🤖 Beatles' AI Comeback & Mistral AI's Record Seed Round

Welcome again, it’s great to have you for today’s edition!

Here’s the summary:

🤝 Microsoft & OpenAI: The Bittersweet Alliance Driving the AI Surge
🎵 AI Scores a Hit: The Beatles' Virtual Reunion
🎯 Synthesia's Next Big Step: Series C Funding Announcement
💰 French AI Startup Mistral AI Rides the Wind with a Massive Seed Round
💼 The Generative AI Goldmine: McKinsey Report Unveils Huge Economic Impact
📚 How To Create Studio-like Product Photos using AI
🧰 Tools by MyZone.AI
🪄 Prompt of the Day: GoPro Selfie from Public Figures or Characters

Reading time: 6 minutes

🗞️ Hottest News

1. 🤝 Microsoft & OpenAI: The Bittersweet Alliance Driving the AI Surge

The unconventional alliance between tech giant Microsoft and AI pioneer OpenAI is riddled with market tensions and confusion. Despite Microsoft's massive investments, the mutually beneficial arrangement has been questioned due to competitive overlap and restrictions on access to OpenAI's groundbreaking tech.

Source 🔎

2. 🎵 AI Scores a Hit: The Beatles' Virtual Reunion

AI stirs the music industry as Paul McCartney harnesses its power to compose new songs. With investments pouring into AI tools for music creation from companies like Facebook and Google, this controversial yet fascinating technology unlocks a new era of music making, raising questions about its potential impact on artists and authenticity.

Source 🔎

3. 🎯 Synthesia's Next Big Step: Series C Funding

Synthesia, an artificial intelligence firm specializing in synthetic media, has reached a $1 billion valuation after NVIDIA Corporation led its Series C funding round. The company, which was valued at $125 million following its Series B round, secured an additional $100 million in the Series C round. The raised funds will be used to accelerate the development of its technology, which allows users to create professional-quality videos without needing cameras or actors​​.

Source 🔎

4. 💰 French AI Startup Mistral AI Rides the Wind with a Massive Seed Round

Paris-based startup Mistral AI, founded by ex-DeepMind and Meta employees, has secured a whopping $113 million seed round just four weeks after its launch. With ambitions to rival OpenAI, the firm is set to revolutionize the AI landscape with its commitment to open-source models and enterprise-focused tools, planning to debut its text-based generative AI models in 2024.

Source 🔎

5. 💼 The Generative AI Goldmine: McKinsey Report Unveils Huge Economic Impact

Generative AI has been recognized by McKinsey & Company as a potential game-changer for the global economy, potentially adding $2.6-$4.4 trillion across multiple sectors. A variety of industries including banking, tech, and life sciences could greatly benefit, as could individual workers through automation of mundane tasks, provided the transitions and risks are managed effectively.

Source 🔎

📚 How To

How To Create Studio-like Product Photos using AI

1. Access Flair AI: Open your web browser and search for "Flair AI." Visit the official website to get started.

2. Sign in/Create a Project: Sign in to your Flair AI account or create a new one. Click on "Create New Project" to begin.

3. Upload Your Product Image: Use the upload feature to add your own product images to the Flair AI tool. Choose an image that you want to enhance or present in a better setting.

4. Remove Background: After uploading the image, select the "Remove" option to eliminate the background. Describe the product in the image and click "Done."

5. Adjust Product Placement: Use the on-screen controls to adjust the position of the product within the image. Move it as desired, ensuring it fits naturally in the scene.

6. Generate Photo Shoot: On the left-hand side, find the "Generate Photo Shoot" option. It offers pre-defined prompts for placing the product in different settings. You can also specify your own custom settings by selecting "Editor."

7. Customize Photo Shoot: In the Editor, you can change the product's position (e.g., on, in, balancing on) and describe the background scene (e.g., in front of, surrounded by). Adjust the rendering strength and color settings to achieve the desired effect.

8. Set Result Quantity: Specify the number of results you want Flair AI to generate for your product. This determines the variety of options available to choose from.

9. Generate and Review: Click on "Generate" to create the AI-generated images based on your settings. Review the results and select the one that best matches your vision.

10. Fine-tune and Download: Explore additional editing options such as rearranging elements, changing background colors, or using the magic erase tool to refine the image further. Once satisfied, select the desired image and click "Download" to save it to your device.

11. Repeat for Other Images: If you have more product images to enhance, go back to the Projects page and create a new project. Upload the image, follow the same steps, and customize the settings as per your requirements.

12. Experiment and Explore: Make the most of Flair AI's features and tools. Test different prompts, elements, and settings to push the boundaries and unlock the full potential of the tool.

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🪄 Prompt of the Day

GoPro Selfie from Public Figures or Characters

We’ve quite enjoyed this Midjourney prompt, which does a great job of depicting public figures or fictitious characters. Test it out 👇

A hyper-realistic GoPro selfie of [Character] in [Location]. --ar 3:2

—ar 3:2 stands for the dimensions of each image, so you can pick the one that fits best. For our Newsletter we’ve used “—ar 16:9”

Here are some examples:

“A hyper-realistic GoPro selfie of Ayrton Senna inside his ferrari formula one race car --ar 16:9”

“A hyper-realistic GoPro selfie of Jesus Christ surfing on a sunny day --ar 16:9”

🤖 And that's a wrap on this edition of MyZone.AI Newsletter

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