by Greggory Elias | Aug 19, 2024 | Generative AI, LLMs / NLP, Newsletter
Stat of the Week: 72% of surveyed organizations have adopted AI in 2024, a significant jump from around 50% in previous years. (McKinsey) Meta’s recent release of Llama 3.1 has sent ripples through the enterprise world. This latest iteration of the Llama models...
by Greggory Elias | Aug 3, 2024 | Advertising & Marketing, Newsletter
Stat of the Week: In May 2024, Perplexity AI received 67.42 million visits with an average session duration of 10 minutes 51 seconds. Traffic increased by 20.71% compared to April. (Semrush) In digital marketing, staying ahead is crucial. As online research evolves,...
by Greggory Elias | Jul 3, 2024 | Enterprise AI, LLMs / NLP, Newsletter
AI Agent Use Case: Klarna’s AI assistant has had 2.3 million conversations, two-thirds of Klarna’s customer service chats. It is doing the equivalent work of 700 full-time agents and is estimated to drive a $40 million USD in profit improvement to Klarna in...
by Greggory Elias | Jul 3, 2024 | Enterprise AI, Newsletter
Use Case: Danish multinational pharmaceutical company Novo Nordisk is using AutoGen to develop a production-ready multi-agent framework. Multi-agent systems and agentic workflows represent a paradigm shift in AI, offering enhanced flexibility, scalability, and...
by Greggory Elias | Jun 21, 2024 | Enterprise AI, Generative AI, LLMs / NLP, Newsletter, Uncategorized
“AI agents will become an integral part of our daily lives, helping us with everything from scheduling appointments to managing our finances. They will make our lives more convenient and efficient.” – Andrew Ng, Co-founder of Google Brain and...
by Greggory Elias | Jun 11, 2024 | Enterprise AI, Newsletter, Startups + VC
Stat of the Week: Mistral AI successfully closed a €450 million Series A funding round in December 2023 In this week’s edition, we are going back to our series on company profiles, this time looking at Europe’s AI leader: Mistral AI. We will be exploring some...
by Greggory Elias | Jun 11, 2024 | Advertising & Marketing, Generative AI, Newsletter
Stat of the Week: Some studies suggest that generative AI technologies will disrupt around 204,000 animation jobs within the next three years. In this week’s edition, we are delving into OpenAI’s incredible text-to-video model Sora, and what sets it apart. We...
by Greggory Elias | Jun 11, 2024 | Generative AI, Image / Video / CV, Newsletter, Startups + VC
Stat of the Week: Half a million users are generating millions of videos weekly on Pika Labs. In this week’s edition, we are delving into our company profile of Pika Labs, a leader in the AI text-to-video space. We also look at the company’s partnership with...
by Greggory Elias | Jun 11, 2024 | Newsletter, Startups + VC
Stat/Fact of the Week: Stability AI’s founder and CEO, Emad Mostaque, stepped down from his position in March 2024 amidst mounting financial pressures and investor discontent. Few AI companies have risen as meteorically or fallen as spectacularly as Stability...
by Greggory Elias | Jun 11, 2024 | Newsletter, Opinion, Startups + VC
Stat of the Week: 47% Would Use AI Dating App for Long-Term Partnerships In this week’s special edition, we are looking at the rise of AI girlfriends and digital partners before diving into some innovative ways dating apps are using AI. We then close it out with some...
by Greggory Elias | Jun 11, 2024 | Newsletter, Startups + VC
Stat of the Week: Runway ML Valued at $1.5 Billion in Latest Funding Round In this week’s edition, we are resuming our running series on AI company profiles, this time exploring the dominance of Runway ML in the text-to-video realm. We will be exploring some key...
by Greggory Elias | Jun 11, 2024 | Enterprise AI, LLMs / NLP, Newsletter
Stat of the Week: LLMs can help businesses to reduce their costs by up to 20%. (source: Gartner) In this week’s edition, we are continuing our series on “Connecting Your Enterprise Data to an LLM Like ChatGPT.” We will be exploring some key themes, such...
by Greggory Elias | Jun 11, 2024 | Enterprise AI, Generative AI, LLMs / NLP, Newsletter
Stat of the Week: Nearly 40% of enterprises plan to build customized enterprise language models (source: expert.ai) In this week’s edition, we are kicking off our series on “Connecting Your Enterprise Data to an LLM Like ChatGPT.” We will be exploring some...
by Greggory Elias | Jun 11, 2024 | Newsletter, Startups + VC
Stat/Fact of the Week: Anthropic has recently secured $2.75 billion in funding from Amazon. In this week’s edition, we are releasing our company profile of Anthropic, the startup with billions in funding and the creator of the Claude chatbot. At Skim AI, we are big...
by Greggory Elias | Jun 11, 2024 | Generative AI, Image / Video / CV, Newsletter, TV, Film & Content
Stat/Fact of the Week: AI-powered video creation tools can reduce time and budget by up to 80% compared to traditional methods. The AI-driven content creation market is witnessing a fierce battle as tech giants compete to develop groundbreaking text-to-video...
by Greggory Elias | Jun 11, 2024 | Generative AI, LLMs / NLP, Newsletter
Stat/Fact of the Week: 30% of enterprises will use vector databases to ground their generative AI models by 2026, up from 2% in 2023. (Gartner) LLMs like GPT-4, Claude, and Llama 3 have emerged as powerful tools for enterprises implementing NLP, demonstrating...
by Greggory Elias | Jun 10, 2024 | Advertising & Marketing, Generative AI, Newsletter
Stat of the Week: Half of U.S. mobile users use voice search every day. In this week’s special Valentine’s Day edition, we are taking a look at the rise of AI influencers and models, whose emergence is pushing the boundaries of human-AI relationships. We will be...
by Greggory Elias | Jun 10, 2024 | Image / Video / CV, Newsletter, Startups + VC
Stat of the Week: Midjourney’s projected revenue for the end of 2023 was $300 million In this week’s edition, we continue our series on generative AI company profiles, this time looking at the king of AI image generation: Midjourney. We will be exploring some...
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