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- 🤖 AI Startups Are All The Rage
What's up? You're reading Inclined AI. Set the Pomodoro timer and kick up the Lo-Fi beats; it’s time to start your day
Here's what is on tap today:
Take a look at recent AI investing trends
Google announces a big partnership with Replit
See if ChatGPT handles white lies well
Microsoft launches Security Copilot
VC FUNDS ARE HELPING SPUR AI DEVELOPMENT
In 2018, venture capitalists invested a little over $408 million into generative AI startups. That’s not a lot, especially compared to the $4.5 billion in 2022.
The desire for AI innovations (and profits) creates a swell of interest from the private markets. A swell that is forming into a tidal wave of seed rounds and blank checks.
But why? And should you even care?
Well, VC's interest in AI is a good thing. Venture investors support lofty tech goals, and that’s what AI is at its core. What’s more, it takes a lot of dough to train an AI model.
Think of this moment in AI like a campfire. We’ve got a good thing going, but wood (that’s academic research) and a spark (breakthrus) won’t sustain anything.
You need oxygen.
Capital is the oxygen turning this smolder into a huge bonfire. Interest in AI tools will not decrease until profits and revenue hit a wall.
Prompt: robots nestled by a campfire Style: Norman Rockwell
The fact of the matter is this market is growing every day, and tons of opportunities are presenting themselves to new companies.
Here’s the splash of cold water. Are you ready? The giants in tech are winning out more than ever.
New AI founders need to think critically about what they build. Otherwise, Google, Amazon, Microsoft, or Meta will quickly swipe the concept and push it out with their models.
The window for new ideas is narrow, but we can work with that.
Think about all the funding announcements you see in our Quick Nuggets section or the new tools in our Fresh Products list; that list isn’t shrinking.
AI solutions are hitting us like an avalanche, and with that comes a compounding speed of adoption.
Let the fire roar, and let’s see how fast it grows.
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The book features insights like why most AI startups struggle with a moat and the truth behind “AI-powered” investing bots.
A BUSINESS DEAL MADE IN PROGRAMMER HEAVEN
Google and Replit have agreed to a partnership that allows Replit’s code-writing products to access Google’s AI models.
In other words, Github’s Copilot now has a serious enterprise competitor.
Replit wasn’t matching the enterprise deals Copilot was acquiring. However, you can see that Microsoft and GitHub did see the startup as a threat.
Google changes this and adds an ally in their battle for AI supremacy over Microsoft. Watching this constant back-and-forth is like seeing a vintage Boston Celtics versus LA Lakers game at the peak of that rivalry.
The deal bolsters Replit’s cloud computing so it can start playing at the big kid table more often and improve its AI infrastructure, too.
For Google, this also allows them to offer Ghostwriter to users and quickly expand their ability to match Microsoft and OpenAI’s pace in this market.
Remember, Bard refuses to help write code right now, but a partnership with Replit could quickly change that.
Regardless, these two titans throwing jabs are good for us. It creates more distribution which drives up AI adoption.
More exposure to AI means more ideas for new use cases, which keep the whole thing spinning.
Who will Google or Microsoft partner with next?
Quick Nuggets
🦅 The US Gov’t is getting ready for an AI antitrust showdown
🍝 WTF: Will Smith eating spaghetti is weird when ModelScope makes it
🙂 Wal-Mart wants to make shopping easier for customers by using AI
🤌 Clean audio is becoming the norm thanks to Krisp, but they’re not done yet
⛪️ The pope responds to questions about AI after a fake image of him went viral
🔒 Microsoft launches Security Copilot, a GPT-4 powered cybersecurity assistant
🦜 This VICE journalist wants everyone to stop spreading misinformation on AI
🚔 ChatGPT is helping people commit crimes, according to Europol
💾 Whoa: This coder is using ChatGPT on a 1984 IBM computer still running DOS
🤫 White Lies: Does ChatGPT understand them?
🧠 Create memories for ChatGPT using this plugin on GitHub
👮♂️ Police in the US have used Clearview AI over 1 million times for work
⚡️ The power in Silicon Valley lies with users’ data. ChatGPT proves that
🔥 Fresh Products
Genmo - go from text-to-film in minutes (link)
GEPPETTO - helps make cinematic scenes for games and films (link)
UNCODE-IT - craft a simple explanation of any code (link)
60secsite - create a landing page with ease (link)
Superus - helps visualize your mental map of concepts (link)
Wavel - provides human-like voiceover work (link)
StealthGPT - use AI but write like a human (link)
MagicBrief - a faster way to make social ads (link)
Lindy - helps with your calendar and emails (link)
Prospre - makes meal plans that fit you (link)
Brainfish - answers every question your customer asks (link)
Perplexity - a mobile resource for information and questions (link)
Good Content, Spider-Thief
Maybe J. Jonah Jameson was right. That Spider-Man is quite the menace.
That’s it for today. I hope you enjoyed the latest edition of inclined.ai - Davis.
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