Happy Monday, AI enthusiasts! 🤖

Get ready for your daily infusion of AI news and insights 🔍

• 💰 UK Invests $130M in AI Chips to Address Computing Power Shortage

• 📈 Akkio Raises $15 Million in Series A Funding to Expand Generative Analytics and Business AI Solutions

• 💼 Microsoft Teams Up with Databricks, a Move That Could Challenge OpenAI

• 🤖 Replicate Yourself Using AI

FROM OUR PARTNERS

💰 UK Invests $130M in AI Chips to Address Computing Power Shortage

• To tackle the global shortage of computing power, the UK government allocates £100 million ($130 million) for purchasing AI chips to establish an AI Research Resource by 2024.

• While the funding is intended to address the shortfall, it might not fully meet the ambitions, potentially requiring additional funding sources.

• Reports emphasize the challenge businesses face in deploying AI due to limited resources, underlining the significance of ample computing power for AI advancement.

📈 Akkio Raises $15 Million in Series A Funding to Expand Generative Analytics and Business AI Solutions

• Akkio, a no-code AI company based in Cambridge, Massachusetts, successfully concluded its Series A funding round, securing a total investment of $15 million.

• Contributions came from Bain Capital Ventures (BCV) and Pandome, Inc. These funds will fuel the acceleration of Akkio's AI platform commercialization.

• Known for its user-friendly interface and affordability, the platform aids clients in data interaction, real-time dashboard creation, and the application of machine learning for predictive analytics.

💼 Microsoft Teams Up with Databricks, a Move That Could Challenge OpenAI

• Microsoft, known for its collaboration with OpenAI in language understanding AI, is expanding its AI efforts through a new partnership with Databricks.

• Databricks, positioned as an alternative to OpenAI, focuses on software enabling customers to build AI applications for their businesses.

• This move diversifies Microsoft's AI strategies and could introduce competition in the AI landscape.

🤖 Replicate Yourself Using AI

• Picture a scenario where your AI clone attends meetings on your behalf during a hectic day. Introducing HeyGen Avatar 2.0.

• By utilizing just a 2-minute video of you, this AI can create remarkably lifelike clones.

• It even possesses the ability to imitate accents and speech patterns.

More AI news

1. AI Art Copyright Ruling: Judge Declares AI-Created Art Unprotected by Copyright Law, Implicating Hollywood Studios. (link)

2. AVIS Highlights Google's Advancements in AI-Powered Image Search. (link)

3. Amazon Unveils AI-Powered Customer Review Summaries. (link)

4. Singapore Workers Lead Global AI Skills Adoption, According to LinkedIn Report. (link)

Trending Tools & Resources 🛠️

1. Poozle: Open-Source Plaid for Large Language Models (LLMs). (link)

2. Cerelyze: Convert Research Papers into Practical Code. (link)

3. Strada: Enterprise Integration Platform with Developers in Mind. (link)

4. TabHub: Next-Generation Tab Manager for Enhanced Browsing. (link)

5. Chapple: Your All-in-One AI-Powered Content Creation Tool. (link)

6. ThoughtCast: Create and Share Engaging Audio Pitches, Blogs, and More. (link)

Tweet of the day 🐦

Image of the day 🖼️

Videogame Fusions

Credits to u/Dark666Redd on Reddit

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