Grok will be 1 of 4 models to ‘power the Western world’

AI Boost for Artists: Exactly.ai Raises $4M to Scale Creativity

🤝 ChatGPT for marketing campaigns

👀 Quick Links

📊 Funding & New Arrivals

• Bessemer Venture Partners is in talks to lead a $250 million investment in Perplexity (The Information). The round would value Perplexity at $3 billion.

• Generative AI platform Maven AGI has raised $28 million in funding.

• Kintsugi AI, an AI platform to automate sales tax compliance, raised $6 million in Series A funding.

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*Gamma: A presentation app for the AI era

Microsoft PowerPoint, believe it or not, is 37-years-old. It was introduced in 1987, before the internet era really began, before social media entered onto the scene and long before ChatGPT was even a blip in the mind of Sam Altman (who was two years old at the time). 

Integration, integration, integration: PowerPoint didn’t start to get fancy new AI features until 2015 with Designer, which generated thematic design options for its users. Designer got a big upgrade in 2019, and more recently, Microsoft announced its AI-powered copilot tool (which is designed to integrate with Microsoft Office). 

• Google is similarly testing AI features with Slides as it strives to bring generative AI features to all of its services, from Search to Google’s entire suite of apps and products. 

A new approach for a new paradigm: Grant Lee, the CEO of Gamma, thinks the time is ripe for a new presentation app, not one that has AI integrations, but one that has AI built directly into the architecture.

• Lee likes to think of Gamma as your “AI design partner.” Someone with no design skills (and no coding ability) can give Gamma’s AI a few brief thoughts and can quickly unlock professional-looking, unique, highly customizable slides. 

• Users can also create mobile-friendly cards & can reinvigorate (or Gammify, if you will) existing documents and slides into more dynamic presentations. 

“It's almost like having a professional designer sit next to you,” Lee said, adding that, unlike the traditional competition, Gamma’s platform also works as an asynchronous content-sharing platform (thank you, The Cloud).

Gamma — which recently raised $12 million in Series A funding — is bent on disrupting and revitalizing the industry of business communication. 

You can join Gamma’s 18 million other users – for free – in dramatically upping your presentation game right now, right here. 

*Indicates sponsored content

Investment firm believes Grok will be 1 of 4 models to ‘power the Western world’

Deepwater also joined in on xAI’s $6 billion Series B round — Munster said in a blog post that Deepwater believes there will only be four “primary proprietary foundation models that will effectively power the Western World.” 

• In his view, these four will be: OpenAI (GPT), Google (Gemini), Meta (Llama) and xAI (Grok).

The reasoning behind this viewpoint comes down to “infrastructure, data and distribution.” But Munster believes that Grok’s access to real-time data through Twitter will give it an edge — both in the quality and quantity of data — over the competition. 

Well, that, plus the “Elon factor,” specifically, his “deep pockets,” which can fund the expensive venture that is generative AI. 

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AI Boost for Artists: Exactly.ai Raises $4M to Scale Creativity 🎉

Exactly.ai, a London-based startup, has raised $4.3 million in seed funding to help artists scale their output using generative AI. Founded in 2022 by Tonia Samsonova, the platform allows artists to train AI on their artwork, generating images in their style while retaining ownership.

The startup aims to empower artists to reproduce designs faster for clients like media outlets and ad agencies. Exactly.ai, which boasts 40,000 users, charges artists a subscription fee to enhance their income.

Speedinvest led the funding round, which included participation from InReach Ventures, Cornerstone VC, GuruDev Capital, and angel investors.

ChatGPT use case 🤝 

AI for Marketing Campaigns

How It Works:

This AI assists marketing professionals by generating campaign strategies, creating content, and analyzing campaign performance, thus optimizing marketing efforts.

Why Use It:

Tailored to enhance marketing initiatives, it offers tools for developing targeted campaigns, producing engaging content, and providing data-driven insights. Marketing teams can use AI to streamline the creative process, reach their audience effectively, and make informed decisions based on performance metrics.

Prompt Example:

"Create a marketing campaign strategy for launching [Product/Service Name] targeting [Audience Type] over the next [Campaign Duration]. Include key messaging, content ideas for [Social Media Platforms], and metrics for measuring success. Provide a summary report highlighting potential challenges and recommendations for maximizing reach and engagement."

Thank You For Reading!

See you next edition!

-The AI For Work Team
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