Hey AI enthusiasts,

We’re back with the latest AI news and updates of the week!

THIS WEEK’S MENU:

• Top 5 AI News of the Week 📰

• Top 3 AI Tools of the Week 🦾

• Gen AI Digital Art Picks 🎨

Read time: 2.5 minutes

Top 5 AI News of the Week

🤝 This Week’s News…

⚡️OpenAI Launches A Revolutionary Multimodal AI Model, GPT-4o

On May 13th, OpenAI launched its new AI model, GPT-4o (with ‘o’ for ‘omni’), with advanced options that allow for a more human-like interaction with artificial intelligence. The model includes updates on end-to-end text, audio, image and video communication, all while decreasing response time. This is undoubtedly a big step forward in the industry, setting new standards for generative AI capabilities. The model can sing, help you or your kid complete learn anything from maths to new languages, as well as translate real-time between languages, be sarcastic, and play a role of a companion. All coming together via a desktop and mobile app, that will soon be rolled out to users worldwide.

📊 Four Chinese AI Start-ups Valued Over a $ Billion Each Set to Compete with OpenAI

China's AI landscape is witnessing the rapid rise of four generative AI start-ups, including Zhipu AI, Moonshot AI, MiniMax, and 01.ai, valued between $1.2 billion and $2.5 billion in recent months. These companies, buoyed by substantial domestic investment, are intensifying efforts to recruit top talent and develop competitive AI products to challenge US counterparts like OpenAI.

💻 Google's $100 Billion AI Expenditure Estimates Over the Next Years

In a recent TED conference, Google's AI chief, Demis Hassabis, stated that the company’s plans to spend over $100 billion on AI development in the coming years. This announcement coincided with Google's decision to centralize all AI teams under DeepMind's leadership, aiming to streamline operations and enhance innovation, with an emphasized need for collaboration.

🖋️ AI's Breakthrough in Decrypting Ancient Papyrus Scrolls

Through the innovative use of artificial intelligence, three students have decoded a 2,000-year-old scroll charred by the eruption of Mount Vesuvius, shedding light on ancient Greek philosophy and culture. The breakthrough, part of the Vesuvius Challenge, has unveiled passages written by the philosopher Philodemus, offering insights into topics such as music, food, and the pursuit of pleasure.

💵 Microsoft to Invest $1.7 Billion in Indonesian AI Infrastructure

Microsoft unveiled plans to inject $1.7 billion into Indonesia's tech ecosystem, focusing on cloud and AI infrastructure development. The investment not only aims to enhance digital infrastructure but also prioritizes skill development, aiming to train over 840,000 individuals in AI-related competencies.

✨ Top 3 AI Tools of the Week ✨

1. Ask Your PDF 📂

Ask your PDF is your gateway to engaging, intelligent, and interactive conversations with any PDF document, enhancing productivity and user experience.

Application Example: Time-saving efficient document management and simplified access to information.

2. Zapier 💡

Zapier is a powerful workflow automation tool designed to help streamline your daily tasks by connecting over 5,000+ apps. By automating repetitive tasks, Zapier allows you to focus on what matters the most, improving productivity and efficiency.

Application Example: Social media and content automation, data collection and analysis within different apps.

3. Namecheap Logo Maker 💥

Namecheap Logo Maker offers a free, intuitive platform to create custom logos for websites and businesses, making the design process simple and enjoyable.

Application Example: Creation of customized, unique logos

GenAI Art Picks: Your Weekly Dose of AI Art🎨

We’re back with our curated AI art pieces this week to get you inspired to create your own AI masterpieces. 🙌 👨‍🎨

Can you believe all these images were AI-generated? Impressive what we can achieve with artificial intelligence!

That's it for this week's AI tips & news! Hope you found some gems to spark your curiosity and imagination. Stay tuned for more AI news and tips next week. Keep exploring and stay awesome in the world of AI!

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