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- From College thesis to $1.5 Billion Company š³
From College thesis to $1.5 Billion Company š³
Yep... if you ever needed motivation, this might be it.
(Reading time: ~ 5 min)
š¤ Itās time for Your AI News, Byte-Sized.
Shake off your Monday bluesā¦
š Welcome to the 46 of you who just joined!
Starting off the week cold and in need of some motivation? Wellā¦ I might have the story for you. Get jump-started for the week with some great new AI projects and awesome reads. Hereās what Iāve got for you:
The story of how a college thesis turned into a $1.5B AI company š¤Æ
Why youāll never need to code a website again š§āš»
U.S. looking at more AI regulations? š«¢
And muuuch moreā¦
š„³ Announcing last weekās winner - joset*****@gmail.com
The answer was: AI News Roundup
As part of my effort to give back to our dedicated readers, Iāve included a fun weekly challenge! One of the paragraphs in this newsletter was written by AI. If you can identify it, Iāll be giving away my HUGE AI prompt booklet (3,000 prompts) to the winner!
ā” AI Entrepreneur Story Of The Week!
Starting as his thesis study at school, itās now a company worth $1.5 Billion.
This is CristĆ³bal Valenzuela, co-founder and CEO of Runway. Heās just bagged $141 million from investors including Salesforce Ventures for his AI content creation company that allows users to edit content with text-based prompts.
Credits: Madrona Venture Group
CristĆ³balās main idea for starting Runway was to create a tool to run various AI models that could help with creative work. That was in 2018. As an early visionary, his work only really took off once AI tools became mainstream to all.
But what makes CristĆ³bal special, is his desire to keep pushing the limits and making this once inaccessible technology available to any user.
š My #BuildInPublic Feature
This weekās #BuildInPublic feature packs a massive punch, with 6 months of work under the hoodā¦ and thatās Vivek Tiwari and Woodle!
Woodle aims to redefine web design, making beautiful and functional websites accessible to all through AI. Woodle is an end-to-end website builder, meaning you tell them what kind of website you want and it creates oneā¦ and an amazing one at that. Iām excited to see what Woodle will do for creators.
Take a quick look at their incredible website, youāll know what I mean.
āØAfter 6 months in stealth mode, I'm thrilled to unveil @Woodle_AI!
We're bridging GenerativeAI & webdev to craft stunning websites. With contextual content in a click, creating a website is now one tap away.
Join us as we change the face of web design! š
#bui#buildinpublicp
ā VivĪk Tiwari (@realVivekTiwari)
8:22 AM ā¢ Jun 29, 2023
šØ Amazing AI Projects Worth Looking Into
Project #1: Camera-controlled Snake Game (@mgechev)
These days, the term AI is almost synonymous with ChatGPT and text-based applications. However, Minko Gechev is back to remind us of the boundaries of AI with his fun little Snake Game. Why not try to beat his score of 34 š
Project #2: Plugin Surf (@rafal_makes)
Plugin Surf is a new, but quickly growing web app that acts as a directory for ChatGPT plugins. Finally! There hasnāt actually been a proper place to find great plugins, but now youāll have it all in one place.
Project #3: AI Nature Documentary (@charliebholtz)
Ever wondered how AI image, video, and voice creation is coming along? Wellā¦ this mini project by Charlie Holtz showcases exactly that. Heās created a 3-minute AI-generated nature documentary with David Attenboroughās voice. Close your eyes and you wouldnāt be able to tell the difference.
š Last Weekās AI News Roundup
The Headliner: Inflection AI bags a $1.3 Billion round
Among a huge round of investments for several AI companies, with 3 companies totaling $1.5 Billion, Inflection AI stood head above shoulders with their jaw-dropping numbers. Their valuation now sits at around $4 Billion, according to Forbes. New AI unicorns are starting to swarm in.
U.S. rolling out new regulations on AI
Moves to stop shipments of AI chips from Nvidia and further tightening with licenses could see Nvidia and the rest of the AI industry growth take a hit. However, analysts still believe AI demand will exceed supply this year.
Australian industry set to lose 190,000 workers to AI
With a recent study demonstrating the threat of AI toward mainly office and administrative services, a 46% replacement of the 415,000-strong industry will see a shocking number of jobs lost. And thatās just for one industryā¦
š The Byte-Sized Reading/Listening List
1. Interview: A conversation with OpenAI CEO Sam Altman | Hosted by Elevate (28 min)
2. Video: Businesses of The Future: This Generations Opportunity (15 min)
3. Reading: How AI Could Spark the Next Financial Crisis (4 min)
š¦ļø Byte-Sized Tweet Of The Week
Using AI generative fill the right wayā¦
Another Meme Legends, Photoshop generative fill AI by @SavvyDone
ā AK (@_akhaliq)
8:52 PM ā¢ Jun 29, 2023
š„³ Thatās a wrap!
Hope youāre all charged up and ready to take on the week ahead!
Psstā¦ did you forget about the fun challenge! If you managed to spot the AI-generated section, let me know your guess through the form below for a chance to win my 3,000 AI prompts handbook! Iāll be announcing the winner at the start of each newsletter š„
Have a lovely week people, and keep killing it out there šŖ
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