French Startup Takes Aim at OpenAI with Moshi

Author

Damon James
July 08, 2024

July 8th, 2024

One of the biggest areas that will be impacted by AI over the coming years is investing. I’ve been using AI-driven trading bots for the last several years to invest my money. I typically make around 10% monthly returns from it.

If you want to learn more about them…shoot me a reply and I’ll get you connected to the team that I use for them.

Read Time: 10 Minutes

Today’s Menu

  • French Startup Takes Aim at OpenAI with Moshi

  • Robinhood’s Crypto Gamble: Revolutionizing Retail Investment or Just Hype?

TODAY IN AI

French Startup Takes Aim at OpenAI with Moshi

French startup Kyutai has introduced Moshi, a real-time AI voice assistant that responds with 70 different emotions and speaking styles. Moshi can listen and speak simultaneously, boasting a 160ms latency, potentially surpassing OpenAI's delayed Voice Mode feature. Kyutai plans to open-source Moshi's research and model soon, with the assistant available for trial on Hugging Face. Launched in 2023 with $324M in funding, Kyutai's team of eight researchers developed Moshi in just four months. This innovation challenges OpenAI's dominance and highlights France's growing influence in the AI landscape.

Today In Crypto

Robinhood’s Crypto Gamble: Revolutionizing Retail Investment or Just Hype?

Robinhood has now opened crypto trading to all 50 US states, plus Puerto Rico and the US Virgin Islands. This means that the app’s 23 million funded users, who are already familiar with its easy-to-use, fee-free platform, can now seamlessly invest in cryptocurrencies.

Here's why it matters: Robinhood’s approach mirrors successful 'round-up for charity' models seen in retail. By integrating crypto trading into a familiar platform where users already have the intention to invest, Robinhood lowers the friction for entry into the crypto market. No new interfaces, no learning curves, and no confusing wallet setups—just straightforward access to crypto investments. This could significantly boost retail participation in the crypto market, leveraging the platform's simplicity and user intent.

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