LinkedIn Introduces Its First AI Hiring Assistant to Revolutionize Job Recruitment

PLUS: Google's AI Development Leap: Over a Quarter of New Code Now AI-Generated

1. OpenAI's Financial and User Growth: OpenAI has reportedly seen significant revenue, with 75% of its income coming from consumer subscriptions, and it boasts 250 million weekly active users for ChatGPT. This indicates a strong consumer adoption of AI technologies.
2. Nvidia's Financial Performance: Nvidia reported a record-breaking quarterly revenue of $30 billion, highlighting the surging demand for AI-driven data center chips. This financial success underscores the ongoing boom in AI hardware technology.
3. AI in Healthcare: There's mention of AI applications in healthcare, with some hospitals using OpenAI's transcription technology despite known issues like AI hallucinations, pointing to both the integration and the challenges of AI in medical settings.
4. Regulatory Developments: The White House has launched a task force aimed at coordinating policies on AI regulation, reflecting growing governmental interest in managing the implications of AI advancements.
5. New AI Tools and Features: New AI coding assistants like Poolside AI and Magic have been highlighted, showing the continuous innovation in AI tools for developers.

• Aptitude - Listen to your customers at scale.
• Browse AI - A powerful data extraction tool that automates scraping and integrating data from any website.
• Circleback - An AI-powered tool that automates meeting notes and workflows by recording, transcribing, and summarizing meetings across platforms like Zoom and Slack.
• Lasso AI - Turn metadata into revenue with additive, verified contact data via industry-leading index accuracy.
• Inncivio - Learn anything faster with a personalized AI micro-learning platform.
• Sourcely - AI-powered literature sourcing tool to streamline research for academics.

Implementing a Champion-Challenger approach in your automation strategies.

This method allows businesses to test new automation tactics against their current ones to optimize performance.

Meta's New Venture: Crafting a Search Engine for Its AI Chatbot

PLUS: Elon Musk's AI Venture, xAI, Eyes Massive Funding Boost

• AI Chip Development: There's notable activity in the development of AI-specific hardware. OpenAI is reportedly working on its first AI chip in collaboration with Broadcom and TSMC, indicating a move towards more customized hardware solutions for AI applications.
• AI Search Engine Development: Meta is reportedly developing its own AI-driven web search engine to reduce reliance on Google and Microsoft's Bing, signaling a shift in how tech giants are approaching web search with AI integration.
• AI Image and Vision Capabilities: xAI has enhanced its Grok AI chatbot with image understanding capabilities, broadening the scope of AI interaction beyond text.
• AI in Software Development: More than a quarter of new code at Google is now generated by AI, showcasing the significant impact of AI on software development processes. Additionally, Microsoft’s GitHub is integrating AI models from Anthropic and Google into its coding assistant, affecting millions of developers.
• AI Ethics and Regulation: The SAG-AFTRA and Ethovox have set guidelines for AI voice replicas, highlighting ongoing discussions around AI's ethical use in creative industries.
• AI Policy and Funding: There's mention of Congress potentially defunding the US AI Safety Institute, which could impact AI governance and safety research.

Trending AI Tools:

• APIPark - Open-source AI gateway to easily manage, integrate, and deploy AI services
• SwarmStack - AI agent for product planning with tailored recommendations to take your idea to market efficiently
• Canonical AI - Improve voice agents with audio metrics, conversational metrics, and caller journeys
• ReadKidz - One-stop AI multimedia children’s story creation platform
• Chat2DB - Write SQL and analyze data with AI

Automation Tip of the Day:

How to Use Dynamic Content to Supercharge Your Email Marketing

AI ETFs: The New Frontier in Investment Amidst Market Hype

Plus: Apple Introduces Cutting-Edge AI

Other AI News

• U.S. Tightens Investment in Chinese AI and Chip Tech: The Biden administration has introduced new restrictions aimed at Chinese AI and semiconductor technology, reflecting ongoing geopolitical tensions.
• OpenAI's Startup Sierra Valuation: OpenAI's chairman's startup, Sierra, has reportedly been valued at $4.5 billion, highlighting significant investment in AI ventures.
• Gmail Rolls Out AI Email Writing: Google's Gmail is implementing AI features for email composition on the web, enhancing user productivity.
• Universal Music and Ethical AI Music: Universal Music Group is collaborating on initiatives for ethical AI-generated music, addressing copyright and ethical concerns in music creation.
• Pentagon's AI Strategy: The White House has directed the Pentagon to accelerate AI development to maintain strategic advantage over China, focusing on security and ethical use.
• Open-Source AI Transparency: There's a push for open-source AI models to disclose their training data, aiming for greater transparency in AI development.
• AI Consumer Subscription Trends: Insights from OpenAI's CFO reveal that a significant portion of their revenue comes from consumer subscriptions, with a notable conversion rate from free to paid users.

Trending AI Tools:

Claude Computer Use - Give Claude the power to view your screen, click, type, and execute tasks

Pricing Maker - AI pricing generator for your product or SaaS

Flot AI - Described as an all-in-one AI assistant that integrates across apps and websites to help with writing, reading, and information retention.

Fill Genius - Automate form filling in seconds with AI

Loomos - Convert rough Loom recordings into professional videos

Automation Tip of the Day:

Automate Client Onboarding Processes

AI-Generated Computer Virus Case Story. Plus: Google Preps AI That Takes Over Computers

Trending AI Tools:

• Incogni prevents spammers, stalkers, and fraudsters from accessing your information by removing it from the web.
• ObjectRemover deletes unwanted objects from images and enhances quality
• EditApp creates and edits mobile images with AI
• FocusBuddy is your always on AI executive assistant
• DataMonkey is your GeoAI to combine in-house with public map-based data
• Tattoon App is realistic overlay of tattoos on people's bodies with AI
• FAQWidget is AI-powered FAQ generator for boosting engagement and sales
• Subtitly is realtime subtitles and translations for any app

Read more at newsletter.sumogrowth.com

Main Topic: AI Chip Demand Surge Drives Industry Growth in Q4 2024

Plus: Google's NotebookLM launches business pilot

Read more at newsletter.sumogrowth.com