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Welcome to the latest edition of our weekly newsletter designed to keep you in the loop on recent developments in Gen AI.

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Apple x OpenAI : GenAI in iPhones?

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Apple is ramping up discussions with OpenAI to integrate generative AI capabilities into the iPhone. Concurrently, the tech giant is engaging in talks with Google. These negotiations primarily revolve around the potential inclusion of an AI chatbot in the upcoming iOS 18 update.

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Synthesia new model : EXPRESS-1

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AI avatars can now autonomously interpret text. Synthesia has unveiled a cutting-edge diffusion model dubbed EXPRESS-1, enabling AI avatars to comprehend a script and dynamically adapt their performance in real-time.

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xAI's $6 Billion Funding Round and Musk's Ambitious Vision

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xAI, Elon Musk’s rival to OpenAI, is reportedly raising $6 billion with a pre-money valuation of $18 billion, offering investors a quarter stake, pending finalization within weeks after revised terms.

Investor interest surged after initial valuation adjustments, with notable participation from Sequoia Capital and Future Ventures, aligning with Musk's vision to integrate xAI's capabilities across his tech ventures, potentially revolutionizing industries like self-driving cars and virtual assistants.

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Stay tuned for our next issue, where we'll continue to bring you the latest updates from the world of Gen AI.

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