Good Morning,

Amazon has reportedly developed a new AI model codenamed Olympus, designed with advanced video and image processing capabilities, and it could be released as soon as next week.

TODAY IN MORNING AI

• Amazon Unveils 'Olympus': New AI Model Set to Revolutionize Tech

• ByteDance, the owner of TikTok, is reportedly suing a former intern

• Databricks is said to be raising at least $5 billion

• Google Labs has launched GenChess

• AI fun fact

  and more…

Read Time: 4 Minutes 23 Seconds

AI HEADLINES
TOP AI STORIES

• ByteDance, the owner of TikTok, is reportedly suing a former intern for $1.1 million, accusing them of deliberately sabotaging the company's AI language model training infrastructure through code manipulation.

• Databricks is said to be raising at least $5 billion at a substantial $55 billion valuation, with the funding round aimed at providing employees an opportunity to cash out and potentially postponing plans for an IPO.

• Google Labs has launched GenChess, a new web experiment using Gemini Imagen 3 that allows users to create custom chess pieces with AI-generated images.

• OpenAI has filed to trademark its O1 'reasoning' models, also revealing an unusual prior application in Jamaica made months before the model's official announcement.

• Mistral AI has introduced its Mistralship Startup Program, offering selected startups $30K in platform credits, dedicated support, and early access to new models over a six-month period.

AI DEVELOPMENT
Amazon Unveils 'Olympus': New AI Model Set to Revolutionize Tech

Amazon has reportedly developed a new AI model codenamed Olympus, designed with advanced video and image processing capabilities, and it could be released as soon as next week.

Key Details:

The model is said to excel in detailed video analysis, capable of tracking specific elements such as a basketball's trajectory or identifying issues with underwater drilling equipment.

While it may not match OpenAI or Anthropic in text generation sophistication, Olympus aims to compete by offering specialized video processing and competitive pricing.

This development follows Amazon's $8 billion investment in Anthropic, hinting at a strategy that combines both partnerships and in-house AI advancements.

The Olympus model was first discovered by The Rundown over a year ago, indicating a lengthy development process.

Why it matters: Despite remaining relatively quiet in the AI race, Amazon appears poised to make a significant impact. By concentrating on video analysis, the company is targeting a niche market that could attract industries such as sports analytics, media, and more.

TOOLBOX
SOME USEFUL AI TOOLS

• Hume + Anthropic Computer Use – Enables developers to build apps that allow full computer control using only voice commands.

• Snappy Retro – Instantly create retro boards, share URLs, and collaborate in real-time.

• ElevenLabs GenFM – Generate personalized podcasts from PDFs, articles, eBooks, links, or text in 32 languages using the ElevenReader iOS app.

• Replicate Consistent-Character – Generate images of the same character in various poses.

• AISuite – An open-source Python package by Andrew Ng that simplifies the integration of LLMs from multiple providers for developers.

PROMPT OF THE DAY
Craft Targeted Ads with ChatGPT

PROMPT👇

Using the "Growth Hacking Playbook" framework, create an advertising campaign plan that provides a structured approach to identifying, testing, and scaling growth opportunities for our [product/service]. Include specific tactics and key metrics to assess the effectiveness of this approach.

The "Growth Hacking Playbook" framework helps drive rapid, data-driven growth by identifying high-impact opportunities, testing strategies efficiently, and scaling the most effective tactics. It allows for cost-effective growth, quick adaptation to market changes, and continuous optimization, ensuring sustained results with minimal resources.

AI DESIGNS

Create a realistic full-body image of a woman with long, black hair, standing in an autumn landscape transitioning to winter. She is dressed in a stylish, modern outfit: a cozy oversized knit sweater, fitted jeans, and ankle boots. A chic, warm scarf is wrapped around her neck, and she has a light, elegant coat draped over her shoulders. She is standing near a large tree that is shedding its final leaves. The sunset light gently illuminates the scene, casting a soft golden glow. The atmosphere is reflective and serene, with fallen leaves covering the ground and a cool breeze lightly moving her hair. The sky has faint shades of gold and grey, signaling the end of the day. The image should capture the sense of change and inner reflection that comes with the end of a cycle.

AI FUN FACT
DID YOU KNOW?

AI is helping doctors diagnose diseases more accurately. For example, AI tools can analyze medical images like X-rays and detect conditions such as cancer earlier than humans in some cases, acting as a valuable second opinion for doctors.

It’s a wrap!

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