🛍️ E-Com Advancements, How Pinterest Uses AI, US Police Reports + (Bonus at the End)

One for All, All for One

Generative AI’s rising influence, Meta’s cutting-edge Digital Twin Catalog, the world of AI is evolving fast. Discover how Pinterest is enhancing product ads with AI, explore Samsung’s latest AI innovations, and see how AI is transforming U.S. police reporting. Plus, we’re sharing the Top 5 AI Tools to elevate your project management game.

In today’s power-packed edition:

• 📈 Generative AI: The Future is Here

• 🛍️  Meta Introduces the Digital Twin Catalog!

• Pinterest rolls out genAI tools for product imagery to advertisers

• Samsung’s Anniversary and AI Advancements

• How Artificial Intelligence is Changing the Reports US Police Write

• 🧳 5 Best AI Tools for Project Management

📈 Generative AI: The Future is Here

The AI market is surging, with a projected 37.3% CAGR and set to hit $1.81 trillion by 2030 ! 

GenAI Works is leading this charge as the largest and fastest-growing AI community, focused on democratizing AI for all.

Our 7M+ followers engage in cutting-edge learning, industry insights, and hands-on events.

Our ecosystem empowers people and businesses through education, hackathons, career opportunities, and startup support.

👇 Join our mission and invest today! Earn up to 25% in free shares by October 20, 2024

^{Past performance is not indicative of future returns. Investing involves risk. Please read the offering circular at https://invest.genai.works/ for additional information on the company and risk factors related to the offering}

^{In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. Genai Works, Inc. has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained here: bit.ly/3APlUkJ}

🛍️  Meta Introduces the Digital Twin Catalog!

Exciting News in AI and E-Commerce!

Reality Labs Research introduces Digital Twin Catalog, changing the way we think about online shopping and digital representation.

The Digital Twin Catalog offers over 2,400 3D models, from toys to kitchen utensils.

Why does this matter? For small businesses like pottery shops, creating such detailed digital replicas has been expensive. 

Reality Labs isn't stopping there. 

They've partnered with Shopify to launch an academic competition, aiming to further refine these technologies and make them even more accessible. 

Over 7,000 digital twins will soon be available for researchers to help improve these algorithms, paving the way for broader adoption and innovation.

Read More 👇️ 

Pinterest rolls out genAI tools for product imagery to advertisers

Pinterest has launched new generative AI features for advertisers as part of its Pinterest Performance+ suite, joining tech giants like Google and Amazon in leveraging AI for ad enhancements. The new tool allows advertisers to transform plain product backgrounds into lifestyle imagery, making ads more visually appealing and engaging. Walgreens, an early adopter, saw a 55% higher clickthrough rate and a 13% lower cost-per-click using the AI-generated backgrounds compared to standard images.

The AI tools, along with new automation features, are designed to help advertisers create campaigns faster, reducing input time by 50%. Pinterest reports that early tests resulted in a 64% decrease in cost per action and a 30% increase in conversion rates. Pinterest is also rolling out Promotions tools, offering users discounts and personalized deals across several countries, further enhancing the advertising experience on the platform.

Samsung’s Anniversary and AI Advancements

Samsung celebrated the 10th anniversary of its Samsung Developer Conference (SDC) by showcasing its advancements in AI and multi-device experiences. At SDC24, Samsung emphasized its “AI for All” vision, focusing on personalized AI solutions for enhanced security, productivity, and integration across its products. Announcements included the introduction of One UI 7, expanded AI capabilities for smart home devices, and new AI-powered applications in TVs, home appliances, and mobile. The company also committed to long-term software updates and partnerships for a connected, AI-driven future.

How Artificial Intelligence is Changing the Reports US Police Write

California police departments, including East Palo Alto, are using Axon's AI tool, Draft One, to help draft reports from body camera audio. The tool aims to save time and improve report accuracy, appealing to departments facing staffing shortages. While some agencies reported time savings, a study found no major speed improvements.

Concerns remain over AI's role in shaping critical legal documents, potentially complicating courtroom cross-examinations. Axon has safeguards in place, requiring officers to verify and approve AI-generated reports to ensure accuracy and accountability.

🧳 5 Best AI Tools for Project Management

1. M1 Project 🛠️

Streamline your workflow with AI task automation and time management features.

 BONUS : 51% off 1st month using code GENAI Start Here

2. Monday.com 📊 

Powerful visual project management tool for teams, offering integrations and automation.

 Try It Now

3. ClickUp 📈 

All-in-one platform with AI-powered docs, goals, and collaboration tools.

 Check It Out

4. Motion ⏰ 

AI calendar and task manager that automates scheduling and prioritization.

 Explore Motion

5. Reclaim.ai 🔄 

Dynamic scheduling tool to balance tasks, meetings, and personal time using AI.

 Get Started

🚀 Contact us to reach 6M+ of tech professionals, investors, engineers, managers, and business owners worldwide.

🌟 Sign up for the first AI Hub in the world.

📲 Our Socials

_{Past performance is not indicative of future returns. Investing involves risk. Please read the offering circular at https://invest.genai.works/ for additional information on the company and risk factors related to the offering}

_{In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. Genai Works, Inc. has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained here: bit.ly/3APlUkJ}