Dear industry leader, here’s your 3-minute recap (without the fluff):
Google sets internal goal to build the world's most advanced AI by 2024
Google’s two top scientists in talks to form Paris-based AI startup
Meta’s plan to develop revolutionary AI features for its products
New tools, funding updates & job postings
🗞️ News
Google’s 2024 goal
Google has set an internal goal to build the world's most advanced, safe, and responsible AI by 2024. It aims to deliver the most trusted products while cutting costs.
Google is currently integrating AI into existing products like business apps, smartphones, and search, it wants to create a standalone success like ChatGPT.
New AI startup
Two scientists from Google's DeepMind, Laurent Sifre and Karl Tuyls, are in talks to leave and form their own AI startup in Paris.
The new company, currently called Holistic, could focus on building a new type of AI model. Holistic already has potential investors who want to invest over €200 million.
Meta’s business plan
Mark Zuckerberg announced that Meta's new goal is to build artificial general intelligence (AGI). He believes that building AGI will help Meta create more advanced AI features for its products and apps.
Meta has significantly increased its investments in AI hardware like GPUs, giving it massive computing resources for AI research compared to other companies.
The trend is clear: Innovators who built on OpenAI are hungry for alternatives as their LLM-powered apps catch fire with users. Why?
Inference costs on OpenAI are too high for new apps to become successful businesses, especially for the fine-tuned models.
Low latency and scale don’t come out of the box unless you can commit hundreds of thousands upfront to OpenAI. Not realistic for most folks.
Closed-sourced models lack the flexibility needed to orchestrate the cocktail of checkpoints, embeddings, etc., that deliver excellent experiences.
OctoAI is the fastest, most affordable option to run Mixtral 8x7B, and the engineering effort to switch is negligible as the API formatting is the same as OpenAI. Customers making the move see comparable quality, 12x savings, and 30% lower latency when switching from GPT-4-Turbo.
🛠️ Tools
Surfer - Helps in the SEO process that can enhance your organic traffic, amplify your online presence, and enhance your search engine ranking. (link)
Humanlinker - Assists sales teams book more meetings with high-quality data insights. (link)
📚 Resources
Why we must leave no one behind in the AI revolution (link)
4 questions to assess the trustworthiness of your company’s GenAI (link)
Microsoft wants consumers and small businesses to use its AI tools, too (link)
Jayson Waller talks about the benefits of using AI to further your business (link)
Harnessing AI's full potential: 5 adoption essentials for enterprise success (link)
P.S. You can still get The Ultimate ChatGPT Toolkit (no email opt-in).
✅ Daily AI Challenge
Which potential benefit of using AI-powered employee engagement tools is LEAST likely to contribute to reducing employee turnover?
💰 Funding
Quantinuum raises $300M at $5B valuation, led by JPMorgan Chase, reflecting growing investor interest in quantum technology (link)
Vicarius raises $30M to expand AI-powered vulnerability remediation (link)
💼 Job Board
Senior Embedded Machine Learning Engineer at Flock Safety (Remote)
Senior Sales Engineer at OctoML (Remote)
Principal Consultant at Red Hat (Remote)
🤖 Prompt Tutorial
Bounce Rate Benchmark
Analyze [website] and find out what is a good bounce rate for [website]? And how to improve it.
website = [Insert here]
That’s all.
Stay curious, leaders!
- Mr. Prompts
PS. If you missed yesterday’s issue, you can find it here.
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