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Elon Musk Launches AI Company xAI as He Looks to Take on OpenAI
ποΈ The Tech Issue | July 13, 2023
Good morning. It's Thursday, July 13. I am bringing you the latest AI news, insights, resources, and tools in today's edition. Whether you're an executive, professional, enthusiast, researcher, or simply curious, join me on this exciting view into the world of AI. Let's enjoy the read together!
Here are the highlights:
Top Story β Elon Musk launches AI firm xAI as he looks to take on OpenAI
Resources β The 7 Stages of AI
Business β 4 Strategy Pillars Keep You Focused on AI Business Impact
Podcast Worth Sharing β How AI Will Change Business Forever With Salim Ismail | EP #46 Moonshots and Mindsets
AI Tools β AI Tools Club
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STORIES
On Wednesday, Elon Musk, the billionaire entrepreneur, finally introduced his highly anticipated artificial intelligence startup called xAI. He revealed an impressive team consisting of engineers from major U.S. technology companies, whom he aims to rival in his quest to develop an alternative to ChatGPT.
The advancements in artificial intelligence (AI) are poised to have a profound impact on employment opportunities. The preliminary findings of a recent survey conducted by the Organisation for Economic Co-operation and Development (OECD) regarding the implementation of AI in the manufacturing and finance industries underscore the pressing necessity for prompt action. It is imperative to establish policies that enable nations, businesses, and individuals to harness the advantages of AI while effectively addressing associated risks.
Source: OECD
In a recent article published on VC Cafe, Eze Vidra wrote βHype coming down is probably a good thing, but I donβt think generative AI is going away anytime soon. I expect to see many more existing companies incorporating generative AI features in their existing products and services (see Dropbox, eBay, Canva, Adobe, Salesforce etc) as well as new startups working on vertical AI solutions, industry-specific automations and tooling for deploying generative AI safely in the organisation.β
According to a Shutterstock announcement, in the upcoming six years, OpenAI will acquire a license for data from Shutterstock, encompassing a vast array of content such as images, videos, music, and their corresponding metadata. As a reciprocal arrangement, Shutterstock will enjoy "priority access" to OpenAI's cutting-edge technology and innovative editing features. This access will enable Shutterstock customers to effortlessly transform images sourced from Shutterstock's extensive stock content library.
RESOURCES
The 7 Stages of AI
The 7 Stages of AI, an all-encompassing exploration of artificial intelligence. Whether you've imagined the stages of AI or hold an interest in how these 7 stages mold our technological landscape, this video attempts to satisfy your curiosity.
Artificial Intelligence (AI) is transforming our everyday lives and various industries on a global scale. To truly comprehend AI, it is crucial to grasp the 7 stages of AI, ranging from basic algorithms to advanced machine learning and beyond. This video delves into each stage, providing explanations and real-life examples.
BUSINESS
The sudden surge in interest surrounding Generative AI has caught the attention of many. However, there are organizations that have already amassed significant expertise and achievements in implementing AI methodologies throughout various business units and processes. According to Gartner's research, these seasoned AI organizations constitute a mere 10% of the current pool of AI experimenters. Nonetheless, prospective adopters of Generative AI can gain valuable insights and knowledge from these experienced entities.
PODCAST WORTH SHARING
How AI Will Change Business Forever With Salim Ismail | EP #46 Moonshots and Mindsets
Source: Peter H. Diamandis
AI TOOLS
AI-GENERATED IMAGES OF THE DAY
Source and image credit β Reddit.
Fleetwood Mac | The Beatles |
The Rolling Stones | Guns n' Roses |
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