Discover more from WorkWithAI.com's Daily Newsletter
OpenAI Raises $300 M From Investors, Valued at $27-29 Billion
⚡ Today’s Highlights
📰 News: OpenAI gets another huge payday, now valued at $27-29 billion
💰 Funding: BrainBox AI and Dori
🦾 Tools: AI takes the work out of analysis and documentation
📅 Events: EmTech Digital, MIT Tech Reviews signature AI conference, starts tomorrow!
📰 Today's Top Stories
(8 min read) (Source: TechCrunch)
TLDR: OpenAI, the creator of ChatGPT, has secured over $300 million from new investors, including Sequoia Capital and Andreessen Horowitz sources told TechCrunch.
Microsoft's $10 billion investment in OpenAI is separate from this round and comes with a strong strategic angle.
The VCs invested as financial backers and now own over 30% of the company, pending countersigning from OpenAI. The official announcement is expected later this week.
(5 min read) (Source: Reuters)
TLDR: G7 digital ministers have agreed on adopting "risk-based" regulation for artificial intelligence that balances democratic values and preserves an open environment for AI development.
The agreement sets a landmark for major countries governing AI amid privacy and security risks.
Meanwhile, Japan (this year’s chair of G7) has pledged support for public and industrial adoption of AI and hoped for agile or flexible governance rather than preemptive regulation.
(3 min read) (Source: The Verge)
TLDR: Dropbox will be laying off around 500 employees, comprising roughly 16% of its workforce, to focus on building out its AI division. The company aims to shift towards early-stage product development and AI, which are critical to its next stage of growth.
Dropbox CEO Drew Houston has said that the layoffs will enable them to create a different mix of skills, particularly in AI and product development, to meet future business demands. The company has already introduced some AI-powered features such as automatic text recognition in 2018 and is now focused on making a shift towards AI, aiming to be at the forefront of the AI era by reimagining its existing businesses and creating new ones.
💰 Funding Alerts
BrainBox AI, a leader in autonomous building technology that uses AI to make buildings smarter, greener, and more energy efficient, recently raised $20 million in fundraising, with $10 million coming from the Government of Québec, alongside ABB, a returning lead investor and global partner to BrainBox AI.
The company plans to use the funds to continue developing its cutting-edge decarbonization technology and for global commercialization efforts.
BrainBox AI also plans to acquire ABB's multi-site retail energy management system integrator business to accelerate the decarbonization journey for retailers.
Dori, a generative AI platform for private market transactions, raised $2 million in seed funding last year from Counterpart Ventures, Correlation Ventures, Service Provider Capital, and a number of prominent corporate attorneys.
The company streamlines venture equity transactions using machine learning.
With the funds, Dori plans to continue to develop and improve its AI platform, expand its team, and further grow its customer base.
🦾 Trending Tools
Microsoft Designer uses AI to create one-of-a-kind designs and suggestions for social media and digital needs. Get stunning social posts and invitations by simply typing in your ideas. Available as a web app, mobile versions are coming soon.
TRIS-AI provides valuable sociometric data and personality analysis to boost productivity, identify and resolve conflicts, and eliminate bottlenecks in employee communication. Seamlessly integrates into your in-house communication platform.
Guidde AI is a generative documentation creation platform that uses AI to produce stunning video documentation, complete with audio narration, storyline, and voiceover with a couple of clicks. Collaborate and share across any tool.
Viable offers an AI-powered platform that helps businesses make data-driven decisions faster. With natural-language reports filled with deep analysis and actionable insights, Viable analyzes sales calls, support tickets, employee surveys, and more. Its analysis is so high-quality it’s difficult to distinguish it from human-written. Viable is SOC 2 Type 2 certified and offers automated PII redaction.
ChatGPT-2D brings a new level of depth to AI conversations with its 2-dimensional map. Break free from linear limitations and explore the possibilities of multi-round conversations with this innovative platform.
👀 More Reading
Tech’s Newest Side Hustle: Prompt Engineers Surf the AI Wave (The Information)
I Cloned Myself With AI. She Fooled My Bank and My Family. (The Wall Street Journal)
AI Is a Waste of Time (The Atlantic)
Is Artificial Intelligence Our Forbidden Fruit? (The Wall Street Journal)
🌎 Fresh Content
2. Lex Fridman sat down to talk to Robert Playter, CEO of Boston Dynamics, to discuss the robots, how they’ve evolved over the years, and how they’re being used around the world. Boston Dynamics creates some of the worlds most advanced and well known robots and is revolutionizing robotics and the practical AI used in physical tasks. (YouTube)
3. Matt Wolfe revealed the secret to his success! A single prompt that can be morphed to produce several different, incredible prompts that can be used to do almost anything you can imagine. (YouTube)
Biological Brains Outpace AI in Learning, Thanks to Structured Exploration (Neuroscience News)
📅 Upcoming Events
EmTech Digital /(May 2-3, 2023 / In person on the MIT campus or Virtual), MIT Technology Review’s signature AI conference, provides CIOs, CPOs, and IT decision makers with the technical insight and business expertise to implement AI systems that enhance products, improve customer experiences, and ensure market success. This year’s conference focuses on the game-changing power of generative AI and how it will impact creators and clients alike. We’ll explore the models behind the technology and the legal implications of generated content. We meet leading researchers and explore hands-on case studies of amazing applications of all forms of AI.
ODSC East 2023’s AI Expo (May 9-11, 2023 / In person at Boston Hynes Convention Center or Virtual) will be hosting talks from some of the best and brightest minds in data science and AI. Attend partner sessions that offer compelling insights on how to make data science and AI work for your industry, with topics including Machine Learning & Deep Learning Platforms, MLOps & Data Infrastructure, Data Annotation & Data Labeling, Data Analytics & Decision Intelligence Systems, Machine Learning on the Cloud & Big Data. Network with over 4,500 data science and AI experts and join the most influential Data Science community worldwide.
The Data Innovation Summit (May 11-12, 2023 / In person in Kistamässan, Stockholm or Virtual through Agorify) is the largest and most influential annual Data and AI event in the Nordics and beyond, bringing together the most innovative minds, enterprise practitioners, technology providers, start-up innovators and academics, working with Data Science, Big Data, ML, AI, Data Management, Data Engineering, IoT and Analytics, in one place to discuss ways to accelerate AI-driven transformation throughout companies, industries and public organizations. It is the place to be for all professionals and organizations working with the utilization of data and AI innovation for enhancing customer experience, improving operational processes, enabling future sustainability, reinventing business models, or developing data-driven products and services.
Boost your business's sales strategy with these prompts. From identifying your target market to developing a compelling sales message and implementing a sales campaign, these prompts will help you refine your approach and reach your business goals.
Target Market Identification
ChatGPT will guide you in identifying your ideal customer by asking questions about their demographic, geographic, and psychographic characteristics, needs, wants, and pain points. Use this information to create a customer persona that represents your target market.
Prompt: "Can you help me identify my ideal customer? I'm not sure where to start. Can you ask me questions about my customers' characteristics, needs, and pain points? Based on my answers, can you help me create a customer persona that represents my target market?"
Sales Messaging Development
ChatGPT will help you develop a clear and compelling sales message that speaks directly to your target market. Use this prompt to identify the key benefits of your product or service, differentiate yourself from the competition, and craft messaging that resonates with your audience.
Prompt: "I'm struggling to create a compelling sales message that speaks directly to my target market. Can you help me? Can you guide me through identifying the key benefits of my product or service, differentiating myself from the competition, and crafting messaging that resonates with my audience?”
Sales Campaign Implementation
ChatGPT will help you develop a sales plan that includes specific goals, metrics, and tactics to reach your target market. Use this prompt to identify the channels you'll use to reach your audience, measure success, and incentivize purchases.
Prompt: "I need help developing a sales plan that reaches my target market. Can you help me identify the channels I'll use to reach my audience, measure success, and incentivize purchases? Can you guide me through the process of creating a sales plan that meets my business goals?”
That's all for today's email! If you want more please follow us at the social channels linked below, or check out our website!
Share our newsletter: If you like our work please share/forward this email with your friends, colleagues, and family. It's the best way to support us!
If this email was forwarded to you please sign up here to continue receiving them.
Want your content, product, jobs, or event featured in our newsletter? Reply to this email with the details, and our team will reach out to you.
Do you use AI for work? Tell us how, and you could be featured in our newsletter!
Check out our website for more resources, including a list of AI investors, products, events, and twitter follows.
For an archive of all our posts, click here.
We'd love to hear from you! You can always leave us comments or feedback by replying to this email!