OpenAI Launches a new Model with Advanced Reasoning.

Welcome to another issue of The AI Business!

This week, we have:

● OpenAI Launches a new Model with Advanced Reasoning.

● California Bans AI Deepfakes in Political Ads.

● How to start using AI as your personal assistant?

● A $680 Billion opportunity with responsible AI implementation.

● 7 Advanced AI tools for Paid Ads.

AI news
This week, we have some game-changing AI news, announcements, and startups:

● OpenAI Launches o1 Model with Advanced Reasoning: OpenAI has unveiled the o1 model, touted for its ability to perform advanced reasoning, with potential applications in scientific research, coding, and math. o1's self-training process enables it to learn and correct mistakes, significantly outperforming previous versions in complex tasks. Despite being labeled as "dangerous," the model includes enhanced safety measures and is being closely evaluated by AI Safety Institutes in the US and UK (Read Article)

● California Bans AI Deepfakes in Political Ads Ahead of 2024 Election: Governor Gavin Newsom has signed three bills making it illegal to use deepfakes and AI-generated content in political ads, aiming to safeguard election integrity and combat disinformation. The new laws require platforms to label or remove misleading content, extend protections against deceptive materials, and mandate disclosure of AI-altered campaign ads. California's proactive stance seeks to ensure transparent elections as AI tools become more advanced and accessible. (Read Article)

● AI-Driven Semi-Humanoid Robot for Versatile Industry Tasks: Pudu Robotics has introduced the Pudu D7, a semi-humanoid robot designed to handle complex tasks in various industries, featuring advanced mobility and dexterous arms. Powered by AI, the robot can continuously learn and improve its performance, with capabilities including operating elevators and transporting items. Full commercialization is expected next year, marking a major step in Pudu’s vision for adaptable robotic solutions. (Read Article)

● AI Startup 11x Raises $24M to Expand Digital Workforce for Businesses: AI startup 11x has secured $24 million to accelerate the development of autonomous digital workers, which CEO Hasan Sukkar predicts will become a standard part of business operations within two years. The funding will help the company enhance its global presence and advance products like Alice, an AI-powered sales development representative, and Jordan, an AI phone representative. 11x aims to transform workforce efficiency by automating tasks traditionally handled by employees. (Read Article)

● AI Platform Glean Secures $260M Investment, Valued at $4.6 Billion: Enterprise AI leader Glean has raised $260 million in series E funding, doubling its valuation to $4.6 billion and introducing new features to its Work AI platform. The platform, which connects internal company data via 100+ SaaS connectors, now includes advanced prompting capabilities and embedded solutions for Zendesk and Salesforce. Glean’s AI tools aim to enhance productivity and workflow automation, with clients like Reddit, Duolingo, and Grammarly benefiting from its innovative solutions. (Read Article)

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AI opportunities
A Roadmap to Unlocking a $680 Billion Opportunity with Responsible AI:

The GSMA, in collaboration with 19 leading mobile network operators (MNOs) and McKinsey, has introduced the Responsible AI (RAI) Maturity Roadmap—an industry-wide framework designed to foster ethical AI practices in the telecom sector. This initiative presents an incredible opportunity, with AI integration in telecoms estimated to unlock $680 billion in market value over the next 20 years. Here's how businesses in the telecom sector can seize this moment responsibly while driving innovation.

The Opportunity: AI in Telecoms

AI has the power to revolutionize telecom operations by optimizing networks, improving customer experiences, and creating new services. As AI advances, its applications will range from automating infrastructure management to enhancing cybersecurity and predictive maintenance. However, to fully capture the $680 billion opportunity, companies must prioritize ethical AI practices to ensure long-term, sustainable growth.

Actionable Steps to Leverage AI Responsibly

1- Evaluate Current AI Maturity
Telecom companies should first assess their current AI capabilities using the GSMA’s roadmap. This will identify strengths and areas needing improvement, helping businesses create a focused strategy to enhance AI use ethically.

2- Align AI with Strategic Goals
AI initiatives should align with the organization’s core objectives. This includes setting a clear vision for AI’s role in the business and ensuring these innovations drive long-term value while adhering to responsible principles.

3- Implement Robust AI Governance
Establish a governance framework that includes transparency, fairness, human oversight, and compliance with global regulations such as those set by the OECD and UNESCO. This ensures that AI applications are not only powerful but also ethical.

4- Collaborate with Ecosystem Partners
Work closely with external partners, customers, and stakeholders to ensure that AI systems are developed responsibly. Collaboration fosters a broader understanding of the impact of AI while aligning operations with best practices across the industry.

5- Promote Internal Change and Transparency
As companies implement AI, it's vital to drive corporate change management and communicate transparently with employees and stakeholders. This not only builds trust but also ensures that the workforce is prepared for AI's evolving role in the company.

The Bigger Picture: Leading by Example

The GSMA’s roadmap sets the telecom industry as the first to commit to a unified framework for responsible AI. This leadership offers a blueprint for other sectors to follow, showing that innovation and ethics can—and must—go hand in hand.

By embracing these steps, telecom companies can not only capture new market opportunities but also lead in shaping an AI-driven future that is responsible, sustainable, and inclusive. The time to act is now!

AI tools
7 Advanced AI Tools for Paid Ads:

● AiAdvertising - Uses AI for media buying, ad creation, and predictive targeting to improve ad performance and ROI.

● Beam.city: Automates ad creation and optimization across multiple channels, offering real-time analytics and audience targeting.

● Persado: AI-powered platform for generating emotionally resonant ad copy, increasing engagement through personalized messaging.

● Pathmatics: Provides insights into ad performance and competitive strategies with AI-driven analysis across channels.

● OneScreen: Consolidates advertising data and provides AI-driven recommendations for better ad placements and performance.

● Proxima: Specializes in AI ad targeting, analyzing user behavior to lower CPA and improve audience precision.

● GumGum: AI-based contextual advertising platform that matches ads with content for increased engagement and relevance.

That’s it for today, thanks for reading till the end. 😊 

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See you next week.