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AI Newsletter – 28 July 2024

Curated by Subhash Palsule

Meta will not release the multimodal versions of its AI products and models in the EU

The reason Meta says is because of an unpredictable regulatory environment. It means EU users of Llama-3 (Ray-Ban Meta) will not have access to future multimodal versions of Llama-3 and won't be able to use the image understanding features.

My take: Regulation can be a boon and a bane for common public.

Meta releases Llama 3.1 405B

The first-ever open-sourced frontier AI model. It is said to be beating top closed models like GPT-4o across several benchmarks.

My take: Open source AI models will be heavily used by industry.

AI Agents are coming as per Mark Zuckerberg

Mark says, every business will have AI agents which their customers can talk to, just like Email address, website or social media presence. These agents will handling their customer support, sales, communicate with other people and so on.

My take: This looks like a game changer for small businesses. Good opportunity for companies to create 'plugin' solutions for small businesses.

OpenAI is testing SearchGPT

SearchGPT has AI search features that give you fast and timely answers with clear and relevant sources. They plan to integrate the experience into ChatGPT.

My take: Could this mark the end of Google's era? Can compete with established search engines like Google? It will be an interesting to watch.

Amazon Grows To Over 750,000 Robots

It has become one of the largest employer of robots.

My take: Robots are going to reduce repetitive, tedious and labour intensive jobs. It is inevitable.

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