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- 🤖 Small AI Model Is The New Standard?
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Plus: The ROI of Gen AI
Read time: 5 minutes
It seems a new AI trend is coming up
Instead of doing everything ChatGPT can do, small models are gaining interest because they handle specific day-to-day tasks with less data.
What are on FIRE 🔥
AI REPORT
🤖 The ROI of Gen AI
Google Cloud's survey highlights the significant revenue gains enterprises are seeing from generative AI.
Key Takeaways:
86% of companies using gen AI reported a 6% or more revenue increase.
74% of organizations are currently seeing ROI from their gen AI investments.
63% of firms identified AI as a major growth driver.
The survey included 2,508 senior leaders from global enterprises.
45% productivity boost noted, especially in IT processes.
Why it matters: Using Gen AI in your business isn’t just about new tech—it’s about growing and staying ahead. The benefits in revenue and productivity show that adopting AI now can help your company succeed and keep up in a fast-changing world. Training and involving your team in AI efforts will make this transition smoother and more effective.
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🎁 Today's Trivia - Vote, Learn & Win!
Think you know AI? Prove it! Answer correctly and you could earn a 3-month membership to AI Fire Academy. It’s your chance to explore our unique learning community.
Which of these is a field that is closely related to AI? |
TODAY IN AI
AI HIGHLIGHTS
🤖 OpenAI, Google and Meta are all investing in more affordable alternatives to large language models.
🚀 Palantir shares soar 11% as Microsoft's partnership targets US defense, offering AI and cloud services, while Q2 shows 54% revenue from government clients.
📉 Humane's $699 AI Pin faces crisis as returns outpace sales, with $1M returned against $9M total sales, leaving only 7,000 units with customers.
🗣️ OpenAI warns of potential emotional reliance on ChatGPT's new voice mode, citing risks of anthropomorphization and reduced human interaction.
💰 OpenAI leads $60M Series B for Opal Camera, maker of $149 Tadpole webcam, signaling shift towards AI-powered creative consumer devices.
🏫 LG's CLOi robots to assist 5M Korean students using AI textbooks from March 2025, as tech giants develop VR-enhanced, personalized learning solutions.
DAILY AI FUNDRAISING
BrandRank.AI, a Cincinnati, OH-based company which specializes in generative AI-based brand search analytics, raised $1.2M in Seed and Angel funding.
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AI QUICK HITS
AI CHART
Recent research from economists at UChicago shows that the AI chatbot ChatGPT is very good at investment tasks.
It can predict company investment plans, understand complex company reports, and spot risks in companies.
Experts think that ChatGPT will also change many high-skilled jobs like journalism, IT support, human resources, and marketing.
This paper looks at how people are using ChatGPT, showing who is using it, how workers think it will affect their jobs, and why some use it while others do not.
Working with Statistics Denmark, the authors asked 100,000 workers from 11 different jobs that use ChatGPT between November 2023 and January 2024.
AI TUTORIAL
Visual Timelines of Chats Using Claude
Claude's new Artifacts feature lets you make visual timelines of chats. This helps you summarize and keep track of complicated projects when the conversation gets long.
Go to Claude AI and create an account if you don't have one.
Have a detailed chat with Claude about your project or topic.
When you're ready, ask Claude to "Create a mermaid timeline of this chat, starting from the first conversation and focusing on the key points. Skip any errors and concentrate on the most important parts. For each key discussion point, provide at least three simple sentences explaining the content, actions taken, and the purpose of that section. Make sure the timeline is visually clear in the code preview.”
Check the timeline Claude creates, and use it to review, share, or analyze the progress of your project!
AI JOBS
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