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- Google Delays Gemini AI Launch Until January 2024
Google Delays Gemini AI Launch Until January 2024
Plus EY’s AI Audit Success
Welcome back for the Latest AI Drops!
Today’s Drops:
Google Delays Gemini AI Launch
OpenAI’s $51M investment in AI Chips
AI in Auditing
Hottest AI Startup “Wombo”
Trending on X “Leonardo AI”
The Hunger Games AI Characters: Books vs Movies
How Generative AI Is Redefining Business Strategies
Trending GitHub Projects
Latest AI Tools
Read Time: 4.5 minutes
Google Delays Gemini AI Launch Until January 2024
Google's big AI push led to combining two AI teams, Brain and DeepMind, into one team to work on the new Gemini AI model to compete with OpenAI's GPT-4. Today, Google has announced a delay in launching its highly anticipated LLM, Gemini AI.
The launch, scheduled for next week with a series of events across California, New York, and Washington, has now been pushed to January 2024. CEO Sundar Pichai decided to delay the launch after Google "found the AI didn't reliably handle some non-English queries." Gemini AI stands out for its comprehensive support for global languages, especially in handling non-English queries. Google is committed to refining this aspect, which could potentially give Gemini an edge over GPT-4.
The model's multimodal capabilities, highlighted at Google I/O, mark a significant advancement, extending beyond text and image understanding to include efficient tools and API integrations beneficial for third-party developers. Google envisions multiple versions of Gemini, including the mobile-friendly "Gecko."
The looming question remains: when will Google officially launch Gemini and integrate into Google's array of services, including Bard, Search, and Workspace?
OpenAI to Buy $51M in AI Chips from CEO Sam Altman's-Backed Startup “Rain”
OpenAI has signed a letter of intent to purchase $51 million worth of AI chips from Rain, a startup backed by OpenAI's CEO Sam Altman, who also made a personal investment in the company. Rain, situated near OpenAI's San Francisco headquarters, is working on developing a neuromorphic processing unit (NPU) that mimics human brain functions. This agreement, dating back to 2019, underscores OpenAI's efforts to secure advanced chip technology for its AI projects amidst a global shortage and high costs of AI chips. The deal also highlights the potential conflict of interest concerns due to Altman's investment in Rain. Rain, which has undergone leadership changes and faced U.S. government intervention regarding foreign investment, aims to deliver its first hardware by next year. The company's NPUs are expected to offer significant improvements in computing power and energy efficiency compared to current GPUs, predominantly sourced from Nvidia.
EY’s AI Audit Success
EY, a prominent member of the Big Four accounting firms, recently tested an AI system for detecting fraud in audits. The trial showed promising results, with the AI system successfully identifying fraudulent activities in two out of ten companies during initial tests.While promising, AI's use in auditing has sparked industry debate. Concerns include AI's ability to identify complex frauds, data privacy, and input data quality. Firms like Deloitte and KPMG are skeptical, viewing AI as better for routine tasks than complex fraud detection. The regulatory perspective is also a critical factor in determining the future role of AI in auditing, emphasizing the need for auditors to have a deep understanding of AI tools and to ensure their use complies with industry standards.
Hottest AI Startup!
Wombo
Wombo, the creator of "Dream by Wombo," has launched a new AI-powered app, "Wombo Me," that transforms a single selfie into various lifelike avatars. This app is efficient, requiring only one selfie and generating images almost instantly. It's designed for fun, allowing users to explore different personas, hairstyles, and even enchanted characters. "Wombo Me" offers a Tinder-like swiping feature to select preferred avatars and includes free and paid avatar packs. The company plans to develop the app further, integrating voice and video for more personalized content creation. It's available globally on iOS and Android.
Trending on X
Leonardo AI
Leonardo.ai is a platform for creating high-quality visual assets using AI. It offers tools for image generation, AI canvas editing, and 3D texture generation. The platform supports a wide range of applications, including character design, game assets, and more, with models for different styles and creative needs.
Leonardo AI recently launched Live Canvas feature, that can now turn simple drawings into reality.
Leonado released it with two tiers for now:
Paid get "Realtime" mode where it updates as you paint and as you move objects.
Free get "Interactive" mode, where it updates at the end of a brush stroke or once you let go of an object.
Leonardo.ai will revolutionize industries by enhancing creative possibilities, speeding up design processes, and making advanced art and design tools accessible to a broader range of users, fostering innovation across various fields.
How Generative AI Is Redefining Business Strategies
Twenty Forbes Technology Council members highlight the transformative role of generative AI in business, emphasizing its capacity to enhance a company's bottom line through various innovative strategies. Central to its application is the automation of software tests to boost efficiency, creating cost-effective entertainment content, and personalizing customer outreach for improved engagement.
In the realm of creativity and customization, businesses harness AI to produce unique digital art, create tailored content, and generate revenue through groundbreaking use cases such as virtual assistants.
Furthermore, generative AI facilitates informed decision-making and predictions, analyzes client feedback for personalized service offerings, and spearheads eco-friendly innovations. The technology's versatility extends to managing metadata, writing and validating code, generating synthetic data, and providing AI-driven design services, all while adeptly summarizing complex data insights.
In addition, it plays a crucial role in bolstering cybersecurity measures, streamlining internal employee support processes, enhancing quality assurance in manufacturing, analyzing customer behaviour in retail environments, developing dynamic pricing models, and tailoring learning and upskilling programs.
These diverse applications of generative AI highlight its significant potential in augmenting efficiency, fostering innovation, and driving profitability across various industries.
The Hunger Games AI Characters: Books vs Movies
This year, the Hunger Games series is experiencing a thrilling resurgence, captivating audiences. One of the most remarkable aspects of this beloved series is how the movie actors perfectly match the book characters, bringing them to life just as we imagined.
Diving deeper into this fascinating alignment, AI was used to create images of the characters based on their descriptions in the books to compare these AI-generated images to the actors who portrayed them in the films.
Welcome to the innovative world of GitHub projects!
The Cheshire Cat is a framework to build custom AIs on top of any language model. If you have ever used systems like WordPress or Django to build web apps, imagine the Cat as a similar tool, but specific for AI.
SEINE is a repository for the Spatially-Adaptive Inference Network (SPADE) model, a deep learning framework for image-to-image translation and image synthesis tasks.
Materials Discovery is a repository by Google DeepMind focused on machine learning and AI research for discovering new materials with unique properties and applications.
GPT-Fast is a PyTorch-based language model designed for efficient and fast text generation.
GPT Engineer is made to be easy to adapt, extend, and make your agent learn how you want your code to look. It generates an entire codebase based on a prompt.
Latest AI Tools
FastCut is an AI tool that helps you generate engaging captions for reels/shorts/tiktoks in just 1 click. It transcribes the video automatically and adds relevant emojis and captions in the style of top creators
Dubbing AI let’s you change your voice to anyone in realtime with AI
iMean Shopping is an AI-powered shopping copilot with full capability of web operation. It automates your shopping process: find discounts and deals, compare product prices across platforms, and extract key product data for refined planning and analysis
Human or AI? A social game: identify image is real human or AI generated
Plus AI automate your weekly Google Analytics report