Google is using AI to make fake podcasts from your notes 🎙️🤖; Mistral releases Pixtral 12B, its first multimodal model 🖼️🤖; Bringing generative AI to video with Adobe Firefly Video Model 🎥✨
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👋 Hey, Abderrahim & Bakr here! Welcome to your daily dose of AI news. We bring you the latest breakthroughs and innovations in AI across various industries. Stay tuned and stay informed! 🤖 Connect with us on LinkedIn (Abderrahim, Bakr) to keep the conversation going! 📈💼
Today’s top picks…
Google is using AI to make fake podcasts from your notes 🎙️🤖
Google's NotebookLM app now features “Audio Overview,” which creates AI-generated podcasts from your research notes. The two AI hosts summarize, connect topics, and engage in lighthearted banter based on your documents. While designed to make learning more engaging, the AI hosts may handle serious topics with the same light tone. Available only in English, this feature may take several minutes to generate and includes quirks like spelling out words and using informal phrases. It’s intended more for engagement than rapid, clear information delivery.
Mistral releases Pixtral 12B, its first multimodal model 🖼️🤖
French AI startup Mistral has launched Pixtral 12B, a 12-billion-parameter model capable of processing both text and images. This multimodal model can answer questions about images, caption them, and count objects. Pixtral 12B is available for download and fine-tuning under an open Apache 2.0 license. Mistral, valued at $6 billion after a recent funding round, aims to be a major player in AI by offering free models and consulting services, though specifics on the training data used are not provided.
Bringing generative AI to video with Adobe Firefly Video Model 🎥✨
Adobe is introducing the Firefly Video Model, expanding its AI capabilities to video editing. Set to be available in beta later this year, the model will help editors fill footage gaps, add elements, and improve creative workflows in tools like Premiere Pro. The model is designed to be commercially safe, trained only on content with permission. It aims to streamline tasks such as gap-filling and object removal, allowing editors to focus on creativity and collaborate more effectively with their teams.
Over 50% banks turn to Generative AI for Instant Payment projects 💳🤖
A RedCompass Labs report reveals 54% of banks in Europe and the US are adopting generative AI for instant payment and modernization projects. This move is driven by regulatory deadlines and new standards like ISO 20022. Banks are investing heavily in these projects, with AI expected to reduce the need for business analysts. While banks value human oversight, AI is seen as a way to improve efficiency and competitive positioning. AI is also anticipated to enhance collaboration with consultancies and streamline payment modernization.
Customer service and sales are top current use cases for Generative AI 📞💼
Generative AI is significantly impacting customer service and sales, as reported by SparkOptimus. AI is used by 80% of companies for call logging and summarization, boosting efficiency and reducing call times. It also aids in internal knowledge searches, quality control, and proactive risk alerting. AI tools have led to a 20% reduction in escalation rates and a 10% improvement in sales opportunities. Companies are leveraging AI to enhance customer experiences and streamline processes, reflecting its growing role in business operations.
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Abderrahim & Bakr
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