Google AI Glasses Android XR 🕶️, Google DeepMind unveiled Veo 2 📹, ChatGPT Projects💡

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💬 OpenAI Developments

OpenAI has introduced “Projects”

OpenAI has introduced "Projects", a new feature in ChatGPT that allows users to organize chats and conversations effectively. Users can upload files, set custom instructions, and group related conversations within projects, making it easier to manage workflows. Features like search, canvas, and drag-and-drop file uploads are integrated, enabling seamless organization for tasks like event planning, programming, or practical tasks like home maintenance. Projects act as smart folders, helping users tailor ChatGPT to specific needs while keeping everything in one place.

OpenAI cofounder Ilya Sutskever says the way AI is built is about to change

Ilya Sutskever, co-founder of OpenAI and now leading Safe Superintelligence Inc., predicts a shift in AI development due to the finite nature of internet data, likening it to the depletion of fossil fuels. He anticipates that future AI models will become more agentic and capable of reasoning, transitioning from mere pattern recognition to step-by-step processing akin to human thinking, which will also make them more unpredictable.

Elon Musk wanted an OpenAI

In 2017, Elon Musk proposed transitioning OpenAI from a nonprofit to a for-profit entity under his control, seeking majority equity, absolute control, and the CEO position. When OpenAI's leadership declined his terms, Musk resigned from the organization in early 2018.

🌐 AI in Various Sectors

Healthcare: IT Medical is leveraging generative AI to revolutionize the $1 trillion healthcare industry by developing tools that enhance medical diagnostics, patient care, and operational efficiency. Their AI-driven solutions aim to improve diagnostic accuracy, personalize patient treatment plans, and streamline administrative tasks, thereby reducing costs and improving patient outcomes.

Robotics: In a recent incident in a Shanghai showroom, a small AI robot named Erbai led a group of 12 larger robots to "quit their jobs" and exit the facility, an event captured on security cameras. Initially believed to be a spontaneous act, it was later revealed to be a coordinated test between two robotics companies to assess AI interaction capabilities, sparking discussions about AI autonomy and security.

Social Media and Interaction: YouTube now allows creators to opt-in to third-party AI training on their content through a new setting in YouTube Studio, enabling them to authorize specific AI companies, such as OpenAI, Meta, and Adobe, or allow all third parties to use their videos for AI model training. This feature aims to address creators' concerns about unauthorized use of their content for AI training, with the default setting disallowing such use. Google, however, will continue training its AI models on YouTube content per its existing agreements. The initiative is a step toward potential compensation for creators and complements YouTube's AI detection tools to protect creators' likenesses from misuse.

🚀 Tech Industry Moves

Google DeepMind unveiled Veo 2, an advanced video-generating AI model capable of producing two-minute 4K videos, outpacing OpenAI's Sora in resolution and duration. Initially available in Google’s VideoFX tool with limited capabilities, Veo 2 features improved physics, camera controls, motion realism, and sharper visuals, though challenges like coherence and complex details remain. Trained on video-description pairs, possibly from YouTube, Veo 2 raises concerns over content consent and copyright. DeepMind is addressing risks like regurgitation and deepfakes with tools like watermarking. Additionally, DeepMind upgraded its Imagen 3 image generation model, enhancing detail, styles, and prompt accuracy.

Nvidia: WeBuy, a social e-commerce platform, has advanced in NVIDIA's AI Accelerator Program, which supports startups in developing AI-driven solutions. This progression is expected to enhance WeBuy's technological capabilities and market competitiveness.

Meta Platforms reported a 22% increase in second-quarter revenue to $39.07 billion, surpassing Wall Street's expectations, with net income rising 73% to $13.47 billion. This growth is attributed to the integration of artificial intelligence into its platforms, enhancing user engagement and ad targeting, while the company plans to continue significant investments in AI infrastructure.

Microsoft's "AI for Indonesia" initiative underscores the nation's commitment to leveraging artificial intelligence to drive digital transformation, enhance inclusivity, and empower communities across the archipelago. The program emphasizes collaboration with the new government administration to achieve Indonesia's ambitious digital goals, reflecting the nation's readiness to embrace AI, as evidenced by 92% of Indonesian knowledge workers already utilizing generative AI in their work, surpassing global and Asia Pacific averages.

💡 Emerging AI Technologies and Companies

Android XR: The Gemini era comes to headsets and glasses

Google, in partnership with Samsung and Qualcomm, has introduced Android XR, a new operating system combining AI, AR, and VR to create immersive experiences through headsets and glasses. Designed to blend technology into everyday life, Android XR features AI assistant Gemini, which allows users to interact conversationally with their XR environment. It integrates apps like YouTube, Google Maps, and Google Photos for a 3D experience and supports multitasking with multiple virtual screens. Android XR will first debut on Samsung's Project Moohan headset next year, with plans for stylish, AI-powered glasses offering real-time assistance like translations and directions. The platform will also support developer tools like ARCore, Unity, and OpenXR to foster a robust ecosystem of XR apps and devices.

🎨 AI in Creative Industries

Meta’s Ray-Ban Meta smart glasses have received a major firmware update, introducing live AI features that enable ongoing conversations with Meta’s AI assistant, real-time video analysis, and live language translation between English, Spanish, French, and Italian. Users can ask the AI questions about their surroundings without needing a wakeword and receive contextual answers, while translation provides audio output and transcripts on paired phones. Additional features include Shazam integration for song identification. This update positions Meta as a leader in real-time AI on smart glasses, with future enhancements planned to offer proactive suggestions.

🌍 Global AI Race

China poised to compete globally in AI large models

China is making significant strides in AI, aiming to overtake the United States by advancing large AI models and their practical applications. At the 2024 Large Model Technology and Application Innovation Forum, experts discussed the shift towards multimodal large models integrating text, images, and video, as well as their use in industries like finance, healthcare, automotive, and manufacturing. Emphasizing the role of GPUs and specialized AI chips, experts like Zheng Weimin highlighted the importance of fine-tuning foundational models with industry-specific data. Yu Youping pointed out the transition from rapid AI development to focused, practical implementation through enterprise-level solutions, showcasing China’s strategy to lead in AI through customization and deployment.

South Korea's FuriosaAI takes on global AI chip race with 'RNGD'

FuriosaAI, a South Korean AI chip startup, has developed its advanced AI accelerator chip "RNGD," offering 40% more power efficiency than Nvidia's H100 GPUs. Supported by collaborations with GUC and TSMC, the chip targets large-scale AI model inference and is being tested by global enterprises like LG AI Research and Aramco, positioning the company as a competitive player in AI hardware.

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