🔎 What’s good today:

• 💻Meta to Launch AI Persona-based Chatbots

• 💸AI is Expensive

• 💡11 AI tools

• 🍀 Tackling Climate Change Using AI

• 😬Drake used a real-time AI filter in his concert

🔥Meta to Launch AI Persona-based Chatbots

Meta is reportedly gearing up to launch AI-powered chatbots with different personas on its social media platforms. The chatbots are designed to have humanlike conversations with users and could be used to boost engagement, collect data, and target users with relevant content.

This is a significant development for Meta, as it looks to find new ways to grow its user base and revenue. The chatbots could also be used by businesses to reach new customers and provide customer service.

Businesses that are looking to use AI-powered chatbots should consider the following:

• The personas that the chatbots will take on.

• The types of conversations that the chatbots will be able to have.

• The data that the chatbots will collect.

• The ways that the chatbots will be used to target users.

By carefully considering these factors, businesses can use AI-powered chatbots to achieve their marketing and customer service goals.

🤓Microsoft Is Burning Cash to Push AI Forward

Microsoft's latest capex report shows that the company is spending big on AI. In Q2, Microsoft's capex spending rose to $10.7 billion, which is a lot of money even by Microsoft's standards.

This spending spree is being driven by the company's desire to stay ahead of the curve in the AI race. AI is a rapidly growing field, and Microsoft is determined to be a leader in this space.

However, Microsoft's AI ambitions are being hampered by a lack of GPU supply. GPUs are essential for training AI models, and they are in high demand. As a result, Microsoft is having to pay top dollar for GPU space.

In fact, Microsoft has even been forced to rent GPU space from its competitors. This is a sign of how desperate Microsoft is to get its hands on GPUs.

The shortage of GPUs is a major obstacle for AI developers. It's making it difficult and expensive to train AI models. This is slowing down the pace of AI innovation.

It's unclear when the GPU shortage will end. Some experts believe that it could last until 2024. In the meantime, Microsoft and other AI developers will have to keep burning cash to get their hands on GPUs.

This is a tough pill to swallow, but it's necessary if Microsoft wants to stay ahead of the curve in the AI race.

The bottom line is that AI innovation comes at a steep cost. Microsoft is just one of many companies that are spending big money on AI. This trend is likely to continue in the years to come.

So if you're interested in AI, be prepared to open your wallet. The future of AI is expensive.

🍀 IBM and NASA Team Up to Release Open-Source AI Model for Climate Change

IBM and NASA have teamed up to release an open-source AI model that can help researchers analyze Earth observation data. The model, based on IBM's foundation models, is the first to be built in collaboration with NASA.

Earth observation is the process of gathering information about Earth's physical, chemical, and biological systems using satellite imaging. The goal of the partnership is to provide an easier and faster way for researchers to analyze and draw insights from these large datasets.

"This is a huge step forward in the use of AI to address climate change," said Sriram Raghavan, vice president of IBM Research AI. "By making this model open source, we're making it available to a wider range of people who can use it to understand our planet better and develop solutions to protect it."

The model is trained on a dataset of satellite images that captures changes in land cover, land use, and other environmental factors. This data can be used to track the effects of climate change, such as the retreat of glaciers and the expansion of deserts.

The model is also able to identify changes in crop yields and wildlife habitats. This information can be used to help farmers adapt to changing conditions and to protect endangered species.

The open-source AI model is available on the Hugging Face website. Anyone can download and use the model to analyze Earth observation data.

"This is a powerful tool that can help us to better understand our planet and protect it," said Jeff Boudier, head of product and growth at Hugging Face. "We're excited to see how people use this model to make a difference."

Here are some of the ways that you can use the open-source AI model:

• Track the effects of climate change.

• Analyze crop yields and wildlife habitats.

• Develop solutions to protect our planet.

The open-source AI model is a powerful tool that can help us to better understand and protect our planet. If you're interested in using the model, check out the Hugging Face website.

😬 Real-time filter applications in concerts are here

That’s that for today, see you next week!
Tony