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I’m so glad you’re here.

• Saudi Arabia’s $100B AI fund could divest from China 

• Samsung to acquire AI ultrasound startup for $92.7M

• Bedrock Studio is Amazon’s effort to simplify AI app development

Let’s dive in 🤿

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🎧 AI: on the Screen

AI in Real Estate Lending: Insights from LendTech's CEO

I sat down with Katie Vander Ark, the CEO of LendTech to chat about her company and the use of AI in real estate lending. We discuss the human side of AI, being a founder in Los Angeles, and advice for aspiring founders.

✨ AI: IRL

Introducing LTK Match.AI

Did the Met Gala inspire you to shake up your closet or was that just me?!

LTK Match.AI leverages AI to intelligently match the right creators and brands for more effective, profitable influencer marketing using LTK's unique data advantages.

• LTK Match.AI is a AI-powered solution that matches creators and brands for influencer marketing campaigns.

• By analyzing LTK's vast proprietary data on creators, brands, products, and sales, the AI can accurately recommend optimal creator-brand pairings to drive maximum performance and return on ad spend.

• The AI helps brands discover more relevant creators to collaborate with, including lesser-known creators who may not have worked with brands before.

• During the beta, 53% of creators recommended got their first brand collaboration opportunity through LTK Match.AI.

• For creators, LTK Match.AI elevates their earning potential by recommending them for brand partnerships where they are likely to have the best outcomes based on audience fit.

If you’re not a creator, it’s a really cool way to find outfit inspo (in my opinion!)

💥 AI: Announcements

Microsoft’s MAI-1 LLM is meant to compete with Gemini and its own OpenAI

Microsoft is developing a new large language model called MAI-1 to compete with major LLMs from other tech giants like Google, Meta, Anthropic, and OpenAI (in which Microsoft has a stake).

• MAI-1 is a substantially larger model with around 500 billion parameters, compared to OpenAI's GPT-4 which has 1 trillion parameters.

• It may build on technology and datasets from AI startup Inflection AI, whose former CEO is leading the MAI-1 development effort at Microsoft.

• The new LLM will face significant competition from other providers' models like Google's Gemini, Meta's Llama 3, Anthropic's Claude 3, and OpenAI's GPT-4.

• Training such a large model requires immense computing power, making MAI-1 more costly than Microsoft's previous smaller Phi models targeted at smaller businesses.

✨ Vibe Board

Here are some of my favorite things from this week:

🫶 AI: for Good

AI Empowering Gen Z: Superfy Raises $2.2M to Foster Authentic Connections

Superfy, an AI-powered social network for Gen Z that connects users through live chats for advice and recommendations, raised $2.2 million from angels like BetterHelp's Alon Matas

• Superfy, an AI-powered social networking platform catering to Gen Z, has raised $2.2 million in funding, bringing its total funding to $6.7 million.

• Superfy has launched a new feature called "Super Groups" that instantly connects multiple users to have real-time conversations on relevant subjects. This has significantly improved the app's overall performance and engagement.

• Superfy has over 500K registered users, mostly aged 18-21 across the US, UK, and Canada. Users spend an average of 40 minutes per day on the app, surpassing engagement levels of legacy apps like Snapchat, Instagram, and Twitter.

• Over 20 million messages are sent through the app monthly.

👀 Job Board

Here are some awesome open positions in the AI space that I would love to see one of our readers fill:

• Account Associate, ChatGPT Enterprise | OpenAI

  • salary: $160,000

• Director of Finance And Operations | Boson AI

  • salary: $300,00

• Business Development Artificial Intelligence and Machine Learning Solutions Architect | SAIC

  • salary: $225,000

• Enterprise Account Executive | Tecton

  • salary: $327,000

What is IYKYK? (If you know, you know) 💅

I'm Sarah Stoker, a curious soul passionate about weaving the magic of emerging tech into our daily lives. I'm all about demystifying AI, making it feel like a coffee chat topic rather than a textbook chapter. Imagine blending the spark of human creativity with the wonders of AI – that's the adventure I'm on. I’m researching avenues for art that amplify our creative quests, and learning alongside you.