🥽Is Generative AI the New Metaverse?

The metaverse, once a promising concept, has failed to live up to its hype due to lofty expectations and high costs. Major companies like Meta, Tinder, and Walt Disney suffered financial losses, leading to the abandonment of metaverse projects and the elimination of entire divisions. On the other hand, generative AI is gaining traction due to its easy-to-understand use cases, efficiency, significant economic potential, and minimal equipment requirements. However, the potential of generative AI may be hindered by evolving regulations and its significant environmental impact. (Read the article)

📈Meta Platforms and Qualcomm: AI investment opportunities for 2023

Meta Platforms, formerly known as Facebook, is already using AI to improve its products and services, such as personalizing user feeds, targeting ads more effectively, and developing new features such as facial recognition and augmented reality. The company is also investing heavily in VR/MR hardware, which is expected to be a major growth driver for AI in the coming years.

Qualcomm, a leading semiconductor company, is focusing on on-device generative AI, which allows AI models to run directly on devices without the need for an internet connection. This opens up new possibilities for AI applications such as facial recognition, natural language processing, and machine learning. Qualcomm has also secured a favorable deal with Apple to supply chips for the iPhone 13 and future iPhone models.

Investors looking to capitalize on the dominance of AI in the current investment landscape might find both Meta Platforms and Qualcomm to be lucrative options. (Read the article)

💱OpenAI Seeks More Funding for Artificial General Intelligence

OpenAI is looking to secure more funding, particularly from Microsoft, to fuel the development of artificial general intelligence (AGI). The company's CEO, Sam Altman, aims to raise substantial funding to further the creation of sophisticated AI models, with an emphasis on partnership with Microsoft and other investors. Meanwhile, Interplay, a ​New York-based venture capital firm, has successfully raised $45 million in capital commitments for its third fund.

This fund will be allocated to investments in software companies, with a primary focus on B2B marketplaces and vertical software. The firm's consistent team of general partners and its commitment to offering value to portfolio companies are key factors that set Interplay apart. (Read the article)

🏛️3 Ways The White House’s Executive Order On Artificial Intelligence Could Support Innovation

President Biden recently issued an Executive Order to set new standards for artificial intelligence (AI) safety and security, aiming to promote a competitive AI ecosystem, address algorithmic discrimination, and enhance cybersecurity. The order seeks to ensure that AI is used for the benefit of all, including small businesses and their workers. Small businesses can leverage AI to improve operations, such as customer service automation and personalized marketing campaigns, offered by software applications like ​Notion and ​Planful.

The Executive Order also focuses on promoting competition in the ​American economy, combating algorithmic discrimination by providing guidance on using AI algorithms responsibly, and creating a cybersecurity program to enhance secure software and networks. The White House emphasizes the need for further cooperation from various sectors to shape the economic future with AI and promises more actions to develop safe and trustworthy AI, supporting the private sector across America. President Biden's Executive Order underscores the potential for AI to contribute positively to various aspects of business and society. (Read the article)

🤖Consumer AI Device Race Kicks Off With Humane's Ai Pin

Humane, a startup founded by former Apple executives, has unveiled the Ai Pin, a wearable AI device that is poised to revolutionize the way we interact with the world around us. Priced at $699, the Ai Pin is capable of functioning independently of smartphones and offers a variety of innovative features, including AI messaging, language interpretation, and food identification.

While some skeptics have questioned the need for a wearable AI device, major tech companies like Meta Platforms are investing heavily in this space, signaling the market's potential for growth. Additionally, former Apple executives and OpenAI's CEO are reportedly exploring collaborations for an unspecified AI hardware device, further indicating the significant industry interest in wearable AI.

The Ai Pin's launch marks an important milestone in the evolution of wearable technology. As more and more people begin to use wearable AI devices, we can expect to see even more innovative and groundbreaking applications emerge in the years to come. (Read the article)

Acting as a programmer, develop an architect and code for a retail pet website using javascript

Developers:

GitHub Copilot

GitHub Copilot is a code completion tool that helps developers write code faster and more accurately. It uses machine learning to suggest code snippets and completions based on the context of the code being written. GitHub Copilot can help developers to be more productive and to write better code.

Designers:

DALL-E

DALL-E is a text-to-image diffusion model that can generate realistic images from text descriptions. It can be used to create images for a variety of purposes, such as concept art, illustrations, and even product designs. DALL-E 2 is still under development, but it is already being used by designers around the world to create innovative and groundbreaking work.

Video:

Runway ML

Runway ML is a cloud-based video editing platform with a variety of AI-powered features, such as automatic object tracking, video colorization, and text-to-video generation. Runway ML can be used to create professional-looking videos without any prior video editing experience. It is a popular tool for YouTubers, filmmakers, and other video creators.

Website creation:

Wix ADI

Wix ADI is an AI-powered website builder that helps users to create a website without any coding knowledge. It uses a simple drag-and-drop interface to make it easy to create a website that looks and functions the way you want it to. Wix ADI is a popular choice for small businesses and individuals who want to create a professional-looking website without having to hire a web developer.

Productivity:

Bard

Bard is a large language model from Google AI that can generate text, translate languages, write different kinds of creative content, and answer your questions in an informative way. Bard can be used for a variety of productivity tasks, such as generating meeting notes, writing reports, and brainstorming ideas. It is a powerful tool that can help you to be more productive and efficient.