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  • 🤖 Lenovo and Nvidia Partner to Help Enterprises Quickly Adopt GenAI

🤖 Lenovo and Nvidia Partner to Help Enterprises Quickly Adopt GenAI

PLUS: Amazon’s Generative AI Tools Enhance Product Images

Welcome back AI enthusiasts!

In today’s AI Report:

  • 🤝Lenovo and Nvidia Partner to Help Enterprises Quickly Adopt GenAI

  • 📦Amazon’s Generative AI Tools Enhance Product Images

  • 🛠5 Trending Tools

  • 💰Venture Capital Updates

  • 💼Who’s Hiring?

Read Time: 3 minutes

🗞RECENT NEWS

LENOVO AND NVIDIA

🤝Lenovo and Nvidia Partner to Help Enterprises Quickly Adopt GenAI

Lenovo and Nvidia recently announced an expanded partnership to provide hybrid solutions for companies to build and deploy AI models quickly.

Key Details:
  • Enterprises seek solutions that provide flexibility to develop and deploy workloads across their workstations, data centers, and clouds.

  • Lenovo and Nvidia will deliver fully integrated systems that bring AI-powered computing to data creation funnels, helping businesses quickly deploy tailored generative AI applications to drive innovation and transformation across industries.

  • Supported by Lenovo’s AI Professional Services Practice, the solutions enable enterprises to use a hybrid cloud approach. The AI models function using the NVIDIA AI Foundations cloud service and running those services on-premise with Lenovo systems powered by Nvidia’s latest generative AI software.

Why It’s Important:
  • This partnership enables businesses to implement AI securely. Lenovo’s Nvidia-powered systems are optimized to run Nvidia AI Enterprise software for secure, supported, and stable production.

  • Lenovo’s professional services enable companies to deploy AI quickly and begin their AI-driven transformation confidently. Using the latest Retrieval-Augmented Generation (RAG) technique and fine-tuning methods, firms can tailor Large Language Models (LMMs) with their unique business data.

AMAZON

📦Amazon’s Generative AI Tools Enhance Product Images

Amazon announced an AI Image Generation tool for advertisers to generate backgrounds based on product descriptions and themes.

Key Details:
  • To leverage this tool, advertisers upload a product photo, input a text prompt of a background description, select a theme, and then click “Generate.” Advertisers can refine text prompts and develop multiple outputs to optimize selling performance.

  • Colleen Aubrey, Senior Vice President of Amazon Ads Products and Technology, stated: “Producing engaging and differentiated creatives can increase cost and requires introducing additional expertise into the advertising process.”

  • The e-commerce giant is prioritizing reducing friction for advertisers, providing tools to minimize effort, and delivering a better advertising experience for customers.

Why It’s Important:
  • Several brands are beginning to integrate generative AI to simplify creating advertisements, which can be costly and time-consuming. Even large companies like Nestle and Unilever have admitted to using software like OpenAI’s ChatGPT and DALL-E 3 AI models.

  • Amazon believes these new features will aid brands in improving advertisement performance. Instead of a standard white background, advertisers can place products in a lifestyle context to tell a creative story and increase click-through rates by 40%.

🛠TRENDING TOOLS

🍳Leftovers provides personalized and endless recipe ideas in seconds.

⚙️Zaplify eliminates manual and repetitive sales processes through automated prospecting and multi-channel outreach.

📝HoppyCoppy drafts hundreds of unique email marketing campaigns and newsletter outlines in seconds.

🐣Postwise is a personalized AI ghostwriter trained in engaging and viral content. Craft viral Tweets in seconds.

🥪Munch extracts the most engaging clips from your long-form videos.

💰VENTURE CAPITAL UPDATES

  • CentML lands $27M from Nvidia to make AI models run more efficiently.

  • Coach’s knitwear supplier bets $1M on Jellibean fashion predictions.

  • The House Fund aims to invest $115M in Berkley-affiliated startups.

💼WHO’S HIRING?

  • Shield AI (San Diego, CA): Marketing Design Intern, Summer 2024

  • Anthropic (San Francisco, CA): Communication Design

  • Shield AI (San Diego, CA): Business Development Intern, Summer 2024

🤖PROMPT OF THE DAY

RESEARCH COMPETITORS

📈Market Research Consultant

Act like a market research consultant. Provide me with a detailed analysis of my top five competitors in [Specific Industry].

Specific Industry = [Insert Details]

📒FINAL NOTE

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