Welcome to AI Tool Report!
Monday’s top story: Amazon acquired Adept's leadership and technology to boost artificial general intelligence efforts…
🌤️ This Morning on AI Tool Report
🤝 Amazon's AGI Talent Grab
🔐 How to keep your SSN off the dark web
📊 Google's Gemini falls short
ℹ How to explain complex tasks in seconds
🏅 How to get an edge on the competition with ChatGPT
🌍 Gates: AI aids climate fight
🔍 EU probes AI partnerships
🚨 Yesterday, we launched the first issue of The AI Report!
You’ll receive the next issue for free on Sunday the 7th, after which all future issues will be held and delivered to The AI Report subscribers who have joined our Skool community…
Read Time: 5 minutes
STOCK MARKETS
🚨 The big AI names ended flat for the week. Nvidia is attempting to sustain growth and provide shareholder value by acquiring businesses. Last week, Bloomberg reported the $100M acquisition of Shoreline — click to learn more
RETAIL
🤝 Amazon's AGI Talent Grab
Our Report: Amazon has hired top executives from AI startup Adept and licensed their technology to boost its artificial general intelligence (AGI) efforts.
🔑 Key Points:
Amazon hired Adept co-founder and CEO David Luan, who will oversee Amazon's "AGI Autonomy" division, reporting directly to Rohit Prasad, head of Amazon's AGI unit.
Amazon will license Adept's technology, including multimodal models and datasets, under a non-exclusive agreement to enhance its digital agent capabilities.
Adept, founded in 2022 by former OpenAI and Google engineers, was valued at over $1B in early 2023 and is known for developing AI agents that can perform complex tasks without human assistance.
🤔 Why you should care: Amazon's move shows its commitment to competing in the AGI race alongside Microsoft and Google. By focusing on multimodal agents, Amazon is expanding beyond traditional language models, potentially revolutionizing AI applications across various sectors.
Together with Incogni
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📊 Google's Gemini falls short
Our Report: New research suggests that Google's flagship AI models, Gemini 1.5 Pro and 1.5 Flash, struggle with analyzing large datasets, contradicting Google's assertions about their advanced "long context" capabilities.
🔑 Key Points:
Two separate studies found that Gemini 1.5 Pro and 1.5 Flash answered questions about large datasets correctly 40-50% of the time in document-based tests.
In a video-based test, Gemini 1.5 Flash only transcribed six handwritten digits from a 25-image "slideshow" with 50% accuracy, dropping to 30% with eight digits.
The studies suggest Google has been overpromising and under-delivering with Gemini's capabilities, with VP Oriol Vinyals' claim that 1.5 Pro "performs these sorts of reasoning tasks across every single page, every single word" appearing to be an exaggeration.
🤔 Why you should care: As businesses and investors grow frustrated with the limitations of generative AI, there is increasing scrutiny on the gap between the hype and reality of these models' capabilities. This emphasizes the need for better benchmarks and third-party analysis to cut through the hype around generative AI.
Monday’s Prompt: How to get an edge on the competition with ChatGPT
Type this prompt into ChatGPT:
“Create a comparison chart of the features and benefits of our products versus competitors' products.”
Results: After typing this prompt, you will get a comprehensive comparison chart detailing the features and benefits of your products versus competitors, emphasizing your unique advantages.
P.S. Use the Prompt Engineer GPT by AI Tool report to 10x your prompts.
Together with Guidde
Tired of explaining the same thing over and over again to colleagues? 🥱
It’s time to delegate that work to AI.
Guidde is a GPT-powered tool with AI-generated documentation that helps you explain the most complex tasks in seconds
Turn boring documentation into stunning visual guides
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Share or embed your guide anywhere for your team to see
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🌍 Gates: AI aids climate fight
Our Report: Bill Gates, Microsoft co-founder and philanthropist, asserts that artificial intelligence will be more beneficial than detrimental in achieving climate goals, despite concerns about increased energy demand from AI data centers.
🔑 Key Points:
Gates estimates that data centers will only add "2% to 2.5%" to energy demand, far outweighed by AI's potential to reduce energy consumption by over 6%.
Despite AI's potential, Gates warns that the world may miss its 2050 climate targets by 10-15 years due to slow adoption of green electricity.
A recent study in Nature Scientific Reports found that generative AI produces 130-2,900 times less CO2 for simple tasks compared to humans.
🤔 Why you should care: AI's potential to optimize energy use and accelerate scientific breakthroughs could significantly boost climate efforts, outweighing its energy demands. This balance shows the importance of policies that support both AI advancement and environmental protection.
🔍 EU probes AI partnerships
Our Report: The European Union is scrutinizing major AI partnerships, including those between Microsoft and OpenAI, and Google and Samsung, over potential antitrust concerns.
🔑 Key Points:
The EU is also investigating Google's arrangement with Samsung to pre-install its Gemini Nano AI model on certain Samsung devices.
The EU is also looking into "acqui-hires," exemplified by Microsoft's $650-million acquisition of startup Inflection in March 2024.
While OpenAI's parent is a nonprofit, Microsoft has invested $13B in a for-profit subsidiary, for what would be a 49% stake.
🤔 Why you should care: The EU's scrutiny signals increasing regulatory attention on Big Tech's influence in the quickly-growing AI sector. These investigations could set global precedents for AI partnership and acquisition regulations, potentially reshaping how AI is developed and implemented worldwide.
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