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OpenAI funds, EU AI Act live, Tesla AI chips, Skild’s robot brain

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Top 3 Things in This Week’s Edition

◆ AI Biz: BetterPic’s part-time founder hits $270K MRR
◆ AI News: OpenAI’s $200M fund + Europe’s AI Act enforcement
◆ AI Global Moves: Tesla streamlines AI chips, Skild debuts robot brain

AI Business Idea of the Week

BetterPic – $270K/month with AI photo enhancements
Founder: Ricardo (Part-time creator)
What it does: Using AI, he edits and enhances photos for clients (portraits, professional shots, social media), all automated with tools like Lightroom+AI plugins.
Results: Started part-time, hit $1.5K/month → soared to $270K/month MRR in 18 months.

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Global Weekly AI News (Aug 12th)

🇺🇸 US & Canada

  • OpenAI launches $200M Social Good Fund for nonprofits in healthcare, education, and public services

  • ChatGPT surpasses 700M weekly users — still ahead of Gemini and Claude

  • Mark Cuban says U.S. must keep investing in AI R&D to stay ahead of China

🇪🇺 Europe

  • EU AI Act enforcement begins — public-facing systems must now label all AI-generated content

  • UK government reports outdated power infrastructure is slowing AI data center rollout

🇨🇳 China

  • Baidu prepares to launch ERNIE 5.0 with major upgrades to reasoning and task performance

  • ByteDance eyes global rollout of MiniMax, its commercial-grade multimodal model

🇮🇳 India

  • ET Soonicorns Summit 2025 focuses on AI infra and product-led growth in tier-2 cities

  • Jio launches AI-powered WhatsApp support in 8 Indian languages

🌍 Africa

  • Nigeria pilots voice-based AI diagnostic tools in rural clinics

  • Rwanda opens Google-backed AI Safety Lab to combat bias and misinformation

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Top 5 AI Startup Funding Rounds

Company

Why It Matters

Perle AI

Fast-growing enterprise tools, raised recently

Periodic Labs

Deep AI for biotech R&D, boosted in Series A

August Health

AI-powered senior care tools, scaling quickly

Casap

Fintech AI reducing fraud in payments

Thinking Machines

AGI-focused startup by ex-OpenAI CTO

Top AI Unicorns – This Week’s Movements

Company

What’s New

OpenAI

Launches $200M social impact fund

Anthropic

Claude continues expanding enterprise usage

Databricks

Adds AI assistant features for data analysts

Mistral

Grows open-source LLM capabilities

Perplexity

Expands its AI browser with new features

Scale AI

Secures large government AI contracts

Cohere

Strengthens enterprise model training partnerships

Inflection AI

Grows DeepMind talent pool

Runway

Upgrades Gen-3 Alpha platform for creators

Synthesia

Adds auto dubbing in 40+ languages

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Marco Fazio Editor,
Latestly AI,
Forbes 30 Under 30

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