🤖 OpenAI Acquires Multi

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Welcome back AI enthusiasts!

In today’s AI Report:

• 📊OpenAI Acquires Multi

• 🦾Stability AI’s New Leadership

• 🔬AI Blood Test Predicts Parkinson’s Disease

• 🛠5 Trending Tools

• 💰Venture Capital Updates

• 💼Who’s Hiring?

Read Time: 3 minutes

🗞RECENT NEWS

OPENAI

📊OpenAI Acquires Multi

OpenAI has acquired Multi, a startup developing a multiplayer collaboration platform built for software development teams.

Key Details:

• Multi is a multiplayer collaboration platform tailored for macOS 15 operating systems. It allows real-time project collaboration through shared screens, cursors, and editable documents.

• Multi Co-Founder and CEO Alexander Embiricos explained: “The startup exists to make building together truly multiplayer. By facilitating frictionless collaboration on code, teams can work faster and be more productive.”

• Multi is a startup specializing in the “shared control” of other people’s devices, including co-opting phone apps.

• OpenAI has reportedly been developing AI agents that can autonomously execute multi-step tasks for users.

• Multi’s multiplayer collaboration platform offers a solid foundation for building AI agents that can act autonomously in digital environments.

Why It’s Important:

• The deal is technically an “acquihire” since most of Multi’s team will join OpenAI to integrate and refine Multi for future OpenAI projects.

• AI agents perform tasks, while conversational chatbots like OpenAI’s ChatGPT generate information to help you make decisions.

• While conversational chatbots can perform functions like summarizing documents or analyzing open-ended user queries, their context is limited to the prompting environment.

• In contrast, AI agents can operate autonomously across websites, apps, and data types (e.g., text, image, video, audio, and code).

STABILITY AI

🦾Stability AI’s New Leadership

Stability AI, a once-high-flying startup focused on developing and distributing open-source AI models, recently appointed a new CEO as part of its restructuring effort.

Key Details:

• Stability AI Founder and CEO Emad Mostaque resigned from his role and position on the Board of Directors to pursue decentralized AI.

• His decision followed a string of high-level research member departures and investor pressure from Coatue Management and Lightspeed Venture Partners.

• Mostaque posted on X: “We’re not going to beat centralized AI with more centralized AI.” He also noted Stability AI had a “strange focus on revenue.”

• Former Weta Digital CEO Prem Akkaraju is stepping in as Stability AI’s managing director.

• Stability AI generated less than $5 million in revenue in the first quarter of this year while posting losses exceeding $30 million.

• The startup also owes nearly $100 million to cloud computing providers.

Why It’s Important:

• This leadership transition is accompanied by a fresh funding round led by Sean Parker, an American entrepreneur and philanthropist known for Co-Founding Napster and being Facebook’s first President.

• The restructuring effort could provide the startup a second chance, but given the behind-the-scenes drama, brain drain, and reported financial issues, Stability AI faces several challenges.

🚨Try Stability AI’s Stable Video Diffusion for free here.

🩺 PULSE CHECK

AI RESEARCH

🔬AI Blood Test Predicts Parkinson’s Disease

Researchers from University College London (UCL) and University Medical Center Goettingen (UMG) developed an AI-powered diagnosis tool that predicts Parkinson’s disease.

The AI-powered diagnosis tool examined blood samples of 72 patients experiencing idiopathic Rapid Eye Movement Behavior Disorder (iRBD), a condition known to increase the likelihood of developing Alzheimer’s disease.

The UCL and UMG researchers found that 79% of the patient’s blood samples exhibited the same biomarkers commonly found in individuals with Parkinson’s disease.

The AI-powered diagnosis tool identified molecular markers linked to inflammation and protein degradation. During a decade-long follow-up period, the UCL and UMG researchers observed that 16 of the patients developed Parkinson’s disease.

The AI-powered diagnosis tool predicted Parkinson’s disease up to seven years before clinical symptoms emerged.

🛠TRENDING TOOLS

💵FinTwit is your AI copilot for investing.

🎬revidAI creates viral AI videos in minutes.

🌂Lenso is an AI-powered reverse image search tool.

⚙️Fina creates custom financial management solutions.

💪COACH is an AI-powered career development coach for every learner.

🔮Browse our always Up-To-Date AI Tools Database.

💰VENTURE CAPITAL UPDATES

• OrbitShift secures a $7M Seed Round to help businesses streamline sales.

• Rising Team raises an $8M Series A to advance its employee engagement platform.

• Substrate lands an $8M Funding Round to bring a “Lego blocks” approach to enterprise AI.

💼WHO’S HIRING?

• AMD (Austin, TX): Undergraduate Data Analyst Engineering Co-Op/Intern, Fall 2024

• Apple (United States): Machine Learning (ML)/AI Intern, Summer 2025

• NVIDIA (Santa Clara, CA): Power Optimization and Analysis Engineer, New Grad

• xAI (Palo Alto, CA): Product Web Engineer

• Cresta (New York, NY): Sales Enablement Manager

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PLANNING AND STRATEGY

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📒FINAL NOTE

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