🇦🇺 Microsoft to invest $3.2B in Australia as regulations loom
PLUS: ChatGPT and DALL-E 3 Creator Highlights!
Martin Crowley & Arturo Ferreira
October 24, 2023
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Welcome to AI Tool Report!
Happy Tuesday, everyone.
We have a short one today—all about ChatGPT and MidJourney creators.
Enjoy!
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Today:
🇦🇺 Microsoft to invest $3.2B in Australia as regulations loom
Read Time: 4 minutes
Our Report: Microsoft has announced plans to invest $3.2B USD to enhance its AI and cloud computing capabilities in Australia as part of a massive expansion at a time when Australia is contemplating regulating the AI industry.
🔑 Key Points:
The tech giant plans to increase its computing capacity in the country by 250%, addressing the anticipated surge in demand for cloud computing, which is expected to double from 2022 to 2026.
In addition to the $3.2B investment, Microsoft aims to train 300,000 Australians for the digital economy and extend a cyber threat information-sharing agreement with Australia's cyber security agency—the Australian Signals Directorate.
A co-authored report by Microsoft suggests that generative AI could add up to $115B AUD annually to Australia's economy by 2030 if embraced swiftly.
This strategic move by Microsoft is seen as a significant outreach in Australia, especially as the country started public consultations on AI regulation following the impact of ChatGPT in 2022.
🤨 Why you should care: Microsoft's investment in Australia signals a strategic move to position itself favorably in a nation on the brink of AI regulation, potentially influencing the trajectory of AI in Aus. Will the substantial investment affect Australia’s approach to AI regulation?
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✅ Artist Highlight: Linus Ekenstam
🛑 not your prompt 🤯
Your prompts in ChatGPT / DALLE3 are actually never used
Instead, GPT4 writes its own prompts (with clear instructions to never show them to you)
But if you ask for them, you get them
ChatGPT/DALLE3 takes your input as a precursor to the actual prompt
— Linus (●ᴗ●) (@LinusEkenstam)
Oct 22, 2023
🎨 Artist Highlight: Bryan Marley
20 DALLE-3 Prompts to Elevate Your Design Game
DALLE-3 can be accessed for FREE using Bing Chat via the Edge Browser.
[🔖Bookmark for later]
1. Comic Book Strip
Prompt: "Create a comic strip featuring [specific characters e.g., ‘a superhero and a villain’]."
2. Movie… twitter.com/i/web/status/1…
— Bryan Marley (@_bryanmarley)
Oct 1, 2023
Apple is sharpening its emphasis on AI integration across products, with recent job listings highlighting a surge in AI roles for the App Store and Apple Retail and Bloomberg reporting a planned annual investment of $1B in AI advancements.
These job posts also hint at core AI model developments, including a "human-like conversational agent." It’s likely they’ll be upgrading Siri to a next-generation assistant akin to ChatGPT but more accessible and with the usual Apple flair.
PimEyes, a facial recognition search engine, has prohibited searches for children's faces due to safety concerns after previously being criticized for privacy breaches where users reported discovering unauthorized photos of their kids on the platform.
Despite the company's efforts to use age detection AI to block searches for minors, the technology struggles with accuracy, especially for certain angles and teenagers. The good news is, with developments like this, we’re moving further away from an Orwellian future.
NVIDIA (the number #1 AI chip maker in the game right now), is venturing into the personal computer market, designing CPUs that will run on ARM technology, in partnership with Microsoft, to challenge Intel's dominance.
Recently, Apple made a similar decision to produce their own M1/M2/M3 chips (ARM processors), which has corresponded to a doubling in their market share. The recent news raised Microsoft & NVIDIA stock whilst Intel fell by more than 3% in 24 hours….
The AI Tool Report just became the fastest-growing AI newsletter in the world, with 400,000+ readers working at companies like Apple, Meta, Google, Microsoft, and many more. We are now taking limited bookings for products that are a good fit. Book your ad spot by clicking here
🇳🇴 NorTech AI firm raises €2.5M to revolutionize the maritime industry
🧐 FCC aiming to address the growing risk of AI-enhanced robocalls
🍟 New Qualcomm chip for Samsung S24 leaks; full of AI features
🇺🇸 White House announced 31 tech hubs to focus on AI
🇪🇺 EU may fail to pass its AI act in 2023
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Until next time, Martin & Arturo.
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