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welcome to the season of change 🌀

this week in web3 & AI: Cursor is the new devs' darling, which gen-AI apps are mostly used for real, Telegram's founder arrested in France, OpenAI hints new model and more.

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gm gm,

Fall is usually slow, but with elections around the corner and recent events, it's going to be anything but. On the AI front, rumors of smarter models are finally being confirmed—let's see what we get our hands on.

Here are this week’s top reads for you:

  • a16z report reveals the 100 most popular gen-AI apps on mobile and web.

  • A breakdown of Cursor - the latest developers' darling

  • The latest news including Telegram’s founder's arrest in France, OpenAI agreement to launch new models, Nvidia earnings report and more.

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
What are the top 100 generative AI consumer apps?

AI-powered apps are sprouting up at a dizzying pace—sometimes by the hour. Amidst the buzz of catchy features, hyped launches, and big funding rounds, a16z has compiled a report spotlighting the top generative AI apps that are genuinely gaining traction.

Based on unique monthly visits, here’s the leaderboard of the top 5 AI-first web products:

  1. ChatGPT

  2. CharacterAI

  3. Perplexity

  4. Claude

  5. Suno

And when it comes to monthly active users, these are the top 5 AI-first mobile apps:

  1. ChatGPT

  2. Microsoft Edge

  3. PhotoMath

  4. NOVA

  5. Bing

For the full list of 100 apps across web and mobile, you can dive into the complete report here.

Even more intriguing are the trends a16z uncovered in this third iteration of their report. Aesthetics and Dating have emerged as the latest categories, with tools like LooksMax AI, Umax, and Rizz leading the charge.

The report also highlights the dominance of AI-powered creative tools among consumers, especially in content generation and editing across images, video, music, speech, and more.

In the realm of AI assistants, competition is heating up. While ChatGPT remains a frontrunner, rivals like Perplexity and Claude are inching closer, signaling that this space is increasingly crowded.

AI is evolving at lightning speed, and it's clear that AI-native products and services—from content creation to dating assistants—are poised to become an integral part of our daily lives.

IN THE SPOTLIGHT
The latest developers' sweetheart is called Cursor

Cursor, developed by Anysphere—a cutting-edge research lab focused on human-AI systems—ushers in the future of programming with its AI-powered IDE.

Founded by Michael Truell, Sualeh Asif, Aman Sanger, and Arvid Lunnemark, Cursor revolutionizes coding productivity by integrating advanced AI capabilities.

It helps developers understand code, apply suggested improvements, correct errors, and even generate code from natural language commands.

The tool has attracted a $60M investment from heavyweights like Andreessen Horowitz, Jeff Dean, John Schulman, OpenAI, Perplexity, and the founders of Stripe and GitHub. 

Public endorsements from influential figures, including Karpathy, highlight the belief that 'unassisted' coding is a relic of the past. As Karpathy puts it, “the future of programming is English,” and Cursor is the magical tool set to write the world’s code.

SUBSTRATES
What else is happening?

WEB3

  • Telegram’s founder, Pavel Durov, was arrested in France and charged with multiple offenses related to Telegram’s lack of moderation, causing the price of $TON to plummet.

  • PayPal’s PYUSD reaches a $1B market cap.

  • OpenSea receives a Wells Notice from the SEC for offering unregistered securities on its platform.

  • Babylon has launched its Bitcoin staking service, allowing users to stake BTC and earn rewards.

  • Robinhood Wallet adds support for Solana.

  • Donald Trump introduces the ‘America First’ NFT collection, with each item priced at $99. Holders gain access to exclusive experiences, including virtual meet-and-greets and other Trump-themed perks.

AI

  • Perplexity’s CEO claims the company served over 1 billion queries this summer alone.

  • Anthropic makes Artifacts available to all Claude users and on its mobile apps.

  • Nvidia reports $30 billion in revenue for Q2 2024, 3.8% higher than expected, with shares up 154% this year.

    Additionally, the company introduces NIM Agents Blueprints to simplify the process for companies building their own AI products.

  • Sam Altman announces an agreement with the US AI Safety Institute for pre-release testing of OpenAI’s future models.

  • Meta introduces Sapiens, AI models designed for human-centric vision tasks.

FROM THE REPOSITORY
Check this out!

  • Walmart’s approach to web3 [link to podcast] 🎧

  • Who are the most funded AI chipmakers? [link]

  • A thread on how to stay safe in crypto. [link]

Use now or save for later:

  • Flowith is your AI companion for deep work.

  • Readon is a decentralized content distribution platform.

  • Understand and sign better legal agreements with AI and Tome.

Visual of the week: Top 10 emerging technologies in 2024.

*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

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

Keep on building!

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