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  • Meta rolls out AI Studio in U.S., allowing creators to make own AI chatbots

Jul 30, 2024

Meta rolls out AI Studio in U.S., allowing creators to make own AI chatbots

Bay Area Times
Bay Area Times

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Top stories today:

  1. Meta rolls out AI Studio in U.S., allowing creators to make own chatbots
  2. iOS 18.1 with Apple Intelligence released in beta to developers
  3. IPOs raise $6.1B last week, highest since Dec. 2021
  4. U.S. federal debt crosses $35T, with $27.8T held by public

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0. Data and calendar

All values as of 11 PM ET / 8 PM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

1. Meta rolls out AI Studio in U.S., allowing creators to make own AI chatbots

Meta.

  • ā€œExtension of themselves to reach more fansā€: how Meta is pitching this to creators.

  • Anyone can create chatbots, not only creators.

  • Llama 3.1 models power these characters.

  • In line with Meta’s open weights strategy for Llama: because Meta monetizes attention through ad sales, rather than subscription services or an API, it makes sense to make their LLMs open, as it will encourage content creation.

2. iOS 18.1 with Apple Intelligence released in beta to developers

Writing Tools in iOS 18.1: MacRumors.

  • iPhone 15 Pro or Pro Max required for Apple Intelligence, which must be turned on in Settings.

  • iPadOS 18.1 and macOS Sequoia 15.1 were also released.

  • Public betas are TBD.

  • Only some features are already available, including Writing Tools, the new Siri, Smart Reply in Messages, Call Recording, and page summarization in Safari.

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4. IPOs raise $6.1B last week, highest since Dec. 2021, but slowdown is expected

Bloomberg.

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