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OpenAI’s $80 Billion Valuation Marks a New Milestone in AI Industry

Microsoft to Boost Spain’s AI Landscape with $2.1 Billion Investment

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Today in Smarter with AI🔥

  • Tutorial: How to Transform Your YouTube Videos into Viral Shorts in Seconds

  • Daily AI Stock📈

  • OpenAI’s $80 Billion Valuation Marks a New Milestone in AI Industry

  • Microsoft to Boost Spain’s AI Landscape with $2.1 Billion Investment

  • Google Introduces Magika, an AI-Powered File Identification Tool

  • AI Tweet of the Day

  • AI Tool of the Day

  • Trending AI Tools

  • Daily AI Funding💰

  • AI Jobs💼

  • Today’s Meme😝

  • A Prompt Navigating the Moral Compass: Ethics in Corporate Decision-Making

eBook: How to minimize third-party risk with vendor management

A robust vendor management program isn’t just required by compliance frameworks like SOC 2 and ISO 27001. It’s also a critical part of a holistic trust management strategy.

Implementing a vendor management program, however, has become more complex and challenging with the proliferation of SaaS tools and shadow IT. And many overstretched security teams are being asked to do more with less.

To stay compliant and secure — and deepen trust with customers and partners — security teams need a way to proactively manage vendor risk.

This guide from Vanta, the leading trust management platform, brings together perspectives from the frontlines of vendor security management. Get insights and best practices from security and compliance leaders. 

How to Transform Your YouTube Videos into Viral Shorts in Seconds

Step 1: Access Klap
Step 2: Paste Your Video Link

Choose a video from YouTube that you want to create shorts. You can upload a video too. Copy the video link and paste in the box. Now, click on ‘Generate’.

Your video is generating.

Step 3: Result

Just wait a minute. Your shorts is ready.

Daily AI Stock📈

OpenAI’s $80 Billion Valuation Marks a New Milestone in AI Industry

Source: Wikipedia

Key Points:

  • OpenAI, financed by Microsoft, has signed a deal worth at least $80 billion.

  • The deal involves selling existing shares in a tender offer led by venture firm Thrive Capital.

  • This agreement allows employees to cash out their firm shares rather than participate in a regular funding round.

  • Venture capital firms Thrive Capital, Sequoia Capital, Andreessen Horowitz, and K2 Global have agreed to buy OpenAI shares in this tender offer.

  • OpenAI CEO Sam Altman is also reportedly in negotiations to secure financing for a semiconductor company to increase the world’s chip manufacturing capacity for new AI-related technologies.

Why it Matters: This valuation underscores the significant potential and influence of AI in the technology sector, and highlights OpenAI’s pivotal role in shaping the future of AI.

Microsoft to Boost Spain’s AI Landscape with $2.1 Billion Investment

Microsoft has announced a $2.1 billion investment over the next two years to expand its artificial intelligence (AI) and cloud infrastructure in Spain. This move follows Microsoft’s recent announcement of a 3.2 billion euros AI-focused investment in Germany.

The company’s Vice Chair and President, Brad Smith, shared the news on a social media site. Microsoft emphasizes that this investment is not just about building data centers, but a testament to their 37-year commitment to Spain’s security, development, and digital transformation.

The investment aims to boost the digital transformation of Spain’s government, businesses, and people.

Google Introduces Magika, an AI-Powered File Identification Tool

Google has launched Magika, an AI-powered tool designed to identify file types. The tool uses a highly optimized deep-learning model to accurately identify files in milliseconds, even on a CPU.

Magika is widely used internally at Google to route files from Gmail, Drive, and Safe Browsing to the appropriate security and content policy scanners. The tool outperforms rival solutions by about 20% in terms of performance, particularly on textual files like code and configuration files.

Magika improves file type detection accuracy by 50% compared to the previous system. The tool is now freely available on GitHub under the Apache2 License.

AI Tweet of the Day

AI Tool of the Day

Meet PostPerfect, an AI-powered social media post generation tool that revolutionizes the way you create content for your social media platforms.

Key Features:

  • PostPerfect uses advanced AI algorithms to generate engaging social media post suggestions based on user input.

  • The tool offers a range of post formats, including quotes, tips, and how-to catering to different content needs.

  • PostPerfect provides users with suggested hashtags related to the post topic, increasing its visibility on social media platforms.

  • By automating the post generation process, PostPerfect saves users time and allows them to focus on other priorities.

  • The tool prioritizes data privacy and security, encrypting data in transit and following reasonable data privacy and security practices.

  • PostPerfect offers an intuitive interface with customizable options and is regularly updated with new features and design options.

Whether you’re a marketer, a small business owner, a content creator, or just someone who values convenience and wants to streamline their social media content creation process, PostPerfect is the tool for you.

Trending AI Tools

Audio Writer records your spontaneous thoughts, and turns them into clear & coherent in writing.

Tradepost.ai is an AI-powered tool that offers in-depth financial analysis.

Innovating with AI is a free no-code toolkit turns mundane office tasks into AI-powered systems, no coding skills needed.

Leap helps to design, test, monitor, and deploy AI workflows to production in minutes.

Fixkey is an AI-powered writing assistant designed specifically for macOS.

Daily AI Funding💰

Bioptimus raises $35M seed round to develop AI foundational model focused on biology.

Techtaka raises $9.5M for its e-commerce fulfillment service.

Planity raises $48M because even hair salons need their own SaaS product.

AI Jobs💼

Technical Project Manager - Machine Learning (Full-Time | On-Site) at Sanctuary AI.

Gen AI Deep Learning Specialist at Amazon.

Machine Learning Engineer (Remote) at Medallion.

Today’s Meme😝

Most AI predictions

A Prompt Navigating the Moral Compass: Ethics in Corporate Decision-Making

Embark on an investigative journey to uncover the profound impact of ethical considerations in the realm of corporate decision-making. This exploration seeks to illuminate how ethical practices not only shape corporate culture but also influence its success and reputation in the broader market.

Your exploration will delve into:

A nuanced understanding of ethical frameworks and their application in the corporate world, highlighting the principles that guide moral corporate behavior and decision-making processes. Explain how these frameworks integrate with business strategies to foster trust, integrity, and sustainability.
Case studies of corporations that have prioritized ethical decision-making, detailing the strategies they employed, the ethical dilemmas they faced, and the outcomes of their choices. Analyze both the triumphs and the setbacks, providing a balanced view of ethics in action within the business context.
Strategic recommendations for embedding ethical considerations into the decision-making fabric of corporations, tailored to address specific challenges such as navigating shareholder pressures, managing competitive markets, or innovating within ethical boundaries.
Focus on the dynamic interplay between ethical decision-making and corporate performance, considering how technological advancements and global connectivity heighten the visibility and implications of corporate actions. Your goal is to craft a compelling narrative that not only educates but also inspires business leaders to integrate ethical considerations into the heart of their decision-making processes.

This guide should act as a catalyst for change, encouraging a shift towards more ethical business practices that can lead to sustainable success and a positive corporate legacy. Highlight the crucial role of ethics as the backbone of not just individual companies, but the entire business ecosystem, emphasizing that true success is measured not only in profit margins but in ethical achievements and the betterment of society.

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