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๐ŸŒŽ Oil-Rich to AI Superpower Country

AI is Outpacing Its Benefits?

In partnership with

Plus: The future of AI gadgets is just phones

Read time: 5 minutes

Happy Thursday!

Heard about Meta shares dipping due to increased AI spending? The number is about $200x. Meanwhile, Google Maps is rolling out a cool AI update to uncover hidden gems in your area. Can't wait to give it a try!

IN PARTNERSHIP WITH STREAMALIVE

how-to-use-generative-ai-for-planning-research

๐Ÿš€ StreamAlive: AI for presenters to skyrocket audience engagement in presentations, whether online or in-person. Craft & run AI-assisted interactions to vividly visualize responses in real-time.

StreamAlive is skyrocketing engagement in Zoom webinars, all-hands on Google Meet, training programs on MS Teams, in-person events, hybrid classes, and livestreams on Twitch and YouTube Live. Users include Nike, Airrack, Persistent, Johns Hopkins, US Aid, Symphony AI, and over a thousand others.

Vivid & visual interactions include maps, Tetris-like tiles, polls, word-clouds, and lots more.

AI INSIGHTS

๐Ÿ” AI's Role in Strategic Supply Chain Management

ai-role-strategic-supply-chain-management

Source: Gartner

AI empowers strategic advancements and cost reductions in supply chain management.

Key Takeaways:

  • By 2028, 25% of KPI reporting will use GenAI models.

  • Smart robots to outnumber frontline workers in key sectors.

  • 95% of data-driven decisions will be automated by next year.

  • Only 10% of CEOs apply AI strategically in their business.

  • Early AI strategy adopters report better performance metrics.

  • Gartnerโ€™s AI use case guide from the top supply chain and business.

Why it matters: Strategic AI adoption offers significant business advantages by optimizing performance metrics and decision-making processes.

PRESENTED BY AE STUDIO

Have an AI Idea and need help building it?

When you know AI should be part of your business but arenโ€™t sure how to implement your concept, talk to AE Studio.

Elite software creators collaborate with you to turn any AI/ML idea into a realityโ€“from NLP and custom chatbots to automated reports and beyond.

AE Studio has worked with early stage startups and Fortune 500 companies, and weโ€™re ready to partner with your team. Computer vision, blockchain, e2e product development, you name it, we want to hear about it.

META  

๐Ÿ“Š Meta's AI Strategy: High Cost, High R*sk?

meta-ai-strategy-high-cost-high-risk

๐Ÿ“Š Meta's AI Strategy: High Cost, High R*sk?Source: Reuters Graphics

Meta's financial forecasts worry investors as AI spending escalates.

Key Takeaways:

  • Meta's market cap fell by nearly $200 billion.

  • Expected revenue for April-June is between $36.5 billion and $39 billion.

  • Meta's stock value dropped about 15% in extended trade.

  • Total 2024 expenses forecast increased to $96-$99 billion.

Why it matters: Despite the potential of AI, the immediate financial impact is notably challenging Meta's market stability.

TESLA  

๐Ÿค– Elon Musk Talks Future Plans for Tesla's Optimus Robots

elon-musk-talks-future-plans-for-teslas-optimus-robots

Source: Tesla

During Tesla's Q1 2024 earnings call, CEO Elon Musk revealed ambitious plans for its Optimus autonomous robots.

Key Takeaways:

  • Optimus tops Teslaโ€™s ecosystem chart, contributing to 'a majority' of the company's long-term value.

  • Despite missing earnings expectations, Teslaโ€™s shares surged after the call.

  • The 'sentient' humanoid robot is central to Muskโ€™s future plans for Tesla.

Why it matters: Musk's comments point to an evolving narrative for Tesla, with AI and robotic developments shaping the company's future trajectories.

TODAY IN AI

AI STOCK

daily-ai-stock

AI HIGHLIGHTS

  • Nvidia to purchase Run:ai for $700 million.

  • Run:ai specializes in optimizing AI software on GPUs.

  • Partnership boosts the efficient use of multiple GPUs.

  • The deal aims to leverage AI for better resource allocation.

  • Generative AI to help users discover local shops and cafes.

  • Feature includes personalized recommendations and reviews.

  • Android Authority reveals upcoming AI integrations.

  • Users can ask follow-up questions for refined searches.

  • Initial experiments used a Motorola Razr Plus and Google Pixel 8.

  • Focused on integrating Gemini and ChatGPT as voice assistants.

  • Found challenges with voice commands on flip phone cover screens.

  • Transitioned to using Google Pixel Buds for voice interactions.

  • Saudi hosts a tech event with over 200,000 attendees.

  • Announced a $5.3 billion investment in AI and data centers.

  • Created a $100 billion fund for technology and AI.

  • Vision 2030 outlines a plan to diversify from oil to technology.

  • OpenELM, standing for 'Open-source Efficient Language Models', was released on the Hugging Face model library by Apple researchers.

  • The models are designed for efficient performance on text-related tasks, such as email writing.

  • OpenELM has four sizes, varying from 270 million to 3 billion parameters.

` DAILY AI FUNDRAISING

Six-month-old Cognition Labs from San Francisco raised $175 million, reaching a $2 billion valuation after launching their AI coding assistant, Devin.

Bedford-based Aropha Inc. announced raising $1 million in seed funding. This investment supports their AI and lab automation innovations in biodegradable material testing.

AI SOURCES FROM AI FIRE

NEW EMPOWERED AI TOOLS

  1. ๐Ÿ‘€ Insights by Ayraa is a new dimension in enterprise search AI

  2. ๐Ÿง  SecBrain AI uses AI to save and remember everything

  3. ๐Ÿ’ก Grimo AI is a versatile AI tool for gathering and sharing knowledge from various sources like YouTube, Twitter, and Podcasts.

  4. ๐Ÿ‘จ๐Ÿผโ€๐Ÿ’ป BREVIAN is a no-code platform where business users can build custom, secure AI agents

  5. ๐Ÿงฎ FileDrop generates Google Sheets formulas in seconds

AI QUICK HITS

1. ๐Ÿ“ฑ Google to Update Gemini Nano Before S25 Release (Read more)

2. ๐Ÿงถ Etsy Shoppers Report Misleading AI Crochet Images (Read more)

3. ๐Ÿ–ฅ๏ธ Nvidia CEO Delivers First DGX H200 to OpenAI (Read more)

4. ๐Ÿงฌ Moderna, OpenAI Team Up for mRNA Research (Read more)

5. ๐Ÿš€ Snowflake Launches New Generative AI Model (Read more)

AI MOMENT

AI-MOMENT

AI Moment in the past - Source: Elon Musk

AI Moment Today

AI CHARTS

Ai-CHARTS

This infographic displays the annual count of AI-related patents from 2010 to 2022, using data from the Center for Security and Emerging Technology (CSET), found in Stanford University's 2024 AI Index Report.

The data shows that China surpassed the U.S. in AI patents for the first time in 2013 and has continued to grow significantly each year since.

AI TUTORIAL

Improve Your Search in Faster, Easier Ways

Improve-Your-Search-in-Faster-Easier-Ways
  1. Visit Search Labs and log in with your Gmail account.

  2. Scroll down to โ€œSGE, generative AI in Searchโ€ and click the โ€œTurn onโ€ button.

  3. Go to Google. Now, when you search, you'll see 'AI overviews.'

  4. When Google gives you an AI answer, click โ€œShow moreโ€ to ask more questions or add images for better results.

Note: Search Labs isn't available everywhere. If you can't access it in your country, consider using a VPN based in the US.

AI KNOWLEDGE

Planning Research with Generative AI

planning-research-with-generative-ai

Creating a research plan takes a lot of time. Even with a good template, researchers need to come up with questions, choose methods, plan sessions, and often make materials like screeners and tasks from scratch. Luckily, AI can help with many of these steps!

For detailed instructions. You can read more here.

AI JOBS

  • Vodafone: Responsible AI Manager (Link)

  • Novartis: Global Change Lead- Generative AI (Link)

  • ARM: Director, Automotive AI & Ecosystem Programs (Link)

  • Quintessential AI: Senior AI/Machine Learning Scientist (Link)

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LAST WORD ๐Ÿ‘‹ 
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