π₯ Unveiling GPT-4o and Google's Gemini: The Next Wave of AI Innovation
PLUS: Best Prompts For Personal Finances
Hello family of The AI Journal! π
Brace yourselves for another thrilling dive into the world of artificial intelligence. Today's edition is packed with cutting-edge insights and stories that are sure to ignite your curiosity.
Letβs get started! ππ‘
For today we cooked:
π OpenAI Releases GPT-4o
π€ Google Announces Gemma 2, a 27B-Parameter Version of Its Open Model, Launching in June
π Google is redesigning its search engine β and it's AI all the way down
and moreβ¦.
(Read time - 5 minutes)
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π₯What is hot in the market? Fresh news from the oven
Quick look:
π₯ Google I/O 2024: Everything Announced
π€ Google Announces Gemma 2, a 27B-Parameter Version of Its Open Model, Launching in June
π Google is Redesigning its Search Engine β and It's AI All the Way Down
π° Oracle in Discussions with Elon Musk's xAI for Potential $10 Billion Cloud Deal
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Deep Dive:
π OpenAI Releases GPT-4o
OpenAI has unveiled GPT-4o, their latest flagship model available through an updated UI and API. GPT-4o, standing for "Omnimodel," enhances its capabilities across text, audio, and vision, offering a more natural and conversational experience.
This new model understands context and tone, responds in various tones, and allows interruptions for a more seamless interaction.
π‘ Highlights:
Real-time vision integration: Handles images and videos.
Enhanced capabilities: Combines with memory, GPTs, browsing, and advanced data analysis.
Performance improvements:
Available through UI and API
2x faster
50% cheaper
5x higher rate limits than GPT-4 turbo
Free for all users
Improved speeds in over 50 languages
Additionally, OpenAI introduced a desktop version of ChatGPT and an enhanced Web UI, aiming for a smoother user experience. The company also emphasized ongoing efforts to ensure the safety of their models, addressing the challenges posed by real-time audio and vision.
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π» Prompt of the Week
Best Prompts For Personal Finances
1. I want to create a monthly budget to manage my expenses better. Can you help me design a structured budget plan? I earn $xxxx [input your salary] per month and have fixed expenses like rent ($xxx [input]), utilities ($xxx [input]), and insurance ($xxx [input]). I also have variable expenses like groceries, transport, dining out, and entertainment. Iβd like to allocate a portion to savings and investments too. Please provide a detailed budget plan with allocations for each category and some tips for sticking to it."
2. I'm currently managing multiple debts, including a student loan, a car loan, and credit card debt. I'd like to create a strategy to pay these off efficiently. My student loan balance is $xxx [input] at a 5% interest rate, the car loan balance is $xxx [input] at a 4% interest rate, and my credit card debt is $xxx [input] at a 20% interest rate. I have $xxx [input] per month to allocate towards debt payments apart from my regular expenses. Can you help me devise a repayment plan and suggest the best approach β such as the debt snowball or debt avalanche method?
3. I'm new to investing and want to start building a portfolio. I have $xxx [input] that I can invest initially and am willing to add $xxx [input] per month. Iβm fairly risk-tolerant and interested in a mix of stocks, bonds, and mutual funds. Could you guide me on how to allocate my investments effectively, suggest some strategies for diversification, and explain the basics of how to track and adjust my portfolio over time?
π Video of the week
Introducing GPT-4o
π¨ Image of the Week
Midjourney Prompt: Editorial Style Photo, Eye Level, Modern, Living Room, Fireplace, Leather and Wood, Built-in Shelves, Neutral with pops of blue, West Elm, Natural Light, New York City, Afternoon, Cozy, Art Deco:: Additive::0 --ar 16:9
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π See you all AI Junkies on Friday
Congratulations on making it to the end of this edition of The AI Journal! π
We appreciate your dedication and canβt wait to share more groundbreaking insights with you on Friday.