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Thursdayās AI Report
⢠1.Ā š Apple Siri powered by Google?
⢠2. ⳠInvest in AI-powered property management tool, Pacaso
⢠3. š AI gave this grocery chain a 10% increase in revenue
⢠4. š Take a business-first approach to AI with Agentic Brain
⢠5. āļø Trending AI tools
⢠6. š¼ Muskās xAI faces another high-profile exit
⢠7. š Mistral Europeās biggest AI success?
⢠8. šĀ Recommended resources
Read Time: 5 minutes
šĀ This weekās episode of The AI Report Podcast drops tomorrow. In it, Liam chats to co-founder and AI strategist, Sabahudin Murtic, about why critical thinking beats blind AI adoption in business.
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Reports are emerging that Apple is considering using Google Gemini to power its highly anticipated (and severely delayed) AI Siri, which is due to launch in 2026.
According to experts, Apple and Google have reached a āformal agreementā to allow Apple to test and evaluate a made-for-Apple Gemini model that will power the new version of the voice assistant.
Reportedly, Googleās Gemini model will power a new feature (internally referred to as āWorld Knowledge Answersā) that will enable users to ask Siri to search the web and get answers in an AI-generated summary format.
The new Siri search interface will also be able to display text, photos, videos, and local places of interest, and it will tap into usersā data, allowing them to navigate their devices using voice commands.
No decision has been made yet, as Apple is also testing its own AI models, and models from OpenAI and Perplexity. But one thingās for certain: Apple needs to launch something spectacular if it wants to make its newly revamped Siri competitive with AI search engines from OpenAI and Perplexity.
When the former Zillow exec who sold his last company for $120M starts a new venture, people notice. Thatās why the same investors that backed Uber, Venmo, and eBay also backed Pacaso.
Disrupting the real estate industry once again, Pacasoās streamlined, AI-powered platform offers co-ownership of premier properties, revamping the $1.3 trillion holiday home market.
And it works. By handing keys to 2,000+ happy homeowners, Pacaso has already made $110M+ in less than 5 years, including 41% YoY growth last year alone. They even recently reserved the Nasdaq ticker PCSO.
And you can join 10,000+ investors as a Pacaso shareholder now, for just $2.90/share.
But donāt wait too long. Lock it in before the offer ends on September 18.
Read the offering circular at invest.pacaso.com.
A regional grocery chain was struggling to accurately predict demand due to outdated, siloed legacy systems.
Forecasting errors resulted in over-ordering and under-ordering, impacting profitability and customer trust.
They built an AI demand forecasting platform, which used sales data and real-time trends to deliver dynamic re-order recommendations.
As a result, they saw a 27% increase in forecasting accuracy, which led to a 40% reduction in waste and a 10% increase in revenue.
They're here to sell you on the AI hype wave. We're here to get you real results.
We take a business-first approach, by analyzing your best processes then training a team of AI employees to increase the results.
Our 3-week workflow audit identifies 5-10 agentic opportunities you didn't know existed.
Result: 40% more talk time for your sales team to build customer relationships while AI handles the busy work.
No one-size-fits-all solutions
No unrealistic promises
No AI hype
Just strategic AI agents that increase your team's output instead of replacing them.
MindstreamĀ helps readers stay on top of the rapid developments in the AI space and learn how to integrate it into their work āļøāļøāļøāļøāļø
Orbit FlowsĀ creates AI content that will 10x output without sacrificing quality
Nodu uses AI to generate storytelling videos for product promotion
Mike Liberatore, the former Airbnb executive and CTO of Muskās AI start-up, xAI, has quit his role after just three months, marking the latest exit in a long line of high-profile departures.
Last month, xAI lost 3 high-profile execs: General Counsel, Robert Keele, Senior Lawyer, Raghu Rao, and xAIās co-founder, Igor Babuschkin (who quit to launch his own VC firm, which is dedicated to AI safety).
While he was at xAI, Liberatore helped Musk raise $5B in equity (half of which came from Musk's SpaceX), and he also oversaw xAIās data center expansion in Memphis.
French AI start-up, Mistral (makers of the chatbot, Le Chat), is reportedly about to secure ā¬2B (~$2.3B) in funding, with a post-funding valuation of $14B, making it one of Europe's most valuable tech start-ups.
Founded just two years ago by former DeepMind and Meta researchers, this is Mistralās first major funding raise since June 2024, when it was valued at $6.7Bāwhich demonstrates huge growth.
It previously raised around $1B from prominent investors, including a16z and General Catalyst, and its latest raise comes as reports show that EU AI companies secured 55% more YoY funding in Q1.
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Until next time, Martin, Liam, and Amanda.
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