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Thursday’s top story: French AI start-up, Mistral, have released its first multimodal model, Pixtral 12GB, and are calling it Europe’s answer to ChatGPT.
🤖 Pixtral 12B: Europe's answer to ChatGPT?
💪 How to automate 80% of your outbound work
📚 Google turns research into podcasts
💼 How to become an AI Consultant
🔏 How to protect data using ChatGPT
🎞️ Adobe’s version of Sora?
😡 Musk’s secret project angers locals
Read Time: 5 minutes
🍟 AI stocks and the broader market rebounds higher after stabilising to begin the week. NVIDIA led the surge to the upside, gaining over 8% on news that the US government is weighing up the possibility of letting the chip maker export advanced chips to Saudi Arabia. Learn more.
Our Report: French AI start-up, Mistral, has released its first multimodal model—Pixtral 12GB—capable of processing and understanding both images and text, just like OpenAI’s ChatGPT can.
🔑 Key Points:
Pixtral 12GB is built on Mistral’s existing text-based model—Nemo 12B—and can complete tasks like captioning images, identifying and counting objects in images, and answering image-related queries.
Mistral hasn’t said what data was used to train Pixtral, but has confirmed it's available now (for nothing) from GitHub and Huffing Face, and it’s open-source, meaning anyone can fine-tune and train it, without restrictions.
Although functional demos haven’t been released yet, Mistral has confirmed that Pixtral will be available for users to access via their chatbot—Le Chat—and their API platform—Le Platforme, over the coming days.
🤔 Why you should care: The release of Pixtral 12GB comes after Mistral successfully raised $645M in funding, in June, which valued the Microsoft-backed start-up at $6B after just one year and is, therefore, being hailed as Europe’s equivalent to OpenAI, having had a similar growth trajectory.
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Our Report: Google has launched a new feature—Audio Overview—which sits within its existing AI-powered note-taking app—Notebook LLM (which uses Gemini to produce text summaries of research)—where two AI hosts will take a piece of research and audibly summarize it, making connections between topics, and “bantering back and forth,” like a podcast.
🔑 Key Points:
Audio Overview is aimed at those who learn better by listening, not reading, as it gives them an alternative way to digest and understand the information in the documents they’ve uploaded to Notebook LLM.
To make it human-like, the AI hosts will summarize material using conversational speech patterns, share additional facts, use metaphors to explain concepts, and find connections in the material.
Users can download conversations and listen to them ‘on-the-go’, but Google has warned them that the feature is “not a comprehensive or objective view of a topic, but simply a reflection” of their notes.
🤔 Why you should care: Google has also reminded users that the feature is still in beta so they’re likely to experience some inaccuracies, plus it can sometimes take up to seven minutes to generate the podcast-like audio summary and it’s just available in English.
The AI consulting market is about to grow by a factor of 8X – from $6.9B now, to $54.7B in 2032.
But how does an AI enthusiast become an AI consultant?
How well you answer that question makes the difference between just “having AI ideas” and being handsomely compensated for your contribution to an organization’s AI transformation.
Thankfully, you don’t have to go it alone – our friends at Innovating with AI just welcomed 200 new students into The AI Consultancy Project, their new program that trains you to build a business as an AI consultant. Some of the highlights current students are excited about:
The tools and frameworks to find clients and deliver top-notch services
A 6-month plan to build a 6-figure AI consulting business
Students getting their first AI client in as little as 3 days
And as an AI Tool Report reader, you get early access to the next enrolment cycle.
Type this prompt into ChatGPT:
Results: After typing this prompt, you will get a cyber security strategy to help you protect your data from hackers and cyber criminals.
P.S. Use the Prompt Engineer GPT by AI Tool report to 10x your prompts.
Clove, a growing e-commerce shoe company, was drowning in customer inquiries. The answer? Yuma AI, an artificial intelligence platform for customer support.
The results were staggering. Within three months, Clove achieved a 3x ROI, automated 40% of inquiries, and reduced support costs by 25%. Customer happiness scores improved by 15% as response times plummeted.
The AI Report dives deep into how Clove transformed their customer service with AI.
Subscribe to The AI Report for the full story and more premium insights and tactics!
Adobe has previewed three new AI video generation features which are powered by its in-development Firefly video model (demoed in April), which will be ready to use by the end of this year.
The ‘Generative Extend’ feature extends videos by two seconds, and the ‘Text to Video’ and ‘Image to Video’ features can create five-second videos from prompts or images (OpenAI’s Sora can create 60-second videos).
The quality of the footage Adobe demoed, looks on par with OpenAI’s Sora and, because the models have been trained on licensed, public domain, and Adobe Stock content, copy infringement issues are unlikely.
Elon Musk has irritated residents of South Memphis after he took over a huge factory and turned it into a data canter to help him build the “world’s largest supercomputer,” named Colossus.
His new data center popped up almost overnight, and gave residents no indication of the potential impact on the local power grid, air quality, or water resources, leaving locals feeling undervalued.
Locals felt the project was shrouded in secrecy, and no-one was “included in conversations about what was transpiring” in their own backyards because Musk deemed them “not valuable enough.”
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Until next time, Martin & Liam.
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