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Welcome back, AI’ers!

Here’s What’s On The Menu For Today

• 🤖 Top AI Apps

• ✨ How To Make Image AI Avatars

• 📰 News Hot Off The Press

• 💰️ Newly Added AI Tools

TOOL HIGHLIGHT

TODAY’S FEATURED TOOL

🖥️ Empaithy

Empaithy is an intelligent AI companion designed to enhance mental wellbeing. It offers features such as micro-journaling, personal analytics, and AI-powered guidance, all within a secure, privacy-centric environment.

Tools are sourced from our database and are not sponsored or affiliated.

TRENDING STORIES

TODAY’S TOP STORIES

a16z released their latest Top 100 Gen AI Consumer Apps report

The Top 100 Gen AI Consumer Apps report by Andreessen Horowitz reveals the rapid growth and evolution of AI-powered apps, with nearly 30% of the companies being new entrants compared to the previous edition six months ago.

• Creative tools continue to dominate, with 52% of the web list focused on content generation or editing across various modalities like image, video, music, and speech.

• On mobile, content editing for image and video is the second largest product category at 22%, with users eager to edit content on their phones.

• Bytedance, TikTok's parent company, is making a significant push into web-based AI products with six spots across both lists, targeting different geographic markets.

Read more →

Perplexity AI plans to start running ads in fourth quarter as AI-assisted search gains popularity

Perplexity AI is set to start displaying ads alongside its AI-enhanced search results in Q4, as revealed in a promotional deck shared with potential advertisers. The startup, recently valued at over $1 billion, has faced scrutiny due to allegations of plagiarism but has made efforts to improve source attribution and revenue-sharing with publishers.

• Perplexity's app has surpassed 2 million downloads and boasts 230 million monthly active users

• The company plans to utilize a CPM advertising model, with rates expected to exceed $50

• Over 80% of Perplexity users hold an undergraduate degree, with many in high-income white-collar professions

Read more →

Meta Shares Are Flying High as Zuckerberg Sells His AI Vision

Meta's shares soar as Zuckerberg doubles down on AI investments

• Meta CEO Mark Zuckerberg announced plans for significant AI investments, despite potential short-term volatility and lack of immediate returns.

• Meta's capital expenditures for AI could reach $40 billion this year, exceeding previous estimates, with costs expected to rise in the following years.

• Despite a 15% after-hours drop in Meta shares following the announcement, Zuckerberg appealed to investors for patience, citing past successes with products like Reels and Stories.

Read more →

QUICK BITS

MORE NEWS

Anthropic has added support for LaTeX rendering as a feature preview, which helps to display mathematical equations (link)

Telecom that enabled Biden deepfake scam will pay FCC $1M (link)

Google has released a blog on how its bioacoustic foundation model can detect diseases (link)

Donald Trump Isn’t Worried Taylor Swift Will Sue Him Over Fake Endorsement Post With AI Images: ‘Somebody Else Generated Them’ (link)

Eleven Labs Turbo v2 and v2.5 models from Eleven Labs are now 50% cheaper (link)

Baidu touts AI edge as ad revenue stalls (link)

Google reaches a $250 million deal to skirt proposed journalism bill, including AI initiatives (link)

Microsoft will release controversial Windows Recall AI search feature to testers in October (link)

BrightEdge Releases First-Ever Insights on OpenAI’s AI-Powered Search Engine, SearchGPT (link)

OpenAI Says California’s Controversial AI Bill Will Hurt Innovation (link)

Neuralink's second patient is using his brain implant to design 3D objects. Here's how it works (link)

Leaked Microsoft pay data shows how much hundreds of software engineers report making in units like Azure and AI (link)

Midjourney opens website to all users, offering 25 free AI image generations (link)

AI smart glasses are the latest gadget gold rush for Chinese tech firms (link)

AI will be a lot less profitable than previous tech waves (link)

Anthropic released two prompting courses: one for beginners and another for developers (link)

Dropbox acquires Reclaim AI, a calendar app for work and life (link)

NVIDIA Showcases New AI Capabilities With ACE, RTX Games and More at Gamescom 2024 (link)

FROM THE WEB

✨Creating AI Avatars Using Images

This is a cool thread that explains how to take an image and turn it into an AI avatar. (link)

NEW TOOLS

FROM OUR DATABASE

Macky - your AI-powered business consultant that has revolutionized the way you approach your consulting needs. By streamlining complex queries into valuable, actionable insights, macky makes high-level consulting as simple as asking a question.

Cheerlink - an AI-powered tool designed to enhance customer engagement and increase sales conversions. The tool integrates with websites and platforms like Shopify to offer a more dynamic customer experience.

Ideogram - an AI tool designed to aid individuals in enhancing their creativity. By providing a supportive environment, Ideogram empowers users to develop and express their creative ideas effectively.

See more of the newly added tools here.

PROMPT OF THE DAY

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THAT’S IT FOR TODAY

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-Best of AI Team

This issue was written in collaboration with Midjourney, Perplexity, and Grammarly and edited by a human. Welcome to the future.

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