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Thursdayโs top story: Microsoft has withdrawn its observatory seat on OpenAIโs board, with immediate effect.
๐ค๏ธ This Morning on AI Tool Report
๐ Microsoft's shock exit from OpenAI
๐ฉ How to organize your inbox with AI
๐ฑ Samsung copying Apple?
๐๏ธ How to create documentation with AI
๐ How to conduct a brand audit with ChatGPT
๐ฏ Amazon reveals no-code app tool
Read Time: 5 minutes
STOCK MARKETS

๐ฒย Apple pulls ahead of Microsoft in the race to become the first $4T company. Closing the session with a + 1.88% gain, Apple is on a 7-day high. The AI-enhanced iPhone 16 may help them sell more devices. Learn more.

REGULATIONS

Our Report: Eight months after taking an observer, non-voting position on OpenAIโs board, Microsoft has withdrawn its seat.
๐ Key Points:
To explain its withdrawal, in a letter to OpenAI, Microsoft said that itโs seen โsignificant progress by the newly formed boardโ and โno longer believes their โlimited role as an observer is necessary."
However, reports say that Microsoft has actually withdrawn its seat due to growing regulatory scrutiny from competition regulators about whether its partnership with OpenAI is harming fair competition.
OpenAI is grateful for Microsoftโs โconfidence in the direction of the companyโ, but says there will not be any more observer seats, squashing last weekโs rumors about Apple taking such a position.
๐ค Why you should care: Following Microsoftโs $13B partnership with OpenAI, similar partnerships are coming under scrutiny, with the Federal Trade Commission (FTC) looking at the relationship between Anthropic, Google, and Amazon, while the UKโs Competiton Market Authority (CMA) is examining Microsoftโs bond with Mistral and Inflection AI.

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LAUNCHES
๐ฑ Samsung copying Apple?

Our Report: At its โUnpacked 2024โ event, Samsung unveiled new productsโincluding smartphones, smartwatches, and earbudsโand debuted the latest versions of its foldable phones: The Galaxy Z Fold 6 and Galaxy Z Flip 6, and theyโre all packed with AI features.
๐ Key Points:
โAIโ was mentioned 25 times in the new device announcements, with a key update coming from Googleโs Gemini, which is powering โCircle to Searchโ, allowing users to search by circling words, images, or videos.
Other AI features announced include a note feature that transcribes, translates, and summarizes voice recordings, a PDF translation tool, and a writing tool that โreflects your tone by analyzing previous content.โ
The additions from Googleโs Gemini further cement the relationship between Samsung and Google, as they join forces to stand up against their biggest rival, Apple, recently also collaborating on a new Wearable OS.
๐ค Why you should care: Despite buddying up with Google to slow Appleโs dominance, some believe that Samsung has simply copied Appleโs recent product updates, many of which were announced at their Worldwide Developer Conference in June, calling the updates โdisheartening.โ

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Thursdayโs Prompt: How to conduct a brand audit with ChatGPT
Type this prompt into ChatGPT:
โProvide insights into conducting a brand audit to assess our current brand positioning and perception.โ
Results: After typing this prompt, you will get guidance on how to complete a brand audit so you can assess your current position within the market.
P.S. Use the Prompt Engineer GPT by AI Tool report to 10x your prompts.


LAUNCHES
๐ฏ Amazon reveals no-code app tool
Our Report: Amazon has finally thrown its hat into the AI ring by announcing a new toolโcalled App Studioโthatโs built on multiple AI models (including Amazon Titan and Anthropic) and builds enterprise software applications from written prompts, with no coding experience necessary.
๐ Key Points:
Currently only available in preview, users can describe the type of application they need and the data sources they want to use, and the App Studio will write the code, with no need for developer influence.
The system comes with example prompts to help the user build their application (these can be overridden) and details what the app will do, based on the userโs written prompts and description
App Studio is aimed at technical people who lack coding skills but understand what internal software applications they need to build, such as inventory-tracking systems or approval processes.
๐ค Why you should care: Although AI developer tools like this already exist, Amazon says that App Studio is different because itโs incredibly user-friendly, easy to use, and comes with โno learning curveโ unlike similar tools that require users to build up expertise, over time, while using them.

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