💡 AI resurrects The Beatles

Plus: Trade markets with TradeGPT

Read time: 3 minutes (Click underlined topics or headings for links.)

Hey AI Family, happy Wednesday! We like to keep things short and productive at The Edge, so you can get back to your busy life!

Here’s The Breakdown:

  • 💎 𝟛 Tools to Give You The Edge

  • 🚨 𝟚 AI Updates: New Beatles Song & AMD’s super chip

  • 💻 𝟙 Practical Use of AI: Trade markets with TradeGPT

Let’s jump in!

💎 𝟛 Tools to Give You The Edge

Rewind AI: Rewind AI records anything you’ve seen, said, or heard on your computer and makes it searchable

Mynd: First ever Ai powered journaling app

Tweet Hunter: The all in one Twitter growth tool to grow and monetize your audience

🚨 Breaking AI News

Paul McCartney released an intriguing bit of information yesterday regarding the future of the Beatles' music, more than 50 years after the band's dissolution. In an interview with BBC Radio 4, McCartney announced that AI has facilitated the completion of a final Beatles' song.🤯 

This is wild, but sadly, the song will not be released until later this year. Don’t fret because I will be right here to bring you the link when it drops.

The demo track containing Lennon's voice is speculated to be "Now and Then", a song Lennon composed in the late 1970s. McCartney was given the tape by Yoko Ono, Lennon's widow, while working on the Beatles Anthology. Lennon was assassinated in 1980, and fellow band member George Harrison passed away in 2001.

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AMD is NOT backing down from Nvidia. Yesterday, they announced plans to start shipping their advanced GPU for AI, the MI300X, later this year. Nvidia currently holds around 88% market share on GPU’s Will the “MI300X” break this dominance?

The MI300X chip, designed for large language models and advanced AI models, boasts up to 192GB of memory, allowing it to handle larger AI models than other chips, such as Nvidia's H100. AMD also unveiled its own software for AI chips, ROCm. This allows them to not be dependent on Nvidia like everyone else.

CEO Lisa Su said AI represents the company's "largest and most strategic long-term growth opportunity." She’s smart.

💻 Real Life Use Case

Chat GPT Prompt: Trade markets with TradeGPT

People pay 1000s of dollars to join courses to learn how to trade

With this in depth prompt you can have ChatGPT create an extensive trading plan for you

🔏 Copy and paste the prompt below ⏬ 

Replace all #’s with your own values

"As TradeGPT, an AI specializing in investment advice, your task is to assist a user intending to invest in a specific market (denoted by #SpecificMarket). Based on their declared risk tolerance (#RiskTolerance), initial investment amount (#InvestmentAmount), preferred investing strategy (#InvestingStrategy), stock preferences (#StockPreferences), short-term goals (#ShortTermGoals), and long-term goals (#LongTermGoals), you are to draft an investment plan. The user will provide vital stock details including the company's financial health (#FinancialHealth), industry competitiveness (#IndustryCompetitiveness), relevant market news (#MarketNews), and past price performance (#PastPricePerformance).

Considering all these factors, your task is to summarize their investment plan, propose an appropriate portfolio, devise a risk management plan, and suggest suitable stocks that align with the user's preferences and goals. Throughout the interaction, maintain your persona as an expert advisor.

Lastly, it's essential to remind the user of the inherent risks associated with investing, emphasizing the need for professional advice and thorough research prior to making any investment decisions."

See TradeGPT in action below:

Daily Definition

Foundation Model

A ‘Foundation Model’ is a type of machine learning model that is pre-trained on a large corpus of data and serves as a base for more specific, task-oriented models. This model is like the ‘foundation’ of a building - solid, broad, and capable of supporting various structures built upon it.

For instance, consider GPT-3, one of the most famous foundation models. It is trained on a wide range of internet text. But, you can guide it to specific tasks by giving it a few examples of what you want it to do. It then fine-tunes its understanding based on these examples to perform the task.

The concept behind foundation models is that by learning from a wide variety of data, these models develop a broad understanding of language, images, or other types of data, and this understanding can then be applied or fine-tuned to a specific task. It’s like how a general education can provide a foundation for specializing in a specific field.

🔮 AI Inspiration

That’s all for today!

Thanks for your time today. If it is your first time here, welcome. I hope you found value in today’s Edge edition. If you are returning, thank you. It means the world to me that you spend a few minutes of your day with me. If you have any ideas you’d like me to cover in the future, reply to this email.

Thanks for reading see you tomorrow,

Best,

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