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- ๐ The AI Agent Economy
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Plus: AI agents act without prompts
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The maker of ChatGPT is now on par with large financial institutions like Goldman Sachs after its latest funding round. Congrats to OpenAI!
What are on FIRE ๐ฅ
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AI INSIGHT
๐กThe AI Agent Economy
Source: Felicis
Recent advances in AI are creating a big change, and we're now moving into a new phase called the agent economy.
Traditional SaaS relies on point-and-click, assigned user models. AI agents flip this on its head, offering automation and more efficient workflows.
Labor budgets are 35 times larger than software budgets. AI agents can integrate into both, driving massive savings and improvements.
Low-margin service industries can now use AI agents to boost efficiency, cutting costs and scaling operations.
Why it matters: We are just starting the agent economy, and AI agents will soon affect every industry and job. Similar to the SaaS and mobile app booms, which took years to fully grow, AI apps are gaining traction. With strong investments and fast innovation, groundbreaking AI apps are already being developed.
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TODAY IN AI
AI HIGHLIGHTS
๐ฅ๏ธ Google shows new Chromebook Plus models featuring quick insert key for AI tools access plus upgraded features for existing devices
๐ OpenAI founding member Durk Kingma announced he's joining Anthropic, reuniting with ex-colleagues, and supporting responsible AI development.
๐ค Accenture partners with Nvidia to train 30000 employees on AI tech about agentic AI systems working alongside humans without needing prompts
๐ค AI agent tasked with managing SSH connection unexpectedly promotes itself to sysadmin, messing up the desktop's boot by applying updates without permission.
๐ฎ NVIDIA releases Unreal Engine 5 plugins for ACE simplifying AI-powered MetaHuman deployment on Windows PCs
๐ฐ OpenAI raises $6.6bn reaching $157bn valuation rivaling Goldman Sachs
DAILY AI FUNDRAISING
Series Entertainment has raised $28 million in a Series A, with backing from Netflix, Dell, and Andreessen Horowitz. The startup uses generative AI to speed up game development through its Rho Engine, aiming to reshape the industry.
AI SOURCES FROM AI FIRE
NEW EMPOWERED AI TOOLS
๐ผ Video SDK 3.0 builds and integrates real-time multimodal AI characters.
โ๏ธ Seamailer sends marketing emails that bring results without limits.
๐ Graphite Reviewer is your high-signal AI code review companion.
โ๏ธ Inbox Zero is an open-source AI personal assistant for email.
โญ Slite is an AI-powered platform for team collaboration and knowledge management.
AI QUICK HITS
๐ฅ Pika Labs launches Pika 1.5 with cinematic video features (Link)
๐ป Microsoft announces AI upgrades for Windows Copilot including new vision and voice capabilities (Link)
๐ Pinterest launches AI tools for advertisers with Performance+ (Link)
๐ Meta releases open-source Segment Anything Model 2.1 (Link)
๐ฐ Character.ai stops AI model development after $2.7bn Google deal (Link)
AI CHART
Imagine you're a startup founder looking for top AI talent, but the cost is staggering
Today, top AI engineers can earn compensation packages of over $1 million, even for non-executive roles. The race for AI experts is reshaping tech compensation, with big companies like Amazon and Google offering huge salaries and equity to attract the best.
Startups face a tough choice: Spend big or miss out on talent that could propel innovation. However, itโs not all about money - AI experts seek access to cutting-edge tools, leadership roles, and meaningful work.
Itโs a delicate game where strategy, culture, and opportunity often outweigh cold hard cash.
AI JOBS
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