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Happy Friday, everyone! Hope you're staying cool in this scorching hell-like heat. The tech world is also a bit hellish —flooded with deepfakes, sky-high AI subscription prices, and "self-driving" cars that are not that autonomous. It’s hard to tell what’s real anymore, but we’re sharing what we’ve uncovered in this edition. Let us know your thoughts!

• 📰 AI News and Trends

• Self-Driving Cars are not That Autonomous or profitable.

• OpenAI Considers $2,000 Monthly Subscription.

• 🧰 AI Tools (Low Code - No Code II)

• YouTube to Release Tools to Identify DeepFakes.

📰 AI News and Trends

• Safe Superintelligence (SSI), newly co-founded by OpenAI's former chief scientist Ilya Sutskever, has raised $1 billion in cash to help develop safe artificial intelligence systems that far surpass human capabilities. The company is valued at $5B. (Reuters)

• Walmart's recent earnings report showed a 4.8% revenue growth, with a significant 21% increase in e-commerce. The company attributed this e-commerce boost to factors like improved deliveries but highlighted generative AI as a key contributor to the growth (RetailDrive)

• AI companies capture 35% of U.S. startup investment, +169% since 2022 (CB)

• Google DeepMind has unveiled AlphaProteo, a groundbreaking AI model designed to create proteins that bind effectively to target proteins, potentially revolutionizing drug development and disease research (DeepMind)

• The first reviews of ChatGPT’s Google Search rival are here, and they’re a mixed bag (AA)

• OpenAI investor Hoffman says Musk’s new AI chip cluster is table stakes (TheInformation)

🌐 Other Tech news

• A music producer was arrested and charged with multiple felonies for scamming more than $10 million in royalties using thousands of AI-generated songs and bots to stream them (Variety)

• Canva says its AI features are worth the 300% price increase. It is massively jacking up subscription prices for some users (TheVerge)

• Russia’s Most Notorious Special Forces Unit Now Has Its Own Cyber Warfare Team (Wired)

• Congress to Hold Hearing on CrowdStrike Outage, Impacting 8.5 Million Devices (Axios)

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Self-Driving Cars are not That Autonomous or profitable.

Self-driving cars, like those from Zoox and Waymo, are gaining traction, but they still rely heavily on human intervention. Companies such as Zoox have technicians stationed hundreds of miles away to assist when their autonomous vehicles encounter complex situations. Waymo, owned by Alphabet, is expanding rapidly and completing over 100,000 rides per week across cities like San Francisco, Phoenix, and Los Angeles. However, the question remains whether robot taxis can become profitable. Despite Alphabet's additional $5 billion investment, Waymo faces challenges with high costs, including the $100,000 price tag per vehicle, and the need for ongoing human assistance.

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OpenAI Considers $2,000 Monthly Subscription.

OpenAI is reportedly considering subscription prices as high as $2,000 per month for its upcoming large language models (LLMs), like Strawberry and Orion. These advanced models are expected to perform tasks beyond AI capabilities, including solving complex math problems and conducting deep research. The company, which currently offers ChatGPT Plus for $20 a month, is also exploring a simpler corporate structure to attract more investors, with plans to raise billions in a funding round that could value OpenAI at over $100 billion. Key potential investors include Apple, Nvidia, and Microsoft.

YouTube to Release Tools to Identify DeepFakes.

YouTube is developing tools to help creators and musicians detect AI-generated content that uses their likeness or voices without permission. One tool, launching in early 2025, will identify AI-generated singing within its Content ID system, allowing rights holders to manage such content. Another tool will help creators, including actors and athletes, detect AI-generated videos featuring their faces. These initiatives aim to combat the misuse of AI while giving creators more control over how their likeness and content are used on the platform. YouTube also emphasizes that AI should enhance, not replace, human creativity.

🧰 AI Tools

Low Code - No Code II.

• Brancher AI - Connect AI models to build AI apps in minutes, with no code.

• Bardeen AI - Breakthrough AI to automate manual workflows, save you time, and empower your creativity.

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