Welcome back AI enthusiasts!
In today’s AI Report:
📱Humane’s $699 AI-Powered Projector Replaces Your Phone
📦Amazon’s Olympus AI Model Progress
🛠5 Trending Tools
💰Venture Capital Updates
💼Who’s Hiring?
Read Time: 3 minutes
🗞RECENT NEWS
HUMANE
📱Humane’s $699 AI-Powered Projector Replaces Your Phone
After months of hype and teases, Humane revealed its first device, the “Ai Pin,” a small wearable device that projects apps onto surfaces and utilizes user hand gestures to signal commands.
Key Details:
The “Ai Pin” is a square device that magnetically clips to your clothes, collecting data through an on-board 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 is the embodiment of 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. This device scans objects, summarizes emails, and translates languages.
The “Ai Pin” attempts to provide “ambient computing” at scale—the seamless integration of technology into our surroundings to automate tasks and enhance our daily lives.
AMAZON
📦Amazon’s Olympus AI Model Progress
Amazon is investing millions in training a massive Large Language Model (LLM) called Olympus to rival OpenAI’s ChatGPT.
Key Details:
Amazon’s Olympus model contains 2 trillion parameters, while OpenAI’s GPT-4 possesses one trillion, making Olympus the largest AI model ever trained.
The project is led by former Head of Alexa Rohit Prasad, now Amazon’s Head Scientist for Artificial General Intelligence (AGI): AI models capable of performing human cognitive abilities when faced with unfamiliar tasks.
Amazon believes homegrown, state-of-the-art models could provide a competitive edge for its AWS cloud-computing offerings.
Why It’s Important:
Amazon’s previous LLM labeled Titan was delayed following ChatGPT’s impressive launch, which Amazon executives believed was “far superior” to their model.
These large models enable AI tools to learn from massive datasets and generate human-like responses. Training these models is expensive and requires greater computing power. So, Amazon is reducing investments in the fulfillment and transportation sector of the retail business.
🛠TRENDING TOOLS
📝GPTZero is a plagiarism detector for AI-generated text.
💬Leena is an AI-powered task assistant revolutionizing how employees work.
🐢Giskard is an open-source Machine Learning (ML) model testing framework.
🧩Company Craft generates tailored business ideas with AI-boosted business plans to launch your entrepreneurial dreams.
💻Mixo launches a website, business, or startup in seconds.
💰VENTURE CAPITAL UPDATES
Eleos Health secures $40M Series B round to expand CareOps Automation footprint.
AI infrastructure startup Ritual raises $25M to fill gaps in crypto.
DeepInfa emerges from stealth with $8M to make running AI inferences more affordable.
💼WHO’S HIRING?
Anyscale (San Francisco, CA): Software Engineer Intern, Summer 2024
Shield AI (San Diego, CA): Finance Intern, Summer 2024
Hugging Face (Remote): Cloud Machine Learning Engineer
🤖PROMPT OF THE DAY
MARKET ANALYSIS
📊Conduct Market Analysis for a Niche
Act as a senior market analyst in [Industry/Niche]. Your task is to analyze the market potential and opportunity for [Business Idea]. Your analysis should include critical trends driving this opportunity, the market size, growth potential, target customer segments, and competitive landscape. Please provide any relevant data to support your analysis.
Industry/Niche = [Insert Here]
Business Idea = [Insert Here]📒FINAL NOTE
If you found this useful, follow us on Twitter or provide honest feedback below. It helps us improve our content.
How was today’s newsletter?
❤️AI Pulse Review of The Day
“Great content with accessible links.”
🎁NOTION TEMPLATES
🚨Subscribe to our newsletter for free and receive these powerful Notion templates:
⚙️150 ChatGPT prompts for Copywriting
⚙️325 ChatGPT prompts for Email Marketing
📆Simple Project Management Board
⏱Time Tracker
