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 Welcome, AI enthusiasts.

Amazon is taking a bold step in the AI race with its new multimodal AI model, codenamed "Olympus."

Designed to process text, images, and video seamlessly, Olympus could revolutionize search and analysis across media formats. Set to debut at AWS re:Invent, could this be Amazon's answer to Google and OpenAI? Let’s explore!

In today’s issue:

• Amazon’s Secret AI Project: Meet Olympus

• Tesla’s Optimus Now Handles Better Than Ever

• How AI Will Transform Black Friday 2024

• 5 new AI tools & Tools on sale

• New AI Job Opportunities

• Everything else you should know today

Read time: 4 minutes

AMAZON

⚡️ Amazon’s Secret AI Project: Meet Olympus

The Rundown: Amazon's latest AI initiative, "Olympus," is designed to understand and interpret multimodal data, including text, images, and videos. This development positions Amazon to offer more advanced AI capabilities within its own ecosystem, potentially decreasing its dependence on external AI models like Anthropic's Claude. The official announcement of Olympus is anticipated at the upcoming AWS re:Invent conference.

The Details:

• Multimodal Processing: Olympus can analyze and generate content across various formats, enabling users to perform complex searches, such as identifying specific scenes in videos through simple text prompts.

• Strategic Positioning: By developing Olympus, Amazon aims to strengthen its competitive stance in the AI landscape, directly challenging offerings from Google, Microsoft, and OpenAI.

• Upcoming Announcement: The model is expected to be unveiled at the AWS re:Invent customer conference, highlighting Amazon's commitment to integrating advanced AI into its services.

Why It Matters:

• Enhanced User Experience: Olympus's capabilities can significantly improve user interactions by providing more intuitive and efficient search functionalities across different media types.

• Reduced Dependency: Developing in-house AI models allows Amazon greater control over its AI infrastructure, reducing reliance on third-party AI providers and fostering innovation within the company.

• Market Competitiveness: Introducing Olympus enables Amazon to compete more effectively with other tech giants in the rapidly evolving generative AI sector.

Bottom Line: Amazon's development of the Olympus AI model marks a strategic move to enhance its AI capabilities, offering advanced multimodal processing to improve user experiences and strengthen its position in the competitive AI market.

TESLA

🤖 Tesla’s Optimus Now Handles Better Than Ever

The Rundown: Tesla has unveiled significant enhancements to its Optimus Gen 2 humanoid robot, focusing on improved hand functionality. The new hands possess 11 degrees of freedom (DoF) and are equipped with tactile sensors on all fingers, allowing Optimus to handle delicate objects with greater precision. These upgrades mark a substantial advancement in the robot's capabilities.

The Details:

• Enhanced Dexterity: The upgraded hands provide Optimus with 11 DoF, facilitating more human-like movements and the ability to perform complex tasks.

• Tactile Sensing: Integration of tactile sensors on each finger enables the robot to assess and adjust the force applied during interactions, crucial for handling fragile items.

• Practical Applications: These improvements are expected to expand Optimus's utility in various settings, including manufacturing and daily assistance tasks.

Why It Matters:

• Increased Versatility: The enhanced hand functionality allows Optimus to undertake a broader range of tasks, increasing its potential applications across industries.

• Technological Milestone: Achieving such dexterity in robotics represents a significant step forward in the development of humanoid robots capable of safely interacting with diverse objects.

• Competitive Edge: These advancements position Tesla's Optimus as a formidable contender in the evolving field of humanoid robotics.

Bottom Line: Tesla's Optimus Gen 2 robot, with its upgraded hands featuring 11 degrees of freedom and tactile sensors, showcases notable progress in robotic dexterity, paving the way for more complex and delicate task execution.

AI RESEARCH

🛍️ How AI Will Transform Black Friday 2024

The Rundown:
AI tools are becoming essential for Black Friday 2024 shoppers, with growing trust in generative AI to assist in purchasing decisions. Millennials lead in AI adoption, while online shopping trends continue to surge.

The Details:

• AI Usage Trends: 44% of shoppers plan to use AI assistants, while 48% will turn to generative AI for product inspiration.

• Top Uses: Price comparison (56%) and product research (50%) are the most common AI applications. 42% of users seek AI help for gifting ideas.

• Retailer Innovations: Walmart and Amazon are launching new AI features, including personalized search tools and shopping assistants.

• E-commerce Growth: 26% of shoppers plan to buy exclusively online, up 6% from last year, driven by older consumers.

Why It Matters:

• Consumer Behavior: AI's role in shaping shopping habits highlights a growing reliance on technology for decision-making.

• Retail Competition: Retailers investing in AI capabilities can better engage tech-savvy customers and capture a larger market share.

• Future of Shopping: The blend of AI and online retail is redefining consumer experiences and expectations.

Bottom Line: AI is reshaping Black Friday shopping, offering smarter, faster, and more personalized experiences, setting the stage for a tech-driven retail future.

Prompt of today

Prompts:

A Korean girl wearing a super shorts is Standing on stage，Rainy days，Wearing sunglasses，Blurred background，realistic style，Exquisite three-dimensional facial features，White and clear skin，Fashionable dressing，Textured Clear hair，Clear image quality and high detail，art wallpaper, wallpaper for desktop,best quality, Indoor lighting，super detail,C4d rendering，32k --ar 9:16 --sref 1180446317 --stylize 400 --niji 6

Tools showcase

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✅ LuneAI: A community-driven marketplace where users can access specialized models that outperform standalone LLMs on specific technical tasks.

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Tools on sale

• 🏷️67%Off Merlin: Use this 26-in-one Chrome extension to research, summarize, and write content from your browser

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• 🏷️86%Off Emailit: No-subscription email sending API for developers

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New AI Job Opportunities

• 🍏 Grammarly - Software Engineer, macOS

• 🛡️ Palantir Technologies - Senior Advisor, DoD

• 📈 Anyscale - Head of Product Marketing

• 📊 Harvey - Software Engineer, Data

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AI around the world

💬 Vocal Venture: AI startup Hume says it used Anthropic’s new agentic tools to build an app that lets you “control a computer with just your voice.”

🫰 Raising the Stakes: SoftBank agreed to buy $1.5B worth of stocks from OpenAI’s employees, giving the Japanese investment giant a larger stake in Sam Altman’s startup.

📖 Transparency Triumphs: Non-profit research group Ai2 released a pair of LLMs called OLMo2 that it says outperform Llama 3.1, making them “the best fully-open language models to date.”

🎧 Audio Ally: Gemini is getting Spotify integration, letting some users play, search, or browse their music without leaving the chatbot.

💻 Coding on Demand: Uber is creating a new division that will connect freelance programmers and AI labelers with companies in search of their services.

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