Google vs. Microsoft: Blood, sweat, tears, and billions of dollars

Welcome back to AI Now, the newsletter where we round up the most important tools and innovations from the world of artificial intelligence.

This is a big day for the AI industry - Google has officially announced its own rival to Microsoft's ChatGPT platform. Their new chatbot is called Bard, and it has been hailed as an exciting challenger in a competition that's heating up between two of the biggest tech players. The rivalry between Google and Microsoft is heating up, and we're excited to watch them battle it out.

Let's get into today's issue!

🔧 Today's Top Tools

DocuChat.io

• When you upload documents to DocuChat, they feed the info into a custom chatbot. This allows you to ask your document specific questions and get accurate answers quickly.

• You can also use DocuChat to collaborate with teams, learn more conveniently and engage with complex documents.

• You can create a free account to get started and get access to two chatbots, one public chatbot, and 100 questions/month.

InVideo

• InVideo is a game changer for anyone that has ever wanted to start a YouTube channel. The website helps you turn any content or idea into a high-quality video.

• It has templates, AI tools, and single-click shortcuts to help users quickly customize their videos. It also has 8 million+ stock media and 5000+ professionally-created templates to choose from.

GPTravel Advisor

• GPTravel Advisor helps you build a travel itinerary (with links) for any city

• Simply enter the city you're going to and how long you're staying there, and Travel Hero will whip up an awesome itinerary for you

SketchPro

• SketchPro helps anyone turn their sketches into reality using AI

📊 News

• Racing to Catch Up With ChatGPT, Google Plans Release of Its Own Chatbot

• Google Invests $300mn in AI Startup Anthropic (Paywall removed link)

• Portland Dad uses AI to Put Fantastic Creatures In Family Photos

🔑 Use Case

🧠 Learn

What can AI do to help detect patterns, identify trends, and forecast outcomes?

AI systems are able to detect patterns, identify trends and make forecasts based on data sets it has access to.

By combining algorithms with large amounts of data, AI can perform sophisticated analyses and make predictions about future events or trends. These predictive capabilities allow companies and organizations to plan ahead in order to stay competitive.

Through machine learning algorithms such as neural networks, natural language processing (NLP) and computer vision, AI is also able to distinguish between objects in images or videos, discern speech from background noise, recognize text within images and more. This level of understanding provides an unprecedented ability for businesses to interpret their data more accurately and efficiently.