A Recipe for AI-nnovation

Sonnet playing in full sonic, a business upgrade, and a cookbook

Author

Brian Hanson
June 27, 2024

Welcome to Another Issue of
AI for Business

Google DeepMind's Gemma 2 is here, outperforming competitors and slashing deployment costs…

Meanwhile, Google's Vertex AI just got a business-class upgrade, improving accuracy with specialized datasets.

And… Anthropic's Claude 3.5 Sonnet is setting new benchmarks, outperforming GPT-4 in speed and capability.

Let’s dive in! 👇

Read time: 4 minutes

💯 AI for Business 3-Day Workshop: Day 2 Success! 

The first two days of our free, live online AI for Business summit were incredible! If you missed it, don't worry—you still have one valuable day left to join and gain valuable insights from world-leading experts.

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TRENDING AI NEWS

What happened: Google DeepMind has officially released Gemma 2, the latest version of its open AI model family, available to researchers and developers globally.

Gemma 2 comes in 9 billion (9B) and 27 billion (27B) parameter sizes, offering improved performance, efficiency, and safety features compared to its predecessor.

Here’s the deets:

  • The 27B model competes with models twice its size, while the 9B model outperforms others in its class like Llama 3 8B.

  • It is designed to run on a single NVIDIA H100 Tensor Core GPU or TPU host, reducing deployment costs.

  • Optimized for fast inference across various hardware, from gaming laptops to cloud setups.

  • Available under a commercially-friendly license, compatible with major AI frameworks, and easily deployable on Google Cloud's Vertex AI.

  • It incorporates safety advancements like LLM Comparator for model evaluation and plans to open-source text watermarking technology.

FYI: Gemma 2 comes with a Gemma Cookbook for practical examples and recipes to guide developers in building applications and fine-tuning models.

What happened: Google Cloud is upgrading its Vertex AI platform with new capabilities aimed at improving the accuracy and reliability of AI-generated information for enterprise customers.

These enhancements include the integration of specialized third-party datasets and features that allow companies to ground AI responses in their own corporate data.

Here’s what you can expect:

  • Customers will be able to use data from providers like Moody's, MSCI, Thomson Reuters, and ZoomInfo to improve AI results starting Q3 2024.

  • A high-fidelity mode that allows sourcing information from corporate datasets using a specialized Gemini 1.5 Flash version.

  • Expanded Vector Search now supports hybrid searches combining image and text-based queries.

  • Dynamic retrieval that automatically selects between Gemini datasets and Google Search for up-to-date information.

  • And an already available Grounding with Google Search feature that enables models to retrieve live information from the internet.

What happened: Anthropic has released Claude 3.5 Sonnet, its latest AI model that claims to match or outperform competitors like OpenAI's GPT-4o and Google's Gemini across various tasks. The model is now available to Claude users on web and iOS platforms, as well as to developers.

Claude 3.5 Sonnet introduces several advancements:

  • It operates twice as fast as Opus, with token pricing at only 20% of Anthropic's previous premium model.

  • In benchmarks testing reasoning, coding, mathematics, and knowledge capabilities, Claude 3.5 Sonnet surpasses both Opus and GPT-4.

  • It includes a new feature called 'Artifacts', that will allow users to interact with Claude through a real-time side panel for viewing, editing, and creating content.

  • Anthropic has also announced plans to release Claude 3.5 versions of Haiku and Opus later in the year, along with new features such as Memory.

💡Anthropic just launched a new Claude feature called ‘Projects’ that will allow users to collaborate, better organize files, chats, and information within a single location on the platform.

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ENTERPRISE MOVES

How global organizations are applying AI in tangible ways and seeing results.

1. 🚀 Enhancing Platform Efficiency

Move: Alibaba is leveraging AI to improve the efficiency of its platform for both sellers and buyers. This includes transforming the platform from a "sourcing engine" to a "creative engine" to streamline workflows and build trust among users.

Action: Utilize AI technologies to enhance the functionality of your business, making processes more efficient and fostering stronger relationships between your audience and customers.

2. ⏩ Accelerating Level Iteration

Move: King, the company behind the popular game ‘Candy Crush', has developed an AI playtesting bot that has reduced the time for new game-level iteration by 50%. The bot helps designers to do quick refinements and understand the game experience before releasing a level.

Action: Implement AI-driven tools to expedite the development and testing processes in your projects, ensuring a faster time-to-market and improved product quality.

3. 🛠️ Enhancing Virtual Experiences

Move: Roblox leverages NVIDIA's generative AI to enhance virtual experiences on its platform. This includes automated chat filters and real-time text translation to promote inclusivity and user safety.

Action: Develop and integrate AI solutions that promote inclusivity and safety on your business, ensuring a positive experience for all your customers or clients.

THE AI BUSINESS TOOLKIT

(Our Top 5 Weekly AI Picks)

AI Tools For Modern Businesses

  • Captions: You’ll never need to edit a video again with this AI-powered creative studio.

  • Revid.ai: An all-in-one TikTok growth tool that creates short videos with AI.

  • AI or Not: Detect AI-generated images & audio for your business - and yourself

  • Figma AI: AI-powered features to help you push past creative blocks and bring your best ideas to life.

  • TripleWhale: The AI data platform for ecommerce. Easily manage and automate analytics, attribution, merchandising, forecasting & more — in the palm of your hand.

WELL… THAT’S A WRAP!

Thanks for the support…

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Join our private AI group on Facebook and explore more resources and get involved with our community 🤓 

Your AI buddy,

Brian Hanson

CEO / Founder

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