Your weekly briefing on all things AI

Money continues to pour into the AI companies that are making fantasy a reality. AI is currently, and will continue to unlock new levels of productivity to be wielded by anyone willing.

Highlights this week:

• Autonomous AI Software Engineer Debuts

• Over 2k Flying Cars Preordered from Alef

• This Smart Vehicle Software Company is Valued at $6B

• Medical Records Summarized in Seconds

• Email/Inbox Management Done For You

📰 AI in the News

Let’s Talk About Devin, the AI Software Engineer

Devin is the first fully autonomous AI software engineer, equipped with advanced long-term reasoning and planning abilities, capable of working alongside or independently from human engineers. Cognition, the team behind this technology, are well funded, including a $21 million Series A led by Founders Fund.

Capabilities: Devin can learn unfamiliar technologies, build and deploy apps end to end, autonomously find and fix bugs, train AI models, and contribute to open source repositories.

Performance Evaluation: Devin resolves 13.86% of issues on the SWE-bench benchmark, surpassing previous models even when they were given exact files to edit.

Interestingly, Devin’s debut is just a few weeks after Nvidia CEO confidently claimed that kids shouldn’t be overly focused on learning to program. His point was that technology will soon evolve past the world of language barriers between Human & Programming and that the world is in greater need of subject matter experts and problem solvers that will be able to leverage this technology optimally.

There will always be a need for human oversight, but with further advancements in the ability to bring ideas to life, the future of tech looks bright. (Full Story)

More Stories

• Reuters has $8B war chest for future AI investments. (link)

• Apple acquires DarwinAI ahead of a major conference in June. (link)

• Perplexity is adding Yelp data to it’s chatbot. (link)

• 2,850 flying cars have been preordered from Alef. (link)

• Jeff Bezos has already doubled his investment with Perplexity AI. (link)

• Midjourney’s ability to create consistent characters unlocks new use-cases. (link)

📈 Venture Deals

Applied Intuition Raises $250M at $6B Valuation from Lux Capital, Porsche, & More

Applied Intuition is a software company centered around bringing artificial intelligence to vehicles across trucking, construction, agriculture and defense. They have had triple digit growth every year since their founding in 2017. They recently came out of their Series E round with a $6Billion valuation and a $1Billion war chest to invest towards their products. (Full Story)

More Venture Deals

• Together.ai raised another $106M in a new round lead by Salesforce Ventures. (link)

• Ocient secured $49.4M for energy efficient data analytics solutions. (link)

• Empathy captured $47M for AI that helps people process grief (often as an employee benefit). (link)

• Unstructured grabbed $40M to help get enterprise data ready for LLMs (link)

• Defense Unicorns secured $35M to continue developing it’s in-mission focused software capabilities (link)

• Tavus raised $18M to create automated digital “replicas” for personalized video campaigns. (link)

💡 Industry Impacts

⚖️ Legal

Coming Into Force in Europe This Year: The EU AI Act, introduces regulations for AI, banning manipulative behaviors and unauthorized biometric use. High-risk AI undergoes strict assessments, and generative AI must be transparent. Implementation spans two years with fines for non-compliance, signaling a shift in AI governance. (link)

🏥 Healthcare

Imagine 90 Second Chart Prep: HealthKey’s HIPPA compliant AI tool summarizes streamline patient histories into concise outlines. It seems alot like ChatGPT, but with medical records. This kind of technology can improve continuity of care and patient outcomes. (link)

🏠 Real Estate

Luxora Gains Traction in Vegas: Created by the Luxury Realty Group in Las Vegas, Luxora is giving real estate agents a run for their money. Luxora finds available homes and provides an immersive property tour as well as specific property details. The AI’s chat functionality gives it a “human touch” and better response time. (link)

🛒 Ecommerce

Amazon Sellers Rejoice: Sellers can now generate listings with minimal input, benefiting from improvements in clarity, accuracy, and detail. Over 100,000 sellers have already utilized these AI tools. Amazon sellers will also be able to streamline the listing creation process by leveraging existing listings from their websites. (link)

🛠️ Tool of the Week

For better or for worse, we all spend a lot of our time in our inboxes. This week I wanted to highlight a few email tools that can improve response quality and save hours a week, starting with AimReply. As far as email response generators go, AimReply’s chrome extension is extremely intuitive to use, and they have great resources to get you jumpstarted into leveraging it effectively.

More Inbox Tools

• Emailtree.ai is an AI-powered email automation platform aimed at enhancing customer service experiences in 2024

• Mailbutler.io adds useful features to your Outlook, Gmail, or Apple Mail inbox.

• SuperHuman AI is a popular tool for crafting email responses instantly and increasing inbox productivity.

• Sanebox.com uses AI to organize and prioritize your inbox based on your behavior.