Walmart: Unleashing Retail Titan

Walmart, the retail titan, is venturing into the digital realm, challenging tech giant Google with its recent foray into artificial intelligence. The question remains: Can Google maintain its relevance?

Lets explore in today’s newsletter

News Bytes

• Walmart has rapidly achieved success in generative AI search, which poses a new threat to Google’s internet dominance. Walmart’s CEO, Doug McMillon, highlighted the company’s improved search capabilities powered by generative AI. This development raises questions about Google’s future in search, especially as online retailers like Walmart continue to innovate.

• Nvidia, a company known for its powerful AI chips, is facing a lawsuit filed by three authors. The authors—Brian Keene, Abdi Nazemian, and Stewart O’Nan—claim that Nvidia used their copyrighted books without permission to train its NeMo AI platform. These works were part of a dataset of approximately 196,640 books that helped train NeMo to simulate ordinary written language.

• Europe’s Digital Markets Act (DMA), which comes into effect on March 7, 2024, is a set of European Union regulations aimed at curbing the dominance of tech giants. Six companies—Amazon, Apple, Google, Meta, Microsoft, and TikTok are classified as “gatekeepers” and must adhere to these rules. The DMA requires them to make changes related to default browsers, search engines, app downloads, and personal data usage.

• io.net secured a substantial $30 million in funding to create a network that allows users to redistribute unused GPUs for resource-intensive AI tasks. Other companies like Ritual and Sahara have also received funding for their decentralized AI platforms. This trend underscores the growing intersection of AI and blockchain, with startups exploring novel ways to democratize AI development and utilization.

Logo Creation Tools

• Fiverr Logo Maker : Make a professional logo in a few clicks

• Ideogram : An image generator capable of creating impressive illustrations and integrating text. Ideal for creating logos, storyboards, advertising banners,

• Stockimg AI : Create all kinds of images with AI

• LogoAI : Make sumptuous logos to be integrated in any type of project

• Looka : Design your own beautiful brand with Looka’s AI powered platform

Social Media Bytes

NVidia NeMo is ready to ready boost enterprise productivity

Feedback Bytes

Thanks for reading and If you’d like to sign up for this newsletter or share it with a friend or colleague, you can find us right here. 📬