Google lays off 30,000 staff
Plus: Top 100 People in AI
Read time: 5 minutes
Happy New Week!
We’re excited to share a yearly summary featuring the top AI releases.
Besides, Deloitte AI Institute highlights the importance of ethical AI usage, while OpenChatโs Open-source Language Models (OLMs) set new AI training benchmarks with Mistral AI’s tech.
Stay tuned for more insights!
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๐ AI Stock Daily

๐ Deloitte’s Framework for Trust in AI

Source: Deloitte
Deloitte AI Institute’s focus on ethics in generative AI stresses the need for responsible use and risk management.
Key Takeaways:
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Deloitte’s Lara Abrash and Beena Ammanath highlight managing generative AI risks as a priority.
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The institute’s report centers on Trustworthy AI, with a focus on fairness, reliability, and transparency.
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Addressing the ‘hallucination’ risk is crucial for user trust in generative AI.
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Deloitte emphasizes responsible governance in AI, discussing various trust domains.
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The article spotlights the societal and ethical implications of AI, advocating for its responsible deployment.
Why it matters: Deloitte’s guidance on ethical generative AI practices is essential in an era where AI’s societal impact is increasingly scrutinized. Their focus on risk management and ethical governance serves as a blueprint for responsible AI innovation.
๐ Advancing Open-source Language Models with Mixed-Quality Data

Source: Open Chat
OpenChat leverages Mistral AI’s 7B LLM and C-RLFT to set new standards in AI model training.
Key Takeaways:
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OpenChat utilizes Mistral AI’s 7B LLM.
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Implements C-RLFT, a new reinforcement learning fine-tuning technique.
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Collects mixed-quality data from sources like GPT-4 and GPT -3.5.
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C-RLFT distinguishes between expert and sub-optimal data efficiently.
Why it matters: OpenChat’s method could lead to significant advancements in AI, emphasizing the effective use of mixed-quality data and sophisticated training techniques.
๐ก Sam Altman’s AI Vision Turning Real
Sam Altman’s vision of AI revolutionizing cost structures is more believable post-ChatGPT.
Key Takeaways:
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Altman’s 2021 AI prediction seems more likely now.
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ChatGPT’s success exemplifies AI’s potential.
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OpenAI’s expected valuation is around $100 billion.
Why it matters: The unfolding of Altman’s AI prediction, with ChatGPT’s role, hints at a future with much lower technology and energy expenses.
๐ Pioneers of AI: Insider’s Top 100

Source: Business Insider
Insider’s AI 100 list unveils key figures who anticipated AI’s rapid and inevitable rise.
Key Takeaways:
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AI’s swift emergence has been both startling and foreseen.
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The AI 100 list celebrates those who predicted AI’s impact.
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Dr. Emily M. Bender calls for accountability in AI.
Why it matters: The AI 100 list sheds light on the individuals shaping AI’s future, emphasizing the significance of responsible and ethical AI development.
๐ค Google’s AI Shift Affects 30,000 Jobs

Source: Mint
Google’s new AI tools in ad sales lead to a large-scale workforce reorganization.
Key Takeaways:
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AI advancements cause restructuring in Google’s ad sales.
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The need for specific ad sales roles diminishes due to AI.
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Previously, Google made a significant layoff of 12,000 staff.
Why it matters: Google’s move showcases how AI advancements can profoundly alter workforce requirements and business operations.
๐ A Look at Midjourney’s Path
![]() Source: r/midjourney
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![]() Source: Ruben Hassid |
โก The AI Quick Hits
1. ๐ญ World’s 1st robot/AI restaurant opening (Read more)
2. ๐ฎ AI first controls minds in video games (Read more)
3. ๐ AI spots fake Louis Vuitton bags (Read more)
4. ๐ฎ 6 key questions to shape gen AI’s future (Read more)
5. ๐ซ Concern rises on AI and 2024 election (Read more)
๐ธย Daily AI Fundraising
Arkon Energy secured $110M to expand its US bitcoin mining and launch an AI cloud service in Norway – Also supports a new AI project in Norway for generative AI and language model training.
Sehat Kahani, a Pakistani telehealth, raised $2.7 million in Series A funding -The new funding will enhance AI capabilities for predictive telehealth and precision medicine.
๐ Top AI Tools
5 in Top 25 Most-upvoted Products of The Year by Product Hunt
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๐ฑย AudioPen uses AI to transform unstructured audio notes into clearly summarized text.
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๐ย Lottielab streamlines site animation, easily importing and animating files like SVGs and Figma documents.
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๐ย AI Content Genie automates social media with weekly, editable AI-generated content for review and scheduling.
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๐ย STORI AI automates brand identity creation, generating unique content for your website and social media.
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๐ธย Flowla is a platform that unites all sales-related links and documents into one collaborative space so your team can close deals more effectively.
New Empowered AI Tool
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๐ SubtitleBee is an online tool that allows you to automatically add captions and subtitles to your videos in minutes.
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๐ Evoto algorithm creates incredible functions that free your mind from routine tasks.
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๐ย Toplyne is a headless sales AI that works intelligently in the background to surface high intent pipeline for your sales team
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๐บย Owlead is a Twitter growth service to help you get organically real Twitter followers for your business, effortlessly.
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๐ย Hint personalizes astrology with NASA data and expert insights for a unique horoscope experience
โ๏ธ Tutorial: Craft An Avatar for Your Social Network
1 – Access โAvatar Craftโ – A Custom GPT by AI Fireโs team member

2 – Enter your requests
โ You can give it a name for a demo
โ Demonstrate your avatar such as style, platform, โฆ
(Currently, the Social Networks list includes 7: LinkedIn, Facebook, YouTube, TikTok, Instagram, WhatsApp, and X)
โ Hit โEnterโ to generate and wait for magic
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๐ผ AI Jobs
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