#47 Paul McCartney embraces AI for Beatles' swan song
AND: The hottest smash bros you've ever seen
Most #1 albums on the UK Charts (15)
Most #1 hits on the US Billboard Hot 100 (20)
Most singles sold in the UK (21.9M)
Who’re we talking about? You guessed it; The Beatles. With over 600 million record sales, they are among history's best-selling artists. But why are we mentioning them in an AI newsletter? Because Paul McCartney is using AI to create their swan song.
In today’s newsletter:
Top News: The Beatles’ swansong, AMD challenges Nvidia, and $113M for a 4-week-old company
TL;DR Rundown: AI workers becoming lonely, Adobe’s brand new re-color feature, the US is behind the EU in AI regulation
Tool of the day: Stress not, and verify your business idea
Mario Smash…Bros?: I’ll play
Top News 🔝
Three biggest stories if you’re in a rush
“Let it be,” said the Beatles back in 1970.
“Not quite yet,” said Paul McCartney in 2023.
McCartney, who along with Ringo Starr is one of the two remaining Beatles, just announced that he “finished up a demo record that John (Lennon) had been working on…using AI.”
The record is to be released later this year, showing “the good and the scary side” to AI, according to McCartney. Modern generative AI can create songs using the voices of deceased singers, such as songs of Lennon singing McCartney’s new material. It’s hardly a surprise then that artists and recording studios are toying with the same technology. As McCartney said, “we’ll just have to see where that leads.”
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Valued at $21.87B right now, and projected to be worth over $304B in 2030, the global AI chip market is one hot ticket.
And in case you hadn’t heard, Nvidia, the San Clara AI chip company, is top dog. With its line of high-powered GPUs, Nvidia is propelling the AI storm, and reaping the benefits - having recently achieved a $1T valuation. But don’t think for a second that other tech companies are sleeping on the chance to cash in on AI.
In particular, AMD has made exceptional advances in their hardware, announcing earlier this week that their new M1300x supports 192GB of memory, a whopping 1.6x on Nvidia’s latest chip, the H100. AMD stock price check, anyone?
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How much money had you made at four weeks old? After hospital bills, your new cot, buggy, and nappies, we’d say you were about $12k in the red. Not so for Mistral AI.
Based out of Paris, and co-founded by Google DeepMind and Meta alums, the 4-week-old startup just secured $113M in a seed funding round. Intending to compete against OpenAI to build, train and apply LLMs for generative AI, co-founders Mensch, Timothee Lacrois, and Guillaume Lample, aim to “make open source models using solely publically available data, to avoid legal issues that some others have faced over training data.”
Whereas OpenAI focuses largely on consumers (you and I), Mistral will singularly target enterprises, helping these large companies figure out what they need AI for, and how to achieve those goals.
TL;DR Rundown 🐂
Summary of note-worthy trending articles
Disfigured “AI hands” of the recent past are, well, a thing of the past, thanks to Meta’s new human-like AI image creation model. (link)
Helping humanity? Not so fast. Loneliness and insomnia are being linked to working with AI systems. (link)
Dickish-doctors are nothing new, but ChatGPT is helping improve bedside manner. (link)
Accenture, the consulting firm, pledges to invest $3B to expand its AI offerings. (link)
“It is the responsibility of AI companies to ensure their products do not facilitate violations of human rights.” (link)
Wanna try a different color? Easy - Adobe announces ‘generative recolor’ AI feature for Adobe Illustrator. (link)
Microsoft’s Satya Nadella is betting the house on AI. (link)
We know AI is dangerous - but the EU and US are at very different stages on AI regulation. And it’s a cause for concern. (link)
92% of programmers are using AI tools, according to GitHub survey. (link)
Google’s Bard launch in the EU gets delayed. Why? Because of privacy concerns. (link)
OpenAI introduces new generative text features while reducing pricing. (link)
Fan fiction writers are trolling AIs with Omegaverse stories. (link)
Itoka wants to license AI-generated music via the blockchain. (link)
Vectara lands $28.5M to supercharge enterprise search. (link)
Tool of the Day ⚒️
AI tools we’ve used, loved, and highly recommend
Today’s tool is venturusai.com.
What’s the hardest part of starting a new business?
You guessed it - getting the product offer right. Founders lose sleep torturing themselves wondering “Is this the right idea?”, “Will people want this product?”, “Am I wasting my time with this?”
Do away with those worries with venturusai.com. Tap into an extensive database using optimized prompts and get detailed feedback on your business idea, whether or not it’s got potential, and even step-by-step guides on how to make it work.
Super Mario Smash…Bros?
I’ll play - AI generated Maria and Luisa
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