Transforming Trades

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Hello, Titan of Trade!

Welcome to your essential roundup of weekly AI breakthroughs. Let's unravel the future together!

What’s on the cards this week:

• 🤖 Elon Musk Releases Generative AI Chatbot Grok on X

• 💪 Durable Nets $14M for AI Bots in Service Sector Small Business Owners

• 💰 FTC Probes Microsoft's $13B OpenAI Investment

• ✍️ Frontitude: The AI writing assistant for design teams

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Elon Musk Releases Generative AI Chatbot Grok on X

Grok, the xAI generative AI chatbot, has officially rolled out to all X (formerly Twitter) Premium+ subscribers in the U.S. CEO Elon Musk announced that the chatbot with a “rebellious streak” is part of the latest update for the app, with other locations set to receive access to Grok in the near future.

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Durable cements $14M to build bots and other AI tools for small businesses in service industries

Builders, bakers and body conditioners might not be the first trades that come to mind when you think about how AI is transforming how we work. But today a startup that’s building AI-powered business tools specifically for them — and the thousands of other categories that make up the world of small businesses and service industries — is announcing a healthy round of funding on the back of a surge of interest in its products.

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The FTC is reportedly looking into Microsoft’s $13 billion OpenAI investment

OpenAI’s recent drama hasn’t only caught UK regulators’ attention. Bloomberg reported Friday that the Federal Trade Commission (FTC) is looking into Microsoft’s investment in the Sam Altman-led company and whether it violates US antitrust laws. FTC Chair Lina Khan wrote in a New York Times op-ed earlier this year that “the expanding adoption of AI risks further locking in the market dominance of large incumbent technology firms.”

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🛠️ ONE TOOL

Frontitude AI

Write engaging and consistent UX content effortlessly with the power of AI, without leaving Figma.

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Convert & Conquer: Mastering Your Welcome Automation Emails Using Behavioural Science

Simply refer this newsletter to 5 other business owners in your world who you think will find it useful. We're on this journey together, and there's no better time than now to arm yourself and others with valuable insights.

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