(Total read time: 2.5 minutes)

Hey, it’s Bill your nerdy cousin.. bringing you the latest AI news like a robot with a brand new operating system - faster, smarter, and always ahead of the game!

🤓 Top Stories 🤓

☑️ Elon Musk Aims to Shake Up Chatbots with OpenAI Rival

☑️ AI chip startups to have a tough year

☑️ Snapchat launches an AI chatbot powered by OpenAI’s GPT technology

Elon Musk Aims To Shake Up Chatbots With OpenAI Rival

It seems like AI chatbots are the wave of the future and tech giants are not going to let us down. The latest news on this front comes from renowned entrepreneur Elon Musk, who is planning to launch a new research lab to develop an alternative to OpenAI's ChatGPT 😲

This would be in stark contrast to the already existing BING and Google's bard, which provide basic functionalities for AI-based chatbots.

Well, if you're a nerd like me, then you know that Elon Musk's new research lab is something to get excited about. With his background in engineering and knowledge of the tech industry, Musk could be just the person to develop an AI chatbot that surpasses anything we've seen before.🚀 

Read more here

AI Chip Startups To Have A Tough Year ☠

The AI chip startup market has been a hot area of investment from venture capitalists since 2018, with over $6 billion invested in the top 25 companies. However, it looks like this growth may be slowing as the industry faces significant hurdles.

The global chip shortage is causing an inventory crisis, meaning there aren't enough chips to meet demand. And with the global economic downturn and difficult monetary policy, funding for new startups is becoming increasingly hard to come by.

Well, it looks like AI chip startups might be facing some difficulties, but don't worry. They have a plan. They've turned to the same solution that has always worked in the past… printing money! 💲💲

It seems like a great time to start an AI chip startup; the market is hot, and VCs are investing. On the other hand, it's probably the worst time to start one.

There's a global chip shortage, economic downturn, and tough monetary policy. So what do you do if you're an entrepreneur? Well, you could always try your luck at a casino. Chances are higher than getting funding for your startup there😁

Explore here more

Snapchat Launches An AI Chatbot Powered By OpenAI’s GPT Technology 🚀

I'm so excited to tell you about the newest technology on Snapchat, My AI. This chatbot is powered by OpenAI's GPT technology which uses natural language processing to understand users and respond in a way that can provide personalized advice, inform you of current events, or even tell jokes.

It's like having your own virtual assistant who can answer all your questions with ease! So get ready for an entertaining conversation with My AI - it's sure to make your Snapchat experience more enjoyable

Plus, now I won’t die single.

Check it out here

Steal My Billion Dollar Idea 💡 

AI Content Writing: If you have some basic writing skills, you can start giving writing services to companies and make a lot of money by writing and polishing your write-ups with the AI tools available.

• Huge Market Size: Expected to Increase up to 412 Billion Dollars.

• Problem: A mix of both human and AI-generated content.

Tools of the Day ⛏️ 

• Tome AI – Enter prompts and let Tome handle story narratives or presentations.

• Fyle – A leading AI-based expense management app

• Youper – AI-powered emotional health assistant app. Have a conversation and take control of your emotional health.

• Replika – Your personalized AI bestfriend

• Mendable.ai - Revamp your documentation with a chat-based search.

Research 🔬

• A study has investigated the potential of artificial intelligence (AI) to address societal mega-trends.

• The study analyzed AI's proposed solutions in dealing with global challenges.

• AI can offer understandable insights into complex and cross-cutting issues of mega-trends.

A Quick Insight 💭

Freelance platforms like Upwork announced a new AI talent category in the last couple of weeks. This week, AI jobs on Upwork skyrocketed by over 1000%

The AI engineering market is currently valued at an impressive $8 billion and is projected to see an extraordinary compound annual growth rate (CAGR) of 35% between 2023 and 2032.

Meme Of The Day 😂

No one wants to take advice from a computer and wind up alone, so I would highly recommend taking advice from a human, tbh.