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Catch the Latest in AI!

In today’s power-packed edition:

• 📈 AI Market Overview: Trends, Predictions, and Opportunities

• Alibaba Unveils Qwen2.5: A Global AI Model Competing with the Giants

• A Powerful Open-Source AI for Detecting Personal Data

• Neuralink's Blindsight Device Gets FDA Breakthrough

• Google AI Helps Decode Whale Songs

• 🤖5 Best Video Generation and Editing tools

📈 AI Market Overview: Trends, Predictions, and Opportunities

Did you know that the global Artificial Intelligence market is projected to reach $1,811.8 billion by 2030?

The greatest economic gains from AI will be in China, which is expected to see a 26% boost in GDP by 2030, followed by North America with a 14.5% boost. Together, these regions will account for almost 70% of the global economic impact, totaling $10.7 trillion.

AI has the potential to add nearly $500 billion to the U.S. GDP by 2025.

But what does this mean for investors like you? 🤔

📈 The Opportunity is Now!

GenAI Works is on a mission to democratize AI—helping people discover, learn, and grow through cutting-edge insights, education, and community engagement.

With over 7 million followers, we unite domain experts and technologists to advance AI’s impact across industries. Our ecosystem spans the latest news, educational courses, hackathons, IRL events, career opportunities, and support for startups to gain visibility and success.

Start investing in Generative AI and GenAI Works today! Plus, earn up to 25% in free shares if you invest by October 20, 2024.

Alibaba Unveils Qwen2.5: A Global AI Model Competing with the Giants

With parameter sizes ranging from 0.5 billion to 72 billion and Supporting 29 different languages, Qwen2.5 is built for global use cases.

The 72B parameter Qwen2.5 model competes with much larger models like Llama 3.1 (405B) and Mistral Large 2 (123B) but with fewer parameters. 

Also, key features like Rotary Position Embeddings (RoPE) help manage long pieces of text efficiently, while SwiGLU activation and specialized attention mechanisms make the model both fast and accurate in understanding input.

A Powerful Open-Source AI for Detecting Personal Data

The Internet Integrity Initiative has released Piiranha-v1, a new open-source AI model designed to detect personally identifiable information (PII) such as names, emails, and passwords.

Though lightweight at just 280 million parameters, it achieves an impressive 98.27% accuracy and works across 6 languages.

Built on the efficient DeBERTa-v3 architecture, Piiranha-v1 can detect 17 types of PII with near-perfect precision, making it ideal for industries like banking, healthcare, and tech. It’s free to use under the MIT license and can easily be integrated into existing systems for stronger data protection.

Neuralink's Blindsight Device Gets FDA Breakthrough

Neuralink's Blindsight device just earned FDA breakthrough status, bringing hope to people who've lost their eyes or optic nerves. It could even help those blind from birth see for the first time.

Early vision will be low-res, like old Atari graphics, but eventually, it could go beyond natural sight, letting users see in infrared, ultraviolet, and even radar—straight out of sci-fi.

Google AI Helps Decode Whale Songs

Google is using AI to recognize and study the sounds whales make, like whistles, songs, boings, and biotwangs.

The AI analyzes thousands of hours of underwater recordings to understand how whales communicate.

This helps scientists learn more about whale behavior and can be used to protect these animals in the wild.

The technology could lead to new discoveries about whale interactions and their role in the ocean ecosystem.

🤖5 Best Video Generation and Editing tools 

InVideo - Provides easy-to-use tools for creating videos with AI-powered templates, stock footage, and advanced editing features.

DeepBrain - Uses AI to simplify video creation with realistic avatars and text-to-speech capabilities for dynamic video presentations.

Vidnoz - Offers a comprehensive suite of video editing tools with AI enhancements for animations, transitions, and voiceovers.

CapCut - A popular video editing app that features AI tools for creating and editing videos with ease, including effects, transitions, and filters.

HeyGen - Provides AI-driven video creation tools, including facial animation and automatic video editing, to streamline the video production process.

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