🧬 AI Predicts Your Child's DNA

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Plus: Top 100 Promising AI Companies

Read time: 5 minutes

Good morning and happy Thursday!

Today, we're diving into the fascinating world of AI, focusing on two groundbreaking concepts: Generative AI and Artificial General Intelligence (AGI). These technologies are changing the way we interact with machines, each in its own unique way. We'll explore what sets them apart and what they could mean for our future.

What are on FIRE 🔥

• 🔧 Key Barriers to Effective AI Integration in Business

• 🔍 AI at Work Is Here. Now Comes the Hard Part

• 📈 AI Stock Daily

• 🌟 AI Highlights

• 💸 Daily AI Fundraising

• 📚 AI Sources From AI Fire

• 🏅 AI Tools

• ⚡ 5 AI Quick Hits

• 📊 AI Chart

• ✏️ AI Tutorials: Visualizing any Complicated Process and Diagram With Simple Words

• 🎯 A Prompt to Handle The Rejection

• 💼 4 AI Jobs

AI REPORT

🔧 Key Barriers to Effective AI Integration in Business

Organizations struggle with AI adoption due to talent gaps and challenges in managing data accuracy.

Key Takeaways:

• 67% of organizations highlight the lack of skilled talent as a major barrier.

• Concerns over AI accuracy stem from insufficient data control.

• Effective data governance is important for maintaining data integrity in AI applications.

• Comprehensive data visibility and control can enhance AI accuracy and effectiveness.

Why it matters: Focusing on data management and skilled workforce development is crucial for harnessing AI's potential.

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AI INSIGHTS

🔍 AI at Work Is Here. Now Comes the Hard Part

In 2024, the use of AI in the workplace has nearly doubled, with three-quarters of global knowledge workers now using it.

Key Takeaways:

• 75% of global knowledge workers now use generative AI.

• 78% of AI users are bringing their own AI tools to work (BYOAI)—it’s even more common at small and medium-sized companies (80%).

• Leaders lack a clear plan to harness AI for business growth.

• Immediate ROI pressure prevents many leaders from adopting AI effectively.

• Talent shortages were reported despite increased AI adoption.

• AI aids in managing workloads and enhancing employee creativity.

Why it matters: Addressing talent shortages in key roles becomes essential as AI skills become a hiring priority, impacting workforce planning and competitive positioning.

TODAY IN AI

AI STOCK

AI HIGHLIGHTS

🏗️ Microsoft's $3B AI Data Center in Wisconsin

• Microsoft invests $3 billion in a new AI data center.

• The project will create 2,000 permanent jobs.

• 2,300 construction jobs will also be generated.

🧬 AlphaFold 3 Changes Molecular Biology

• AlphaFold 3 predicts structures of proteins, DNA, RNA, and more.

• Significant improvement in interaction predictions.

• Accessible through the AlphaFold Server for researchers at no cost.

• Isomorphic Labs uses AlphaFold 3 for real-world drug design.

🤖 Understanding Generative AI vs. AGI

• Generative AI mimics patterns without understanding.

• AGI aims to replicate human cognitive abilities.

• Generative AI lacks the ability to perform unfamiliar tasks.

• AGI remains theoretical with significant hurdles to realization.

🔒 US to Limit China's Access to AI Technology

• New regulations on exporting AI models.

• Measures aim to protect US AI tech from China and Russia.

• Focus on proprietary models with restricted software/data access.

• Export controls may be based on computing power thresholds.

DAILY AI FUNDRAISING

Numeric secured $10m in Seed funding. Numeric will use these funds to improve its products, aiming to make accountants more strategic and less involved in manual tasks.

Checkfirst raised $1.5M to advance AI in remote inspections, improving scheduling and reducing travel.

AI SOURCES FROM AI FIRE

NEW EMPOWERED AI TOOLS

1. ✏️ AFFiNE AI is an AI partner to better write, draw & present

2. 🎬 Studio Neiro AI x Adobe Express make cool videos from your designs using AI

3. 📊 Flatfile is a smart API platform for file-based data import and exchange

4. ⏳ timeOS is an AI productivity companion that captures and summarizes your day

5. 📩 SendFrame creates epic content with celebrity video messages with our celeb AI generator in 1 click.

AI QUICK HITS

1. 🕶️ New AR Glasses: Lighter, AI-Enhanced, No Headaches (Read more)

2. 💡 SoftBank Nears Deal to Acquire AI Firm Graphcore (Read more)

3. 🔒 Google Offers Powerful, Actionable Threat Intelligence (Read more)

4. 🏢 The Most Promising AI Companies in The World (Read more)

5. 🆕 Alibaba Launches New AI Model Amid High Demand (Read more)

AI CHARTS

Global AI funding has reached $13.1 billion, a 24% increase from the previous quarter and the highest since early 2023. This growth is faster than the overall increase in venture funding, which rose by 11%. However, the number of AI deals has fallen for the fourth quarter in a row, reaching the lowest since 2018 with 739 deals. This decline was especially sharp in Asia, where deals dropped by 30%.

AI TUTORIAL

Visualizing any Complicated Process and Diagram With Simple Words

1. Open Eraser and create a new file, then press Ctrl + J to open the AI Diagram.

2. Select the type of diagram you want and enter your prompt. Click 'generate' to begin.

3. Use customizable icons and easy editing tools to make your diagram clearer.

Get more AI tutorials → 

AI PROMPT

A Prompt to Handle The Rejection

I recently faced rejection when [describe the specific situation or event]. 

It was really tough and left me feeling discouraged. Let's talk through it and find some positive angles. 

First, why might this rejection actually be a good thing for you in the long run? What were the main reasons given for the rejection? Remember, this single rejection doesn't define my whole potential or what my business can really achieve. 

Let's explore different perspectives and insights that can help you see that better opportunities are still ahead because you persist through setbacks. What can I learn from this experience? What are some aspects of your approach that you could improve? 

We'll also work on building a strong strategy for handling rejections, turning each 'no' into a step that brings you closer to the 'yes' that will make a real difference. Can you think of one thing you might do differently next time based on this rejection? What's one area where you feel you could use more support or development?

AI JOBS

• Legal And General Group: Data Scientist - Gen AI (Link)

• KPMG UK: AI Platform Security Engineer (Link)

• SoftwareOne: Senior Global Product Architect - Data & AI (Link)

• Oracle: CSS Lead Cloud Architect Artificial Intelligence (Link)

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Cheers,
The AI Fire Team