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Thursday’s top story: Former OpenAI co-founder and chief scientist, Ilya Sutskever, has raised $1B for his AI safety start-up SSI.
💰 Ex-OpenAI founder raises $1B
🪴 How to grow faster on LinkedIn with AI
🎉 Microsoft celebrates!
💼 How to become an AI Consultant
🙌 How to manage stress better using ChatGPT
🐶 ChatGPT’s new voices
⚖️ Musk’s AI scandal ends
Read Time: 5 minutes
🔴 AI stocks failed to rebound from the large selloff on Tuesday. Telsa outperformed the broader market as NVIDIA, Apple, and Microsoft all had red days. US job openings fell, signaling a weaker job market and providing a hint that interest rate cuts will begin this month. Learn more.
Our Report: OpenAI’s co-founder and former Chief Scientist, Ilya Sutskever (who quit OpenAI over safety concerns), has raised $1B for his AI start-up—Safe Superintelligence (SSI)---which he co-founded in June to develop safe artificial general intelligence (AGI).
🔑 Key Points:
Investors include NFDG (a partnership between ex-GitHub CEO, Nat Friedman, and SSI co-founder Daniel Gross), Sequoia, and a16z, who’s against California’s AI safety bill (SB 1047).
SSI’s mission is to build safe AI systems—that can exceed human brain capabilities—become a checkpoint for AI systems, and serve as an “Underwriter Lab” that tests AI models for safety before they’re launched.
They plan to use the funds to acquire computing power and hire top researchers and engineers from California and Israel, even though there’s no product yet and it’s unlikely there’ll be one for a few years.
🤔 Why you should care: This level of funding in SSI highlights that investors are interested in start-ups that are developing safe AI, and Sutskever’s credentials, background, and reason for leaving OpenAI are attracting these venture capitalist firms.
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Our Report: After a “Phase 1” inquiry into the partnership between Microsoft and AI start-up, Inflection AI, in July, the UK Competition and Markets Authority (CMA) has confirmed that the deal is “unlikely to reduce competition in the consumer chatbot market,” marking a huge success for the tech firm.
🔑 Key Points
The CMA launched its inquiry after Microsoft hired Inflection AI’s co-founders, poached its staff, and agreed to a $650M licensing fee, raising concerns that the partnership was a merger, and could limit competition.
The CMA concluded that no investigation would be needed because Inflection wasn’t a big enough competitor to Microsoft’s existing AI tools, so the partnership couldn’t, therefore, “harm competitive dynamics.”
However, the CMA has confirmed that the $650M deal with the start-up “does qualify as a merger under UK law,” meaning similar deals will still be investigated, on competition grounds, even if it’s not a full acquisition.
🤔 Why you should care: Microsoft’s “quasi-merger” approach is a trend among big tech companies, because if they invest heavily in AI start-ups to advance their AI capabilities—rather than acquire them fully—they might avoid regulatory scrutiny, but these deals are triggering investigations from competition regulators, for example, the CMA has launched a probe into Amazon’s $4B deal and Google’s $2B ‘partnership’ with start-up, Anthropic.
The AI consulting market is about to grow by a factor of 8X – from $6.9B right now, to $54.7B in 2032.
But how does an AI enthusiast become an AI consultant? How well you answer that question makes the difference between just “having AI ideas” and being handsomely compensated for your contribution to an organization’s AI transformation.
Thankfully, you don’t have to go it alone – our friends at Innovating with AI just welcomed 200 new students into The AI Consultancy Project, their new program that trains you to build a business as an AI consultant.
Some of the highlights current students are excited about:
The tools and frameworks to find clients and deliver top-notch services
A 6-month plan to build a 6-figure AI consulting business
Students getting their first AI client in as little as 3 days
And as an AI Tool Report reader, you can get early access to the next enrollment cycle.
Type this prompt into ChatGPT:
Results: After typing this prompt, you will get strategies that will help you make better decisions that allow you to reach your goals and manage stress better.
P.S. Use the Prompt Engineer GPT by AI Tool report to 10x your prompts.
IBM faced a content creation bottleneck until they discovered Adobe Firefly. With this AI tool, they generated 200 assets in minutes, leading to 26 times more engagement and reaching 20% more key decision-makers.
"Adobe Firefly is enabling our teams to collaborate more effectively," says Ari Sheinkin, VP of Global Demand at IBM.
The result? Tenfold increase in creative productivity and innovative design solutions.
OpenAI has reportedly added eight new voices to ChatGPT-4o’s Advanced Voice Mode—adding to the existing four (Ember, Juniper, Cove, and Breeze)—which launched in July to a few ChatGPT Plus users.
The new voices—Fathom, Glimmer, Harp, Maple, Orbit, Rainbow, Reef, Ridge, and Vale—vary in gender and have different accents, with Fathom and Vale sounding British and Reef, Australian, for example.
The voices can also make realistic animal sounds—like a dog barking or a crow crowing, for example—although, reportedly, some just say the words “woof” and “caw”, while others actually imitate the sound.
Ireland’s Data Protection Council (DPC) has dropped its legal proceedings against Elon Musk’s social platform X, after accusing Musk of processing X user's data to train his AI chatbot, Grok, without permission.
When the DPC first launched its legal proceedings (in August), Musk lashed out, describing their movements as “deeply troubling” and accusing them of singling X out, “without any justification.”
But Musk swiftly backed down, and stopped processing X user's data for AI training, agreeing to continue to do so on “a permanent basis,” which explains why the DPC has now dropped the case.
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Until next time, Martin & Liam.
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