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In today’s AI summary rundown:

1. TikTok Enhances In-App Search with AI: TikTok is enhancing its in-app search by integrating AI-generated content alongside traditional search results. Last fall, the platform began including Google Search results within its interface, providing direct links back to Google. Additionally, TikTok has incorporated links to well-known resources such as Wikipedia and IMDb directly into its search functionality. These enhancements are part of TikTok’s ongoing efforts to enrich user experience and provide comprehensive search results directly within the app.

2. ChatGPT Channels Scarlett Johansson's 'Her': OpenAI's recent demonstration revealed new expressive capabilities of ChatGPT, designed to mimic the emotive voice of Scarlett Johansson in the film 'Her'. During a live session, engineers showcased the AI’s ability to switch between storytelling modes— from a warm, expressive tone to a robotic voice, and even singing to conclude narratives. This development highlights OpenAI's focus on making conversational AI more versatile and engaging in various interactive contexts.

3. OpenAI's GPT Store Now Free for All: OpenAI has recently opened its GPT Store to the public at no cost, as announced by CTO Mira Murati in their Spring update. This shift allows all users access to a variety of custom bots and features that were previously behind a subscription. The initiative aims to broaden the utility and accessibility of advanced AI tools, democratizing access to cutting-edge technology for users worldwide. Updates and details about these changes were also shared in a detailed blog post on OpenAI’s website.

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Insight: AI's Transformative Potential in Tech, Media, and Telecom

The rise of generative AI (gen AI) is revolutionizing the tech, media, and telecom (TMT) sectors, offering unprecedented opportunities and challenges. According to McKinsey, gen AI could potentially boost the global economy by $2.6 to $4.4 trillion annually and enhance overall AI impact by 15 to 40 percent. Specifically, in TMT industries, gen AI is projected to generate significant economic impact—ranging from $380 billion to $690 billion. This includes up to $100 billion in telecommunications, $130 billion in media and as much as $460 billion in high-tech sectors. It's predicted that in the near future, technologies not utilizing AI could become outdated or less effective.

While some industry leaders are aggressively integrating gen AI at scale, others are still exploring pilot programs or determining their approach. For companies to stay competitive, it's crucial for executives to grasp gen AI's potential and craft strategies that weave AI deeply into their business fabric. These strategies should aim for an AI-native transformation, which means embedding gen AI systematically into the company's core functions. McKinsey’s research and client collaborations have identified over 100 gen AI applications across various TMT domains.

For a company to successfully become AI-native, it must optimize its use of technology, data, and governance frameworks. Effective leadership models should combine human creativity with machine efficiency, emphasize adaptability, and foster ongoing learning. Moreover, investing in data quality and infrastructure—like enhancing vector databases and refining data processing stages—is key to developing strong AI applications. Leadership must not overlook any components of talent, data, technology, or governance, as each plays a vital role in the successful adoption of gen AI.

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 realistic AI avatar video!

1. Sign Up for Free: Visit HeyGen’s website and register for a free account.

2. Navigate to AI Studio: Once logged in, click on the ‘AI Studio’ option located on the left side of the Dashboard.

3. Create a Template: Choose a given template by selecting ‘Templates’ or create one from scratch by pressing ‘Create with AI Studio’.

4. Customize Your Video: In the AI Studio, you can add and edit various elements of your video.

5. Finalize and Submit: When your video is ready, press “Submit” and check out the final video!

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. Alpaca 🎨🖌️: Unleash your artistic flair with Alpaca, a groundbreaking Photoshop plugin that marries AI technology with your creative vision. Dive into a world where your sketches and detailed images are transformed, enhancing your ability to create, refine, and produce breathtaking artwork swiftly. Alpaca is your go-to tool for art that impresses you, making the process faster and more intuitive than ever before!

2. Haptik 💬🤖: Elevate your customer interactions with Haptik, the advanced Conversational CRM platform powered by Generative AI. This comprehensive tool enhances every stage of the customer journey, from boosting marketing efforts to accelerating sales and streamlining support. With Haptik, experience the evolution of customer relations through an AI-driven assistant that delivers smooth and efficient interactions.

3. ChefGPT 🍳📋: Meet ChefGPT, your AI culinary companion that transforms your kitchen into a hub of creativity and nutrition. Whether you're planning meals, seeking recipe inspiration, or targeting specific dietary goals, ChefGPT helps you utilize your pantry's offerings to create balanced and delicious meals. Discover new flavors and culinary techniques with an AI chef that guides your cooking adventures!

Trending AI Startups

1. Methid: 🧬 Methid is revolutionizing life-science research and diagnostic medicine by making them faster, cheaper, and more efficient! 🔬💡 At the frontier of biology and technology, Methid transforms how medical and biological research are conducted. Traditional methods are often slow, costly, and error-prone—challenges Methid tackles head-on. By optimizing these processes, Methid ensures even simple tests and treatments become more reliable and accessible, propelling research and healthcare into a new era of precision and affordability. 🌟🚀

2. Rose AI: 🌐 Meet Rose AI: a state-of-the-art cloud data platform using generative AI to redefine how data is found, visualized, and shared. 📊💻 By harnessing advanced natural language processing and leading-edge open-source LLMs, Rose AI equips finance professionals to analyze data as quickly as they think. 🤖💡 This platform streamlines data access, manipulation, and visualization, establishing a single, auditable source of truth that’s simple to navigate. Unlock the full potential of your data with Rose AI's innovative solutions! 🚀📈 

3. Zoniqx (Formerly Tassets): 🌍 Zoniqx, previously known as Tassets, operates three unique B2B2C platforms that are transforming the digital and real estate landscapes: 🏢🌐

   Syndication Platform: Empowers real estate syndications to raise capital efficiently. 📈💸

   Tokenization Platform: Utilizes blockchain technology and smart contracts to tokenize virtually any asset, making it easier for issuers and investors to transact securely. 🔗🔒

   MetaKonnect: Facilitates buying and selling within Metaverses, offering a new dimension of digital interaction. 🚀🌌

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: A cream and indigo print of a Surfer surrounded by white birds, in the minimalist 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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