The Weekly Wave: 07/08/24

Hello AI Enthusiasts! 🌟

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This week in the exhilarating world of AI, we witnessed a flurry of notable events and eyebrow-raising developments. Let’s dive into the latest buzz that’s been keeping the tech streets hot. 

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Amazon's Adept Acumen

Amazon has made headlines by hiring the CEO and co-founders of Adept, an AI agent startup. This dynamic team is now part of Amazon's AGI (Artificial General Intelligence) team, along with a significant portion of Adept’s talented employees. 

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Why it matters: This strategic move echoes Microsoft's similar acquisition of the Inflection AI leadership team. It's a testament to the fierce competition among tech giants and a striking reminder that just raising millions isn't enough to swim with the AI sharks. Whether regulators will step in remains a cliffhanger! 🦈

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Meta and 3D Wonders 

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In other news, Meta has released new models capable of predicting multiple tokens and generating 3D assets in seconds. 

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Google Chrome, not to be outdone, is integrating a Gemini Nano model directly into the browser via window.ai. And, Apple, aiming to stay ahead, is working to bring Apple Intelligence to the Vision Pro and secure a spot on OpenAI's board. Talk about a tech showdown! 🥊

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Figma AI Controversy 

Figma, the beloved design tool, introduced Figma AI last week. However, they faced backlash over the "Make Designs" feature, leading to its temporary removal. The controversy erupted due to uncanny replicas of Apple's Weather app UI, sparking debates about data use and training models.

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CEO Dylan Field's take: He clarified that the models weren't trained on user designs. This saga underscores a significant hurdle for AI-enabled software—building trust with users. Transparency is key! 🔍

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Patents, Patents Everywhere!

A new report from the UN disclosed that over 50,000 generative AI patents have been filed in the past decade, with 2023 witnessing over a quarter of these filings. 

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Between the lines: China’s overwhelming lead with six times the number of patents filed compared to the US, reveals the intensity of the AI arms race. The US is strategizing to close this gap through AI funding and export controls. Interesting times ahead! 🌍

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Regulatory Ripples 

Scenes from around the globe:

- Singapore: Becoming a haven for Chinese AI startups due to lenient regulations and chip access.

- Brazil: Suspended Meta’s privacy policy over data use for AI training.

- EU: Scrutinizing Google and Microsoft’s AI deals. 🌐

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Quick Beats

- YouTube: Launches a feature for takedowns of AI content mimicking faces or voices.

- Europe: Fintechs show caution over AI adoption due to regulatory worries.

- Blumhouse: Set to release "AfrAId", bringing AI terror to the smart home.

- Goldman Sachs: Warns of potential disappointing ROI from AI investments.

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Stay tuned and stay curious, because with AI, things are only going to get more exhilarating! 🚀

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