Google Gemini, Perplexity, Etched, and Alibaba Cloud Make Waves - AIMOJO Newsletter

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AI NEWS OF THE WEEK📰📰

1. SoftBank Vision Fund 2 Invests in AI Search Startup Perplexity 💹💹

SoftBank's Vision Fund 2 is set to invest $10-20 million in Perplexity AI, valuing the AI search startup at $3 billion. This investment, part of a larger $250 million funding round, highlights SoftBank's renewed focus on artificial intelligence. Perplexity AI, known for its innovative "answer engine" approach, aims to challenge Google's search dominance. The deal underscores the growing interest in AI-powered search technologies and SoftBank's strategic positioning in the evolving AI landscape.

2. Google Brings Gemini AI to Classrooms: Empowering Education 📚📚

Google is revolutionizing education with its latest AI integration, bringing Gemini to classrooms worldwide. The tech giant is introducing a suite of AI-powered tools for Google Workspace for Education, including Gemini for teen students, Google Vids for video creation, and Read Along for improving reading skills. These innovations aim to enhance learning experiences, boost creativity, and prepare students for an AI-driven future while prioritizing safety and responsible use. Google's commitment to AI in education marks a significant step towards personalized, engaging, and efficient learning environments.

3. Etched Raises $120M for AI Chip to Rival Nvidia’s Dominance 💾💾

Etched, a startup founded by Harvard dropouts, has secured $120 million in funding to develop Sohu, an AI chip challenging Nvidia's dominance. The specialized chip focuses on transformer models, promising faster and more cost-effective performance for AI applications. With backing from notable investors like Peter Thiel, Etched aims to revolutionize AI computing by offering a more efficient alternative to general-purpose GPUs. The company's bold strategy and innovative approach position it as a potential disruptor in the rapidly evolving AI chip market.

4. Alibaba Cloud Launches English ModelScope AI Hub ☁️☁️

Alibaba Cloud has launched an English version of ModelScope, its open-source AI model community, expanding access to over 5,000 advanced AI models globally. This move aims to democratize generative AI development, offering developers worldwide tools, datasets, and customization options. The platform, which has gained 5 million users in China since 2022, now provides international developers with resources for creating AI projects, including high-quality Chinese-language datasets and data processing toolkits. This expansion signifies Alibaba Cloud's commitment to fostering global AI innovation and collaboration.

5. Pocket FM Partners with ElevenLabs for AI-Driven Audio Series 🔉🔉

Pocket FM, a leading audio entertainment platform, has partnered with AI voice technology company ElevenLabs to launch AI Audio Series. This innovative feature allows writers to effortlessly convert their stories into high-quality audio content with just one click. The collaboration aims to revolutionize storytelling by making audio series creation more accessible and efficient. By leveraging ElevenLabs' Voice AI expertise, Pocket FM has significantly reduced production costs and time while maintaining engagement levels comparable to human-narrated content. This partnership is set to transform the audio entertainment landscape and empower writers worldwide.

AI VIDEO OF THE WEEK 🎞️🎞️

Toys"R"Us unveils groundbreaking brand film using OpenAI's Sora technology, showcasing founder Charles Lazarus's vision. The teaser hints at the magical origin story of the iconic toy retailer and its mascot, Geoffrey the Giraffe.

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MEME OF THE WEEK 😝😝

Signing off this newsletter 💻 tech savvy peeps! Stay connected and stay tuned for all the latest updates. Peace out! ✌📰