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👀 AI Happenings...

• 📖 Google confirms it’s training Bard on scraped web data, too (link)

• 🔢Record number of companies attend global AI conference in Shanghai (link)

• 😈Amazon CEO explains how the company will compete against Microsoft, Google in AI race (link)

🧠 Best New AI Tools

• Decoherence: Enhance music videos with Decoherence. Upload, customize, and mesmerize with captivating visuals (link)

• Translate.video: Translate videos and generate subtitles in 75+ languages using AI with just one click! (link)

• Perplexity AI: Perplexity Ask is powered by large language models (OpenAI API) and search engines. (link)

• Luma AI: Generates unmatched photorealism, reflections, and details with neural rendering technology. (link)

• Boomy: Boomy is a music generator that creates original music in seconds. (link)

• Maze: Maze.Guru creates new content in seconds through this AI-driven platform (link)

See all the best AI tools

🖌️ Today’s Best New DALL-E Prompts

See all Dall-E prompts

 🎨 Today’s Best New Midjourney Prompts

See all Midjourney prompts

🤯 Insight: The Generative AI Market Economy By 2025

The global generative AI market is booming, currently valued at $13 billion, and projected to surpass $22 billion by 2025 with a growth rate of 27.02%. North America dominates with a 41% revenue share. Transformer models led the market, contributing 42% of revenues in 2022.

Generative AI tools are already making waves in the workplace, with adoption rates of 29% among Gen Z, 28% among Gen X, and 27% among Millennials. Industries experiencing the most disruption include advertising, marketing, technology, and consulting.

Generative AI startups have raised $2.6 billion in 2022 and $1.7 billion in Q1 2023, with large-scale adoption expected to reach 46% by 2025. Key players in the market include OpenAI, Midjourney, and Hugging Face. Thanks to content creation, LLM advancements, and sector adoption, the generative AI market is expanding quickly, with segments like auto-encoders, GANs, diffusion networks, and transformers.

Read more about it here ➡

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