🦙 Meta wants to rule AI + 💾 China is loading up on AI Hardware prior to global export bans.

Happy Friday 👋,

Today we share the top jobs on our Pallet among the 250+ openings we have. Also, China is loading up on AI hardware prior to export restrictions in order to remain competitive, and Meta wants to Rule everything AI and has released perhaps the most powerful language model we have seen. Additionally, tools of the day and the top trends and news of the past few days. Have a good weekend and feel free to comment and share our work!

• 💪🏽 Important AI News and Trends.

• 🧰 AI Tools of the Day (Meeting Assistants).

• 🦙 Introducing Code Llama, a state-of-the-art large language model for coding.

• 📈 Two Charts Reveal Why So Many Enterprises Are Rushing to Adopt Generative AI

• 💾 China loads up on AI Chips prior to world export curbs.

• 💼 Top jobs on our Pallet

• 💸 Money Talks

• 😂 Meme of the Day

💪🏽 Important AI News and Trends.

• Toward AGI — What is Missing?

• How Schools Can Survive (and Maybe Even Thrive) With A.I. This Fall.

• Nvidia Earnings Were a Big Deal. Just Not for the Reason Everyone Thinks.

• We are hurtling toward a glitchy, spammy, scammy, AI-powered internet.

• Wikipedia is doing fine in the age of A.I.

• AI Isn’t Good Enough by Irregular Ideas.

🌐 Web3 and Tech news.

• Tornado Cash founders charged with laundering more than $1 billion.

• Elon Musk shares about Cybertruck quality in a leaked Tesla email.

• Zoom CEO Says Employees Need to Be in the Office Because It's Hard to Build Trust Over Zoom.

• Shein Strikes Deal With Forever 21.

• San Francisco’s robotaxi experiment is getting out of hand.

🧰 AI Tools of the Day

Meeting Assistants.

• Otter.ai - A meeting assistant that records audio, writes notes, automatically captures slides, and generates summaries.

• Cogram - Cogram takes automatic notes in virtual meetings and identifies action items.

• Sybill - Sybill generates summaries of sales calls, including next steps, pain points, and areas of interest, by combining transcript and emotion-based insights.

• Loopin AI - Loopin is a collaborative meeting workspace that not only enables you to record, transcribe & summarize meetings using AI, but also enables you to auto-organise meeting notes on top of your calendar.

Do you want more tools to streamline your work and life? Download them below here.

🦙 Introducing Code Llama, a state-of-the-art large language model for coding.

Meta has open-sourced Code Llama, a large language model specialized for generating code based on natural language prompts. Benchmark tests show Code Llama outperforms other public code models like GitHub Copilot. Available in multiple sizes including 34B parameters, Code Llama supports popular coding languages and long context inputs over 100,000 tokens.

Meta also released Python and instruction-tuned versions. While risks exist, Code Llama showed safer response tendencies in red team testing. By open-sourcing, Meta hopes to enable innovation and community oversight of responsible AI coding tools. Early use cases include productivity, education, and augmenting developers, but many possibilities remain untapped.

📈 Two Charts Reveal Why So Many Enterprises Are Rushing to Adopt Generative AI

Surveys show extensive enthusiasm for generative AI among key enterprise stakeholders - 67% of board members and investors are urging adoption, 69% of CEOs see broad benefits, and about half of customers are demanding it.

With this rare alignment, generative AI is on a rapid path to business adoption despite risks around accuracy and security. The consensus cements generative AI as a top investment priority, fueling development. As long as stakeholder enthusiasm persists, startups and developers will likely find ample funding to build new applications, though they must prove concrete benefits and address risks to maintain momentum.

💾 China loads up on AI Chips prior to world export curbs.

Ahead of upcoming export restrictions by the US, Netherlands, and Japan, China has rapidly boosted imports of semiconductor manufacturing equipment, hitting back-to-back monthly records of nearly $5 billion in June and July. 

Chinese companies are stockpiling chipmaking tools, particularly from Netherlands-based ASML, to expand domestic production capacity and buffer against future supply chain disruptions. Though focused on less advanced chips not subject to controls, the import surge highlights China's push for self-sufficiency in semiconductors amid geopolitical tensions. With curbs looming, China aims to minimize disruption to its strategic goals for growing its AI industry.

📰 Publications I am currently reading and recommending:

• Money Fit Morning. - Get Money Fit in 4 Minutes. (Great for investors)

• Bullseye Trades's Partner Program. - Trading news and advice.

• Short Squeez's Partner Program - Professional Financial advice.

• Chew On This's Partner Program - How to Grow Your Brand.

💼 Top jobs on our Pallet

• IOS Software Engineer (Avg Pay: $123,800 - $167,400).

• Lead Application Architect.

• Site Reliability Engineer.

💸 Money Talks

• Hugging Face raises $235M from investors, including Salesforce and Nvidia.

• Modular secures $100M to build tools to optimize and create AI models.

• Ikigai lands $25M investment to bring generative AI to tabular data.

• Generative AI Revenue Will Reach $1.3T in 2032

😂 Meme of the Day