🚀 Elon Raised $6 Billion

PLUS: Amazon Fresh Slashes Prices, Cue Health Lays Off Remaining Workers

Dear founder, here’s your 3-minute recap (without the fluff):

  • No more SEO hustle*: Now you can generate leads with AI & build sustainable sales growth.

  • Elon Musk's AI startup xAI raises $6 billion to compete with ChatGPT and other AI giants (link)

  • Amazon, Walmart, and Target slash prices on thousands of items to win back customers after years of inflation-driven price hikes (link)

  • California tech company Cue Health, once worth $2.3 billion, lays off all remaining employees (link)

  • New tools, resources, funding updates & job postings

Presented By

Imagine combining the power of SEO with cutting-edge AI to generate a steady flow of qualified leads, year after year. That's what you get with our service.

  • Focus on what counts: We go beyond traffic and rankings. We track revenue and profits so you see a real return on investment.

  • AI superpowers: Harness the power of AI frameworks, automation, and no-code tools to work smarter, not harder.

  • Relax, we've got this: Let our team become your organic growth engine. You focus on scaling your business with a stream of happy new customers.

Ready to ditch the short-term SEO hustle and build sustainable growth? Fill out the form.

Want to advertise with us? Get started here.

🛠️ Tools

Guidde - Free extension to turn boring documentation into stunning visual guides (link)

Appen - Join us as an AI trainer, evaluate prompt-response pairs, and get paid to learn LLM training (link)

Chatsimple - Get leads like never before for your business which makes you think “what was blocking this?” (link)

Navigator - WebAI’s low-risk tool for building an impactful AI solution. Get early access today.

Growth School - Learn how to research faster, automate tasks & simplify your life using AI with this 3-hour FREE workshop where you learn 20+ AI Tools & more. Register & join now ($0 for First 100)

Kickresume - Scan your resume for issues and see how it compares against other resumes in our database (link)

Afforai - An AI chatbot that searches summarizes, and translates info from multiple sources to produce trustworthy research (link)

Spline AI - A free 3D design software with real-time collaboration to create web interactive experiences in the browser (link)

Beautiful AI - An AI-powered presentation software designed for teams, offering features to stay on brand, automate design, and collaborate effectively (link)

Predis - An AI-powered social media content creation, strategy analysis and hashtag recommendations for brands and influencers (link)

📚 Resources

The single most powerful habit for winning in business for the top 16 founders (link)

12 clear signs that you are destined to be a millionaire (link)

10 creative ads collected this week for you (link)

5 massive updates from Google Maps (link)

PS. If you’re interested in this AI stuff, you should sign up for our other newsletter - Prompts Daily. It has 100,000+ readers (Executives, VCs, and engineers). Sign up with one click.

💰 Funding

Portl raises $3M in funding to expand AI-driven fitness solutions (link)

Artemis raises $1.5M pre-seed funding to automate data cleaning for analytics and AI (link)

💼 Job Board

Senior Campaign Manager at inPowered (US)

Senior Machine Learning Engineer at Tubi (Remote)

💌 Etcetera

The world’s largest lakes

When brains and computers meet

15 best police shows, ranked by IMDb

These U.S. cities have more parking lots than housing

40 common cooking terms to make you sound like a pro in the kitchen

First ‘bilingual’ brain-reading device decodes Spanish and English words

How much energy will new semiconductor factories burn through in the US?

🗞️ News 

Elon Raised $6 Billion

Elon Musk's xAI secures $6 billion in funding for AI supercomputer development, challenging competitors like ChatGPT. The startup aims to accelerate product launches and future tech research. Investors include Andreessen Horowitz and Sequoia Capital. Musk denies previous reports, emphasizing xAI's $18 billion valuation and ambitious AI initiatives.

The funding will help xAI build advanced infrastructure and bring its first products, like the Grok chatbot, to market. Musk has expressed a desire to focus on AI and robotics outside of Tesla, as the company faces a shareholder vote on his $56 billion pay package.

Amazon Fresh Slashes Prices

Amazon Fresh announced plans to cut prices on 4,000 weekly rotating grocery products by up to 30%. The move follows similar discounts by Walmart, Target, Aldi, and Kroger. Retailers feel pressure from weak sales due to high prices.

Price cuts aim to lure back customers and capitalize on increased reliance on groceries. Some argue companies raised prices to increase margins beyond inflation costs.

Cue Health Lays Off Remaining Workers

Cue Health, once valued at $2.3 billion, has announced the layoff of its entire workforce effective Friday, May 24, 2024. The San Diego-based medical tech company, which thrived during the COVID-19 pandemic, has been steadily reducing its staff since January 2023 due to declining demand for its test devices.

The mass layoff comes after the company lost hundreds of millions of dollars over the past two years and received a warning from the FDA about the reliability of its COVID-19 tests.

That’s it for now!

Hope you enjoyed this week’s edition! See you next week.

If you have a second, I’d appreciate it if you left a rating for this email (1-5, 5 being the best).