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AI threads are everywhere!
Slack AI, a Salesforce team messaging add-on, has been found vulnerable to prompt injection, according to security firm PromptArmor. What’s happened? Scroll down for details.
What are on FIRE 🔥
IN PARTNERSHIP WITH KERN AI
ChatGPT in Business: Automating Complex Document Workflows at Scale
Join us for our upcoming webinar on how Generative AI and ChatGPT are revolutionizing the business landscape by automating labor-intensive tasks involving complex customer documents and submissions. This application can be applied across various data-driven use cases and scenarios.
AI REPORT
🚢 Management Is On Board The AI Ship But Without A Crew
Source: UST
Firms expect AI ROI in 2 years, but the UK struggles with skills shortages, legacy systems, and ethical AI frameworks.
Key takeaways:
92% of IT leaders align AI with company goals, but skills lag.
UK faces 50% lacking data science, 42% coding, 41% analytical thinking skills.
20% of large UK firms lack ethical AI frameworks, the lowest among four studied regions.
89% agree AI spending must rise for competitiveness.
91% say AI has significant ESG benefits.
5% of companies already spend more than half of their tech budget on AI.
Why it matters: While management is eager to lead the AI project, they don’t have the right team or a clear plan to guide them. If they don’t fix these key issues, their path to successful AI use might go off course.
Understand AI’s Risks and Opportunities
With the rapid growth of AI, it's crucial for businesses to understand both the risks and opportunities it presents. Discover how you can utilize AI to drive success while minimizing potential pitfalls.
In the MIT Artificial Intelligence: Implications for Business Strategy online short course you’ll gain:
Practical knowledge and a foundational understanding of AI's current state
The ability to identify and leverage AI opportunities for organizational growth
A focus on the managerial rather than technical aspects of AI to prepare you for strategic decision making
TODAY IN AI
AI HIGHLIGHTS
📁 Recent Slack update adds Files to AI answers, expanding potential attack surface. Uploaded PDFs with hidden text pose additional risk.
💼 LVMH founder Bernard Arnault's family firm Aglaé Ventures invests in five AI companies in 2024, expanding tech portfolio beyond luxury goods.
🤖 Meta FAIR introduces Self-Taught Evaluator, enabling LLMs to create training data without human annotations, potentially revolutionizing AI development efficiency.
💻 A Redditer used Claude's API and Python to automatically solve 633 Leetcode problems in 24 hours with an 86% success rate, costing $9.
🤖 OpenAI exec Jason Kwon opposes California's AI safety bill SB 1047, arguing it could slow progress and cause companies to leave the state.
🚀 OpenAI launches GPT-4o fine-tuning for developers, offering 1M free training tokens daily until September 23, enabling customized AI models for spec
DAILY AI FUNDRAISING
Defcon AI, a defense tech startup, raised $44M in seed funding to improve military logistics. The funds will expand their team and enhance mission planning for defense and commercial sectors.
AI SOURCES FROM AI FIRE
You Are Not Alone!
If you're having trouble with your AI tool, don't worry. We were once new users too. The issues you're facing, we've faced as well, and we know how to fix them. We're ready to share our solutions with you, helping you save time and effort.
This is the purpose of relaunching the AI Fire Community, and we have the whole team here to support you there - to create a supportive space where we can learn, grow, and overcome challenges together.
NEW EMPOWERED AI TOOLS
📧 Recap generates an email summary of your recent notes and bookmarks.
🤖 Alterfy uses AI to suggest canceling unnecessary meetings and sends messages instead.
📅 Quuu curates and schedules daily content that matches your brand voice.
🗂️ Sparkle organizes all your files into a smart folder system using AI.
🔍 Coldreach spots buying signals and suggests outreach messages with AI.
AI QUICK HITS
💰 Global AI spending predicted to hit $632B by 2028 (Link)
🚁 IKEA’s AI drones set to enhance shopping experience (Link)
🔍 Salesforce launches open-source AI models for visual language understanding (Link)
🖥️ Perplexity rolls out code interpreter and chart rendering (Link)
📷 Google’s AI ‘Reimagine’ adds wrecks and disasters to photos (Link)
AI CHART
Source: Axios
Key Insight:
Meta's ad business reached record efficiency in early 2024, with each employee generating over $1 million in revenue, thanks to AI-driven tools like Advantage+.
Current Situation:
Advertising remains Meta's core revenue source, contributing 98% of Q2 earnings in 2024.
AI-driven tools have helped Meta's millions of advertisers improve ad targeting and placement, resulting in a 12% increase in return on investment since 2022.
AI also boosts user engagement, with over 50% of Instagram content being AI-recommended.
What's next:
Meta plans to develop generative AI products that will simplify ad creation, allowing advertisers to focus on business goals while AI handles the rest.
AI TUTORIAL
Ideogram 2.0: Top Text-to-Image Tool with Text Rendering Accuracy
Advanced Prompting with Describe and Magic Prompt
Magic Prompt and Describe now make creativity easier. Describe turns any image into a detailed text prompt. Magic Prompt then creates different versions of that prompt. Finally, use Generate to turn these prompts into new images. This process lets you explore endless creative ideas and variations.
Go to Ideogram website. Start with an image. For example: a letter with the text ‘…’ s. The background is …
Use Describe to turn this image into a detailed text prompt.
Use Magic Prompt to create new versions of the prompt, then Generate fresh images.
AI JOBS
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The AI Fire Team
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