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Wednesdayâs AI Report
⢠1. đŚ Musk bringing AI into Enterprises?
⢠2. đ Access NVIDIA AI clusters with Lambda
⢠3. ⨠How Microsoft is making AI accessible
⢠4. đ What does OpenAIâs restructure mean?
⢠5. đźÂ Become an AI consultant with Innovating with AI
⢠6. âď¸ Trending AI Tools
⢠7. đď¸ Practical AI Applications
⢠8. đ Recommended Resources
Read Time: 5 minutes
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Elon Muskâs AI start-up, xAI, has partnered with data analytics firm Palantir and global asset company TWG to âredefine how banking institutions and service providers can successfully adopt AI across the entire enterpriseâ to âdrive long-term competitiveness and unlock value.â This new collaboration follows a joint venture between Palantir and TWGâwhich they announced in Marchâwhich was aimed at integrating AI into banking.
TWG will work with Enterprise CEOs to design and implement custom, AI-powered solutions, which will be powered by Palantirâs data models and xAIâs AI models, which include its Grok series and Colossus supercomputer.
The aim of the collaboration is to redefine how businesses operate, bridging the gap between company objectives and integrating AI into operational workflows, âproviding intelligence that drives measurable impact.â
Combining TWGâs operational expertise with Palantir and xAIâs âworld-classâ platforms and reasoning intelligence will make transformative AI accessible to every organization through scalable, easy-to-deploy solutions.
CEOs across all industries seem to recognize that implementing an AI-first strategy is key to success, but 74% donât know how to integrate AI solutions in a way that gets them measurable results and returns. They, therefore, remain unable to move out of the âproof-of-conceptâ phase. This collaboration aims to change this, and transform the way AI is brought into Enterprises: âIt needs to be managed by the very highest levels of the C-suite rather than siloed in a businessâs technology group, where it has traditionally resided.â
P.S. Not an ad, but this is something The AI Report and Upscaileâour Partner companyâare also aiming to do: Help Enterprises, not just learn about AI, but actually help them to integrate practical, useful AI solutions into their business operations, to make processes more lean, efficient, and profitable.
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In a bid to bring more AI features to more customers (in particular students or young professionals at the start of their careers), Microsoft has announced itâs launching a next-generation Copilot+ laptop and tablet that will run on AI chips, meaning both devices will be able to run AI models without the internet.
The devices will officially launch on May 20th, but will cost less than their predecessors because theyâre for âa set of customers for whom affordability is going to be important.âÂ
Theyâll both have smaller screen sizes, but Microsoft believes that both will run for longer, on less batteryâthe laptop, for example, will run for 18 hours compared to the earlier version, which could accommodate just 13.
Microsoft also established that the laptop outperforms Appleâs 2024 MacBook Air, which contains AI chips manufactured by Arm, although they did announce, in March, that theyâd upgraded the device with a faster chip.
These new AI-focused devices bring features that will allow users to do things like ask the device to change settings using natural language queriesâas opposed to sifting through the system settings menus manually. Theyâll be able to ask it to generate AI draft documents and emails and try the controversial Recall feature, which âremembersâ (and stores) where a user has previously been and what was on their screen. Theyâll also be able to try an AI agent, which will perform certain tasks autonomously.
Yesterday, OpenAI made a shock u-turn in its restructuring plans, choosing to keep its non-profit arm in control of its commercial divisionâwhich will now become a Public Benefit Corporation (PBC).
This came as a surprise to many, as previously (in December), OpenAI outlined its plans to become a for-profit entity to alleviate investor pressure and perhaps raise additional capital by going public via an IPO.
Now, experts feel that this is now unlikely to happen (even though PBCs can go public), although OpenAI has confirmed that an IPO would be âtheoreticallyâ possible under the proposed structure.
The AI consulting market is about to grow by a factor of 8X â 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 âhaving AI ideasâ and being handsomely compensated for your contribution to an organizationâs AI transformation.Â
Thankfully, you donât have to go it alone â our friends at Innovating with AI have welcomed 700 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
Prompt Inspiration
After typing this prompt, you will get a list of new features, products, or updates you can launch, based on your current customersâ reviews and feedback.
Analyze our competitors' customer reviews and feedback to identify opportunities.
P.S. Use the Prompt Engineer GPT by The AI Report to 10x your prompts.
Name: Elicit AI
Value: Unknown
Funding raised: $9M (Seed Round)
Elicit is an AI research tool. It allows users to type in a research question, and uses AI to provide a list of relevant academic papers covering the topic, gives summarized takeaways, and extracts critical information.
The AI prompt tool engineers in Silicon Valley are using
This podcast explores the latest âVibe codingâ trend, breaks down contextual prompting, gives a live demo, and shares how Repo Promptâs unique featuresâlike the context builder and codemapsâgive users real control over LLMs (Large Language Models) like Gemini and Claude.
Hit reply and tell us what you want more of!
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Until next time, Martin, Liam, and Amanda.
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