5 things to know in tech this week (5/24)

Hey everybody, it's not tech pastor and you guys already know. Every week I want to give you five things going on in tech to hopefully update you on what's going on in the tech world. Now I want to start with this one update for me is I went to the Enterprise Generative AI Summit in Silicon Valley led by Casco Research. It was phenomenal. My goal is to take this work and apply it to non profits and local church and even give it to you as well. So things coming down the pipeline are absolutely amazing. So here are five things you need to know. What's going on. Number one, let's dive right into it. Record AI funding. This is the biggest week of funding that we've seen in AI since Microsoft invested in OpenAI to years ago. Investors are pouring in money to AI startups and the numbers are crazy. Cor Weave, a company that specializes in AI infrastructure just raised a whopping $7.5 billion. They plan to lease out Nvidia's powerful AI chips. Scale AI is an enterprise tool for data organization and labeling. And they secured a cool billion dollars. The demand for AI solutions is just astronomical. Consumer AI tools so Suno, a music generator announced $125 million in funding so anyone could create music using their AI algorithms on Suno AI linked below. Gamma is an AI presentation helper. They raised $12 million and turns documents and outlines into polished presentation drafts. I love them and they are two of the week. So here's what else is going on. So AG ads on the rise and Artificial General Intelligence, a French company cryptically named h just 40 words on their website raised $220 million in the seed round. Their mission to build Artificial General intelligence or AGI. Even Congress is paying attention to this. Senate majority leaders Chuck Schumer recommended allocating over $32 billion for safe AI development over the next three years. So not just that, but number four, Florida's lab grown meat ban. So Florida Governor Ron DeSantis has signed legislation banning lab grown meat while plant based meats like beyond and Impossible are still allowed. Lab grown meat faces a lot of restrictions. So critics argue that this move could harm for this ecosystem and put the US behind countries like Singapore and China. It's a very contentious decision with a lot of potential confront consequences. So be on the lookout for this when it comes to lab grown meat. And lastly, bricks. So if you haven't heard of Bricks, this Economic Alliance 2001 Jim O' Neill predicted that Brazil, Russia, India, China and South Africa forming bricks would dominate the global economy. In 2050. It's gaining traction. This is happening while we're sleeping. These countries are collaborating on economic initiatives reshaping the global landscape. Now why this matters so much and I want to bring this up the flood of money into AI shows no signs of stopping. But will this bubble burst? And only time will tell if AI truly will transform business productivity on a massive scale. So then Florida's ban on lab grown meat could and the rise of bricks could have far reaching implications on competitiveness and environmental impact. Stay tuned for more. Be on the lookout. Go do your own work on this as well. I want to bring you up to speed on this stuff. There's a lot of stuff happening every single day, every single week. But here's a tool of the week. Gamma App. If you want to make PowerPoints in like 30 seconds that are great, you can use artificial intelligence. They use, I believe, Dall? E and Image to help make all their images. Go ahead and try it out. Gamma App. I'm not an affiliate. I just like using Gamma. So don't forget to like and subscribe and follow. And make sure to share this with someone else. Let them know five things going on and we'll see you next Friday. God bless you.