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  • 💡 Microsoft invests $1.5 billion in AI firm

💡 Microsoft invests $1.5 billion in AI firm

Plus: Amazon launches AI playlist generator

Read time: 2 minutes (Click underlined topics or headings for links.)

Hey Edge Family, good morning! Microsoft invests billions in yet another AI firm.

The Breakdown

🚨 Latest Developments 

Source: Business Standard

Big Takeaway: Microsoft announced a strategic investment of $1.5 billion in G42, an Abu Dhabi-based AI company, marking a significant move in the tech rivalry between the U.S. and China.

  • The investment strengthens Microsoft's presence in the Middle East, allowing G42 to use Microsoft Azure for AI services and supporting US efforts to limit Chinese access to sophisticated technologies.

  • This deal, which also involves Microsoft's Brad Smith joining G42's board, comes amid larger US concerns about IT businesses with Chinese ties.

  • This investment gives Microsoft’s vice chair and president, Brad Smith, a seat on G42’s board.

Source: TechCrunch

Big Takeaway: Amazon Music has introduced Maestro, an AI playlist generator currently in beta, which allows U.S. customers on iOS and Android to create playlists using spoken or written prompts.

  • Users can craft prompts that include sounds and emotions or choose from suggested prompts provided by Amazon. The AI then generates a playlist that aligns with the user's input. Similarly to Spotify’s AI playlists.

  • Maestro's initial release is limited to a small selection of Amazon Music's user base, including free users, Prime customers, and Unlimited subscribers, but only in the U.S.

  • The capability varies depending on the subscription level: Prime members and free users can only listen to 30-second previews before choosing to store them, whereas subscribers can listen to entire playlists instantly and save them.

🔎 Extra Insights 

OpenAI has introduced a new Batch API that offers up to 50% discount for asynchronous tasks like summarization, translation, and image classification processed in large batches. Users can submit up to 24 hours worth of API requests in a single JSONL file.

Meta is launching a new educational hub for its Quest virtual reality (VR) headsets later this year, aimed at streamlining the integration of VR technology into educational settings.

Baidu announced that its Chinese ChatGPT competitor ‘Ernie Bot’ AI chatbot has amassed over 200 million users in China, roughly doubling since December and gaining over 85,000 enterprise clients.

💎 3 Top AI Tools

Fynk: AI powered contract management software

IntelSwift: Customer service automation with AI

Galileo: Build and evaluate generative AI apps

💻 Real Life Use Cases

Chat GPT Prompt: Golden Circle Model

Use the Golden Circle Model developed by Simon Sinek to create a powerful brand image for your product or service.

Copy and paste the prompt below:
Utilize the Golden Circle Model to create a powerful brand for [product or service].
Here’s a link to the results:

💼 Who’s Hiring in AI

Job Title

Company

Salary Range

Location

Solutions Architect

Cohere

N/A

On-site

Engineering Manager

Anthropic

$405k-$485k

On-site

Account Executive

Hive

$70k-$150k

On-site

🎲 AI Game

Which Picture is AI Generated?

(Select one)

Login or Subscribe to participate in polls.

Credit: Travis Jon

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