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welcome to the season of change đ
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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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 confirmedâlet's see what we get our hands on.
Here are this weekâs 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 Telegramâs founder's arrest in France, OpenAI agreement to launch new models, Nvidia earnings report and more.
As always, weâre using this space to provide you with the latest product updates and relevant industry news in the shortest form possible.
Letâs go! - @getenzyme
IN THE SPOTLIGHT
What are the top 100 generative AI consumer apps?
AI-powered apps are sprouting up at a dizzying paceâsometimes 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, hereâs the leaderboard of the top 5 AI-first web products:
ChatGPT
CharacterAI
Perplexity
Claude
Suno
And when it comes to monthly active users, these are the top 5 AI-first mobile apps:
ChatGPT
Microsoft Edge
PhotoMath
NOVA
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 servicesâfrom content creation to dating assistantsâare poised to become an integral part of our daily lives.
IN THE SPOTLIGHT
The latest developers' sweetheart is called Cursor
Cursor, developed by Anysphereâa cutting-edge research lab focused on human-AI systemsâushers 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.
Future be like tab tab tab
â Andrej Karpathy (@karpathy)
4:08 AM ⢠Aug 26, 2024
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, âthe future of programming is English,â and Cursor is the magical tool set to write the worldâs code.
SUBSTRATES
What else is happening?
WEB3
Telegramâs founder, Pavel Durov, was arrested in France and charged with multiple offenses related to Telegramâs lack of moderation, causing the price of $TON to plummet.
PayPalâs 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 âAmerica Firstâ 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
Perplexityâs 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 OpenAIâs future models.
Meta introduces Sapiens, AI models designed for human-centric vision tasks.
FROM THE REPOSITORY
Check this out!
Walmartâs approach to web3 [link to podcast] đ§
Who are the most funded AI chipmakers? [link]
A thread on how to stay safe in crypto. [link]
Use now or save for later:
Visual of the week: Top 10 emerging technologies in 2024.
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SCOOPS OF THE WEEK
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EXTRA READS
And thatâs it for the week - not so short but sweet.
Keep on building!
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