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🤫 The Secret Chinese Investments in U.S. AI Startups

ChatGPT4 took the game to another galaxy + Samsung joined the AI revolution.

Yaro Celis

Nov 8

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Hello Team 🙏,

Samsung is all in the AI Revolution, but who isn’t really? Chinese Investments are being used to circumvent US AI regulations and OpenAI GPT-4 is a game changer. We also share our tools of the day and some hacks and tricks.

This is what’s going on today:

OpenAI's GPT-4 Turbo took the game to another Galaxy.
The Secret Chinese Investments in U.S. AI Startups
Product design has never been easier (Uizard)
Samsung Joins the AI Revolution
💡 AI Hacks and Tricks
🧰 AI Tools of the Day (Custom Greeting Cards)
💰 Follow the Money

"Innovation is the outcome of a habit, not a random act." - Sukant Ratnakar

💪🏽 Important AI News and Trends.

Amazon has a team to train AI models to compete with OpenAI (Reuters)
Tech startups try to sell a skeptical Pentagon on AI (NYT)
AI firm Luminance has an AI that can autonomously negotiate contracts (CNBC)
YouTube to test generative AI summarizer and conversational tool (TC)
AI is helping pick embryos for IVF. (Axios)

🌐 Web3 and Other Tech news.

YouTube camps are failing at teaching kids how to make it big online (WP)
Robots are recycling your plastics, well sort of… (MIT)
Why Hong Kong is still bullish on crypto (MIT)
US leads in EV manufacturing, but not sales (NYT)
Shein Targets Up to $90 Billion Valuation in US IPO (BOF)
Americans use credit cards for everything, and balances are > $1 Trillion (CNBC)

OpenAI's GPT-4 Turbo took the game to another Galaxy.

OpenAI's latest marvel, GPT-4 Turbo, marks a significant leap in AI with its updated knowledge, expanded input capacity, and multimodal abilities, all at a reduced cost. This advancement empowers users with more accurate information up to April 2023 and the ability to process extensive data up to 300 pages.

Innovations:

Custom Chatbot: Users can now effortlessly create bespoke AI chatbots, which could revolutionize personal and professional digital interactions.
GPT Store: A new platform where creators can share and potentially profit from their AI innovations, similar to an app store.

Challenges:

Copyright Protection: OpenAI commits to legally back users against copyright infringement claims, mirroring the proactive stance of other tech giants.
Ethical Responsibility: The potential for misuse necessitates careful consideration of AI ethics and responsible deployment.

Prospects:

Monetization: The GPT Store offers economic opportunities for AI creators, though revenue details are pending.
Enterprise Integration: Businesses can harness custom GPTs internally to streamline operations.

Developer Guidance:

Value Addition: Developers should strive to innovate beyond OpenAI's offerings to stay competitive.
Hardware Potential: OpenAI's CEO hints at possible new AI-integrated devices, reflecting the trend of technology shifts bringing new hardware.

I finally got access to GPT-4 Turbo which is not just a technical upgrade; it's a transformative force in AI, inviting ethical, legal, and creative exploration. It is very useful and time-saving to create images, analyze data and images, and execute any prompt from the same chat. Cant wait to create custom-made GPTs for me and my team.

Product design has never been easier

Are you…

Spending hours in complicated design tools for simple mockups?
Waiting for designers or others to make time for your ideas?
Needing to improve your product or ship features faster?

Never leave an idea behind. Ditch the endless back-and-forth. Design UIs easily and in seconds with Uizard! You bring the ideas, AI does the rest.

Uizard is an AI-powered UI design tool for creating wireframes, mockups, and prototypes for digital products. Start from scratch, a template, or generate a multi-screen mock-up from simple text prompts with Uizard Autodesigner, which just got even better…

Introducing Autodesigner 1.5

You can now use the Autodesigner widget (new!!) at the bottom of any Uizard project:

Generate individual screens and images with text prompts
Use text, images, or links to apply new themes
Unleash your creativity and impress your stakeholders with stunning, interactive UIs

Going from idea to mockup, to clickable prototype has never been so easy.

Try it free today!

Samsung Joins the AI Revolution

At the Samsung AI Forum 2023, Samsung Research highlighted its commitment to generative AI with the introduction of Samsung Gauss, its proprietary AI model suite. The forum featured discussions on the impact of generative AI and presentations from industry and academic leaders.

Samsung Gauss encompasses three tools:

Samsung Gauss Language: Aids in tasks such as email drafting, document summarization, and language translation. Streamlines work processes and enhances user interaction with smart devices.
Samsung Gauss Code: A coding assistant designed to facilitate software development within Samsung, with features like code documentation and test case generation through an interactive interface.
Samsung Gauss Image: An image model capable of generating and editing images, including style modifications and resolution enhancements.

These tools are initially focused on boosting employee productivity but will soon be integrated into Samsung's product range to enhance user experience. I wonder if I could chat with my fridge soon and tell it to order groceries. To stay competitive, Samsung is also proactive in addressing AI security and privacy through its AI Red Team and adheres to ethical AI principles.

Secret Chinese Investment in U.S. AI Startups

American AI startups are discreetly receiving funding from prominent Chinese venture capital (VC) firms, notably Sequoia Capital China. This includes investments in startups like UTA, working on an AI chatbot for travel assistance, and Opus Clip, developing AI tools for podcast video clip generation. Despite no official announcements, this trend is ongoing amidst rising U.S. governmental concerns about Chinese investment in American technology.

The importance of this development lies in the potential for AI startups to access significant capital and resources, propelling innovation and growth. However, it also raises security and intellectual property concerns, prompting scrutiny from U.S. officials who fear that it could lead to the transfer of sensitive technology and competitive advantages to China.

Pros:

Access to large pools of capital for AI startups.
Accelerated innovation and shortened time-to-market for new AI technologies.
Enhanced global competitiveness of US startups through global partnerships.

Cons:

Risk of intellectual property theft or misuse.
Increased U.S. governmental scrutiny, potentially leading to regulatory challenges.
Foreign influence on American technology and its strategic direction.

This trend of funding can provide a way for US startups to circumvent direct regulatory barriers, offering a lifeline in a competitive global market. And a way for Chinese companies to get into the US markets circumventing US regulations. In a market where everyone is rushing to deploy AI platforms, this risk/opportunity to raise cash from other nations becomes a bigger issue.

💡 AI Hacks and Tricks

How to Use Duet AI (Google Workspace AI) to Create Images (TR)
Tricks to use AI ethically (Entrepreneur)
18 Best AI Content Detection Tools in 2023 (GM)

💰 Follow The Money

$1B+ valuation achieved by 01.AI, led by AI pioneer Kai-Fu Lee.
$500 Million, poured Into AI Startup Aleph Alpha from corporate investors.
$500 Million Enterprise AI Venture launched by IBM.
$60 Million Andreessen Horowitz Leads AI Fintech Investment.

🧰 AI Tools of the Day

Greeting Cards.

Silly Cards - Create Greeting cards with a silly touch.
AI Card Generator - Quickly generated customized cards.
YooHoo - Generate personal greeting cards and ship them to friends and family.
Lazy Cards -Free AI-written greeting cards

Download over 250+ Tools free here.

🚀 Showcase Your Innovation in the Premier Tech and AI Newsletter (link)

As a vanguard in the realm of technology and artificial intelligence, we pride ourselves in delivering cutting-edge insights, AI tools, and in-depth coverage of emerging technologies to over 55,000+ tech CEOs, managers, programmers, entrepreneurs, and enthusiasts. Our readers represent the brightest minds from industry giants such as Tesla, OpenAI, Samsung, IBM, NVIDIA, and countless others.

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Disclaimer: We do not give financial advice. Everything we share is the result of our research and our opinions. Please do your own research and make conscious decisions.

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Wednesday, November 8, 2023