More Moolah for OpenAI

Plus Perplexity drops Mac app

Author

Jelani Abdus-Salaam
October 01, 2024

Welcome back, AI’ers!

Here’s What’s On The Menu For Today

  • 🤖 SoftBank to invest $500 mln in OpenAI

  • ✨ Perplexity drops Mac app

  • 📰 News Hot Off The Press

  • 💰️ Newly Added AI Tools

TODAY’S FEATURED TOOL

🖥️ MindMap AI

MindMap AI is a powerful tool designed to enhance brainstorming and ideation processes. It leverages advanced AI technology to generate sophisticated mind maps and concept maps from various input formats, including text, PDF, image, audio, and video files.

Keep reading for the access link.

Tools are sourced from our database and are not sponsored or affiliated.

TODAY’S TOP STORIES

💵 SoftBank to invest $500 mln in OpenAI (LINK)

SoftBank's Vision Fund is set to invest $500 million in OpenAI's latest funding round, valuing the AI company at $150 billion15. This investment marks SoftBank's first foray into OpenAI and comes as part of a larger $6.5 billion funding round that includes other major investors like Thrive Capital and Microsoft45.

  • OpenAI expects to end 2024 with $3.7 billion in revenue, projecting growth to $100 billion by 2029.

  • The funding round is structured as convertible notes, allowing investors to convert their debt into shares later.

  • Apple reportedly dropped out of plans to participate in this funding round.

📊 Airtable just launched an AI platform that could change how you work (LINK)

Airtable has launched an enterprise-grade AI platform, transforming its collaborative app-building tool into a solution for deploying AI in critical business workflows. The platform includes App Library for creating standardized AI-powered applications and HyperDB for integrating massive datasets, aiming to help companies realize returns on their AI investments

  • Airtable's new platform balances standardization and customization, allowing central teams to create AI-embedded applications that can be adapted by different business units

  • The company's approach focuses on enabling parallel deployment of AI across thousands of records or workflow steps, differentiating it from competitors

  • Airtable faces competition from established enterprise software vendors and AI-native startups in the rapidly evolving enterprise AI market

🖥️ Microsoft Copilot gets a major upgrade with new UI, Copilot daily, and more (LINK)

Microsoft Copilot has received a significant upgrade, featuring a sleek new user interface and the introduction of Copilot Daily. The redesign offers a more streamlined experience with informational blocks, a floating text box, and support for both light and dark themes

  • Copilot now supports multiple interaction methods, including text, image uploads, and voice commands with four distinct voice options

  • The new Copilot Daily feature provides personalized, AI-generated daily updates in just 5 minutes, covering general information and news from reputable sources

  • This redesign appears to be the work of Microsoft's new AI division led by Mustafa Suleyman, co-founder of Inflection AI

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OTHER NEWS YOU MAY LIKE

Google to Spend $1 Billion in Thailand to Speed Up Asia AI Push (link)

Microsoft to face higher competition scrutiny in Germany, including over its use of AI (link)

Mozilla has released a vision for Public AI, including an ecosystem of initiatives. (link)

Augmented Intelligence claims its AI can make chatbots more useful (link)

Apple No Longer in Talks to Join OpenAI Investment Round (link)

ByteDance plans new AI model trained with Huawei chips, sources say (link)

Apple may release an iPad-like smart home display next year (link)

Raspberry Pi and Sony made an AI-powered camera module (link)

Anthropic reduces the error rate of RAGs by 67% using a simple method called  "Contextual Retrieval" (link)

California governor vetoes major AI safety bill (link)

OpenAI plans to double ChatGPT's price in five years, targeting $100 billion in revenue by 2029 (link)

China makes AI breakthrough, reportedly trains generative AI model across multiple data centers and GPU architectures (link)

Microsoft Prepares to Relaunch AI-Powered Recall Offering (link)

Google and Meta update their AI models amid the rise of “AlphaChip” (link)

Meta tests personalized AI content in Facebook and Instagram feeds (link)

If your AI seems smarter​, it's thanks to smarter human trainers (link)

Google NotebookLM now summarizes YouTube videos and provides key insights directly from the video transcript (link)

OpenAI's o1 probably does more than just elaborate step-by-step prompting (link)

Tesla starts pushing Full Self-Driving access for some Cybertrucks (link)

FROM THE WEB

✨ Perplexity Dropping Mac App October 15th

Perplexity is taking pre-orders for their new Mac - Perplexity: Ask Anything.

The new app will serve as a quicker way for users to access Perplexity by using the commands ⌘ + ⇧ + P.

Once pressed a new input box will appear prompting you to enter the question you want the AI to answer.

Dropping October 15th, you can pre-order yours now. (link)

NEW TOOLS FROM OUR DATABASE

Tool of the day was MindMap. Click here for the link or continue reading for other cool AI tools just added to our database.

edCode - an online platform that provides an easily accessible method of learning coding concepts from basics to advanced, accommodating both beginners and experienced coders.

TweetCheck - an Artificial Intelligence (AI) powered tool designed to monitor and correct grammar and spelling errors within Twitter and X posts, comments, and messages.

Rocky AI -  a Chrome extension aimed at enhancing web browsing experiences through interactive artificial intelligence.

DocAI - a transformative AI-driven platform designed to streamline document workflows and improve productivity. Its primary function is to convert static text into dynamic conversations.

AiPlix - The AI Browser - an AI-powered browser designed to simplify the online browsing experience by automating various tasks including content retrieval, browsing, summarization, and organization of content.

SVGStud IO - an AI-powered tool designed to assist creatives with the generation and discovery of Scalable Vector Graphics (SVGs). It employs a text-based AI generator that creates customized SVGs based on textual descriptions and optional example images.

*Indicates sponsored post

🔮 MYSTERY LINK

This link might showcase Mark Zuckerberg's metaverse vision or how to develop immersive virtual reality experiences or anything in between.

PROMPT OF THE DAY

Copy and paste this prompt 👇

“Create three pairs of ad scripts and ad creatives for [product/business] and describe the instructions on how to implement them. Identify the target audience for the [product/business] and create ads to achieve the [goal]. Ensure that the ads possess [qualities].

Business = [Insert here]

Goal = [Insert here]

Qualities = [Insert here]”

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THAT’S IT FOR TODAY

Until next time, stay safe.

-Best of AI Team

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