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- š¤ Amazon enters AI chatbot race (finally)
š¤ Amazon enters AI chatbot race (finally)
š«£ Google next to take on OpenAIās o1?
TOGETHER WITH INCOGNI
Welcome to AI Tool Report!
Fridayās top story: Amazon could finally be debuting its LLMāOlympusāat its AWS conference, next week.
š To protect your personal information online, from AI scammers, we recommend you try Incogni
š¤ļø This Morning on AI Tool Report
š¤ Amazon enters AI chatbot race (finally)
š How to protect your personal info online with Incogni
š«£ Google next to take on OpenAIās o1?
š¼ How to start your career as an AI consultant with Innovating with AI
šŖ“ How to use the āGrowth Hacking Playbookā to scale using ChatGPT
š The US beats China in the global AI race
Read Time: 5 minutes
FACT OF THE DAY
š¤ According to the 2024 Stack Overflow Developer Survey, around 82% of software engineers are using AI tools to write code and 68% are using them to search for answers to coding questions or to help fix issues.
STOCK MARKETS
š¦ The stock market was closed yesterday due to Thanksgiving in the United States. AI and tech stocks are setting up for a strong finish to the year. Learn more.
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CHATBOTS
Our Report: Amazon is reportedly about to reveal its first, advanced Large Language Model (LLM), codenamed āOlympusā next week, at its annual AWS conferenceāre:Invent.
š Key Points:
Reports that Amazon was building a new AI model came out in November last year, and with a team dedicated to training it, experts believed (at the time) it could be one of the largest LLMs ever trained.
Amazon Olympus also (allegedly) has multimodal capabilities, which means it doesnāt just process or read text, it can see and understand visual contentāie. videos and imagesātoo.
And if rumors are to be believed, it can also search visual content and find specific scenes or moments via simple text prompts, such as: āShow me the game-winning basketball shot.ā
š¤ Why you should care: While Amazon has been slow to release a flagship LLMātrailing behind the likes of OpenAI, Google, and MicrosoftāOlympus represents a shift in Amazonās focus as it enters the AI arena, and the release of its own LLM will also reduce reliance on third-party AI technologies, such as Anthropics Claude chatbot (despite plowing $8B into the start-up).
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TOGETHER WITH INCOGNI
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TRENDING TOOLS
TeamAI lets you prompt the world's best LLMs all within one collaborative interface. Try it for nothing now āāāā / 5 (Trustpilot)
QATech uses AI to test web apps and auto-create bug reports
BizPlanner creates professional business plans with AI
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ADVANCEMENTS
Our Report: Following the release of Alibabaās QwQ-32B-Preview (QWQ) this week and DeepSeekās DeepSeek-R1 last weekāboth of which are competing against OpenAIās o1 model (released in September)āGoogleās research lab, DeepMind, is now (reportedly) developing its own AI model with advanced reasoning capabilities.
š Key Points:
The new model will āself-reasonā its way through tasks and answer complex questions in areas like Math, logic, and code (notoriously difficult subjects for AI models), mimicking a human's ability to think and reason.
Two internal sources have revealed that the AI researchers behind the new model are trying to re-create this human-level reasoning in the AI model by using āchain-of-thought promptingā (which is how o1 was developed).
After it receives a prompt, the model will consider several related prompts before it summarizes and then delivers what it believes is the optimal response, which can take a few seconds (o1 reportedly takes up to 10).
š¤ Why you should care: Although Google appears to be slow at releasing new AI models (in comparison to its nemesis, OpenAI) this news comes after Google unveiled āAlphaProofā in July, which specializes in Math reasoning, and in May, at its developer conference, revealed āAstraā, an AI assistant that uses a phoneās camera to āseeā and answer questions, showing the progress it had already made in advanced reasoning.
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TOGETHER WITH INNOVATING WITH AI
The AI consulting market is about to grow by a factor of 8X ā from $6.9B 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 āhaving AI ideasā and being handsomely compensated for your contribution to an organizationās AI transformation.
Thankfully, you donāt have to go it alone ā our friends at Innovating with AI have welcomed 300 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 a reader of AI Tool Report, you get early access to the next enrollment cycle.
PROMPT ENGINEERING
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Fridayās Prompt: How to use the āGrowth Hacking Playbookā framework to scale using ChatGPT
Type this prompt into ChatGPT:
Using the 'Growth Hacking Playbook' framework, please write an advertising campaign outline that provides a systematic approach to identifying, testing, and scaling growth opportunities for our [product/service]. Include specific tactics and metrics you would use to measure the effectiveness of this approach
Results: After typing this prompt, you will get an advertising campaign outline that follows the āGrowth Hacking Playbookā framework and identifies, tests, measures, and scales growth opportunities for your product/service.
P.S. Use the Prompt Engineer GPT by AI Tool report to 10x your prompts.
BREAKING NEWS
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GLOBAL AI
The Stanford Institute for Human-Centered AI has updated the āThe Global Vibrancy Toolā (first released in 2017) which measures a countryās AI ecosystem to establish who the global leader in AI is.
The tool aggregated and analyzed data from 42 key AI-specific indicatorsāincluding research papers, private funding, and patentsāfrom across 36 countries, and found that the US is leading the AI race, by a wide margin.
Behind the US was Chinaāwhich has fallen significantly behind because the US has attracted more private funding and produced more ML models (although China does have more AI patents)āand in third place, was the UK.
RECOMMENDED RESOURCES
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