AIR#145 - July 30, 2024

Good morning, AI aficionados! As you sip your morning coffee, get ready to dive into today's edition of AIR: The AI Recon. Leading the buzz is Meta's latest marvel, SAM 2, now available on GitHub. This cutting-edge tool can segment anything in images and videos with real-time processing, making it a game-changer for developers. If you're into visual AI or just love tinkering with the latest tech, this one's a must-read. Meanwhile, investors are getting jittery as AI investments struggle to deliver the promised profits, sparking fears of a tech bubble reminiscent of the dot-com era. This story is a crucial read for anyone keeping an eye on the financial dynamics of the AI industry.

But that's not all! Augmend's TreeSeg algorithm is turning heads by converting large transcripts into neatly titled chapters, now open-source for all you developers out there. This tool promises to revolutionize session analysis and documentation, making it easier than ever to navigate through lengthy transcripts. And speaking of developers, don't miss out on the free course by industry experts on mastering LLMs. Covering everything from evals to fine-tuning, this course is perfect for anyone looking to build the next big AI product.

And for a touch of the uncanny, Ferrari's CEO recently thwarted a deepfake scam with a simple, CEO-specific question, highlighting the growing threat of AI-based fraud. This story underscores the importance of cybersecurity in our increasingly AI-driven world. Whether you're here for groundbreaking tech updates, ethical debates, or the latest industry buzz, today's edition is packed with stories that will both intrigue and challenge you. So, sit back, sip your coffee, and let's delve into the dynamic world of artificial intelligence together!

Business

Investors Alarmed: AI Fails to Deliver Profits
Investors are worried as AI investments fail to yield profits, sparking fears of a tech bubble reminiscent of the dot-com era.

Apple Unveils First Preview of Apple Intelligence AI
Apple unveils Apple Intelligence in iOS 18.1 beta, enhancing Siri and more. Available to developers, public release expected later this year.

Silicon Valley's Trillion-Dollar AI Gamble: Will It Pay Off?
Silicon Valley's trillion-dollar AI gamble: Will massive investments in generative AI pay off or lead to another tech bubble?

Ferrari Exec Thwarts Deepfake Scam with CEO-Only Question
Ferrari exec thwarts deepfake scam by asking a CEO-specific question, revealing the impersonator and protecting the company.

AI Slashes Lumbar Spine MRI Interpretation Time
AI cuts lumbar spine MRI interpretation time from 23 to 9 minutes, boosting efficiency and consistency for radiologists.

AI Revolutionizes Hurricane and Global Weather Forecasting - The New York Times
AI rapidly improves hurricane and global weather forecasts, predicting paths with speed and accuracy, potentially saving countless lives.

Microsoft's AI Spending Sparks Investor Concerns Over Slow Payoff
Microsoft's AI spending raises investor concerns as Azure growth steadies, questioning short-term payoff. πŸ“‰

Apple's AI Models Trained on Google's Custom Chips
Apple's AI models were pretrained on Google's custom TPUs, indicating a shift from Nvidia's GPUs for AI training.

'I Need to Identify You': How One Question Saved Ferrari from a Deepfake Scam
Ferrari CEO thwarted a deepfake scam with a simple ID question, highlighting rising AI threats against major companies.

Elon Musk Says Robotaxis Are Tesla's Future, but Experts Doubt
Elon Musk envisions Tesla's future in robotaxis, but experts remain skeptical about the feasibility and profitability of the plan.

Tesla to Sell Optimus Humanoid Robot in 2026
Elon Musk announces Tesla's Optimus humanoid robot will be sold in 2026, aiming for high production and widespread use.

Sam Altman Calls for US-Led AI Freedom Coalition to Counter Authoritarian Regimes
Sam Altman urges a US-led AI coalition to counter authoritarian regimes and ensure AI promotes freedom and democracy worldwide.

Engineering

TreeSeg: Hierarchical Topic Segmentation for Large Transcripts by Augmend
Augmend's TreeSeg algorithm converts large transcripts into titled chapters, enhancing session analysis and documentation. Now open-source!

Mastering LLMs: Free Course by Industry Experts
Free course on mastering LLMs by top industry experts, covering evals, RAG, fine-tuning, and more. Perfect for AI product builders!

πŸ”₯ [GitHub] Meta's SAM 2: Segment Anything in Images and Videos
Meta's SAM 2 now on GitHub: Segment anything in images and videos with new transformer model, real-time processing, and extensive dataset.

Meta's Llama 3.1 AI Now Free Online
Meta's Llama 3.1 AI is now free online! Explore its powerful models and capabilities without any restrictions.

[Paper] Apple’s On-Device and Server Foundation Language Models
Apple unveils efficient on-device and server AI models to power iOS 18, iPadOS 18, and macOS Sequoia, focusing on Responsible AI.

[GitHub] Multimodal RAG with Meta Chameleon 7B using Radient
Meta Chameleon 7B uses Radient for multimodal RAG, vectorizing audio, text, and images into a unified embedding space for efficient retrieval.

A Visual Guide to Quantization: Demystifying Compression of Large Language Models by Maarten Grootendorst
Maarten Grootendorst's visual guide explains quantization, a method to compress large language models, making them more efficient without losing accuracy.

I coded an AI Voice Assistant using AssemblyAI, OpenAI, and ElevenLabs
Built an AI Voice Assistant using AssemblyAI, OpenAI, and ElevenLabs for real-time chats with Python. Watch the tutorial on YouTube!

[GitHub] Copper: Open-Source Rust Robotics Framework by Guillaume Binet
Copper: Open-source Rust robotics framework by Guillaume Binet promises fast, reliable robot development with sub-microsecond latencies. πŸš€

[Paper] NVIDIA's Real-Time Neural Appearance Models Revolutionize Graphics
NVIDIA's new Real-Time Neural Appearance Models bring film-quality graphics to real-time applications, revolutionizing gaming visuals.

Academic

[Paper] Hidden Flaws in GPT-4 Vision's Expert-Level Accuracy in Medicine
GPT-4 Vision shows expert-level accuracy in medical tasks but often provides flawed rationales, especially in image comprehension.

AI's Vulnerability: Can It Ever Be Safe?
AI remains vulnerable to attacks, raising concerns about its safety and reliability. More research and robust safety measures are needed.

Read more