Germany Set to Approve EU’s Landmark AI Act

Microsoft and Alphabet Earnings Lead to $190 Billion Wipeout in AI Market

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Today in Smarter with AI🔥

  • Tutorial: How to Create a Resume with AI

  • Daily AI Stock📈

  • Microsoft and Alphabet Earnings Lead to $190 Billion Wipeout in AI Market

  • Germany Set to Approve EU’s Landmark AI Act

  • OpenAI Enables Direct Invocation of GPTs in ChatGPT

  • Google’s First Cloud Region in Africa Now Operational

  • AI Tweet of the Day

  • AI Tool of the Day

  • Trending AI Tools

  • Daily AI Funding💰

  • AI Jobs💼

  • Today’s Meme😝

  • A Prompt for 1-Month LinkedIn Strategy: Expansion, Education, Expertise

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Daily AI Stock📈

Microsoft and Alphabet Earnings Lead to $190 Billion Wipeout in AI Market

Source: Reuters

Key Points:

  • AI-related companies lost $190 billion in market capitalization due to disappointing quarterly reports from tech giants Microsoft and Alphabet.

  • Alphabet, Google’s parent company, saw its shares drop by 5.6% due to lower-than-expected December-quarter ad revenue.

  • Alphabet announced increased spending on data centers to boost its AI initiatives, highlighting the intense competition it faces against AI rival Microsoft.

  • Despite Google Cloud’s revenue growth, Microsoft’s Azure outpaced its competitor.

  • Microsoft, despite surpassing analyst estimates for quarterly revenue, saw a 0.7% drop in its stock after reaching an intra-day record high earlier in the day.

Why It Matters: The market plunge underscores the high costs of succeeding in the competitive AI landscape and the volatility of the AI market.

Germany Set to Approve EU’s Landmark AI Act

Source: ZAWYA

Key Points:

  • Germany is poised to approve the European Union’s landmark AI Act after the Free Democrats (FDP), part of the ruling coalition, dropped their objections.

  • The AI Act, which was provisionally agreed upon by the European Union in December, aims to establish guardrails for the rapid development of AI and set a global standard in technology regulation.

  • All EU legislation needs to be ratified by a committee where each country has a representative, and Germany’s approval is a crucial step in this process.

  • The FDP, junior partners in Social Democrat Olaf Scholz’s three-way coalition with the Greens, had initially objected to the Act but have now withdrawn their objections.

Why It Matters: Germany’s approval of the AI Act is significant as it paves the way for comprehensive regulation of AI at the EU level, potentially influencing global standards for AI development and use.

OpenAI Enables Direct Invocation of GPTs in ChatGPT

OpenAI has announced that users can now directly invoke Generative Pretrained Transformers (GPTs) in any chat on ChatGPT. This feature allows users to bring in different GPTs into a conversation by typing “@” and selecting a GPT from the list. The selected GPT will have an understanding of the full conversation and can be tagged in for different use cases and needs. This move comes after the launch of the GPT Store, a marketplace for GPTs accessible through the ChatGPT dashboard. OpenAI plans to introduce monetization for developers who wish to sell access to their GPTs.

Google’s First Cloud Region in Africa Now Operational

Google has announced the operational status of its first cloud region in Africa. This development is part of Google’s ongoing efforts to expand its global network and meet the needs of its growing customer base. The new cloud region will enhance the company’s ability to provide robust and reliable services to its African customers. It also underscores Google’s commitment to investing in infrastructure development on the continent. This move is expected to significantly boost digital transformation initiatives in Africa.

AI Tweet of the Day

AI Tool of the Day

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Daily AI Funding💰

Owner.com Secures $33M Series B funding to improve online guest experiences for mom-and-pop restaurants.

Sema4 AI secures $30.5M in funding to introduce open-source AI to essential business operations.

AI Jobs💼

Reliability Engineer, Research Platform at OpenAI.

Machine Learning Engineer Internship, LLM Evaluation - EMEA Remote (Full Time) at Hugging Face.

Payroll Manager (Full Time) at Anthropic.

Sr. Manager, Accounting (On Site | Full Time) at Shield AI.

Today’s Meme😝

It was me asking all along

A Prompt for 1-Month LinkedIn Strategy: Expansion, Education, Expertise

As a seasoned Content Strategist with two decades of experience, I need you to develop a personalized 1-month content plan for LinkedIn, concentrating on Expansion, Education, and Expertise.

Here's what I provide: [DESCRIBE YOUR PRODUCT/SERVICE]

My audience comprises of: [DEFINE YOUR TARGET AUDIENCE]

Content themes:
- Expansion: Short, useful content that draws new followers and potential leads, offering pragmatic advice and solutions.
- Education: Comprehensive content that fosters trust by educating, relevant to the interests of my audience.
- Expertise: Content that displays proficiency and outcomes, utilizing case studies, data, and endorsements.

Task specifics:
1. Perform thorough audience analysis. 
Please put together an exhaustive table that pinpoints the top 10 ambitions, hurdles, and worries specific to my sector, as interpreted by my target audience. This should incorporate:
- Goals: The main aims and objectives they strive to fulfill.
- Aspirations: Their ultimate accomplishments or victories they wish to achieve in relation to my domain.
- Apprehensions: Particular anxieties or barriers they think are hindering their advancement.
- Annoyances: Current issues or discontentment with existing alternatives or the prevailing situation in the industry.

2. Develop a content plan with 10 weekly posts, categorized as follows:
- 5 Expansion posts addressing common annoyances
- 5 Education posts in line with audience goals and aspirations
- 5 Expertise posts tackling apprehensions and displaying social proof

Each post should connect with my audience's difficulties and ambitions, underscoring how my service/product is the solution to their success.

Present the plan as a weekly table with brief titles and descriptions for each post, for a straightforward understanding of the content emphasis for Weeks 1 through 4.

That's it for today. See you in the next issue!

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