Welcome, AI enthusiasts!

Today’s AI insights:

• 💥 Google’s tiny AI ‘Gemma 2 2B‘ beats the Giants

• 💻 Microsoft declares OpenAI a rival in AI and search

• 💰 Amazon gears up for Big Tech's AI spending spree

• 🤖 Turn your PDF into an AI chatbot with Chatpdf

• 🛠 New AI tools

• 🗞️ Latest AI and tech news

• 📝 AI Meme of the day

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AI NEWS

GOOGLE

💥 Google’s tiny AI ‘Gemma 2 2B‘ beats the giants

Google has launched Gemma 2 2B, a new AI model that’s smaller in size but packs a powerful punch, outperforming larger models like GPT-3.5 and Mixtral 8x7B on major benchmarks.

The Details:

• Gemma 2 2B, with just 2.6 billion parameters, demonstrates exceptional performance, even outdoing the 27 billion parameter Gemma 2 model on the LMSYS leaderboard.

• This model was trained on a vast 2 trillion token dataset, contributing to its high accuracy and capability.

• Google has also launched ShieldGemma and Gemma Scope, focusing on content safety and model transparency.

• Using NVIDIA technology, Gemma 2 2B is designed for effective deployment across a range of platforms, including personal devices like phones and laptops.

Google’s Gemma 2 2B represents a significant step forward in making AI more accessible and functional on everyday devices. Its ability to deliver high performance in a smaller package suggests a shift towards more practical and sustainable AI applications, ensuring users benefit from faster, safer, and more reliable technology.

MICROSOFT & OPENAI

💻 Microsoft declares OpenAI a rival in AI and search

Microsoft has recently recognized OpenAI as a competitor, a notable change highlighted in its latest annual report. This development follows OpenAI’s announcement of a new search engine prototype, signaling a shift in the dynamics between the two tech entities.

The Details:

• In its annual report, Microsoft now lists OpenAI as a competitor in AI services and search and news advertising, joining other tech giants like Amazon, Apple, Google, and Meta on this list.

• Microsoft remains the largest investor in OpenAI, with an investment totaling approximately $13 billion.

• Despite the competition, an OpenAI spokesperson said their relationship remains strong and that competition was always part of the plan.

• The relationship between Microsoft and OpenAI is expected to continue changing as both companies expand into overlapping areas.

Microsoft recognizing OpenAI as a competitor reflects the dynamic nature of the tech industry, particularly in AI development. This shift could influence future technology innovations and the strategic decisions of both companies.

AI TUTORIAL

AI TUTORIAL

🤖 Turn your PDF into an AI chatbot with Chatpdf

ChatPDF is an AI-powered tool that allows you to interact with PDF documents by asking questions and extracting information.

Steps to follow:

1. Go to the ChatPDF website.

2. Click “Drop PDF here” to upload your file or input the PDF’s URL.

3. Wait for the AI to process the document, which might take a few moments depending on the file size.

4. Use the chat interface to ask questions about the document or use suggested queries.

5. The AI will provide responses based on the content of your PDF, helping you quickly gather needed information.

NEW AI TOOLS

NEW AI TOOLS:

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

🎨 Arvin- AI assistant for art, summaries, and content

🗣️ Audimee- Voice-to-voice tool for transforming vocals

🔍 HotBot- AI-powered search engine for smart answers.

🤳 SwapMyFace- AI face swap tool for any image

🗨️ ChatTTS- Voice generation model for conversational scenarios

AI & TECH NEWS

Midjourney drops surprise v6.1 update

Midjourney has launched version 6.1 of its AI image generation platform, significantly enhancing the realism of human skin and text legibility. The update improves depictions of arms, legs, hands, and bodies, and upgrades texture mapping. It also offers a 25% speed increase and better image quality with a new upscaling mode

Runway unveils Gen-3 Alpha Turbo: faster, cheaper AI video model

Runway has launched the Gen-3 Alpha Turbo, a faster AI video model that generates videos seven times quicker than before, producing a 10-second video in 11 seconds. This aims to offer high-quality AI video at a lower cost, potentially boosting usage and revenue despite ongoing lawsuits and data scraping criticism.

The EU’s AI Act is now in force

The EU’s new AI regulations are now in effect, banning high-risk uses like public facial recognition and imposing fines up to 7% of global annual turnover for violations. Developers must comply with these rules to ensure transparency and accountability in AI development.

Amazon gears up for Big Tech's AI spending spree

Amazon is reporting a 43% increase in capital expenditures to $16.41 billion, focusing on enhancing its cloud-based AI infrastructure. This aggressive spending might pressure profit margins, with AWS growth possibly falling below 18%. Since early July, Amazon’s stock has dropped 6% amid competition from Microsoft and Google.

AI MEME OF THE DAY

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