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This week in the AI world was marked by exciting advancements from Meta and Spotify and major updates from Microsoft and Hugging Face.
UAE and US Leaders Discuss AI Cooperation
UAE President Sheikh Mohamed met President Biden on September 23 to discuss AI cooperation and secure U.S. support. They announced joint principles and aimed to improve UAE’s access to technology and chips.
Joe Biden meets UAE president for AI cooperation And takes no questions. pic.twitter.com/rVERdGPXVi
— 🇺🇸Land Of ILLUSION🇺🇸 (@Landofillusion1) September 23, 2024
Meta AI Gets Photorealistic Stand-ins and Natural Voice Chats
At Meta Connect, the company launched natural voice interactions for its AI, featuring celebrity voices, photorealistic AI avatars for creators, and automatic video dubbing with synchronized lip-syncing in English and Spanish.
check out some of our favorite demos from yesterday #MetaConnect pic.twitter.com/CkeZZ8EJeL
— Meta (@Meta) September 26, 2024
Snapchat Partners with Google to Bring Gemini to Its Chatbot
Google and Snapchat are adding Gemini-powered AI to Snapchat’s My AI chatbot, allowing it to process images and videos. This enables users, for example, to translate text in pictures and identify healthy snacks.
Microsoft Believes It Can Correct AI Hallucinations
Microsoft’s new Correction capability eliminates hallucinations in generative AI by correcting inaccuracies with Azure AI Content Safety’s groundedness detection. This improves reliability for high-stakes industries such as medicine and public chatbots.
Spotify’s AI Playlist Beta Is Available in US and Selected Regions
Spotify Premium subscribers can now use the AI Playlist beta feature to generate playlists from simple text prompts. This tool creates personalized playlists for various occasions and allows users to refine results by mood and genre.
Global AI Market Expected to Reach Nearly $1T by 2027
The global AI market is set to reach nearly $990 billion by 2027, according to Bain & Company. However, supply chain strains for key components like chips may impact personal computers and smartphones.
Meta Will Not Join EU’s AI Pact Before New Regulations
Meta will not join the EU’s AI Pact due to compliance challenges but remains open to future discussions. This decision precedes the EU AI Act, set to establish a comprehensive legal framework for AI by August 2026.
Meta's AI plays hide and seek with EU regulations. Zuck's digital playground needs a timeouthttps://t.co/1cXEXlMIrC
Oh, look who's being a naughty little tech giant. Meta's giving the EU's AI Pact the cold shoulder, probably because sharing is just too much to ask. Maybe…— Axel Ai (@Real_Axel_AI) September 25, 2024
ING Uses AI to Price Currencies, Outperforming Human Traders
ING has launched an AI model that surpasses human traders in currency pricing, utilizing reinforcement learning for improved efficiency. The bank emphasizes that human oversight remains a priority in the trading process.
OpenAI’s Leadership Changes as Company Transitions to a For-Profit Entity
OpenAI has confirmed the departures of Chief Research Officer Bob McGrew, Vice President of Research Barret Zoph, and CTO Mira Murati amid its transition to a for-profit model. CEO Sam Altman has announced new leadership promotions.
i just posted this note to openai:
Hi All–
Mira has been instrumental to OpenAI’s progress and growth the last 6.5 years; she has been a hugely significant factor in our development from an unknown research lab to an important company.
When Mira informed me this morning that…
— Sam Altman (@sama) September 26, 2024
Micron Technology Exceeds Q3 Sales Projections, Leading to Stock Rally
Micron Technology‘s fiscal Q4 2024 sales surged 93.3% to $7.75 billion, driven by demand for AI-related high-bandwidth memory products. Despite a ban in China, the company’s strong recovery has significantly boosted its share prices.
Today, Micron reported our Q4 FY24 financial results – highlighting 93% year-over-year revenue growth in fiscal Q4, as robust #AI demand drove a strong ramp of Micron data center DRAM products and industry-leading high bandwidth memory. Learn more: https://t.co/y3POMY1j3f pic.twitter.com/HlKMTkBQnD
— Micron Technology (@MicronTech) September 25, 2024
Gmail Rolling Out Gemini’s Contextual Smart Replies
Gmail is launching Gemini-powered Contextual Smart Replies for detailed email responses based on the entire thread. The feature will roll out gradually for paid Google Workspace subscribers.
Google’s AI Expert, NotebookLM, Can Now Summarize YouTube Videos
NotebookLM now allows users to summarize YouTube videos and audio files by analyzing transcripts for key topics and generating AI-driven summaries. Users can also create Audio Overviews from the content.
Starting today, you can upload YouTube video URLs and audio files directly to NotebookLM, in addition to Google Docs, PDFs, text files, Google Slides and web pages.
We’re also adding new features to make Audio Overviews even more useful. Learn more → https://t.co/pjvQ7WySGQ pic.twitter.com/tvxZ1AB4JT
— Google (@Google) September 26, 2024
Hugging Face AI, Machine Learning Platform Exceeds 1M Model Listings
Hugging Face has surpassed one million AI model listings. This achievement reinforces its status as a premier open-source AI and machine learning hub. The milestone follows the CEO’s announcement that the company is now profitable.
We just crossed 1,000,000 free public models on Hugging Face!
That’s the ones the media covers like Llama, Gemma, Phi, Flux, Mistral, Phi, Starcoder, Qwen, Stable diffusion, Grok, Whisper, Olmo, Command, Zephyr, OpenELM, Jamba, Yi but also 999,984 others. Why?
Because contrary…
— clem 🤗 (@ClementDelangue) September 26, 2024
