The AI-ronman 🚀

Hello, fellow humanoids! Buckle up for a joyride through the land of ones and zeros with the latest AI insights! 🤓

Quick Takes ⚡

1. Apple releases 20 new AI models to run on Hugging Face

2. Nvidia’s new AI models: Open-source innovation

3. Runway introduces Gen-3 Alpha for realistic AI video

4. TikTok ads will now include AI avatars of creators and stock actors

5. McDonald's AI Drive-Through Experiment Flops, IBM's not lovin' it

6. DeepMind brings videos to life with new audio AI

7. Color & OpenAI partner for faster cancer care

8. OpenAI eyes for-profit future, CEO announces

Deep Dive 🔍

• Apple releases 20 new AI models to run on Hugging Face 🚀
  
  Apple releases 20 Core ML models and 4 datasets on Hugging Face, focusing on privacy-first, on-device AI. The new models improve text and image processing, running exclusively on users' devices. This collaboration with Hugging Face highlights Apple's dedication to open-source AI. Developers can now create cutting-edge, secure apps. Apple's initiative paves the way for the next era of intelligent AI.
  
  
  

• Nvidia’s new AI models: Open-source innovation 🌟 
  
  Nvidia introduces Nemotron-4 340B, an open-source AI model family for creating top-tier synthetic training data and powerful AI applications. The trio—Base, Instruct, and Reward—forms a data-generation pipeline. Instruct crafts synthetic training data, while Reward filters for quality. Nemotron-4 outperforms rivals like Llama-3 and Mixtral. Nvidia also launched Mamba-2 Hybrid, an SSM surpassing transformer-based models in accuracy. This move solidifies Nvidia’s leadership in AI innovation.
  

  

• Runway introduces Gen-3 Alpha for realistic AI video 🎬
  
  Runway introduces Gen-3 Alpha, an AI model generating realistic 10-second videos from text and images with improved motion and consistency. This first in Runway's next-gen series uses a new multimodal infrastructure for comprehensive learning. Integrated with tools like Motion Brush and Director mode, Gen-3 Alpha excels in realistic characters and cinematic techniques. June 2024 marks a leap in AI video, with Runway, KLING, and Luma leading the charge.

• TikTok ads will now include AI avatars of creators and stock actors🎭️ 
  
  TikTok launches AI tools to elevate global ads, introducing Digital Avatars and AI Dubbing. Digital Avatars, available as stock or custom, speak multiple languages to connect with international audiences. AI Dubbing auto-detects video language, transcribes, translates, and dubs in 10+ languages. These tools promise creators and brands wider reach while preserving authenticity. Get ready for your favorite TikTokers speaking new languages!
  
  

  

  
  
  
  
  

• McDonald's AI Drive-Through Experiment Flops, IBM's not lovin' it 🍔 ❌
  
  McDonald's is ending its two-year AI drive-through experiment with IBM after trials in over 100 restaurants. The automated order taking (AOT) system, meant to speed up service, will be shut down on July 26, 2024. Despite the failure, McDonald's remains optimistic about voice recognition technology and seeks a new partner for further research. IBM is also exploring opportunities with other fast-food chains. The companies appear to be parting ways on a sour note.

• DeepMind brings videos to life with new audio AI 🔊
  
  Google DeepMind unveils research on its V2A system, which generates synchronized soundtracks for videos. V2A uses video pixels and text descriptions to create realistic audio, including music, effects, and dialogue. Trained on extensive audio-visual data, the model understands visual and sound correlations. Tested with top filmmakers, DeepMind plans more safety checks before public release. This innovation promises to eliminate silent AI-generated videos.
  
  

  

• Color & OpenAI partner for faster cancer care 🏥
  
  Color and OpenAI have partnered to create an AI assistant for personalized cancer care, aiming to cut down treatment delays. Color’s AI copilot, built on GPT-4o, reviews patient data to identify screening gaps and craft diagnostic plans, saving crucial time. Tests showed doctors using AI identified 4x more missing labs. Color plans to help 200,000 patients by late 2024. This AI could significantly enhance the efficiency of cancer treatment.
  
  

  

• OpenAI eyes for-profit future, CEO announces 💵 

  
  Sam Altman, CEO of OpenAI, revealed to shareholders that the company might become a for-profit benefit corporation. This shift would alter the nonprofit board's control, aligning with rivals like Anthropic and xAI. The discussions are fluid and ongoing. OpenAI assures its commitment to its mission of beneficial AI development, with the nonprofit remaining pivotal.

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Signing off, byte-sized buddies! Keep dreaming in digital and remember, AI might not take over the world, but it'll definitely improve your Netflix recommendations! 🍿🎥

Ciao for now!

Author: Poonam 👧 

Karan 😎 🚀 

CEO, GlazeGPT.com