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Plus: The First Ivy AI Undergrad Degree

Read time: 5 minutes

Happy Friday!

Big news: ChatGPT just got a major update that might shake up the AI world. With Sora's arrival, video-focused AI firms are facing stiff competition. Also, Pennsylvania Engineering just introduced the Ivy League's first B.S.E. in AI.

Stay tuned for more updates!

What are on FIRE 🔥

• 📈 AI Stock Daily

• 🎬 OpenAI Redefines AI Video Generation

• 💡 Preparing for AI's Workforce Impact

• 🔧 Google Enhances AI with Gemini 1.5

• ⚡ 6 AI Quick Hits

• 💸 Daily AI Fundraising

• 🏅 New Empowered AI Tool

• ✏️ AI Tutorial: Reference a New Style for Your Image by Midjourney Alpha

• 🎯 A Prompt to Craft a Captivating Elevator Pitch

• 💼 4 AI Jobs

📈 AI Stocks Daily

🎬 OpenAI Redefines AI Video Generation

Sora, OpenAI's newest model, transforms how videos are created.

Key Takeaways:

• Sora generates 1080p videos from text or still images.

• Can extend existing video clips with detailed scenes.

• Understands prompts deeply, creating emotive characters.

• Mixture-of-Experts architecture boosts its efficiency.

• Outperforms in AI benchmarks, showing superior learning.

• Limited release mitigates potential abuse, ensuring safety.

Why it matters: Sora's cautious rollout underscores OpenAI's commitment to ethical AI development.

Our POV: Sora - OpenAI's new tool may have quickly overshadowed numerous AI startups, including Invideo AI, Pictory AI, Synthesia, RunwayML, and HeyGen. People wonder why it targets short videos; the answer lies in marketing, where shorts and reels remain the most effective method to attract traffic.

💡 Preparing for AI's Workforce Impact

Understanding AI's role in shaping future jobs through augmentation and innovation.

Key Takeaways:

• GenAI is seen more as a tool to augment workflows than replace jobs in the near term.

• Gartner predicts significant impacts of AI on job markets, emphasizing augmentation.

• Experts like Sam Altman and Andrew Ng highlight AI's task-specific advantages.

• AI's impact is framed around enhancing individual tasks within jobs, not whole job replacement.

• Contrary views like Mustafa Suleyman's remind us of AI's potential to replace labor.

• Erik Brynjolfsson's insights suggest that AI's full potential requires a redesign of job tasks.

Why it matters: AI's strategic integration into the workforce could redefine roles, emphasizing collaboration and innovation.

🔧 Google Enhances AI with Gemini 1.5

Gemini 1.5 propels Google ahead in AI innovation with remarkable features.

Key Takeaways:

• Gemini 1.5 was introduced with enhanced performance and a longer context window.

• Achieves comparable quality to 1.0 Ultra with less computing.

• Built on Mixture-of-Experts (MoE) architecture for increased efficiency.

• 1.5 Pro can process up to one million tokens, greatly expanding its capabilities.

• Demonstrates ability to process multimedia content efficiently.

• Outperforms 1.0 Pro in 87% of benchmarks, showcasing superior learning abilities.

• With this upgrade, Gemini 1.5 can handle 1 hour of video; 11 hours of audio; Code with more than 30,000 lines; and Books with over 700,000 words.

Why it matters: Embodies the next wave of AI, promising unparalleled advancements in the field.

⚡ The AI Quick Hits

1. 👩‍💻 Replit adds AI Chat into collaborative coding (Read more)

2. 🎨 No ‘GPT’ trademark for OpenAI (Read more)

3. 📱 Apple said updating Spotlight, Xcode with AI (Read more)

4. ⚖️ Google's Paris AI lab signals insecurity in the AI race (Read more)

5. 👰 Spanish artist marries AI hologram, a first for women (Read more)

6. 🎓 Penn Launches Ivy League's First AI Degree (Read more)

💸Daily AI Fundraising

Lambda Inc. secured $320M, reaching a $1.5B valuation. Lambda offers cloud and on-premises solutions for AI model training, featuring Nvidia's tech. Planning to expand its services, Lambda aims to support the growing demand for AI across various industries.

🏅New Empowered AI Tool

1. 💭Sierra transforms customer service with conversational AI.

2. ⛑️ panoramai turns Google Street View into any world you desire.

3. 🗃️ Shop That Look finds retailers who are selling the exact outfit or something strikingly similar.

4. 📺 Iteration is the AI-native project management app

5. 📟 Fixkey is an AI-powered writing assistant designed specifically for macOS

✏️ AI Tutorial: Reference a New Style for Your Image by Midjourney Alpha

→ Go to Midjourney Alpha
→ Copy the link of the image whose style you want to use, or blend styles from multiple images if you desire.
→ Type your instruction like this: “[What you want your image to look like] --sref [paste the image link here] -sw [put a number here].”
→ Add a style weight (--sw) to make the style effect stronger.

🎯 A Prompt to Craft a Captivating Elevator Pitch

I invite you to master the art of subtly introducing products through a captivating elevator pitch.

Please provide the context: [SPECIFY CONTEXT HERE]

Your mission is to develop an elevator pitch for: [BRIEF PRODUCT DESCRIPTION HERE]

The essence of an effective elevator pitch is to concisely and engagingly introduce your product within 30-60 seconds, perfectly balancing information and intrigue to spark curiosity.

Remember, the primary goal is not to secure an immediate sale but to pique interest for a future, deeper conversation.

As you prepare your pitch, apply the CRISP method for maximum impact:

C - Condense
Summarize the essential elements of your offer, including your background and objectives.

R - Relevance
Focus on the top 3 features of your product that will most appeal to your audience.

I - Identity
Weave in what makes you unique. Share your story or a distinctive aspect of your product.

S - Simulation
Time your pitch to ensure it's within 30 seconds. Practice, record, critique, and refine for clarity and impact.

Craft 5 elevator pitches adhering to these principles:
Each pitch must be concise, no more than 280 characters.
Aim for brevity and memorability.
Directly address the audience's needs and desires.
Provoke curiosity with specific and intriguing details.
Present the product without overt selling.
Exclude any call to action.
Feature tangible, specific benefits only.
Adopt a friendly, approachable tone.
Use clear, accessible language."
This optimized prompt is structured to facilitate the crafting of effective elevator pitches for any product, enabling sellers to efficiently engage and intrigue their audience.

💼 AI Jobs

• King: AI Solutions Engineer (Link)

• HSBC: Artificial Intelligence Strategy Analyst (Link)

• PwC: AI - Machine Learning Engineer, Senior Associate (Link)

• Tencent: Artificial Intelligence (Link)

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