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Amazon's Billion-Dollar AI Bet, Sana's Big Move, and New AI Legislation Insights
Stefan
November 09, 2024
Hi there,
Another edition of the Daily AI Brief is ready for you! Today, we explore major investments in AI, legislative moves, new product launches, and more insights from the ever-evolving AI industry.
Let's dive into these stories right away:
Amazon is considering another multi-billion-dollar investment in Anthropic, contingent on the startup using Amazon-developed silicon on AWS. This deal could significantly boost Anthropic, currently valued at $40 billion and facing high 2024 expenditure forecasts. Read more
Sana raised $55 million, valuing the company at $500 million, and acquired CTRL to enhance its AI workflow automation capabilities. New agentic AI features have been launched to support custom AI agent creation without coding. Read more
YC leaders highlighted AI's transformative potential, urging individuals to engage with AI to capitalize on its opportunities. The discussion drew parallels to past tech revolutions, emphasizing the need for proactive adaptation. Read more
The Tony Blair Institute reports AI could displace up to 3 million jobs in the UK, but the long-term impact may be moderate. Job dynamism and new opportunities could mitigate job loss, with GDP potentially increasing by 6% by 2035. Read more
Invesco introduced ETFs targeting AI enablers, cybersecurity, and defense sectors. Using Kensho’s NLP benchmarks, the ETFs aim to give investors exposure to key technology firms. Read more
Microsoft is now bundling its Copilot Pro AI features with Microsoft 365 after users balked at the $20/month standalone fee. This pivot showcases the challenges tech companies face in pricing AI features. Read more
ASI Alliance's new proto-AGI, AIRIS, learns through Minecraft gameplay, showcasing adaptive, self-learning capabilities that push AI beyond rule-based systems. Read more
Aaru, an AI polling startup, defended its predictions for the 2024 US election, noting the narrow margin for error and advantages of AI-driven polling despite inaccuracy. Read more
Canada invests $2.4 billion to enhance AI adoption, focusing on overcoming cost, infrastructure, and skills barriers. This move seeks to position Canada as an AI leader despite cautious business adoption rates. Read more
OpenAI won a preliminary victory in a copyright lawsuit over its use of articles for training. A federal judge ruled the outlets failed to show sufficient harm but allowed room for an amended complaint. Read more
The Washington Post unveiled “Ask The Post AI,” a chatbot using its archives to answer reader questions. This step into generative AI follows a subscriber drop and aims to drive reader engagement. Read more
Datadog raised its revenue forecast, driven by high demand for its AI-powered cybersecurity tools, surpassing analyst expectations and reflecting AI's growing role in security. Read more
Amazon launched Bedrock Prompt Management to help developers build, version, and evaluate generative AI prompts efficiently across different models. Read more
Predikt, a financial forecasting platform using AI and macroeconomic indicators, raised €750,000 to expand its services and market presence. Read more
That's it for today. If you liked this edition of the Daily AI Brief, please consider sharing it with friends and coworkers!
Cheers,
Stefan