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 Welcome, AI enthusiasts.

Despite the constant drama, leadership churn, and stiff competition, investors are still betting BIG on OpenAI as the golden goose of the AI boom.

With a $6.6B funding round at an eye-popping $157B valuation, the AI leader just got a record-breaking boost to fuel its reign at the industry's top. Let’s get into it…

In today’s issue:

• OpenAI secures record-breaking $6.6B in funding

• Google developing reasoning AI to rival OpenAI

• Turn YouTube videos into AI-powered podcasts

• 6 new AI tools & Tools on sale

• New AI Job Opportunities

• More AI & tech news

Read time: 4 minutes

OPENAI

💰 OpenAI secures record-breaking $6.6B in funding

The Rundown: OpenAI just closed a massive $6.6B funding round, valuing the company at an unprecedented $157B and solidifying its position as the most well-funded AI startup in the world.

The details:

• Thrive Capital led the round, which included participation from Microsoft, Nvidia, SoftBank, MGX, and others.

• OpenAI announced that it plans to use the funds to expand research, increase computing capacity, and develop new tools.

• OpenAI expects revenue increases to $25B by 2026 and $100B by 2029, according to investor documents.

• The company reportedly asked investors for exclusive arrangements, discouraging them from backing rivals like Anthropic and xAI.

• The move comes amid a corporate restructure to a for-profit entity, which, according to the NYT, will not happen until ‘sometime next year’.

Why it matters: The long-rumored funding round is finally official, and the numbers are staggering. Despite the drama, leadership churn, and heavy competition, the company’s giant’s sky-high valuation shows that investors still see OpenAI as the golden goose of the AI boom — regardless of the noise.

GOOGLE

🤔 Google developing reasoning AI to rival OpenAI

The Rundown: Google is reportedly making significant strides in developing AI models with advanced reasoning capabilities similar to OpenAI’s o1 system, intensifying the rivalry between the two AI giants.

The details:

• Multiple teams at Google are working on AI that can solve complex, multi-step problems, according to Bloomberg.

• The AI uses chain-of-thought prompting, a technique created by Google, to tackle complex math and programming problems by ‘thinking’ before responding.

• Google is taking a more cautious approach to its releases than OpenAI but has already debuted math-focused reasoning models like AlphaProof and AlphaGeometry 2.

• Microsoft also infused reasoning capabilities into its Copilot assistant this week, leveraging OpenAI’s o1 model.

Why it matters: Human-like reasoning and agentic capabilities are clearly the two major developments on every AI firm’s roadmap, and the release of o1 may have signaled a new phase in the LLM race. The question is — will OpenAI’s speed keep it a step ahead, or is the competition for top-tier models about to get a whole lot tougher?

AI TRAINING

🎧 Turn YouTube videos into AI-powered podcasts

The Rundown: NotebookLM's latest update allows users to transform lengthy YouTube videos into concise AI-generated podcasts, saving time and enhancing study efficiency.

Step-by-step:

1. Visit NotebookLM and create a new notebook.

2. Click on "Link" in the source selection area, choose "YouTube" and paste your desired YouTube video URL.

3. Select "Generate" in the Audio Overview section to create your AI podcast.

4. Interact with your podcast by playing it, asking questions via chat, or generating additional study materials.

Pro tip: Use the chat feature to ask specific questions about the content, turning your AI podcast into an interactive study session!

Prompt of today

Prompts:

A high school classroom with students sitting at desks, in the anime style. In the background, there is an open window, and outside, you can see trees and buildings. The sun shines through the windows, in the anime style, with a photo-realistic and hyper-detailed appearance. --ar 3:4

Tools showcase

• 🎥 Pika 1.5 - AI video update with longer clips, cinematic outputs and new Pikaffects

• ⏱️ Semblian 2.0 - Outsource your time-consuming tasks to AI

• 🧠 Hedy AI - Real-time insights in meetings and classes

• 🏠 Vox - An AI voice agent built for the mortgage industry

• 🔎 Tilores - Customer data search, unification, and retrieval for LLMs

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Tools on sale

• 🏷️46%Off AltText.ai: Automatically generate alt text for images to improve your website’s SEO and accessibility

• 🏷️92%Off Brilliant Directories: Launch, manage, and monetize your own membership website to dominate your market

• 🏷️78%Off Content Boom: Streamline your content creation process with this AI-powered WordPress plugin for SEO

• 🏷️83%Off Muraena: Find the perfect B2B leads out of 140 million profiles using AI search and advanced filters

• 🏷️59%Off Legitt AI: Use this AI platform to create, sign, track, and manage legally-binding contracts and proposals

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New AI Job Opportunities

• 👥 Waymo - HR Business Partner

• 🏢 UiPath - People Operations Specialist

• 📈 Meta - Growth Marketing Manager

• 🤝 Character AI - Head of Partnerships

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AI around the world

Free event: The Executive Guide to Building AI Apps. Learn how to build AI apps that have a bottom-line moving impact within your org. RSVP.*

Microsoft announced a $4.8B investment into AI and cloud infrastructure in Italy, with plans to expand its data center in the region to become one of Europe’s largest cloud hubs.

Character AI is reportedly shifting its focus away from building AI models in the wake of its $2.7B deal with Google and prioritizing its consumer chatbot service.

Elon Musk posted ‘OpenAI is evil’ on X in response to reports that the AI giant asked investors to avoid funding competing AI firms like Anthropic and Musk’s xAI.

Accenture announced a new partnership with NVIDIA to accelerate enterprise AI adoption, launching a business group and AI Refinery platform to scale agentic AI systems across industries.

The Cancer AI Alliance formed a $40M collaboration between major medical institutions and tech giants like Microsoft, AWS, Nvidia, and Deloitte to advance AI-driven cancer care.

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