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⚙️AI Chronicles: From Existential Risks to Reanimated Histories!

Good morning! This Wednesday, we're traversing the exciting yet challenging landscape of AI, from existential risks echoed by AI giants to the reanimation of history through AI-enhanced photos. We also cover significant AI investments and collaborations globally. Ready to explore the fascinating world of AI? Let's dive in!

In today’s newsletter:

  • 🌋 AI Apocalypse: Genuine Concern or Clever Diversions by Tech Titans?

  • 📸 Reimagine: How AI Transforms Vintage Photos & Ignites Ethical Questions

  • 💰 Baidu Fires Up AI Startups: $145M Fund & Developer Contest Announced! 🚀

  • 🤝 Canadian AI Firm Tenstorrent & LG: Partnership for AI Chips is On!

  • 🤖 Italy’s Big AI Move: State-Backed Fund Sparks Domestic Startup Growth!

  • 🍔 Uber Eats & Serve Roll Out Food Delivery Robots in Major US Cities!


AI Doomsday: A Call to Arms or a Smokescreen?


A chorus of AI experts, academics, tech bigwigs, and public figures have come together to sound the alarm on the existential risk posed by advanced AI. This statement, hosted by the Center for AI Safety (CAIS), puts AI risk on the same level as nuclear apocalypse and pandemics. Big names in the AI world, including OpenAI CEO Sam Altman, DeepMind CEO Demis Hassabis, and AI veteran Geoffrey Hinton, are urging policymakers to focus on mitigating what they're calling 'doomsday' extinction-level AI risk.

This statement seems to be a response to an open letter signed by Elon Musk and others earlier this year, which called for a six-month pause on the development of AI models more powerful than OpenAI’s GPT-4. But this new statement isn't calling for a pause. Instead, it's pushing for risk mitigation and urging policymakers to focus on these existential risks.

However, some critics argue that focusing on existential AI risk is a bit of a smoke screen, drawing attention away from more immediate and tangible concerns. These include issues related to market structure, dominance, and the concentration of wealth and power that's being made worse by AI. These critics suggest that the high-profile focus on existential risk could be a sneaky move by AI giants to divert regulatory attention away from competition and antitrust considerations right now.

So, what does this all mean for us? It's a stark reminder of the delicate balance between the promise and peril of AI. We need to pay attention to these warnings about potential extinction-level risks, but we can't ignore the impacts of AI that are happening right here, right now. We need to work towards a future where AI benefits everyone, not just a select few. And that work starts with addressing the issues of today, even as we prepare for the challenges of tomorrow.


Reimagine: AI Breathes Life into Old Photos, Sparks Ethical Debate


Get ready for a blast from the past, folks! MyHeritage, the genealogy gurus, have dropped a game-changing app called 'Reimagine'. This app uses AI to breathe new life into old photos. It can scan, fix, animate, and even colorize those dusty old snaps, creating a vibrant bridge between then and now. The real showstopper? 'Reimagine' can animate old photos, adding a whole new layer to still images and making history feel alive and kicking.

This tech has the potential to hit us right in the feels. It lets us form a real, emotional connection with our past. Users have shared heart-tugging experiences of seeing their ancestors in color for the first time and recognizing faces in old family portraits. 'Reimagine' is more than just a photo fixer-upper. It lets users play an active role in recreating their family's history and heritage.

But, as with all great power, comes great responsibility. The ability to animate and tweak old photos could lead to a warped view of the past. And creating lifelike animations of our dearly departed raises some serious ethical questions. Despite safeguards to protect user privacy and data, there's always a risk of misuse. This calls for some serious chin-wagging about the ethical use of such game-changing tech.

As we surf the digital wave, 'Reimagine' is a reminder of how tech can deepen our understanding of our past and shape our future. It's an invitation to not just preserve our history, but to engage with it in fresh and meaningful ways. This tool showcases the potential of AI to enrich our connection with the past and highlights the amazing things we can achieve with tech when we use it in thoughtful and innovative ways.


💰 Baidu Launches $145M VC Fund for AI Content Start-ups, Announces Competition for Developers

Chinese tech giant Baidu is setting up a $145 million venture capital fund to support start-ups focusing on content generated through artificial intelligence (AI). Alongside the fund, the company is also launching a competition for developers to create applications based on its ERNIE large language model (LLM) or integrate it into existing products. This move comes in response to the rise of LLMs, triggered by the success of OpenAI's ChatGPT, with about 80 organizations in China having launched their own LLMs since 2020.

🤝 Canadian AI Start-up Tenstorrent Joins Forces with LG Electronics to Develop AI-Powered Chips

Tenstorrent, a Canadian AI computer design company, is teaming up with South Korean electronics firm LG Electronics to create chips for smart TVs, automotive products, and data centers. The partnership will see LG use Tenstorrent's AI chip blueprint to design its own chips, while also considering integrating LG-developed technology into Tenstorrent's products or offering it to future customers.

🤖 Italy Plans State-Backed Fund to Ignite Native AI Startups Amid Rapid Technological Evolution

In an effort to stimulate the growth of domestic AI startups, Italy is planning to launch a state-backed investment fund via state lender Cass Depositi e Prestiti (CDP). The government is looking to strike a balance between human rights and technological evolution while simultaneously fostering the independence of the Italian industry, with an initial fund of 150 million euros (165 million USD) set aside for this purpose.

🍔 Uber Eats and Serve Set to Unleash Food Delivery Robots Across US Cities

Uber Eats in collaboration with Serve Robotics will be deploying 2,000 autonomous delivery robots across major US cities starting from 2026. The AI-powered machines, capable of carrying up to 50 pounds and covering 25 miles on a single charge, will offer contact-free food deliveries, unlocked via a secret passcode given to the customer.


  • Diffusion Art: Web-based, anonymous alternative to MidJourney for creating art. (link)

  • Refact AI: AI coding assistant that combines code autocompletion, refactoring, and chat inside IDE (link)

  • Quiltlabs: AI tool for simplifying financial modeling (link)

Our database of all the best AI tools mentioned in our newsletter:

Have cool resources or tool to share? Submit a tool or reach us by replying to this email.


A manga style depiction of Naruto --ar 16:9 --q 2 --s 750

A hyper - realistic GoPro selfie of early 2000's Johnny Depp on the Pirates of the Caribbean set --v 5.1 --ar 16:9 --q 2 --s 750

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