailed prompt, like "Generate four ideas for using scrum methodology to develop an interactive online course focused on personal finance management."

3. Pick an AI Tool: Explore user-friendly AI text generators like ChatGPT or Gemini 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 Art: Within moments, revel in your unique artwork. Share it in your community or use it as inspiration for your projects! Remember, the more detailed your prompt, the more impressive the AI-generated results!

Prompt: Write four KPIs that can be used to measure the success of a mobile banking app development project.

Output:

• User Adoption Rate: This KPI measures the percentage of users who download and install the mobile banking app compared to the total number of users eligible to use it. A high adoption rate indicates successful marketing efforts, user-friendly interface, and effective communication of the app's benefits.

• User Engagement Metrics: Metrics such as average session duration, number of sessions per user, and active users per month provide insights into how engaged users are with the mobile banking app. Higher engagement indicates that users find value in the app and are using it regularly for their banking needs.

• Conversion Rate: The conversion rate measures the percentage of users who complete specific desired actions within the app, such as signing up for new accounts, applying for loans, or making transactions. A high conversion rate indicates that the app effectively guides users through the desired actions, leading to successful outcomes.

• App Performance Metrics: Performance metrics such as app load time, response time, and crash rate are crucial for measuring the technical success of the mobile banking app. A well-performing app ensures a smooth and seamless user experience, which contributes to higher user satisfaction and retention.

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. Stadio: Enter the realm of AI artistry with Stadio, an online haven powered by Stable Diffusion tech. 🎨 With a mere click, unleash the latest in Stable Diffusion wizardry on lightning-fast GPUs. 💫 Stadio boasts a user-friendly interface, granting everyone the power to craft breathtaking AI-generated art sans setup or tech know-how.

2. Jungle Scout: Navigate the Amazonian jungle with ease using Jungle Scout, your ultimate companion in the vast Amazon marketplace. 🌿 Armed with data-driven insights, Jungle Scout equips entrepreneurs and brands with a toolkit simplifying product research, market intel, and business management. 🚀 Whether you're a rookie seller or a seasoned brand, Jungle Scout provides the arsenal you need to triumph in the e-commerce battleground.

3. Pinecone: Unleash the potential of vector search with Pinecone, the go-to service for developers and businesses delving into ML applications. 🌲 By harnessing vector embeddings, Pinecone streamlines retrieving similar items from mammoth datasets, ensuring pinpoint accuracy and efficiency.

4. LearnWorlds: Step into the world of online education supremacy with LearnWorlds, the ultimate platform for educators, trainers, and businesses crafting, vending, and promoting online courses. 🎓 With an unwavering commitment to user experience, LearnWorlds empowers users to monetize their expertise, capturing a global audience. 🌎 Beyond course creation, the platform offers tools for crafting high-converting websites, captivating learners with interactive content, and nurturing a thriving online community.

Trending AI Startups

1. Lamatic: Lamatic.ai offers a wizardly low-code platform, smoothly melding Large Language Models (LLMs) into your apps with real-time data. 🧙‍♂️ Its GraphQL API effortlessly tackles LLM requests, managing prompts, model connections, caching, and analytics. 🚀 Armed with a toolbox brimming with tools and integrations, Lamatic.ai ensures fuss-free deployment of production-ready apps.

2. iRocket: Fueling Projects and Talent in the AI Epoch. 🚀 They're a lively hub linking skilled individuals to projects craving their expertise. As AI liberates resources from grand ventures, it champions smaller projects. Their faith in versatile specialists drives us. Through badge-earning, professionals spotlight their wide-ranging skills. 🏅 Their mission? Not just to keep pace with AI's evolution, but to cultivate a thriving environment where people and projects flourish, nurturing innovation and triumph in this new era.

3. sybill: Sybill pioneers as a generative AI startup crafting an AI co-pilot for sales reps. 🤖 Their goal? Revolutionize B2B sales with tailored, stage-specific guidance, and skyrocketing deal conversion rates. 📈 Their engine deciphers customer interactions, including non-verbal cues, and automates admin tasks like note-taking and email follow-ups. 📊 Driven by custom LLMs and behavior AI, their knowledge base is the linchpin of Go-to-Market strategies, perpetually learning from every deal.

4. Assort Health: At Assort Health, they're reshaping healthcare accessibility and affordability using cutting-edge generative AI. 🏥 They're crafting an AI-boosted contact center and care navigation platform, supporting text, audio, and video modes. 🤖 Your go-to for seamless patient care navigation.

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: In the heart of the city, "Steamy Serenity" coffee shop exudes warmth and tranquility. Rustic decor and soft jazz set the scene as patrons find comfort in plush seating. At the bustling espresso bar, a skilled barista crafts exquisite latte art with precision and flair. With deft movements, they pull shots of espresso and steam milk to velvety perfection. Each cup becomes a canvas for their artistry, from graceful swans to intricate rosettas. Customers marvel at the intricate designs, savoring both the rich flavors and visual delight. In this serene haven, time seems to slow down, allowing moments of blissful indulgence with every sip. "Steamy Serenity" offers not just coffee but an experience where craftsmanship and creativity intertwine, leaving patrons enchanted and rejuvenated.

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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