The Secret Behind a 4-Week-Old Startup's Whopping $113M in Funding Revealed!

Hello 👋

This is The Copilot - the bridge between AI innovations and financial success.

It’s Friday, June 16, and we have seven fascinating topics to cover.

💸 AI Money Flow - Venture Funding Insights

🤯 The Impact Number - McKinsey’s Mindblowing Prediction

💰 Make Money with AI - Product Idea with a Prompt

📰 AI Headlines - News, Research, Products

🔥 The AI Jobs Hotlist

🎨 AI Image of The Week

🌶️ Spicy AI Tweets

💸 AI Money Trail - Venture Funding Insights
June 8 - June 14

• Mistral AI, which is a four-week-old AI start-up, raised $113M.

  • The substantial funding can be attributed to the founders' exceptional expertise in AI; they are former Meta and Google researchers, considered among a select global group of 80-100 experts in AI.

  • Europe’s strong desire to foster AI innovation and compete with Silicon Valley played a significant role in attracting investment.

  • Despite a $262M valuation, the company hasn't developed a product yet. Remember: They are just 4 weeks old!

  • Mistral AI plans to create a sophisticated large language model similar to GPT and launch it next year.

  • We are definitely not in an AI funding bubble 🙃 (Read more)

• Almost $600M was invested across 52 organizations between June 8 and 14.

• Analytical AI raised $1.3M in an SBIR grant to detect foreign object debris. (Read more)
  👉 Remember to explore grant opportunities for your project and startup funding.

🤯 The Impact Number

$6.1 - $7.9 Trillion

McKinsey & Co. estimates AI’s annual potential impact to be between $6.1 - $7.9 trillion.

💰 Make Money with AI - Product or Service Idea with a Prompt

Today’s business idea has me all giddy with excitement.

Emails are the heartbeat of modern communication, especially for businesses.

Sales, deals, collaborations, newsletters - you name it, it’s happening over email.

Imagine offering a service that ensures the emails are not lost in the abyss of spam or promotions.

Freelancers on Upwork charge $100 per hour to help with email deliverability.

Gmail, Outlook - they decide if your email gets the spotlight or the dungeon based on content, emojis, etc. Here are 394 email spam trigger words.

Start by offering services through Upwork or Fiverr.

Then, as the pièce de résistance, develop an AI tool where users enter their email and – bam! – it gives tailored advice and shows the revamped version.

Here is how ChatGPT can help:

• Spam Trigger Analysis

• Content Optimization

• Subject Line Improvement

• Email Variation

Why is this epic?

1. Scalability: Starts as a service and evolves into an AI-powered product.

2. Evergreen Market: Emails aren’t going extinct, and this caters to an endless need.

3. Accessibility: Small businesses and individuals get expert-level help without the $$$.

4. Adaptable: As algorithms evolve, so does our product.

Here is the prompt to get you thinking

Act as a world class email deliverability expert.

I will provide you with an email content body.

You will analyze the body and return the following written in {{tone}}

1. Three different subject line variations. Each subject line should be engaging but should seem as if it came from a contact

2. Updated email body. Make sure to remove all spam trigger words and sentences from the email body.

3. Highlight all the changes you made and give a reason for those changes, especially focus on the changes that will improve email deliverability and open rate.

Here is the email: {{Email Content}}

👉 Even if you don’t start a business, this prompt will ensure your emails land in your contacts’ inbox.

📰 AI Headlines - News, Research, Products

• According to research, ChatGPT outperforms humans in emotional awareness evaluations. (Read More)

• EU Lawmakers pass landmark artificial intelligence regulation (Read More)

• The Beatles will release a final song, using John Lennon’s voice clone using AI (Read More)

• Microsoft is getting ready to offer OpenAI’s GPT models to the US government (Read More)

• Framer launches AI site builder, and people are blown away

• Google launches a new virtual try-on feature for clothes.

🙌 Quick request

This newsletter took me 12+ hours to create. If you found this helpful, I’d love for you to share it with a friend.

🔥 The AI Jobs Hotlist

First things first, none of these jobs are promoted.

In fact, the newsletter does not contain any promoted content.

I’m sharing these jobs since you might find them interesting, or maybe your friend does. Apply or share these with a friend.

Be a CEO.

• AI Founder, Climate Tech, Forum Ventures (Apply)

• CEO | Intrapreneur | Product Manager - Gen AI & Consumer Marketplaces, Launch Factory (Apply)

For the prompt engineers amongst us.

• AI Prompt Engineer, Booz Allen Hamilton (Apply)

• AI Prompt Engineer - Side Hustle Expert, Fud (Apply)

For our technical readers.

• Machine Learning Engineer, Rose AI (Apply)

• Software Engineer, Machine Learning - Generative AI, Meta (Apply)

• Machine Learning Architect, Deloitte (Apply)

🎨 AI Image of The Week

MidJourney 🤝 Creator

Prompt

A dramatic black and white long exposure image of a shipwreck on a beach with moody surreal lighting, rule of thirds, --ar 4:3 --upbeta

Source: Midjourney Discover

🌶️ Spicy AI Tweet