This week Tom and Elliot talk about the $225m that flew into the seed rounds for Stability AI and Jasper AI. They also touch on the rumours about OpenAI's discussions with Microsoft about further financing.

⏲️Timestamps⏲️

00:00 100% more audio introduction

01:30 The three big invesments pieces of news this week

05:00 Two of the biggest seed rounds

06:10 Stability AI's seed round & the universe

12:45 Making an episode fully AI

13:35 Detailed information on the Stability AI round

15:00 Don't pick the hype for your PhD

17:40 The Hedge Fund Play by Stability AI

18:30 4000 GPUs from Stability AI

20:40 Stability delays the release of v1.5 of Stable Diffusion and the consequences

27:15 Elliot's spicy take🌶️ and Stavility AI's competive new future

31:15 OpenAI's discussion with Microsoft

35:00 The release history by OpenAI and the trend of closing

38:45 Imagik Paper and reinventing images

41:00 The challenges of prompt engineering

44:00 Final words on Stability AI's round

48:12 Jasper AI's round

52:00 Marketing dribble just exploded 100x

53:20 Advertising doesn't work that way

54:30 All consumer brand's will be gone in 30 years

59:00 The Sideways effect on the wine market

1:01:30 Pineapples & social signalling

1:03:20 Humans filtering out AI content

1:04:40 Jasper's product demo

1:06:10 Propogating errors through the internet

1:11:00 Wrapping up

⚡Show Notes⚡

- Stability AI's $101m Seed Round https://techcrunch.com/2022/10/17/stability-ai-the-startup-behind-stable-diffusion-raises-101m/

- Jasper AI's $125m Seed Round https://techcrunch.com/2022/10/18/ai-content-platform-jasper-raises-125m-at-a-1-7b-valuation/

- OpenAI in discussion with Microsoft for further funding https://www.theinformation.com/articles/openai-valued-at-nearly-20-billion-in-advanced-talks-with-microsoft-for-more-funding

- Not Andrew Street... Andrew Scott https://www.imdb.com/name/nm0778831/

- Stable Diffusion Launch https://stability.ai/blog/stable-diffusion-announcement

- Dreamstudio https://beta.dreamstudio.ai/home

- Ali Abdaal AI tweet https://mobile.twitter.com/AliAbdaal/status/1582835494475698176

- Moonbeam editing tool https://www.gomoonbeam.com/

- Emad Mostaque CEO of Stability AI https://en.wikipedia.org/wiki/Emad_Mostaque

- Stability AI demo day https://www.youtube.com/watch?v=1Uy_8YPWrXo&t=2415s&ab_channel=RobertScoble

- Why Stability delayed v1.5 release of Stabel Diffusion https://danieljeffries.substack.com/p/why-the-future-of-open-source-ai

- Imagik https://imagick.ai/

- Jasper AI Demo https://www.jasper.ai/demo

- Ads don't work that way https://meltingasphalt.com/ads-dont-work-that-way/

- The Sideways Effect on Merlot https://www.npr.org/sections/thesalt/2017/07/05/535038513/the-sideways-effect-how-a-wine-obsessed-film-reshaped-the-industry

- The Myth of Spinach https://www.compoundchem.com/2018/07/17/spinach/

-Malcolm Gladwell on memory https://www.pushkin.fm/podcasts/revisionist-history/free-brian-williams

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