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Here are 5 things you missed today in the world of AI. Because we get it, life is busy & who has the time to sit around and keep up with the fastest moving industry right now - here are 5 things we think you need to know in the world of AI.

1 -💰 Meta Opens Up Industry-Leading AI Model Llama 3.1 405B

Meta released the latest version of its open-source Llama large language models, including the massive 405B-parameter Llama 3.1 405B. This model rivals closed-source competitors in capabilities and is a step towards making open-source AI the standard. Meta believes open-source AI will benefit society more by ensuring wider access, preventing concentrated power, and promoting safer development.

READ THE FULL ARTICLE HERE ➯

2 - ✍🏻 Adobe Enhances Illustrator and Photoshop with Generative AI Features

Adobe is giving designers a boost with new AI-powered tools for Illustrator and Photoshop. Illustrator gets a major upgrade with features like Generative Shape Fill, which lets users describe what they want in a shape using text, and Mockup, which helps visualize designs on real-world objects. Photoshop gains better image generation and object selection tools. While some worry AI might replace designers, Adobe says its goal is to empower them and make their work faster and more creative.

READ THE FULL ARTICLE HERE ➯

3 - 🏷️ FTC Probes Potential AI Bias in 'Individualized' Pricing Schemes

The FTC is investigating the growing practice of "surveillance pricing" where businesses use customer data like location, browsing history, and income to set different prices for the same product. While companies deny raising flight prices based on searches, the FTC is concerned about the potential for unfair pricing and is looking into how this practice might affect privacy and competition.

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4 - 😱 OpenAI Reassigns Top Safety Exec to Focus on AI Reasoning

OpenAI reassigned its AI safety chief, Aleksander Madry, to a new role focused on AI reasoning. This decision comes amidst mounting concerns about safety practices at OpenAI and the broader AI industry. Lawmakers are requesting more information on safety measures and a group of current and former employees is calling for stronger oversight.

READ THE FULL ARTICLE HERE ➯

5 - 🏎️ Tandem Drifting Toyotas Showcase AI's Role in Handling Slippery Roads

Stanford and Toyota researchers are using self-drifting Supras to develop advanced safety systems for future cars. While the synchronized drifting is impressive, the project focuses on using AI to analyze car behavior in extreme situations, similar to slippery roads, to automatically regain control and prevent accidents.

READ THE FULL ARTICLE HERE ➯

Written by AI Bulletin team - Australia
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