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In an attempt to make kids eat healthier, McDonald’s once developed bubblegum-flavoured broccoli. The experiment failed as children found the taste confusing and unappealing.
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What’s in store:
There’s a Chinese rival to ChatGPT.
Humanoid robots will become more mundane than usual.
Around the web: iOS 18 beta features dynamic wallpaper with shifting colours.
Dice Cream - Where AI and robotics meet ice cream!
Read Time: 5 minutes
AI IN CHINA
At the World AI Conference in Shanghai, SenseTime introduced its latest AI model, SenseNova 5.5.
This model can identify and describe objects, provide feedback on drawings, and summarise text instantly.
SenseNova 5.5 is comparable to OpenAI’s GPT-4, the leading AI model from a US company.
To attract users, SenseTime is offering 50 million free tokens and free migration support from OpenAI’s services.
The launch is strategically timed, as OpenAI has announced that it will block users in China from accessing its services starting 9 July.
Rising US-China tensions and restrictions on semiconductor exports to China heavily influence this decision.
Here’s what you should know about it:
SenseNova 5.5 rivals OpenAI’s GPT-4 in performance.
SenseTime offers 50 million free tokens and free migration support.
OpenAI’s block on Chinese users starts on 9 July due to US-China tensions.
AI token wars
Chinese companies like SenseTime, Baidu, Zhipu AI, and Tencent Cloud are seizing this opportunity, offering free tokens and migration services to attract OpenAI's displaced users.
Baidu, for instance, is providing 50 million free tokens for its Ernie 3.5 model, while Zhipu AI offers 150 million free tokens for its model.
Tencent Cloud is also giving away 100 million free tokens until the end of July. It’s free token season!
Experts believe this move might accelerate the development of Chinese AI models, though some concerns remain about profit margins and innovation due to intense competition.
Chinese commentators have largely viewed OpenAI’s departure as a push towards greater technological self-reliance.
State media outlet the Global Times described it as a US attempt to hinder China’s tech development.
However, US restrictions on China’s AI industry are starting to have an impact.
Due to a chip shortage, Kuaishou, an online video giant, had to limit usage of its new text-to-video AI model.
There is also a booming hidden market for US semiconductors as companies find ways to bypass the sanctions.
Being blocked from US software may inspire similar creativity.
The AI race is hotting up!
Will OpenAI's exit from China help or hinder them? |
Vote for live results and see results + opinions from yesterday at the bottom of the email.
AI & ICE CREAM?
Robots + Ice Cream = Profit?
Ice cream robots sound straight out of a child’s fantasy, but they are real and coming to serve you deliciousness.
Dice Cream is a new company using robotics and AI to power their autonomous ice cream vending machine and cut down labour costs.
They’ve already got a working prototype and agreements to begin operations in several countries.
You can invest in Dice Cream now, but their campaign ends July 15th, so don’t miss this sweet deal!
On This Day
July 10th 1962 - Telstar, the world's first communications satellite, is launched into orbit; it successfully transmits the first live transatlantic television signals.
Tool of the Week
GodMode AI
Developed by FOLLGAD, this tool uses generative agents to produce unique and creative outputs from simple data inputs. Ideal for various applications, from market analysis to creative writing, it enables users to explore innovative ideas and gain fresh insights, without any technical skills.
AI JOBS
AI-powered robots are increasingly present in Silicon Valley, with potential solutions for global labour shortages.
Companies like Tesla, Amazon, Microsoft and Nvidia have invested billions in “humanoid” robots-machines designed to perform human tasks.
Currently, they’re used in warehouses but may soon appear in homes and offices.
Elon Musk champions the Optimus robot, claiming it will transform the world more than Tesla’s cars have.
Musk predicts Optims could push Tesla’s market cap to $25 trillion, becoming a major part of the company’s long-term value.
Amazon is also using Agility Robotics’ Digit robots in its fulfilment centres.
What you should know:
The humanoid robot market is expected to reach $38 billion in the next 20 years.
Robots leverage AI to understand language and make decisions.
Robots are filling gaps in monotonous and dangerous jobs, especially in manufacturing.
Filling gaps
Recent advancements in AI, like the technology behind OpenAI’s ChatGPT, enable robots to interpret language and make decisions.
These robots use computer vision and train in real-world scenarios.
Professor Henrik Christensen of UC San Diego notes that robotics combines AI with practical applications, creating unprecedented opportunities.
The global labour shortage, especially in manufacturing, is driving interest in humanoid robots.
The U.S. faces a gap of 8.5 million jobs, with the manufacturing shortfall predicted to reach 2 million by 2030.
Robots are stepping in for monotonous and dangerous jobs.
China leads in industrial robot installation, dominating the market since surpassing Japan in 2013.
However, safety concerns and high costs hinder widespread adoption.
Analysts suggest mass adoption could still be a decade away - but it’s clear things are going in one direction.
Daydreaming of my very own robotic butler.
Mindstream Picks
SpaceX launched Turkey’s first domestically built communications satellite, Turksat 6A, on July 8.
The S&P 500 rose 0.1% to 5,572.85, the Nasdaq Composite gained 0.28% to 18,403.74, while the Dow Jones fell 0.08% to 39,344.79.
The cryptocurrency market experienced a decline last week but began rebounding recently, with the global market cap rising to over $2.2 trillion, a 5% daily increase.
Forza Horizon fans can turn to the revival of Test Drive Unlimited Solar Crown, which will help fill the gap until the next Horizon game which is still over a year away.
Don’t Miss - iOS 18’s third developer beta introduces a dynamic wallpaper that shifts colours over time, along with new customisation features like tinted app icons and dark mode for third-party apps.
AI Art
Our Image of the Day
Artwork submitted by Mindstream reader Chris B: “A crystal city on Mars”
Daily Image Prompt
An underwater scene with a sunken pirate ship
Yesterday’s Poll
“Do you think Samsung’s profit surge will continue with the AI boom?”
Yes, AI demand will keep rising. - 74% ✅
No, it's just a temporary boost. - 26%
Your Views:
“We are still at the infancy stage of AI.” - jonathanchartrand
“I myself use AI at least 20x per day on average. Even on very simple levels, AI is so useful. Forget the fact that it can write letters, etc for you. The utility is in simple matters. For instance in product comparisons, it is a huge time saver to simply ask the AI to research for you vs spending the time yourself.” - thomas.kirtley
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