Happy Tuesday, AI enthusiasts! 🤖

Get ready for your daily infusion of AI news and insights 🔍

• 💸 ByteDance purchased over $1B worth of GPUs

• 📈 AI Stock Surge Boosts World's Richest by $150 Billion

• 🎮 Deepmind’s New AI Agent Masters Gaming

• 📚 AI Narrator for Audiobooks

• 📺 AI Enhancing Advertising Business Models

• 🎵 Grammys Rejects AI Songs

💸 ByteDance purchased over $1B worth of GPUs

• ByteDance, the company behind TikTok, has purchased over $1B worth of GPUs from NVIDIA.

• This purchase estimates about 100k GPUs, a significant increase compared to the 10k GPUs used to train ChatGPT.

📈 AI Stock Surge Boosts World's Richest by $150 Billion

• A boom in AI-related stocks in 2023 has increased the fortunes of the world's wealthiest individuals by over $150 billion.

• Big Tech giants such as Meta, Nvidia, Microsoft, Google parent Alphabet, and Oracle have all experienced substantial gains.

• Everyday investors also have opportunities to invest in AI stocks.

🎮 Deepmind’s New AI Agent Masters Gaming

• Deepmind's new AI algorithm "Bigger, Better, Faster" mastered 26 Atari games in just two hours.

• This development highlights the impact AI is continuing to have on the gaming world.

📚 AI Narrator for Audiobooks

• Amazon, Apple, and Google are looking to use AI voices for audiobook narration.

• This could reduce production costs and provide opportunities for voice actors and authors to rent out their voices.

• However, smaller voice actors may lose work, and some listeners may not enjoy AI narration.

📺 AI Enhancing Advertising Business Models

• Snap's "My AI" chatbot is helping the company gain a better understanding of its users, enabling more tailored ad targeting.

• Personalized ads and content could lead to increased revenue for companies.

• This approach could be significant for companies navigating the Apple privacy era, where user tracking across different websites and apps is restricted.

🎵 Grammys Rejects AI Songs

• Grammys has updated its qualifications for nominations, stating that fully AI-generated songs are not eligible for awards.

• Artists can use AI in their songs as long as there's enough artist contribution (more than 20%).

More AI news

• Inside China's underground market for high-end Nvidia AI chips (link)

• Portland's bureau for emergency communications initiates AI for managing non-urgent calls. (link)

• LLMs can label data as well as humans, with 20 times faster (link)

• Open LLAMA 13B, trained on 1 trillion tokens, has been released (link)

Trending Tools & Resources 🛠️

1. Quest AI: Automatically transform your designs from Adobe XD and Figma into live web pages.. (link)

2. LongShot: From an Idea to a Fact-Checked SEO Blog in minutes. (link)

3. Sonic Link: Create your own AI replica & Let Friends and Fans chat with it. (link)

4. Framer AI: Generate and publish your site with AI in seconds. (link)

Tweet of the day 🐦

Image of the day 🖼️

Disney Characters as Cyberpunk Legends

Credits to u/GremlinBobby on Reddit

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