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Happy Friday, everyone! I hope you have a fantastic weekend and get a chance to explore Strawberry, OpenAI's new models. In this edition, we dive into what they offer. We're also continuing to build in public and learning a lot along the way, we share the latest developments. Plus, we have more No-Code AI tools for you and a look at how AI's energy demands are making their way to the White House. Let’s dig in!!!

• 📰 News and Trends.

• Strawberry Has Arrived and it is Very Expensive.

• AI Executives go to the White House with Energy Demands.

• Building in Public 2

• 🧰 AI Tools (Low Code - No Code IV)

📰 AI News and Trends

• OpenAI in Talks with Emirati Fund MGX for $7 Billion Fundraise (TheInformation)

• Mistral releases Pixtral 12B, its first multimodal model (TC)

• OpenAI has been talking to a UAE state-backed fund about participating in the AI developer’s capital raise of up to $7 billion (TheInformation)

• Google DeepMind teaches a robot to autonomously tie its shoes and fix fellow robots (TC)

• Technology takes class-action lawsuits out of the slow lane. Automated systems are driving new business for lawyers (FT)

🌐 Other Tech news

• Apple gets FDA authorization to turn the AirPods Pro into hearing aids (TheVerge)

• Sony Bank will create a stablecoin for the Japanese Yen with Ethereum Layer 2 Soneium (ThreadReader)

• The U.K. government has introduced a bill to clarify the legal status of digital assets like crypto and NFTs (CoinDesk)

• Wall Street Banks Curb Overwork but Keep Demanding Hours and High Pay (WSJ)

• SpaceX Astronauts Conduct Spacewalk, Putting New Spacesuits to Test (WSJ)

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Strawberry Has Arrived and it is Very Expensive.

OpenAI has released its much-anticipated "Strawberry" model, officially named o1, designed for reasoning and solving complex problems like math and coding. o1 outperforms previous models in multistep tasks, but it's slower and more expensive to use, costing $15 per 1 million input tokens and $60 per 1 million output tokens. While the model is a step toward human-like AI reasoning, it's still in a "preview" phase and remains prone to some errors, such as hallucinations. ChatGPT Plus and Team users can access it now, with wider availability planned. Access is extremely limited—users can test only 30 queries per week on the big model and 50 queries per week on the mini model due to its high costs.

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AI Executives go to the White House with Energy Demands.

The CEOs of Nvidia, OpenAI, Microsoft, AWS, and CoreWeave met with U.S. officials to discuss the energy demands of AI and how to accelerate AI-focused data center development. Nvidia's CEO, Jensen Huang, emphasized the need for public-private collaboration to address power constraints due to AI's rapid growth. The White House announced initiatives, including a task force to align AI data center projects with economic and environmental goals, and efforts to fast-track data center construction. AI developers are spending billions on Nvidia's server chips to power these advancements.

Building in Public 2.

In our last edition of “Building in Public,” we introduced our app, developed with the help of OpenCV University. The app, now live, lets users upload images, apply a vintage filter (I know the filter can improve, but the foundation is there), and download the results. After resolving an issue where images weren't displayed by running the server 24/7, we launched another app with three image processing options:

1. Blur: Reduces image noise and detail by averaging pixel values. Ideal for smoothing and soft-focus effect (s.

2. Canny Edge Detection: Detects key points and edges, useful for object detection and motion tracking.

3. Feature Detection: Identifies image boundaries, simplifying analysis by focusing on structural elements.

These computer vision apps showcase endless possibilities in image and video processing. These are extremely simple and undressed frontends, but one they work exactly how we want with a larger menu for users, we can create nice-looking sites for commercialization. With a global front-end and a cost under $1 per week, we are now exploring API integration for LLMs to enhance chatbot and image processing capabilities. Stay tuned!

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