Good day! It's July 15, 2024, and today's AI news is packed with exciting developments. From record-breaking stock prices driven by AI optimism to innovative tools helping journalists and new AI features in popular apps, there's a lot to explore. Let's get started!

1. Apple Stock Hits Record High on AI Optimism

Apple's stock price reached a record high after analysts raised their price targets, fueled by optimism about the company's AI advancements. Analysts from Loop Capital and Morgan Stanley cited Apple's strong position in generative AI as a key factor. They believe that Apple's new AI-powered iPhones and iPads will become essential tools for consumers, much like the original iPods and iPhones did with digital media and social media.
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2. AI Tools Help Reporters Separate Fact from Fiction in Immediate Aftermath of Trump Shooting

In the wake of the attempted assassination of former President Donald Trump, AI tools played a crucial role in helping journalists verify the authenticity of images and information. Developed by TrueMedia.org, these tools were used to assess images that spread rapidly on social media, demonstrating both the potential and limitations of AI in combating misinformation.
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3. YouTube Music Introduces Sound Search and AI-Generated Conversational Radio

YouTube Music has officially launched its "Sound Search" feature, allowing users to find songs by humming or singing. Additionally, the platform is testing an AI-generated "Conversational Radio" for premium subscribers in the U.S., which lets users create custom radio stations through prompts. These new features aim to enhance the music discovery experience for users.
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4. AMD Reveals More Strix Point Benchmarks and AI-Powered Features

AMD has unveiled additional benchmarks and AI-powered features for its upcoming Strix Point laptop processors. The new Ryzen AI 9 HX 370 and Ryzen AI 9 365 chips show significant performance improvements over competitors in various workloads, including gaming and productivity. These processors will also introduce AI-powered features like real-time captions and translations, set to launch on July 28.
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5. OpenAI Introduces a Scale to Rank AI Progress

OpenAI has announced a new five-tier system to track its progress toward developing artificial general intelligence (AGI). The current GPT-4 models are at the first level, with the second level, "reasoners," on the horizon. This system aims to provide a clear framework for understanding the capabilities and advancements of OpenAI's models as they work towards more sophisticated AI.
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Stay tuned for more updates and insights on how AI is shaping our world!

Best,

Zephyr