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In today’s AI summary rundown:

1. Microsoft Debuts Compact AI Model Phi-3 Mini: Microsoft introduced Phi-3 Mini, the smallest in a new series of AI models. This model, which is notably smaller than earlier versions like GPT-4, has 3.8 billion parameters, meaning it can handle complex instructions efficiently. It is accessible on platforms like Azure and Hugging Face. Following this release, Microsoft plans to introduce slightly larger versions, Phi-3 Small and Phi-3 Medium. Despite its size, Phi-3 Mini boasts improved performance, delivering results comparable to models ten times its size.

2. Tesla’s Optimus Robot to Undertake Tasks This Year: During Tesla's recent earnings call, Elon Musk announced that the Tesla Optimus robot is expected to perform practical tasks by the year's end. Musk suggested that the robot might be available for external purchase by the following year. However, he cautioned that these timelines are speculative and subject to change.

3. Ray-Ban Meta Smart Glasses Upgrade to Multimodal AI: Initially launched as a content capture device and headphones, the Ray-Ban Meta Smart Glasses lacked multimodal AI, which allows an AI assistant to process various types of data such as photos, audio, and text. Recently, Meta added this feature, making it available to all users. Despite some negative reviews for similar AI gadgets, the Ray-Ban glasses show promising potential in this emerging technology field.
   

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Insight: Apple’s Latest Move - Acquires AI Firm Datakalab

 What’s Happening: Apple has recently completed the purchase of Datakalab, a French company skilled in making AI work directly on gadgets like phones without needing the internet. This news about the acquisition, which actually happened back in December 2023, just became public through a recent report.

Key Details:

• Datakalab is known for its smart technology that allows complex image analysis and data handling to be performed directly on devices using minimal power.

• In 2023 alone, Apple bought up to 32 AI startups, more than any other tech firm, highlighting its aggressive expansion in AI capabilities.

• At the upcoming Worldwide Developers Conference (WWDC) in June, Apple is anticipated to announce major AI features, including new on-device AI tools for the latest iPhone models.

Why This Is Important: Apple is usually very secretive about its plans in the AI sector. However, this acquisition could be a hint of exciting new features coming in June. As anticipation grows for on-device AI, the next iPhone release might bring revolutionary changes, making AI more accessible and powerful for everyday users.

AI Training: Transforming Sketches into Digital Art Using Adobe Firefly’s Structure Reference Feature!

Getting Started:

1. Create an Adobe Firefly Account: Visit Adobe Firefly's website and sign up for a free account. This will give you access to all the tools needed for transforming your sketches.

2. Choose Your Sketch: Pick a sketch you’d like to turn into a digital image. This will be used as a base to guide the transformation.

3. Upload Your Sketch: Navigate to the “Structure” section on the interface and upload your sketch there. This is where Adobe Firefly will begin its magic.

4. Customize Your Image:

- Edit the Prompt: Tailor the description in the prompt area to closely describe the image you envision. The more detailed your description, the better the outcome.

- Tweak Settings: Explore and adjust additional settings like aspect ratio, style, effects, or even the viewing angle to enhance your image.

5. Generate the Image:

- Click on “Generate”: After setting everything up, hit the generate button.

- Select Your Favorite: Adobe Firefly will produce several options based on your inputs. Choose the one that best fits your vision and enjoy your new digital artwork!

Celebrate your success as you bring your sketches to life with Adobe Firefly! 🎉

Quirky AI Tools

1. Osum 🚀: Elevate your market research game with Osum! Just a click away, this powerful AI tool dives deep into data oceans to fetch insightful, actionable intelligence in seconds 🕒. Whether you're looking to dominate the market or simply stay ahead of trends, Osum is your go-to for supercharged research results! Ready to make smart, data-driven decisions faster than ever? Let Osum be your guide!

2. 🧑‍💻 Tabnine 🛡️: Transform the way you code with Tabnine! This advanced AI assistant not only speeds up your coding process but also ensures your code remains secure and top-notch 🌟. Perfect for developers looking to streamline workflow and enhance productivity, Tabnine is like having a super coder by your side 24/7. Code more, worry less, and deliver faster with Tabnine!

3. 🎨 RapidLogo 🖌️: Create stunning, professional logos in an instant with RapidLogo! No need for complex design tools or waiting weeks for a designer—RapidLogo brings your brand to life with just a few clicks 💥. Ideal for startups, small businesses, or anyone needing a quick, impressive logo, RapidLogo is your shortcut to a memorable brand identity!

4. 🎥 Topview 🎬: Turn your raw footage into polished product videos effortlessly with Topview! This innovative AI tool takes your media from basic to brilliant, crafting engaging videos that captivate and convert viewers 🌟. Whether you're marketing a product or building a brand, Topview is your secret weapon for top-tier video content!

5. 🤖 Meta AI 🎨: Discover the magic of Meta AI, powered by the revolutionary Llama 3! This free tool does more than just assist—it creates stunning images and helps manage tasks with ease 🌈. Whether you're generating visuals or knocking out to-do lists, Meta AI is your creative and productive companion. Dive into a world where imagination meets intelligence with Meta AI!

6. ✍️ Collabwriting 📚: Streamline your team's research and documentation with Collabwriting! This AI-driven tool turns scattered online information into a structured, actionable knowledge base that empowers collaboration and innovation 🌍. Perfect for teams aiming to capture and capitalize on collective intelligence, Collabwriting makes sure no insight goes unnoticed. Equip your team with the power of knowledge with Collabwriting!
   

Trending AI Startups

1. FlytBase 🚁: Unleash the power of drones with FlytBase! Launched in 2016 in Silicon Valley, this visionary tech enterprise crafts groundbreaking, API-enabled software that scales and automates drone operations worldwide 🌍. With a solid foundation in robotics, machine intelligence, and automation software, FlytBase is pioneering smart UAV solutions across continents—from North to South America and Europe to Asia. Ready to elevate your business with high-flying tech? FlytBase is your go-to partner in the skies!

2. Trim 💸: Meet Trim, your ultimate financial health partner! Since 2015, Trim has been revolutionizing how you manage money, starting with simple fixes like canceling unused subscriptions and ensuring fair pricing on your bills 💡. Now tackling bigger challenges—debt management, emergency savings, and retirement planning—Trim’s tools automatically streamline your finances, saving users a whopping $86 million so far! Join the financial fitness revolution and live the life you dream of with Trim!

3. Bdeo 📹: Step into the future of insurance with Bdeo's cutting-edge visual intelligence technology! Leveraging AI, blockchain, augmented reality, and geolocalized video calls, Bdeo transforms the traditional insurance underwriting and claims processes 🌐. This innovative approach not only speeds up procedures but also enhances accuracy, propelling the insurance industry into a new era of efficiency and customer satisfaction. Get ready for a smarter, faster insurance experience with Bdeo!

4. Imagr 🛒: Revolutionize your shopping experience with Imagr's SmartCart! This intelligent trolley transforms the mundane task of grocery shopping into a seamless, contactless journey 🎉. Leveraging state-of-the-art AI, Imagr offers a personalized, safer shopping experience that not only benefits customers but also gives retailers a competitive edge. Say goodbye to traditional checkouts and hello to the future of shopping with Imagr’s frictionless solution!
   

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: Candlelight, the background is a starry sky with gray blue gradient, with white clouds floating around it. This artwork was created using digital painting techniques. It features a hand-drawn style, rough edges, and features a colorful cartoon illustration style.

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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