I think Google might be in big trouble...

From Google nearing to be the next BlackBerry to the Future of AI Video. We got it all for you, quick and easy to read!

July 31, 2024

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OpenAI is stepping up to challenge Google's dominance with the introduction of SearchGPT, a new AI-powered search engine that promises to deliver more precise, contextually relevant answers by leveraging advanced AI models.

Would this result in a significant shift in the search landscape? Let’s find out.

But first, here are the top 4 AI news this week.

  • Meta Unleashes SAM 2—The Future of Video AI

  • OpenAI’s ‘SearchGPT’ Challenges Google’s Dominance

  • Zuckerberg and Huang Discuss AI's Future at SIGGRAPH 2024

  • Google’s AI Scores Silver At Math Olympiad

Meta has unveiled Segment Anything Model 2 (SAM 2), revolutionizing video AI with real-time object identification and tracking. Expanding beyond image segmentation, SAM 2 effortlessly handles fast movements and occlusions, making video object segmentation a breeze. A free demo is available, and Meta has open-sourced the model and its 50,000-video training database.

This innovation could simplify complex video editing tasks like object removal or replacement, opening new possibilities for video editing, mixed reality, and scientific research. With SAM 2 following Llama 3.1, Meta continues to lead in AI breakthroughs, keeping everything open and free.

Image Source: Meta

OpenAI has unveiled SearchGPT, an AI-powered search engine prototype that combines advanced AI models with web information to provide timely answers from relevant sources, directly challenging Google’s dominance. SearchGPT organizes search results into summaries with attribution links and allows follow-up questions, and is initially available to 10,000 test users powered by GPT-4.

This move could disrupt the search industry, changing how users interact with online information and challenging Google’s reign. It raises questions about data privacy, SEO’s future, and the impact on content creators. To join the waitlist, log into your ChatGPT account and request access.

Image Source: OpenAI

At SIGGRAPH 2024, Meta CEO Mark Zuckerberg and NVIDIA CEO Jensen Huang shared their vision for an AI-powered future. They emphasized the importance of open-source AI, with Zuckerberg calling Llama 3.1's release an "inflection point." Zuckerberg also envisioned social media evolving to AI-generated personalized content, while Huang predicted a shift to fluid, multi-option AI simulations.

They discussed AI's transformative potential in education, entertainment, and work through smart glasses. This focus on open-source and personalized AI hints at a shift in AI integration into daily life and business, with Meta and NVIDIA's influence likely shaping AI's future across industries.

Image Source: AI News

Google DeepMind's AI systems, AlphaProof and AlphaGeometry 2, earned a silver medal-equivalent score at the 2024 International Mathematical Olympiad (IMO). The AI solved 4 out of 6 problems, scoring 28 out of 42 points.

This marks a leap from previous AI efforts, which struggled with IMO problems. AlphaProof uses a fine-tuned Gemini model, and AlphaGeometry 2 solved a geometry problem in 19 seconds. This breakthrough shows AI's growing ability in complex math, with broad implications for various fields.

Image Source: Google DeepMind

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In Other News

Senator Cynthia Lummis has introduced a plan for a Strategic Bitcoin Reserve, funded by revaluing Federal Reserve gold certificates. Announced at the Bitcoin Nashville conference, the "Bitcoin Act of 2024" aims to create a decentralized Bitcoin storage network and purchase up to 200,000 BTC annually over five years, totaling 1 million BTC, held for at least 20 years.

Funding will come from $6 billion in Federal Reserve remittances and reducing the Fed banks' surplus funds. The plan also revalues Fed gold certificates to market value, increasing cash remittance to the Treasury. Former President Donald Trump supports using government-held Bitcoin to form a national stockpile, integrating Bitcoin into the U.S. financial system.

Image Source: CoinDesk

Cool Tools For This Week From insidersedge.io 

Visla - Generate & edit videos using AI within minutes

Amazon CodeWhisperer - Get code suggestions from snippets to full functions

LitGrades - Lear faster with AI-generated flashcards

Sturppy - Financial modeling tool for startups & small businesses

Jobs and Opportunities

Senior Typescript Backend Developer - Striga

AI Scientist Engineer - OKX

Artist Acquisition Representative Asia - Audius

Generative ML Engineer - Zaubar 

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