Pay with Your Palm using AI 🖐️

Today’s top AI Highlights:

1. Microsoft’s AI-powered Smart Backpack

2. Amazon One’s generative AI revolution to replace your wallet with palm

3. Refact LLM - smaller but better code generation model

4. Create videos in ChatGPT

& so much more!

Read time: 3 mins

Latest Developments 🌍

Microsoft's AI Smart Backpack 🎒

Microsoft just introduced an AI-powered smart backpack that's more than just a storage space. Loaded with AI capabilities, this backpack can see, hear, and interact with the environment around you, taking digital assistance to a whole new level.

Key Highlights:

• All-in-One Tech Suite: This bag is equipped with a camera, microphone, speaker, network interface, processor, and storage, making it a self-contained AI assistant.

• Contextual Awareness: From identifying ski slopes to scanning grocery items, this backpack uses AI to understand your environment and provide assistance.

• Multi-Step Processing: Once you command the backpack, it senses the surroundings, interacts with its AI engine for interpretation, and provides a response — be it an answer or task acknowledgment.

Amazon One - Your Palm is your new AI Wallet 🖐️

Amazon One is transforming how we transact and access services by uniquely blending biometrics with generative AI. It aims to offer unparalleled speed, convenience, and security.

Key Highlights:

• Sky-High Accuracy: Generative AI creates synthetic palm images, making the system 100x more accurate than iris scans.

• Beyond Payments: Rolled out in 500 Whole Foods and more, it's for payments, loyalty cards, and even age verification.

• Privacy First: Built to prioritize data security and customer privacy, it can't detect gender or skin tone.

Refact LLM Code Generation - Smaller, Faster, Smarter 🤯

Meet Refact LLM, a 1.6B parameter code generation model that outperforms its competitors on HumanEval benchmarks. With real-time code completion and chat functionalities across 20 programming languages, it's a powerful tool for developers.

Key Highlights:

• Exceptional Performance: Achieves a HumanEval score of 32%, outpacing competitors like StableCode and CodeGen, despite being 10x smaller in size.

• Versatile and Accessible: Supports 20 programming languages, can be served on most modern GPUs requiring just 3GB RAM, and is available for commercial use.

• Easy Integration and Customization: Comes with open-source Docker container, VS Code and JetBrains plugins, and offers fine-tuning options for your private codebase.

Tools of the Trade ⚒️

• CapCut: ChatGPT now has CapCut plugin that transforms your ideas into stunning videos. Just provide your idea as text prompt, and let AI craft the script, find the perfect shots, and stitch them all into a polished video!

• Pieces for Developers: Pieces is an intelligent code snippet manager that uses on-device machine learning to organize and enrich your code snippets. It offers features like OCR for code extraction and natural language search.

• Automorphic AI: It streamlines the fine-tuning of language models, allowing rapid iterations and human-in-the-loop feedback. It's compatible with the OpenAI API, offering features like self-improvement through user feedback.

• ArtVisioAI: An AI-powered art generator that excels in creating legible and visually appealing text-based art.

• Generative Insights by Tactic: Automates research and analysis to help you make smarter decisions. It can organize and analyze text data from various sources, providing contextual highlights and key answers relevant to your business.

Hot Takes 🔥

• The first home printer that integrates with ChatGPT is going to be wild ~ Logan

• Here’s a funny thing. If you are not training your own models (only few should ever do that) building an AI startup is actually *cheaper* than building a non-AI startup. ~ Emad Mostaque

Meme of the Day 🤡

That’s all for today!

See you tomorrow with more such AI-filled content. Don’t forget to subscribe and give your feedback below 👇

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