📱 Ai Pin - hit or miss?

🧵 In today's edition:

• 📱 Ai Pin - hit or miss?

• 🍎 Apple x DarwinAI

• 📜 India eases up on strict AI regulation

• 🎙️ New episode ft. Phil Vander Broek and Karthik Sethuraman of Dopt

• 🤑 AI Fundraising News

• 🗞️ AI Quick-Bytes

• 🐦 Tweet Post of the Day

📱 Ai Pin - hit or miss?

Humane's Ai Pin began shipping its first batch of pre-sales earlier this month, and the reactions have been…mixed.

To recap, here's a brief description of the Pin:

• The Ai Pin is a wearable AI assistant designed to reduce our dependence on phones and keep us connected in real life.

• Equipped with a Qualcomm Snapdragon processor, the Ai Pin can manage calls, texts, music, and even photos or videos - all via voice, touch, or gesture commands.

• The Ai Pin distinguishes itself by its ability to learn and adapt to your needs over time while processing data locally for fast, context-aware responses.

Here’s some of the positive feedback we’ve seen on the device:

• The camera delivers excellent quality, capturing high-definition footage.

• Interacting with the Pin seems straightforward, and it shows a strong ability to convert spoken commands into actions.

However, it isn’t all rosy:

• While the laser display is "sharp," it is relatively small (compared to a phone) and only lasts a few seconds.

• The device tends to overheat quickly if the laser feature is used excessively.

• Voice commands work well, but there's a delay in the device's responses. This is possibly due to the device transcribing your questions into ChatGPT before providing an answer. So the question is… won’t it be easier to Google your question instead?

While there is no doubt that the device is revolutionary, certain issues need to be resolved before it can truly be the "game-changer" it promises to be.

Read more: Mashable

🍎 Apple x DarwinAI

Apple has been making strategic moves to establish its presence in the AI race.

Recently, Apple acquired DarwinAI, a Canadian startup known for its innovative vision-based technology that enhances manufacturing efficiency. 

This acquisition, indicated by the recent transition of DarwinAI's team to Apple's machine learning divisions, aims to revolutionize how Apple manages its manufacturing components.

Here's a summary:

• DarwinAI's expertise in creating compact, high-speed AI models aligns with Apple's goal to introduce on-device GenAI features in the upcoming iOS 18.

• Although Apple is slightly behind its rivals in the GenAI domain, this acquisition shows a strong commitment to catching up. 

• Plus, CEO Tim Cook hinted at exciting GenAI-powered developments later this year, so it’ll be exciting to see how DarwinAI plays into the bigger picture 👀

Read more: TechCrunch

📜 India eases up on strict AI regulation

A few weeks ago, the Indian government issued a mandate requiring all AI models and related software to secure approval before deployment.

This regulation aimed to ensure responsible AI development, addressing national security and ethical concerns. 

However, it had some glaring potential side effects:

• The regulation could slow down innovation by introducing delays and increasing costs, particularly for smaller companies with fewer resources.

• It also raised questions about the criteria for evaluating AI technologies and the possibility of a regulatory environment favoring larger corporations over startups.

But now, after facing criticism from entrepreneurs and investors, the Ministry of Electronics and IT has revised and updated its AI advisory:

• The updated advisory states that companies no longer require government approval before deploying AI models in the market.

• Instead, companies are encouraged to label experimental AI technologies and provide guidance on their potential limitations.

IMO, this decision better reflects India's commitment to enabling technological growth while ensuring user safety and transparency. 

Read more: TechCrunch

🤑 AI Fundraising News

• CureSkin raises $20M in Series B funding to develop an AI-driven dermatology platform.

• Lily AI raises $20M in Series B-1 funding to provide an AI-powered retail technology platform that enhances shopping experiences through generative AI, computer vision, natural language processing, machine, and deep learning.

🗞️ AI Quick-Bytes

What else is going on?

• Aaron Levie leads Box into its third era focused on workflow automation and AI.

• AI is keeping GitHub chief legal officer Shelley McKinley busy.

• US holds conference on military AI use with dozens of allies to determine 'responsible' use.

• China is falling behind the US in the AI race.

• AI-powered robotics will fuel job disruptions in ways we don’t realize.

• Meet Devin: The first AI software engineer.

• Ex-Google engineer charged with stealing AI trade secrets while working with Chinese companies.
   
  

🐦 Tweet Post of the Day

AI made this entire trailer… wild times 🤯