Elon’s $500M Purchase

Big Tech Layoffs: What's Next for Your Career?

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🗞️ News

Elon’s $500M purchase

Elon Musk said Tesla will spend over $500 million on Nvidia chips this year to power its AI systems. He also said Tesla plans to buy chips from AMD, which provides an alternative to Nvidia's chips for AI workloads.

Tesla's goal is to build a powerful in-house supercomputer called Project Dojo to handle massive amounts of data from Tesla.

→ More details about Tesla’s supercomputer

AI in PayPal

PayPal will launch new AI features, such as a cashback feature called “CashPass” that will use AI to analyze user spending and offer personalized cashback deals. Also, “Smart Receipts” to suggest purchases to users based on their purchase history.

Additionally, PayPal is developing an advanced offers platform for merchants that will utilize AI to charge merchants only for successful promotions.

→ More details about the AI features

AI finds lost stuff

Boomerang, A startup that uses AI to match photos and descriptions of lost items to return people their belongings. Boomerang's system allows venues like gyms and theme parks to upload lost item details, and consumers can do the same to search for missing items.

The AI aims to streamline the process and get people their lost possessions back more quickly than traditional lost and found methods.

→ More details about the startup and their AI

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📚 Resources

Business plan templates: How to write & examples (link)

How to write better generative AI prompts for business (link)

CEO says these 3 AI tools can make you more efficient at work (link)

How to use ChatGPT to build Business Ideas, Sites & Personal Projects (link)

Danfoss and Google enter into a strategic partnership on AI and energy efficiency (link)

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