? Ethereum has dropped by nearly 30%, Bitcoin by 15%, and the top U.S. stocks are down by 5-10%. We are witnessing investor fear at levels reminiscent of the 2020 pandemic: this might have indicated that market participants were anticipating an event of truly grand scale, akin to a prelude to a full-scale war between several major countries.

The AI stock market is experiencing a decline, but it’s too early to talk about a “bubble.” Stocks of companies like Nvidia have sharply fallen, but this is more likely due to overall market correction and a reallocation of investor funds to smaller companies. Meanwhile, demand for AI remains high, with giants like Alphabet and Microsoft showing strong financial results.

Therefore, investors should closely monitor the market and be ready to capitalize on opportunities, but should not try to catch the bottom yet, as there might be further declines.

@Skynet_Dreams #news

? Startup Team Sizes 2022-2024

The trend is clear: fewer people are generating more revenue. It is also possible that more people are being replaced by AI.

@Skynet_Dreams

? I was born in a small village in the north of Russia, where I used to take an hour-long bus ride to school in -50 degrees. Now, I live in a bourgeois neighborhood in Paris with a direct view of the Seine.

Life is an amazing thing; the main thing is to want something and keep moving, no matter the direction.

@Skynet_Dreams

? OpenAI will lose $5 billion this year and could go bankrupt in a year.

The Information estimates that OpenAI will spend $7 billion this year on training models and $1.5 billion on personnel. The company's losses for the year could amount to $5 billion.

Analysts believe that if OpenAI does not secure additional funding, it will simply run out of money in 12 months.

— Loud clickbait. They'll definitely get the funding, no doubt about it.

@Skynet_Dreams

? Top 10 AI Startups to Watch in 2024, According to Bloomberg

1. OpenAI — You know who they are. Valuation: $86 billion, raised over $13 billion in investments.

2. Anthropic — Chatbot Claude. Valuation: $18 billion, raised nearly $9 billion.

3. Suno — AI for music creation. Valuation: $500 million, raised $125 million.

4. Perplexity — AI internet search. Valuation: $1 billion, raised $165 million.

5. Mistral — Open-source AI. Valuation: $6 billion, raised $1 billion.

6. xAI — Elon Musk's AI. Valuation: $24 billion, raised $6 billion.

7. Scale AI — Data processing for AI. Valuation: $13.8 billion, raised $1.6 billion.

8. Cohere — Enterprise chatbots. Valuation: $5.5 billion, raised $970 million.

9. CoreWeave — Cloud computing for AI. Valuation: $19 billion, raised $12 billion.

10. ElevenLabs — Voice cloning and replacement. Valuation: $1 billion, raised $101 million.

@Skynet_Dreams

? AI and Alcohol: More Than You Think

AI isn't just for entertainment and passing exams; it's rapidly integrating into all areas of business, even seemingly traditional ones like the alcohol industry. At first glance, it might be unclear why AI is needed here. However, as the saying goes, where there's a will, there's a way, and any field can keep up with the times.

✅ AI and Consumer Preferences

Startups like Tastry use AI to analyze wine blends and find the best mix that consumers will enjoy. Big companies like Diageo use AI to predict flavor trends and match products to what people like. For example, AI helped Diageo launch a successful pineapple-flavored Scotch. AI looks at data from social media and food trends to predict what flavors will be popular next, helping companies stay ahead of consumer tastes.

✅ AI Helps Winemakers Adapt to Climate Change
With rising global temperatures threatening agriculture, wineries are using artificial intelligence (AI) to prepare for unpredictable weather. AI helps winemakers plan for temperature changes that affect harvests. It also predicts fermentation conditions and improves irrigation, making wineries more resilient to climate change.

✅ AI Innovation in the Beverage Industry

Alcoholic beverage brands are starting to use AI to improve how they make and develop new products. AI helps create better wine, beer, and spirits by analyzing what consumers like. This is important because global demand for alcohol is dropping, especially among younger people who drink less. AI helps companies come up with new ideas to attract these consumers.

? By the way, it's a good and healthy trend, so why spoil it... ?

What do you think—is alcohol an evil and harmful habit to get rid of, or can it be enjoyed in moderation? I'm for the latter, so I’ll go pour myself a glass of wine ??

@Skynet_Dreams

?️ Adobe introduced new AI features in Illustrator and Photoshop for enhanced design capabilities

The new generative fill feature in Illustrator allows you to quickly add vector images to shapes using text prompts.

? Amazing! In my opinion, AI is the best assistant for designers! Yes, an assistant indeed.

@Skynet_Dreams #aitools

? The Honest SaaS Metric Glossary

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