AI Wrap Up in 2024 April

What's going on for AI in 2024 Apr

Author

Ethan
May 01, 2024

May 1, 2024

Good morning! As April comes to a close, we're wrapping up the month with a recap of the most significant AI updates.

From new tools to fresh funding rounds, we'll cover the most important developments, trends, and insights to keep you ahead of the curve.

What we will cover today

  1. AI updates and releases

  2. AI business deals / partnerships

  3. AI market trends

Let's dive in.

1. AI Updates and Releases

Who doesn't love a good new release? It's like Christmas morning, but instead of presents, we get fresh AI updates and releases.

And let's be real, the interest in AI never ends. It's like a never-ending treasure hunt, and we're all on the hunt for the next big breakthrough.

🦙 Meta releases Llama 3, powering Meta AI Assistant on Facebook and Instagram!

Meta just dropped Llama 3, its latest large language model that's powering the Meta AI Assistant on Facebook and Instagram, and it's a beast - with 70 billion parameters, it's one of the largest and most advanced language models out there.

Llama 3 is all about making AI more conversational and natural, so you can have more human-like interactions with machines (yeah, it's wild to think about.). It's also super useful for tasks like text summarization, question answering, and even generating code - the possibilities are endless.

Try it out over here https://www.meta.ai

⚂ Microsoft has announced the release of Phi-3

Meet Phi-3, the small but mighty language model from Microsoft that's packing a big punch! This tiny titan is designed to be fast, efficient, and super versatile, making it perfect for devs and researchers who want to build innovative AI apps without breaking the bank (or the internet).

🔥 Adobe unveils Firefly 3, its latest image generation model

Adobe just unveiled Firefly 3, a revolutionary image generation model that's about to take your creative game to new heights.

With its advanced foundation model, Firefly 3 lets you generate stunning, high-res images from text prompts, and even edit them with ease - talk about unlocking your inner artist.

Will you be using Firefly 3 to level up your creative projects and workflows? https://www.adobe.com/products/firefly.html

🎶 Udio, an AI music generator, is released.

Have you ever dreamed of creating your own sick beats, but struggled to find the time or skills to make it happen? Well, we've got some epic news for you. Introducing Udio, the AI music generator that's about to revolutionize the way you create music.

With Udio, you can generate high-quality tracks in minutes, without needing to be a pro producer or musician. Whether you're a YouTuber, streamer, or just a music enthusiast, Udio's got your back. Get ready to unlock your creative potential and make some amazing music.

Create yours in less than a minute over here https://www.udio.com/

🤖 Github launches GitHub Copilot Workspace.

Hello world. GitHub just dropped Copilot Workspace, a game-changing tool that lets you write, test, and deploy code in a single, seamless experience! With Copilot Workspace, you can focus on building amazing software, while AI handles the tedious tasks, making you a coding rockstar.

2. AI Business Deals and Partnerships

The AI landscape is heating up with some major business deals and partnerships that are changing the game - from tech giants teaming up to take on new challenges to innovative startups landing lucrative contracts, we're seeing some serious action in the AI space.

🤝🏻 The Financial Times struck a deal with OpenAI.

The Financial Times just struck a deal with OpenAI, where they'll license their top-notch content to help develop generative AI tech that's virtually indistinguishable from human creations - think text, images, and code that's eerily human-like.

And here's the cool part: ChatGPT will start responding to questions with short summaries from FT articles, complete with links back to (link unavailable) for more in-depth reading - talk about a win-win for knowledge lovers.

💬 According to Bloomberg, Apple and OpenAI reopened talk about a potential deal.

Apple's getting serious about AI. Apple is in talks with OpenAI about using generative AI technology. However, Apple has not finalized its decisions and may also consider Google's Gemini chatbot.

Will Apple bring OpenAI integrations into iOS 18?

3. AI Market Trends

The AI landscape is heating up with some major business deals and partnerships that are changing the game - from tech giants teaming up to take on new challenges to innovative startups landing lucrative contracts, we're seeing some serious action in the AI space.

💰 Microsoft and Google are proving there’s money to be made in generative AI.

Microsoft said its Azure cloud services grew 31% in its fiscal third quarter, fueled in part by companies building AI tools on top of it.

CEO Satya Nadella said, 'Azure has become a port of call for almost anyone working on an AI project.’

CEO Sundar Pichai stated, ‘We’ve already served billions of queries with our generative AI features.’

💲 Google is considering charging for premium features on its generative AI-powered search engine.

Don’t worry, you can still use the same old google.

However, you can get a paid subscription to a AI-powered search engine.

Unwrap

That's a wrap for this month's AI update.

Thanks for joining me on this journey into the future of AI. If you found this newsletter informative, entertaining, or both (fingers crossed), please share it with your friends, family, or that one colleague who's always talking about AI.

Let's keep the conversation going and make sure everyone's up-to-speed on the latest AI trends. Share your thoughts, feedback, and suggestions with me anytime. I'm always here to listen and learn.

Stay curious, stay awesome, and I'll catch you in the next update!

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