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Welcome to AI Tool Report!
Hereโs today in 10 seconds:
Amazon unveils QโAI for your business
Amazon re:Invent 2023 wrapped (in short)
$4B tech unicorn lays off 20% of staff, pursues AI
Huge Pika Labs funding and 1.0 announcement
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Read Time: 4 minutes
Our Report: Amazon has unveiled Q at their re:Invent conference in Las Vegas. Itโs an AI-powered chatbot for businesses designed to interact, generate content, understand specific business needs, and has been trained on over 17 years of AWS knowledge.
๐ Key Points:
Q integrates with various apps and learns about a business's structure, concepts, and product names. Furthermore, beyond answering questions, Q can generate content like blog posts and perform actions through plugins.
Q also supports troubleshooting, like network issues, and integrates with CodeWhisperer for code-related tasks, such as upgrading apps, generating software tests, and drafting implementation plans (goodbye 20% of the dev team?).
Q starts at $20 per user, per year and will be able to integrate with apps/software like SalesForce, ZenDesk, Gmail & more (making implementation seamless).
๐คจ Why you should care: Amazon's Q represents a significant trend weโre witnessing as AI Enterprise adoption continues to ramp up. The true success of AI in enterprise environments will be inversely related to model hallucinations (where an AI model invents falsehoods or sheer nonsense).
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Here's a concise summary of the key announcements and news from the AWS re:Invent 2023 conference:
Amazon Q AI Assistant: Details above
AWS-Nvidia Partnership Expansion: AWS will deploy Nvidia's GH200 chips, making AWS the first cloud provider to use these chips, giving them a significant competitive advantage over the competition in the cloud computing market.
Quantum Computing Advances: AWS is developing a new chip aimed at solving key quantum computing problems, and the team is hopeful it could significantly advance the usability of quantum computing.
Enhancements to Amazon Transcribe: AWS has upgraded its transcription platform with AI; now supporting transcription in 100 languages and offering new AI capabilities, such as enhancing speech-to-text functions for AWS Cloud applications.
Dataminr (NY-based big data startup valued at $4.1B) is laying off about 20% of its workforceโapproximately 150 employeesโin the pursuit of operational efficiencies, which aligns with the company's strategy to enhance its AI capabilities.
A memo from the CEO indicates the layoffs are part of a restructuring effort to ensure financial stability and to support the launch of a new AI platform combining predictive and generative AI, hoping to give the company years of cash runway (canโt blame them).
Pika Labs (AI-powered video editing) has raised $55M in funding, led by Lightspeed Venture Partners, to further develop its video editing features and differentiate its product offering into new markets.
If youโre unfamiliar with Pika's platform, imagine MidJourney brought to life; it allows users to generate and modify videos from text and images. This newest funding announcement coincides with the release of Pika 1.0 which allows users to generate entirely new videos, upload and edit their own content, and reimagine scenes.
Remote / $ Competitive / 7-10 years of sales experience necessary
โOur client is an innovative company leading the way with AI-powered solutions, transforming global entertainment via their cutting-edge SAAS platform is looking for a Director of Sales in the US (Remote). This person will play an instrumental role in shaping the company's revenue and growth trajectory and building a high-performing sales team.โ
Remote / $30 per hour / Only 2 years experience required
โOur studio utilizes the latest AI tools, including Midjourney, Pika Labs, Runway Gen 2, Leonardo AI.ย As new tools launch, we integrate them into our workflow. For the team, we are looking for experts with demonstrated ability using these AI tools to make great video content.โ
Remote / Internship / Must be pursuing a degree
โJoin a world-class research team at Intel Labs developing foundational models and algorithms for a large range of applications.โ
What would you like to see more from the job section?
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๐๏ธ Hololight grabs $12M to bring AI to the industrial metaverse
๐จ๐ณ NVIDIA taps China for talent in autonomous driving division
๐ฉป Greg Brockman highlights the use case of AI in radiology
๐ Google helps banks manage voice call compliance risks
๐ฃ GenZ driving early adoption of AI
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Until next time, Martin & Arturo.
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