NVIDIA 🤑

Hey there,

During a gold rush, sell shovels. During the AI hype cycle, sell GPU chips.

NVIDIA is one of the biggest beneficiaries of the current AI boom, with its revenue increasing by 101% in Q2! If you had invested in the company on January 1, 2023, your investment would now be worth 2.3 times more.

In today’s edition:

📰 News: Figma brings AI to visual design

🛠️ Tools: An AI assistant for music and a no-code platform to build AI powered apps

🎲 Misc: Thoughts to Speech?

Reading time is 4 minutes. Let’s dive in 🤿

 Big Tech

Figma brings AI to visual design

TL;DR: Figma adds AI features to ideate, summarize and riff in FigJam.

Figma, the most popular interface design tool, brings the power of ChatGPT into a visual environment that’s accessible to multiple users.

The new feature, Jambot, can help you with:

• Visual Design: Create visual mindmaps with AI

• Brainstorm: ask the widget a question or expand on a topic

• Summarize: sticky notes on your board to help wrap up a meeting

• Reframe: text for a specific audience, tone, or format

The primary mode of interaction with AI models has been text-based, resembling a chat-bot interface. However, companies are now pushing the boundaries by integrating GPT technology into visual design platforms. For those who use Figma, try the new Jambot here.

Leverage AI Tools

• Simplify Slack: Dispatch is an inbox for slack that filter outs unnecessary noise from irrelevant channels. It distributes messages among team members effortlessly, employ labels for streamlined organization and keeps track of ongoing discussions by following threads for upcoming replies.

• Customer Insights: Notably helps you get insights from your customer data instantly.

• Chatbots on your own data: Llmstack is a no-code platform to build generative AI apps, chatbots and agents with your data

• AI x Music : Musicfy lets you craft a personalized AI model using your vocals that mirrors your style. You could even isolate individual tracks (drums, vocals, bass, etc.) in any song effortlessly.

P.S: Too many links? Refer a friend to get instant access to our curated list of Top 50 AI tools.

 Today in Tech

• Thoughts to Speech: Research teams from Stanford University and the University of California, San Francisco use AI and electrodes to turn thoughts into speech via a lifelike avatar (link)

• Right To Repair: In a surprise move, Apple lends support to California State Right to Repair bill (link)

• AI in every app: Microsoft is experimenting with bringing new AI capabilities to Windows 11 apps, like generating a canvas from text in Paint and OCR in Snipping Tool (link)

• Spotify podcaster tools: Spotify introduces new podcaster tools, including customized pages, new impression analytics, preview editing controls, and a dashboard for Megaphone publishers (link)

• Why current AI tech is different: LLMs, Transformers, and diffusion models represent an entirely new AI era and discontinuity from the past machine learning capabilities of the CNN/RNN/GAN world (link)