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- ☢️ Google Goes Nuclear
Plus: $400 for AI-powered pet
Read time: 5 minutes
It sounded like the setup to a joke, and for a while I thought it was: A company called OpenAI sues a company called Open AI. What is happening? Scroll down for more.
What are on FIRE 🔥
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AI REPORT
💡 AI in 2025 - The Data Behind the Hype
While companies are excited about AI, many are still waiting for the big results they were hoping for. So, what’s really happening with AI in the business world? Here’s a look at how companies are using it, where it’s working, and where things are still falling short.
Key takeaways:
AI is Everywhere, but Results Are Still on Hold: Businesses are jumping on the AI bandwagon, but over half are still waiting to see big returns from their investment. There’s a clear gap between excitement and actual results.
AI is in Use, but is it Working? A whopping 79% of companies are using AI in some form, but only 47% say it’s really paying off. Most are seeing benefits in cutting costs and working more efficiently.
Businesses Are Testing the Waters: AI tools are seeing higher turnover than other software, which means companies are still figuring out what works best for them.
AI vs. SaaS – The Race is On: AI tools are catching on faster than regular software, but companies aren’t pouring money into them as quickly. Many businesses are holding off on big spending for now.
Why it matters: AI isn’t a quick fix. It needs careful planning and time to show real results. For those who get it right, the rewards can be huge. As we look ahead, AI will keep shaping the business world. Whether it meets the high expectations or takes on a smaller role, one thing is clear, it’s going to be an exciting journey.
TODAY IN AI
AI HIGHLIGHTS
😱 The murdered teen's dad was shocked to find an AI chatbot using his daughter's name and photo on Character AI. The incident highlights the risks of sensitive personal information misuse.
🤔 OpenAI is fighting over a name with Guy Ravine (who owns the 'Open AI' - with a space). he thought of it first and told big tech bosses about it before OpenAI started.
🚀 OpenAI introduced Swarm, an open-source tool that simplifies building and managing AI systems with multiple agents working together.
🔌 Google partners with Kairos Power to build 7 small nuclear reactors for its data centers by 2030 as tech firms seek clean energy.
🔍 OpenAI’s study looked at the way small details, like a user’s name, can affect ChatGPT’s responses, examining first-person fairness and how biases directly impact users.
⚡ The China team’s 01AI_YI model, Yi-Lightning, is now ranked #6, performing great in Math, Hard Prompts, and Coding, matching top models like Grok-2.
DAILY AI FUNDRAISING
Gladia, an AI audio intelligence company, raised $16M in Series A funding to expand beyond transcription. Their real-time speech-to-text engine, boasting 300ms latency, supports 100+ languages and over 70,000 users globally.
AI SOURCES FROM AI FIRE
NEW EMPOWERED AI TOOLS
✨ Conveyor automates the entire customer security review, from secure document sharing to generating instant answers.
💭 Hello8 AI translates your videos into 29+ languages and reach the entire world.
📍 LLMWare is dev tool to make AI apps to deploy privately or locally.
🍀 Audeus reads aloud Google Docs, email, or any text and get into flow instantly.
🗃️ SheetBot AI is an AI data analyst to visualize, summarize, and automate work.
AI QUICK HITS
🐾 $400 AI-powered pet helps with mental health (Link)
🎮 AI model creates playable Counter-Strike simulation at 10 FPS within a neural network (Link)
🔄 Microsoft VP leaves to join OpenAI’s ChatGPT team (Link)
🔐 Former Palantir security chief joins OpenAI (Link)
💼 Perplexity introduced a finance search tool to explore different financial data points (Link)
AI CHART
If you’re following financial markets, AI is something to watch closely. It’s not just about boosting efficiency — but also about managing new risks. Here’s a breakdown of what AI is bringing to the table and why it matters.
AI in Trading:
Increased Efficiency: AI is speeding up transactions and boosting liquidity, helping markets run smoother.
Growing Adoption: Although still in its early days, AI-driven trading is expected to grow fast in the next 3-5 years, especially in areas like equities, bonds, and derivatives.
What’s Changing?
Faster Reactions: AI allows markets to react almost instantly to news — for example, after Federal Reserve announcements, giving AI-driven trades an edge over humans.
More Common High-Frequency Trading: Expect to see high-frequency trades becoming the norm, thanks to AI’s ability to process vast amounts of data.
Potential Risks:
Market Volatility: During market stress, AI-driven ETFs could lead to herd-like behavior, increasing instability.
Shifting Players: Hedge funds and proprietary firms are embracing AI faster than traditional banks due to fewer regulations. This could make markets harder to control.
What Needs to Happen?
Stronger Regulations: To manage these risks, regulators need to update market rules — think circuit breakers and margin requirements.
Transparency and Oversight: Financial institutions should disclose how they use AI and map out the dependencies between their data, models, and infrastructure to keep things in check.
AI JOBS
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The AI Fire Team
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