This week was supercharged with politics, with India undergoing its general elections for central government. Weatherwise, the ups and downs in weather are taking a toll on living beings (not just humans)!
So, relax this weekend and drink loads of water from an earthen pot, not refrigerated water. You can also put up little water bowls for birds and such!
While you are chilling under the AC, we have some hot news to keep the temperature up!
This week, we also bring you information about the best cryptos to buy. So, keep reading and hope for a cooler Monday!
Apple new AI Model for all Apple phones and laptopÂ
Apple will be launching its new AI model, known as the Open-source Efficient Language Model, or OpenELM. This provides generative AI capabilities to all Apple laptops and phones.
OpenELM is a curation of four smaller language models from the Hugging Face library. It will help with text-based tasks like chatting, emailing, and more. A competitor to Grammarly is rising!
The best part about it is that it is open-source, which is a big thing coming from Apple! OpenELM has fewer parameters compared to Phi-3 (Microsoft) and Gemma (Google). This makes it lighter and easier to use on various devices.
Apple’s previous attempt at an AI model was in the form of MGIE, which helped fix the images based on prompts.
AI vs. Fentanyl overdose problem in the USA
AI’s data analysis and machine learning capabilities will be used by American authorities to track and curtail Fentanyl’s inflow from their borders and ports. Almost 85% of fentanyl comes from outside the USA.
Fentanyl overdose is a major problem, causing 70,000 (2023) drug overdose deaths in America. Imagine the number of lives and families affected by fentanyl, which must be in the millions.
The Department of Homeland Security (DHS) is in cahoots with the Customs and Border Protection Agency (CBP) to use AI to find trucks and transporters that might be carrying fentanyl.
They will use previous arrest data to understand the fentanyl transportation procedures (hiding spots, flat tyres, body damage, driver behaviours, and more) and then compare inbound traffic with it, in real-time. This way, the authorities will have a better prospect of catching the smugglers.
AI will also learn on the go! This could lead to big changes in the status quo of drug abuse, drug overdose, and the infamous Drug Wars!
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Warner Bros Discovery betters ad-targeting with a new data platformÂ
Warner Bros.’s is launching its new data platform, Olli, which would use first-party data from its users to improve ad-targeting. The audience from their digital and cable channels would be targeted.
The Interpublic Group of Companies (IPG), which is an advertising group housing many media brands, will start Olli’s testing in the third quarter, or Q3 2024. Since Olli will have access to first-party data, it will be able to create in-depth profiles. The results would be increased ad campaign performance and precision targeting.
Warner Bros. owns 10 cable channels (HBO, CNN, Discovery, and more) in 220 countries and many digital channels. Thus, the users of 220+ countries can be targeted accurately with Olli’s help!Â
AI for Digital Marketing: Turn Data into Digital Gold
AI for digital marketing is a godsend! It can use its personalized UX (user experience), predictive analysis, and more to generate gold (digitally) from your data.
What businesses are slowly realizing in this data-run world is that whoever has customer data can churn it into revenue by helping marketers,
- Know their audiences better,
- Predict their behaviors,
- Create ads that resonate directly with users’ emotions.
Did you know?
- 35% of businesses and 77% of devices are already using AI.
- 90% of organisations support AI.
- USD 15.7 trillion would be AI’s contribution to the global economy by 2030.
AI usage for Digital marketing:Â
- Shopify introduced an AI-shopping assistant to provide Shopify stores with assistance and personalized suggestions.
- Volkswagen uses AI to find the best placements for their ads, aiming to reduce ad spend and increase sales by 20%.
- Calm used Amazon Personalise (an AI recommendation engine) to provide personalized content to its users.
So, you understand now that AI can transform your data into gold (personalized information), which can be used in digital marketing and increase ROI!Â
Best crypto to buy right now
Bitcoin halving in April 2024 can generate a bull run in cryptos and manifest gains of up to 1000–2000% within just 90 days.
Bitcoins are halved, i.e., miners get 50% lesser rewards every time 210,000 new bitcoins are added. It happens every four years (approx.). It happens, so the value of Bitcoin will remain high and its demand will remain strong. This process will continue until there are 21 million bitcoins (an expected 740,000 bitcoins after April 2024 halving).
Last time the bitcoin halved (May 11, 2020), its value increased from USD 6877.6 (April 11, 2020) to USD 49,504 (May 11, 2021), i.e., 719% profit.
You can invest in any crypto (right now) and make 1000% gain within 90 days, or you can focus on CREDITCOIN (CTC) and make 2000% ROI!
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From all the news above and more, AI has emerged as the winners’ secret tool! Use it and win easily, or avoid it and maybe win with great difficulty. Plus, the cryptos are really increasing the heat! If you like to enjoy the cool breeze on a summer vacation, invest in cryptos!
Well, that brings our third edition of the Weekly Roundup to an end. It is a pleasure to go through the internet and find news worthy of you, our cherished readers! Keep giving us more such opportunities!
In case you missed last week’s Weekly Roundup!
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Until next week, Tech Freaks!