Welcome, AI enthusiasts.

Exciting announcement alert 🚨

We’re officially launching our 2nd subscriber giveaway — this time giving away a pair of brand-new Ray-Ban Meta AI smart glasses.

Rules: 

1. Find and click the hidden star emoji in our emails, and you’ll get one free entry into the overall prize pool.

2. You get another free entry for every friend you refer to our newsletter using your unique link: {{rp_refer_url}}. Track how many referrals you’ve made here.

3. Every star you’ve found in our previous emails counts as one entry each (email only).

Winner will be randomly selected at the end of October, and the more entries you have, the better your odds. Happy star hunting!

In today’s AI rundown:

• 🍎 Apple hires AI staff

• 📉 Study highlights AI productivity pitfalls

• 🛠️ 8 New AI tools

• 🎨 How to access DALL-E 3 free with Bing

• 🤖 3 Quick AI updates

Read time: 3 minutes

LATEST DEVELOPMENTS

APPLE

🤖 Apple planning to hire AI staff in UK

Image source: Midjourney

The Rundown: Apple CEO Tim Cook announced intentions to hire more UK-based staff specializing in artificial intelligence, diverging from the recent redundancy trend in the tech sector.

Key points:

• Apple’s recruitment in AI contrasts with widespread layoffs in the tech industry led by companies like Amazon, Meta, and Google.

• Cook regards layoffs as a "last resort," emphasizing Apple’s focus on investing in AI talent.

• Several tech giants have poured billions into AI advancements, with Amazon investing up to $4B in AI firm Anthropic.

• The UK government and industry leaders express optimism about the country’s potential to become an AI superpower.

Why it matters: Apple has been quiet about AI in its product announcements this year, but don’t count them out of the AI race just yet. This development shows Apple’s commitment to expanding its AI workforce.

Something big is coming…

TOGETHER WITH GRAFT

🔎 Supercharge your search with AI

The Rundown: Creating a dynamic, AI-powered semantic search engine is a walk in the park with Graft. Transform your search solutions with groundbreaking AI technology in less time than it takes to enjoy your morning coffee.

Leverage Graft to:

• 🛠️ Craft tailored AI-powered search solutions including semantic and visual search effortlessly.

• 🧠 Utilize comprehensive machine learning infrastructure, from data intake to customization.

• 🚀 Launch your projects swiftly with scalable backend infrastructure.

Want to explore more? Click here to watch the concise tutorial!

AI RESEARCH

📉 Study highlights AI productivity pitfalls

Image source: Midjourney

The Rundown: A new study from Harvard Business School found consultants made more mistakes using AI for unfamiliar tasks despite productivity gains, revealing the double-edged sword of workplace AI.

The details:

• Consultants in the study using GPT-4 for creative tasks improved output but scored worse in analyzing a company's problems.

• Researchers say AI created a "jagged frontier" - significant gains in some areas, hazards in others.

• Participants failed to spot GPT-4's mistakes and relied on repetitive outputs, but guidance (aka Prompt Engineering) helped maximize benefits.

Our thoughts: While the productivity hacks that AI enables in the workplace are clear, blindly relying on the tool is clearly a recipe for disaster. Humans still need to critically analyze work alongside their AI assistants, just as they would a human counterpart.

QUESTION OF THE DAY

TRENDING TOOLS

🤖 Composer- The AI-powered trading platform. Automate your trades with a no-code editor and GPT4 AI assistant (link)*

📝 AI Easy Prompts- A solution for prompt organization and writing using AI (link)

💰 Surmount AI- Invest smarter with data-driven strategies (link)

📊 Insights- Save 80% on underwriting businesses everywhere (link)

💡 Braintrust- Rapidly develop AI without guesswork (link)

🐦 TweetHunter- All-in-one Twitter growth tool to create content using AI, build an audience, and schedule posts (link)

🖥️ Super- Create a website from your Notion database in minutes (link)

🗣️ Speak AI- Turn your language data into insights, fast and with no code (link)

Browse the most popular tools ever featured with our tool database.

* = This is sponsored content

AI TRAINING

⭐️ How to access DALL-E 3 free with Bing

OpenAI’s latest update to its text-to-image generator DALL-E 3 is available to try in Bing, with some seriously significant upgrades.

Try it out for yourself (for free!) by following the steps below:

Access DALL-E 3: Go to bing.com/images/create and sign in or create a Microsoft account.

Create images: Type a text prompt describing your desired image. DALL-E is great at understanding conversational prompts — and can also generate text outputs.

The prompt for our example below: “a Peanuts-style comic scene with a robot telling Charlie Brown to "Subscribe to the Rundown AI" in a quote bubble.”

Use your free credits: You get 100 free high-speed generations weekly. Once used up, you can keep creating at a slower rate. Keep iterating until you get your desired output!

QUICK HITS

📍Humane's AI Pin struts at Paris Fashion Week

Humane unveiled its long-awaited "AI Pin" wearable on the Paris runway this weekend. The screenless device aims for ambient, AI-driven computing. The buzzy startup will fully reveal the standalone gadget on Nov. 9, with much of the utility still a mystery.

💶 European Central Bank exploring AI

The European Central Bank said it's assessing AI in nine projects, including using LLMs like ChatGPT. Potential uses include analyzing inflation, summarizing documents, and overseeing big banks, but the ECB is still stressed about giving up too much human control.

🛡️NSA launching AI Security Center

The CIA apparently isn’t the only defense branch angling to take advantage of the AI boom. The National Security Agency is reportedly creating an ‘AI Security Center,’ a new entity focused on developing practices and frameworks for secure AI adoption.

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THAT’S A WRAP

If you have anything interesting to share, please reach out to us by sending us a DM on Twitter: @rowancheung & @therundownai

❤️ Rundown review of the day