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This week in AI, ElevenLabs has unveiled a groundbreaking tool that generates realistic sound effects from simple text prompts, set to revolutionize multimedia content creation. Meanwhile, Google acknowledges the need for improvement in its AI Overviews and is inviting users to help beta test and refine the feature. Dive into these exciting advancements and see how they are shaping the future of AI technology.

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In today’s issue:

• ElevenLabs Unveils AI-Powered Tool for Generating Realistic Sound Effects

• Google Admits AI Overviews Need Improvement, Invites Users to Help Beta Test

• AI Revenue for Bitcoin Miners

• AI in Media and Entertainment

• AI Boosts Bitcoin Mining

• AI at Global AI Summit

• US Slows AI Chip Exports

Today’s must read

ElevenLabs Unveils AI-Powered Tool for Generating Realistic Sound Effects

TL;DR: ElevenLabs introduces an AI-powered tool that generates realistic sound effects from text prompts, enhancing multimedia content creation.

Summary: ElevenLabs has debuted a groundbreaking AI tool that can generate realistic sound effects from text descriptions, revolutionizing the way audio is added to multimedia content. This tool, designed to work seamlessly with AI-generated video models like OpenAI's Sora, allows users to enhance their videos with high-quality, contextually appropriate sound effects, from ambient noises to complex interactions.

Highlights:

• AI-Generated Sounds: Generates realistic sound effects from text prompts.

• Integration with Sora: Enhances AI-generated videos with synchronized audio.

• Early Access Available: Sign-ups open for early access to the tool.

Why it matters:

• Improved Multimedia Creation: Simplifies the process of adding sound effects, making high-quality audio accessible.

• Broad Applications: Useful for various content types, including social media posts, commercials, and gaming.

• Innovation in AI: Demonstrates the expanding capabilities of AI in creative fields.

Bottom line: ElevenLabs' new AI tool for generating sound effects promises to enhance the quality and efficiency of multimedia content creation, offering a powerful resource for creators across industries.

_{Source: TechCrunch}

News from the giants

Google Admits AI Overviews Need Improvement, Invites Users to Help Beta Test

TL;DR: Google acknowledges issues with its AI Overviews in search results, seeking user feedback to refine and enhance the feature.

Google's AI Overviews, a feature designed to generate concise answers to search queries using generative AI, has faced criticism for inaccuracies. Despite these errors, Google is actively working to improve the service and is leveraging user feedback to fine-tune the system. The company admits that while most results are high quality, uncommon queries have produced misleading or incorrect information.

Highlights:

• AI Overviews Rollout: Google launched AI Overviews to provide quick summaries of search topics.

• Identified Issues: Users reported errors and inaccuracies in the generated content.

• User Feedback: Google is using feedback to address these issues and improve the feature.

Why it matters:

• User Trust: Accuracy in AI-generated content is crucial for maintaining user trust.

• Innovation in Search: The success and reliability of AI Overviews could significantly enhance search experiences.

• Continuous Improvement: Google's commitment to refining the feature demonstrates the importance of user input in AI development.

Bottom line: Google's AI Overviews are a promising yet imperfect feature. By involving users in the beta testing phase, Google aims to address inaccuracies and enhance the overall functionality of its AI-powered search tools.

_{Source: Liz Reid Blog}

Prompt of today

Prompts:

an animated girl in an fluorescent-green coat, in the style of cute and dreamy, realistic still-lifes, chinapunk, i can't believe how beautiful this is, close up --ar 9:16 --style raw --niji 6

Tools showcase

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• ✅ Buglab AI: Spellcheck for UI.

• ✅ AI Notebook App: AI-powered second brain.

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AI around the world

• AI Revenue for Bitcoin Miners： Bitcoin miners are exploring AI as an alternative revenue stream post-halving, leveraging their existing infrastructure to generate additional income.

• AI in Media and Entertainment：AI is revolutionizing media and entertainment by enhancing content creation, personalization, and revenue models, transforming the industry's landscape​.

• AI Boosts Bitcoin Mining：AI technology could significantly increase revenue for Bitcoin miners by enhancing computational efficiency and creating new income streams.

• AI at Global AI Summit： At the Global AI Summit, experts discussed AI solutions to combat misinformation and deepfakes, emphasizing the need for robust standards and vigilance.

• US Slows AI Chip Exports：The US reportedly slows AI chip exports to the Middle East, prompting Saudi Arabia to seek technology from China​.

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