Goodmorning AI junkies!

The weekend is upon us, but the AI train isn’t slowing down.

Time to catch a ride.

In today’s rundown:

• 📱 Meta talks AI's impact on Facebook & Instagram algorithms

• 🛍️ AI powered shopping released within Bing

• 🚀 Character AI's growth has been insane (too good to be true?)

• 🛠️ 6 New AI tools and 3 quick hits

Read time: 3 minutes

LATEST DEVELOPMENTS

META

📱 Meta talks AI's impact on Facebook & Instagram algorithms

Source: Meta

Meta is giving a sneak peek into its AI's content-curation magic for Facebook and Instagram with 22 'system cards.'

These handy guides spill the beans on how Meta ranks content using its algorithm, user customization, and the factors or 'signals' that influence AI predictions.

Plus, the expansion of the "Why Am I Seeing This?" feature lets users see previous activity that may have informed Meta’s machine learning models.

Transparency: unlocked.

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BING

🛍️ AI powered shopping released within Bing

Source: Bing

Microsoft's newly released shopping tools in Bing and Edge employ AI to simplify your entire online shopping journey, from inspiration to purchase.

Offering AI-generated buying guides and summarized reviews, these tools aim to eradicate shoppers from becoming overwhelmed. Price Match even monitors item costs post-purchase, potentially saving shoppers big bucks.

Microsoft's turning shopping stress into joy.

CHARACTER AI

🚀 Character AI's growth has been insane 

Source: Twitter @zackhargett

There’s only one word to describe Character AI’s growth to date: insane.

Check out these stats: 280 million web visits last month, growing 60% month-over-month, and a nearly 30-minute average session duration.

Of note: a 30-minute average session duration is longer than YouTube’s 20-minute average. This almost sounds a little too good to be true.

TRENDING TOOLS

🔒 Secureframe AI boosts compliance automation, offers 150+ source monitoring, personnel/vendor mgmt, reports, RFP auto & more *

🤖 h2oGPT lets you simultaneously run six open-source AI models for the same prompt

💻 MakeLanding allows you to design a beautiful landing page within seconds

💡 Knibble creates AI powered knowledge bases for business use

📈 Fellow boosts meeting productivity with AI generated summaries

🔮 Supertools organizes 100’s of AI tools for you in one spot

QUICK HITS

💸 AI funding frenzy in full swing

Funding, funding, and more funding. Lots of people are throwing lots of cash at AI startups. Inflection received a $1.3B investment to create personal AI for everyone, Runway raised $141M to build the future of creativity, and Typeface pulled in $100M to build generative AI for brands.

🖌️ Playground releases mixed imaging editing

In the words of Playground founder Suhail Doshi, Playground with mixed image editing is “a new way to combine real and synthetic images to create stunning works of art & photorealistic images bound only by your imagination.”

🤝 Light Years Beyond acquired for $233.7 million

It only took Light Years Beyond four months to be acquired for nearly $234 million. Meituan announced that it will acquire Light Years Beyond for $233.7 million in cash. It’s a big step forward for the company that wants to be known as the “OpenAI for China.”

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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

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