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- Canva Says AI Worth 300% Price Hike
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Welcome to another edition of AI PlanetX.
Canva raises prices 300% due to AI; Nvidia under antitrust scrutiny.
Inside This Edition: 💎
Hottest AI News
Top AI & SaaS Tools
AI Tutorial
Top AI & Tech News
Interesting Uses of AI
Top AI Video Tutorial
AI Job List
Complimentary AI Course of the Day
Hottest AI News
Canva
Canva Defends Massive Price Hike, Citing AI Features as Justification
Canva, the popular design software company, is significantly increasing subscription prices for some users, citing the added value of its new AI-powered features.
Details:
Some Canva Teams subscriptions are set to increase by over 300%, with prices jumping from $120 to $500 per year for up to five users in the US.
The company attributes the price hike to its "expanded product experience," including a suite of generative AI tools like Magic Media and Magic Expand.
This pricing strategy represents a notable departure from Canva's previous position as an affordable alternative to more expensive design software.
The dramatic price increase has sparked controversy among users, with some considering switching to competing platforms.
Nvidia
Nvidia Receives Subpoena as DOJ Ramps Up Antitrust Probe
The U.S. Department of Justice has intensified its antitrust probe into Nvidia, the leading provider of AI processors, by issuing subpoenas to the company and other industry players.
Details:
The DOJ is investigating whether Nvidia is making it difficult for customers to switch to other suppliers or penalizing buyers who don't exclusively use its AI chips.
Regulators are scrutinizing Nvidia's acquisition of RunAI and its potential impact on customer choice and competition.
Nvidia's market value and revenue have soared due to the AI boom, with projected revenue of $120.8 billion in 2024, up from $16 billion in 2020.
As Nvidia's influence expands, regulators are working to ensure fair competition and curb monopolistic practices in this rapidly evolving industry.
AI in Business
Intel Experiences 28% Stock Decline in August
Intel, once a titan in the semiconductor industry, faced a devastating blow in August as its stock plunged 28%.
Details:
Q2 earnings showed a 1% revenue drop to $12.8 billion and adjusted EPS at 0.02. Weak Q3 guidance forecasts an 8% revenue decline.
Intel is cutting its dividend and laying off 15% of its workforce, sparking worries about its stability. A key director's departure adds to concerns.
Intel is considering separating its manufacturing and chip design units. While this offers some hope, uncertainty remains high.
Intel's turmoil highlights the challenges established tech companies face in adapting to the surge in AI demand.
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Top AI & SaaS Tools
Taja (Life-time Deal): Enhance YouTube content with titles, SEO tags, transcriptions, engaging thumbnails, shorts, descriptions, and timestamps
gptengineer: Chat with AI to build for the web
Choppity: Find any part of any long video, turn it into a social clip
AI Image to Image Generator: Convert your images into AI art [No-cost]
Remind AI: Your personalized local AI that stores your digital activity [No-cost]
AI Tutorial
How to Enhance Low-Quality Footage in Minutes
Krea AI's free video upscaler is here to rescue your low-quality footage. This nifty tool can transform your fuzzy clips into crisp, clear videos in just a few clicks.
Step-by-step guide:
Visit the Krea AI website and create an account or log in.
Navigate to the "Enhancer" feature on the platform.
Select and upload your short video clip (maximum duration: 10 seconds).
Customize your enhancement by tweaking parameters like upscaling ratio, frame rate, and intensity. You can also add an optional text prompt if desired.
Hit the "Enhance" button and allow a few minutes for processing.
Review the results by comparing the enhanced version to your original video.
If satisfied, download your newly improved footage.
Top AI & Tech News
Volkswagen brings ChatGPT to its vehicles via voice assist [Read More]
Apple Event 2024: iPhone 16, Apple Intelligence and all the other expected ‘Glowtime’ reveals [Read More]
Spotter has launched Spotter Studio, an innovative AI-driven software tailored specifically for YouTube creators [Read More]
Google quietly launches Gemini AI integration in Chrome’s address bar [Read More]
Nvidia suffers record $279 billion loss in market value as Wall St drops [Read More]
Jacob Wohl is running an AI lobbying company under a pseudonym [Read More]
NaNoWriMo defends writing with AI and pisses off the whole internet [Read More]
Interesting Uses of AI
AI Art Spotlight
AI Model: Ideogram 2.0
Prompt:
A black and white photo of a young woman with outstretched hand. The woman is blurred, while the hand is in sharp focus. There is a hyper-realistic bullfinch bird with a bright orange breast and blue plumage in the palm of the hand. The background is blurred, adding to the atmosphere of uncertainty and intrigue.AI Prompt of the Day
Whitepaper and eBook Ideas
This prompt is about creating [number] whitepaper or eBook ideas that offer in-depth insights on a topic relevant to the client’s industry and help generate leads.
Prompt:
Create [number] whitepaper or eBook ideas that provide in-depth insights on a topic relevant to our client's industry and generate leads.
Context:
Target audience — [your target audience here]
Client's industry — [your client's industry here]
Whitepaper/eBook goals — [your whitepaper/eBook goals here]
Inspiration:
"[whitepaper/eBook inspiration one]"
"[whitepaper/eBook inspiration two]"
"[whitepaper/eBook inspiration three]"
Formatting guidelines:
"[your formatting guidelines here]"Top AI Video Tutorial
AI Tools You’ll Use Everyday (And How To Use Them)
AI Job List
Software Engineer, Intern @ Glean | Palo Alto, CA
Senior Product Manager @ Rad AI | US
Business Analyst @ Meesho | Hybrid | Bangalore, Karnataka
Complimentary AI Course of the Day
Build an AI/ML Football Analysis System with YOLO, OpenCV, and Python
In this video, you'll learn how to use machine learning, computer vision and deep learning to create a football analysis system. This project utilizes YOlO a state of the art object detector to detect the players, referees and footballs.
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