Apple Buys AI Startup as AI Race Heats Up

Plus, a 32-Hour Workweek Bill Sites AI as Justification

Author

Nathaniel Whittemore
March 15, 2024

The AI Breakdown First Five - Friday March 15, 2024

Today on the First Five:

  • 5. Morgan Stanley Names a Head of AI

  • 4. AI Elvis and Marilyn Monroe Bring up Questions

  • 3. Together AI Raises $106M Led by Salesforce

  • 2. A 32-Hour Workweek Bill Sites AI as Justification

  • 1. Apple Buys AI Startup as AI Race Heats Up

5. Morgan Stanley Names a Head of AI

AI is infiltrating the world of finance, just like every other industry. The latest example is that Morgan Stanley has promoted a veteran of its wealth management division to run AI across the firm. What that means, no one knows, but it’s provocative. It gets the kids going!

4. AI Elvis and Marilyn Monroe Bring up Questions

AI celebrity resurrections are on the rise and getting more scrutiny. NPR profiles the forthcoming Elvis experience, and “Digital Marilyn” Monroe made her debut at SXSW. What do you think? Creepy or cool? (Or both?)

3. Together AI Raises $106M Led by Salesforce

Enterprise AI continues to command serious attention and even more serious capital. Together has (officially now) raised a fresh $106m round, led by Salesforce and valuing the company at $1.25B.

2. A 32-Hour Workweek Bill Sites AI as Justification

Bernie Sanders and other Senate dems have proposed a new law mandating a 32-hour work week. One of the pieces of logic their presenting? You guessed it: productivity increases from AI.

1. Apple Buys AI Startup as AI Race Heats Up

‘Member when Apple ditched its car project to focus on AI? Well, the Cupertino king has just acquired DarwinAI, a Canadian startup that has built AI for visually inspecting components during manufacturing. What comes next Apple, what comes next?

Bonus: Magnific’s New Style Transfer

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