- AI Fire
- Posts
- 🤖 China’s Own Tesla Optimus?
Plus: The five pillars of AI
Read time: 5 minutes
Web search is a benchmark that AI models and tech companies aim to achieve. We have a big brother in Google, a baby in OpenAI with Search GPT, and another still in development. What is it?
What are on FIRE 🔥
AI REPORT
📉 Generative AI Can Transform Procurement
Roland Berger's report says this type of AI could play an important role in improving how businesses handle buying and supplying goods.
Key takeaways:
Generative AI optimizes procurement's strategic functions.
Forecasts market disruptions; manages fluctuating inventory demands.
Cuts UK's manual contract processing costs by £10 million/yr.
Improves compliance, refines contract management, and enhances supplier interactions.
Lowers CO2 emissions and addresses indirect environmental impacts.
Why it matters: Investing in generative AI now might be risky, as it could lead to a loss of money if the technology does not advance as expected. Many big tech companies are still funding this unprofitable AI sector, which might slow down their spending on AI development. Despite these concerns, Pieter Nieheus from Roland Berger believes using generative AI is essential. He thinks that companies that don't use it will lose to competitors who do.
TODAY IN AI
AI HIGHLIGHTS
📊 KPMG study: 32% career progression gap between Asian men (higher socio-economic) and white women (lower socio-economic). AI could level corporate playing field
🌌 AI-powered SimBIG method calculates 5 of 6 cosmological parameters with unprecedented precision, using galaxy distribution data from 109,636 real galaxies.
🎨 Four AAPI artists explore AI's emotional side at Venice Biennale, challenging techno-orientalism stereotypes through innovative digital art installations.
🍎 Apple explores robotics for home devices, developing J595 tabletop robot with iPad-like display and AI personality, aiming to enter smart home market by 2026-2027.
🤖 2024 World Robot Conference in Beijing showcases 27 Chinese-designed humanoid robots, with Tesla's Optimus as the sole foreign competitor
✏️ Anthropic now records changes to Claude's system prompts on their website and mobile apps; these don't impact the API.
🔍 Mistral AI is developing a web search feature. It will be under "Options" and is visible but not yet functional.
DAILY AI FUNDRAISING
Slingshot AI, an AI mental health startup based in New York and London, secured about $30M in seed funding led by Andreessen Horowitz. The funds will boost global operations and development efforts.
AI SOURCES FROM AI FIRE
🏆 Join Our Ranking
The AI Fire Community is more than just a place to share and learn about AI—it also highlights our most active members by giving points for their contributions.
How do points work?
→ 1 like = 1 point: You get one point for each like on your posts or comments. This motivates everyone to share helpful information and to like other people's posts.
Levels: You gain levels from 1 to 9 by earning points. Your current level is shown on your avatar, and your profile page shows how many points you need to get to the next level.
NEW EMPOWERED AI TOOLS
👤 Struggling with Stress or Anxiety? Yuna* Provides AI-Guided Self-Therapy to Help You Transform Your Mental Health. Learn More.
🌿 Paperguide discovers, reads, writes and manages research with ease using AI
❄️ Next Alpha is next gen AI crypto research tool for traders
⚙️ Seven24.ai captures feedback and turn it into tasks
🌲 Hey is AI-powered pair programming friend
* indicates a promoted tool, if any
AI QUICK HITS
📅 Amazon plans to launch delayed AI Alexa in October (Link)
🔋 IBM previews new Spyre AI chip for enterprise workloads (Link)
🖼️ Samsung to allow AI wallpaper creation on smart fridges (Link)
⚡ Grok 2 mini now runs 2x faster than before (Link)
🧠 UCLA and Amazon find LLMs learn rules well but struggle with instructions (Link)
AI CHART
The Five Key Elements of AI
Data models do more than store data; they connect AI to important goals and ensure data is used effectively. They're a good starting point for using AI, but not the only thing you need.
If you want to see how data modeling and AI can help your organization, consider talking to consultants who specialize in making businesses data-driven. They can give you advice tailored to your needs.
AI TUTORIAL
Generate Color Palette Grids for Midjourney Style Reference
Go to Color Grids Generator by @dreamingtulpa → Generate a color palette
Use this palette as a style reference image on Midjourney
Input your image prompt to create an image using palette tone
AI JOBS
We read your emails, comments, and poll replies daily
How would you rate today’s newsletter?Your feedback helps us create the best newsletter possible |
Reviews of the day
 |  |
We love hearing from readers and are always looking for feedback. How are we doing with AI Fire? Is there anything you'd like to see more of or less of? Which aspects of the newsletter (or AI Fire Academy) do you enjoy most?
Hit reply and say Hello – we'd love to hear from you!
Like what you're reading? Forward it to friends, and they can sign up here.
Cheers,
The AI Fire Team
Reply