Ex-OpenAI CTO to Start AI Firm

Perplexity Aiming to Double Valuation

Author

Altiam Kabir
October 21, 2024

In partnership with

Welcome to another edition of AI PlanetX.

Former OpenAI CTO sets sights on new AI startup, Perplexity looks to boost valuation.

Inside This Edition: ðŸ’Ž

  • Hottest AI News

  • Top AI & SaaS Tools

  • AI Tutorial: Generate realistic sound effects from text

  • Top AI & Tech News

  • Interesting Uses of AI

  • Top AI Video Tutorial

  • AI Job List

  • Complimentary AI Course of the Day

Hottest AI News

OpenAI

Former OpenAI Executive Mira Murati to Fundraise for AI Startup

Former OpenAI executive Mira Murati is launching a new AI startup and seeking significant venture capital funding after her recent departure.

Details:

  • The startup aims to develop AI products based on proprietary models, with potential funding exceeding $100 million.

  • Former colleagues from OpenAI, including prominent researcher Barret Zoph, may join the venture.

  • This move follows recent governance changes at OpenAI and adds to the growing trend of former executives launching AI startups.

Mira Murati's experience with ChatGPT and DALL-E positions her new venture to impact AI development, shaping the future of innovation.

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Perplexity AI

Perplexity Seeks Funding to Surge Past $8 Billion Valuation

AI startup Perplexity aims to raise $500 million in its fourth funding round, potentially doubling its valuation to $8 billion, driven by strong investor interest in AI.

Details:

  • Perplexity's valuation rose from $520 million in January to $3 billion by summer, with revenue increasing from $10 million to $50 million.

  • Founded two years ago and backed by Jeff Bezos, the company merges search and AI chatbot features, handling 15 million queries daily.

  • Despite rapid growth, Perplexity faces challenges, including criticism from publishers and a cease-and-desist from The New York Times.

This funding round will test investor appetite for AI startups after OpenAI's $6.6 billion raise and showcase Perplexity's potential in the AI search market.

Top AI & SaaS Tools

  • GoZen HyperReach (Life-time Deal): Identify anonymous site visitors, find their emails on LinkedIn, and automate your email outreach

  • SagaLabs: AI translation tool for 200+ languages, 130% better than DeepL

  • AI Desk: AI customer service with real-time chat, multilingual support, and mobile optimization

  • MyLensAI: Transform webpages or YouTube videos into quick visual summaries with mindmaps, timelines, and tables

  • TimeSkip: Generate SEO-optimized timestamps for YouTube videos directly in the player

AI Tutorial

Create Realistic Sound Effects from Text with AI

ElevenLabs has introduced an innovative feature that transforms text descriptions into lifelike sound effects. Here’s how to begin:

  1. Visit ElevenLabs and sign up for an account at no cost.

  2. Find the "Sound Effects" tab in the left-hand menu.

  3. Type a short description of the sound effect you want to generate (e.g., "waves crashing against rocks").

  4. Adjust the settings, such as duration and prompt influence, to tailor your sound.

  5. Press the "Generate Sound Effects" button to create your personalized audio file.

Top AI & Tech News

  • IBM debuts open source Granite 3.0 LLMs for enterprise AI [Read More]

  • Midjourney plans to let anyone on the web edit images with AI [Read More]

  • Penguin Random House books now explicitly say ‘no’ to AI training [Read More]

  • Microsoft could end up with substantial equity in the restructured, for-profit OpenAI [Read More]

  • ChatGPT’s Canvas now shows tracked changes [Read More]

Interesting Uses of AI

AI Art Spotlight

Model: Midjourney

Prompt:

photography of a handsome asian teenager look through a fish tank, holds out his hand, golden fishes, dreamy, dramatic lighting, impact visual, minimalism, fuji film, white background --ar 9:16 --v 6.1

AI Prompt of the Day

Reddit Post Ideas

This prompt is about generating Reddit post ideas that encourage conversations and community interaction, while promoting the client’s brand or industry, aligning with their specific engagement goals.

Prompt:

Write [number] Reddit post ideas that engage our client's target audience and spark meaningful discussions around their brand or industry.

Context:

Target audience — [your target audience here]
Client's brand/industry — [your client's brand/industry here]
Reddit goals — [your Reddit goals here]

Inspiration:

"[Reddit post inspiration one]"
"[Reddit post inspiration two]"
"[Reddit post inspiration three]"

Formatting guidelines:

"[your formatting guidelines here]"

Top AI Video Tutorial

New Perplexity Spaces - Best AI Upgrade of 2024

AI Job List

Complimentary AI Course of the Day

Introduction to Generative AI

In this course, you will learn about the fundamentals of generative AI. You will explore the capabilities and applications of generative AI across different domains. You will explore the capabilities and features of common generative AI models and tools.