Welcome to this week’s edition of AI for 30, where the future unfolds before our eyes. This week, we’re exploring how mundane videos can be turned into leveraged content you can use with Capcut. We will also look at the rise of machines with the new AI-powered humanoid robot and the top 5 AI news stories. Thanks for joining me as we explore the innovations that are not just pushing artificial intelligence's boundaries but redefining what's possible in our digital age.

On the Agenda This Week:

• Product Spotlight: Capcut – Edit Videos Like a Pro

• Featured Content: Firure 01 and Open AI's New Humanoid Robot

• Weekly Roundup: Your Top AI News Stories

• Inspiration Station: Quote of the Week

Product Spotlight: Capcut AI – Revolutionizing Video Editing

Have you ever noticed all those social media videos with captions, sound effects, or emojis that pop up while playing? Well, those influencers probably used Capcut. It’s a free tool that allows you to upload videos and quickly start editing. Think of it as the Canva for video. There is a free and paid version if you want more video editing options. This is useful for creating engaging and professional-looking videos without having to invest in expensive software or have extensive editing skills.

However, its AI capabilities set Capcut apart from other video editing tools. Using machine learning algorithms, Capcut's AI feature can automatically add subtitles, music, and effects to your videos based on the content and context. This saves time and allows for a more personalized and dynamic video experience.

Here’s a quick video I made in CapCut - next time i’ll make sure not to blink at the start of the video 😉 

Capcut ideas for Logistics and Supply Chain

• Introduction videos

• Thank you videos

• Product or service overviews

• Educational or training videos

• Social marketing and content

• personalized demo recordings

Final Thoughts

After a week with Capcut, I look forward to making more videos. It’s got enough features to keep things exciting but isn’t so complex that it feels overwhelming. For anyone thinking about trying video editing or just looking for an affordable way to spice up their content, Capcut is worth checking out.

Figure 01 Partners with Open AI to Build Humanoid Robot

Figure 01 and Open AI partnered to build a humanoid robot. They just released their latest demo, a humanoid robot with capabilities that look like something out of a Star Wars movie. It’s incredible how fast technology is moving—2024 is shaping to be the year of AI and robotics.

Watch for yourself if you haven’t seen it already.

Weekly Roundup: Top 5 AI News Stories

1. The U.S. awards Intel a $20 billion grant from the 2022 CHIPS Act to increase domestic advanced logic chip production, aiming to counter China's semiconductor dominance and create thousands of new jobs. This strategic move, highlighted by President Biden's visit to Intel’s Arizona site, strengthens the U.S.'s competitive edge and national security in the tech sector. Intel's unique in-house manufacturing positions it to boost innovation and resilience amid global supply chain concerns. (Source) 

2. Microsoft has named Mustafa Suleyman, Inflection AI's CEO and DeepMind's cofounder, as head of its consumer AI division following its OpenAI partnership. The transition, which sees Suleyman bringing a significant part of Inflection’s team to Microsoft, marks a strategic pivot for Inflection towards enterprise solutions. It reflects Microsoft's aim to broaden its AI portfolio beyond its significant investment in OpenAI. This deal, illustrating the complexities of AI sector mergers and acquisitions, positions Microsoft to enhance its consumer AI offerings, including Copilot, Bing, and Edge. (Source) 

3. At Nvidia's GTC AI event, CEO Jensen Huang introduced Blackwell, the latest AI super-computer system designed to fuel the next industrial revolution with unparalleled computing progress. These chips, significantly more powerful than previous versions, aim to support AI models with up to 10 trillion parameters, a testament to Nvidia's computing power surge by 1,000X in eight years. With significant cloud services already on board, Nvidia's innovations signal a pivotal advancement in AI technology, promising enhanced capabilities for the sector. (Watch the entire conference here)

   

   Source: NVIDIA

4. Apple has introduced MM1, its AI model poised to compete with Google's Gemini and OpenAI's GPT-4. MM1 showcases multimodal capabilities that blend text and image data. It features 30 billion parameters for advanced reasoning, highlighting unexpected transparency and promising state-of-the-art AI performance. Amidst strategic moves, including potential collaborations with Google and generative AI applications for Siri and Apple services, Apple signals a robust push into AI, bolstered by significant investments and acquisitions in the field. (Source)

5. Saudi Arabia has announced plans to launch a $40 billion AI investment fund to become a global leader in artificial intelligence and fulfill its Vision 2030 to diversify away from oil. The fund will be overseen by the Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) and is expected to commence in the second half of 2024. This ambitious move seeks to position Saudi Arabia as the world's largest AI investor, enhancing its digital infrastructure and potentially collaborating with leading chip manufacturers and data centers to advance AI technology. (Source)