Welcome, humans.

The past two days have been absolutely nuts – think Trader Joe's ultimate trail mix level of nuts. We're in the thick of an AI revolution that's unfolding at an unseen speed. Here’s our promise: we'll keep you at the forefront of AI, FULL STOP.

Here’s what you need to know about AI today:

• ChatGPT-4’s cutoff knowledge is now April 2023.

• OpenAI’s Assistants API lets devs build basic AI agents.

• Meta is banning the usage of AI for political ads.

• Aleph Alpha, a German version of OpenAI, raised $500M.

TLDR: You Should Probably Just Be Using ChatGPT.

ChatGPT was released less than 365 days ago.

A lot has happened since then: thousands of new products launched, and just yesterday, OpenAI announced a whole smorgasbord of upgrades to its models.

(Here’s a peek at some innovative applications already in the making).

If you’re feeling overwhelmed, the new news makes it simple: ChatGPT should be your go-to tool for almost everything.

It’s by far the best AI assistant today, and the “new ChatGPT” from Monday makes it wayyy better than before:

• Knowledge up to April 2023 (vs. Sept 2021).

• Takes up to 300 pages of text in a single prompt (used to have to use Claude to do that)

• Every feature in one (no confusing switching between Advanced Data Analysis/DALL-E 3/web browsing).

• Faster than before (even GPT-4, which used to feel quite sluggish!)

*your weekly reminder to upgrade to ChatGPT Plus*

And once you use it to create images, interpret images you uploaded or analyze data - you’ll see there’s nothing better out there on the market right now.

Developers can integrate all of these features into their own products with APIs, and companies can access these features with enhanced security using ChatGPT Enterprise.

We have no allegiances to OpenAI btw…but real recognize real!

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This API Lets You Build Custom AI Assistants.

Yesterday we chatted about how developers can use OpenAI’s APIs like they’re Lego blocks.

At DevDay, Sam Altman unveiled this super-duper powerful API called Assistants API.

It drastically simplifies the process of building AI apps. Like going from home cooking to getting meals delivered to your door.

The cool thing about this API is its ability to retain the context of conversations and retrieve info from documents with the agility of a Chihuahua snagging a tennis ball.

Definitely check out this demo if you’re a company building with AI.

Around the Horn.

• Figma announced three new AI features for FigJam.

• YouTube is testing AI tools that answer Qs about content, summarize videos, and make recommendations.

• Meta is banning the usage of AI for political ads.

• Microsoft is partnering with Inworld AI to build AI tools for Xbox.

Wednesday Wirings.

1. Aleph Alpha, a German developer of new AI models, raised $500M.

2. IBM is launching a $500M fund for early-stage to hyper-growth AI startups.

3. Black Ore, an AI platform for financial services, raised $60M.

4. Replit, a pair programmer (with AI!), lets employees sell $20M of stock.

5. Wraitwatch, an AI security startup, raised $8M.

We curated the top 27 tools you need for work in our “Top Tools For Business”!

1s and 0s.

“Numbers speak louder than words” — some philosopher (probably).

• 10 minutes: the time it took for two devs to build a “talk to any YouTube video” GPT App.

• 98%: accuracy of OpenAI’s latest retrieval functionality, up from 45% (think way less hallucinations).

• 30K: the number of times Rhode Island’s largest healthcare system used ChatGPT to simplify surgical medical consent.

A Cat's Commentary.

Investing involves risk and past performance is not indicative of future returns. See important Reg A disclosures and aggregate advisory performance masterworks.com/cd