Daily Digest: Perplexity's Dilemma - Ads or No Ads

PLUS: Amazon saves big time

August 23, 2024

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Here’s what we have today;

Amazon’s coding agent Q is saving $260M in annualized efficiency gains. It slashed upgrade time from 50 developer days to just hours, saving an estimated 4,500 developer-years. In 6 months, 50% of Amazon's Java systems were upgraded, with 79% of auto-generated code reviews shipped unchanged. INSANE!!
Perplexity AI plans to start running ads in Q4 of 2024. They're not messing around with pricing, either. Word on the street is they're gunning for $50+ CPM—way higher than typical display ad rates.
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We’ve been loving the events—seeing experts in action using AI in their work. A quick peek at the ones we’ve got lined up:

Build & deploy an AI-powered digital marketing strategy on 10th September.
How I use AI as a creative tool on 11th September with Dan Shipper
How and when to use AI for sales and RevOps on 17th September.
Personal AI agents for everyday workflows on 18th September.
How to bulk-use AI in spreadsheets for fun and profit on 24th September.
AI-powered storytelling: How to craft your company's 'Why' and 'What' on 25th September.
Practical multi-agent automations with crewAI on 8th October.
AI-powered workflows for marketers on 9th October.
Building custom GPTs from training calls to streamline team knowledge on 16th October.
How to use AI to write copy like David Ogilvy on 30th October.

Hexus AI - Your AI creator for engaging product demos & docs.
Kraftful - Get insights to build products people love.
Wapoo - Style transfer your video into AI art.
Paperguide - Discover, read, write and manage research with ease.using AI.
Claude gets latex rendering to display math equations.
ElevenLabs is making their models cheaper and allowing credits to roll over.
Google AI Studio gets a prompt gallery with few dozen examples.

Soon after getting back to Google, Noam Shazeer becomes co-leader of Gemini.
Leveraging AI for efficient incident response.
How we built Townie - An app that generates fullstack apps.
Technology adoption in professional services - A report by Harvey AI.
Cursor AI raised $60M from a16z and programming legends.

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6k+ AI company funding rounds from Jan 2022, including investors, amounts, stage etc (3 referrals)

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