$1 Billion Bet on Safe AI

Welcome to our Wednesday edition!

In today’s menu:

• AI Inspiration Quote

• From OpenAI to $1B Startup SSI

• My Mind: Your Digital Memory

• $500 for Canva? AI Tools to Blame

• Top Rated AI Tools

• Byte Sized news

• How to Find Viral Clips with Canva’s “Highlights”

Reading time: 8 minutes

AI INSPIRATIONAL QUOTE

LATEST NEWS

From OpenAI to $1B Startup SSI

Safe Superintelligence Raises $1 Billion for Safe AI Development

• Safe Superintelligence (SSI), co-founded by former OpenAI chief scientist Ilya Sutskever, secured $1 billion to develop advanced AI systems.

• SSI plans to focus on building a small, highly trusted team split between Palo Alto, California, and another city.

• The company’s valuation is reportedly $5 billion, despite a general decrease in interest in funding AI startups.

SSI’s focus on developing safe superintelligent AI highlights growing concerns about AI safety and the potential risks posed by AI systems that surpass human intelligence. The significant funding and involvement of top investors indicate the continued belief in the transformative potential of AI, despite industry challenges.

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My Mind: Your Digital Memory

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$500 for Canva? AI Tools to Blame

Canva Subscription Prices to Increase Significantly Due to AI Features

• Canva Teams users will see subscription prices increase by over 300% in some cases.

• U.S. users could face a price hike from $120 to $500 per year, with a 40% discount available for the first year.

• Australian users will also experience significant price changes, with per-user costs increasing by at least 68%.

This price hike marks a major shift for Canva, which was previously seen as an affordable alternative to pricier design software like Adobe. The increase, driven by the integration of advanced AI features, could push users to reconsider their subscriptions, potentially impacting Canva's user base and market positioning.

Top Rated AI Tools

Videco: Make every video a conversation with personalized AI

PR-Agent: AI-powered chat & code review

Sticky!: Your notes in the browser

Scratchpad: Quick notes, always available

GPT Builder Tools by Top Road (YC W22): Monetise your GPTs with in-chat payments in the OpenAI Store

BYTE-SIZED NEWS | TOO HOT TO MISS

Altera's Project Sid has successfully simulated over 1,000 autonomous AI agents working together in a Minecraft world, where they created their own economy, culture, religion, and government.
Check it out

How to Find Viral Clips with Canva’s ‘Highlights’

Canva's ‘Highlights’ feature uses AI to automatically pick the best moments from your long videos, saving you time on editing and improving your content.

Here’s how to use it:

1. Open your video in Canva’s editor (you'll need a paid subscription).

2. Click "Edit video" in the top menu, then choose "Highlights" under the Tools section.

3. Let the AI analyze your video and create highlight clips.

4. Review the suggested highlights and pick the ones you want to share on Instagram, TikTok, and YouTube Shorts!

👋THAT’S A WRAP

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