JPMorgan’s AI For Documents

PLUS: California’s New AI Bills, AI Key For PCs

Dear industry leader, here’s your 3-minute recap (without the fluff):

  • JPMorgan's DocLLM: This AI understands complex documents like invoices and contracts

  • California’s two new bills propose stricter standards for state agencies' AI use

  • Microsoft's Copilot assistant now has a dedicated keyboard button

  • New tools, funding updates & job postings

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🛠️ Tools

Become an AI & ChatGPT genius for free - Join a 3-hour ChatGPT & AI tools workshop (worth $99) at a 100% discount! Click to Register (FREE for the First 100 people). (link)

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ScrapetoAI - Helps to extract data from websites for your custom GPTs. (link)

BeeDone - An application that helps to boost your productivity. (link)

📚 Resources

California Lawmakers Consider AI Regulations (link)

How AI is generating a revolution in entertainment (link)

Forbes: Navigating the future with AI TRiSM for secure innovation (link)

Microsoft’s new AI key is the first big change to keyboards in decades (link)

This company says AI can help design sustainable smart home appliances (link)

P.S. You can still get The Ultimate ChatGPT Toolkit (no email opt-in).

🗞️ News 

JPMorgan’s AI for documents

JPMorgan has introduced a new AI model called DocLLM that is designed specifically for analyzing and understanding documents that contain both text and visual/spatial elements, such as forms, invoices, reports, and contracts.

Unlike other multimodal models, DocLLM focuses only on bounding box information related to layout instead of processing full images, making it more lightweight.

California’s new AI bills

A California state senator has introduced two new bills to establish ethical standards and guidelines for the use of AI by state agencies.

One of those bills would require the state's Department of Technology to develop safety, privacy and non-discrimination standards for AI services, and prohibit the state from contracting with AI companies that do not meet these standards.

AI key for PCs

Microsoft has announced a new AI key on keyboards for Windows 11 PCs. The key will allow direct access to Copilot, Microsoft's AI assistant tool.

Copilot helps with tasks like searching, writing emails, and creating images. It was previously integrated into Office 365 and Microsoft search engine Bing.

Daily AI Challenge

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💰 Funding

Distributional raises $11M seed round led by Andreessen Horowitz to make AI safe, secure, and reliable (link)

Chefaa raises $5.25 million investment to solidify presence in Saudi Arabia (link)

💼 Job Board

Director of Sales Engineering at OctoML (Remote)

Senior Sales Engineer at OctoML (Remote)

🤖 Prompt Tutorial

Engaging Text

Rewrite [text] using the PAS (Pain/Problem, Agitate, Solution) copywriting formula and make it engaging.

text = [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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