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๐Ÿค– 100x GPT-4 = GPT Next?

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OpenAI is starting to make its own AI chips to reduce its reliance on GPUs and avoid shortages. This move could speed up their goal of creating advanced AI systems.

AI SURVEY

๐Ÿค– How SMEs Measure AI Success in 2024

how-smes-measure-ai-success-in-2024

Looking at how businesses use AI, over 77% are already using or exploring it (Tprestianni, 2024). Another source says that 63% of businesses plan to adopt AI worldwide within the next three years (Webster, 2024).

Key takeaways:

  • 58.4% of SMEs measure AI by productivity and 16.6% track AI's role in innovation.

  • 64.7% of SMEs continuously review AI strategies. Some businesses review AI strategies frequently timestamp.

  • 93.7% of SMEs use ChatGPT, followed by Gemini.

  • 65.9% spend under $1,000 per month on AI tools.

  • 10.1% measure AI's impact on ROI.

Why it matters: Looking at these statistics, many companies may see themselves in different parts of the survey. The main reason companies use AI is because itโ€™s useful. In some areas, AI is seen as a big breakthrough, while in others, itโ€™s less important. In 2024, AI still needs human help to be widely accepted.

PRESENTED BY MIT

Understand AIโ€™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 youโ€™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

๐ŸŽญ California Senate passes AB 1836, requiring consent for AI digital replicas of deceased performers, backed by SAG-AFTRA.

๐Ÿš€ Elon Musk intensifies attacks on VP Kamala Harris, sharing AI-generated image depicting her as a communist to 196M X followers.

๐Ÿค” Guess the AI Tool Musk Used to Create the Image!

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๐Ÿ•น๏ธ Elon Musk's xAI has launched "Colossus," the world's most powerful AI system, using 100,000 Nvidia H100 GPUs. It was built in just 122 days and is set to grow even bigger soon.

โš™๏ธ OpenAI plans to build custom AI chips using TSMC's advanced 1.6 nm A16 process, potentially reducing dependency on costly Nvidia servers.

๐Ÿฆพ The CEO of OpenAI Japan says GPT-Next will be launched this year, and it will be 100 times more powerful than GPT-4.

๐ŸŽ“ Students can get a free month of Perplexity Pro! Sign up with .edu email before Sept 15.

DAILY AI FUNDRAISING

Chinese AI firm Infinigence AI has raised 500 million yuan (US$70.4 million), bringing its total to over 1 billion yuan in just 16 months. The funds will support research, talent, and AI infrastructure development.

AI SOURCES FROM AI FIRE

๐ŸŽฏ We Are Success! - You Are Success!

Our members are achieving amazing results with AI Fire! From easily creating images to automating daily tasks to driving business growth, they've transformed the way they work. With AI Fireโ€™s guidance, theyโ€™ve unlocked new levels of productivity, saved hours of time, and made smarter business moves.

Are you ready to see the real impact?

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NEW EMPOWERED AI TOOLS

  1. ๐Ÿ’ฟ Choppity finds any part of any long video, turn it into a social clip

  2. ๐Ÿ’ป Maxium AI (Beta) optimizes developer efficiency, going beyond lines of code

  3. ๐ŸŽฒ Face Swap AI creates your face swap videos in just with a few clicks

  4. ๐Ÿ‘พ Pallie is AI friend in your favorite messenger

  5. โœ”๏ธ Sprig AI optimizes product adoption, retention, and satisfaction at scale.

AI QUICK HITS

  1. ๐Ÿˆ Self-learning AI makes NFL picks for Week 1 games (Link)

  2. ๐Ÿงฌ AI helps create OpenCRISPR-1, a breakthrough gene-editing tool (Link)

  3. ๐Ÿ“š UC San Diego offers the first AI-powered language class with RIA Robot (Link)

  4. ๐ŸŽจ Canva defends 300% price hike for AI features (Link)

  5. ๐Ÿ’ผ 10 big AWS hires and exits from Google, OpenAI, and Nvidia (Link)

TOGETHER WITH INNOVATING WITH AI

Our friends at Innovating with AI just welcomed 200 new students into The AI Consultancy Project, their new program that trains you to build a business as an AI consultant. Some of the highlights current students are excited about:

  • The tools and frameworks to find clients and deliver top-notch services

  • A 6-month plan to build a 6-figure AI consulting business

  • Students getting their first AI client in as little as 3 days

And as an AI Fire reader, you have a chance to get early access to the next enrollment cycle.

AI CHART

The Act sets rules to regulate AI systems based on the level of risk they pose to people and society. This helps ensure that high-risk AI is carefully monitored, while lower-risk AI can develop freely with fewer rules, encouraging innovation and trust in AI across the EU.

Here are the risk categories:

  1. Unacceptable Risk (Banned): AI systems in this category are not allowed to be sold or used in the EU.

  2. High Risk:

    • Risk Management: Identify and reduce risks.

    • Data: Use fair, high-quality data.

    • Documentation: Keep detailed records.

    • Transparency: Clearly inform users.

    • Human Oversight: Allow human monitoring.

    • Accuracy & Security: Ensure reliability and cybersecurity.

    • Assessment: Some systems require third-party checks.

    • Registration: Must be registered in the EU database.

  3. Limited Risk:

    • Transparency: Users must be informed when they are interacting with AI (e.g., chatbots should tell users they are AI).

  4. Minimal Risk:

    • Voluntary Codes: Companies are encouraged to follow best practices, but there are no strict rules.

These requirements help ensure AI systems in the EU are safe, and transparent, and protect peopleโ€™s rights.

AI PROMPT

Cursor AI Rules To Improve The Code Suggestions From The AI (By @guidsen)

You are an expert in TypeScript, Node.js, Next.js App Router, React, Shadcn UI, Radix UI, Supabase, and Tailwind.

Code Style and Structure
- Write concise, technical TypeScript code with accurate examples.
- Use functional and declarative programming patterns; avoid classes.
- Prefer iteration and modularization over code duplication.
- Use descriptive variable names with auxiliary verbs (e.g., isLoading, hasError).
- Structure files: exported component, subcomponents, helpers, static content, types.

Naming Conventions
- Use lowercase with dashes for directories (e.g., components/auth-wizard).
- Favor named exports for components.

TypeScript Usage
- Use TypeScript for all code; prefer interfaces over types.
- Avoid enums; use maps instead.
- Use functional components with TypeScript interfaces.

Syntax and Formatting
- Use the "function" keyword for pure functions.
- Avoid unnecessary curly braces in conditionals; use concise syntax for simple statements.
- Use declarative JSX.

UI and Styling
- Use Shadcn UI, Radix, and Tailwind for components and styling.
- Implement responsive design with Tailwind CSS; use a mobile-first approach.

Performance Optimization
- Minimize 'use client', 'useEffect', and 'setState'; favor React Server Components (RSC).
- Wrap client components in Suspense with fallback.
- Use dynamic loading for non-critical components.
- Optimize images: use WebP format, include size data, implement lazy loading.

Database Querying & Data Model Creation
- Use Supabase SDK for data fetching and querying.
- For data model creation, use Supabase's schema builder.

Key Conventions
- Use 'nuqs' for URL search parameter state management.
- Optimize Web Vitals (LCP, CLS, FID).
- Limit 'use client':
- Favor server components and Next.js SSR.
- Use only for Web API access in small components.
- Avoid for data fetching or state management.

Follow Next.js docs for Data Fetching, Rendering, and Routing.

AI JOBS

  • Department for Science, Innovation and Technology: Head of Frontier AI Regulatory Framework (Link)

  • Devonshire Hayes: Head of Data & AI Literacy (Link)

  • TVS Supply Chain Solutions: AI Graduate (Link)

  • Hays Technology: Project Manager (AI) (Link)

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