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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 -📈 Samsung, AMD Profit from Soaring AI Chip Demand

Samsung's second-quarter profits soared due to booming demand for its memory chips, essential components for AI development. The South Korean tech giant significantly outperformed expectations, driven by strong sales of HBM chips and other memory products. As AI investments continue to grow, Samsung is expanding production to meet increasing demand and is poised to benefit from the ongoing AI chip race.

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2 - 🚷 Meta Ditches Celebrity Chatbots, Focuses on AI Creation Tool

Meta has pulled the plug on its celebrity AI chatbots. Less than a year after launching AI personas of stars like Charli D'Amelio and Dwayne Wade, the tech giant has shifted focus to its new AI Studio tool that allows users to create their own AI chatbots. While Meta invested heavily in the celebrity bot project, the company is now prioritizing a more user-centric approach to AI interactions.

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3 - 🕵🏻 Google Cracks Down on Deepfakes with Search Penalty

Google is taking a stand against deepfakes by introducing new tools to easily remove explicit, non-consensual fake images from search results. The company is also adjusting search rankings to prioritize real, high-quality content over fake images and penalizing websites that repeatedly host this harmful material. These measures aim to protect users from the damaging effects of deepfake pornography and misinformation.

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4 - 📱 Apple Unveils AI-Powered Siri Upgrade

iOS 18 brings a dazzling new look to Siri, with the entire phone glowing around the edges when activated. While this latest update offers improved language understanding and a new text-based interface, the full power of Siri's AI integration is still on the horizon. Meanwhile, other AI features like email summarization and enhanced photo search are already making a positive impact.

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5 - 🏛️ States Brace for AI-Fueled Election Interference

Bipartisan concern over AI-generated election interference has led to varied laws across the U.S. to combat misinformation and deepfakes. Over a dozen states, including Florida, New York, and Arizona, now require disclosures in political ads using deepfake content. Violations can lead to hefty fines or prison time. Despite these efforts, questions remain about the laws' effectiveness and whether Congress can implement federal regulations before upcoming elections. Tech companies like TikTok and Meta have started labeling AI-generated content, but swift federal regulation is still uncertain.

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Written by AI Bulletin team - Australia
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