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🤖🔥 OpenAI’s $100B Valuation, Google’s Gems & Imagen 3, Midjourney’s Hardware Expansion

Author

Himanshu Maggu
August 29, 2024

Welcome back! This is The AI Takeover, read this daily so you don’t get left behind by AI! In todays newsletter:

- 🚨 🔮 Google Unveils Gems & Imagen 3 for Gemini Advanced Users
- 🚨 🔧 Midjourney Expands Into Hardware with New SF Team
- 🚨 💰 OpenAI Eyes $100B+ Valuation in New Multi-Billion Dollar Funding Round

NEWS
🔮 Google Unveils Gems & Imagen 3 for Gemini Advanced Users

Google is launching Gems and Imagen 3 for Gemini Advanced subscribers. Gems lets users create customized versions of Gemini for specific tasks, with premade options like learning coaches and coding partners. Imagen 3, Google’s latest image generation model, enables users to produce detailed and artistic images. These new features enhance the functionality and creative potential of the platform.

NEWS
🔧 Midjourney Expands Into Hardware with New SF Team

Midjourney is stepping into hardware with a new San Francisco-based team. The recent hire of ex-Neuralink and Apple Vision Pro engineer Ahmad Abbas signals a focus on hardware, likely tied to its AI advancements in video and 3D generation. This expansion marks a significant move in Midjourney's broader technological ambitions.

NEWS
💰 OpenAI Eyes $100B+ Valuation in New Multi-Billion Dollar Funding Round

OpenAI is negotiating a new funding round led by Thrive Capital, aiming to raise several billion dollars and value the company over $100 billion. Microsoft is anticipated to join the investment, signaling strong interest in supporting OpenAI's growth and advancements.

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