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it's either crypto+AI or nothing

your web3 & AI weekly roundup

September 27, 2024 • Read time: 6 minutes

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gm gm,

Welcome to the last week of September, as we gear up for the much-anticipated "Uptober."

While we wait for the elections, Trump made headlines by paying for burgers with BTC, and Kamala Harris gave her first public remarks on crypto and AI.

Meanwhile, Mark Cuban is pushing to replace SEC Chair Gary Gensler, and Zuckerberg’s stance is clear: it’s either AI or nothing.

The fall leaves may be turning yellow, but the market could soon be going green.

As always, we’re using this space to provide you with the latest product updates and relevant industry news in the shortest form possible.

Let’s go! - @getenzyme

IN THE SPOTLIGHT
Everything you need to know from Meta Connect 2024

Meta just wrapped up its two-day event, showcasing the latest in hardware and software innovations.

Zuckerberg revealed that Meta AI now boasts over 500 million monthly active users. It’s clear that Meta is determined to become the go-to for integrating AI into everyday life. In fact, Meta AI can now chat with you—if you're in the U.S., Canada, Australia, or New Zealand, at least for now. You can ask it questions and get responses in the voices of celebrities like John Cena, Kristen Bell, and Keegan-Michael Key, among others.

Here’s a quick rundown of the major announcements:

  • Orion AR Headset: The newest prototype comes in the form of standard glasses, allowing users to interact with 3D holograms. Paired with a wrist-based neural interface, users can perform tasks just by thinking or using hand gestures, along with voice commands.

  • Llama 3.2 Models: The new models include 11B and 90B multimodal versions, along with smaller 1B and 3B text-only models optimized for edge and mobile devices. Powered by Nvidia GPUs, these models seamlessly transition between text and images.

  • Meta's Ray-Ban Smart Glasses: These powerful glasses will let you experience the world in new ways, including real-time conversations in foreign languages. Plus, they’ll be able to remember things for you.

  • AI Studio: Now users can create custom avatars that can engage in full conversations, using their own voice, to interact on their behalf.

Meta also revealed the new Metaquest 3S headset, priced at $299, continuing its competition with Apple’s Vision Pro in the race for cutting-edge consumer hardware. Businesses will benefit from new AI tools for building assistants within Messenger and WhatsApp, enhancing customer support and sales.

In summary, these announcements are just another step toward an AI-driven future, as Meta doubles down on both AI and the metaverse.

And yet, we’re still just getting started.

SUBSTRATES
What else is happening?

WEB3

  • The SEC approves BlackRock's proposal to list and trade options for its spot Bitcoin ETF (IBIT) on Nasdaq.

  • PayPal now allows business accounts to buy, hold, and sell cryptocurrencies.

  • Circle announces the Circle Compliance Engine, designed to help companies build on-chain financial apps while maintaining strict compliance standards.

  • Visa develops VTAP, a platform to help banks test tokenized assets and smart contracts on Ethereum.

  • The Celestia Foundation has successfully raised $100 million to support its modular consensus and data network for developers.

  • Azuki launches Anime.com.

AI

  • Busy week for OpenAI as the team released the Advanced Voice mode for ChatGPT and announced the Academy, while CTO Mira Murati and two top executives are leaving the company. Additionally, OpenAI may shift to a for-profit structure in the foreseeable future, with Sam Altman receiving equity for the first time.

  • Amazon launches Amelia in beta for selected U.S. sellers, a generative AI assistant designed to provide insights, sales data, and support to independent sellers on the platform.

  • Sundar Pichai announces a $120M fund for global AI education during the UN Summit of the Future.

  • Academy Award-winning filmmaker James Cameron joins StabilityAI's board to guide the team's transition into visual storytelling.

  • Google debuts Google Vids, an AI-powered video creation tool for work.

  • G42 joins forces with Nvidia to build a massive climate tech lab in Abu Dhabi.

FROM THE REPOSITORY
Check this out!

  • Feeling optimistic? Here’s an overview of how BTC might respond to the upcoming U.S. elections. [link]

  • This is the only Cursor tutorial you’ll ever need. [link]

  • How does Jensen Huang lead Nvidia? [link]

Use now or save for later:

  • Mercor matches you with remote elite opportunities.

  • Try Sidekick as a consolidation Hub for social, games & beyond.

  • Generate user personas in seconds with Qoqo.

Visual of the week: State of crypto sponsorships by sports

*Shipping amazing products or services in AI or web3? Reach out and get featured for free to your community of over 1k readers.

SCOOPS OF THE WEEK

EXTRA READS

The Guide to Memecoins

From the iconic 'Dancing Baby' of the 1990s to the spotlight of today's Oscars, memes have become an integral part of our daily lives. With their diverse purposes and forms, memes have certainly not ignored the crypto hype.

enzymehq.notion.site/A-guide-to-Memecoins-17eca713716e4c7cac458c0676b305f9

The Need for Better Tools

Web3 is in its early stages, with most tools and infrastructure still developer-centric, but there's a growing need for more user-friendly, no-code solutions to drive broader adoption. Discover how you can be part of the movement that's making Web3 accessible to everyone.

mirror.xyz/0xaB529b5c7234A2d361df2736f8129AB18EACa269/QD8Eb0tRP1rICw9L2_V8nqVamYtArUkgFyrHVjtt8cM

And that’s it for the week - not so short but sweet.

Keep on building!

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