AI Startup raised $130M to transform workflows with AI.

AI news
This week, we have some big AI Business news from xAI, YouTube, and OpenAI:

● YouTube Enhances an AI Feature to Remove Copyrighted Audio: YouTube's new update to the Erase Song feature allows creators to remove copyrighted music from their videos without muting entire sections of audio. This AI-powered tool helps creators avoid copyright strikes and retain ad revenue by isolating and eliminating only the copyrighted material. (Read article)

● Musk Drops Oracle to Build Massive GPU Cluster for Grok 3: Elon Musk's xAI is shifting from Oracle Cloud to build its own massive GPU cluster and supercomputer to train future AI models, including Grok 3. Unable to meet xAI's demand for 100,000 Nvidia GPUs, Oracle steps aside as xAI partners with Nvidia, Dell, and Supermicro to create the world's most powerful AI training infrastructure. (Read article)

● An AI Startup Scores $130M to Transform Enterprise Workflows with AI-Powered Insights: AI startup Hebbia has raised $130 million in series B funding from Google Ventures, Peter Thiel, and others to enhance its AI-powered business intelligence platform, Matrix. The platform, leveraging OpenAI’s models, aims to transform enterprise workflows by providing industry-specific insights and automating complex tasks. Hebbia has experienced significant revenue growth and serves major Fortune 100 companies. (Read article)

● Musk's xAI Set to Launch Grok 2 in August: Elon Musk's xAI startup is preparing to launch its second-generation AI model, Grok 2, in August, with Grok 3 expected by year-end. The upcoming models aim to surpass current AI capabilities, leveraging a vast cluster of Nvidia GPUs. xAI has faced challenges with data access but continues to innovate to compete with leading AI developers. (Read article)

● OpenAI Kept 2023 Hack Under Wraps, Exposing Confidential Tech Info: OpenAI failed to report a 2023 breach where hackers accessed confidential tech discussions from an internal forum. No customer data was taken, and the incident was not disclosed to law enforcement as it wasn't deemed a national security threat. Concerns were raised internally about cybersecurity, leading to leadership changes and enhanced security measures. (Read article)

AI resources
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AI tools
Top 5 AI tools for Marketing and content creation:

● Quillbot: An AI tool for rephrasing and generating multiple versions of content.

● DeepBrain AI Studios: User-friendly platform for creating AI-generated videos using customizable avatars.

● Acrolinx: Ensures your content aligns with brand guidelines, covering style, tone, and grammar.

● GrowthBar: Uses ChatGPT to automate content creation and provide insightful SEO suggestions.

● Yotpo: AI-driven platform for leveraging user-generated content to enhance customer engagement and loyalty.

That’s it for today, thanks for reading till the end. 😊 

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See you next week. 🧡