🌟Today’s Spotlight: Cleo

When AI Meets Money

Cleo is an AI-powered financial assistant that makes managing money easier and more engaging. It helps users track their spending, build budgets, and improve financial health through AI-driven insights and interactive tools.

1. Smart Money Management : Cleo provides real-time insights into spending, helps set budgets, and offers personalized financial recommendations.

2. Fun & Supportive Features : With tools like "Roast Me" and "Hype Me," Cleo adds humor to financial management.

3. Secure & Private : Cleo protects user data with 256-bit encryption and a read-only mode, ensuring privacy and security.

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🔥 What’s Hot in AI News:

Viral AI company DeepSeek releases new image model family

DeepSeek, a fast-growing AI company, has introduced a new set of AI models called Janus-Pro, which it claims can beat OpenAI’s DALL-E 3 in generating and analyzing images. These models, available on Hugging Face, range from 1 billion to 7 billion parameters, meaning they are relatively small but still powerful. Janus-Pro is open-source under an MIT license, allowing anyone to use it for commercial purposes without restrictions. The models have outperformed DALL-E 3, PixArt-alpha, Emu3-Gen, and Stable Diffusion XL on AI evaluation benchmarks GenEval and DPG-Bench.

Nvidia lost almost $600 billion in market cap, biggest one-day loss in U.S. history

Nvidia’s stock fell 17%, losing nearly $600 billion—the biggest one-day loss for a U.S. company. The drop came after news that Chinese AI lab DeepSeek made progress using Nvidia’s lower-power H800 chips, raising concerns about future GPU demand. The decline also hit Dell, Oracle, and Super Micro Computer, which fell over 8%. While some fear AI firms may turn to alternative chips, others believe demand for AI computing will stay strong. Nvidia’s stock had already surged 171% in 2024, so some see this as a normal correction.

Alibaba releases new version of AI model, claims it outperforms DeepSeek-V3

On Wednesday, Chinese tech giant Alibaba unveiled its new Qwen 2.5 artificial intelligence model, claiming it outperformed leading models like GPT-4, DeepSeek-V3, and Llama-3.1-405B. According to an announcement from Alibaba's cloud unit on WeChat, the Qwen 2.5-Max model surpasses these AI models across multiple benchmarks. This sudden release highlights the growing competitive pressure in the AI industry, especially following the rapid rise of the Chinese AI newcomer, DeepSeek.

OpenAI launches ChatGPT for government agencies

OpenAI just rolled out ChatGPT Gov, a version of ChatGPT built specifically for federal, state, and local agencies. It runs on Microsoft’s secure cloud platforms, ensuring top-tier security and privacy compliance. It comes with the same powerful tools as ChatGPT Enterprise, including GPT-4o, making it a valuable resource for government teams. OpenAI is also working on FedRAMP approval, which would expand its use across more agencies. Right now, 90,000+ government employees from 3,500 agencies are already using ChatGPT—including teams at the Air Force Research Lab and Los Alamos National Lab.

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