AI Mega-Deal Faces Tariff Trouble!

Welcome back, folks.

SoftBank’s bold AI project with OpenAI, called “Stargate,” is running into trouble before it even launches.

A key part of the issue? Rising U.S.-China tensions and worries about future tech tariffs. So, what now?

Let’s dive into the details. . .

Today in the “Incredible AI” world:

• SoftBank and OpenAI Hit Roadblocks

• Google’s New Plan to Back AI Startups

• Saudi Arabia Bets Big on AI Future

• How to Master Video Editing with AI

• 5 New Super-Useful AI Tools

• AI Image of the Day

Read Time: 4 minutes

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Tariff Fears Stall SoftBank-OpenAI Chip Venture:

The ambitious Stargate chip project between SoftBank and OpenAI faces unexpected hurdles as global trade tensions escalate. This $100 billion venture, designed to create specialized AI chips, is now under review as potential tariffs could dramatically increase manufacturing costs.

Things to Know:

• Tariff Fears Cause Delays: SoftBank and OpenAI are hesitating due to growing concerns that the U.S. may impose new tariffs on Chinese-made AI components. This could raise costs and delay production plans.

• Stargate’s Huge Ambition: The Stargate venture was planned as a massive chip-making project to fuel OpenAI’s future models. But geopolitical uncertainties are now forcing SoftBank to rethink timelines and partnerships.

• Search for Alternatives: With Chinese suppliers under scrutiny, the team is reportedly exploring other regions for manufacturing. This shift could complicate logistics but may be necessary for long-term success.

SoftBank’s dream of powering the next wave of AI might still happen, but not as smoothly as planned. This is a clear example of how global politics can slow down AI innovation. Even the biggest players aren’t immune to supply chain and trade pressure.

Google Backs AI Startups with New Initiative:

Google just dropped a major announcement—it's launching a fresh initiative to support early-stage startups building with AI. If you're dreaming of starting an AI company, this could be the golden ticket you've been waiting for.

Things to Know:

• New AI Fund in Play: Google is launching a new fund under Google for Startups to financially support early-stage companies using AI to solve big problems. This move is aimed at helping founders bring AI ideas to life faster.

• Perks for Founders: Selected startups will get access to Google’s AI tools, infrastructure credits, and mentorship from experts. It’s not just money—they’re also offering serious hands-on help to grow your business.

• Focus on Real-World Impact: The initiative is looking for startups that use AI in areas like health, climate, and education. Google wants innovation that makes a real difference, not just flashy tech demos.

This isn't just for Silicon Valley. Google is actively looking for global talent, especially in regions where founders don’t usually get the spotlight or access to top resources. If you're in the AI space or thinking about jumping in, now's the time to move.

Saudi Arabia Launches Ambitious New AI Venture:

Saudi Arabia just entered the global AI race in a big way. Backed by its $925 billion Public Investment Fund, the kingdom has launched a brand-new company to build and develop powerful AI technologies.

Things to Know:

• PIF-Powered AI Ambition: The new company is fully owned by Saudi Arabia’s PIF and aims to position the kingdom as a leader in AI innovation. It plans to build large language models and partner globally to accelerate development.

• Focus on Local and Global Needs: While it’s rooted in Saudi Arabia, the company will serve both domestic and international markets. The goal is to create AI that aligns with the Arabic language and regional values.

• Strategic Vision Ahead: This launch is part of Saudi’s Vision 2030, aiming to reduce oil dependence and boost tech innovation. AI is now officially a pillar in the kingdom’s future economy.

Saudi Arabia isn’t just dipping its toes—it’s diving deep into the AI future. This move could reshape the tech landscape in the Middle East and possibly influence global AI leadership in the coming years.

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- AI TUTORIAL -

How to Master Video Editing with AI:

Traditional video editing can involve a steep learning curve and a confusing interface. But what if you could edit videos by simply editing the text?

Descript is an AI-powered video editing tool that lets you do just that. With Descript, you can edit your videos by editing the corresponding text transcript.

How it works:

• Upload your content: Simply add your audio or video files.

• Transcription: Descript provides accurate transcriptions in minutes.

• Edit with ease: Edit your content just like a text document—cut, copy, paste, and delete. Changes you make to the text automatically update the audio/video.

• Overdub: Need to fix mistakes or add new text? Use Descript’s AI-powered overdub feature.

• Publish and share: Export your content to various formats or share it directly from Descript.

Stop struggling with traditional video editing tools. With Descript, you can create professional-looking videos quickly and easily.

- DAILY POLL AND RESULT -

Today’s Poll:

Vote and find out the result tomorrow.

Yesterday’s Result:

Q) Should AI be responsible for making global financial decisions?

• A) Yes, for stability - 6%

• B) No, it can’t predict all factors - 94% 👑

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- AI IMAGE OF THE DAY -

Golden Light Embraces the Graceful Dancer:

Prompt:

"A vibrant oil painting inspired by the style of Henri Matisse, showcasing a mesmerizing gypsy belly dancer performing on a sun-drenched hillside in Turkey. The dancer, adorned in flowing crimson skirts intricately embroidered with golden threads and shimmering sequins, moves gracefully with a captivating smile under the warm glow of a golden sunset. Rolling hills dotted with olive trees stretch into the background, their forms softened by the diffused light and casting long, warm shadows that enhance the scene's enchanting atmosphere"

Try this prompt in any decent AI image generator and let me know your result.

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