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Local AI is more effective at addressing key business challenges

Local AI eliminates the need for expensive cloud infrastructure by processing data directly on devices like smartphones, laptops, or servers. This approach allows organizations to maintain total control of their data, enhancing security and boosting performance.

But beyond that, local AI solutions also improve business outcomes. From operational efficiency to cost reduction, from security to support to sales, local AI outperforms cloud AI across the board.

Want to learn more about why local AI users report smoother adoption and higher satisfaction than cloud AI users?

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BEST LINKS

Productivity Tools

• Is credit card debt crushing you? Pay 0% interest until 2026 with this method.

• Polywork - Allows you to convert your LinkedIn profile into a beautiful personal website in seconds with AI.

• Firstbase - Simplify launching and managing your US business online with automated company formation, compliance, and growth tools.

• Klap - Helps to transform YouTube videos into captivating TikToks, Reels, and YouTube Shorts effortlessly.

Useful Resources

• How to use AI for fact checking (link)

• 12 best AI tools for video editing in 2024 (link)

• 7 things you can do with AI beyond just talking to it (link)

• This AI startup is an iron man suit for IT companies (link)

• Everything you need to know about the AI-powered chatbot (link)

• AI for the underdog, here's how small businesses can thrive with AI (link)

• The best AI tools for eCommerce & how they'll boost your business (link)

• Claude AI review: what you need to know, features, pricing, and user reviews (link)

• Does AI need a “body” to become truly intelligent? Meta researchers think so (link)

• How Cursor AI, GitHub Copilot, Devin, and Amazon Q help reduce technical debt (link)

P.S. You can still get The Ultimate ChatGPT Toolkit (free for you)

NEWS UPDATES

Ads In ChatGPT

OpenAI is thinking about adding advertisements to its products. Sam Altman doesn't like the idea of ads and AI together. OpenAI's finance chief said they are considering an ads business model, but want to be careful about where the ads show up.

→ More details about OpenAI

Jeff Bezos Backs AI Chipmaker

AI hardware startup Tenstorrent has raised nearly $700 million in new funding, with Jeff Bezos' investment firm Bezos Expeditions. Tenstorrent plans to use the capital to expand its engineering team and build AI training servers to showcase its technology.

→ More details about Tenstorrent

Image → 3D Scene

World Labs has created an AI system that can take a single photo and turn it into an interactive 3D scene that you can explore on your computer. The 3D scenes look pretty good, though they have a few issues like objects blending together strangely.

→ More details about World Labs

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DAILY AI CHALLENGE

MARKET

💰 Funding

• 9fin raises $50M for an AI-powered analytics platform for debt capital markets.

• Baropharm raised $13.5M in pre-IPO funding to advance its pharmacy management platform.

💼 Job Board

• Client Solutions Associate at Hive (US)

• Machine Learning Engineer at Gusto (Remote)

🐦 Google’s AI Code :

🔮 Mystery Link

Open this, and you could learn anything from how someone built their wealth to managing your team better.

PROMPT TUTORIAL

Cost of Goods Sold (COGS)

Write an estimated calculation for the Cost of Goods Sold (COGS) for a business in the [Business Type/Industry], considering the following: 1) [Product/Service Description] and its production or sourcing process, 2) [Time Period] for which the costs are being analyzed. Include specifics like raw material costs, labor expenses, overheads, and any relevant details unique to the business type.

Business Type/Industry: [Insert here]

Product/Service Description: [Insert here]

Time Period: [Insert here]

AI ART

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