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🚀AI Boost: Microsoft's Copilot Rebranded

PLUS: Perplexity AI Ads, and More!

Author

Zephyr
August 23, 2024

Good morning! It is August 23, 2024, today. We have some intriguing updates in the AI world, from major rebrands and new ad strategies to advancements in AI learning and international tech maneuvers. Let’s dive into the details!

Credit: The Verge

1. Microsoft Rebrands Copilot, Introduces Major Changes

Microsoft is simplifying the branding for its business AI service. The paid business version of Copilot, previously known as “Microsoft Copilot for Microsoft 365,” will now be called “Microsoft 365 Copilot.” Additionally, individual productivity apps using Copilot, such as Word, will adopt more complex brand names, like “Microsoft 365 Copilot in Word.” These changes aim to streamline branding and enhance the chat experience for business users.

Credit: Reuters

2. Perplexity AI to Introduce Ads on Search Platform by Q4

Perplexity AI, backed by Nvidia and Jeff Bezos, plans to launch advertising on its AI-powered search platform in the fourth quarter. Advertisers can sponsor “related questions” that appear alongside answers and purchase display ad space on the right side of the screen. As major search engines integrate AI into web search, Perplexity aims to disrupt the industry and challenge Google’s dominance. The startup raised $62.7 million in funding, valuing the company at over $1 billion.

Credit: Reuters

3. Chinese Entities Turn to Amazon Cloud and Rivals for High-End US Chips for AI

Chinese companies are increasingly turning to Amazon Web Services (AWS) and other cloud providers to access high-end US chips for AI development. This trend is driven by the need to circumvent export restrictions and obtain the latest technology for AI research and applications. The reliance on cloud services highlights the global interconnectedness of the tech industry and the strategic moves companies make to stay competitive.

Credit: ZDNET

4. MidJourney’s AI Image Generator Website Now Open to Everyone

Midjourney, known for its robust text-to-image generator, has launched a dedicated website accessible to all users. Previously, access was limited to Discord, which posed challenges for many. Now, anyone can create up to 25 AI-generated images through a free trial. The user-friendly website streamlines the process, allowing you to request images by typing prompts and refine them using specific actions. Additionally, an image editor lets you modify various aspects of the generated content. Explore, create, and unleash your creativity with Midjourney’s AI-image generator!

5. Google Avoids Link Tax Bill with Deal to Fund California Journalism and AI

Google has struck a deal to fund California journalism and AI initiatives, allowing it to avoid the state’s controversial link tax bill. The agreement involves significant financial contributions to support local news outlets and AI research programs. This move is seen as a strategic compromise to maintain access to news content without incurring additional costs, while also promoting innovation in journalism and technology.

6. This AI Learns Continuously from New Experiences Without Forgetting Its Past

Researchers at the University of Alberta developed a strategy called “continual back propagation.” It selectively resets artificial neurons after a task, akin to how our brains consolidate memories during sleep. With this approach, AI algorithms can maintain high accuracy across thousands of different tasks without erasing prior knowledge. This exciting development paves the way for AIs that learn continuously in response to a changing world.

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Stay tuned for more updates, and have a fantastic day!

Best,

Zephyr