TOGETHER WITH DYNAMIQ
Welcome to AI Tool Report!
Tuesdayās top story: Musk has added image understanding capabilities to his AI chatbot, Grok.
P.S. We recommend you read: "IRREPLACEABLE: the Three Competencies of the Futureā by P. Bornet, as itāll teach you how to become indispensable with AI.
š¤ļø This Morning on AI Tool Report
š¦¾ Muskās Grok levels up!
šļø How to build agentic AI applications
š Meta building AI search engine?
š¼ How to become an AI Consultant
š§ How to screen interview candidates using ChatGPT
š¼ UMGās game-changing ethical music model
š Finally! Apple Intelligence arrives
Read Time: 5 minutes
FACT OF THE DAY
š¤ According to data from Salesforce, India has the highest AI adoption rate, with 73% of the population using it to complete tasks, compared with 45% of the US population, and just 29% of the UK population.
STOCK MARKETS
š Stocks were mixed to start the week with AMD out-performing the market. AMD is well-positioned to serve chips to customers for data centers that support large language models. Rosenblatt has set a target of $250 per share which has contributed to the rally. Learn more.
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CHATBOTS
Our Report: Elon Muskās AI start-up, xAI, has added image understanding capabilities to its AI chatbotāGrok 2āwhich allows paying users on Muskās social media platform, X (formerly Twitter), to upload images and ask Grok questions about it.
š Key Points:
With the new feature, Grok can establish what an image is and where itās from, and give a detailed analysis, if requested, even understanding humorous elements and explaining jokes and memes.
Musk has caveated the feature as being in its āearly stagesā but has reassured users that it will ārapidly improve,ā and shortly include the ability to interpret and understand documents, like PDFs.
This follows the recent release (in August) of Grok 2, which brought image-generation capabilities to the tool and came with a Musk-pledge of multimodal understanding in a future release.
š¤ Why you should care: Although just founded in March 2023, xAI has been trying to compete with well-established playersālike OpenAI, Anthropic, and Googleāwith Grok (which was released in November, last year), and while image understanding capabilities have been available on rival AI chatbots for a while, Musk highlighted that xAI is āgetting done in months what took everyone else years,ā but while Grok might be a strong contender in the AI chatbot market, Musk is struggling with his social media platform, X (reports says its current value is just Ā¼ of what it was when Musk bought it), facing criticism and falling user numbers, so this could be a way to entice users back to the platform.
Do you think this new feature will increase engagement on X?
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TOGETHER WITH DYNAMIQ
Dynamiqās Python orchestration package for agentic AI and LLM applications, is now available as open-source! š
Dynamiq is here to simplify the development of AI-powered solutions.
Whether youāre managing multi-agent orchestration or integrating RAG, you now have the tools to make it easy and efficient with just a few lines of code:
Workflow orchestration: Building complex DAGs to power a variety of RAG and agentic applications
RAG toolbox: Integrations for vector databases, chunking, pre-processing, and rerankers.
Agentic AI made simple: Build powerful agents with multi-agent orchestration, RAG workflows, and more, all with minimal setup.
TRENDING TOOLS
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SEARCH
Our Report: Meta is reportedly building an AI-powered search engine to reduce reliance on Google and Microsfot, and bring AI-powered search summaries to its Meta AI chatbot.
š Key Points:
Currently, Meta AI connects with Googleās search engine and Microsoft's Bing search engine to answer user questions about recent news and events, providing links to the search queries on both platforms.
But Metaās web crawler has ramped up activity over the last few months, building up a database of information to feed the search engine and rumors are, that a team has also been working on this feature for 8 months.
According to reports, its new AI search engine will āprovide conversational answersā, via the Meta AI chatbot, which will be integrated into platforms like WhatsApp, Facebook, and Instagram.
š¤ Why you should care: This coincides, quite nicely, with Metaās recently announced āmulti-yearā partnership with the news outlet, Reuters, which will allow the chatbot to surface Reuterās real-time news content in response to user questions, which many thought was a surprising moveāconsidering Meta stepped back from showing news content on its platforms, over regulatory scrutiny and backlashābut perhaps not anymore.
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TOGETHER WITH INNOVATING WITH AI
The AI consulting market is about to grow by 8X ā from $6.9B now, 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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Tuesdayās Prompt: How to screen interview candidates using ChatGPT
Type this prompt into ChatGPT:
Help me understand how to manage and maintain candidate privacy and data security during the interview candidate screening process
Results: After typing this prompt, you will learn how you can protect your interview candidatesā privacy and data security during the interview screening process.
P.S. Use the Prompt Engineer GPT by AI Tool report to 10x your prompts.
ACTIONABLE INSIGHTS
Itās not too late! Join the AI Reports AI Skill Sprint on Skool and master 6 crucial AI skills in just 6 weeksā¦
ā What You'll Learn: Course 3 is with no-code, automation specialist, Grant Hushek (founder of GrantBot Process Consulting) who will take you through topics related to operational automation, including the key differences between automation and AI automation and how to automate customer support processes, CRM updates, content idea generation, and moreā¦
š«±š»āš«²š» Connect with Grant here
BREAKING NEWS
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MUSIC
Universal Music Group (UMG) has partnered with AI-music production start-upāKlay Visionāto build a commercial ālarge music modelā, called KLayMM, to produce AI-generated music, ethically.
Launching in just a few months, KLayMM will work āin collaboration with the music industry and its creators,ā and will ārevolutionize the way people think about musicā while making music AI āmore than a short-lived gimmick.ā
Details are scarce, but Klay has established they are working to develop a āglobal ecosystem to host AI-driven experiences and content,ā and āwill not compete with artistsā catalogs in traditional music services.ā
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LAUNCHES
Some of Appleās AI features have finally launched to the public, in the iOS 18.1 release, giving users features such as notification summaries, AI-powered writing tools, and an updated Siri.
However, users on compatible devices (iPhone 15 Pro/Pro Max or newer) will have to join a waitlist and wait anywhere from five minutes to several hours to access them.
Although users in the EU will have to wait until April next year to get these, they will also get the rest of Appleās AI features, in the iOS 18.2 release (currently in beta), including the ChatGPT integration.
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Until next time, Martin & Liam.
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