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In today’s AI summary rundown:

1. Northvolt Powers Up EV Tech: Northvolt, Europe's top battery maker, partners with ex-Apple AI scientist Siddharth Khullar to advance electric vehicle (EV) battery tech. Khullar's team uses AI for better manufacturing and testing, exploring AI in chemistry and manufacturing. Northvolt, having raised $9 billion, expands production in Sweden and plans factories in Germany and Canada, with orders surpassing $55 billion from top automakers.⚡️

2. Animate Anyone - Deepfake Revolution: Animate Anyone, a breakthrough in deepfake tech by Alibaba Group, outshines previous models in realism. Extracting facial features, it generates lifelike sequences with improved appearance details. Despite imperfections, the potential for misuse is a concern. The public release date is uncertain, but the impact on the market is potentially disruptive, challenging perceptions of authenticity and reality.🤖

3. LoHiResGAN: MRI Evolution: Australian researchers revolutionize clinical MRI with LoHiResGAN, enhancing low-field MRI scans. LoHiResGAN rivals high-field scans, preserving diagnostic integrity. Deep learning translates low-field 64mT MRI scans into high-field 3T images, expanding clinical diagnoses, especially in areas lacking high-field MRI access. Challenges persist, emphasizing the need for future improvements in brain measurement accuracy.🧠

4. AI's Lexicon Takeover: AI dominates "Word of the Year" lists at Oxford, Cambridge, and Merriam-Webster, redefining existing terms. Cambridge's "hallucinate" underscores AI's fabrication tendency, Merriam-Webster's "authentic" highlights blurred reality in the AI era, and Oxford's "prompt" reflects evolving human-AI relationships. "Deepfake" enters mainstream language, emphasizing business implications for clear communication amid AI-driven linguistic shifts.📚

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Insight: Why the Enthusiasm for AI Hasn't Yet Manifested in Business Outcomes

Despite the incessant buzz surrounding artificial intelligence (AI) in the corporate world, a glaring disparity persists between talk and action. Recent discussions during earnings calls by S&P 500 companies revealed AI being as frequently mentioned as interest rates. However, a stark contrast emerges from a Census Bureau survey, indicating that a mere 4.4% of US businesses have employed AI to generate goods or services in the last fortnight. Even more striking is the fact that only 6.9% of surveyed enterprises anticipate incorporating AI into their operations within the next six months.

A key impediment to the realization of AI's potential lies in the scarcity of qualified talent. A study by Amazon disclosed that a staggering 75% of businesses seeking AI-proficient personnel encountered difficulties in recruiting the right individuals. Additionally, concerns about safety pose another significant hurdle to widespread AI adoption. Recent security breaches have heightened apprehensions, prompting companies like Apple and Samsung to prohibit certain generative AI tools in the workplace. Ongoing controversies, such as allegations of security flaws involving ChatGPT and Amazon's new Q chatbot, further contribute to the hesitancy surrounding AI integration.

Despite the optimistic outlook maintained by businesses regarding AI, the prevailing reality underscores the formidable obstacles that must be surmounted before widespread adoption becomes a reality. OpenAI's COO, Brad Lightcap, underscores the experimental nature of AI, cautioning against premature expectations of the technology ushering in substantial business transformations in one swift stroke.

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 "I need to write an email to a client regarding a change in the project timeline. Can you give me some guidance on how to phrase it?"

3. Pick an AI Tool: Explore user-friendly AI art generators like ChatGPT or Sudowrite 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 Result: 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!

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!

Prompt: I need to write an email to a client regarding a change in the project timeline. Can you give me some guidance on how to phrase it?
Subject: Project Timeline Update

Dear [Client's Name],

I hope this message finds you well. I wanted to inform you of a necessary adjustment to our project timeline. After a thorough review, unforeseen challenges have prompted us to extend the deadline by [revised time frame]. This decision ensures we maintain the high quality you expect.

We understand the importance of deadlines and apologize for any inconvenience. Our team is committed to minimizing the impact on the overall timeline, and we'll be working diligently to expedite the process.

We value your understanding and cooperation during this adjustment. If you have any concerns, we're eager to discuss them further. Thank you for your continued partnership and support.

Best regards,

[Your Full Name] [Your Position] [Your Company] [Contact Information]

Quirky AI Tools

1. Sudowrite: Sudowrite is your writing companion, offering versatile paragraph rewriting. It mimics different styles and incorporates various senses, fostering creative brainstorming. The initial trial is free, and the subscription costs $19/month. It's a valuable tool for enhancing your writing by providing diverse perspectives and styles. 📝🔄💡

2. Jenni: Jenni, the AI writer, completes your writing based on the title and tone you specify. It tailors sentences sentence by sentence, letting you confirm or deny each suggestion. With tones ranging from professional to friendly, Jenni adapts to your writing style. After a free trial, it's available for $12/month, ensuring personalized and efficient writing support. ✍️🔄💼

3. HyperWrite: HyperWrite accelerates sentence completion and offers writing suggestions. Ideal for longer pieces, it's accessible online and as a Google Chrome extension. The free version allows 1000 sentences/month. HyperWrite streamlines the writing process, providing valuable assistance in structuring and refining your content. 📝💡🚀

Trending AI Startups

1. Webio: Webio excels in conversational AI, helping businesses automate customer interactions effectively. They offer diverse communication channels, allowing customers to engage in their preferred manner. By managing both inbound and outbound messages, Webio claims to enhance customer engagement by up to 48%, providing businesses with a powerful tool for scalable and personalized communication. 🤖💬🚀

2. Skydio: Skydio pioneers in computer vision and AI, crafting the Skydio X10 drone. Tailored for law enforcement, energy companies, and more, this drone utilizes AI to capture high-resolution thermal visuals. These autonomous drones offer valuable insights remotely, proving instrumental for various sectors in enhancing efficiency and obtaining critical data. 🌐🤖🚁

3. Freenome: Freenome, a biotech trailblazer, focuses on early cancer detection through blood draw tests. Their diagnostic approach identifies cancer indicators, both from tumor and non-tumor biomarkers. This early detection enables healthcare providers to intervene promptly, improving the effectiveness of treatments. Freenome's innovation holds promise for advancing cancer care and outcomes. 🩸🔍🚀

4. Phrasee: Under the wing of Capital D, Phrasee is an AI gem dedicated to digital marketing. Specializing in email and social media, it generates on-brand AI content for large-scale enterprises. This boosts conversions and enhances Return on Investment (ROI). Phrasee's platform serves as a valuable asset for marketers, streamlining the process of creating compelling, AI-driven content across various digital channels. ✉️🤖💰

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 a dimly lit attic, a boy is immersed in the glow of his computer screen, surrounded by the hushed whispers of the night. His face reflects a mix of excitement and determination as he navigates a digital landscape, fingers dancing on the keyboard. The room is a sanctuary, filled with the hum of the computer and the distant laughter of neighbors. The screen pulsates with cascading lines of code and vibrant colors, casting a magical glow on the boy's features. As he delves into his digital adventure, the prompt hints at mysteries and breakthroughs, leaving the reader intrigued about the unfolding narrative. The atmosphere is rich with the scent of worn-out books and the occasional tapping of rain against the window, creating a captivating scene of a boy on the brink of unlocking the secrets of the digital realm.

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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