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In today’s AI summary rundown:

1. Meta Sues Ex-VP Over Data Theft: Meta has taken legal action against a former Vice-President, Dipinder Singh Khurana, accusing him of stealing confidential data center blueprints. Khurana, who worked at Meta for 12 years, allegedly took secret documents to start his AI cloud company and recruit former colleagues. After announcing his departure, he supposedly gathered sensitive information about Meta's operations and staff. Meta filed this lawsuit in California, aiming to protect their proprietary data and business practices from being exploited.

2. Apple Opens App Distribution in EU: Apple will let software developers distribute their apps directly to EU customers via their websites, responding to new European Union regulations. This move, required by the Digital Markets Act (DMA), breaks Apple's previous practice of exclusively using the App Store for app distribution within the EU. The changes also allow developers to avoid Apple's in-app payment system, which can charge up to 30% in fees, offering more freedom and potentially reducing costs for developers and consumers alike.

3. TikTok Eyes Photo Sharing Market: TikTok is reportedly expanding into photo sharing, potentially competing with Instagram. This strategy comes as Instagram shifts towards video content, mirroring TikTok's short video success. The new service, spotted in TikTok's app code and possibly named TikTok Photos, aims to attract users interested in photo posts, a niche Instagram once dominated. TikTok's move could diversify its offerings and respond to user and regulatory concerns by focusing on a different content format.

4. Microsoft's AI for Cybersecurity Launches: Microsoft is introducing an AI-driven assistant, Copilot for Security, to help cybersecurity experts combat online threats. Starting next month, leveraging GPT-4 and Microsoft's security models, this tool will charge businesses $4 per usage hour. Unlike other Microsoft services with monthly fees, Copilot for Security offers a pay-as-you-go pricing model. It provides up-to-date threat information and security advice, using Microsoft's vast data on daily cybersecurity signals to support professionals in safeguarding against digital dangers.

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Insight: Tesla's Growth Stalls, Analysts Predict Zero Sales Growth

Tesla, once celebrated for its meteoric rise, has seen its allure as a growth titan wane.

This downturn was underscored by a stark forecast from Wells Fargo analyst Colin Langan on Wednesday, suggesting that Tesla's sales growth would stall to a standstill this year.

Furthermore, Langan predicts a decline in sales volumes by 2025, leading to a 4.5% fall in Tesla's shares, which hit a low not seen in 10 months. Consequently, Tesla's stock has plunged by 32% this year, conspicuously absent from the broader market's 8.3% increase as seen in the S&P 500 Index.

The root of this setback lies in Tesla's faltering growth momentum, which is increasingly at odds with its lofty market valuation.

The electric vehicle giant's revenue and profit growth have notably decelerated since the previous year, challenging its previously unassailable growth narrative. 

"The current market sentiment is a reflection of skepticism towards Tesla's justifiability for such a premium valuation," noted Adam Sarhan from 50 Park Investments. This sentiment encapsulates the growing doubts about Tesla's capability to sustain its rapid growth trajectory.

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 "Devise a logo for a pizza shop named Pizza Pineapple."

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. Mendix 🚀: Unlock the power of app creation with Mendix! This low-code wonderland 🎩 allows businesses to whip up web and mobile apps faster than a speeding bullet 🦸. From the spark of an idea 💡 to the glory of deployment 🌟, Mendix streamlines the entire app-building process. It’s perfect for enterprises eager to dazzle customers with awesome experiences, transform digitally without the drama, and give old systems a modern makeover 🎨.

2. Core ML 🍏: Step into the future with Apple's Core ML, the super-smart framework that brings machine learning magic ✨ to iOS, macOS, watchOS, and tvOS apps. Even if you're not a machine learning guru 🧙‍♂️, Core ML lets you sprinkle your apps with advanced features, making them smarter and more intuitive 🧠. Enhance user experiences and add a touch of genius to your applications with ease. Core ML: Powering apps, the smart way.

3. Softr 🛠: Imagine building powerful software as easily as playing with LEGO blocks 🏗. Enter Softr, the no-code hero that turns your Airtable or Google Sheets data into stunning client portals, internal tools, and community hubs 🚀. Create custom, secure, and branded applications without writing a single line of code. Whether it’s for streamlining operations or engaging your community, Softr makes it a breeze. Softr: Where building software is soft on you.

4. Bannerbear 🐻: Say goodbye to the grunt work of marketing with Bannerbear! This automation ace 🎩 transforms the way you create social media visuals, e-commerce banners, and more. Set up once, and watch as Bannerbear takes over the tedious tasks, churning out eye-catching content while you sleep 💤. Perfect for businesses looking to boost their brand without burning out. Bannerbear: Automate your creativity, and unleash your brand.

Trending AI Startups

1. Dixa 🌟: Imagine a world where companies and customers are best buds 🤝, chatting effortlessly across emails 📧, messages 💬, phone calls 📞, and chats. Dixa makes this dream a reality! With their super-smart software, say goodbye to the headache 🤕 of jumbled systems and hello to seamless conversations. In just a year, they've zoomed 🚀 from the new kid on the block to the top dog 🥇 in SaaS Contact Center platforms, making life easier in over 20 countries. Dixa: Where chaos meets clarity and customer service feels like a chat with friends.

2. ampcontrol.io ⚡: Picture this: streets filled with electric vehicles (EVs) 🚗, all powered up and ready to go thanks to ampcontrol.io. They’re the brainiacs 🧠 engineering the future of EV charging, helping businesses supercharge 🚀 their charging stations, and craft smart electric fleets. Their cloud software is globetrotting 🌍, bagging major awards 🏆, and backed by some of the world’s sharpest investors. Based in Europe and the U.S., their remote-first squad from Berlin to New York is electrifying 🌩 the EV world, one plug at a time.

3. Originate 🚀: Step into the future with Originate, where they're more than just tech whizzes 🧙‍♂️—we're digital dream weavers. Merging business savvy 📈, customer love ❤️, and cutting-edge tech, they craft experiences that leapfrog competitors and win hearts. Since 2007, they've been the go-to for businesses big and small, speeding up 🏎 their journey with our experience automation magic.

4. Untether AI 🧠: Enter the realm of Untether AI, where they're redefining the game of neural net inference with their revolutionary processors. Imagine a world where devices think faster 🚀, last longer 🔋, and outsmart their limitations—all while sipping the least amount of power 🌱. Their groundbreaking tech puts processing power right where it's needed, slashing energy use and skyrocketing efficiency. From smart gadgets to industrial marvels, they're powering up the future, making every joule count.

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: Envision an 8K, ultra-realistic image of a vintage steam locomotive from the early 20th century, chugging through an untouched snowy landscape at twilight. The scene illuminates the train's intricate details—brass fittings, riveted steel, and billowing steam—with a warm, amber glow from its headlamp, highlighting unique snowflakes near the tracks. Surrounding the train is a serene expanse of fresh snow, reflecting the light to create a magical atmosphere, and snow-covered pine trees add depth alongside snow-clad hills under a sky transitioning from pale blue to soft purples and pinks. The perspective is slightly elevated, capturing the locomotive and its passenger cars in motion, steam swirling, evoking adventure and nostalgia. This composition combines technological marvel with the tranquil beauty of a snowy landscape, inviting viewers into a moment of timeless elegance.

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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