Google’s Project Astra is about to steal Alexa’s and Siri’s thunder. At the recent Google I/O, Demis Hassabis unveiled Astra, the AI assistant that’s set to redefine digital companionship.

But more on this in a bit!

First, let’s check out the top 4 news happening in the AI & tech space:

• Google’s Astra Is The AI Assistant We’ve All Been Waiting For

• AI in Hollywood Is The Industry’s Best-Kept Dirty Secret

• Elon Musk predicts AI is coming for all our jobs

• WhatsApp Introduces AI Image Creation with Meta’s New ‘Imagine’ Feature in Beta Release

Google’s Astra Is The AI Assistant We’ve All Been Waiting For

Move over, Siri and Alexa—Google’s Project Astra is here to redefine what an AI assistant can do. At Google I/O, Demis Hassabis revealed Astra, a cutting-edge, multimodal AI that’s always by your side. From identifying objects to creating vacation itineraries, Astra aims to be your ultimate digital companion.

Alongside Astra, Google introduced several new AI models, including the super-fast Gemini 1.5 Flash and the video-generating Veo, setting the stage for a future where AI is seamlessly integrated into every aspect of our lives.

AI in Hollywood Is The Industry’s Best-Kept Dirty Secret

Hollywood’s new horror hit, Late Night With the Devil, embraced AI for some graphics, sparking a mini-scandal. Despite the backlash, AI's usage is quietly spreading in Tinseltown. While directors defend their tech tweaks, industry insiders whisper that AI is everywhere, from VFX to writers' rooms. But shhh, it’s a secret! Admit it, and risk artist outrage. AI’s Hollywood takeover is more hush-hush than a plot twist.

Elon Musk predicts AI is coming for all our jobs

Elon Musk's AI doomsday scenario clashes with his vision of a future where AI provides all our needs. While he warns of job scarcity, he suggests universal high income as a countermeasure. Amidst AI fears, Musk sees a silver lining in humanity finding purpose in giving meaning to AI. It's a tech tale of two extremes: job loss and societal leveling.

WhatsApp Introduces AI Image Creation with Meta’s New ‘Imagine’ Feature in Beta Release

WhatsApp is getting a futuristic makeover with Meta's 'Imagine' feature, introducing AI-powered image creation to chat rooms. Available in beta for select Android users, Imagine taps into Meta AI, enabling swift image generation directly within conversations. Though still in the works, Imagine represents WhatsApp's commitment to integrating cutting-edge AI technology into its platform, paving the way for a more dynamic messaging experience.

Other News

Market Jitters: S&P 500 Dips While Nvidia Shines

The S&P 500 fell 0.2% on Monday, struggling to maintain the strong momentum from May. The Nasdaq gained 0.1%, while the Dow Jones dropped 237 points. A technical issue at the NYSE affected price quotes for several stocks, adding to the day's uncertainty. The U.S. manufacturing sector showed signs of contraction with the ISM index at 48.7, leading to lower Treasury yields and a drop in cyclical stocks. However, Nvidia shares rose 2% after announcing new AI chips, providing a bright spot in the market.

Despite a robust May, with the Nasdaq up 6.9%, markets closed the month slightly below record highs. Wolfe Research predicts increased volatility over the summer, with investors awaiting key economic updates, including private payroll data and the May jobs report.

Crypto Market Watch: Bitcoin Eyes Breakout, Ethereum Faces Correction, Ripple Ends Consolidation

Bitcoin (BTC) is consolidating within a symmetrical triangle pattern, suggesting a potential breakout. The pattern, identified by lower highs and higher lows since May 19, shows no directional bias. A bullish breakout at $67,700 could push BTC to its all-time high of $73,777. Conversely, a drop below $67,700 could lead to an 8% decline to $61,734.

Ethereum (ETH) recently broke above a falling wedge pattern, rallying 21%. Despite this, a bearish block is hindering further gains. Investors might consider buying at key Fibonacci retracement levels of $3,424 and $3,279. A close below $2,864, however, could trigger a 9% drop to $2,600. Ripple (XRP) has been consolidating between $0.571 and $0.467. A breakout above $0.571 could see an 8% rally to $0.621, while a close below $0.467 might result in a 10% decline to $0.419.

Cool tools of the week from insidersedge.io

BrightBot - Deploy a GPT-powered ChatBot to your website within minutes.

Dora - Create 3D and animated sites without coding.

Kapwing - Create faster and better videos with this AI-powered video editor.

Brancher.ai - Create AI-powered apps quickly without coding knowledge.

Jobs and Opportunities

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Senior fullstack developer JavaScript AI - OWNY

Machine Learning Engineer - Aptos

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