Welcome, AI Enthusiasts!

Today’s AI Insights:

• 😱 Apple pulls out of OpenAI funding round

• 💻 Microsoft adds AI-driven summaries to Bing

• 🌐 Mark Zuckerberg unveils Orion

• 🎥 Edit and create videos with AI

• 🗞️ Latest AI and tech news

• 🛠 New AI tools

• 📝 AI Meme of the day

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AI NEWS

APPLE & OPENAI

😱 Apple pulls out of OpenAI funding round

Apple has reportedly stepped back from discussions to invest in OpenAI during the company’s latest funding round, according to a source cited by The Wall Street Journal.

The Details:

• Funding Round Details: OpenAI’s ongoing funding round, expected to conclude in early October, could value the company at up to $150 billion. The AI startup is aiming to raise up to $6.5 billion from investors.

• Apple’s Exit: While Apple has withdrawn from these talks, tech giants like Microsoft and Nvidia are still negotiating their potential investments in OpenAI. Microsoft is expected to invest around $1 billion after previously committing $13 billion to OpenAI.

• Unconfirmed Changes: The investors and amounts involved in this funding round may still shift as discussions continue.

Apple’s decision to step away from investing in OpenAI leaves room for other tech giants like Microsoft and Nvidia to increase their stakes. With the funding round still in progress, the final outcome could have a significant impact on OpenAI’s future and its valuation.

MICROSOFT

💻 Microsoft adds AI-driven summaries to Bing

Microsoft has officially launched Bing Generative Search, its AI-driven search feature, as an answer to Google’s AI-powered search tools. The feature is now being rolled out to all U.S. users after an initial pilot in July.

The Details:

• How It Works: Bing Generative Search uses AI models to create summaries from multiple sources across the web. For example, searching “What’s a spaghetti western?” will yield a brief history and examples, with links to sources.

• User Flexibility: Users can opt for traditional search results if they prefer, similar to Google’s AI Overviews feature.

• Concerns Over Accuracy: AI-generated search results have had issues in the past, with both Google and other tools showing inaccurate or misleading information.

• Impact on Publishers: Microsoft is monitoring how this feature impacts website traffic, as AI summaries may reduce clicks to original sources.

Bing Generative Search marks a significant shift in Microsoft’s approach to search, but like Google, it faces challenges in ensuring accuracy and supporting content creators. Its success will depend on user adoption and the quality of its AI-generated responses.

AI & TECH NEWS

NEW AI TOOLS:

🎤 Notta - AI-powered transcription and translation service.

📹 Faceless - Convert text to video and grow your TikTok following with Faceless.

🗓️ Dola AI - AI calendar assistant for efficient scheduling

💬 YesChat - Advanced chatbots powered by Claude 2 for free conversations.

🧮 Abacus AI - AI platform for building AI agents and systems.

🕵️‍♂️ Humbot AI - Bypass AI detection with Humbot's AI humanizer.

AI TUTORIAL

AI TUTORIAL

🎥 Edit and create videos with AI

VEED.IO is an online video editing platform that allows you to easily edit, enhance, and create videos with a user-friendly interface and AI-powered tools.

Steps to follow:

1. Visit the VEED.IO website, sign up for an account, and log in to access the video editor.

2. Click “Upload” and select the video file you want to edit or start creating a new one from scratch.

3. Use the editing tools to trim, add subtitles, insert music, transitions, or text overlays. VEED.IO’s AI features can automatically add captions and enhance audio.

4. Apply filters, effects, and animations to improve the video’s visual appeal.

5. Once your video is ready, click “Export” to save it in your desired format, and share it directly on social media platforms or download it.

AI & TECH NEWS

Mark Zuckerberg unveils Orion

Meta has unveiled updates to its VR headset and Ray-Ban smart glasses, highlighting its push into AI and advanced computing. CEO Mark Zuckerberg introduced a prototype called Orion, described as the world’s most advanced augmented reality glasses, featuring a neural interface to convert brain signals into commands.

Qodo raises $40M for quality-first code generation

Qodo, formerly CodiumAI, has secured $40 million in Series A funding led by Susa Ventures and Square Peg. The platform focuses on quality-first AI code generation, integrating across the software development lifecycle to minimize bugs and issues. Its tools support IDEs like Visual Studio Code and JetBrains, as well as GitHub, GitLab, and BitBucket. 

Amazon lets Audible narrators clone themselves with AI

Amazon is testing AI-generated voice clones for Audible narrators to speed up audiobook production. Narrators will submit voice recordings to create AI replicas, which they can control for future projects. They will earn royalties on a title-by-title basis, but concerns exist about how this could affect job opportunities for human performers.

AI MEME OF THE DAY

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