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  • βš‘πŸ”‹ Despite Nvidia's 122% growth, company's shares fell 6% in after-hours trading

βš‘πŸ”‹ Despite Nvidia's 122% growth, company's shares fell 6% in after-hours trading

And more: You can remove objects from pictures with the new iOS, JioPhonecall AI incorporates ai into everyday calls

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Good morning, aspiring leader of the next generation! β˜€οΈ

πŸš€ Have you heard the latest AI news? Ready for today's tech whiplash? Here we go!

Nvidia's shares are doing the limbo despite record sales. How low can you go when you're swimming in cash? πŸ’°πŸ“‰

OpenAI's Converge 2 program is playing hide and seek. It's like the Area 51 of AI – everyone's talking, no one's seeing! πŸ•΅οΈβ€β™‚οΈπŸ›Έ

Apple's letting you play digital god with your photos. "Bye-bye, photobomber!" πŸ“±βœ‚οΈ

Plaud's trying to make AI pins simpler. Because what the world really needs is MORE ways to stick AI on things! πŸ“ŒπŸ€–

Midjourney's diving into hardware. What's next, AI-generated toasters? πŸžπŸ’»

And AI skills are the new "must-have" for job seekers. Soon, your resume will need to pass a Turing test! πŸ’ΌπŸ§ 

So, what's your bet? Will we all be removing our exes from vacation photos next week, or will the AIs just take over our job interviews? πŸ–οΈπŸ˜‚

AI chip giant Nvidia shares fall despite record sales

Nvidia, the AI chip giant, reported record revenues of $30 billion for the last quarter, surpassing analyst expectations of $28.7 billion. Despite this 122% year-over-year growth, the company's shares fell 6% in after-hours trading. Key points include:

  • Nvidia's market value has soared to over $3 trillion during the AI boom

  • CEO Jensen Huang claims "Generative AI will revolutionize every industry"

  • Analysts suggest the growth rate is starting to slow

  • Markets now expect Nvidia to shatter estimates, not just beat them

  • Production delays for the next-generation Blackwell chip may have contributed to the stock sell-off

  • Nvidia faces potential risks if AI fails to deliver on its promises

  • Competitors like Intel could challenge Nvidia's market share in the future

The market reaction highlights the immense expectations placed on Nvidia as the face of the AI industry, and the challenges of maintaining spectacular growth rates. Read more

OpenAI’s Converge 2 program has been shrouded in mystery

OpenAI's Converge 2 accelerator program, announced in December 2023 for a March 2024 start, has been mysteriously quiet with no public updates on the cohort. Unlike its predecessor, Converge 1, which openly shared details about participant startups, Converge 2 has not followed suit, leading to speculation and silence in the tech community. Despite this, investments have reportedly continued, with new startups being funded, yet details remain scarce due to possibly stringent non-disclosure agreements or a culture of secrecy. Read more

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Apple’s new iOS developer beta lets you remove objects from pictures using AI

Apple's latest iOS developer beta introduces a new AI-powered feature called Clean Up, which allows users to remove unwanted objects from photos. This tool uses AI to smartly detect and erase objects while intelligently filling in the background, ensuring that shadows or reflections are also removed. This feature is part of a broader set of Apple Intelligence capabilities being tested, including advanced writing tools and smart replies in Mail. The new functionalities highlight Apple's incremental integration of AI into its ecosystem. Read more

πŸ“”#1 Insights Today on AI. Click the Links to Read

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AI is a tool that can be used to help humans be more creative and productive. It's not about replacing humans, but about augmenting human intelligence and capabilities.

Demis Hassabis

Sir Demis Hassabis CBE FRS FREng FRSA is a British computer scientist, artificial intelligence researcher and entrepreneur. In his early career he was a video game AI programmer and designer, and an expert board games player.

Washington State University researchers have developed an AI algorithm that significantly improves 3D printing efficiency for complex medical models. Published in Advanced Materials Technologies, the study demonstrates how AI can optimize printing settings for intricate structures like kidney and prostate organ models.

The AI technique, called Bayesian Optimization, learns to identify and print the best versions of organ models, producing 60 progressively improved iterations. This approach tackles the challenge of determining optimal settings for 3D printing projects, which typically involves numerous variables such as materials, printer configuration, and nozzle pressure.

Key benefits of this AI-driven method include time and cost savings, as well as improved precision in creating lifelike organ models for surgical training and device evaluation. The algorithm successfully balanced multiple objectives: geometric precision, weight or porosity, and printing time.

Notably, the AI system's versatility allows for easy adaptation to different models with minimal adjustments. This breakthrough has implications beyond medical applications, potentially benefiting fields like flexible electronics and wearable biosensors.

By streamlining the 3D printing process for complex designs, this research paves the way for more efficient manufacturing of intricate biomedical devices and advances in various technological domains.

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πŸ›ΈLet’s Teleport in The Future

Jio Introduces JioPhonecall AI: Revolutionizing Phone Conversations

Key Points:

  1. New Service Launch: Reliance Jio announced JioPhonecall AI at its 47th Annual General Meeting.

  2. AI Integration: The service incorporates artificial intelligence into everyday phone calls for Jio users.

  3. Key Features:

    • Call recording

    • Transcription of conversations

    • Translation across languages

  4. Functionality:

    • Makes calls searchable

    • Enables easy sharing of call content

    • Facilitates understanding across different languages

  5. Activation: Users can access the service by adding a dedicated number to their calls.

  6. Strategic Initiative: Part of Jio's "Connected Intelligence" program.

Implications:

  • Enhances communication capabilities for Jio users

  • Potential to break down language barriers in phone conversations

  • Offers new possibilities for business communication and personal record-keeping

Context:

This launch is part of Reliance Jio's ongoing efforts to integrate advanced technologies into its telecommunications services. It reflects the growing trend of AI integration in everyday communication tools.

What's Next:

While the announcement provides an overview of the service, details about privacy measures, data storage, and specific language support are yet to be revealed. Users and industry observers will likely be keen to see how JioPhonecall AI performs in real-world scenarios and how it compares to similar services in the market.

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I hope you find these resources helpful.Let me know if you have any questions, if there's anything else I can do to assist you, or what you would like to learn more about in AI.

Have an amazing day!

No more playing catch-up. It's time to GET AHEAD!!! πŸš€πŸš€πŸš€

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Elena

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