Happy Tuesday, AI enthusiasts!

IN TODAY’S ISSUE

• 🤖 ChatGPT app revenue shows no signs of slowing, but some other AI apps top it

• 🖥 AI tool of the day - Trickle: transform screenshots into searchable treasures with AI

• 🧑‍🎨️ Artists lose first round of copyright infringement case against AI art generators

• 🏛 President Biden issues executive order on safe, secure, and trustworthy artificial intelligence

• 🔥 5 trending AI tools

• 🐦 Tweet of the day

• ⚡️ 5 quick and fresh AI updates

Read time: 4 minutes

MOBILE APPS

🤖 ChatGPT app revenue shows no signs of slowing, but some other AI apps top it

OpenAI's ChatGPT has rapidly grown in the AI chatbot app arena, significantly dominating in downloads and revenue since its mobile launch in May. As of September 2023, ChatGPT registered 23 million downloads and almost $2.39 million in revenue by October 24.

However, while ChatGPT has established itself as a staple in AI chat experiences, it hasn't secured the top spot in AI app revenue. Several photo AI apps and even other AI chatbots, such as "Chat & Ask AI" and "ChatOn — AI Chat Bot Assistant," outperformed ChatGPT in terms of revenue, with respectively $3.38 million and $2.11 million in revenue. Other apps are also in close competition, demonstrating that the market for AI apps extends beyond just ChatGPT.

ChatGPT's progress showcases the immense potential of AI chatbot apps. Still, the competitive landscape underscores the diverse needs and interests of users. It's fascinating to observe this dynamic interplay and see how apps adapt to retain user engagement in the ever-evolving AI domain.

Read more here

AI TOOL OF THE DAY

🖥 Trickle: transform screenshots into searchable treasures with AI

For many of us, our devices are flooded with screenshots, a chaotic collection of moments, information, and memories. More often than not, they get lost in a labyrinth of files, making it nearly impossible to retrieve when needed.

But imagine if there was a way to transform this disorderly jumble into a treasure trove of insightful information. This is where Trickle, powered by the prowess of GPT-4, comes into play. Beyond mere summarization, Trickle deciphers the very essence of your captures, offering you an intelligent archive system.

Whether it's text-heavy documents or intricate diagrams, the platform provides AI-generated summaries and insights, making retrieval and interaction a breeze. Dive into a world where every screenshot you take holds the potential for a goldmine of insights.

More info here

AI AND COPYRIGHT

🧑‍🎨️ Artists lose first round of copyright infringement case against AI art generators

Artists recently suffered a blow in a novel lawsuit against AI art generators, alleging unauthorized use of vast internet images to train these systems. Most claims were dismissed, except for a specific infringement claim against Stability AI.

• The main concern revolves around whether AI systems like Stable Diffusion genuinely incorporate copyrighted images.

• The training processes of these AI models remain largely opaque, presenting challenges for the plaintiffs.

• Orrick emphasized the need for clarity in the plaintiffs’ allegations, especially concerning the role of Midjourney and DeviantArt.

This lawsuit brings forth intriguing questions about the boundaries of AI-generated content and intellectual property rights. As AI becomes a prominent tool in creative processes, it's crucial, but incredibly complicated, to establish clear legal parameters, ensuring fair usage and respecting artists' rights.

Read more here

NEWS

🏛 President Biden issues executive order on safe, secure, and trustworthy artificial intelligence

Artificial intelligence continues to reshape the modern landscape, offering vast potential but also raising genuine concerns. In light of this, President Joe Biden recently signed an executive order to establish clearer guidelines for AI.

This move builds upon previous non-binding agreements the White House formed with leading AI companies. The order lays out eight primary goals, encompassing areas like AI safety, privacy, equity, and civil rights, all while promoting innovation and safeguarding consumers, workers, and students. It also seeks to solidify the U.S.'s leadership in AI technologies.

Various government agencies have been assigned the task of developing standards that combat the misuse of AI, particularly in areas such as biological material engineering and content The National Institute of Standards and Safety (NIST) has been given the responsibility of "red teaming" AI models pre-release.

Furthermore, significant AI developers, including OpenAI and Meta, are mandated to disclose their safety test results. The executive order's underlying intention is to ensure AI advancements benefit society without compromising safety, security, or trustworthiness.

Read more here

5 TRENDING AI TOOLS

🖥 Notice

Create your custom blog, FAQ & doc in 30 seconds with AI. (link)

🧠 GenVid

Generate SaaS product launch videos with AI. (link)

🤖 Looka

AI-powered platform to design a logo and brand you love. (link)

🚀️ AI Love Code

AI tool that helps developers in create stunning websites while efficiently generating source code. (link)

💬 DeepTalk

AI powered consultant to chat with your data. (link)

TWEET OF THE DAY

🐦️️ A quick update on Google Bard

QUICK AND FRESH

💻 With its New M3 Chips, Apple joins the AI party

💫 RedPajama-Data-v2: an open dataset with 30 trillion tokens for training large language models

🏥 UK launches £100M AI Life Sciences fund to treat incurable diseases

📈 AI is finally resulting in real growth for Big Tech

🧠 Amazon’s Andy Jassy plans to crash the AI party

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Until next time, stay informed!