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- 💡 GPT-4o Mini: Affordable AI for All
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Plus: Where is GPT-3.5?
Read time: 5 minutes
The weekend is coming and it’s time to test a new model!
Exciting news! GPT-4 Mini is here. Have you noticed the GPT-3.5 model in your ChatGPT account? GPT-4 Mini isn't just a replacement; it's more effective and cheaper. Check it out and experience the upgrade yourself!
What are on FIRE 🔥
IN PARTNERSHIP WITH VULTR
Seamlessly Scale GenAI Applications with Vultr Cloud GPU, Powered by NVIDIA
Vultr provides global access to the latest NVIDIA GPU technology with 32 cloud data centers worldwide, allowing enterprises to power AI and ML efficiently without the complexity or cost of hyperscale providers. Visit Vultr and receive $250 in credits.
AI REPORT
🏆 AI and Trust: Keys to Millennial Workplace Success
AI integration is a pressing issue for executives, with millennials' trust in leadership driving adoption.
Key Takeaways:
49% of Gen Z and 43% of millennials are excited about using AI tools at work.
High-trust companies see 97% higher innovation levels compared to typical organizations.
Adobe actively involves employees in testing its generative AI tool, Firefly.
Deloitte survey: 24% of Gen Z and 26% of millennials regularly use generative AI at work.
88% of millennials at top workplaces feel they receive professional training and development.
Intuit created GenStudio, an internal platform for experimenting with generative AI.
Why it matters: Trust and training are important for AI adoption. Companies that invest in building a high-trust culture and providing professional development see increased innovation and productivity, ensuring they stay competitive in the AI-driven landscape.
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GPT-4o MINI
💡 GPT-4o mini: Affordable AI for All
Source: @OpenAIDevs
OpenAI announces GPT-4o mini, their most cost-efficient small model, expanding affordable AI applications.
Key Takeaways:
GPT-4o mini costs 15 cents per million input tokens and 60 cents per million output tokens.
The model scores 82% on MMLU, outperforming GPT-3.5 Turbo in chat preferences.
GPT-4o mini supports text, image, video, and audio inputs and outputs in the future.
The model has a 128K token context window and supports up to 16K output tokens per request.
GPT-4o mini excels in reasoning, math, and coding tasks, outperforming other small models.
Built-in safety measures make GPT-4o mini reliable and secure for various applications.
Why it matters: GPT-4o mini is out now, looking like it's set to replace GPT-3.5-Turbo. This model can handle 16k tokens, doubling the previous amount, which is excellent for coding. Similar to Claude Haiku, it's fast, affordable, and handles few-shot prompts well, allowing the creation of a 2500-page book for just $0.60. Additionally, it's the first model to use a new instruction hierarchy from training, possibly introducing a new style.
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What is the cost per million input tokens for GPT-4o mini? |
TODAY IN AI
AI HIGHLIGHTS
🔐OpenAI enhances ChatGPT Enterprise with new compliance API, identity management, and custom GPT controls. Integrates with third-party providers for better data security and user management.
🟡 Bitcoin miners seek new revenue streams, including AI hosting, as stock prices surge. Core Scientific's AI deal boosts share price 40%. Miners adapt facilities for AI amid industry challenges.
🎬 Netflix co-CEO Ted Sarandos sees AI as potential creator tool, not replacement. Compares AI to animation tech evolution. Says audience connection matters most.
🏅 Google's Gemini AI will feature prominently in NBC's 2024 Olympics broadcast, showcasing AI-powered tools and 3D venue views.
💻 OpenAI in talks with Broadcom to develop new AI chip, aiming to reduce Nvidia reliance. CEO Sam Altman leads efforts to boost AI infrastructure capacity.
AI STOCK
DAILY AI FUNDRAISING
Artificial Agency, founded by former Google DeepMind researchers, raised $16M to develop an AI behavior engine for more realistic NPCs in video games.
AI SOURCES FROM AI FIRE
NEW EMPOWERED AI TOOLS
💎Scade.pro converts AI into revenue, engagement, and new projects
📍Apidog is an all-in-one collaborative API development platform
⚙️ KapKap is dynamic subtitles, video editor
☎️ Quick Chat AI builds and customizes your own AI Assistant to automate customer support, sales, and much more.
🍀Superjoin imports live data into Google Sheets automatically using AI
AI QUICK HITS
1. 🌊 AI predicts ship-sinking waves minutes in advance (Read more)
2. 🔒 Meet the Coalition for Secure AI and its founders (Read more)
3. 🤖 Salesforce's smart AI helper makes chatbots better (Read more)
4. 📸 Tinder launches AI 'Photo Selector' for easy profile pics (Read more)
5. 🤖 SheerLuxe defends using AI influencers (Read more)
AI CHART
AI Bear Case and AI Bull Case
As AI bear Jim Covello, head of global equity research at Goldman Sachs, put it recently in a research note: “AI bulls seem to just trust that use cases will proliferate as the technology evolves.”
AI is in a 'picks and shovels' phase, with productivity gains still largely theoretical.
No 'killer application' has proven AI's economic value across industries.
Projected AI capex and revenue expectations may not align, indicating potential economic risks.
AI's macroeconomic impact is uncertain, with differing predictions on productivity gains.
AI's enabling environment, including regulation and skills, needs development for full potential
AI TUTORIAL
Transcribe Meetings into Different Languages in Real Time
Go to Notta AI’s website.
On the home page, click ‘Transcribe live meeting’ on the left side.
Select a transcription language from the list of almost 50 languages and add your meeting link from any service you use.
Enter the meeting name and choose any other necessary options.
Click ‘Transcribe Now’ and Notta AI will join your meeting as a member, taking notes in your chosen language.
You can also connect your calendar to get automatic transcriptions for upcoming events and use it to transcribe audio or video.
AI PROMPT
A Prompt to Validate Your Business Idea with Customer Feedback
Help me validate my business idea in the field of [your chosen niche] by talking to potential customers. List the questions I should ask potential customers about [specific aspect of your product/service], keeping in mind that the primary audience is [target audience]. The main goal of this validation is [objective].
Additionally, consider the unique selling proposition of my product/service, which is [unique selling proposition], and the current solutions my target audience uses, such as [current solutions]. The pricing strategy I plan to use is [pricing strategy].
Then, provide the structure and wording for a simple landing page to gauge interest in [your offer]. The call-to-action on the landing page should be [specific action]. The tone and style should be [tone and style] and should highlight key features such as [key features e.g., ease of use, cost savings, unique technology].
Finally, suggest 5 potential slogans to use in ad copy for [type of ads e.g., Google ads], ensuring they reflect the unique value proposition and appeal to the target audience. Thank you!AI-GENERATED IMAGES
Image prompt by @umesh_ai
Create a photorealistic portrait of a person with their face painted in the style and colors of the England flag, appearing as wet paint with reflections. The face paint should feature a detailed red cross on a white background, giving it a glossy, freshly painted look. The individual should have a dignified, calm expression. The background should be subtly reflective to enhance the paint's luster and depth. AI JOBS
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