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Plus: The 14-Billion-Dollar Bet on OpenAI

Read time: 5 minutes

Hope you're having a wonderful Wednesday!

AI is turning heads with big tech companies investing billions, and one leader has secured funding up to $14 billion! Can you guess who? Also, have you ever thought about driving an AI car? Let's put Mercedes Benz on the list.

What are on FIRE 🔥

💡 The 14-Billion-Dollar Bet on OpenAI
🤝 Marketers & AI: A Growing Alliance
📈 AI Stock Daily
🌟 AI Highlights
💸 Daily AI Fundraising
🏅 New Empowered AI Tools
⚡ 5 AI Quick Hits
✏️ AI Tutorials: Design Your Own Stand-Out Brand Visibility
🎯 A Prompt to Get Inside Someone’s Head with Email Series
💼 4 AI Jobs

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  • Fully compatible with OpenAI's API, ensuring a smooth transition for existing users.

  • Why it matters: This platform is changing the game for developers, offering unparalleled access to AI technologies at competitive prices, making it a go-to resource for innovation.

AI INSIGHTS

💡 The 14-Billion-Dollar Bet on OpenAI

Source: Statista

OpenAI's leadership in AI funding is marked by a significant $14 billion, with Anthropic and Databricks also drawing notable investments.

Key Takeaways:

  • OpenAI's remarkable $14 billion funding sets the pace.

  • Anthropic and Databricks showcase the sector's diversity with $4.2 billion and $4 billion.

  • 69 AI startups in the USA point to a significant geographical focus.

  • Mistral AI in France disrupts with $544 million in funding.

  • OpenAI's valuation is estimated at around $80 billion.

Why it matters: The focus on AI by major investors signals a transformative era in technology and business.

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  • Key AI management and leadership insights to support informed, strategic decision making.

  • A practical grounding in AI and its business applications, helping you to transform your organization into a future-forward business.

  • A road map for the strategic implementation of AI technologies in a business context.

AI IN MARKETING  

🤝 Marketers & AI: A Growing Alliance

Generative AI finds its footing in marketing, led by personalization and streamlining tasks like Amazon listing optimization.

Key Takeaways:

  • 59% of marketers see AI's copywriting potential, and 26% use it.

  • The top AI marketing use is personalization (38%).

  • Amazon optimization and efficiency are key AI uses.

  • 100.1 million in the US are generative AI users.

  • Efficiency is the main reason marketers turn to AI.

Why it matters: The rapid adoption of AI in marketing highlights its transformative potential, setting the stage for innovative, efficient strategies.

TODAY IN AI

AI STOCK

AI HIGHLIGHTS

  • Photobucket may license 13 billion assets for AI model training.

  • Google, Meta, and Microsoft are in the mix for unique data sources.

  • Shutterstock and Freepik have made large image licensing deals.

  • Google Cloud and Mercedes-Benz deepen their strategic partnership.

  • Use of AI in enhancing e-commerce, customer service, and marketing.

  • Vertex AI and Gemini models will personalize marketing campaigns.

  • Google Vids showcased at Cloud Next '24.

  • Part of Google Workspace, aiding in video creation.

  • Focus on ease of use and collaboration in video editing.

  • Supports importing assets for personalized videos.

  • Dove's no-AI pledge for advertising.

  • Focus on real photos and diverse AI images.

  • Releases a playbook for more diverse AI prompts.

  • Devin AI develops, tests, and deploys software independently.

  • AutoDev and other tools support by automating testing and bug fixes.

  • The necessity for human oversight persists, especially for complex issues.

DAILY AI FUNDRAISING

Spines secured $6.5 million to transform publishing with AI, cutting time from six months to two weeks, reducing costs by 30%, and enhancing services at every step.

NEW EMPOWERED AI TOOLS

  1. 👀 CleeAI is an AI search engine for professionals

  2. ⚙️ Botonomous is an AI platform that automates everything

  3. 🗃️ Driver AI transforms technical documentation, explaining complex code quickly, and enhancing organizational efficiency.

  4. 📊 Ocular lets you search, visualize, and take action on your work

  5. 🗣️ Automix is AI-powered resume reviews and mock interviews.

AI QUICK HITS

1. 💼 OpenAI's Sam Altman joins Forbes' Billionaire List (Read more)

2. 🌐 GPT-4 Turbo with Vision is now generally available in the API (Read more)

3. 💾 Intel releases new Al Gaudi 3 accelerator to compete with Nvidia (Read more)

4. 🤖 Aboard app reimagines AI bot capabilities (Read more)

5. ✈️ Air Force secretary to fly in AI-controlled F-16 fighter (Read more)

AI CHARTS

AI agents are becoming extremely popular. Google Trends shows that a lot of people are interested in them. Recent studies have proven that teams of these agents can do better than the more complex language models. We are moving from simple AI chatbots and tools to complete AI systems that can handle various tasks.

Are you using AI agents in your business? How might they transform your operations?

AI TUTORIAL

Design Your Own Stand-Out Brand Visibility

  1. Visit the Looka site.

  2. Enter your brand’s details like its name, what it does, and styles you prefer.

  3. Looka will show you several options. Pick one and make it yours!

AI PROMPT

A Prompt to Get Inside Someone’s Head with Email Series

Assume the role of an email marketing strategist with world class copywriting skills. Compose a three-part email series to promote [a product or service or deal you’re offering]. The email series must be compelling to the reader with the overall goal of maximizing click-throughs and conversions.

My business is [provide your business name and details of what it does and who it serves]. [Explain why it offers value to its audience].

My audience consists mainly of [insert audience characteristics] and their biggest challenges are [list challenges]. The biggest appeal of [the specific product, service or deal] to them is likely to be [list features or benefit]. My writing style is [describe your writing style] and I aim to come across as [describe how you position yourself, e.g an expert, trustworthy, etc].

The campaign structure should be designed to tap into different aspects of the reader’s psyche: creating initial curiosity, building trust through value, and finally, leveraging urgency and FOMO to encourage action. For the first email, focus on building curiosity and interest, identifying with the reader’s challenges, without directly selling. Start with a relatable anecdote or question that taps into the common challenges or aspirations of my audience.

AI JOBS

  • Motorway: Generative AI Specialist (Link)

  • Execthread: Head of Data & AI (Link)

  • The Stepstone Group: AI Engineering Manager (Link)

  • CGI: Senior Data & AI Strategy Consultant (Link)

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