Bard Generates Images now

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GOOGLE BARD

🔥 Powering Up Bard's Potential: Gemini Pro, Image Generation & more! 

Bard, the AI juggernaut, is broadening its horizons and functionalities. Now offering Gemini Pro in over 40 languages and across 230 countries, coupled with the new image generation feature, Bard aspires to elevate collaboration and creativity on a global scale.

Let's break it down:

🌐 Global Reach of Gemini Pro:

Gemini Pro, renowned for its advanced understanding, is now accessible in 40+ languages and across 230 countries. Commended as a top-tier chatbot by evaluators, Bard equipped with Gemini Pro takes a giant leap forward.

✅ Multilingual Verification Feature:

The double-check feature, empowering users to validate Bard's responses, now spans over 40 languages. Users can confirm Bard's information by simply clicking the “G” icon, fostering transparency and reliability in responses.

🏞️ Innovative Image Generation:

Bard introduces image generation in English across numerous countries, injecting a creative spark for users. Utilizing the Imagen 2 model, Bard crafts top-notch, lifelike images based on user descriptions, nurturing innovation.

The Bottom Line:

With these enhancements, Bard evolves into a more adaptable and universally accessible AI collaborator. This evolution not only enriches collaboration but positions Bard as a preferred tool for both significant projects and daily tasks. As Bard remains committed to safety and responsible AI practices, users can anticipate a more dependable, imaginative, and secure user experience.

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AI FOR FRAUD DETECTION

👉 Mastercard's Breakthrough: Boosting Fraud Detection with Advanced AI

Mastercard unveils its game-changing AI model, Decision Intelligence Pro, aimed at revolutionizing fraud detection for thousands of banks. This proprietary generative AI, developed in-house, promises real-time assessment of transactions, a crucial leap in cybersecurity.

Here’s the rundown:

1️⃣ Transformer Models in Action:

Mastercard employs transformer models, a core of generative AI, enhancing the power of Decision Intelligence Pro. Built from scratch, it utilizes extensive transaction data, analyzing approximately 125 billion transactions yearly, offering unparalleled insights into fraudulent patterns.

2️⃣ Heat-Sensing Fraud Detection:

Departing from traditional text-focused models, Mastercard's algorithm relies on a cardholder's historical merchant visits to identify legitimate transactions. Using a heat-sensing radar approach, it swiftly generates scores within a remarkable 50 milliseconds, significantly outperforming conventional methods.

3️⃣ Remarkable Fraud Detection Rates:

According to Ajay Bhalla, Mastercard’s president of cyber and intelligence business unit, financial institutions adopting this technology can witness an average improvement of 20% in fraud detection rates. In some instances, the model has demonstrated an astounding 300% enhancement, showcasing its potent impact.

The Bottom Line:

Mastercard's investment of over $7 billion in cybersecurity and AI technologies, coupled with its revolutionary Decision Intelligence Pro, not only elevates fraud detection but holds the potential to reshape the future of payments. By foreseeing trends and patterns globally, Mastercard's ecosystem aims to proactively combat emerging fraud, providing a secure and cost-effective solution for financial institutions.

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HOT NEWS

📍Google Maps Enhances Discovery with Generative AI Tech

Google Maps introduces a generative AI feature, leveraging large language models to recommend over 250 million locations based on user queries, such as "places with a vintage vibe in SF." Designed to offer a conversational search experience, it provides organized suggestions, photo carousels, and review summaries, initially rolling out to select U.S. Local Guides. This marks a step towards making Maps a comprehensive discovery tool, signaling Google's push into AI-enhanced services.

🍏 Tim Cook Announces Apple's Generative AI Features Set for Release Later This Year

Apple's CEO, Tim Cook, confirmed plans for generative AI software features expected in a major update later this year, hinting at iOS 18's significant overhaul. Cook emphasized, "We're excited to share the details of our ongoing work in that space later this year," underscoring Apple's heavy investment in AI. This marks an ambitious stride towards enhancing iOS, and iPadOS.

🤖 Amazon's New AI Bot Guides Your Shopping Experience

Amazon unveils Rufus, an AI assistant in beta, accessible to select customers via the mobile app. Named after its corgi mascot, Rufus uses Amazon's product database, customer reviews, and web info to field queries, compare products, and offer suggestions. It responds to specific questions like “What are the differences between trail and road running shoes?” enhancing user shopping experiences with informed assistance.

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