Amazon Going All In to AI with Massive Investment!

Welcome back, folks.

Amazon, that benevolent behemoth, has decided to throw a cool $2.75 billion into the AI bonfire that is Anthropic.

Why? Well, either Anthropic’s secret AI sauce is cooking up something extraordinary, or Amazon realized that all the other AI horses were either lame or nonexistent.

 Today in the “Incredible AI” world: 

• How to Create Engaging Video Ads with AI

• Best FREE AI Course to Join

• Amazon Invests $2.75 Billion in AI Startup

• Meta is Adding AI to its Smart Glasses

• Meta, SnapChat, and TikTok are in Court

• 6 New Super Useful AI Tools

• More AI & Tech News

Read Time: 4 minutes

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- JUST IN NEWS -

Amazon Invests $2.75 Billion in AI Startup Anthropic:

Amazon has announced its largest venture investment in its 30-year history, investing an additional $2.75 billion in Anthropic, a leading AI startup.

Things to Know:

• Investment Finalized: Amazon has completed its planned investment in Anthropic, adding $2.75 billion to the $1.25 billion committed last year. This marks Amazon’s largest venture investment yet.

• Claude 3 Models: Anthropic’s Claude 3 family of large language models has surpassed rival OpenAI’s offerings, making it one of the most powerful in the world.

• Strategic Collaboration: Amazon’s collaboration with Anthropic unlocks exciting opportunities for customers to innovate securely and responsibly with generative AI.

Anthropic’s commitment to safe and advanced AI, combined with Amazon’s infrastructure, promises transformative possibilities for the industry.

Meta is Adding AI to its Smart Glasses:

The Ray-Ban Meta Smart Glasses, a new collection of smart eyewear, combines authentic Ray-Ban design with cutting-edge technology.

Things to Know:

• Features: The Meta Smart Glasses offer hands-free access to a camera, an AI assistant, and calls. They sync photos and videos seamlessly.

• AI Capabilities: While not ChatGPT-level, the Meta AI provides virtual assistant functionality.

• Form Factor: Slim and slick, these glasses exceed expectations in terms of capabilities.

• Pricing: Available for $299, with different lens options including shades and clear.

In short, the Ray-Ban Meta Smart Glasses strike a balance between style and technology, making them a useful extension of your phone for everyday use.

Meta, SnapChat, and TikTok are Sued in Canada:

Four of the largest school boards in Ontario, Canada, have filed lawsuits against TikTok, Meta, and SnapChat. They allege that these social media platforms are disrupting student learning by being designed for compulsive use and rewiring children’s behavior.

Things to Know:

• Platforms’ Impact: The Toronto District School Board, Peel District School Board, Toronto Catholic District School Board, and Ottawa-Carleton District School Board are seeking damages for disruption to student learning. These platforms, including Facebook, Instagram, and TikTok, have knowingly and negligently designed products that prioritize screen time over well-being and education.

• U.S. Lawsuits: Similar lawsuits in the U.S., including those by California and New York, accuse Meta Platforms Inc. of harming young people by addicting them to Instagram and Facebook features.

• Universal Social Media Use: Social media is nearly universal among U.S. teens, with many using it constantly, according to Pew Research Center data.

Social media’s impact on young minds is a pressing concern, and holding tech companies accountable for their negligence is crucial for our schools and communities.

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- MORE AI & TECH NEWS -

Microsoft launches new Azure AI tools to cut out LLM safety and reliability risks.

Surprise! Public shaming works. Google will let the Pixel 8 run on-device AI after all!

Google.org launches $20M generative AI accelerator program.

MLCommons Releases New AI Benchmark to Test Speed of Responses to User Queries.

Filmora 13 Video Creator Features an AI Music Generator, AI Translation, Neu Grunge Assets, and More.

Microsoft customers complain Copilot doesn't work as well as ChatGPT. Microsoft says they're not using it right.

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