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- π΄ The 5 Horsemen of AI
π΄ The 5 Horsemen of AI
The AI model leaderboard
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/8540a14e-7efc-41c2-a64c-1b8fabe7634a/AI_Fire__Newsletter_Thumbnail_02.png?t=1719562348)
Plus: The AI model leaderboard
Read time: 5 minutes
Letβs start a new day with a fun fact!
Did you know there are only 1.4M developers worldwide? If you know how to prompt engineers using GenAI, you're 95% ahead of developers globally!
What are on FIRE π₯
AI REPORT
π AI Revives Consumer Cloud
![ai-revives-consumer-cloud](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/87ffcf2f-eee0-4397-8cde-d67af497aace/AI_brings_Consumer_Cloud_back_from_the_dead.jpg?t=1719546663)
Source: Bessemer Venture Partners
Consumer cloud lagged with only 4% of top cloud companies focusing on it, but AI is changing this.
Key Takeaways:
4% of Cloud 100 companies cater to consumers.
Dropbox's IPO in 2018 was a key consumer cloud event.
ChatGPT matches Reddit in user engagement.
Perplexity, Character.ai, and Midjourney lead in AI innovation.
Early-stage consumer AI apps show growing interest and demand.
Why it matters: Looking back at last year's predictions, itβs clear the speed and scale of change were underestimated, despite the optimism. The prediction that AI-native companies would reach $1 billion in revenue 50% faster than traditional cloud companies was accurate. In the 2025 State of the Cloud report, AI will still be in the spotlight. Despite some hits and misses, overall progress will likely exceed expectations, leading to even more excitement for the future.
AI INSIGHTS
π‘ CEOs Bet Big on AI's Future
![ceos-bet-big-on-ai-future](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/6b7d4063-e3a8-4688-87b2-c43b98fd3e18/the-percentage-use-of-ai-in-companies-to-help-maintain-or-grow-company-revenue-in-2024-and-2025.jpg?t=1719547092)
Source: Gartner
The 2024 Gartner Survey finds that 34% of CEOs view AI as the key to future transformation, but detailed plans are still developing.
Key Takeaways:
34% of CEOs see AI as the top transformative tech.
64% believe 2023 AI breakthroughs justify the hype.
75% of CEOs used ChatGPT in early 2023.
49% have GenAI in their productivity plans.
87% think AI benefits outweigh the risks.
86% expect AI to help grow revenue by improving customer experience and talent productivity.
Why it matters: AI's potential to change business is clear, but success will depend on how effectively CEOs can translate their enthusiasm into actionable plans and measurable outcomes.
π Today's Trivia - Vote, Learn & Win!
One week, one chance. Do you want to get early access to AI Fire Academy? Join us and grab this amazing opportunity.
When was GPT-4o's voice mode first launched? |
TODAY IN AI
AI HIGHLIGHTS
π Google DeepMind releases Gemma 2, available in 9B and 27B parameter sizes, offering top-tier performance and efficiency for AI tasks. Integrates seamlessly with tools like Hugging Face and NVIDIA, making advanced AI more accessible.
π€ If you are a developer, would you join the top 5%?
Only 5% of devs use ai?!?!?
We are so early.
β Nick Dobos (@NickADobos)
8:54 PM β’ Jun 27, 2024
πΌ Learn from the Magnificent Seven and Granolas. Companies like Amazon, Apple, and LVMH achieve success through distinct capabilities, called superpowers, integrating people, processes, and technology.
π» Israel will launch a tender next month for its first supercomputer, investing $250 million to stay competitive in AI technologies. The project will be completed by 2027.
π€ Goldman Sachs is deploying its first generative AI tool for code generation to thousands of developers, aiming for a 20% efficiency boost by month-end.
π οΈ A Reddit user, "u/RozziTheCreator" got an early look at ChatGPT's new voice feature. It's much better and even adds background sound effects while narrating! It seems OpenAI just combines the GPT-4o voice feature and voice engine.
AI STOCK
![ai-stock](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/774c37ac-045b-48c7-9736-595930d8ee2e/AI_stock.png?t=1719562586)
DAILY AI FUNDRAISING
Axelera AI raised $68M in Series B funding, totaling $120M. The funds will support global expansion and new AI products, enhancing efficiency and performance.
Hebbia, an AI startup for document search, raised nearly $100M in Series B funding led by Andreessen Horowitz, valuing it at $700-$800M. Founded in 2020, Hebbia's AI aids financial firms.
AI SOURCES FROM AI FIRE
NEW EMPOWERED AI TOOLS
π΅ Bluedot* is an AI-powered Chrome extension for Google Meet. It automates meeting notes and can write follow-up emails for you. Try Chrome Extension.
π§ Superhuman 2.0 is an AI-powered email built for high-performing teams.
π¬ Lazy AI builds web apps with prompts and deploys them to the cloud.
πͺπΌ The Fittest gamifies your fitness journey with AI.
π Replyhub is an AI that talks about your product on Reddit automatically.
* indicates a promoted tool, if any
AI QUICK HITS
1. π΅οΈββοΈ The hidden secret of AI training data (Read more)
2. π Perplexityβs grand theft AI (Read more)
3. π Hugging Face updates Open LLM Leaderboard (Read more)
4. π Bill Gates: AI can fight climate change with good intent (Read more)
5. π Major security flaw found in Rabbit R1 (Read more)
AI CHART
AI is currently experiencing a speculative bubble akin to past tech bubbles, such as the dot-com era. Prices of AI-related companies have surged, driven largely by investor speculation rather than solid fundamentals.
This phenomenon, coupled with the dominance of tech giants like Nvidia, Microsoft, and Appleβknown as the "Five Horsemen of AI"βwho collectively wield substantial influence over the sector and the broader market, underscores the perceived necessity of holding these stocks for optimal market performance and stability.
AI TUTORIAL
Using Local Model on Your Browser
![ai-tutorial-using-local-model-on-your-browser](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/ce8e6ded-8032-4b19-b625-16df60f603af/using_local_model_on_your_browser.jpg?t=1719549291)
Now you can use Bring Your Own Model (BYOM) in Brave Nightly. It allows you to connect Brave's AI assistant Leo to your own AI models, whether they're on your computer or somewhere else. This gives you more control over customization and keeps your data private.
Step 1: Install Ollama
Visit Ollama Download, select your platform, and download and unzip the file.
Move the application to your desktop or Application folder.
Open the application, follow the installation steps, and finish.
Open your terminal and type
ollama pull llama3
to run Meta's Llama 3 model locally. Ensure your laptop has at least 8GB of RAM. Wait for the model to download, which may take some time.
Step 2: Configure in Leo
Open the Brave browser, go to Settings, then Leo.
In the Bring your own model section, click Add new model.
Enter the model details:
Label: Name of the model in the menu.
Model request name: Name used for server requests (must match the serverβs expected name).
Server endpoint: URL of your serving framework, typically
http://localhost:11434/v1/chat/completions
.API Key: Add if required by the framework for authentication.
Click Add Model to integrate your model with Leo.
Using Remote Models
For external models like OpenAI's GPT-4, use
https://api.openai.com/v1/chat/completions
as the endpoint.Add the model name and your private API key in the respective fields to connect.
This setup ensures local processing without data transfer to third parties and supports integration with any local or remote model complying with the OpenAI chat protocol.
AI PROMPT
A Prompt to Streamline and Optimize Task Management
Boring yet essential tasks in my business include [list them here, for example, accounting, HR, payroll, small setup tasks]. Let's go through them one by one. Your task is to create a two-column standard operating procedure (SOP) for each task after hearing me talk through the process.
Task Description: [Describe each task here]
Step-by-Step Process: [Detail each step involved]
For each step, we will discuss the following:
Delegate: Is there someone else in the team who can handle this task?
Automate: Is there a software or tool that can take over this task?
Eliminate: Is this task necessary, or can we remove it entirely?
Once we decide, you will populate the SOP table accordingly. Repeat this exercise for every task I listed.
AI-GENERATED IMAGES
![ai-generated-image](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/8173ad1f-37b3-4271-b44a-32ab421509a4/ai-generated-image.jpg?t=1719550373)
Create a minimalist risograph poster featuring [describe your object]. Use simple shapes and a woodblock technique, with a color palette including [yoru color palette]. Design the poster in a modernist graphic style inspired by Peter Max and Victor Moscoso.
AI JOBS
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LAST WORD π
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The AI Fire Team
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