AI Pulse #25: Codeium Reaches $500M Value in Kleiner-Led Funding, Finding Winning Company Names with AI Trends, + MORE
Hello everyone! 👋 Ready for Issue #24? We’ve got a lineup of stories that showcase the innovative ways AI is being integrated into business strategies.
Let’s dive in!
Latest Funding News
In today’s feature, we explore the intriguing use of AI and trends to craft the ideal company name, a tactic gaining traction among businesses. We also take a look at Codeium’s recent leap to a $500M valuation in a Kleiner-led funding round, highlighting the significant investment and interest in AI startups. Join us for these stories and more!
Top Trending AI News
1. Harness Trends and AI for Ideal Company Name
Publisher: Bloomberg
Published: 1/31/2023
Companies are changing their names to match current trends and consulting AI to find catchy and memorable monikers.
TAKEAWAYS
1️⃣ Renaming companies is now common and acceptable.
2️⃣ Choose short, trendy names that align with societal trends like AI or sustainability.
3️⃣ Get creative with playful and clever names that describe what the company does.
4️⃣ Consider using locations or foreign words to convey attitude and uniqueness.
5️⃣ Use AI chatbots to generate potential names and test them on target customers.
2. Elon Musk’s AI “Grok” Explains Governments’ Power Play
Publisher: Infowars
Published: 1/31/2023
Elon Musk’s AI “Grok” explains why corrupt governments create chaos for distraction, power, economic gain, undermining opposition, provoking reaction, and manipulating public opinion.
TAKEAWAYS
1️⃣ Chaos in the streets distracts from government corruption.
2️⃣ Chaos can be used to increase government power and restrict civil liberties.
3️⃣ Officials profit from chaos through black market activities and bribes.
4️⃣ Chaos weakens political opponents and hinders organization.
5️⃣ Governments use chaos to manipulate public opinion and shape narratives.
3. Galaxy S24’s AI Keyboard Tempting Alternative to Gboard
Publisher: Android Police
Published: 1/29/2024
Impressive AI features on the Galaxy S24’s keyboard, including translation and grammar correction, but Gboard is still preferred due to reliability.
TAKEAWAYS
1️⃣ Galaxy S24 AI keyboard has impressive translation and spelling/grammar check features.
2️⃣ Typing and text correction experience falls short compared to Gboard.
3️⃣ Conversation translation is the most impressive feature, but author still prefers Gboard.
4️⃣ AI writing style suggestions are amusing but not personally useful.
5️⃣ The author might consider switching to Galaxy S24 keyboard with further improvements.
4. Taylor Swift, Olivia Rodrigo Songs Disappear as TikTok Licensing Battle Intensifies
Publisher: Rolling Stone
Published: 2/1/2024
Taylor Swift and Olivia Rodrigo songs are disappearing from TikTok due to a licensing dispute with Universal Music Group over compensation and AI usage.
TAKEAWAYS
1️⃣ Taylor Swift, Olivia Rodrigo songs disappear from TikTok amid licensing battle.
2️⃣ UMG fails to renew licensing deal with TikTok over artist compensation and AI concerns.
3️⃣ Official UMG recordings like “Cruel Summer” and “Get Him Back” vanish from search results.
4️⃣ Videos featuring UMG songs are muted with a copyright restriction prompt.
5️⃣ UMG accuses TikTok of “indifference” and bullying, while TikTok claims UMG prioritizes greed over artists.
5. Ex-Cloudera CEO Bearden Raises $30.5M for AI Startup
Publisher: Bloomberg
Published: 1/29/2024
Sema4.ai, an AI startup led by former Cloudera CEO Rob Bearden, raised $30.5 million from investors including Mayfield and Benchmark.
TAKEAWAYS
1️⃣ Startup Sema4.ai raises $30.5M for AI tools.
2️⃣ Investors include Mayfield and Benchmark.
3️⃣ Helps companies automate tasks with AI.
4️⃣ Led by former Cloudera CEO Rob Bearden.
5️⃣ Three-month-old startup emerges from secrecy.
6. ChatGPT Leaks User Passwords from Private Conversations
Publisher: Ars Technica
Published: 1/30/2024
ChatGPT is leaking private conversations, including passwords and personal details, of its users, according to an Ars reader.
TAKEAWAYS
1️⃣ ChatGPT is leaking passwords and personal details from private conversations.
2️⃣ Leaked conversations include login credentials for a pharmacy support system.
3️⃣ Other leaked conversations contain unpublished research papers and PHP scripts.
4️⃣ The leaks were discovered by an Ars reader when using ChatGPT.
5️⃣ OpenAI, the maker of ChatGPT, is investigating the issue.
7. Microsoft Unveils Day One Vision Pro Apps with Copilot AI Integration
Publisher: 9to5 Mac
Published: 1/31/2023
Microsoft’s Vision Pro apps, including AI-powered Copilot features, will be available on Apple’s visionOS platform, enhancing productivity and collaboration on the new platform.
TAKEAWAYS
1️⃣ Microsoft reveals apps for Apple’s Vision Pro, including Copilot AI integration.
2️⃣ Copilot assists in meetings, writing, idea generation, and data analysis.
3️⃣ Microsoft Teams on Vision Pro uses Apple’s Persona feature for video calls.
4️⃣ PowerPoint on Vision Pro allows practicing presentations in an immersive environment.
5️⃣ Excel and Word on Vision Pro offer infinite canvas and immersive environments.
8. Biden-Harris Administration Unveils AI Actions
Publisher: White House – Briefing Room
Published: 1/29/2024
President Biden’s Executive Order on AI has prompted federal agencies to take action to address safety and security risks, innovate in AI, and promote AI talent and education.
TAKEAWAYS
1️⃣ Biden administration takes action on AI risks and innovation.
2️⃣ Companies must report AI safety test results and computing clusters.
3️⃣ Risk assessments for AI’s use in critical infrastructure completed.
4️⃣ National AI Research Resource pilot launched for innovation and access.
5️⃣ Initiatives to hire AI professionals and promote AI education implemented.
9. Elon Musk Tests Life-Size Robot Optimus Amid Criticism to Destroy
Publisher: New York Post
Published: 1/31/2023
Elon Musk tests Tesla’s humanoid robot Optimus, but critics express concerns and jokingly compare its movements to President Biden.
TAKEAWAYS
1️⃣ Elon Musk tests life-size Tesla robot, faces backlash from critics.
2️⃣ Optimus robot shown walking in a 15-second video.
3️⃣ Robot designed to perform unsafe and repetitive tasks.
4️⃣ Some express concerns and urge to “kill it with fire.”
5️⃣ Humorous comparisons made to President Biden’s walking.
10. Mastercard Launches Generative AI Model to Boost Fraud Detection by 300%
Publisher: CNBC
Published: 2/1/2024
Mastercard has developed a generative AI model that can enhance fraud detection by up to 300% for financial institutions.
TAKEAWAYS
1️⃣ Mastercard launches generative AI model to boost fraud detection by up to 300%.
2️⃣ Algorithm uses cardholder behavior to determine if a transaction is legitimate.
3️⃣ The AI model predicts fraud patterns and trends for future prevention.
4️⃣ Mastercard’s technology aims to save banks up to 20% in assessing fraud.
5️⃣ Mastercard has invested over $7 billion in cybersecurity and AI technologies.
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