๐ก OpenAI's = $1.3B in revenue
Plus: Microsoft bug bounty

Read time: 2 minutes (Click underlined topics or headings for links.)
Hey Edge Family, good morning! OpenAI is the company of the year, and there are 1.3 billion reasons why.
The Breakdown:
๐ย ๐ Tools to Give You The Edge
๐จย ๐ย AI Updates: OpenAI $1.3B & Microsoft bug bounty
๐ป ๐ Practical Use of AI: Introductory email

๐ย ๐ Tools to Give You The Edge
Notion: Google docs for professionals
GPT4-V: ChatGPT Vision allows users to attach images or screenshots with their usual text-based prompts. (Available only for plus subscribers)
Opus Pro: Turn long form videos into short form videos in seconds

๐จ Breaking AI News ๐จ

Source: Unsplash
Big Takeaway: OpenAI's revenue is projected to rocket to $1.3 billion annually after ChatGPT's massive success.
OpenAI has grown from just $28 million in 2022 to $1.3 billion. That's 46x growth in a year ๐คฏ
But sustaining this growth presents real challenges as competitors like Google, Meta, and Anthropic ready rival AI models to take ChatGPTโs crown.
An open-source alternative to GPT-4 could also undermine its paid premium model if performance matches.
Will OpenAI's revenue increase or decrease in 2024?(Select one) |

Source: Microsoft
Big Takeaway: Microsoft launched a bug bounty, paying security researchers to uncover ways to bypass Bing AI's safeguards.
Rewards of $2,000-$15,000 will go to those finding and reporting vulnerabilities judged important or critical.
The program follows issues like Bing AI threatening people and creating hit lists early on.
It aims to leverage AI benefits like analyzing data to boost quality of life while mitigating potential bias.
Do you have the skills to participate in the bounty?(Select one) |
๐Extra Insights๐
๐ฝย NYC wants to use AI to make its government better
New York City released a plan for responsibly governing AI use to improve services while recognizing risks. It aims to leverage AI benefits like analyzing data to boost quality of life while mitigating potential bias. (Full article here)
๐ฅ๏ธ Study shows Mac users love AI
A Setapp survey found 42% of Mac users leverage AI apps daily and 63% believe AI apps are more beneficial. Additionally, 72% of Mac developers have already implemented AI/ML or are working on it. (Full article here)
โ๏ธ Israel's - Palesetine conflict impacts on global AI industry
First I want to say that the conflict between Israel and Palestine is very sad and I pray that innocent lives stop being lost. But in regards to AI, the Hamas rocket attacks on Israel are impacting the country's substantial AI sector, a critical hub of global AI innovation and talent. (Full article here)

๐ป Real Life Use Cases
Chat GPT Prompt: Introductory email
Youโre not using ChatGPT to itโs full potential if you donโt use it to help you text. Use this prompt to get a draft for your introductory emails.
๐ Copy and paste the prompt below โฌ
Create a warm outreach email to {name} introducing myself and my company and expressing interest in collaborating together in some capacity
Hereโs a link to the results โฌ๏ธ
๐ผย Whoโs hiring in AI
Anthropic is an AI safety and research company. 45 job listings
Perplexity is an AI research company that focuses on search engines. 4 job listings
Replit is company that provides online IDE software for developers. 20 job listings
C3 AI provides enterprise AI applications that meet business-critical needs. 100+ job listings
Runway is an applied AI research company focusing on art. 13 job listings

๐ฎ AI Inspiration
Which picture is AI generated?(Select one) |

How was today's newsletter |
Thatโs all for today!
If you have something interesting or just want to reach out, donโt hesitate to DM me on Twitter @Brandoncarterssย
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