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  • 🌠 Gemini Ultra is here!

🌠 Gemini Ultra is here!

$7 trillion for OpenAI

Plus: Five Truths of Generative AI

Read time: 5 minutes

Happy Friday, AI Fire Community!

In today’s issue, we're talking Google's Gemini Ultra, YouTube's ambitious plans, and even Musk decoding ancient scrolls with AI. To those celebrating Lunar New Year, wishing you a joyous and prosperous Year of the Dragon! Let's dive into the exciting world of AI together.

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📈 AI Stocks Daily

ai-stock-daily

🌠 Google launches Gemini Ultra, its most powerful LLM

google-launches-gemini-ultra-its-most-powerful-llm

Source: Google

Gemini Ultra signifies Google's bold step forward in AI, delivering unparalleled multi-modal capabilities.

Key Takeaways:

  • The service will be a paid experience, available through a new $20 Google One tier.

  • Gemini Ultra will integrate into Google Workspace apps, enhancing Docs, Slides, Sheets, and Meet.

  • Gemini Ultra will support English, with Japanese and Korean to follow.

  • Gemini Ultra 1.0 model excels in text, image, audio, and video benchmarks.

  • Gemini Advanced provides access to the Ultra 1.0 model, part of the Google One AI Premium plan.

  • The launch marks the retirement of Bard, transitioning to the Gemini branding for Google's AI.

Why it matters: Gemini Ultra's launch not only enhances Google's AI suite but also redefines the landscape of AI, offering a glimpse into the future of AI-driven technologies.

🎯 YouTube's Bold 2024 Bets: AI, Studios, and Beyond

youtubes-bold-2024-bets-ai-studios-and-beyond

Source: Youtube

YouTube's 2024 roadmap from CEO Neal Mohan emphasizes AI-driven creativity, enhanced creator support, and audience expansion.

Key Takeaways:

  • YouTube Partner Program has distributed over $70 billion to creators and media companies between 2020-2023.

  • Generative AI is positioned as a key tool for enhancing creative expression and content management.

  • Shorts is averaging over 70 billion daily views, showcasing YouTube's commitment to short-form content.

  • Viewers watch over 1 billion hours of YouTube on TVs daily, emphasizing the shift towards living room entertainment.

Why it matters: By betting on AI, supporting creators, and ensuring platform integrity, YouTube's strategy for 2024 could redefine entertainment norms and foster a safe, creative ecosystem.

F.C.C. Bans A.I.-Generated Robocalls

fcc-bans-ai-generated-robocalls

Source: Youtube

The US takes a firm stance against AI-generated voice robocalls with the FCC's latest ruling, aimed at preventing scams and protecting elections.

Key Takeaways:

  • The Federal Communications Commission (FCC) unanimously ruled against AI voice robocalls.

  • This action targets calls made under the Telephone Consumer Protection Act of 1991.

  • Violators face fines over $23,000 per call, and victims can sue for damages.

  • New Hampshire is investigating AI robocalls mimicking President Biden.

  • Companies can be fined, and service providers blocked for using AI voices in calls.

  • State attorneys general gain new enforcement mechanisms against violators.

  • AI robocalls used in elections highlight the need for bipartisan regulation efforts.

Why it matters: The ban on AI-generated voice robocalls reflects a proactive approach to addressing the misuse of AI in election interference and fraud, emphasizing the importance of technological governance in maintaining democratic integrity.

📜 Musk Fuels AI Discovery in Ancient Texts

musk-fuels-ai-discovery-in-ancient-texts

Elon Musk says he’ll help fund AI tech to decrypt 2000-year-old Roman scrolls

Musk's foundation to finance AI breakthrough in reading ancient Pompeii scrolls.

Key Takeaways:

  • Elon Musk commits to funding AI project to decode ancient Roman scrolls.

  • The Vesuvius Challenge was launched to read unreadable scrolls with AI.

  • A team won a $700,000 prize for using AI to read text of charred scrolls.

  • Musk Foundation to provide funding for the project's next phase. - The project could reveal texts from scrolls buried by Mount Vesuvius.

  • Nat Friedman, a US tech executive, supports the initiative's financial needs.

  • Future funding aims to enable reading of entire scrolls, costing around $10 million.

Why it matters: The initiative, supported by Musk and Friedman, may revolutionize our understanding of ancient cultures, showcasing the vast potential of AI in uncovering the past.

📈 UK Chip Firm Arm rides AI wave

uk-chip-firm-arm-rides-ai-wave

Source: Softbank’s Arm, chip design firm holds IPO at Nasdaq Market site in NY

UK's chip giant Arm sees unprecedented growth from AI demand, bolstering its market cap to £100bn and benefiting key stakeholders like SoftBank.

Key Takeaways:

  • AI spurs Arm's revenue increase.

  • £100bn market cap achieved.

  • SoftBank's shares locked for a period.

  • Outstanding quarterly outcomes thanks to AI.

Why it matters: Arm's success with AI underlines the critical importance of innovation in the semiconductor sector, predicting future industry trends.

The AI Quick Hits

1. 🧠 DeepMind framework offers breakthrough in LLMs’ reasoning (Read more)

2. 🎨 How AI is ‘amplifying creativity’ in the fashion world (Read more)

3. 📡 Iran-backed hackers interrupt UAE TV streaming services with deepfake news (Read more)

4. ♻️ Doing the Dirty Work: Using AI in Waste Management (Read more)

5. 🛒 Shopify Faces Generative AI eCommerce Competition with 10Web (Read more)

6. 🚀 AI Driving Acceleration For Big 3 Cloud Stocks (Read more)

7. 💰 Sam Altman Seeks Trillions of Dollars to Reshape Business of Chips and AI (Read more)

💸 Daily AI Fundraising

Y Combinator-backed AI startup Crux raises $2.6 million in funding. The startup helps B2B SaaS teams build embedded AI copilots faster. It creates AI models that answer questions about business data in plain language along the lines of OpenAI’s ChatGPT.

AI software developer Ezra has raised $21 million in new funding to expand the company's AI-powered technology for full-body MRI scanning into more North American health centers.

🏅 New Empowered AI Tool

1. 🎥 Wondershare Virbo: Virbo enables users to create AI avatar videos.

2. 📸 Artisse AI: Transforming photography using AI.

3. 🗣️ Rely.io: The developer portal with an AI assistant you can speak with.

4. 💻 GPTBots.AI: It enables developers to seamlessly integrate LLMs with their own data and application services, and easily build AI services.

5. 🔍 Zeda.io: AI-powered product discovery for customer-focused teams.

✏️ AI Knowledge: Five Truths of Generative AI

Truth 1: Multi-Model is the Future

  • Enterprises are aggressively adopting multi-model strategies (image, text, audio, etc.).

  • Flexibility is key – avoid overreliance on a single model.

  • Prioritize use cases with longevity that outlast specific model trends.

Truth 2: Hybrid Cloud Deployment

  • Deployment must align with existing workflows, applications, and data locations.

  • Hybrid and multi-cloud environments offer adaptability, improved performance, and address security and compliance concerns.

Truth 3: Governance is Paramount

  • Mitigating bias, avoiding hallucinations, and ensuring explainability are mandatory.

  • Proactive monitoring and robust governance frameworks ensure responsible use.

Truth 4: Strategic Scaling for Maximum ROI

  • Use case selection is critical – focus on tasks with positive ROI potential.

  • Deployment choices (model type, hardware, etc.) significantly impact costs.

  • Identify areas where generative AI can drive meaningful innovation.

Truth 5: Data is the Foundation

  • The adage 'garbage in, garbage out' is especially true for generative AI.

  • High-quality, accessible, and secure data is essential for long-term success.

Mastering these five core principles will place you firmly at the forefront of the generative AI revolution, facilitating data-driven decision-making and driving significant business benefits.

🎯 “Create 10 awesome LinkedIn posts from transcripts” Prompt

[ATTACH OR PASTE YOUR TRANSCRIPT]

Based on the attached transcript file, I want you to write 10 LinkedIn posts using the "Hook-Contrarian-In Reality-Advice-Wrap" framework:

"Hook": 1 strong, declarative sentence to grab the readers attention. It must be less than 77 characters.

Example Hook 1: "If you are building a web3 company, remember this (If you don't want to die a slow death):"

Example Hook 2: "ChatGPT will kill 90% of creators. 5 interesting ways to stand out in 2023:"

Example Hook 3: "Most people suck at hook writing (me included)

Here's a powerful top that changed my content forever:"

Example Hook 4: "The number 1 reason LinkedIn Creators fail:They focus on learning, not executing."

"Contrarian": 1-2 sentences that call out a common misconception on the topic of the article and why it's not true, and then 1 sentence to transition into the "In Reality" part of the post. Shake up the readers worldview with a fact or idea they didn't expect. "In Reality": 1-2 sentences explaining a principle, concept, method, truth, or wisdom on the topic as opposed to "Contrarian" "Advice": 3-5 actionable bullet points of 3-6 words on how the "In reality" advice can be implemented. These should be valuable to the reader. "Wrap": 1 conclusive, strong sentence to sum up the post. Can be a statement, opinion, or question.

Here's an example of a post following the framework:

"Hook": Newsletters are dead, right?

"Contrarian": Wrong! Many assume newsletters are a relic of a bygone era, swamped by the rise of social media, but that's a misconception. It's not the newsletter medium that's failing; it's the outdated approach.

"In Reality": What works now is delivering value-driven content personalized to your reader's interest. A newsletter isn't about pushing your agenda; it's about serving your followers.

"Advice":

"Identify reader interests"

"Personalize your content"

"Provide actionable advice"

"Engage, don't sell"

"Consistency is key"

"Wrap": Want to turn followers into fans? Serve, don't sell. Are you up for the challenge?

Rules:

all your posts need to be based on the attached transcript

all your posts need to follow the tone of voice and language in the transcript

💼 AI Jobs

  • Apple: 151 Machine Learning and AI Jobs (Link)

  • Meta: Software Engineer, Machine Learning Remote (Link)

  • Nvidia: Deep Learning Solution Architect (Link)

  • Crossover: AI Prompt Engineer, gt.school (Remote) (Link)

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