💡 Meta’s foray into AI will revolutionize social media

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Today you need to know:

• 💡 Meta’s foray into AI will revolutionize social media

• 💬 Alibaba and Huawei to launch chatbots. 

• ⌨️ Team of EU start-ups working on improving non-English chatbots

• 🤝 Emerging countries trust AI more than developed countries

• ⚒️ 5 new tools powered by AI

Plus a lot more! This email will take 5 minutes. Off you go! 🚀

📌 BIG NEWS

Meta's Foray into AI Will Revolutionize Social Media

Meta's generative AI technology is set to revolutionize social media use and advertising for companies.

Andrew Bosworth, the company's Chief Technology Officer, said that AI would be incorporated into its apps this year, including AI personas and AI-powered social media ads.

In a previous announcement, Meta's Chief Executive Officer Mark Zuckerberg said AI personas would help people in various ways across the company's social media apps and services.

The generative AI-powered ads, meanwhile, would enable brands to target different types of users on Facebook and Instagram.

Incorporation in Metaverse is also on the way as the company explores AI's potential in creating virtual worlds.

Meta signals its big push to AI this week with the release of a new AI model called "Segment Anything Model" (SAM), which can detect objects in images and videos, even those not included in its training.

🧑‍💻 MORE HEADLINES

Qualcomm AI chips beat Nvidia's in efficiency. 📀 Test measures power efficiency for inference tasks. Qualcomm beats Nvidia in 2 tests. Market for inference chips expected to continue growing. (Reuters)

Alibaba and Huawei to launch chatbots. 💬 Alibaba unveils large-scale model. Huawei introduces Pangu. Response to local demand for ChatGPT-like tech. (The Register)

Lucrative investment opportunities in AI and medicine seen. 🩺 AI is transforming healthcare. Bilingual scientists in demand. Big opportunity for mid-career talent. (CNBC)

Team of EU start-ups working on improving non-English chatbots. ⌨️ Aims to capture European language. Goal is to build an accurate language model. Response to criticism over reliance on US tech use. (Financial Times)

Study finds people in emerging countries trust AI more than developed countries. 🤝 Brazil, India, China, and South Africa have the highest engagement with AI. Total of 67% of the overall population feels optimistic about the potential of AI. Survey involved 17,000 people from 17 countries. (Decrypt)

💼 AI FUNDING

AssetFloow raises $1.6M for AI technology. 🛒 Tech analyzes customer behavior in stores. Creates a "Digital Twin" of the store. Allows analysis of purchase patterns and behaviors. Funding to be used for expansion. (Tech Funding News)

Teton.ai gets $5.3M in funding. 👩🏻‍⚕️ Offers an AI assistant for nurses. Helps monitor patients and alerts nurses. Plans to expand its product internationally. Aims to build a full virtual nurse to support healthcare workers wherever. (Finsmes)

University of Birmingham wins $1.5 million funding to offer to AI and data science scholars. 🎓 Funding aims to address digital skills gaps. Grant is for machine learning and AI ethics courses. Total of 120 master's scholarships will be offered. (Birmingham)

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🛠️ TOOLS

• InterviewAI. Generates tailored interview questions. Pre-loaded question library available. Provides tools to manage interviews. Generates smart follow-up questions.

• GeniePM. Helps create user stories and use cases for IT dev projects. Generates full set of product dev tickets. Compatible with JIRA and Notion.

• Bappfy. Allows users to create apps from any website. No coding required. Builds online app in less than 10 minutes. Offers universal templates and newsletter manager.

• Nureply. Uses AI to get more replies. Automates email campaigns and follow-ups. Writes personalized cold emails easily. Optimizes for high open/response rates.

• Nichely. Uses AI for SEO topic and keyword research. Constructs comprehensive topic clusters. Finds long-tail keywords. Provides subtopics, topic overviews, definitions, and FAQs.

🔬 AI SAFETY & ETHICS

Australian mayor may sue OpenAI. 🚨 ChatGPT falsely claimed he served prison time for bribery. Possible lawsuit would be landmark moment. OpenAI was given 28 days to fix errors. (Reuters)

Parents' concern over AI's growing presence on Snapchat. 🚸 Safety issues raised. Snapchat rolls out new safety measure tools. But parents are struggling to keep up with the technology. (NBC News)

Multiple governments express concerns about AI. 🔈 Canada, Germany, France, and Sweden raised issues with ChatGPT. Issues are about privacy and data security. AI bans may not be realistic. (Decrypt)

🎙️ FROM PODCASTS (Powered by Deciphr AI)

Machine Learning Street Talk: Current AI tech is not robust. Trained on conspiracy-laden internet. Produces plausible text with errors. Can lead to unreliable results. Needs human oversight. ["#109 - Dr. DAN MCQUILLAN - Resisting AI" episode at 01:07:51]

Brain Inspired: Relationship between neuroscience and AI is complex. AI has been useful for neuroscience research. Some downplay the relevance of neuroscience. But, it has inspired the structure of deep learning models.["BI 159 Chris Summerfield: Natural General Intelligence" episode at 00:09:01]

Adventures in Machine Learning: Chatbots can be exploited. Bots can be manipulated. Need for security controls raised. Cybersecurity start-ups need to focus on verification and pattern recognition.["Protecting Your ML From Phishing And Hackers - ML 101" episode at 00:26:55]

🏥 AI HEALTH & MEDICINE

AI outperforms humans in heart scans. 🫀 AI is better than humans at assessing heart ultrasounds. Helps measure heart function faster and more precisely. Researchers hope to get approval from the FDA and the EU soon. (Medical Xpress)

New AI chatbots for doctors to reduce paperwork burden. 📝 Tech to improve patient-doctor relationships. But experts warn of possible errors and biased outcomes. Interest among doctors remains high. (NPR)

Study evaluates reliability of ChatGPT for health advice. 🩺 Chatbot provides correct info 88% of the time. Questions related to breast cancer screening were evaluated. Researchers suggest relying on doctor, not ChatGPT for advice. (News Medical)

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That's it for today! This newsletter was made with the help of AI-driven research. ✌️