📈 How are companies using AI?

➜ Roblox is using a proprietary large language model for real-time AI chat translations – the feature works with 16 different languages.

Roblox

➜ Low-code automation software makers, Pegasystems, launched Pega GenAI Blueprint – it turns app ideas into interactive ‘blueprints’, which provide a “nearly-there” design starting point from which users can build their own customized apps.

Pega

➜ Cool example of niche AI app – Casca is an AI loan assistant that supposedly reduces 90% of the manual effort necessary to originate commercial loans.

Casca

➜ Powered by the leading LLM API providers, ScreenMeet AI Assist is basically a support agent for support agents – when customer service reps get stuck on an issue, they can ask the AI for the next steps, potentially helping them resolve tickets faster.

ScreenMeet

➜ When bringing new drugs to market, creating regulatory documents like the Common Technical Document (CTD) is a pain and consumes up to 100,000 hours per year for large pharma companies – here’s how one company used Amazon’s AI tools to create a solution which reduced that time by up to 65%.

Amazon

➜ IKEA introduced an AI-powered assistant available on the OpenAI GPT Store, for personalized furniture and decor suggestions – it generates customized recommendations from IKEA’s huge catalog based on your room dimensions, style requirements, and anything else you care about.

INGKA Group

➜ With increasingly sophisticated fraud attempts to defend their payments and banking network from, Mastercard will release Decision Intelligence Pro – a genAI tool that can determine the risk level of a transaction, improving the accuracy and speed of fraud detection by 20% on average and up to 300% in certain scenarios.

Mastercard

➜ Due to the proliferation of fake profiles and scams on dating apps, Bumble launched the Deception Detector, an AI tool to identify and block fake, spam, or scam profiles, which was able to block 95% of identified spam/scam profiles. 

Bumble

➜ Recycling plant builder Bollegraaf partnered with Greyparrot, a pioneer in AI waste analytics, to integrate the Analyzer product into recycling facilities – this has enabled the analysis of over 25 billion waste objects, categorizing them into more than 70 categories to reveal comprehensive data layers, aiming to unlock new value in waste streams.

Bollegraaf

➜ To help their readers deal with the neverending onslaught of news, Semafor launched Signals – a global multi-source breaking news feed that uses AI tools from Microsoft and OpenAI to help journalists offer sophisticated insights and diverse perspectives on major global stories as they develop. 

Semafor

💡 What are the nerds up to?

➜ “Gemini Advanced is clearly a GPT-4 class model,” says Ethan Mollick based on his testing of Google’s new model, and I agree. Using Gemini is fun and it feels like the first real competitor for GPT-4... though still not quite as good.

One Useful Thing

➜ Fabric is an open-source framework that will supposedly help you integrate AI more deeply in your daily life.

GitHub

➜ The nuanced and complex pronunciations of English are tricky for text-to-speech systems – that’s why, in collaboration with Oxford Languages, WellSaid Labs built the Respelling system for users to customize pronunciations and make AI voiceovers more natural. 

WellSaid

➜ The text-to-interface tool Galileo is now available to all, you only need to log-in to use it.

Galileo

➜ The Vesuvius challenge has been won by three talented young engineers, accomplishing the near-impossible feat of using AI to read text from an almost completely destroyed ancient scroll.

Vesuvius challenge

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