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Today you will know Elon Musk’s Grok has a problem, a Free course for learning AI, Ways of detecting AI deepfakes, Gemini Major Updates, Best AI Investing Opportunity.

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AI News

Elon Musk predicts AI smarter than humans by next year

Elon Musk, the multibillionaire tech mogul, has predicted that superhuman artificial intelligence (AI) that is smarter than any human could exist as early as next year. This is a significant revision of his previous forecast, which suggested that superintelligent AI would not emerge until 2029.

Power and Computing Limitations

However, Musk’s prediction comes with a caveat. He warns that the sector’s increasing power and computing demands could become unsustainable, potentially limiting the evolution of AI. Last year, the AI industry faced a shortage of Nvidia chips, and this year, it is transitioning to a voltage transformer supply. Musk anticipates that in a year or two, the primary constraint will be the electricity supply.

Musk’s Concerns and Efforts in AI

Musk has expressed concerns about the potential ramifications of superintelligent AI. In 2023, alongside the launch of his AI startup, xAI, Musk stated, "If I could press pause on AI or really advanced AI digital superintelligence I would. It doesn’t seem like that is realistic so xAI is essentially going to build an AI. In a good way, sort of hopefully". He emphasized the importance of worrying about a Terminator-like future to avoid such a scenario.

xAI’s Progress in AI Development

A year later, xAI is striving to lead the development of superintelligence. Musk claimed that the latest version of its chatbot, Grok AI, was on par with GPT-4, the leading model from OpenAI. However, GPT-4 is more than a year old, and competitors have already met or exceeded its capabilities.

Musk’s Track Record with Predictions

It’s worth noting that Musk’s predictions have been known to be overly optimistic. For instance, he previously forecasted that a Tesla would be able to drive autonomously from New York to Los Angeles within two years and that SpaceX would fly to Mars in 2018, neither of which has come to pass.

AI Investment

Investment Opportunity on AI Device

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AI Updates

Google's Gemini 1.5 Pro now hears.

Google’s Gemini represents the company’s most capable AI. The Gemini models are designed for multimodality, seamlessly reasoning across text, images, audio, video, and code.

Gemini’s Superior Performance

Gemini is the first model to outperform human experts on MMLU (Massive Multitask Language Understanding), a popular method to test the knowledge and problem-solving abilities of AI models. Gemini 1.0 Ultra surpasses state-of-the-art performance on a range of benchmarks, including text and coding.

Gemini’s Multimodal Capabilities

Gemini 1.0 models surpass state-of-the-art performance on a range of multimodal benchmarks. These include multi-discipline college-level reasoning problems and natural image understanding.

Gemini’s Availability and Future Plans

Gemini is available in 40 languages on the web and is coming to a new Gemini app on Android and on the Google app on iOS. The version with Ultra will be called Gemini Advanced, a new experience far more capable at reasoning, following instructions, coding, and creative collaboration.

AI Updates

Dove’s Anti-AI Stance

Dove, a Unilever brand, has pledged not to use artificial intelligence (AI) to portray real people in its advertisements. This decision is part of Dove’s long-standing Real Beauty campaign, which is celebrating its 20th anniversary.

Real Beauty Campaign: A Revolutionary Approach

The Real Beauty campaign was launched in 2004 and has reshaped the beauty industry by challenging and redefining prevailing beauty standards. Instead of using conventional models seen in beauty ads, Dove opted for authenticity, featuring real women of diverse body types, ages, and ethnicities.

The Impact of the Real Beauty Campaign

The campaign’s social impact goals were evident from the outset. Dove aimed to change the narrative around beauty, inspiring women worldwide to embrace their unique beauty. Furthermore, the campaign sought to influence other brands and the advertising industry to adopt a more inclusive and realistic portrayal of women.

AI STOCKS

5 AI Stocks Could Drop 86%, Say Wall Street Analysts

Nvidia

First AI stock to potentially drop post-surge: Nvidia (NASDAQ: NVDA). Despite analyst target hike to $620 from $410, it implies a 30% decline from April 5 close.

Super Micro Computer

Another AI stock facing potential decline: Super Micro Computer (NASDAQ: SMCI). Analyst Mehdi Hosseini of Susquehanna maintains a $250 price target, suggesting a nearly 75% drop from current value.

Tesla

Tesla (NASDAQ: TSLA) faces a potential downturn, according to Gordon Johnson of GLJ Research, predicting an 86% drop to $23.53 per share. Despite historic achievements, Tesla grapples with declining EV demand and eroding margins, cutting prices multiple times in 2023.

MicroStrategy

MicroStrategy (NASDAQ: MSTR) faces potential devastation if Jefferies' Brent Thill's target of $210 proves right, signaling an 85% drop. Despite stagnant growth in its AI-driven enterprise analytics division, MicroStrategy gains attention for CEO Michael Saylor's Bitcoin strategy, holding over 214,000 Bitcoin.

Palantir Technologies

Palantir Technologies (NYSE: PLTR) could face a significant drop, as RBC Capital's Rishi Jaluria reiterates a $5 price target, suggesting a 78% decline. Despite high valuation multiples and slowing sales growth, Palantir's future remains uncertain.

Breaking News

Dimon: AI transformative. Invest smart.

JPMorgan CEO Jamie Dimon predicts AI’s impact will be as transformative as the internet and electricity

Google Vids: AI-assisted custom videos.

Google introduces Google Vids, an AI-powered video creation tool for work, enabling real-time collaboration and customization

Amazon invests $25M in 10-year AI research.

Amazon invests $25 million in a 10-year AI research collaboration with the University of Washington, the University of Tsukuba, and NVIDIA