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Instagram spotted developing a customizable ‘AI friend’

📰 Quick News 📰

💰 Govly is transforming the world of federal contracting. The U.S. government signs over 11 million contracts yearly. Govly aims to simplify this process, helping companies easily spot and analyze required federal contracts, shifting the landscape from complex to clear.

🛡️ Microsoft is launching the Secure Future Initiative (SFI) in response to several recent cybersecurity breaches and issues. The SFI is a large-scale effort changing how Microsoft designs and operates its software, and it is the biggest internal security overhaul since 2004. Through AI and automation, Microsoft seeks to increase the security of its cloud services and reduce response times.

😬 Instagram spotted developing a customizable ‘AI friends’ - whether you want them enthusiastic, witty, reserved, creative, or empowering, Instagram's AI friend can embody it, also sharing your interests and being called a name of your choosing.

⚙️ AWS has introduced a service, Amazon Elastic Compute Cloud (EC2) Capacity Blocks, that allows for the rental of Nvidia GPUs for short-term AI projects. This innovative approach offers users access to these high-demand resources for a defined amount of time, improving cost-efficiency and availability for AI-related tasks, while also allowing AWS to capitalize on varying supply and demand.

🎭 Scarlett Johansson launched a legal battle against an AI app developer for creating and using an AI-generated version of her voice in their advert without her permission. This raised the issue of AI technology overstepping personal boundaries.

📎 Microsoft 365 Copilot, an AI assistant, is now launched for select enterprise customers at $30 a month per user. It provides features like document summarization, email generation, and improved Excel analysis. However, customers must have at least 300 users to qualify for this service.

🤖 Brave's Leo AI Browser assistant is now available to desktop users - comes with features such as webpage summarizing, text translating, and rewriting phrases.

📚 Nerd section 📚

🎨 Lost in DALL-E 3 translation - the article investigates the workings and implications of OpenAI's latest AI model - DALL-E 3, which generates AI images based on multilingual prompts. The model, unfortunately, exacerbates existing biases and stereotypes in its interpretations.

 Build your own Q&A App with OpenAI: A beginner's guide - the tutorial provides a step-by-step instructgions - creating an OpenAI and SingleStore account, installing necessary libraries and initiating APIs. Opportunities for app usage range from customer service to financial advice and more.

🌐 Web section 🌐 

🕸️ What's this new section about?

On days when there's a lot of news, we aim to keep our newsletter short and sweet.

So here (but not in the email version) we're adding AI-related stories that may be slightly less attention-grabbing, but still could move the needle in specific sectors and fields.

🏘️ Cambridge University has trained an AI tool to recognize homes that are 'hard-to-decarbonize', responsible for 25% of direct housing emissions. It's a cost-effective, speedy, and promising avenue to having more environmentally friendly homes.

🤯 The potential risk of AI has been compared to a pandemic or nuclear warfare, as emphasized by Rishi Sunak. World leaders are gathering to define guidelines for AI safety tests. The Bletchley Declaration, signed by 28 governments, sets a path towards shared safety standards.

💲 The joint venture of Dell, Intel, and the University of Cambridge has led to the launch of the UK's fastest AI supercomputer to date. It's the cornerstone of the UK's recently established AI Research Resource, demonstrating the commitment to exploring system innovations and catering to various domains from healthcare to energy.

👩‍🎨  Midjourney update brings ability to create custom styles - enabling users to customize and apply unique styles to their generated images, greatly enhancing the personalization of digital content.

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Until tomorrow,
- Ts (Bits and Neurons)