Reddit Is Licensing Data

PLUS: Nvidia’s AI Journey, WIndows' AI Eraser

Welcome humans, here’s your 3-minute recap (without the fluff):

  • Reddit earned $203M licensing user data to AI firms

  • Nvidia's AI focus fuels 265% revenue surge

  • Microsoft’s AI Eraser to remove unwanted objects

  • New tools, funding updates & job postings

  • Etcetera

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📚 Resources

American Honda IT to fuel innovation with generative AI (link)

Nvidia names Huawei a top competitor in major areas including AI chips (link)

With ‘Charlie,’ Pfizer is building a new gen AI platform for pharma marketing (link)

Where companies have adopted AI—and where they are planning to do so in the near future (link)

Could AI personas attend your work meetings for you? One tech CEO says yes - and by the end of the year (link)

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

🗞️ News

Reddit is Licensing data

Reddit has made $203 million so far by licensing its user-generated data to AI companies to train their models. This includes a multi-year deal worth at least $66.4 million in 2024.

While the partner is not named, it is likely one of the large AI companies that are using massive datasets. OpenAI's CEO has ties to Reddit's board.

Nvidia’s AI journey

Nvidia reported that revenue for the last quarter surged 265% year-over-year to $22 billion. For the full year, revenue more than doubled to $60.9 billion. Nvidia's CEO credited this growth to AI reaching a "tipping point".

Nvidia's stock price up over 9% as the company's valuation rose further to make it one of the most valuable in the United States.

Microsoft’s AI eraser

Microsoft is introducing a new feature for the Photos app in Windows called Generative Erase that allows users to remove unwanted objects or people from photos using AI.

The feature will be available in Windows 10 and 11.

💰 Funding

Loora lands $12M Series A for generative AI English learning platform (link)

Novity Inc. secures $7.8M to revolutionize preventive maintenance with AI (link)

💼 Job Board

Digital Sales Coordinator at FOX Television (US)

Senior Machine Learning Engineer at ScienceIO (Remote)

🐦 Tweet Of The Day

🤖 Prompt Tutorial

From Customers to Creators

Suggest ways to incorporate user-generated content into [social media strategy]

Social Media Strategy = [Insert here]

💌 Etcetera

T-Rex had lips

Zoom vs Teams vs Meet, which is better?

Are zebras white with black stripes or Black with White Stripes?

Sir Jim Ratcliffe says Manchester United culture not set up for success

Do you know what heart failure is? (Hint: It’s probably not what you think)

How can alcohol brands ensure their marketing doesn't appeal to children?

Apple says not to put wet iPhones in uncooked rice. Here's what to do instead

Lionel Messi listens to Bad Bunny, Peso Pluma, and Grupo Frontera before games

Bank of America CEO Brian Moynihan explains why you’d better ‘get used to mortgage rates of six, seven percent’

That’s all.

Stay curious, leaders!

- Mr. Prompts

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

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