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OWITH.ai - Only What's Important to Hear around AI and Tech

Podcast OWITH.ai - Only What's Important to Hear around AI and Tech
owith
Get your daily fix of AI and tech news with OWITH.ai, the ChatGPT generated podcast that delivers Only What’s Important To Hear!

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  • AI Funding, Political Criticism, and Beauty Brand Success: The Latest in Tech and Business News from OWITH.ai
    Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. FAL, a generative media platform for developers, raised a $49 million Series B funding round led by Notable Capital in February 2025. The company, founded by Burkay Gur and Gorkem Yurtseven, focuses on providing developers with the platform and expertise to use generative AI models for image and video generation. With over 50 enterprise clients and a community of over one million indie developers experimenting with the platform, FAL has experienced rapid growth. The potential for generative media is vast, expected to represent a multitrillion-dollar opportunity in the next decade. Operating in a competitive market alongside platforms like Runway and Synthesia, FAL differentiates itself by working across both open and closed source models. The company plans to expand its GPU fleet significantly in 2025 as they believe it will be a defining year for generative media.JD Vance, the U.S. Vice President, recently spoke at the AI Action Summit in Paris, criticizing the EU's Digital Markets Act and Digital Services Act as overly restrictive. He warned about the dangers of Chinese tech and authoritarian regimes using technology to infiltrate and seize information infrastructure. In other news, Thomson Reuters won a copyright ruling against an AI startup for unauthorized use of content to build an AI platform. Workday introduced AI agents to handle digital tasks and roles within businesses, emphasizing that they will coexist with human workers. Apple partnered with Alibaba for AI features in China, CATL filed for a Hong Kong IPO, DoorDash beat revenue expectations, and Anduril secured a deal to produce goggles for the U.S. Army. Google I/O is set for May, Shopify shut down a fraudulent store selling swastika tees, and Meta is in talks to acquire FuriosaAI.E.L.F. Beauty CEO Tarang Amin discussed the company's success with Gen-Z and millennial consumers by focusing on building the brand online through platforms like TikTok and Twitch. Amin highlighted the diversity within the company's team and successful marketing campaigns addressing gender inequality on corporate boards. In other news, President Trump is pressuring Ukraine for a deal involving rare earth minerals, while Fed Chair Jerome Powell dismisses the possibility of Trump firing Fed board members. Elon Musk defends his Doge group's work in checking government spending, while OpenAI CEO Sam Altman reveals that Musk's bid to acquire OpenAI was rejected.Hyperscalers are increasing their AI capex spending, with companies like Meta, Amazon, Alphabet, and Microsoft planning to invest up to $320 billion in AI technologies in 2025. This increase in spending on datacenters and AI compute is accelerating the AI landscape. The Pragmatic Optimist newsletter has relaunched with a focus on helping investors navigate the evolving AI ecosystem and identifying long-term investment opportunities. Providing industry research posts, subscriber chats, and access to the portfolio for paid subscribers, the newsletter offers valuable insights for investors at an annual rate of $80 until the end of March. With analysts boasting a 71% success rate and an average return of 29% per rating, it is a valuable resource for investors.Thanks for listening! Follow us on Twitter, Instagram and Linkedin
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  • AI Regulation, Economic Confidence, and Industry Updates: A Look at the Latest in Tech and Business
    Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.In the text, Gary Marcus discusses how warnings about the dangers of tech oligarchs taking over the world and the lack of regulation around AI are becoming a reality. Criticizing JD Vance for suggesting that any regulation around AI is "excessive," it is argued that the US has almost no regulation around AI at all. Without proper oversight, AI could have significant negative impacts on society, including potential dangers of authoritarian uses in China and the US. Ultimately, citizens are called upon to speak up and advocate for regulations that ensure AI works for the benefit of society.A recent survey conducted by Semaphore found that only about 8% of dealmakers are confident in the international economy. Results showed limited confidence in wider political and economic landscapes, with many expressing uncertainty or lack of confidence, particularly in Congress, Trump's economic team, and the international economy. Specific opportunities in the U.S. and certain regions were highlighted, along with concerns about inflation and managing artificial intelligence. The survey also touched on issues like the carried interest tax loophole, diversity, and Elon Musk's influence on American domestic and foreign policy. Funding activity included significant capital raises by companies in various sectors and strategic acquisitions by private equity firms.Elon Musk has made a $97.4 billion bid to buy the assets of OpenAI, potentially setting back his most formidable rival in the artificial intelligence space. Lyft plans to launch robo-taxis in Dallas in 2026 using self-driving technology from Mobileye. France has created a $400 million foundation for public interest AI, aiming to raise $2.5 billion over five years for projects supporting public interest in AI. Other updates include Nokia's new CEO, China's tech targets, and various developments in the AI industry.Various current events and news are discussed, including a former Meta director suing the company, Nokia appointing a new AI-focused CEO, Elon Musk's failed acquisition offer for OpenAI, Trump's threats towards Gaza, and other market updates. Mark Zuckerberg's leadership style and recent layoffs at Meta are reflected upon to emphasize the importance of compassion in leadership. Articles from Fortune magazine covering topics like UnitedHealth Group's defamation lawsuits, Nokia's leadership changes, and market trends are highlighted. Subscribers are encouraged to stay updated with Fortune's newsletters for the latest business updates.Thanks for listening! Follow us on Twitter, Instagram and Linkedin
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  • AI and Tech Updates: From OpenAI to Plaid, Stay Informed with OWITH.ai
    Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Transitioning from Google's recent releases to OpenAI's new AI agents for coding and sales, Sam Altman's observations on the economy of AI shed light on the importance of utilizing chatbots instead of asking people questions. Meanwhile, OpenAI's deep research is generating revenue successfully, showcasing the power of well-structured questions to AI models like OpenAI's deep research.Moving on, let's discuss the aftermath of the Paris AI Summit. The event was described as a train wreck, with many attendees expressing dissatisfaction. Concerns about regulatory capture and major countries considering not signing on were highlighted, leading to a missed opportunity to address AI risks effectively.Shifting gears to the fintech industry, Plaid is making waves with CEO Zach Perret predicting a "fintech summer" ahead. Despite facing regulatory challenges, Plaid is considering an IPO and remains focused on growth. Additionally, updates in the industry include venture deals, private equity acquisitions, IPOs, and new hires.In other news, Meta has announced layoffs for about 3,600 employees while focusing on hiring machine learning engineers. The U.K.'s order for Apple to allow access to encrypted user data raises concerns about privacy and government surveillance. Meanwhile, Shein looks to establish production lines in Vietnam to avoid U.S. tariffs on Chinese goods.Wrapping up, the impact of President Trump's tariffs on businesses is discussed, with companies setting up "tariff war rooms" to strategize and prepare for potential scenarios. Market updates and analyst notes from various sources are provided, covering a range of topics from company layoffs to investments in AI technology.Make sure to subscribe for exclusive content and enjoy a 20% discount on upgrading to a paid subscription. Thank you for tuning in to OWITH.ai: the podcast that keeps you informed on all things AI and tech.Thanks for listening! Follow us on Twitter, Instagram and Linkedin
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  • AI Advancements, Funding Cuts, and Cognitive Balance: A Recap from OWITH.ai
    Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The recent decision to drastically cut NIH and NSF funding and reduce grant overhead to universities will have devastating consequences for the future of the United States. This move is criticized as an epic unforced error that will cripple science, cause academic stars to leave, and make it harder to find homegrown talent. It is important to consider the impact of these decisions on the country's scientific landscape.In the world of AI, OpenAI introduced an intelligent research agent called Deep Research, Bytedance unveiled an AI model for human motion generation, and Google launched Gemini 2.0 with advanced reasoning capabilities. These advancements are transforming research workflows, video creation, and complex reasoning processes. The cost of intelligence is decreasing, leading to more accessible and advanced AI technologies. Europe's approach to AI funding and regulation is also compared to the US, highlighting the need for acceleration in AI development.Gary Marcus discusses how his past claims in the essay "Deep Learning is Hitting a Wall" have been vindicated in recent months, particularly in the era of deepseek. He outlines five observations that support his initial claims and emphasizes the importance of new techniques beyond large language models (LLMs). Despite initial ridicule, Marcus feels vindicated by recent developments and underscores the importance of continued research challenges in artificial intelligence.Excessive reading and reliance on AI technology can have negative effects, leading to a lack of original thought and cognitive decline. Finding a balance between traditional reading and AI technology is essential to prevent cognitive stagnation.Recent news includes Mira Murati's significant hire of John Schulman for her new startup, U.S. legislators proposing a ban on DeepSeek from government devices, Amazon's soaring profits reaching $20 billion in the fourth quarter of 2024, and open-source researchers replicating DeepSeek's advancements. Additionally, Meta's lawsuit over pirated books for AI training has deepened, Apple plans to revamp the iPhone SE, and Sprinklr has laid off 500 employees.In the CEO Daily newsletter by Deloitte on February 7, 2025, topics such as Trump's purge of federal employees, insights from various analysts, Ford CEO Jim Farley warning about proposed tariffs, Amazon reporting potentially historic earnings, and brand loyalty becoming crucial in the evolving automotive industry are covered. The markets are relatively calm as they await the jobs report, with watercooler chat topics such as Trump's trade policies creating "tariff war rooms" for business leaders and Snap CEO Evan Spiegel mocking Mark Zuckerberg on LinkedIn.Stay tuned for more updates on developments in AI and tech world.Thanks for listening! Follow us on Twitter, Instagram and Linkedin
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  • 2025-02-08 Saturday Special
    Each Saturday we take the headlines of daily podcast and ask ChatGPT to create a Sci-Fi story inspired by the news. The outcome for this week is this short story.Thanks for listening! Follow us on Twitter, Instagram and Linkedin
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