AI News - July 21, 2024

Hello,

💌 Welcome to Our AI Weekly Roundup! 💌

We're excited to bring you this week's roundup of the most fascinating AI news, updates, and breakthroughs! Grab a cup of your favorite beverage, sit back, and explore the incredible world of AI with us.

🔥 Top AI Stories of the Week

  1. Salesforce jumps into the AI Agent space with Einstein, a new service for customer self service. [Link]

  2. Google reveals Oscar, a new agent-based AI platform to help maintain open source projects. [Link] [Link]

  3. Chinese company TenCent releases a new AI model, Instantmesh, to render three dimensional models from a static photograph. [Link]

  4. OpenAI launches GPT-4o mini, a small and more affordable version of GPT-4o that outperforms GPT-3.5 Turbo. [Link]

  5. Dr. Fei Fei Li, the so called ‘Godmother of AI” founds a new startup called World Labs which is already worth a billion USD. [Link]

  6. Donald Trump and his allies draft a sweeping AI executive order for military use. [Link]

  7. Jamie Dimon, CEO of JP Morgan says his company will add thousands of AI jobs. [Link]

  8. Forty percent of Japanese companies have no plans in place to adopt AI. [Link]

  9. New York based Wiz, an AI cybersecurity company may be acquired by Google for 23 billion USD. [Link]

  10. Anthropic releases Android app for Claude in bid to take market share. [Link]

  11. Andrej Karpathy, former head of AI at Tesla Motors, forms Eureka Labs, a startup to power education with generative AI. [Link]

  12. Menlo Ventures and Anthropic partner to create a one hundred million USD venture capital fund for startups. [Link]

  13. AI is fueling uncertainty for computer game developers. [Link]

  14. Microsoft is being investigated by regulators in the United Kingdom over its acquisition of UK developer Inflection. [Link]

  15. Researchers at MIT have developed an AI model that allows for the prediction of thermal properties of materials. [Link]

  16. Advanced Micro Devices (AMD) shows off its new Ryzen AI chips built on its new Zen 5 chip architecture. [Link]