☠️ DeepFakes everywhere, Canva, and AI Tools.

Contents:

• 🎨 Canva jumps on the AI bandwagon

• 🧰 AI Tools of the week

• ☠️ DeepFakes danger

• 💭 No Revenue? No problem. Just add AI to the name

• ⚙️ Are you looking for a role in an elite company?

🎨 Canva jumps on the AI bandwagon

Canva is an Australian online graphic design tool that allows users to create various types of designs, including social media graphics, presentations, posters, flyers, and logos.

The platform offers a wide range of templates, images, and graphics that users can use to create unique and visually appealing designs. Canva also allows for easy collaboration with team members and offers a simple and intuitive interface that is user-friendly even for those without design experience.

I personally use it to design flyers, e-books, and social media posts, the company has joined the Artificial Intelligence frenzy by adding amazing features to streamline your design efforts:

• Magic Design - simply upload an image, select a style, and watch it come to life

• Draw your ideas - Draw and canva will create design templates from it.

• Translate Designs - Create designs in any language.

• Magic Eraser and Magic Edit - Erase parts of your images for editing purposes.

• Beat Sync - Music to sync to the beat of your images/videos.

• Generate Presentations - AI creates presentations for you.

• Magic Write - Assistance with SEO and written presentations

• Text to image - ala Dall-e and Stable Diffusion.

• Create animations - Video functionalities.

Definitely worth playing with to see if this tool can help you with your design efforts.

🧰 AI Tools of the week

• GoodNightReader - Generates personalized bedtime stories for children. The tool allows users to customize the character and plot of the story and start an adventure for their child to enjoy.

• BrightBid - Offers automated bidding and optimization solutions for Google Ads. The company claims that its AI engine can boost campaign results by at least 35%.

• Stork.ai - Alternative to zoom. AI-powered meeting portal that offers a personal URL for real-time video and audio communication with anyone on the web, without requiring a host.

• Quizbot - Question generation tool that enables users to create high-quality written content quickly and easily. Suitable for a variety of use cases, such as research, language learning, entertainment, and more.

• Dreamlife - AI-powered camera app that enables users to capture images that are enhanced through the use of artificial intelligence, resulting in photos with improved clarity, color accuracy, and focus. Great for Real Estate and design purposes.

• Alter Ai - Cybersecurity AI tool that provides valuable insights and helps detect potential security threats.

• Advantis - Reveal the risks of any crypto project.

☠️ DeepFakes danger

Eliot Higgins, the founder of Bellingcat, used an AI art generator to create fake images of Donald Trump being arrested and shared them on Twitter.

The images, which were viewed almost 5 million times, highlight the potential of AI-generated images to create confusion in volatile news environments. Although Higgins made it clear that the images were fake, the episode reveals the absence of corporate standards or government regulations addressing the use of AI to create and spread falsehoods.

Higgins' use of the AI art generator shows how the technology is advancing fast, and it's easy to see how it could be used in a coordinated way to deceive people. The major technology companies have inconsistent policies on deepfakes, and the technology has become more sophisticated and harder to detect. The use of deepfakes poses a significant global risk, especially as we move into election season, and people need accurate information about the people running for office.

Interesting read related to the above article: MIT professor to Congress.

💭 No Revenue? No problem. Just add AI to the name

Character.AI, a startup company that creates chatbots simulating characters or famous people, has raised $150 million in a new funding round led by venture capital firm Andreessen Horowitz, bringing its valuation to $1 billion.

The chatbot startup, founded by two former Google engineers, plans to use the funding to hire more engineers and expand its capabilities, including releasing a more advanced chatbot model that can write emails or help people study for tests. The latest development in AI comes after the launch of OpenAI's ChatGPT chatbot, which was released in November 2022.

Around 40% of European startups classified as "AI startups" do not actually use artificial intelligence, according to a report by venture capital firm MMC. The report found that only 1,580 out of 2,830 companies labelled as AI firms actually made use of the technology. However, startups that were described as being in the field of AI attracted between 15% and 50% more funding than those that were not. One in 12 European startups now use AI as part of their products or services, up from one in 50 six years ago, according to the study.

The AI hype will continue to be exploited in the business world and we have to be very careful and do our own research when investing in AI companies and when using AI platforms. Just for the record Character.ai does use the technology, but its high valuation has a lot to do with the hype.

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