AI NEWSLETTER

Date: 2nd May’24

History of Development 

On May 2, 1997, IBM’s Deep Blue defeated world chess champion Garry Kasparov in the last game of their match, winning the series 3.5 to 2.5. This was the first time a computer had beaten a reigning world chess champion in a classic match format.\

AI NEWS

Latest AI TOOLS 

AI ToolsLinksUses/Purposecomplete details
Professor.AIProfessor.AI A personalized AI tutor, addresses costly tutoring and comprehension issues through custom chatbots and libraries, helping in standardized tests. A personalized AI tutor, addresses costly tutoring and comprehension issues through custom chatbots and libraries, helping in standardized tests.
EffieEffie.ai A versatile writing tool, employs outlining, mind-mapping, and AI support for enhanced creativity. Features include multi-platform support, offline capability, and cloud synchronization. A versatile writing tool, employs outlining, mind-mapping, and AI support for enhanced creativity. Features include multi-platform support, offline capability, and cloud synchronization.
Play.AIPlay.AI A conversational voice AI platform, offering real-time, human-like voice agents, enhancing contextual, fluid conversations with turn-taking, interruption handling, and emotion modulation. A conversational voice AI platform, offering real-time, human-like voice agents, enhancing contextual, fluid conversations with turn-taking, interruption handling, and emotion modulation.
 Intellecta Intellecta.ai Employs AI for enhanced customer experiences, utilizing GPT models to handle inquiries across chat, social media, and email platforms. Employs AI for enhanced customer experiences, utilizing GPT models to handle inquiries across chat, social media, and email platforms.
Prem PlatformPrem Platform.ai An intuitive, user-friendly development platform for building generative AI solutions with ease. An intuitive, user-friendly development platform for building generative AI solutions with ease.
EdrawMaxEdrawMax.ai Speed up diagram creation with smart suggestions. Speed up diagram creation with smart suggestions.
 Brandblast brandblast.ai An AI-driven social media automation platform for efficient content creation, scheduling, and posting. Enhances online presence, engagement, and brand visibility. An AI-driven social media automation platform for efficient content creation, scheduling, and posting. Enhances online presence, engagement, and brand visibility.
 Otterly.AI otterly.ai Offers AI-powered brand and content monitoring for AI-driven search experiences like GPT, Gemini, and Bing Copilot, aiding SEO optimization. Offers AI-powered brand and content monitoring for AI-driven search experiences like GPT, Gemini, and Bing Copilot, aiding SEO optimization.
OuterbaseOuterbase.aiEnhances database interaction via AI-driven navigation, SQL/NLP queries, and visualizations. Features include native apps, diverse DB support, and AI Data Studio.Enhances database interaction via AI-driven navigation, SQL/NLP queries, and visualizations. Features include native apps, diverse DB support, and AI Data Studio.
SecBrainSecBrain .aiUtilizes AI for organizing ideas, meetings, and video content with automatic summarization and advanced search.Utilizes AI for organizing ideas, meetings, and video content with automatic summarization and advanced search.
 Github Copilot Workspacehttps://www. Github Copilot WorkspacA copilot-native dev environment for codingA copilot-native dev environment for coding
 Midjourney Group Creationhttps://www.Midjourney Group Creation A new feature on Midjourney that allows users with 1k+ test images to collaborate. A new feature on Midjourney that allows users with 1k+ test images to collaborate.
Yelp AI assistantYelp AI assistant.ai Easily find and connect with local service professionals. Easily find and connect with local service professionals.
GoProfilesGoProfiles.aiGenAI people platform for employee engagement and recognitionGenAI people platform for employee engagement and recognition

The Most Recent AI Firm To Take On Reality

History of Startup: – At first, Tome concentrated on creating consumer-facing AI solutions, serving a wide range of users with activities including creating presentations, post-surgery instructions, and assignments for classes. With 20 million users, the consumer-focused strategy presented difficulties in terms of monetization because of the sporadic usage patterns and reluctance of users to pay for these kinds of services.

Turn Your Attention to Enterprise Clients: Tome has redirected its attention towards enterprise clients and let go of 20% of its staff due to monetization difficulties.
“- With the use of its AI technology, the company hopes to help salespeople by giving them the means to automatically create customized pitch decks for prospective customers.
“- This change corresponds with a larger trend in the market where AI companies are progressively going after corporate clients in order to

focusing more on business clients in order to increase revenue.

Tool Offering for Business Clients: – By examining SEC filings and news articles, the new enterprise tool helps salespeople learn more about potential clients.
* To effectively create customized pitch decks, it makes use of cutting-edge AI models like OpenAI’s GPT-4 and Meta’s Llama.
* CEO Keith Peiris reports that with the new enterprise solution, salespeople may produce a sizable number of presentations daily.

CEO’s Perspective: In contrast to consumer-focused products, CEO Keith Peiris thinks that concentrating on commercial clients offers a more direct route to creating a sustainable firm.
* He draws attention to the difficulties in scaling up consumer product monetization, particularly when a sizeable section of the user base does not pay for the notably in cases where a sizable fraction of users do not pay for the service.

All things considered, Tome’s turn to providing enterprise clients with AI-powered tools for creating presentations represents a calculated move to increase revenue creation and handle issues related to customer-focused business models.

Navigating the Complexities of AI Development: Sam Altman’s insights

 

Sam Altman explained the complex choices that go into developing ChatGPT in a recent talk about the challenges of directing technological breakthroughs like this one. Altman highlighted the importance and challenge of research orientations by emphasizing their critical role in determining the course of such systems.

According to Altman, one of the hardest things is finding a balance between minimizing potential risks and utilizing AI’s enormous potential. This entails negotiating the moral conundrums that arise from controlling AI engines’ behavior and setting limits on their application. Altman raised an interesting query: ought ChatGPT to offer legal counsel?

Given the potential for hallucinations and false information, it might seem wise to avoid using such capability, but Altman recognized that many people do not have access to legal representation. He proposed that in certain situations, an AI-driven solution might be able to provide some help, even if it would be insufficient.

Altman emphasized the value of providing consumers with the tools they need to appropriately utilize technology, even with assistance. In contrast to traditional terms of service agreements, he suggested creating a user manual or guide that would give users crucial information on how to use ChatGPT and other related products appropriately. This booklet would be an essential part of the onboarding process for new users, stressing personal accountability while recognizing the inherent risks of AI technology.

Altman did, however, recognize the inherent difficulties in successfully putting such controls in place and the bounds of technology in terms of assuring responsible usage. Notwithstanding these obstacles, he supported an active strategy that places an emphasis on user empowerment and education, however with the knowledge that each user has the final say in matters of accountability.

Essentially, Altman’s observations show the intricate relationship that exists between ethical issues, technological innovation, and individual accountability, emphasizing the necessity of a comprehensive strategy for navigating the rapidly changing field of artificial intelligence.

 

“AI is the new electricity. Just as 100 years ago electricity transformed life, AI is going to transform life further in the coming decades.” – Andrew Ng, Co-founder of Coursera, former Chief Scientist at Baidu

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