Welcome to AI Tool Report!

Friday’s top story: Meta—and several other major news and social media sites—have blocked Apple’s web-crawling bots to stop them from using their data to train its AI models.

🌤️ This Morning on AI Tool Report

1. 🚷 Meta blocks Apple bots!

2. 📝 How to get human-like note summaries without a bot

3. 🔥 Apple and NVIDIA: OpenAI’s next backers?

4. ⚙️ How to scale your business with intelligent automation

5. 🏢 How to automate new employee onboarding

6. 📱 Chat with Gmail on mobile

7. 💻 Ex-Google CEO backs coding start-up

Read Time: 5 minutes

STOCK MARKETS

🔥 NVIDIA beat analysts’ earnings estimations on Wednesday after market close, reporting a 4.53% revenue beat. However, the stock proceeded to slide lower losing 6.38% during Thursday’s session. Learn more.

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AI TRAINING

🚷 Meta blocks Apple bots!

Our Report: Meta has stopped Apple’s web-crawling bots–Applebot and its extension, Applebot-Extended—from scraping data from Instagram and Facebook to train its AI models.

🔑 Key Points:

• Other high-profile news sites and social media platforms—including The New York Times, Vox Media, Tumblr, The Atlantic, and Condé Nast—have also opted out of allowing Apple to use their data for AI training.

• Applebot scrapes data to improve Siri and Spotlight (Apple’s search tool), but Applebot-Extended scrapes data specifically for AI training and also allows publishers to opt-out of having their content scraped for this purpose.

• Applebot-Extended (which was launched just three months ago) makes it easy for publishers to opt-out of the scheme, as all they need to do is update a publicly accessible text file—called a robots.txt.

🤔 Why you should care: Applebot-Extended has only been blocked by 6-7% of high-traffic websites, and just 25% of news outlets have blocked them, compared to the 53% that have blocked OpenAI’s web-scraper and the 43% that have blocked Google’s, possibly indicating that companies don’t know about Apple's opt-out scheme yet.

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FUNDING

🔥 Apple and NVIDIA: OpenAI’s next backers? 

Our Report: Following our report yesterday that OpenAI is talking to Venture Capitalist firms to raise its largest round of funding since Microsoft’s $10B capital injection in 2023—which will value the company at $100B—Apple and NVIDIA are keen to invest in the ChatGPT maker.

Key Points:

• To recap yesterday’s news, one of OpenAI’s earliest investors–Thrive–will lead the funding round, along with Microsoft (one of OpenAI’s biggest investors, with a 49% stake in the company).

• If these rumors are true, three of the most valuable tech companies in the world—Apple, NVIDIA, and Microsoft—will back another of the biggest tech companies in the world, making OpenAI an unstoppable force.

• Analysts believe that OpenAI needs this capital injection and will not make it to 2026 if they don’t raise the largest amount of funding ever seen for a start-up, as its AI training and staff costs are eclipsing its annualized revenue.

Why you should care: The big question here, is why are Apple and NVIDIA interested in backing OpenAI—especially as Apple rarely invests in startups—but the answer shouldn’t come as a huge surprise as Apple announced in June that they were partnering with OpenAI to incorporate ChatGPT into their voice assistant, Siri, and NVIDIA is OpenAI’s primary AI chip supplier.

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How to automate new employee onboarding

Onboarding new employees can be a time-consuming process, but getting it wrong can alienate new staff members and increase employee turnover.

This week’s automaton will simplify your onboarding process by automating task creation, communication, and scheduling, ensuring a smooth start for every new hire, and increased loyalty.

Want to know how to set this up in detail? Read this

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CHATBOTS

📱 Chat with Gmail on mobile

• Google has launched its AI-powered Gmail feature—Gmail Q&A—on Android mobile devices (iOS is coming later), which will allow Gemini users to chat with Google’s AI assistant, Gemini, about their emails.

• Gemini users will now be able to ask Gemini to summarize their emails, search for specific details within emails, show unread messages, and surface emails from a specific sender, on their mobiles.

• Although this feature is live on all Android devices (if you’re a paying Gemini customer), it could take up to 15 days to show up, but when it does, it’ll be accessible via Gemini’s signature black star logo in the top-right.

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FUNDING

💻 Ex-Google CEO backs coding start-up

• AI coding start-up—Magic—which builds models that generate code and automate software development tasks, has successfully raised $320M in a funding round led by ex-Google CEO, Eric Schmidt. 

• Other key participants in the round include Alphabet’s CapitalG, Atlassian, and Sequoia, and this new funding brings the total amount raised, by Magic, to $465M, making it one of the most successful AI coding start-ups.

• This follows their recently announced partnership with Google Cloud to build two supercomputers—The Magic-G4 and Magic G5—on the Cloud platform, which will be powered by NVIDIA’s next-gen Blackwell AI chips.

📢 Thursday’s poll results are in…

Following a rumored funding raise and market concern, will OpenAI run out of $$$?

❌ No: It will always have interested investors to back it: 55.72%

“It will be quite a while before the hysteria of AI goes away and people will keep giving $$$, just like the dot.com bust”

✅ Yes: It’s hemorrhaging $$$ to stay competitive: 40.30%

“Competition is accelerating which will eventually force consolidation.”

We read your emails, comments, and poll replies daily.

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Until next time, Martin & Liam.

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