💸💸 Google won $1.7B in a Legal Battle!

Welcome to today’s action-packed newsletter.
Today in Smarter with AI🔥

• Google won $1.7B in a Legal Battle

• YouTube Brings New AI Tools for Creators

• LumaLabsAI's New v1.5: Knockout Text Effect

• Tweet of the Day

• Too Important to Miss

• AI Resources

• Today’s Meme🤣

Google’s Win

Google Prevails in EU Antitrust Appeal Over $1.7B AdSense Fine

Google’s Legal Win
Google has successfully appealed against the European Union's $1.7 billion antitrust fine related to its AdSense platform. The General Court ruled in favor of the tech giant, delivering a blow to the European Commission's long-standing case accusing Google of monopolistic practices in online advertising.

The Antitrust Allegations
The original 2019 case centered around allegations that Google unfairly restricted competition by forcing third-party websites to prioritize its search ads through exclusive contracts. The European Commission argued that this behavior stifled competitors, leading to massive fines under EU antitrust laws.

Court’s Decision
While the court acknowledged some anti-competitive conduct, it concluded that the evidence presented by the Commission was insufficient to support the full scope of the fine. As a result, the ruling either reduced or nullified the original penalty, marking a major victory for Google.

Implications for Tech and Regulation
This ruling is a setback for the EU’s regulatory efforts to curb Big Tech dominance. It raises questions about the effectiveness of antitrust enforcement and could impact future cases involving other tech giants. The decision may also influence the EU's broader regulatory approach toward large tech companies moving forward.

What’s Next?
The European Commission may still appeal the decision, but for now, Google’s win bolsters its position in ongoing regulatory battles. The outcome of this case could set a precedent for how other tech companies challenge antitrust rulings across Europe.

YouTube

YouTube Unveils New AI Tools for Creators

AI Tools for Streamlined Content Creation
YouTube has introduced a range of AI-powered features to help creators streamline video production. The standout feature, "Veo," serves as an AI assistant designed to assist with tasks like generating ideas, creating drafts, and automating video edits. Veo is expected to simplify the content creation process for both new and experienced YouTubers.

Inspiration Tab for Trending Ideas
In addition to Veo, YouTube is rolling out an "Inspiration Tab," which leverages AI to suggest trending topics and ideas based on current user interests. The tool helps creators stay relevant by offering video prompts tied to popular trends, giving them insights into what might perform well.

Why It’s Important
These AI advancements signal YouTube's ongoing commitment to making content creation more accessible and efficient. With AI helping creators save time on ideation and production, the platform is likely to see even more content generated at a faster pace.

What’s Coming Next?
As YouTube continues to embrace AI, more features could be expected in the future to further enhance content creation. This move reflects the growing importance of AI in modern media and entertainment, setting the stage for broader AI integration in creative industries.

AI Tutorial

LumaLabsAI's New v1.5: Knockout Text Effect

Step 1: Browse LumaLabs AI.

Log in to your account. Version 1.5 is already set as the default.

Step 2: Write Your Prompt

The prompt we used is:

Create a knockout/masked text effect with the words 'SMARTER WITH AI' in bold, capital letters. Inside the text, showcase a cinematic scene of a futuristic city skyline at dusk with glowing neon lights, flying vehicles, and advanced technology. The scene should only be visible within the text, with a white background surrounding it. Ensure the image is 4K resolution and highly realistic, capturing a visually stunning, high-tech atmosphere.

Step 3: Result

Now press Enter to Generate.

Tweet of the Day

Too Important to Miss

1. US to convene global AI safety summit in November.

2. Microsoft, BlackRock to launch $30 billion fund for AI infrastructure.

3. Facebook parent Meta Platforms beats lawsuit over Apple privacy, Sandberg disclosures.

4. Meta closes deal to buy up to 3.9 mln carbon credits in Latin America.

AI Resources

Generative AI vs. predictive AI: What’s the difference?

3 common barriers to AI adoption and how to overcome them.

How to use AI to analyze and summarize large documents, books and videos.

Unlock the Ultimate AI Library

Me and my team have spent 100s of hours using AI. Collected 1057+ useful Prompt Templates in 46 Categories, 50+ AI use cases, Tips, Tricks, Hacks, AI tools list, and more!!

Today’s Meme

New O1 still fails miserably at trivial questions

Poll Result

Would you use Microsoft’s Copilot Agents to automate tasks?

Yes. 60.00%✅

Maybe. 40.00%

No. 00.00%

Reader’s Opinions

Real or AI?

Only 31.33% of you guessed it right!

It was a real image!

It was a difficult guess. 😁

Let us know by replying to this email. Next time, we’ll come up with another interesting one.

Reader’s Opinion

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