📅 Week 24 Recap: Top stories of the week

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Hi folks!

This is a recap where we gather the most popular stories of the past week from our daily newsletter so you don’t miss any important news.

I wish you a pleasant Sunday, and be sure to keep a look-out for our daily updates during the week 👀.

Have a great Sunday!

//Kris

📅 Top stories of the week

Tesla Sales Soar 52% in US (3-minute read)

Tesla Inc. has reported a significant surge in US sales in the first four months of 2023, marking a 52% increase in registrations compared to the same period last year. The sales boost follows deep price cuts, supporting CEO Elon Musk's strategy of prioritizing volume over profit. Particular growth was seen in the Model Y and Model 3, with a noticeable dip in Model S registrations.

Google Cautions AI Use (8-minute read)

Alphabet Inc. warns employees against using chatbots, including its own AI product Bard, due to potential data leak risk. Confidential information and generated codes should not be inputted into these AI systems.

Google's AI Boosts Ad Placement (3-minute read)

Google unveils two AI-driven tools aimed at optimizing ad placement, leading to enhanced viewer engagement and increased ad impact.

OpenAI Unveils Game-Changing API Updates for Developers (10-minute read)

OpenAI has launched significant enhancements to its language model APIs, such as GPT-4 and GPT 3.5-turbo. These upgrades, including new function-calling capabilities and substantial cost cuts, herald a massive boost for developers.

Insight: This announcement signifies an Industry-wide impact as OpenAI's improvements will likely influence the competitive landscape for language models, making chatbot development more efficient and affordable for developers globally.

Comprehensive Directory of ChatGPT Plugins by Business Edge (4-minute read)

Business Edge has launched a directory of 293 ChatGPT Plugins, categorized and complete with descriptions, demonstrations, and example prompts.

Microsoft Relocates Top AI Talent from China to New Canadian Lab (6-minute read)

In response to increased geopolitical tensions and a risk of local talent poaching, Microsoft plans to move a portion of its top AI experts from Beijing, China, to a new research lab in Vancouver, Canada, potentially affecting 20-40 staff members.

Sequoia Capital Decentralizes into Separate Entities Amid Geopolitical Tensions (7-minute read)

Sequoia Capital is splitting its units across the US, Europe, China, and India into three independent entities due to the increasing complexities of running a global investment business amidst rising geopolitical tensions. This shift is expected to complete by March 2024, with the three firms operating independently under different names and management.