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  • 🚀AI Boost: OpenAI Nears $100 Billion Valuation

🚀AI Boost: OpenAI Nears $100 Billion Valuation

PLUS: Google’s Custom Chatbots, and More!

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Good morning! It is August 29, 2024, today. We have some exciting updates in the AI world, from Apple's latest iOS update to groundbreaking AI in gaming. Let’s dive into the details!

1. OpenAI Nears $100 Billion Valuation in New Funding Round Led by Thrive Capital

OpenAI is reportedly close to securing a new funding round at a valuation exceeding $100 billion, led by Thrive Capital. This significant investment highlights the growing demand for generative AI technologies, with OpenAI’s ChatGPT at the forefront. The funding will support OpenAI’s ongoing development and operational costs, positioning it as one of the most valuable AI startups globally.

2. Apple Introduces AI-Powered Object Removal with Latest iOS Update

Apple has rolled out a new feature called “Clean Up” in its latest iOS 18.1 update, allowing users to remove unwanted objects from photos using AI. This tool intelligently fills in the background after an object is removed, even handling shadows and reflections. The update is part of Apple’s broader “Apple Intelligence” initiative, which includes various AI enhancements aimed at improving user experience and privacy.

Credit: The Verge

3. Google Launches Custom AI Chatbots with Gems

Google has introduced Gemini Gems, a new feature allowing users to create personalized AI chatbots. Available to Gemini Advanced, Business, and Enterprise subscribers, Gems can be customized for various roles such as coding assistants, learning coaches, and career guides. This feature aims to enhance user experience by providing tailored AI interactions. Additionally, Google has rolled out its latest image generation model, Imagen 3, to further improve the capabilities of the Gemini platform.

Credit: Plaud

4. Plaud Notepin: AI Wearable for Real-Time Transcription

Plaud has introduced the NotePin, an innovative wearable AI device designed to revolutionize note-taking and transcription. The NotePin can be worn as a necklace, wristband, clip, or pin, and features advanced AI capabilities for recording, transcribing, and summarizing conversations. With high-definition recording, speaker labels, and support for 59 languages, the NotePin aims to enhance productivity for professionals across various fields. The device also offers customizable templates and secure cloud storage, ensuring data privacy and accessibility.

Credit: Google

5. Google’s GameNGN AI Simulates Doom Without a Game Engine

Google's GameNGN AI has broken new ground by simulating the classic game Doom without using a traditional game engine. This AI-driven approach generates game environments, characters, and interactions purely through machine learning, showcasing the potential for AI to revolutionize game development. GameNGN's capabilities could lead to more dynamic and responsive gaming experiences in the future.

Credit: Anthropic

6. Claude AI Introduces ‘Artifacts’ Feature to Rival ChatGPT

Claude AI has launched a new feature called ‘Artifacts,’ designed to enhance user collaboration and creativity. Available across Free, Pro, and Team plans, Artifacts allow users to create and view detailed, interactive content such as code snippets, websites, and visualizations in real-time. This feature aims to streamline the creative process by displaying results alongside user prompts, making it easier to iterate and refine projects without needing third-party tools.

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

Best,

Zephyr