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In today’s AI summary rundown:

1. Hugging Face Offers $10 Million in Free Compute: Hugging Face, a leading machine learning company, is providing $10 million worth of free GPUs to support small developers, academics, and startups in creating new AI technologies. This initiative aims to counter the dominance of big AI companies and promote innovation among smaller players in the field. By offering these resources, Hugging Face hopes to level the playing field and encourage diverse contributions to AI advancements, ensuring that the benefits of AI technology are more widely distributed.

2. Google and OpenAI Compete to Rewire the Internet: Google and OpenAI are in a fierce competition to integrate ChatGPT-like capabilities with their search engines. Both companies are racing to develop the best combination of AI-driven chat and search functions, aiming to outdo each other in this cutting-edge technological arena. This rivalry is pushing both to innovate rapidly, with the goal of revolutionizing how users interact with and retrieve information online, ultimately shaping the future of internet search.

3. Google's AI Finds Lost Items Like Glasses: Google has introduced a new AI system that can locate lost items such as glasses, similar to OpenAI's recent launch of GPT-4o. This new AI technology can read human expressions via a phone camera and engage in fluent conversations. Google's move highlights its capability in "multimodal" understanding, matching its rival's innovative features. This advancement showcases Google's commitment to enhancing everyday life through AI, offering practical solutions for common problems.

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Insight: Six Major GenAI Trends Shaping 2024’s Agenda

1. GenAI Gets Multi-Modal: Generative AI is now capable of seeing, hearing, and speaking. With multi-modal models covering text, code, images, and audio, the possibilities for content creation and comprehension are expanding dramatically.

2. GenAI Interacts with the World: These AI models are becoming more integrated with data and IT systems. They can now read and write data, making them more interactive and useful across various applications.

3. Easier Control Over GenAI Models: New features, like the ability to set a seed, allow users to achieve more consistent outputs from probabilistic models. This makes GenAI tools more reliable and user-friendly.

4. Democratization of GenAI Development: OpenAI's new product, “GPTs,” is making it easier than ever to build AI-powered chatbots. With low code and no-code interfaces, nearly anyone can create their own generative AI tools.

5. GenAI as a Platform: We're seeing the emergence of entire marketplaces dedicated to GPTs. Users can discover new applications and even publish their own, fostering a vibrant ecosystem of generative AI solutions.

6. Declining GenAI Costs: The costs associated with GenAI, particularly the GPT-4 API, have significantly decreased. For many enterprise customers, these costs have been cut by two to three times, making GenAI more accessible and affordable.

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 work of digital art using AI!

1. Select a Theme: Choose a theme that sparks your interest, be it a tranquil beach or a futuristic metropolis.

2. Craft a Prompt: Develop a detailed prompt, like "Design cartoon-style drawing of a person working on a computer in an office setting. ."

3. Pick an AI Tool: Explore user-friendly AI art generators like DALL-E 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!

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. LangChain🌟: LangChain revolutionizes the development of LLM applications, bridging the gap from prototype to production. 🌐 With its versatile abstractions and AI-centric toolkit, developers can craft intelligent, context-aware applications that think and adapt. 🧠 LangChain not only equips developers with the necessary tools but also ensures that applications are optimized for real-world deployment, making them production-ready and efficient. 🚀 Embrace the future of AI development with LangChain's comprehensive platform! 💡

2. Open Big Model🤖: Open Big Model offers an extensive suite of AI foundation models, featuring the Zhipu AI ChatGLM Series, CodeGeeX Large Code Models, and Multimodal Models. 🌟 These models enhance semantic understanding, logical reasoning, and code generation. 🧩 The platform supports various functions such as function calls, reasoning, code commenting, translation, image-based semantic recognition, and text-to-image generation. 🖼️ Tailored for diverse applications, Open Big Model empowers users with advanced AI capabilities. 🌍

3. Andi Search 🔍: Andi Search is an AI-powered search assistant designed to provide precise and accurate answers to a wide array of queries. 🌐 By focusing on detail and accuracy, Andi enhances the search experience, offering tailored responses that cover everything from general knowledge to specific technical guidance. 🧠 With Andi, users can find the exact information they need quickly and efficiently, revolutionizing the way we search and learn. 🚀✨

Trending AI Startups

1. LawyerCoder LCV3 ⚖️💻: LawyerCoder LCV3 is a dynamic hub for the legaltech and regtech community, merging cutting-edge tech with legal innovation. 🚀 It offers a marketplace for machine learning, AI, data labeling, blockchains, smart contracts, AR, VR, metaverses, IoT, cybersecurity, and more. 🌐 Showcasing the talents of coders, programmers, engineers, and software architects, LCV3 connects tech experts with the legal world, driving forward innovative solutions and services. 🌟 Discover the future of legaltech with LawyerCoder LCV3! 🏛️

2. Telus International AI 🌐🤖: TELUS International AI bridges the gap between humans and intelligent systems, creating seamless human-machine interfaces. 🌟 From homes to cars to workplaces, their AI-driven solutions enhance human experiences everywhere. 🏡🚗🏢 Specializing in conversational interfaces and virtual assistants, TELUS AI excels in recognizing and understanding voice, text, and images. 🗣️📝🖼️ With a focus on breaking language barriers and physical constraints, TELUS International AI is redefining the way we interact with technology. 🚀✨ 

3. POIETO 🌟🧠: POIETO revolutionizes AI design by integrating community insights into the development process. 🌐 Bridging non-experts and AI experts, POIETO offers a platform for community-derived social considerations of systems, data, and models. 💡 This pipeline ensures more thoughtful and inclusive AI creations, making advanced AI tools accessible and collaborative. 🌍🔧 Empowering creativity and innovation, POIETO is the go-to tool for designing AI that truly reflects community needs and values. 🚀🤝

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: Generate a captivating AI-rendered image featuring a house in the light of day in front of a nature background.

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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Thanks for reading.

Until next time!

Dhiraj

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