Apple's AI Rollout Begins Oct 28 with a Soft Landing.

AI Riddle:

I am invisible but can be felt.
I weigh nothing but can be measured.
I can fill a room without taking up space,
and though I am nothing, I can still be broken.

What am I?

Today’s Motive:

• 🍎 Apple’s new Apple Intelligence Features set to Rollout Oct 28th, but there’s a Catch.

• 🛍️ What are Pinterest’s major AI changes? 

• 🏗️ OpenAI DevDay announcements, big changes coming? 

🤑 Checkout the latest AI deals below. 💸 
🛠️ Get the scoop on the latest AI tools at glance section.

AI NEWS

🍎 Apple’s new Apple Intelligence Features set to Rollout Oct 28th, but there’s a Catch.

 🍏 The first Apple Intelligence features are set to arrive October 28th with a very soft landing. For further reading consider Mark Gurman’s article at Bloomberg.

Summary:

The first wave of Apple Intelligence features are reported as:

• Text Editor and Summarization Tool: AI-driven enhancements for writing and summarizing content efficiently. AI features to assist in composing text with greater ease and precision.

• Smart Audio Recording: Intelligent audio recording capabilities, including automatic transcription services.

• Transcripts Integration: Seamless integration of transcribed content into Mail, Notes, and other native applications.

• Memories Feature: An intuitive editor that enables users to create personalized movies using images from their gallery.

• Clean Up Tool: An AI-powered function that removes unwanted objects from photos, enhancing image editing capabilities.

The ChatGPT integration, Genmoji, Image Playground, and other AI features are expected to come around the end of the year and into 2025. This means your newly purchased iPhone will not get all the latest and greatest AI features until we are almost at the release of Apple’s next rollout.

Siri Upgrade: Siri becoming your number one AI assistant will not happen until next year. Expected by March, this update aims to enable Siri to control apps more precisely and access personal information to answer user queries.

Apple Intelligence will be on iPhone16s, iPhone 15 Pro, some iPads and Macs released in the last four years.

The Motive:

Early testing of the Apple Intelligence features by the public missed the mark in some areas.

Apple’s Clean Up tool and Text summarization tool was a flat out disappointment for some. Clean Up replaced image parts with image distortion or incoherency, while text summarization suffers from AI hallucinations.
The audio transcriber tool did a fine job of generating text from audio, and the text editor was a nice touch, users reported.

Summarizing written content and removing objects from images was so bad people quit on it, and that is a huge problem.
If AI capabilities are there to just sound cool, the overall hype fades. What’s the point in using something that doesn’t work? The lengthy delays may signal that Apple is struggling to implement AI functionality with their iOS operating systems.
for more information, check out Apple events.

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AI NEWS

 🛍️ Pinterest is Launching a Huge AI Upgrade to their Ecommerce Platform.

 🛒 Pinterest has recently unveiled its Performance+ suite, a collection of AI and automation-powered tools designed to enhance advertising campaigns for businesses. Here are the key features of Pinterest’s Performance+ AI.

See Pinterest’s business announcements for full article.

Summary:

• Streamlined Campaign Setup: Automatic monitoring and optimization of results reduce manual oversight, and campaign initiation requires 50% fewer inputs, expediting the setup process.

• Significant Cost Reduction: Early adopters experienced a 10% decrease in cost per click or cost per action.

• Advanced Creative Optimizations: Automated shopping and collections ads are direct from product catalogs and AI-generated images. Brands utilizing Performance+ creative tools witnessed a 19% increase in checkout revenue during testing.

• Efficient Budget Management: Options for lifetime or daily budgets with AI-driven distribution where tools align spending with performance metrics. Testing showed a 3% lower CPA for brands using Performance+ daily budgets versus fixed daily budgets.

• Creative optimizations: Automatically create shopping and collections. Add right from your catalog, then make sure the right person sees each ad.

The Motive:

Pinterest has seen slow growth over the recent years and is now implementing AI to enhance user shopping and ecommerce, likely to compete with Instagram and TikTok.

These figures above are from beta testing but show significant gains in sales and lowered costs. With the integration of AI and automation in advertising, businesses are offered tools that deliver measurable improvements while simplifying campaign management.
This is a big change for Pinterest, we will have to wait and see if it pays off.

AI Tools at a glance:

• Aicado.ai: Customize your selected AI model to suit your needs and integrate into your business.

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• Infography.in: Turn long content blog posts into visually engaging infographics.

AI NEWS

🤖 OpenAI DevDay 2024: Exciting New AI Features Revealed 🌟.

 🔧 OpenAI’s DevDay 2024 introduced four major updates to their AI platform, taking an aim to further increase development and productivity. See the full overview of OpenAI’s DevDay here.

Summary:

• Realtime API: Enables development of low-latency, multimodal experiences, particularly for speech-to-speech applications. The chat API supports real-time streaming of responses using natural speech and audio input and output, as well as function calling.

• Vision Fine-tuning: This feature enables enhanced visual AI capabilities, allowing devs to customize GPT-4o with both images and text.

• Prompt Caching: Aimed at reducing costs and latency for developers by applying a 50% discount on recently processed input tokens.

• Model Distillation: Allows developers within OpenAI’s platform to fine-tune cost-efficient models using the outputs of larger, more capable models, thus improving the performance of smaller models like GPT-3.5.

The Motive:

While DevDay might not of been a huge public splash in the news, these features are trying to shift more developers into OpenAI integrations and furthering their reach.

In recent news, OpenAI is shifting from a non-profit to a for-profit company, and now announcing lower cost opportunities for developers. The company has taken an aggressive approach to implement ChatGPTs anywhere they can. These moves aim to broaden accessibility, efficiency, and, most importantly, lower cost.