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Today:

Google unveils $20M grant for academics worldwide

Read Time: 4 minutes

📚 Google unveils $20M fund for academics worldwide

Our Report: Google has unveiled the Digital Futures Project, a program designed to further the dialogue on AI's benefits and challenges—dedicating a $20M fund to provide grants to esteemed think tanks and academic institutions worldwide.

🔑 Key Points:

• The initiative seeks to gather a diverse array of voices to promote the responsible evolution of AI by supporting research and fostering public policy debates.

• Google aims to explore AI's potential to enhance daily life and tackle pressing societal issues, from disease prevention to predicting natural disasters.

• Key questions the project aims to address include the impact of AI on global security, the workforce, economic growth, and the best governance structures to encourage responsible AI innovation.

• Initial recipients of the Digital Futures Fund include renowned organizations like the Aspen Institute, Brookings Institution, and MIT Work of the Future.

🤨 Why you should care: While $20M may seem like a mere drop in the vast reservoir of Google's funding, it's a significant step toward fostering innovation in AI at the educational institution level.

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ChatGPT Prompt

✅ Opinion Challenger

^{copy & paste ⬇️}

“I am going to provide an opinion on a subject, and I want you to criticize it from a practical, legal, and ethical perspective. My opinion is: [insert opinion].”

MidJourney Prompt

🎨 Impressionism

^{copy & paste ⬇️}

“Blurry brushstrokes,” “Painted light,” “Impressionistic landscapes,” “Pastel colors,” “Impressionistic portraits.”

🏆 Top tech leader AI forum commences this week

On Wednesday, top tech leaders, including Elon Musk, Mark Zuckerberg, and Bill Gates, will attend a private Capitol summit on AI to address all 100 senators on the regulation & development of AI.

The closed-door meeting, led by majority leader Chuck Schumer, aims to address and brainstorm solutions for responsible AI development—security is expected to be extremely tight as a plethora of billionaires, lobbyists, and US officials will be in attendance.

💊 Another AI drug development startup raises $100M

Palo Alto-based biotech startup Inceptive, co-founded by former Google AI expert Jakob Uszkoreit, has raised $100M, led by NVIDIA’s NVentures and Andreessen Horowitz (A16z)

The funding, valuing Inceptive at over $300M, will be used to harness AI for revolutionary drug development, focusing on creating unique vaccine proteins. The medical field & AI continue to intertwine—keep your eyes peeled for huge developments in the coming weeks, months & years.

🚗 Tesla stock jumps by $600B from ‘Dojo’ development

Tesla's stock rose 6% after Morgan Stanley predicted that Tesla’s Dojo supercomputer could increase its market value by nearly $600B—aiding its push into robotaxis and software.

Tesla is investing $1B this year alone to develop the supercomputer; using Dojo to train the AI models used in their self-driving cars, and thus inch them closer to full regulatory approval.

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🤨 Self-publishers must declare if content sold on Amazon is AI-generated

🧥 AI-generated designs make an appearance at NY Fashion Week

📸 Instagram might be getting more generative AI features

🖊️ More writers sue OpenAI for copyright infringement

👀 The FTC is setting its sights on generative AI

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Until next time, Martin & Arturo.