In today’s newsletter:

• News - 🤯 AI Now Writes 25% of Google’s Code

• Productivity - 🎮 Capture & Share Your Best Gaming Moments with AI

• Culture - ⚖️ Downey Jr. Vows to Sue Marvel Over AI Iron Man

  Check out our Meme of the Day at the bottom of the newsletter for your daily dose of AI-powered humor!

🤯 AI Now Writes 25% of Google’s Code

More than 25% of Google’s code is now crafted by AI—and CEO Sundar Pichai says this is just the beginning. During Alphabet’s recent earnings call, Pichai shared how the tech giant’s AI advancements are reshaping its operations, with AI not only coding but also driving productivity and efficiency. This is already paying off: Alphabet reported a strong Q3 performance, outpacing analysts' expectations, largely thanks to its booming cloud segment, which saw a 35% revenue increase over last year as AI offerings brought in new enterprise clients.

Alphabet’s AI impact extends beyond the cloud. For the first time, YouTube's ad and subscription revenue surpassed $50 billion over the past four quarters, complementing Google Search’s impressive $49.4 billion earnings. AI has become a game-changer in search as well, with new features resonating particularly well with younger users. Meanwhile, Alphabet’s headcount is down by over 1,000, as the company refines its workforce to prioritize AI-driven innovation. CFO Anat Ashkenazi emphasized that AI will streamline operations further, creating flexibility for capital allocation into promising new ventures.

🗞️ In Other News…

• Microsoft reported strong growth in its cloud business, fueled by heavy AI investments, with Azure revenue up 33% and total revenue reaching $65.6 billion, surpassing expectations.

• Meta reported a 35% profit surge in Q3, driven by AI advancements across its platforms, surpassing earnings expectations with $40.59 billion in revenue, while signaling increased spending for further AI infrastructure in 2025.

• The Animation Guild's contract has been extended to Dec. 2 as negotiations with producers continue over AI protections, pay, and job security for its 5,000 members.

• Musk's AI chatbot Grok shows promise in analyzing medical scans and improving diagnostics, but experts stress it must prioritize accuracy, ethical oversight, and patient safety to support, not replace, human expertise.

• OpenAI is developing an in-house AI chip with TSMC and Broadcom, targeting a 2026 release, while also expanding its use of AMD chips via Microsoft Azure to reduce reliance on Nvidia amid chip shortages and rising costs.

🎮 Capture & Share Your Best Gaming Moments with AI

Framedrop is an AI-powered platform designed to help content creators capture and share top moments from their streams quickly and easily. With just a stream link, Framedrop’s AI analyzes and extracts the best highlights, adding captions automatically and organizing clips in a central hub for easy access. No software download is needed, so users can enjoy a streamlined, high-performance experience while creating engaging content for social media.

Compatible with popular games like Apex Legends, Valorant, and Call of Duty: Warzone, Framedrop simplifies sharing gaming highlights on platforms like TikTok, YouTube Shorts, and Instagram Reels. Its free and premium plans offer flexible options for creators, including professional-grade features like customizable exports and collaboration tools. Framedrop’s user-friendly design and diverse content support make it ideal for gamers, vloggers, and podcasters looking to reach larger audiences with minimal editing effort.

⚖️ Downey Jr. Vows to Sue Marvel Over AI Iron Man

Robert Downey Jr. isn’t afraid to lawyer up—even after he’s gone—if Marvel ever uses AI to recreate his iconic Tony Stark character. On Kara Swisher's podcast, Downey humorously pledged to “sue all future executives” if they attempt an AI version of him, confident current Marvel leaders wouldn’t cross that line. The discussion emerged amidst rising concerns in Hollywood over AI’s impact on performers, with ongoing strikes and California’s recent law requiring actors' consent for AI recreations even posthumously.

Downey’s stance aligns with recent union moves, including SAG-AFTRA’s push for AI protections, spurred by last year’s TV and film strikes. Now starring on Broadway in McNeal, a play exploring AI, integrity, and creativity, Downey continues to question tech’s reach in the arts. He’ll also reappear in Marvel as Doctor Doom in Avengers: Doomsday in 2026, marking a return to the MCU on his terms.

VC Fundraising Rounds

• Ana, a global leader in applying AI to enterprise knowledge, has announced a $55 million investment round at a $500 million valuation. (10/30/24)

• Pathos AI, a Chicago-based startup, has closed a $62 million Series C round to continue its search for promising Phase 1 cancer drugs to acquire and test. (10/29/24)

• Aignostics, a global AI company specializing in converting complex multi-modal pathology data into impactful insights, announced it has raised $34 million in Series B funding. (10/29/24)

• Reflexivity, an AI solutions provider for the investment industry, has raised $30 million in Series B funding. (10/29/24)

• EvoluteIQ, an AI-driven business automation platform based in Stockholm and London, has raised $20 million (around €18.5 million) through a mix of equity and debt funding. (10/29/24)

Meme of the Day

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