⚙️ Apple AI

Good morning. A clever developer just turned vacuuming into a VR/AR game, so now you can zap dust bunnies in style. Who knew even cleaning could level up with AI?

In today’s newsletter:

🍎 Apple prepares to unveil GenAI projects later this year: A strategic move into privacy-centric AI innovations

🚀 EU's AI act nears finish line: Unanimous vote sets stage for comprehensive AI regulation across Europe

🇬🇧 House of Lords urges UK to embrace AI's potential: A call for balanced regulation and open innovation amidst the global AI goldrush

📷️ Samsung's bold claim: 'No such thing as a real picture' in the AI age, calls for responsible regulation and clear distinction between authentic and AI-enhanced images


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❓️ Misc:

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AI is coming to the OnePlus phones (link)

Big changes are coming to Google’s Bard 👀 (link)

📊 Funding:

Kore raised $150M to build conversational AI for enterprises (link)

Rebellions raised $124M to develop its new AI Rebel chip with Samsung (link)

Krutrim raised $50M for its voice-enabled conversational AI assistant that speaks multiple Indian languages (link)

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🍏 Apple's GenAI Reveal: A Promised Glimpse into Cupertino's Innovations

Apple has signaled an imminent showcase of its generative AI (GenAI) initiatives "later this year," sparking interest and speculation among investors and tech enthusiasts alike. During a recent earnings call, CEO Tim Cook highlighted the company's deep investment in AI, positioning it alongside other groundbreaking innovations, such as the technologies powering Apple's Vision Pro VR/AR headset. While specifics remain under wraps, industry observers are eagerly marking their calendars for potential unveilings, with Apple's annual WWDC in June being a prime candidate for major announcements. The video below for some leaked information on what we might expect to see 👀 ⤵️ 

Investment and Innovation

In response to analysts' inquiries about Apple's AI ambitions, Cook teased ongoing internal projects, maintaining Apple's tradition of revealing work post-completion. This approach has kept details scarce, but Cook's assurance of exciting developments to discuss indicates significant progress behind the scenes. CFO Luca Maestri echoed this sentiment, underscoring a commitment to substantial investment across all business areas, signaling robust support for AI's potential within Apple's ecosystem.

A Shift Towards Edge Processing

The dialogue also ventured into the realm of edge processing and its role in enhancing AI applications on devices. Apple's emphasis on local, on-device processing aligns with its privacy-centric philosophy, suggesting a future where GenAI tools offer powerful capabilities without compromising user data security. This strategy could differentiate Apple in a market increasingly concerned with privacy, setting new benchmarks for GenAI utility and data protection.

🚀 EU's AI Act Clears Final Hurdle: A New Era of Regulation Begins

The European Union's AI Act, designed to regulate artificial intelligence use, has overcome its last significant obstacle towards adoption with unanimous backing from Member State representatives. This crucial vote solidifies the political agreement reached in December, aiming for a risk-based regulatory framework. The Act outlines prohibited AI applications, governance for high-risk uses, and transparency for AI-driven apps while exempting low-risk AI from regulation. Unanimous support at this stage dispels fears of derailment due to opposition from some Member States. The legislation now awaits final approval from the European Parliament, with phased implementation to follow, marking a significant step towards comprehensive AI regulation in the EU.

🇬🇧 UK Report: Broaden AI Vision to Capture Goldrush

The UK's House of Lords cautions against a narrow focus on AI's distant existential threats, urging a balanced approach to harness the AI "goldrush" while addressing immediate risks like misinformation and copyright infringement. The report advocates for open AI R&D to prevent big tech's regulatory capture, promoting competition and innovation. It underscores the importance of addressing immediate societal and security risks over exaggerated apocalyptic scenarios, encouraging a strategy that capitalizes on AI's potential without overlooking its current challenges.

📸 Samsung Exec: All Photos Are AI-Altered

Samsung's EVP, Patrick Chomet, argues that the concept of a "real" photo no longer exists in the era of AI and digital enhancement. As smartphone cameras like Samsung's Galaxy S24 Ultra use AI to optimize images, the line between reality and digital alteration blurs. Chomet stresses the need for industry regulation and responsible use of AI in photography. Samsung aims to balance capturing moments with creating new realities, using watermarks and metadata to differentiate between AI-augmented and traditional photos.

Just edged it! Great way to start the week 😄 

We’re actually surprised this got so many of you…

Here’s the prompt we used today:

“A bowl of chips

(I’m from Belfast, so yes, of course they’re called chips)

Image 1

Which image is real?

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Image 2

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