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Stability AI Introduces Text-To-Animation
⚡ Today’s Highlights
📰 News: Stability AI is revolutionizing animation with text-to-animation tools
💰 Funding: Everseen, ThreatFabric, and Ravin AI
🦾 Tools: Automate code debugging, build AI agents without code, and run open-source LLMs on any infrastructure
📅 Events: Data Innovation Summit ends today!
📰 Today's Top Stories
(3 min read) (Source: Stability AI)
TLDR: Stability AI, the company behind Stable Diffusion, has released the Stable Animation SDK, allowing artists and developers to generate stunning animations using advanced Stable Diffusion models.
Users can create animations through prompts, source images, or source videos, leveraging Stable Diffusion models like Stable Diffusion 2.0 and Stable Diffusion XL.
Three methods are available for animation creation: text-to-animation using prompts, combining text input with an initial image, or using an input video alongside text input to guide the animation process.
(2 min read) (Source: Reuters)
TLDR: Meta introduced an AI Sandbox, offering advertisers tools to create alternative ad copies, generate backgrounds through text prompts, and crop images for different mediums like social posts and stories.
The features are initially available to select advertisers for testing and feedback, with plans to expand access to more advertisers in July.
Meta's entry into the generative AI product race includes leveraging AI-powered tools for content creation, with the intention to integrate these features into general ad products later in the year.
(5 min read) (Source: AP News)
TLDR: European lawmakers have taken a significant step towards the regulation of AI with the passing of a draft AI Act, the world's first comprehensive legislation governing artificial intelligence.
The act includes regulations on facial recognition, predictive policing tools, and transparency measures for generative AI like OpenAI's ChatGPT.
The bill is expected to move to the next stage of the process after two years of negotiations, where lawmakers will finalize the details with the European Commission and member states.
Once the bill becomes law, affected parties will have a grace period of approximately two years to comply with the new regulations.
(6 min read) (Source: TechCrunch)
TLDR: The Allen Institute for AI Research (AI2) is developing the Open Language Model (OLMo) in collaboration with AMD, Surge AI, MosaicML, and the Large Unified Modern Infrastructure consortium.
OLMo aims to provide an open-source platform for researchers to use, improve, and contribute to the development of language models.
OLMo differentiates itself by emphasizing openness and offering publicly available resources, including a public demo, training dataset, API, and suitable licensing. AI2 plans to address ethical and legal concerns by working with its legal department and external experts throughout the model-building process.
(4 min read) (Source: Anthropic)
TLDR: Anthropic’s Claude has expanded its context window to 100K tokens from 9K tokens.
Claude's enhanced capabilities will now enable tasks such as analyzing 100s of pages of complex information, summarizing podcasts, assessing company reports, evaluating legislation, and providing technical answers, making it a valuable tool for businesses and partners.
💰 Funding Alerts
Everseen, a leading provider of AI-powered computer vision and hyper-automation solutions for the retail sector, raised €65 million in a Series A follow-on funding round led by Crosspoint Capital Partners (Greg Clark, Managing Partner).
Everseen's technology brings AI-powered process-aware computer vision to improve retail business outcomes, specifically addressing inventory shrinkage and enhancing checkout intelligence.
The funding will be used to further invest in Everseen's computer vision AI technology and support the company's scaling efforts.
ThreatFabric, a leading provider of fraud detection solutions and intelligence for the financial services sector, raised €11.5 million in a Seed Round led by ABN AMRO Ventures (Hugo Bongers, Managing Director) and Motive Ventures (Michael Hock, Partner), with participation from 10xFounders and 14Peaks Capital.
ThreatFabric's Fraud Risk Suite platform focuses on proactive fraud controls, utilizing advanced AI models to forecast potential fraudsters' online footprints within payment journeys.
The funds will be used to expand ThreatFabric's technical capabilities, support international expansion, and enhance its Fraud Risk Suite platform with advanced AI models for behavioral-based fraud detection.
Ravin AI, a leader in deep learning vehicle inspection technology, raised $30 million in funding to date including their first Australian investment from Firemark Ventures, the corporate venture capital arm of IAG (Scott Gunther, General Partner).
The company provides automated AI solutions for vehicle inspections using mobile and CCTV cameras.
The funds will be used to streamline and scale IAG's operations by deploying Ravin's AI-powered visual inspection solutions across a range of IAG's insurance brands, improving the condition assessment, maintenance, and repair processes for vehicles and commercial motor fleets.
🦾 Trending Tools
SciSpace Copilot - Your witty AI research assistant. Get instant explanations for complex scientific text, math, and tables. Simplify reading and understanding with follow-up questions. Discover a new dimension of research exploration.
Metabob - Automate code debugging and refactoring with AI. Detect, understand, and solve complex problems in your code. Supercharge your development process with Metabob's contextual understanding.
Fine-Tuner.ai - Build powerful AI agents without coding. Forget lengthy development cycles and expensive ML teams. Bring your data and ideas to create tailored AI agents with ease.
Aqueduct - Effortlessly run open-source LLMs on any infrastructure. Simplify the deployment and operation of LLMs with a single API call. No more headaches with data privacy, IP ownership, or cost concerns.
Plus AI - Create custom content effortlessly. Say goodbye to wasted time on slides and docs. Let Plus AI generate an outline, provide tips, and co-write slides for you. Simplify presentation building with ease.
👀 More Reading:
How AI Knows Things No One Told It (Scientific American)
End of the Billable Hour? Law Firms Get On Board With Artificial Intelligence (The Wall Street Journal)
Don’t panic, we’ll find a workaround for AI (The Times)
🌎 Fresh Content
1. Generative images and videos are rapidly changing the way that we create and consume media in many different ways. Before AI, art was reliant upon human creativity and ingenuity. But with prompting and generative AI, human creativity is blended with AI creativity to create something new. Who is the creator in this case? What is creative work in the era of generative AI? Harvard Business Review’s IdeaCast tackled these burning questions and the big question of how AI will change human creativity. (Spotify)
2. YouTuber Ticker Symbol: YOU broke down how AI technology from Stability AI, Midjourney, OpenAI, and Nvidia are changing video and gaming forever and what it could mean for hundred-billion-dollar industries like movies, video games, architecture, education, and even self-driving cars. (YouTube)
📅 Upcoming Events
The Data Innovation Summit (May 11-12, 2023 / In person in Kistamässan, Stockholm or Virtual through Agorify) is the largest and most influential annual Data and AI event in the Nordics and beyond, bringing together the most innovative minds, enterprise practitioners, technology providers, start-up innovators and academics, working with Data Science, Big Data, ML, AI, Data Management, Data Engineering, IoT and Analytics, in one place to discuss ways to accelerate AI-driven transformation throughout companies, industries and public organizations. It is the place to be for all professionals and organizations working with the utilization of data and AI innovation for enhancing customer experience, improving operational processes, enabling future sustainability, reinventing business models, or developing data-driven products and services.
TDWI Nashville (May 14—19, 2023 / In person in Nashville, TN) is a six-day conference designed for data professionals and leaders who want to build effective data strategies, scalable architectures, and drive data-driven decision-making. With 40+ courses, 14 tracks, and 3 bootcamps to choose from, you can customize your learning experience. Plus, you'll have the opportunity to network with peers, gain new skills, and drive positive change in your business and career. Hurry, registration closes on May 12.
Attend Conversational AI Summit (May 16-17, 2023 / In person at the America Square Conference Centre in London, England) to discover advances in NLP, and how application can help create digital assistants, chatbots and conversational interfaces to improve customer experience & increase engagement.
The AI & Big Data Expo (May 17-18, 2023 / In person at the Santa Clara Convention Center in Santa Clara, CA) is a must-attend event for ambitious enterprise tech professionals. Explore how AI and Big Data impact industries like manufacturing, transport, finance, healthcare, and more. Hear from 250+ expert speakers sharing their industry knowledge and experiences through solo presentations, panel discussions, and fireside chats. Register now!
Today's prompts are designed to assist you in various aspects of your business. By leveraging the capabilities of ChatGPT, you can uncover innovative marketing tactics, optimize pricing strategies, and develop employee wellness programs. These prompts are here to make your tasks easier and more efficient. Give them a try, even if you're not an "AI Whisperer," and provide us with your valuable feedback. Remember, these prompts serve as a starting point, so tailor them to suit your specific needs and carefully review the outputs to ensure their accuracy and effectiveness.
Unleash Creative Buzz
Tap into the expertise of ChatGPT to brainstorm a series of unconventional guerrilla marketing tactics that will captivate your target audience, generating buzz, and leaving a lasting impression.
Prompt: "I need you to act as an expert in creative guerrilla marketing tactics. I need your help in brainstorming a range of unique and attention-grabbing strategies. These tactics should create buzz on social media, generate excitement, and leave a memorable impression on my target audience. Take a moment to familiarize yourself with my industry, target audience, and current marketing efforts by asking me questions that will help you. Then, provide me with a list of 10 innovative guerrilla marketing ideas that align with my brand values and objectives."
Profitability through Smart Pricing
Empower ChatGPT to devise a data-driven pricing strategy that leverages market demand, competitor analysis, and customer segmentation to optimize revenue and maximize profitability for your products or services.
Prompt: "You possess the expertise in data-driven pricing strategies. I need your assistance in developing a comprehensive plan that dynamically adjusts the prices of my products or services based on various factors such as market demand, competitor analysis, and customer segmentation. Please outline the key components of this pricing strategy, including the data sources to consider, the pricing algorithms to implement, and the metrics to track. Ask me questions to understand the context and details required to provide evidence-based strategies. Let me know when you're ready to begin."
Cultivating a Healthy Workforce
Collaborate with ChatGPT to design an employee wellness program that integrates mindfulness practices, mental health support, and work-life balance initiatives, fostering a productive and harmonious workforce while reducing burnout and turnover.
Prompt: "As an expert in employee wellness programs, I'm seeking your guidance to create a comprehensive plan that prioritizes the well-being of my workforce. The program should incorporate mindfulness practices, mental health support, and work-life balance initiatives. Begin by asking me questions and understanding the current work environment, employee demographics, and existing resources available. Then, develop an outline of the key elements, activities, and resources needed for a successful employee wellness program. Confirm your readiness by saying 'Ready to create a holistic wellness plan,' and feel free to request any additional information required."