Microsoft Adds OpenAI as Competitor!

Welcome back, folks.

Microsoft’s relationship with OpenAI has officially become more complicated. Microsoft added the AI startup to the list of competitors in the company’s latest annual report.

This is really crazy! I bet you want to know the details. So, let’s get into this. . .

Today in the “Incredible AI” world:

• Microsoft Adds OpenAI as Competitor

• How to Succeed on Twitter with AI

• Chrome Has 3 New AI Features

• EU's AI Law Enters into Force

• 6 New Super Useful AI Tools

• AI Image of the Day

Read Time: 4 minutes

- LATEST DEVELOPMENTS -

Microsoft Places OpenAl on List of Al/Search Rivals:

Microsoft has officially listed OpenAI as a competitor in AI and search. This marks a significant shift in their relationship, despite Microsoft’s $13 billion investment in OpenAI. The change comes amid increasing regulatory scrutiny and antitrust concerns.

Things to Know:

• Historical Partnership: Microsoft and OpenAI have had a long-standing partnership, with Microsoft investing heavily in OpenAI and integrating its models into various products. Despite this, Microsoft now views OpenAI as a competitor in both AI and search.

• Regulatory Concerns: The shift in Microsoft’s stance is likely influenced by ongoing antitrust investigations. The FTC is examining Microsoft’s relationship with OpenAI, alongside other cloud provider investments in AI startups, raising concerns about market dominance.

• Search Competition: OpenAI’s new SearchGPT feature has positioned it as a direct competitor to Microsoft’s search offerings. This development has prompted Microsoft to reassess its competitive landscape, listing OpenAI alongside other major players like Google.

Microsoft is diversifying its AI strategy by investing in other AI ventures and talent. The company recently hired co-founders of Inflection AI to lead its new AI division, signaling a broader approach to AI development beyond OpenAI.

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- AI TUTORIAL -

How to Succeed on Twitter with AI:

Twitter is a powerful way to share longer-form content, tell stories, and engage your audience. But crafting well-formatted and attention-grabbing Twitter posts can be challenging.

That’s where Typefully comes into play. Typefully is an AI-powered tool designed to enhance your Twitter thread writing experience.

Typefully is a web-based platform that simplifies the process of composing and formatting Twitter threads.

Whether you’re a seasoned tweeter or a newbie, this tool offers features that enhance your writing and make your threads stand out.

Key Features of Typefully:

• Typefully provides a distraction-free writing environment.

• In-built AI lets you condense your text and fix grammar.

• Ensure consistency, readability, and flow.

• AI helps you craft engaging thread starter.

• Convert your thread into a single, easy-to-read blog-style post.

• Change the tone of text using AI.

In short, with Typefully, you can elevate your Twitter game and create threads that captivate your audience.

So, if you REALLY want to establish a brand on Twitter, Typefully is the way to go.

3 New Chrome AI Features for Even More Helpful Browsing:

Google has introduced Gemini-powered features to Chrome’s desktop version. These include Lens for desktop, tab compare for shopping, and natural language search history. These updates aim to enhance user experience and functionality.

Things to Know:

• Lens for Desktop: Google Lens is now available on desktop, allowing users to select parts of a page and ask questions. This feature will help users find similar items or get more information about objects.

• Tab Compare: The new Tab Compare feature aids in shopping by summarizing similar items across different tabs. It provides details like product specs, features, prices, and ratings, making it easier to compare products.

• Natural Language Search: Users can now search their browsing history using natural language queries. This feature helps find previously visited pages based on vague details, enhancing the search experience.

• AI Overviews: Depending on the query, users might receive AI-generated overviews in their search results. This addition aims to provide more comprehensive answers and improve the overall search experience.

These Gemini-powered updates are set to roll out globally in the coming weeks. They promise to make Chrome more intuitive and user-friendly, enhancing both shopping and search functionalities.

EU's Sweeping AI Law Enters into Force:

The EU AI Act, effective August 1, 2024, introduces stringent regulations on AI development and use. This landmark legislation primarily targets large U.S. tech firms, enforcing compliance with new standards to mitigate AI risks.

Things to Know:

• Scope and Purpose: The AI Act aims to create a harmonized regulatory framework for AI across the EU. It addresses the negative impacts of AI, ensuring safe and ethical development and deployment.

• High-Risk Applications: High-risk AI systems, such as autonomous vehicles and medical devices, face strict obligations. These include risk assessments, high-quality training datasets, and detailed documentation to ensure compliance.

• Unacceptable AI Uses: The Act bans AI applications deemed unacceptable, like social scoring and predictive policing. These measures aim to protect citizens’ rights and prevent misuse of AI technologies.

• Impact on U.S. Tech Firms: U.S. tech giants must adapt to these regulations, even if they operate outside the EU. Compliance is mandatory for any AI systems used by EU customers, emphasizing global regulatory influence.

The EU AI Act sets a precedent for global AI governance, impacting U.S. companies significantly. Adapting to these regulations is crucial for maintaining market access and ensuring responsible AI practices.

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- AI IMAGE OF THE DAY -

The Modern Ninja:

Prompt:

"A playful and adorable ninja Pomeranian, dressed in a miniature ninja costume with a black mask and a sword. The tiny dog is shown leaping into the air with its ears blowing in the wind. The background features a traditional Japanese-style village with cherry blossoms in full bloom, creating a serene and whimsical atmosphere."

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