Today we’re announcing the champions of last week’s AITR Insider giveaway! Also, another giveaway this week—this time it’s free MidJourney subscriptions.

Look out for the following symbol:

🥇🥇🥇

_________________________________________________________________

Today:

Will banks slash 50% of their workforce with AI? FT investigates

Read Time: 5 minutes

Our Report: Banks worldwide are looking to capitalize on the potential of AI with high-profile figures such as Deutsche Bank claiming that robots might replace 50% of their 98,000-strong workforce.

🔑 Key Points:

🤨 Why you should care: As banks invest more in AI, customers and employees alike will experience a shift in banking operations and services, making processes more efficient and tailored (hopefully).

In Partnership with TruEra

Are you an AI/ML practitioner interested in learning more about how to analyze and improve the performance and trustworthiness of your machine-learning models?

This course is for you!

AI Quality: How to Test and Debug ML Models is a hands-on course for practitioners taught by experts from leading universities.

Each module covers the essentials of a key topic for managing machine learning models including: model accuracy, performance debugging, drift, fairness, root cause analysis, and ML explainability.

And for the next 5 days, it's free on Udemy with code—AIQSEPT23.

Sign up today and start the course whenever you like:

✅ Innovation Matrix Framework

^{copy & paste ⬇️}

"Using the 'Innovation Matrix' framework, please write a marketing campaign outline that identifies areas of our business where incremental or disruptive innovation can drive growth and describe how you would implement these ideas. Include specific tactics and metrics you would use to measure the effectiveness of this approach."

🎨 Modern App Design

💡 Tip: The following tip is credited to Chase Lean over on Twitter. He’s an absolute wizard on MidJourney and 100% worth the follow.

^“square modern ios app logo design of a [type of app], ios app icon, simple ui, flat design, white background”

SoftBank is exploring AI investments, including a potential partnership with OpenAI, following its ARM unit's successful IPO ($65B).

CEO Masayoshi Son plans to invest significantly in AI and has shown interest in OpenAI after telling reporters “I’m a heavy user of ChatGPT” & that he speaks to Sam Altman “almost every day”.

Over the weekend Microsoft updated Bing Chat with new features enhancing accessibility and cross-device support (only for Android users).

Updates include transferring chats directly from a laptop to a mobile through a QR code and using Bing chat as a widget—meaning you’re always only 1 click away from using AI.

Silicon Valley's no-code AI firm, Pixis, secured $85M in a Series C1 funding round led by Touring Capital, raising its total capital to $209M.

Pixis provides global brands such as DHL, Carsome & more with a one-stop, no-code, generative AI solution for marketing where users can enter text prompts and develop comprehensive ad materials. I wonder how many jobs will be replaced by AI in the coming decade?

Thank you to everyone for entering!

Remember—we run this every single week. Every poll reply and referral automatically enters you into our weekly AITR Insider giveaway.

Over the course of 5 days, we received more than 7,000 entries in the form of daily challenge entries & referrals. We added a cumulative total to each account with more entries giving each user more tickets in the raffle. Winners announced below:

This week’s poll is in competition for MidJourney subscriptions and includes:

The AI Tool Report just became the fastest-growing AI newsletter in the world, with 350,000+ readers working at companies like Apple, Meta, Google, Microsoft, and many more. We are now taking limited bookings for products that are a good fit. Book your ad spot by clicking here

🧱 SalesForce introduces prompt builder to supercharge your workflow

💡 Bernie Sanders: workers should reap AI benefits—lower work week?

🤝 Study shows consultants are 40% more effective when using AI

🎉 Typeset launches new AI presentation generation tool

🔊 Exclusive TechCrunch interview with Databricks CEO

Hit reply and let us know what you want more of!

Until next time, Martin & Arturo.