Amazon Joins The $2T Club

PLUS: YouTube’s Negotiations, Figma’s AI Tools

Leader, welcome back. Today’s updates:

  • AI breakthroughs every week*- Matt and Nathan cover some of AI’s biggest breakthroughs and give you the insights you need to bring AI into your workflow

  • Amazon joins the $2T club, driven by AI tech rally and record profits (More)

  • YouTube negotiates with major record labels to license music for AI tools (More)

  • Figma unveils major updates including generative AI tools and Figma Slides (More)

  • Tools to increase your productivity

  • Resources to help you learn and much more…

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Every Tuesday, Matt and Nathan cover some of AI’s biggest breakthroughs and give you the insights you need to bring AI into your workflow. In the latest episode, hear from Mariya Sha, YouTuber and coder, as she shares her thoughts on the future of coders.

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BEST LINKS

Productivity Tools

Growth School* - Learn the 25 most insane AI tools on the internet in this 3 hour AI & ChatGPT Masterclass for free. Register here ($0 for first 100 people)

TxLabz* - Hire and manage vetted developers in 48 hrs. that cost 30% less than the US equivalents. Start for FREE

Dripify - The multifunctional LinkedIn automation tool designed to help your sales team improve LinkedIn prospecting and close more deals (link)

Silatus - An AI-powered tool for fast and accurate academic, product and market research (link)

Useful Resources

New free AI video generators compared (link)

7 principles for getting AI regulation right (link)

Inside the players and politics of the modern AI industry (link)

Helping nonexperts build advanced generative AI models (link)

The promise of generative AI for credit customer assistance (link)

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FUNDING & JOBS

💰 Funding

Caju AI raised $3M in seed funding to accelerate its growth and innovation in AI-driven customer engagement (link)

UnikonAI bags $2M to scale up its AI-powered social media platform (link)

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🐦 AI must-reads:

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PROMPT TUTORIAL

Ethical Considerations in AI Deployment

Discuss the ethical challenges and considerations that arise in the deployment of AI technologies across various sectors. Consider issues such as bias in algorithms, privacy concerns, transparency in decision-making processes, and the potential societal impacts of AI. Provide examples where ethical dilemmas have arisen and discuss possible frameworks or guidelines that can be implemented to ensure responsible and ethical AI deployment.

ETCETERA

HubSpot’s new AI podcast

8 cities that were nearly wiped off the face of the Earth

25 craziest scientific discoveries that will blow your mind

France-sized ice shelf moves suddenly once or twice daily

Powerful magnetic fields found near Milky Way's black hole

Why an energy company is building the world's biggest plane

These smart binoculars can identify thousands of stars and over a million landmarks

Building the first highway segment in the U.S. that can charge electric vehicles big and small as they drive

CLOSING UPDATES

Amazon is in the $2T club

Amazon's market capitalization reached $2 trillion for the first time ever, making it one of only a handful of companies worldwide valued at over $2 trillion.

This milestone was driven by a recent tech rally as well as Amazon's strong financial performance, including record profits in the first quarter of 2024.

YouTube’s negotiations

YouTube is in negotiations with major record labels like Universal Music Group, Sony Music Entertainment, and Warner Records to license their artists' music.

The goal is to use this licensed music to train new AI music tools that YouTube plans to launch later this year.

Figma’s AI tools

Figma is announcing several major updates to its design software, including a significant UI redesign, new generative AI tools, and a built-in slideshow feature called Figma Slides.

The new AI tools will allow users to quickly generate design concepts and prototypes by simply entering a text prompt.

That’s all.

Stay curious, leaders!

- Mr. Prompts

PS. If you missed yesterday’s issue, you can find it here.

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