Dear industry leader, here’s your 3-minute recap (without the fluff):

  • OpenAI is partnering with TSMC to challenge Nvidia's dominance

  • Eleven Labs became a billion-dollar company

  • Leaked EU AI Act draft gives a lifeline to open-source developers

  • New tools, funding updates & job postings

Substrata is your invisible confidant in the high-stakes, ego-driven realms of B2B dealmaking, B2B sales, strategic partnerships, and capital raising.

This socially-aware AI is trained to understand the social "dance" between buyers and sellers, helping you navigate the intricate maze of office politics, corporate hierarchies, attitudes, biases, and emotions.

πŸ—žοΈ News

OpenAI & UAE

Sam Altman is in talks with investors in the United Arab Emirates to help fund a new venture to develop AI.

He wants to challenge Nvidia's dominance in AI chips by partnering with TSMC, the world's largest chipmaker, to produce custom chips designed for training large AI models.

AI unicorn

ElevenLabs has reached unicorn status after raising $80 million in a Series B funding round led by venture capital firm Andreessen Horowitz.

ElevenLabs is now worth $1.1 billion. Reaching a valuation of over $1 billion means ElevenLabs can now call themselves a "unicorn" company.

Leaked AI act

The leaked draft of the EU AI Act contains good news for open-source AI in Europe. Developers providing AI tools, services or components under a free and open-source license get a pass on some of the usual checks.

This should promote the development of trustworthy AI systems in the EU by facilitating information exchange

πŸ› οΈ Tools

Fathom - A free AI Meeting Assistant that records, transcribes, highlights, and summarizes video calls, boosting productivity and eliminating the need for manual note-taking. (link)

Cape Privacy - A Conversational AI platform, featuring CapeChat for intuitive use of LLMs and CapeAPI for seamless data integration and redaction. (link)

Murf - An AI voice generator tool with 120+ voices in 20+ languages and produces personalized voiceovers for videos. (link)

Rask AI - A tool that allows companies to translate their videos into 130+ languages. (link)

πŸ“š Resources

Innovation and AI center stage at World Economic Forum (link)

Skill up for tomorrow: AI impact on employment, Davos 2024 (link)

How AI is adding faster funding and efficiency to small-business lending (link)

AI means kids should learn judgement, not code, says Centerview founder (link)

Bill Gates floats 'global government' during discussion of AI regulation with Sam Altman (link)

P.S. You can still get The Ultimate ChatGPT Toolkit (no email opt-in).

πŸ’° Funding

GolfForever secures $10 million in Series A funding for AI-powered home trainer (link)

AI data marketplace Ta-da secures $3.5M to fuel growth and revolutionize data acquisition (link)

πŸ’Ό Job Board

Product Marketing Lead at Meta (US)

Senior Sales Engineer at OctoAI (Remote)

Senior Machine Learning Engineer at Airbnb (US)

πŸ€– Prompt Tutorial

10 Powerful Ad Swipes

Analyze [product] that does [use case]. Give me 10 variations of Google ad copy to promote [product].

Product = [Insert here]

Use case = [Insert here]

That’s all.

Stay curious, leaders!

- Mr. Prompts

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

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