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- 🏆 AI Pioneers Won Nobel Prize
🏆 AI Pioneers Won Nobel Prize
PLUS: Meta Introduces AI-Powered Video Ads
AI Insights
October 09, 2024
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Welcome, AI Enthusiasts!
Today’s AI Insights:
🏆 AI Pioneers awarded Nobel Prize in Physics
📹 Meta introduces AI-powered video ads
💡How to generate brand names with AI
🗞️ Latest AI and tech news
🛠 New AI tools
📝 AI Meme of the day
Read Time: 3 mintues
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AI NEWS
NOBEL PRIZE
Image Source: Getty Images
U.S. scientist John Hopfield and British-Canadian Geoffrey Hinton have won the 2024 Nobel Prize in Physics for their groundbreaking work in machine learning and AI. Their discoveries have helped shape the development of artificial intelligence (AI), which is now a major force in technology.
The Details:
John Hopfield’s Work: Hopfield, a professor at Princeton, created a model that can store and recall patterns in data, like images. His work laid the foundation for understanding how AI systems process information.
Geoffrey Hinton’s Role: Known as the “godfather of AI,” Hinton developed techniques that help AI learn from data. His methods are widely used today, but he has also warned about the risks of AI surpassing human intelligence.
Concerns About AI: Both scientists expressed excitement about AI’s potential but cautioned about its unpredictable consequences if it becomes too powerful.
Award and Recognition: The Nobel Prize committee honored their work for transforming science, engineering, and everyday life, awarding them 11 million Swedish crowns ($1.1 million).
Hopfield and Hinton’s contributions to AI have revolutionized the field, but they also remind us that as AI grows, society must carefully consider its potential risks and benefits. Their work will continue to shape the future of technology and science.
META
Meta is rolling out AI-powered video editing tools for advertisers, allowing them to animate images and expand video sizes, enhancing the creation of more dynamic ads on Instagram and Facebook.
The Details:
AI Animation Tool: Advertisers can upload a static image and use Meta’s tool to generate a video by adding movement, like making elements float in the background.
Video Expansion: The tool can also expand videos by generating new pixels to increase the video’s size, similar to how AI tools expand backgrounds in images.
Availability: These features are rolling out now and will be widely available early next year, further building on Meta’s existing AI capabilities for text and image generation in ads.
Competitor AI Tools: Other platforms, like Amazon and TikTok, are also developing AI-based tools to create and enhance ads.
Meta’s introduction of AI-powered tools for video ads provides advertisers with creative options, helping them make engaging, dynamic content on social media platforms like Facebook and Instagram.
AI & TECH NEWS
NEW AI TOOLS:
📚 Gizmo - AI-powered app for effective learning and memory retention.
💼 TarsyAI - Build AI assistants without coding for various business needs.
🗣️ Describy - AI voice tool for collecting user feedback effectively.
🎨 Crayon AI - AI toolbox for image generation, editing, and optimization.
✍️ Copyter - AI text generator for creating diverse, high-quality content.
AI TUTORIAL
AI TUTORIAL
Namelix is an AI-powered tool that helps you create unique and catchy brand names based on your preferences.
Steps to follow:
Go to the Namelix website to begin creating your brand name.
Input relevant keywords that describe your business or project to guide the AI.
Choose your preferences for name length, style, and uniqueness.
Click “Generate” to have Namelix produce a list of potential brand names based on your input.
Browse the suggested names, select your favorites, and save or copy them for future use.
AI & TECH NEWS
Uber will introduce an AI assistant in 2025 to help U.S. drivers with electric vehicle questions, such as charging tips or recommendations. Powered by OpenAI’s GPT-4o, it will be integrated into the Uber driver app and offer personalized answers. The chatbot will later support voice interaction and multiple languages.
TikTok rolls out automated ad targeting options
TikTok has introduced new ad automation tools, including “Smart+,” which automates ad creation, placement, and bidding for advertisers. This feature is designed to simplify the process for brands, helping them reach their target audiences more effectively, especially during the holiday season. These updates aim to boost advertiser interest by streamlining campaign management and maximizing potential reach
OpenAI to open New offices
OpenAI is expanding globally by opening new offices in cities like New York, Seattle, Paris, Brussels, and Singapore, alongside its existing locations. This follows a $6.6 billion funding round and leadership changes. Oliver Jay will oversee international operations from Singapore, where a new office will serve the Asia-Pacific region.
Google brings ads to AI Overviews
Google is introducing ads within its AI Overviews, starting in the U.S., to monetize its AI-generated insights. This move may affect user experience and reduce publisher traffic by around 25%, raising concerns about its impact on the digital content ecosystem. Google is facing increased competition from platforms like ChatGPT and Perplexity.
AI MEME OF THE DAY
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