Snapchat+ subscribers can now create and send AI-generated images

Dec 13, 2023

Greetings, AI aficionados! 🌐✨ It's time to dive into the latest and greatest in the realm of artificial intelligence with the Daily AI News Briefing brought to you by Poco AI. Picture this newsletter as your passport to the future—where algorithms meet anecdotes and where the tech of tomorrow becomes the talk of today.

Snapchat's Snap-tastic AI Adventure 📸🤯

Snapchat has introduced new AI-powered features for Snapchat+ subscribers, enabling them to create and send AI-generated images based on a text prompt. Subscribers can choose from a selection of prompts or type their own, and the app will generate an image accordingly. Additionally, subscribers can now use the app's Dream selfie feature with friends and access a new AI-powered extend tool to adjust the composition of their photos. Snapchat+ subscribers, who pay $3.99 USD per month, get one free pack of eight Dreams a month. The new features are part of Snapchat's effort to enhance its AI capabilities.

Amazon's AI-Enhanced Shopping Experience 🛍️🤖

Amazon.in has introduced a new feature called AI-Generated Review Highlights, using generative AI to provide customers with short paragraphs on product detail pages that highlight key features and sentiments frequently mentioned in written reviews. The feature aims to empower customers with enhanced product insights, making it easier for them to make informed purchase decisions. The AI-Generated Review Highlights serve as a valuable tool for customers seeking a quick understanding of a product's overall sentiment and key attributes, providing a snapshot of common themes from reviews. This initiative is part of Amazon's commitment to continuous innovation and providing a trusted e-commerce experience.

GuardZ: Fortifying Security with AI 💼🔒

Guardz, an Israeli startup focusing on security tools for small and medium businesses (SMBs), has raised $18 million in a Series A funding round. The company, which provides an all-in-one security and cyberinsurance service, initially targeted SMBs directly but has shifted its approach to working with managed service providers (MSPs) that sell and manage IT services for SMBs. Guardz has around 200 MSPs on its books, serving about 3,000 SMBs and approximately 36,000 seats overall. The funds will be used to hire more engineering talent and continue evolving the Guardz product. The company's security platform utilizes AI-based automation to detect malicious activity, provide remediation, and generate activity reports. This funding round, led by Glilot+, brings Guardz's total funding to $28 million.

Durable: AI-Powered Tools for Small Businesses 🧰💡

Durable, a Canadian startup based in Vancouver, has secured $14 million in a Series A funding round led by Spark Capital. Durable offers AI-powered business tools, including a website creator, for small businesses in various service industries. The company's website builder, which launched a year ago, has been used to create over 6 million websites. Durable plans to use the funding to continue expanding its platform and developing AI tools for small business owners. The ultimate goal is to create an omniscient assistant that provides proactive suggestions to help users run their businesses more efficiently.

Laredo's Gen-AI Dev Revolution 🖥️🔄

Laredo Labs, a startup founded in 2022, is developing an AI-driven platform for code generation. The platform uses an AI model trained on data from around a hundred million software projects to write, edit, and delete code based on high-level natural language commands. Laredo aims to automate repository-level tasks from instructions or text taken verbatim from an issue tracker. The platform is currently available in private preview. Laredo recently raised $8.5 million in a seed round co-led by Radical Ventures and Horizons Ventures, and the funds will be used for hiring and expanding the team.

Hyperplane: Bringing AI to Banks 🏦🤖

Hyperplane, a San Francisco-based startup, has emerged from stealth with a $6 million funding round led by former Stripe executive Lachy Groom. The startup focuses on building foundation models to help banks predict customer behavior and provide personalized experiences. Hyperplane is already working with about a dozen banks in Brazil and aims to expand its services to the U.S. The company offers APIs for banks to build personalization models using their first-party data, enabling them to create audience segments and lookalike audiences. Hyperplane has also launched Mandelbrot LLM, a model that predicts customer behavior such as churn.

In the vast landscape of AI news, these snippets offer a glimpse into the cutting-edge developments shaping our digital tomorrow. So, fasten your seatbelts, fellow tech enthusiasts! Our Daily AI News Briefing is not just a newsletter; it's your front-row ticket to the AI revolution. Stay tuned for more, and remember, the future is now, and it's incredibly exciting! 🌐🚀