Apple OpenAI Partnership, Amazon vs Starlink, EU clamping down

Deep Dives & Tools 💬

“Lies, damn lies and statistics”. Here’s a list (examples and solutions) of how to guard against misleading statistical tactics - LINK

Guidde.com

guidde is the generative AI platform for business that helps your team create video documentation 11x faster.

Playbook: Personal Branding in the Age of AI

Here’s a 5-part playbook by Kyle Balmer (entrepreneur for over 10 years with a combined audience of over 150k) on how to build your personal brand superpower using AI

Meme of the Day [Source]

News & Trends 📢

OpenAI’s Japanese rival, Sakana, raising a $1b valuation round from Silicon Valley investors

Founded by Google Deepmind alumni, Sakana is raising around $100m, co-led by NEA, Lux Capital and Khosla Ventures. The company does not yet generate revenue but Silicon Valley investors are betting that local LLMs shall outperform those developed in the US. [Source]

LinkedIn launches a new suite of AI tools - which includes generation of cover letter and resumes, job searches using conversational prompts, and more! Further details to try it here

Privacy and Legal Violations

• Clearview AI: The facial recognition startup is proposing giving equity to those who faces were scrapped (i.e. almost every single American) as it lacks fund to settle the class-action lawsuit (NY Times)

• Apple and Meta vs the EU: The EU is seeking to charge Apple and Mata for potentially violating the Digital Markets Act [News]

• No more LinkedIn ads in the EU: LinkedIn to no longer allow targeted ads in the EU after complaint over sensitive data use [Techcrunch]

AI candidate, Steve, is running for election for the UK parliament

Apple Intelligence: How Apple is partnering up with OpenAI

Apple will integrate its personal assistant across all new devices / OS to enhance user experience (called “Apple Intelligence”), enhance Siri with ChatGPT, establish a revenue-sharing model with OpenAI (pay using distribution vs upfront amount), and will explore payments integration with AI. [Bloomberg]

Indian grocery delivery startup, Zepto, to raise $650m at a $3.5b valuation

Having raised funding in August 2023 at a valuation of $1.4b, Zepto is now seeking a fresh round of $650m at a $3.5b valuation - where new investors Lightspeed, DST Global, and others, are expected to come on board. The firm is seeking to outplay Zomato’s Blinkit and other rapid grocery startups, to vie for rapid geographic and product expansion. [Money]

Amazon to launch satellite internet in South America, and compete directly with Starlink [Source]