🍓 OpenAI's Strawberry

Plus: AI Giants Using YouTube to Train AI

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AI

Read time: 5 minutes

An investigation by Proof News revealed that tech giants like Apple, Nvidia, Anthropic, and Salesforce used subtitles from over 173,000 YouTube videos to train their AI models without the creators' consent, violating YouTube's rules. Many creators, including popular YouTubers and educational channels, were unaware their content was used, prompting concerns about compensation and the ethical implications of unauthorized data use. The dataset, part of a larger compilation called the Pile, has sparked discussions about the need for regulation and fair use in AI training practices.

Anthropic has launched the Android version of its Claude app, offering features like free access to Claude 3.5 Sonnet, Pro and Team subscriptions, chat syncing across devices, real-time photo and file analysis, and instant language translation. While Anthropic aims to attract users away from ChatGPT, its previous iOS app didn't gain significant traction. However, the Android launch could potentially change that.

OpenAI is exploring various approaches to achieve artificial general intelligence (AGI), with some ideas proving more successful than others. A new project code-named "Strawberry" is speculated to be an advanced reasoning model capable of online information retrieval for complex problem-solving. It's unclear whether this is the model mentioned by CTO Mira Murati as being as intelligent as a PhD holder or if it signifies reaching 'level 2' in AGI development.

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WEB3

Analysts predict Bitcoin could reach $220,000 as it reclaims key support levels, citing historical miner capitulation patterns post-halving that have previously led to massive price increases. Bitcoin's price action suggests a potential parabolic uptrend if it surpasses the 2021 all-time high of $69,000. This outlook is supported by consistent institutional inflows and the end of current miner capitulation.

The SEC has informed prospective issuers of spot ether (ETH) exchange-traded funds (ETFs) that trading can commence next Tuesday, July 23, following the submission of final S-1 documents by Wednesday. The development led to a significant rise in ETH prices, outperforming Bitcoin. Analysts predict substantial inflows into these ETFs, potentially reaching up to $20 billion in the first year.

Meme coins, have surged following a failed assassination attempt on Donald Trump, with tokens like Pepe and Dogwifhat seeing significant gains. Dogecoin, the original meme coin, also saw a notable increase, outpacing Bitcoin and Ethereum. The incident has fueled a broader rise in crypto assets, with Bitcoin reaching its highest price in nearly a month.

MARKETING

Meta has introduced a feature that allows advertisers to display custom offers like discounts directly on Instagram ad call-to-action buttons, potentially boosting user engagement and click-through rates. This feature supports dynamic sourcing from the ad’s website URL, predictive display of the most likely converting offer, and up to 20 offers per ad. However, it is limited to single-media ads in Instagram Stories and not available to all ad accounts.

Barry Hott, a Facebook advertising consultant known as the "Make Ugly Ads Guy," advises creating unattractive ads to capture attention and improve performance. He emphasizes understanding Facebook's targeting and algorithm, using third-party attribution tools, and being flexible with bid caps. Hott believes in testing ads in controlled environments and focusing on relatability, relevance, and authenticity to engage both cold and warm audiences.

A survey by Forter and Talker Research found that two-thirds of consumers changed their spending habits due to higher prices, with nearly 90% reporting increased cost-of-living expenses, particularly on groceries, clothing, and home goods. Despite this, industries such as automotive, electronics, and health and household saw sales increases, and garden categories surged by around 80% before summer. Social media significantly influences consumer decisions, with almost half of shoppers starting their buying process there, highlighting the importance of effective social media ads.

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