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- 🤖 Microsoft Plans on Adding AI to Windows Apps
🤖 Microsoft Plans on Adding AI to Windows Apps
PLUS: Nvidia Earnings Scare AMD
James Roesser
August 25, 2023
Welcome back AI enthusiasts!
In today’s AI Report:
💻Microsoft Plans on Adding AI to Windows Apps
👻Nvidia Earnings Scare AMD
🛠5 Trending Tools
💰Venture Capital Updates
💼Who’s Hiring?
Read Time: 3 minutes
🗞RECENT NEWS
MICROSOFT
💻Microsoft Plans on Adding AI to Windows Apps
Microsoft is experimenting with implementing AI models into apps like Photos, Snipping Tool, and Paint on Windows 11.
Key Details:
For the Photos app, AI functionality would enable users to remove stray shadows, trim unwanted elements, or add objects to enhance themes.
The Snipping Tool would incorporate Optical Character Recognition (OCR), allowing Windows to identify text in screenshots for quicker clipboard copying.
Why It’s Important:
Microsoft is enhancing existing apps with AI models to provide more product offerings for current users.
Instead of developing new platforms to target early adopters, Microsoft’s embedding AI into high-usage applications to speed up mass adoption.
NVIDIA
👻Nvidia Earnings Scare AMD
During an earnings report on Wednesday, Nvidia announced their quarterly sales are likely to rise 170%, displaying the company’s dominance in the AI chip market.
Key Details:
Developers at major companies can’t get enough of Nvidia’s processors. Demand is surging for Large Language Model (LLM) projects.
Revenue in the current quarter is projected to jump 170%, or roughly $16B.
Nvidia’s shares rose more than 2% on Thursday.
AMD and Intel, Nvidia’s main rivals in the GPU market, fell 7% and 4% following Nvidia’s fiscal second-quarter earnings report.
Alphabet, Amazon, Meta, and Microsoft are buying Nvidia’s next-generation processors, altering the company’s adjusted gross margin from 25.3% to 71.2% in the same period.
Why It’s Important:
Nvidia’s continued success signals a shift in the market for data center chips.
The most important aspect of a data center buildout is no longer Central Processors (CPUs) built by AMD or Intel.
Instead, it’s Nvidia’s AI-accelerating GPUs that companies are purchasing.
🛠TRENDING TOOLS
👓Syllaby identifies audience queries, trends, and topics for content optimization.
🎥VEED creates videos using AI text-to-speech, video templates, and stock media.
✏️ContentShake is an SEO-focused, reliable content writing assistant that generates ideas using competitive market data.
🏆RanklQ is an SEO tool that can optimize old posts for significant traffic gains, construct blog post outlines, and create high-ranking content.
🪐Merlin is a versatile ChatGPT extension that offers AI assistance for tasks like summarizing lengthy videos or crafting effective emails.
💰VENTURE CAPITAL UPDATES
Sizzle AI raised $7.5M in seed funding to help students with STEM homework.
Modular secures $100M to build tools to optimize and create AI models.
Hugging Face raises $235M from investors, including Salesforce and Nvidia.
Ikigai lands a $25M investment to bring generative AI to tabular data.
💼WHO’S HIRING?
🤖PROMPT OF THE DAY
PRODUCT LAUNCH
🪄Product Reveal
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Product Details = [Insert Here]📒FINAL NOTE
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