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Plus: Playbook for AI Policy

Read time: 5 minutes

Just one day after Llama 3.1 405b was released, French startup Mistral AI launched their new top model, Large 2. These two powerful AI models are getting a lot of attention. But how do they compare to leading closed models like GPT-4?

What are on FIRE 🔥

• 🌐 Edge AI to Change IoT and Consumer Devices by 2027

• 🚀 Mistral Large 2 - The New Generation Flagship Model

• 🌟 AI Highlights

• 📈 AI Stock Daily

• 💸 Daily AI Fundraising

• 📚 AI Sources From AI Fire

• 🏅 AI Tools

• ⚡ 5 AI Quick Hits

• 📊 AI Chart

• ✏️ AI Tutorials: Creating Impressive Architectural Designs

• 🖼️ AI-Generated Images

• 💼 4 AI Jobs

📊 Just share your thoughts, and we will do it

We're looking to improve our content based on your preferences. Please let us know if you prefer our usual long-form articles or a more concise, single-page format like today. If you prefer the single-page format, let us know which sections can be reduced.

AI REPORT

🌐 Edge AI to Change IoT and Consumer Devices by 2027

Edge AI is transforming IoT devices, promising reduced latency and improved personalization.

Key Takeaways:

• 62% of data is expected to be processed on edge devices by 2027.

• Short-range IoT connections to hit 26 billion by 2028, driven by on-device AI.

• Apple Intelligence to boost iPhone sales through AI-driven upgrades

• Generative AI on smartphones like Samsung's Galaxy AI emphasizes communication enhancements.

• Microsoft's Copilot + PCs are the first 40+ TOPS AI PCs with on-device AI assistants.

Why it matters: In 2023, the growth of generative AI mainly helped companies that provide computing hardware and cloud services. In 2024, AI is becoming more important at the edge, where it connects the physical and digital worlds through IoT (Internet of Things) technology. IoT companies enable edge computing by offering processing and sensing abilities. These are crucial for AI to improve efficiency, reduce costs, and address labor shortages. For investors, edge AI applications and consumer uses represent a promising new set of opportunities.

AI MODELS

🚀 Mistral Large 2 - The New Generation Flagship Model

Mistral AI announces Mistral Large 2, a new generation AI model with improved capabilities that exceeds the performance of recent models from OpenAI and Meta, despite having significantly fewer parameters.

Key Takeaways:

• Mistral Large 2 supports 128k context windows and dozens of languages including major world languages.

• Improved code generation and mathematics performance, competing with leading models like GPT-4o and Llama 3.

• Available under Mistral Research License for non-commercial use, commercial license required for self-deployment.

• 123 billion parameters allow high throughput on a single node.

• Enhanced reasoning capabilities and reduced hallucinations for reliable outputs.

• Trained on 80+ coding languages, including Python, Java, and JavaScript.

Why it matters: Mistral Large 2 is very impressive because it's only one-third the size of Llama 3.1 405b but performs as well as GPT-4. With two GPT-4 level open models released in just two days, companies like OpenAI, Anthropic, and Google are now facing more competition.

🎁 Today's Trivia - Vote, Learn & Win!

This section finds a lucky member who answers the trivia question correctly to be the winner and get a 3-month AI Fire Academy membership.

TODAY IN AI

AI HIGHLIGHTS

🔍 OpenAI tests SearchGPT, an AI-powered search tool providing quick answers with web sources. Users can join a waitlist for the temporary prototype.

Google stock dropped right after the OpenAI SearchGPT demo

Anyone watching closely knows there will be a new leader in search within 10 years.

🧮 AlphaProof and AlphaGeometry achievement matches silver medalist performance, nearly reaching the gold-medal threshold.

🛡️ Playbook for AI Policy outlines four key principles for U.S. AI policy, focusing on maintaining strategic lead, protecting against threats, building state capacity, and safeguarding human dignity in the AI era.

🎬 404 Media says Runway's AI video generator trained on thousands of YouTube videos from major companies and creators. The dataset includes pirated films and links to free anime sites.

🎙️ Rep. Jennifer Wexton made history as the first lawmaker to use AI-generated voice on the House floor due to her PSP diagnosis. She won't seek reelection and may use a wheelchair soon.

AI STOCK

DAILY AI FUNDRAISING

Scopio Labs raises $42 million in Series D funding for their AI-based blood cell analysis platform. Their technology uses digital imaging to view thousands of cells at high resolution, replacing manual microscopy.

AI SOURCES FROM AI FIRE

NEW EMPOWERED AI TOOLS

1. 🧩 Hey AI is an AI universe for dating, build AI cupid for everyone

2. ✅ Speech to Note turns your voice into written notes

3. 📍 Translate Photo translates creatives to 75+ languages with 1-click

4. 🔁 Mermaid AI maximizes your diagramming efficiency

5. 📼 Gobi is an AI-powered wellness instructor that generates science-backed, voice-guided practices for your emotional well-being in real-time.

AI QUICK HITS

1. 🎥 Stability AI launches Stable Video 4D for multi-angle videos (Read more)

2. 🚀 Google’s Gemini AI speeds up with Flash upgrade (Read more)

3. 🌍 Kling AI by Kuaishou launches high-quality video model globally, rivals Sora by OpenAI (Read more)

4. 💳 Visa uses AI to stop $40B in fraud (Read more)

5. 🌧️ AI drifting tech could prevent weather accidents (Read more)

AI CHART

The Reality of AI: Beyond the Hype

The Gartner Hype Cycle shows how we react to new technology. At first, everyone is excited. Then, expectations peak and reality sets in. This leads to doubts and questions about the value.

Right now, AI is in this doubtful phase. The excitement has faded, and people are asking why big companies aren’t seeing big returns yet. But there’s more to the story.

AI is still changing things, but not how many expected. The real benefits are not for the slow-moving big companies but for quick and resourceful people like you. Here’s why:

• Quick Moves: Big companies are slow to act. You can adapt and change quickly.

• Active Learning: While big companies are stuck in meetings, you’re trying out AI and finding what works.

• Easy Access: AI tools are now available to everyone, not just big companies. You can use them freely.

• So, while the AI hype is fading, real chances are opening up for those who move fast and adapt.

Your Turn:

• How are you using AI in your business or life right now?

• What benefits do you see with AI for yourself?

AI TUTORIAL

Creating Impressive Architectural Designs

1. Go to Archivinci

   • Log In and look for the "Generate" button at the top right corner of the screen. Click on it to start.

2. Upload Your Image:

   • Choose the image you want to use. This could be a sketch, a screenshot of a 3D model, a photo of your room, or a picture of a building you think needs improvement.

3. Complete the Selections:

   • After uploading, you'll see some options below the image. Fill these out based on the photo you uploaded.

4. Describe Your Desired Output:

   • In the prompt field, write what you want the final output to look like. Be as detailed as possible.

5. Specify What to Avoid:

   • If there are features you don’t want in your output, add them to the negative prompt area. This helps the tool understand what to exclude from the design.

6. Click on “Generate” to start.

Get more AI tutorials →

AI-GENERATED IMAGES

Vertical split screen, Divided image of [subject]. The right side of the image is a real photo that goes to the left as a simple hand drawing, realistic, detailed, dynamic atmosphere

AI JOBS

• McGregor Boyall: AI Engineer (Link)

• Opus Recruitment Solutions: Senior Software engineer (AI) (Link)

• The Royal Marsden NHS Foundation Trust: Transformation Lead for Artificial Intelligence Imaging Hub (Link)

• Department for Science, Innovation & Technology: Operational Supplier Manager - AI Safety Institute (Link)

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