AI Weekly Newsletter

Hi everyone!

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Welcome to another edition of your favourite AI Weekly Newsletter!

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This week I’m delving into some of the new trends in AI that I’ve spotted over the last few weeks, such as AI wearables, the development of smaller LLMs and their applications, and the implementation of ChatGPT in Australian schools.

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Here’s a quick summary:

·?????? AI Wearables: The Future of Personalized Tech is On You

·?????? Stability AI Unveils Compact, High-Performance Stable LM-3B for Smart Devices

·?????? Apple Confirms Research into Chat-Like AI

·?????? OpenAI Contemplates Crafting Its Own AI Chips: A Game-Changer for AI Development

·?????? ChatGPT to be Introduced in Australian Schools by 2024

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AI Wearables: The Future of Personalized Tech is On You

AI wearables are an emerging trend and may well be revolutionizing the way we interact with technology. Their value proposition: to offer unprecedented personalization and convenience. For businesses and individuals alike, this trend signifies a shift towards more intuitive, hands-free experiences. Let’s see some examples:

• Rewind AI is a wearable that enhances productivity and well-being by capturing screen and audio data for personalized AI assistance. It offers automated note-taking, precise meeting summaries, and a backup feature, making it ideal for professionals seeking efficiency.
• Tab is an AI assistant in the form of a pendant that offers instant access to tailored information in a voice chat-like interaction from your phone by monitoring your conversations. Designed to act like an all-knowing AI librarian, it organizes and provides relevant insights without storing transcripts or audio, ensuring user privacy.
• Humane AI Pin made its debut at Paris Fashion Week, designed by Coperni. While its specific functionalities remain a mystery, the device has already garnered attention for its sleek, Star Trek-inspired design. The pin was showcased on various models but wasn't demonstrated in action, although it’s hinted that its laser-projected information display will be the first of a kind.
• And last week we touched on Ray-Ban Meta Smart Glasses, a collaboration between Meta and EssilorLuxottica, offer features like improved audio, hands-free livestreaming, and Meta AI integration. These glasses could redefine how businesses approach social media marketing and customer engagement.

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AI wearables offer a plethora of opportunities, from personal productivity to business analytics and customer engagement. As these devices become more sophisticated, they could serve as invaluable tools for data-driven decision-making and real-time feedback, both for individuals and enterprises.

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The reality is that AI wearables are not just a trend; they are the future, promising to make our lives more efficient, connected, and personalized.

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Stability AI Unveils Compact, High-Performance Stable LM-3B for Smart Devices

Stability AI has introduced Stable LM-3B, a compact language model with 3 billion parameters, designed for portable devices like handhelds and laptops. This model is not only cost-effective but also environmentally friendly due to its lower power consumption.

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Despite its smaller size, it outperforms previous 3B parameter models and even rivals some 7B parameter open-source models. The release broadens the scope of applications that can be developed on edge devices or home PCs, including creative writing assistance and specialized programming aids.

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This development signifies a shift towards smaller, more efficient models that are equally capable, making advanced AI technologies more accessible and affordable. This could mean the democratization of high-performance AI, enabling you and your business to integrate advanced conversational capabilities into your products or services without breaking the bank.

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Apple Confirms Research into Chat-Like AI

Apple's CEO Tim Cook has confirmed that they are diving into the world of chat-style AI, similar to ChatGPT. In simple terms, Apple is looking to make its devices even smarter by adding a feature that can chat with you, just like a human.

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This means you can expect your Apple devices to get even more intuitive and helpful in the future. Although they haven’t been very innovative in the launch of their latest products, this announcement is certainly exciting for any Apple fans out there.

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OpenAI Contemplates Crafting Its Own AI Chips: A Game-Changer for AI Development

OpenAI is thinking about making its own AI chips. This move could be a game-changer, offering a more tailored and efficient way to run AI models. Right now, OpenAI relies on general-purpose graphics processing units (GPUs), which are good but expensive and often in short supply mainly provided by NVIDIA.

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By creating its own chips, OpenAI could better control costs and performance, making AI more accessible and reliable. This development could mean the development of faster and more cost-effective AI solutions, especially beneficial for small and medium-sized enterprises that are looking to get the most bang for their buck in AI investments.

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ChatGPT to be Introduced in Australian Schools by 2024

Starting in 2024, Australian schools are going to have ChatGPT and other cool AI tools in the classroom. Why does this matter? Well, it's all about making sure every kid gets the same shot at a great education. Right now, some schools and students have these tools, but not everyone does. So, this move is a game-changer in making things fair for all.

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The use of ChatGPT in classrooms and in education is certainly a controversial topic, but the reality is that AI is here to stay. Imagine a classroom where learning is more personal and fun. We're not just talking quicker homework help; we're talking about a whole new way to learn that's built just for you. So, if you're in education get ready to shift and think about how you can bring this tech into your world.

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And that’s all for this week!

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I hope this gives you a better understanding of AI’s new and exciting trends.

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As per usual, I’d love to hear your thoughts so don’t be shy and leave them in the comments.

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Have a great week ahead!

Jaume