🤖 Humane’s $699 “Ai Pin” Launches

PLUS: The U.K.’s Antitrust Enforcer vs. Big Tech’s GenAI, Meta’s Custom AI Chip

Welcome back AI enthusiasts!

In today’s AI Report:

  • 🚀Humane’s $699 “Ai Pin” Launches

  • ⚔️The U.K.’s Antitrust Enforcer vs. Big Tech’s GenAI

  • 🍪Meta’s Custom AI Chip

  • 🛠5 Trending Tools

  • 💰Venture Capital Updates

  • 💼Who’s Hiring?

Read Time: 3 minutes

🗞RECENT NEWS

HUMANE

🚀Humane’s $699 “Ai Pin” Launches

Image Source: Amelia Holowaty Krales/The Verge

Humane officially launched the “Ai Pin,” a small wearable device that projects apps onto surfaces and relies on voice commands or user hand gestures to complete tasks.

Key Details:
  • The “Ai Pin” is a square device that magnetically clips to your clothes. It collects data through an onboard camera and several motion sensors to track and record user environments.

  • The device is powered by Qualcomm’s Snapdragon processor and leverages AI models for seamless voice-based commands.

  • Humane founder Imran Chaudhri explained: “Ai Pin embodies our vision to integrate AI into the fabric of daily life, enhancing our capabilities without overshadowing our humanity.”

  • The “Ai Pin,” a charger, and two battery boosters cost $699. Humane’s $24 monthly subscription plan includes a phone number and cell data through T-Mobile.

Why It’s Important:
  • The mini-projector features a camera, computer vision software, and a voice recognizer to scan objects, summarize emails, and translate languages.

  • The “Ai Pin” attempts to provide ambient computing at scale: the seamless integration of technology into our surrounding environments to automate tasks and enhance daily lives.

🩺 PULSE CHECK

Would you purchase Humane’s “Ai Pin?”

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BIG TECH

⚔️The U.K.’s Antitrust Enforcer vs. Big Tech’s GenAI

Image Source: Simon Walker/No. 10 Downing Street

The U.K.’s Competition and Markets Authority (CMA) published a paper outlining Big Tech’s monopolistic command over AI advancements.

Key Details:
  • CMA’s paper highlighted the recurring presence of Google, Amazon, Microsoft, Meta, and Apple (GAMMA) across the AI value chain: compute, data, AI model development, partnerships, and distribution platforms.

  • While CMA recognizes that partnership arrangements “can play a pro-competitive role in the technology ecosystem,” the concentration of select technology firms with market power in today’s most powerful digital markets could deter fair, open, and effective competition.

  • The U.K.’s antitrust enforcers claim GAMMA’s omnipresence highlights how firms can control “critical inputs” for developing general-purpose AI models.

Why It’s Important:
  • CMA is exploring how to enable businesses and consumers to achieve the highest quality of choice, price, and innovation while maintaining open and effective competition.

  • The U.K. believes it’s essential to ensure competition leads to better products and services, promotes fairness and access, and democratizes the control of “critical inputs” for developing AI models.

AI RESEARCH

🍪Meta’s Custom AI Chip

Meta unveiled the next generation of the Meta Training and Inference Accelerator (MTIA), designed to enhance the company’s AI workflows by streamlining computing performance.

MTIA performs 3X better than last year’s MTIA V1 across four critical AI model evaluations: accuracy, false positive rate, precision, and data quality.

MTIA has been deployed in the company’s data centers and within the AI models fueling Meta’s social media algorithms.

🛠TRENDING TOOLS

DryMerge automates your work with plain English.

🐣Queue is a thought leadership assistant that brings your content to life.

🦾Masterpiece X revolutionizes 3D modeling with an AI-driven and VR-ready library.

🧊Clearword is a real-world meeting assistant that creates summary notes and completes actions during live calls.

♻️Biliki plans your sustainable trip in seconds.

🔮Browse our always Up-To-Date AI Tools Database.

💰VENTURE CAPITAL UPDATES

  • NFX launches an ultra-fast $20M investment track to support Israeli AI startups.

  • Patlytics secures $4.5M to transform patent intelligence with AI.

  • Guestly raises $130M to $900M valuation to help property managers list homes.

💼WHO’S HIRING?

  • Dell Technologies (Remote): Product Design Intern, Summer 2024

  • Actian (Remote): Cloud Operations Engineer Intern, Summer 2024

  • Bloomberg (New York, NY): Software Engineer, New Grad

  • Anthropic (San Francisco, CA): Product Marketing Manager

  • OpenAI (San Francisco, CA): Software Engineer, Full Stack, Safety

🤖PROMPT OF THE DAY

SALES

💨The Fast Track to Big Wins

How can I leverage authentic scarcity and urgency tactics to close high-ticket offers for [Business] with [Potential Customer]?

Business = [Insert Here]

Potential Customer = [Insert Here]

📒FINAL NOTE

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