Coming up this week:

- Neuralink: Brain Chess
- Stability AI: CEO Resigns
- Tennessee: AI Music Law
- Databricks: Open Source Model Rivals GPT-4

And much more… Learn how these unfolding narratives are shaping The Business of AI.

FEATURED STORY 🔥

Paralyzed Patient Plays Chess with Neuralink Brain Chip

Noland Arbaugh, a 29-year-old paralyzed man, demonstrated the use of Neuralink's brain chip by playing chess online.

After a severe diving accident left him immobile, Arbaugh received the Neuralink implant in January, which enabled him to control a computer cursor with his thoughts. He described the surgery as simple and was discharged from the hospital the next day without cognitive issues.

The livestream showcased his regained ability to play games like Civilization VI for extended periods. However, Kip Ludwig, a neural engineering expert, noted that while the development is promising, it's not a breakthrough, emphasizing the early stage of the technology.

Despite recent FDA findings of recordkeeping issues at Neuralink, the patient's progress marks a hopeful beginning for the brain-computer interface technology.

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TRENDING STORIES 🔥 

Stability AI CEO Emad Mostaque Resigns

Emad Mostaque has resigned as CEO of Stability AI to focus on decentralized AI. Interim co-CEOs Wong and Laforte will lead during the search for a new CEO. This follows the departure of key researchers and comes amid a lawsuit over Stable Diffusion's training data.

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Tennessee Enacts First AI Music Protection Law

Tennessee Governor Bill Lee signed the ELVIS Act, safeguarding music professionals from unauthorized AI replication of their voices. Effective July 1, this pioneering law allows civil action against such misuse, reflecting the state's commitment to its artists' unique intellectual property rights.

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Databricks Unveils Powerful AI Model DBRX

Databricks' new AI model, DBRX, outperforms existing open-source models and rivals GPT-4. After investing $10 million and months of development, the team celebrated their success. DBRX will be open-sourced, promoting transparency and innovation in AI.

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AI Image Of The Week 📷️ 

MidJourney Prompt: [Jaguar with green eyes stalking prey]::7 [detailed vegetation and waterfall in amazon rainforest background, cinematic shoot, ultrareal, morning light]::3 --ar 16:9 --s 400

To generate these Animals of the Amazon in Midjourney, start with the Animal you want, a feature you would like, and an activity. E.g. Red-Bellied Piranha wide mouth hunting OR red Poison-dart-frog dilated pupils stalking prey.

Then, set the weights at the end of the square brackets. The base setting is 7 and 3. If you would like more emphasis on the animal increase the 7 value, for more emphasis on the background increase the 3.

Finally, set your –s value, to get a similar art style as these stunning images, I’ve had the best results around 400 to 600. I generally don’t change the words in the second lot of square brackets.

Some good keywords are Stalking, Hunting, Focused, Swimming, Spread Wings, Wide Eyes, Focused, Green Eyes, Showing Off, and Working. Ask ChatGPT for a list of Amazonian Animals to create a whole series!

Credit to Matthew Duffin

MidJourney Prompt: [Amazon river turtle wide eyes swimming underwater]::8 [detailed vegetation and waterfall in amazon rainforest background, cinematic shoot, ultrareal, morning light]::2 --ar 16:9 --s 500

EYE OPENING NEWS 🧠 

BBC Eyes AI Revenue from Archives

The BBC is negotiating with tech firms to sell its content for AI training. This move aims to boost revenue and develop its own AI tools for journalism. Amazon is a potential buyer, while the BBC plans to prevent unauthorized content scraping.

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USF to Launch AI-Focused College in 2025

The University of South Florida plans to open a pioneering college dedicated to AI, cybersecurity, and computing by Fall 2025, aiming to meet the soaring demand for AI expertise and position Tampa Bay as a leader in the field.

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Rabbit Integrates ElevenLabs Voice Tech

Rabbit's new r1 devices will feature ElevenLabs' voice command technology. Shipping starts next month, with initial English-only interaction. The tech aims for natural, human-like communication. Pre-orders are nearing 100,000 units.

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Voice-Controlled AI Computer Assistant

The "01 Light" is a portable device allowing voice command control over computers. It simplifies tasks like email and schedule checks. As an open-source project, it invites users to contribute to AI development. Pre-orders are available for tech enthusiasts.

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FT Launches AI Chatbot for Subscriber Queries

Financial Times introduces Ask FT, an AI chatbot providing answers from its archives. It's currently available to select professional subscribers and uses Anthropic's Claude model. The bot cites FT articles, but some responses may be inconsistent. It remains in beta for further testing and refinement.

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5 Tools to Boost Your Productivity

- Generate personalized visually stunning stories in just one minute. Dorosi
- Generate videos from simple text in one minute. Moonvalley
- Craft social media posts and art, in just seconds with AI. Questgen
- Generate high-quality, engaging content 10x faster. Vidiofy
- Chat, generate, and design without limits using Generative AI. Venturus AI

Want your tool featured here? Hit reply and tell us a little about it 😍 

FUNDRAISING 🤑 

Arc Browser Nets $50M in Funding

The Browser Company, creator of Arc, raised $50 million at a $550 million valuation. Total funds reached $128 million, aiming to innovate PC browsing. Pace Capital led the investment round.

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Amazon Invests $4B in AI Firm Anthropic

Amazon has completed a $4 billion investment in Anthropic, securing a minority stake. The AI company will utilize AWS as its primary cloud provider for developing advanced generative AI technologies.

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Borderless AI Raises $27M for HR Automation

Emerging from stealth, Borderless AI has secured $27 million in seed funding. The startup, co-founded by Sean Aggarwal, automates HR tasks with its AI agent, aiming to streamline international hiring and onboarding processes.

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Eliyan Secures $60M for AI Chip Tech

Eliyan raised $60 million to advance its chiplet interconnect technology, enhancing AI chip performance. Samsung and Tiger Global led the funding, supporting the company's growth in the high-demand AI semiconductor market.

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FundGuard Secures $100M in Series C

FundGuard, an AI-driven investment accounting platform, has raised $100 million in Series C funding. The total investment now exceeds $150 million, fueling product innovation and customer growth.

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