🤖 The age of AI-powered businesses
PLUS: Elon Musk reveals xAI to 'understand reality'
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Happy Thursday!
AI-powered businesses, using AI to understand reality, and AI-powered notes.
It’s been a busy day in AI.
In today’s AI rundown:
🛒 Shopify unveils its AI ‘Sidekick’
⚡️ Musk reveals xAI, rival to ChatGPT
📝 Google’s Tailwind now NotebookLM
🛠️ 5 New AI tools and 3 quick hits
Read time: 3 minutes
LATEST DEVELOPMENTS
SHOPIFY
Image source: Twitter, @tobi
The Rundown: Shopify CEO Tobi Lütke just revealed Shopify's AI vision and new commerce-specific AI digital assistant, Sidekick.
Key points:
Enhances productivity and optimizes workflows, facilitating more time for business growth rather than operational tasks
Understands and interprets questions or prompts, so users can generate new ideas in seconds
Ask clarifying questions or prompt Sidekick to shorten, rewrite, or give feedback
Lütke strongly believes that people building businesses have the most to gain from AI technology
No official release date has been shared
Why it matters: The age of AI-powered businesses is emerging, and Shopify is paving the way.
TOGETHER WITH INNOVATING WITH AI
The Rundown: A lack of coding skills shouldn’t stop you from launching your own products. All you need is the right tools and technology.
Innovating with AI created a free cheat sheet to help you speedrun the entire process.
You’ll learn the following:
Tools to launch AI-powered apps without code to quickly launch and validate ideas
How to use low-code AI to communicate flawlessly with software developers
How to connect existing business workflows to powerful AI models, without a single line of code
XAI
Image source: xAI
The Rundown: Elon Musk just announced the creation of his new AI company, xAI, to “understand the true nature of the universe.”
What we know:
The team has experience at DeepMind, OpenAI, Google Research, Microsoft Research, Tesla, and the University of Toronto
Advised by Dan Hendrycks, who serves as director of the Center for AI Safety
xAI is a separate company from X Corp, but will work closely with X (Twitter), Tesla, and other companies to make progress towards our mission
You can meet the team/ask questions on a Twitter spaces chat on Friday, July 14th @xAI
Why it matters: The launch of xAI contradicts Musk’s recent statements about pausing AI development to avoid "civilization destruction." Regardless, xAI has a roster of brilliant people, and we’ll be watching the development closely.
Image source: Google
The Rundown: Google's AI-backed note-taking tool, previously known as Project Tailwind, has been rebranded to NotebookLM and is launching to a select group of users in the US today.
Details:
Google is trying to give users their own personal AI, trained on their data and notes
Beginning in Google Docs, users can select multiple documents and ask questions or create new content through the app
Features include the automatic summarization of long documents and the conversion of video outlines into scripts
Citations are integrated. However, Google acknowledges that the model might currently produce incorrect results
NotebookLM is accessible via a waitlist on Google Labs
Why it matters: Google is pushing AI hard. The tool could potentially reshape the future of Google Drive, similar to how the Search Generative Experience feature could potentially change Google Search.
TRENDING TOOLS
💻 Sourcegraph Cody can find and fix code or write entire files at your command. Cody is the only AI coding assistant who knows your whole codebase*
🎙️ Spoke.ai summarizes Slack with a privacy-first approach
✍️ Afforai provides document interaction, summarization, and translation services with AI
⚡️ GPT Web App Generator generates your full-stack web app in an instant
💝 Presentations.ai creates presentation decks from nothing more than an idea
🔮 Supertools organizes 100’s of AI tools for you in one spot
QUICK HITS
Join over 150,000 other participants at the Mindvalley 2023 AI summit to discover real-world applications of AI from innovative CEOs and leading-edge AI experts on July 14th-16th.*
AIVF, a reproductive technology company in Tel Aviv, Israel, aims to enhance the probability of successful embryo selection using its AI-powered embryo evaluation software, EMA.
Resemble AI, a company specializing in creating realistic-sounding voice clones through generative AI, has secured $8 million in a Series A funding round, with Javelin Venture Partners leading the way.
SPONSOR US
🦾 Get your product in front of over 200k+ AI enthusiasts
Our newsletter is read by thousands of tech professionals, investors, engineers, managers, and business owners around the world. Learn more on The Rundown sponsorship page or get in touch today.
* This is sponsored content
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