📈 How are companies using AI?

➜ Chatbot, Sell Me Something Cool. Meta is letting businesses build chatbots that can deliver ads while engaging customers. Improved user interaction, streamlined customer service, recommended products—all while helping businesses boost sales through direct advertising. Huge potential for e-commerce and customer engagement!
Meta
➜ The AI Tailor is Here. Fytted has launched a virtual fitting room tool that allows customers to try on clothes virtually before buying. The AI-powered tool leverages advanced body scanning and machine learning to help users find the perfect fit. 600 brands to choose from. Was it worth it? The company said the tool has reduced returns by over 40%. Not bad at all.
Retail Dive
➜ One Pic, Zero Effort, Leave it to Depop. Depop, the social shopping app, can now create product descriptions from just a photo. By analyzing images, AI generates details like item condition, color, and style, which simplifies the listing process for sellers. Drastically streamlined product uploads for sellers. Feel like selling something. 
Depop
➜ GPT Just Got a New Job in Mortgages. The former COO of Brex, now head of the fintech unicorn Figure, says GPT technology is already disrupting the mortgage industry. From streamlining loan applications to improving customer service, AI tools are cutting down on time and costs for both consumers and businesses. Read the story!
TechCrunch
➜ Bye Bye AI Hallucinations. Microsoft has introduced a new tool to correct AI hallucinations, a common issue where AI generates false or misleading information. However, experts are advising caution, noting that the tool is far from foolproof and may require further refinement before it becomes reliable.
Euronews
➜ EU’s AI Club: Apple and Meta Left Ghosting. Major companies like Amazon, Google, Microsoft, and OpenAI have signed up for the EU's AI Pact. The pact is part of Europe’s regulatory push to ensure responsible AI development, and these early sign-ups show a shift toward global AI governance. However, conspicuously absent from the list are Apple and Meta. Hello? 
Independent
➜ Chill, Your Data’s Not That Fancy. Mark Zuckerberg weighed in on AI, stating that creators and publishers may be overestimating the value of their work for AI training. While many are concerned about compensation and recognition, Meta’s stance suggests that data alone may not be as valuable as assumed.
The Verge

💡 What are the nerds up to?

➜ One Model to Solve All Our Problems. “What if you had a LLM that could solve any scientific problem?” asks computer scientist prof. Anima Anandkunar during her recent TEDTalk on Neural Operators. “This is what we are working on.” Watch the whole session – her enthusiasm is contagious.
X
➜ Local Files Got a New AI Secretary. A new Python script leverages AI to organize files locally on your machine, without the need for cloud storage. The tool ensures data privacy and performs tasks like categorizing, tagging, and sorting, all using AI algorithms running 100% offline. Fully open source. Me likes!
Hacker News
➜ AI's Now Bossing Around Product Teams, Gently. Imagine a mini-product manager, assisting businesses in prioritizing tasks, tracking deadlines, and even proposing new product features based on data. It's here. Designed to enhance team efficiency without taking over decision-making entirely, Glitter AI says “hi!”
Glitter AI
➜ The Nerd Whisperer, AKA Agentic AI. Last but not least, a new AI-powered coding tool is making waves among developers for its transparency and ease of use. Designed to be customizable and intuitive, the tool helps both beginners and seasoned developers write, test, and debug code more efficiently. Check out more info and let me know how you find it.
OppyDev

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