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βš‘πŸ”‹ Nvidia investors rubbing their hands while waiting for this week's earning report

And more: Google introduces real-time note taking software, AI is the new big assistant of the Personal injury law

Good morning, aspiring leader of the next generation! β˜€οΈ

πŸš€ Have you heard the latest AI news? Ready for today's tech whirlwind? Let's go!

Nvidia and California's AI bill have the industry puckered tighter than a programmer's budget jeans! πŸ’ΈπŸ˜°

Google Meet's got AI taking notes now. Finally, a way to prove you weren't actually napping during that 3-hour meeting! πŸ’€πŸ“

Elon Musk and Vitalik Buterin are teaming up on AI. It's like the Avengers, but with more cryptocurrencies and fewer capes! πŸ¦Έβ€β™‚οΈπŸ’°

Salesforce is flexing its AI muscles for the stock market. "Look ma, no hands... just algorithms!" πŸ“ˆπŸ€–

Apparently, AI was born at a summer camp 68 years ago. So that's why it's so good at making s'mores and telling ghost stories! πŸ•οΈπŸ‘»

Broadcom's pumping AI into the enterprise edge. Because what every office really needs is a sentient coffee machine! β˜•πŸ’»

So, what's your bet? Will we all be attending AI summer camps next year, or will the robots just take over our campfire sing-alongs? πŸ”₯πŸŽΈπŸ˜‚

Nvidia earnings and California’s landmark AI bill have the AI industry holding its breath

The AI industry faces two crucial events this week:

  1. Nvidia's Earnings Report:

    • Expected to show doubled quarterly sales

    • Concerns over potential Blackwell AI chip delays

    • Impact on stock market and wider AI sector

  2. California's AI Bill (SB 1047):

    • Aims to mitigate catastrophic risks from powerful AI models

    • Controversial among tech leaders and companies

    • Watered down from original proposal

    • Could become de facto national standard

Key points:

  • AI godfathers divided on bill support

  • Tech companies lobbied to weaken the bill

  • Elon Musk surprisingly supports it

  • OpenAI and other major tech firms oppose

  • Bill highlights industry's true stance on regulation

  • AI safety researchers leaving top companies

The outcomes of these events could significantly impact AI development, regulation, and market dynamics. The industry's response to potential regulation reveals tensions between innovation and safety concerns. Read more

Google Meet’s automatic AI note-taking is here

Google Meet has introduced an AI-powered note-taking feature called "take notes for me," which started rolling out to specific Google Workspace customers. This feature automatically creates a summary of meeting discussions, converting them into a Google Doc linked to the calendar event. Currently, it supports only spoken English and aims to enhance meeting productivity by allowing participants to focus more on discussions without the need to take notes manually. The rollout is expected to be complete by September 10th, 2024. Read more

Elon Musk Joins Vitalik Buterin in Crucial AI Development

Elon Musk and Vitalik Buterin have endorsed regulations for artificial intelligence, reflecting their concerns over the potential global risks posed by AI technologies. Musk supports California's proposed AI safety bill, SB 1047, which aims to make developers accountable by requiring thorough safety testing for AI models. This collaboration highlights the tech leaders' proactive stance on mitigating dangers associated with AI advancements. Read more

πŸ“”#1 Insights Today on AI. Click the Links to Read

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AI will be the greatest partner for human creativity.

Kai-Fu Lee

Kai-Fu Lee is a Taiwanese businessman, computer scientist, investor, and writer. He is currently based in Beijing, China

Clockwise, a smart scheduling and calendar tool, has launched Prism, an AI-powered assistant designed to revolutionize schedule management. Prism allows users to manage scheduling conflicts, create or clear events in bulk, and convert to-do lists into calendar blocks using simple text prompts.

The AI assistant can interpret typed instructions to create calendar events, suggest alternative time slots for conflicting meetings, and share availability links. Prism's advanced features include the ability to automatically reschedule conflicting events for urgent meetings by analyzing team members' schedules.

Prism also enables users to schedule tasks from to-do lists and move them if meetings arise. The system can handle bulk scheduling requests and execute commands like "Reschedule my afternoon" or "Clear my Monday morning" swiftly.

Clockwise CEO Matt Martin emphasizes that Prism is built on a custom scheduling engine developed over seven years, interfacing with natural language queries to determine conflicts and optimal timing. This advanced engine sets Prism apart from simpler AI calendar tools.

Currently offered free to all Clockwise customers, Prism aims to streamline scheduling for both individuals and teams. The company is working on deeper integration with Google Calendar and improved support for weekly schedules, positioning Clockwise as a formidable player in the competitive smart calendar market.

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πŸ›ΈLet’s Teleport in The Future

Supio: Bringing Generative AI to Personal Injury Law

Key Points:

  1. Startup Launch: Supio, an AI platform for personal injury law, emerged from stealth with a $25 million investment led by Sapphire Ventures.

  2. Technology:

    • Uses generative AI to automate bulk data collection and aggregation for legal teams.

    • Can summarize information, organize files, and identify relevant snippets for case preparation.

  3. Founders: Jerry Zhou (CEO) and Kyle Lam, former Microsoft and Avalara employees.

  4. Focus Area: Personal injury and mass tort plaintiff law, which requires analyzing thousands of documents from multiple sources.

  5. Functionality:

    • Generates demand letters and supporting documentation.

    • Provides a chatbot-type interface for evidence searching.

  6. Market Position:

    • Competes with other AI legal tech startups like EvenUp, Lawyaw, and Atrium.

    • Claims to have more complex technical approach with multiple AI models running simultaneously.

  7. Challenges:

    • Potential reluctance from law firms to grant access to sensitive case documents.

    • Concerns about AI's accuracy in legal work, given past incidents of AI-generated false citations.

  8. Current Status:

    • Working with about 30 personal injury and mass tort law firms.

    • Annual recurring revenue has surpassed $1 million.

    • 27 employees, with plans to double headcount in the next year.

  9. Funding:

    • Total of $33 million raised, including the recent $25 million Series A round.

    • Other investors include Bonfire Ventures and Foothill Ventures.

Industry Context:

  • 35% of law firms now use AI tools in their practice, according to a 2023 American Bar Association survey.

  • The legal tech market is predicted to reach $50 billion in value by 2027, driven by generative AI adoption.

Future Plans:

Supio aims to expand its customer base and eventually scale to address other law specialties.

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I hope you find these resources helpful.Let me know if you have any questions, if there's anything else I can do to assist you, or what you would like to learn more about in AI.

Have an amazing day!

No more playing catch-up. It's time to GET AHEAD!!! πŸš€πŸš€πŸš€

πŸ™ŒπŸΌ

Elena

βš‘οΈŽπŸ”‹ The Supercharged - loved by thousands of readers β€οΈπŸ™‹β€β™€οΈ

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