Elon's $6B AI Fundraise
Plus why your AI content needs mistakes
Welcome back, AI’ers!
Tuesday’s Top Story: It’s been announced that Elon has raised $6B, yes, with a B, for his AI startup xAI.
Keep reading to learn more about the details.
Here’s What’s On The Menu For Today
🤖 Elon Raises $6B…
✨ Why Your AI Content Needs Mistakes
📰 News Hot Off The Press
💰️ Newly Added AI Tools
TOOL HIGHLIGHT
TODAY’S FEATURED TOOL
🖥️ Tablepad
Tablepad is an innovative tool that automates the generation of visually appealing graphs and charts. It allows users to ask questions in plain English, eliminating the need for knowledge in Python or SQL.
Not sponsored or affiliated
TRENDING STORY
🤖 Elon Raises $6B…
xAI, Elon Musk's artificial intelligence startup, has raised a staggering $6 billion in a Series B funding round. This massive investment was led by prominent venture capital firms Andreessen Horowitz and Sequoia Capital, along with other notable investors like Saudi Prince Alwaleed Bin Talal and Fidelity Management & Research Company
🔑 Key Details:
The funding round values xAI at $24 billion, with a pre-money valuation of $18 billion.
The funds will be used to launch xAI's first commercial products, build advanced AI infrastructure, and accelerate research and development efforts.
xAI aims to challenge industry leaders like OpenAI, Google, and Anthropic in the AI space, positioning its Grok language model as a "non-woke" alternative to ChatGPT.
The funding round includes heavyweights like Valor, a16z, and Sequoia.
🧠 Our Thoughts:
Can we keep it real? $6B is a lot of money to spend on building another AI model with fewer guardrails than ChatGPT.
ChatGPT has spent billions to create its model and acquire customers, which xAI hasn’t started yet.
We still never used Grok (Twitter’s X’s AI companion) or know anyone who uses it for serious matters.
But it is still early, so maybe xAI will be the next OpenAI. Weirder things have happened.
MORE DEVELOPMENTS
🤖 This is unexpected. Microsoft launched a GPT bot for Telegram. Copilot for Telegram is a personal AI assistant that enhances your Telegram experience with quick-witted assistance and endless curiosity. It is powered by Microsoft's GPT model and Bing Search, allowing you to ask complex questions, seek knowledge, get travel tips, sports updates, movie recommendations, and more.
🎨 Canva unveiled a completely redesigned editing experience called the "Canva Glow Up", with a streamlined interface and new homepage. They launched Canva Enterprise for large organizations to centrally manage teams, permissions and security. Canva also introduced new AI-powered features like Text to Graphic, Styles & Layouts, personalized tone for Magic Write, and upgrades to their video editor.
QUICK TIP
AI QUICK TIP
✨ Add In Mistakes To Your AI-Generated Content
Jason Fried has a point. Imperfections are what makes humans human.
Unlike many artists (or, in more recent cases, AI) who strive for flawlessness, the Navajo don't fix these minor errors.
This philosophy can teach us a lot, especially in an era where AI is known for its precision and lack of mistakes.
AI-generated content often lacks the human touch, the little quirks, and flaws that make writing relatable and authentic.
People quickly notice the unnatural perfection in AI-generated work, seeing this flawlessness as proof of its inhuman nature.
People want the mistakes.
Like the Navajo weavers, we could see these minor errors as part of the journey, adding character and authenticity to our work.
Incorporating human-like mistakes can make AI-generated content more relatable and engaging.
Yes, we love AI, but we take a hybrid approach, which always works out for us in the end.
So next time, add some mistakes to your AI content; your audience will apprecite 😆 it.
QUICK BITS
MORE NEWS
Using AI, Mastercard expects to find compromised cards quicker, before they get used by criminals (link)
How New Technology Creates New Businesses (link)
NVIDIA Controls a Whopping 95% of the AI Chip Market (link)
YouTube Music will let you search by humming into your Android phone (link)
Elon Musk's xAI plans to build 'Gigafactory of Compute' by fall 2025 — using 100,000 Nvidia's H100 GPUs (link)
After the historic $6B raise, xAI is hiring (link)
Media Companies Are Making a Huge Mistake With AI (link)
AI ON SOCIAL
FROM THE WEB
✨ AI Accessibility Usecase
Helping people with physical challenges (Tremors, RSI, Broken Bones, Ligament issues, etc) is one of the best things about building @superwhisperapp
Getting messages like this gives me so much motivation to build.
— Neil Chudleigh (@neilsuperduper)
4:36 PM • May 27, 2024
Superwhisper is a tool we often use when we need to record and have that audio transcribed.
It’s a great tool.
We follow the founder on Twitter, and he made the post above.
His tool helps someone with Parkinson’s work without compromise due to his shakes.
As AI continues to weave its way into our everyday lives, stories like these highlight a critical benefit: accessibility. AI tools like Superwhisper break down barriers, offering solutions that adapt to individual needs, making the world a more inclusive place for everyone.
And it’s not just Superwhisper. Across various platforms and applications, AI is a powerful ally in enhancing accessibility, ensuring that everyone, regardless of their physical challenges, can achieve their full potential.
So next time you use Superwhisper or any AI tool, remember it’s not just about technology. It’s about creating a world where everyone can thrive, one innovation at a time.
NEW TOOLS
Tablepad - an AI-powered tool that enables users to upload, view, and query data in a simplified manner. It is designed to deliver data insights and generate charts without requiring coding skills.
RelatedAI - a sophisticated AI tool designed with multi-model chat capabilities. With this tool, developers can create intelligent chat systems able to interact with users in a more effective and intuitive manner.
Eloquence - an AI tool designed to help users enhance their ability to have real-world conversations in various languages. It focuses on creating a judgment-free environment where users can practice speaking, listening, and understanding different languages.
Bleep Censor AI - a tool designed to help content creators effectively manage profanity in their video and audio content.
Microsoft Copilot on Telegram - an Artificial Intelligence tool designed to serve as an everyday companion for users. It has now expanded its platform reach by integrating with Telegram, a popular messaging app.
Low KD Finder - a tool designed to identify and suggest low competition keywords to enhance SEO strategies and improve the visibility of web content.
Preps - an Artificial Intelligence (AI) driven tool that provides immersive mock interview simulations, specifically designed to emulate real-world technical interviews typically conducted at leading tech companies.
Rate My Resume - an advanced AI-powered tool designed to enhance job application processes by offering personalized, tailored resume creation and editing.
VisualHUB - an AI-powered tool designed to evaluate and optimize product designs quickly and effectively. It supports a wide range of analysis options for designs, allowing users to select the type of analysis they need.
4K Portrait Headshots Pro - an AI-based photography tool provided by Arible. With the primary goal of producing high-quality 4K portraits, this tool derives realistic images of a user from a single reference picture.
See more of the newly added tools here.
PROMPT OF THE DAY
Copy and paste this prompt 👇
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THAT’S IT FOR TODAY
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-Best of AI Team
This issue was written in collaboration with Midjourney, Perplexity, and Grammarly and edited by a human. Welcome to the future.
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