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<Deepfake Fraud, Bard to Gemini, Big Tech Gainst

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Welcome, AI enthusiasts.

 2024 is set to be an exciting year for AI and robotics. Let’s dive in..

In today’s Generative AI Newsletter:

  • $25m Deepfake Call

  • Bard Rebrands as Gemini

  • Amazon, Meta Gained $280b

  • Cheat Sheet: 5 Features of Notion Calendar💡

$25m Deepfake Call

boonchai wedmakawand/Moment RF/Getty Images

Highlights

A finance worker at a multinational firm was tricked into transferring $25 million to fraudsters using deepfake technology. These scammers, impersonating the company’s CFO, convinced the worker through a video call.

Key Points:

  • Deepfake technology was used to mimic the CFO and other executives.

  • The worker was convinced by the realistic video call.

  • The scam was discovered after suspicion arose about the transaction.

  • Six arrests have been made in Hong Kong related to similar scams.

Importance:

This case highlights the growing threat and sophistication of deepfake technology in financial scams, raising significant concerns for security and verification processes in businesses.

Bard Rebrands as Gemini

9to5google

Highlights

Google’s Bard AI tool undergoes a significant transformation, rebranding as Gemini, set to launch next week.

Key Points:

  • Gemini will feature a revamped user interface for enhanced usability.

  • The tool integrates with Google apps like Gmail, Maps, and YouTube.

  • Accessible via text, voice, or images on both Android and iOS.

  • Initial availability in English in the US, with plans for global expansion.

Importance:

This rebranding signifies Google’s dedication to making AI technology more accessible and user-friendly, marking a notable advancement in the integration of AI in everyday digital tools.

Amazon, Meta Gained $280b

Eric Gaillard/File Photo

Highlights

Meta Platforms and Amazon witnessed substantial market growth post their quarterly earnings announcements, with a notable focus on their AI technology investments.

Key Points:

  • Meta’s $148 billion surge attributed to strong AI-driven advertising and device sales.

  • Amazon’s $132 billion increase linked to AI-enhanced online shopping experiences.

Importance:

This market trend underscores the pivotal role of AI technology in shaping the success of major tech firms and driving consumer engagement and spending patterns.

Cheat Sheet🤖

With AI it’s even more practical than Google 🔥

Try it!

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