Good morning! Here's your AI Trends dose, the newsletter that's like a seasoned tour guide, leading you hand-in-hand through the bustling cityscape of AI, tech, and innovation. We'll show you the sights, feed you the bites, and entertain you with enlightening tales from every corner.

Fasten your seatbelt and let's hit the ground for today's enlightening tour:

AI Trends Favourites 🤩

Synthesia.io: Unleash the power of AI in your storytelling! Synthesia.io is revolutionizing the way we create videos, blending cutting-edge artificial intelligence with ease of use. Imagine crafting realistic, engaging videos without a camera or actors, just with a few clicks.

WordAI: 10x Your Content Output With AI. Use artificial intelligence to cut turnaround time, extend your budget, and create more high-quality content that Google and readers will love.

Mistral AI Closes USD 415 Million Funding Round 💰🚀

The romance between artificial intelligence (AI) and mega-millions shows no signs of waning, at least not on European soil. The latest love story has sprung up between investors and Mistral AI, a French AI startup, which has successfully closed a funding round totaling an impressive USD 415 million, setting its aspiration of becoming a strong rival to OpenAI and boosting the AI race in the EU.

This French AI giant, which garnered this colossal sum of capital in its recent funding round, focuses on creating open-source technology for generative AI tools, chatbot development, and customizable features. Andreessen Horowitz, along with early investors Lightspeed Ventures, lead this round to develop their open-source technology and software, raising the company's valuation to a sturdy 2 billion dollars. Who said "money can't buy happiness"?

💰 Apparently, the Eiffel Tower isn't the only structure growing in France!

Last Friday, European Union regulators reached a "historic" agreement on AI requirements. This agreement brings with it an array of AI-related aspects, from government use for biometric surveillance to the regulation of powerful AI models, such as ChatGPT. This could be a big step for companies like Mistral AI, whose goal is to launch products to the general public by early 2024.

Finally, with these new funds, Mistral AI will undoubtedly continue bolstering its efforts to be a global contender in the AI sphere. Its commitment to an open, responsible, and decentralized approach to technology is a testament to its aspiration to lead in the AI race. Goodbye Microsoft, hello Mistral!

Meta Launches Standalone AI-Powered Image Generator 🎨🤖

Meta is taking things to the next level with the release of "Imagine with Meta." This generative artificial intelligence (AI) tool allows users to create realistic images simply by describing them with words. Its competitors may require technical or artistic knowledge, but with Imagine, all you need is a correct command of the language and overflowing creativity.

Imagine operates with Meta's image generation model called "Emu", which is capable of producing four high-resolution images from simple text instructions. Unlike the usual chat feature, this service is completely free (at least for now) and it is available to all users in the United States.

💡 Who needs a brush when you have AI to paint your perfect picture!

This release has a double edge. While the creative potential it brings is very exciting, we also must remember that Meta's image generation tools have provoked controversy in the past. The company, for example, has faced problems with AI sticker generators with racial biases. So, reading this news might make you question whether preventive measures have been implemented in Imagine to avoid repeating the past?

Despite any concerns, it is clear that AI is changing the way we create and experience art. Soon, Meta will begin adding invisible watermarks to all images generated by Imagine to ensure traceability and transparency. This seems to be becoming a trend as many tech companies are being pressured to clearly demonstrate when a work has been generated by AI.

In the end, the rollout of "Imagine with Meta" adds another interesting competition in the field of AI and creativity. Undeniably, it will change the way we interact, experience art and, most importantly, remain vigilant as the service reaches more users.

With AI Studio, Google Launches a User-Friendly Tool for Developing Apps and Chatbots Based on Its Gemini Model 💻🚀

All aboard the artificial intelligence train! Google has recently launched AI Studio, a solution within reach for developers to create applications and chatbots using its newly announced Gemini model. But that's not all. AI Studio is a web tool that not only introduces developers to the Gemini ecosystem, but also provides them with the ability to access the code and work in their own IDEs.

And the best part? According to Google, there is a fairly generous free quota, with up to 60 requests per second, which seems to be enough to allow ideas to flow quickly without having to deal with heavy restrictions and could even be the driving force behind some less-used applications in productions. However, of course, nothing in life is really free. In this case, Google's reviewers will see the API and web application input and output to, according to them, "improve the quality of the product". But they promise that this data will not be identified via the user's Google account and API key.

💻 Who needs Da Vinci codes when we have Google's Gemini codes?

The launch of AI Studio by Google adds a valuable tool to developers' arsenal. With support for Gemini Pro and eventually Gemini Ultra, developers can handle both text and images, expanding the possibilities of what they can create.

In summary, while AI Studio is just taking off, it seems that Google has taken the right path to success. They are listening to user feedback, creating intuitive workflows, and above all, are looking to make the transition between AI Studio and other platforms like Vertex as smooth as possible. As the landscape of Artificial Intelligence continues to evolve, there is no doubt that Google is leading developers to make a big leap towards a new horizon of creations.

AI Bites 🍪

Google Found Faking It, Lambasted Over Gemini AI Demo Video. AI expert Rowan Cheung criticized the demo, noting that frames were extracted, and prompts were entered off-camera, not live as suggested.

A test of the new Gemini-powered Bard against ChatGPT. We run the models through seven categories to determine an updated champion.

Phi-2: The surprising power of small language models. “Phi” achieved remarkable performance on a variety of benchmarks.

Watch this, thank me later... 👀

👟 Augmented Reality Catalog. The future of online shopping? 👀

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^{The content of this newsletter is for educational and informational purposes only and should not be construed as financial advice. Conduct your own research or consult a financial professional before making investment decisions.}