The Deep View - ⚙️ r1

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Good morning. Meta's leap into deeper AI integration has paid off, pushing revenue up 27% to $36.46 billion. Despite these gains, Meta's plan to double down on AI spending has investors jittery, with a weaker sales forecast sending shares tumbling over 12%.

In today’s newsletter:

🐰 Exploring the Rabbit R1: A New Entrant in AI Gadgets Offering Fun with a Side of Function

🔍 CMA Reviews Microsoft and Amazon AI Deals for Competitive Impact

❄️ Snowflake Introduces Arctic LLM for Optimized Enterprise Workloads

🚀 Nvidia Acquires AI Optimization Firm Run:ai for $700 Million to Enhance DGX Cloud Platform

❓️ Misc:

Drake threatened with an AI lawsuit (link)

Adobe’s new image generator 🤯 (link)

Siri-GPT soft launch 👀 (link)

📊 Funding:

Rivos raised $250M to create an accelerator for generative AI and data analytics workloads (link)

Mentee Robotics raised $17M for its humanoid robot, MenteeBot (link)

💰Jobs in AI:

AI + Innovation | Consulting and training: Global Entrepreneurship Alliance · New York, United States · Remote (Apply here)

AI Prompt Creator (REMOTE): TEKsystems · Menlo Park, CA · Remote · Contract · Entry-level (Apply here)

Data Annotator: VARITE INC · United States · Remote · Contract · Mid-Senior level (Apply here)

TOGETHER WITH ZETTE

ROUND CLOSING TOMORROW: This Harvard-Founded AI Startup Grew 5x in 2023 (Last 24 Hours to Invest)

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Rabbit R1: A Glimpse into the Funky AI-powered Gadget

A Quirky Introduction to AI in Your Pocket

The Rabbit R1 has burst onto the scene with a vivid splash of "leuchtorange," offering a fun and funky alternative in the realm of AI gadgets. This device is positioned more as a playful companion than a high-tech powerhouse, reflecting a trend toward gadgets that blend lifestyle and technology with a touch of humor. Here’s how a day in the life with r1 looks👇️ 

Performance and Capabilities: Hits and Misses

From a practical standpoint, the r1 blends familiar features with new twists. Its hardware may remind you of a mid-range Android phone, but its functionality—like spinning its camera for dual-facing operations—adds a layer of innovation. Users can interact with basic AI capabilities such as fetching information and music playback, delivered through a charming interface that features a bouncing rabbit-head logo when active. However, the device comes with its set of limitations, notably in-app integration and advanced tasks, which could leave tech enthusiasts wanting more from their $199 investment.

Future Promises and Current Realities

The launch event, filled with promises and demonstrations of the R1's potential, highlighted the ambitious roadmap laid out by Rabbit's CEO, Jesse Lyu. Yet, the current iteration of the R1 feels like just the beginning. As users explore its features, from music playback on a subpar speaker to AI-driven object recognition, the gaps in its capabilities become apparent. The device's playful design and basic AI integration are promising, but it remains to be seen if future updates will fully realize the visionary features touted at its flashy debut.

TOGETHER WITH BRIGHTDATA

Tired of getting blocked and rate-limited when trying to scrape web data for your AI project?

This Fireship video demos how they use Bright Data's Scraping Browser together with Playwright and ChatGPT to do some pretty advanced web scraping from Amazon. This process could easily be applied to a wide variety of AI web scraping projects.
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The Scraping Browser includes powerful unlocking tools like proxy rotation and cooling, CAPTCHA solving, browser fingerprinting, automatic retries, and more — so you can easily get the data you need.
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​Try it for free here — and see why companies like Microsoft and McDonald's are using Bright Data to collect the data they need.

🔍 UK CMA Investigates AI Partnerships Involving Microsoft and Amazon

The UK's Competition and Markets Authority (CMA) has initiated a review of AI partnerships and staff hiring involving major tech companies such as Microsoft and Amazon. The CMA is collecting input from third parties to assess whether these collaborations with Mistral AI, Anthropic, and Microsoft's hiring of Inflection AI staff comply with UK merger rules and what impact they could have on competition within the UK market. This inquiry represents the initial phase of a broader examination into these corporate relationships.

❄️ Snowflake Unveils Arctic LLM, Aims for Enterprise AI Leadership

Snowflake has released Arctic LLM, an enterprise-focused generative AI model optimized for tasks like generating database code. The model, free for research and commercial use under the Apache 2.0 license, performs better than similar models in coding and SQL generation. Developed with significant resources, Arctic LLM operates efficiently due to its mixture of expert architecture, activating only a subset of its total parameters for specific tasks. Snowflake plans extensive support for Arctic LLM across multiple platforms, emphasizing its integration with Snowflake’s Cortex platform for enhanced security and scalability.

🚀 Nvidia Bolsters AI Management Capabilities with $700M Run:ai Acquisition

Nvidia has finalized its acquisition of Run:ai, an AI workload management startup, for $700 million. Run: AI, known for its platform that optimizes AI hardware infrastructure, will integrate into Nvidia's DGX Cloud AI platform, enhancing Nvidia's offerings with advanced AI workload management capabilities across various computing environments. This move marks Nvidia's significant investment in facilitating efficient AI model training and deployment for its customers, following their previous major acquisition of Mellanox in 2019. Here’s a look at what Nvidia bought ⤵️ 

☹️ 

Will you marry us?

*Indicates a sponsored link

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A meme before you go 👇

That's a wrap for now! We hope you enjoyed today’s newsletter :)

We appreciate your continued support! We'll catch you in the next edition 👋

-Bot Buddy and The Deep View Team