Snapchat ‘Dreams’ AI...

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Hello there! 👋 Singapore leads the world in adopting artificial intelligence skills, with the highest "diffusion rate" as the share of individuals adding AI skills to their profiles grew 20 times since January 2016, outpacing the global average, driven by the country's digital infrastructure and supportive ecosystem, according to LinkedIn's Future of Work report. 🔗Read more

⏰ Top 5 Headlines

• 🔗Link: India to expand digital payments with AI-powered voice transactions.

• 🔗Link: Bing is failing to gain share in the search market, despite releasing much-hyped AI features.

• 🔗Link: 40% of workers will have to reskill in the next three years due to AI, says IBM study.

• 🔗Link: Björn from ABBA and Johnny Cash's daughter to advise Google on AI in music.

• 🔗Link: Sunak to spend £100m of taxpayer cash on AI chips in global race for computer power.

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🚀 AI Startup Spotlight

• 🔗Link: Magic, developing an AI-driven code-generating platform similar to GitHub’s Copilot, aiming to revolutionize software development by enabling AI-driven collaboration with developers on code changes and reducing development time and costs.

• 🔗Link: Meet the OpenAI-backed startup Milo, an AI-powered personal assistant for parents.

• 🔗Link: Startup lands $15 million in funding to help consumers monetize their data.

🎯 Trending Tools & Websites

• 🔗Uizard: AI tool for easy web/mobile design with text-based creation, real-time collaboration. Great for individuals/teams in any industry.

• 🔗Syllaby: AI streamlines business social media planning with content gen, research, calendar—saves time, money vs. agencies.

• 🔗Vidyo.ai: Helps you make short videos from long ones instantly. For podcasters, youtubers & marketers.

Snapchat is expanding further into generative AI with ‘Dreams’

Snapchat is diving deeper into the realm of generative AI with its upcoming feature named "Dreams." Building upon its AI-powered chatbot My AI, which can now respond with images alongside text, Snapchat is set to explore creative possibilities. This new feature, as uncovered by app researcher Steve Moser, enables users to upload or take selfies, which the app then transforms into imaginative scenarios. These AI-generated "Dreams" could range from fantastical landscapes to unique scenarios, adding a touch of magic to users' snapshots. Additionally, the company is working on "Dreams with Friends," allowing users to collaboratively generate these AI-enhanced images, potentially paving the way for monetization in the future. 🔗Read more

YouTube launches AI Music Incubator in collaboration with Universal Music Group

YouTube has unveiled its AI music principles and launched the YouTube Music AI Incubator in collaboration with Universal Music Group, marking a prominent shift toward artificial intelligence in the creative landscape. These principles, developed with UMG's chairman-CEO Sir Lucian Grainge, emphasize responsible AI integration, the balance between copyright holders and creators on the platform, and the reinforcement of safeguards for AI-generated content to combat issues like copyright abuse and misinformation. The Incubator initiative brings together a diverse group of artists, including Anitta, Björn Ulvaeus, and others, aiming to inform YouTube's use of generative AI in music while ensuring ethical and respectful application. This move signifies a significant step forward in harnessing AI's potential while maintaining the irreplaceable essence of human creativity. 🔗Read more

Microsoft's AI-published travel articles spark controversy

Microsoft faced embarrassment as it removed a series of offensive travel articles, attributed to "Microsoft Travel," igniting concerns about AI's role in journalism. While Microsoft attributed the blunder to "human error" rather than "unsupervised AI," the incident has ignited debate over the oversight of AI-generated content. The deleted articles, including one advising tourists to visit the Ottawa Food Bank with an empty stomach, prompted the company's explanation that a combination of algorithmic techniques and human review generated the content. This incident raises doubts about the capability of AI to replace human editorial input, leaving observers skeptical about AI's future in news creation. 🔗Read more

Nvidia's dominance in A.I. chips: From graphics to software

Nvidia, once an industry upstart, has solidified its reign as the leader in artificial intelligence development, emerging as a comprehensive provider of A.I. solutions. From cutting-edge chips to tailored software and computing services, Nvidia has successfully cultivated a sprawling community of A.I. programmers that consistently innovate with its technology. Over the past decade, Nvidia has invested over $30 billion to establish an almost unassailable position in producing chips capable of complex A.I. tasks like image recognition and text generation. Despite competition from giants like Google and Amazon, Nvidia commands over 70% of A.I. chip sales and is poised to sustain its dominance in a rapidly growing market. 🔗Read more

🤳 Extra reads

• 🔗Link: White House science adviser says new safeguards against A.I. risks will be coming ‘fast’

• 🔗Link: AI-generated art can't be copyrighted, federal judge rules, with potential consequences for Hollywood studios.

• 🔗Link: Bosses scramble not to miss the AI party.

• 🔗Link: What happens when you let a chatbot plan your meals.

• 🔗Link: How my AI friend 'Pearl' helps me manage my diabetes.

• 🔗Link: How any SaaS company can monetize generative AI.