The Latest in AI and Tech: Insights from OWITH.ai

OWITH.ai - Only What's Important to Hear around AI and Tech

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.In Q2 2024, venture capitalists invested $6.7 billion in mobility tech, marking a 13.9% increase in deal value quarter over quarter. The sector was led by autonomous driving startups, with big-name investors like Nvidia participating in high-profile deals. Despite the spike in deal value, the number of deals in the mobility tech sector was down year over year. Autonomous driving has been dominating headlines, with companies like Waymo and Zoox making progress, but also facing scrutiny over safety concerns. While autonomous driving has been a hot topic, the market for underwater drones is also growing and is expected to reach $15 billion by 2032.Data Sheet is celebrating its 10th anniversary by giving the newsletter a makeover to deliver quick and smart reads on the biggest tech stories every morning. The newsletter aims to keep readers engaged with a mix of humor and important tech news. Apple may drop a lawsuit against Israeli surveillance company NSO Group, and Waymo is expanding its autonomous vehicle service with Uber to Austin and Atlanta in 2025. Y Combinator will double its annual cohorts to four starting in 2025, and OpenAI, despite being a nonprofit, is changing its corporate structure. 23andMe settles a lawsuit for $30 million after a data breach affecting 6.9 million customers.The text discusses various topics including the importance of business leaders finding common ground, the need for humanizing business, the impact of mental health on leadership, and the value of creating connections in the workplace. It also touches on the struggles of entrepreneurship in China, questions for presidential nominees regarding tariffs and antitrust enforcement, and OpenAI's new AI model.OpenAI has been continuously releasing prototypes and previews of AI products, with a focus on the O1 series of models designed to improve reasoning abilities for complex tasks in science, coding, and math. However, concerns have been raised about the increasing number of unfinished and not readily available products from OpenAI, as well as doubts about the actual impact and effectiveness of these models in practice. The company is facing challenges in securing funding and adapting to the evolving AI landscape, with criticisms about their marketing strategies and ability to deliver on ambitious goals.

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