Welcome back, my friends.

Have some coffee — it’s Wednesday. Time for the latest news, tutorials, tools, and developments in AI.

🔍 Perplexity AI’s Series B1: Unicorn Status

The Bytes:

✣ Perplexity AI, achieves unicorn status with a $62.7 million Series B1 funding, soaring to a $1 billion valuation.

✣ The funding round, led by Daniel Gross, includes investments from Jeff Bezos and new giants like Stanley Druckenmiller, Garry Tan, and Dylan Field.

✣ Existing supporters like Nvidia Corp., Elad Gil, Nat Friedman, and others reaffirm their confidence in Perplexity AI’s innovative vision and technology.

✣ Perplexity AI also launched Enterprise Pro, a service tier for businesses with enhanced data protection and query management, priced at $40 per month.

✣ Strategic partnerships with global telecom giants like SoftBank Corp. and Deutsche Telekom are set to expand Perplexity AI’s reach worldwide.

Why you should care: Perplexity AI’s Series B1 funding and unicorn status heralds a new chapter in the AI search domain. Their conversational AI platform challenges traditional search engines, offering a more natural and enriched user experience. This is a significant stride towards a future where AI-driven search engines understand and interact with us as intuitively as a human would. I love Perplexity, and I’m rooting for them to win.

🌐 Prime Intellect’s Master Plan: Pioneering Decentralized AI

The Bytes:

✣ Prime Intellect secures $5.5M in seed funding: A significant step for the startup aiming to decentralize the AI ecosystem and make computing power and intelligence more accessible.

✣ Addressing cost and flexibility: The platform is poised to tackle the prohibitive computational costs and rigid contracts that have been hindering AI progress.

✣ Scalable, distributed compute marketplace: Prime Intellect’s vision includes a marketplace that promises to make AI training accessible and affordable on a global scale.

✣ The PI protocol: It’s designed to encourage contributions of compute resources, capital, and code, all while fostering continuous model improvement.

✣ Collective governance model: This approach allows for broader participation in the platform’s development, giving a voice to anyone interested in the future of AI.

Why you should care: Prime Intellect’s initiative could level the playing field for startups and researchers who have been constrained by the resources of larger tech companies. By promoting a decentralized AI platform, they aim to catalyze a collaborative environment for innovation in AI, potentially leading to a more diverse and rapid development in the field. Let’s see what they can do.

🕶️ Ray-Ban and Meta’s Smart Glasses: A Vision of AI-Enhanced Reality

The Bytes:

✣ Ray-Ban and Meta unveiled the latest in smart eyewear this fall, and finally now they have multimodal AI capabilities.

✣ The glasses feature Meta AI, a conversational assistant that responds to voice prompts, making digital interaction seamless and hands-free.

✣ The ultra-wide 12-megapixel cameras capture high-quality images and videos, directly shareable via voice commands.

✣ Livestreaming capabilities allow wearers to share their viewpoints in real time, with community comments integrated into the visual experience.

Why you should care: The Ray-Ban Meta smart glasses are not just a fashion statement but a portal to an AI-augmented world. I’m convinced glasses are the superior form factor for an AI assistant, and this is a pretty cool first look into that future. Whether you’re making calls, capturing moments, or streaming live, these glasses offer a glimpse into a future where technology is an unobtrusive part of our daily lives. With Meta’s AI prowess and Ray-Ban’s iconic design, I might have to cop a pair. What do you think?

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Stay curious, my friends. Love you all. Have a great day!✌🏼

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