Agibot’s Decepticons vs. Elon’s Optimus

A robot showdown, GPT-4o fine-tuning, and brain-organoid computing

Welcome to Another Issue of AI for Business

China’s Agibot is gearing up to take on Tesla with its new family of humanoid robots, while OpenAI is giving businesses the power to fine-tune GPT-4o to their exact needs…

…and Swiss startup FinalSpark is pushing the boundaries of AI with biocomputing platforms using human brain cells.

Let’s break it down! ??♀?

Read time: 3.5 minutes

TRENDING AI NEWS

?? Chinese Startup Agibot Unveils Humanoid Robots to Compete with Tesla's Optimus

What happened: Agibot, a Shanghai-based robotics startup founded by former Huawei "Genius Youth" recruit Peng Zhihui, has launched a family of humanoid robots designed to rival Tesla's Optimus.

Here’s the deets:

• The Agibot family comes with five models of wheeled and biped humanoid robots for various applications.
• The Yuanzheng A2 biped robot stands 175cm tall, weighs 55kg, and can perform delicate tasks.
• Robots are equipped with AI-powered sensors for vision, hearing, and understanding of text, audio, and visual information.
• The company plans to start the shipping of the humanoid robots from October, with a target of 300 units by year-end.

?? China's humanoid robot market is estimated to reach 20 billion yuan (US$2.8 billion) by 2026.

Read more…

?? OpenAI Launches Customization Feature for GPT-4o Model

What happened: OpenAI has launched a new feature that allows corporate customers to customize its most powerful AI model, GPT-4o, using their own company data. This feature, known as ‘Fine-tuning’, will be available starting today.

Here’s what to expect:

• Allows GPT-4o to be trained on additional information for specific and specialized tasks or subject areas.
• Customers must upload their data to OpenAI's servers for the customization process.
• The fine-tuning process takes an average of one to two hours.
• Currently, only text-based data can be used for fine-tuning, not images or other content types.
• It comes with 1 million free training tokens per day for GPT-4o and 2 million for GPT-4o mini through Sept. 23.
• It requires $25 per million tokens for training, $3.75 per million input tokens and $15 per million output tokens for deployment.

Fine-tuned models have shown excellent results in benchmarks, such as Distyl AI's top performance in the BIRD-SQL benchmark.

??This is the first time fine-tuning has been available for GPT-4o or its predecessor GPT-4.

Read more…

?? FinalSpark Introduces Biocomputing Platform Using Human Brain Organoids

What happened: Swiss startup FinalSpark has introduced a service that allows scientists to rent cloud access to "biocomputers" made of human brain cells for $500 a month.

The goal is to create AI systems that use significantly less energy than current technologies.

Here’s the deets:

• The system uses organoids—clusters of human brain cells—that can function and compute for up to 100 days.
• AI models are trained with dopamine for positive reinforcement and electrical signals for negative reinforcement, mimicking natural neural processes.
• FinalSpark claims these biocomputers could be 100,000 times more efficient than traditional silicon technology for AI training.
• Watch the live stream of the organoids in action 24/7 here.

?? While promising in terms of energy efficiency and potential capabilities, it also introduces new ethical and scientific challenges that will need to be addressed as the technology develops.

Read more…

AI SNIPPETS

• Mayoral candidate vows to let VIC (Virtual Integrated Citizen) , an AI bot, run Wyoming’s capital city
• ElevenLabs’ text-to-speech app Reader is now available globally
• How A.I. Can Help Start Small Businesses
• AMD buying server maker ZT Systems for $4.9 billion as chipmakers strengthen AI capabilities
• Claude introduced a new screenshot capture button, making it easy for users to include screen images in their prompts.
• Midjourney launched a new web-based AI image editor, featuring advanced tools for seamlessly modifying and enhancing generated images.
• Bzigo unveiled Iris, an AI-driven mosquito detector that uses a laser pointer to track and mark mosquitoes, making them easy to swat.

ENTERPRISE MOVES

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

1. ?? Optimizing Supply Chain Operations

Move:?J.C. Penney, a long-standing department store retailer with over 120 years of history, is investing heavily in AI and machine learning to modernize its supply chain, including the implementation of advanced warehouse management systems and automation technologies.

Action: Consider integrating AI and automation into your business’s supply chain to streamline operations, increase efficiency, and reduce costs.

2. ?? Precision Fuel Management

Move: Lenovo has developed a custom AI system for Richard Childress Racing (RCR) to optimize NASCAR pit stops. The AI analyzes real-time data from in-car transponders and video feeds to precisely measure fuel delivery times, ensuring accurate fuel calculations and improving overall race strategy.

Action: Implement AI technology in your business to fine-tune operations and make data-driven decisions to start gaining competitive edge in high-stakes environments.

3. ??? Elevating Restaurant Operations

Move: Popmenu, a SaaS company for the restaurant industry, is using AI technology to streamline operations, especially in creating digital marketing content.

Their AI-driven content calendar automates social posts, emails, and text messages, allowing restaurant owners to focus on approvals and edits rather than starting from scratch.

Action: Explore AI solutions that could help automate time-consuming tasks, improve customer interactions, and optimize your operations.

Want to know a secret? You don’t need to be a big company or enterprise to start leveraging AI to transform your business.

Join us at the AI for Business 3-Day Summit from August 21-23, 2024, and discover how AI can revolutionize your marketing, sales, lead generation, and social media strategies.

This live, virtual, and interactive event is your chance to get a clear, step-by-step blueprint to scale faster, dominate your market, and achieve more—with AI.

Register now for free!

THE AI BUSINESS TOOLKIT

(Our Top 5 Weekly AI Picks)

AI Tools For Modern Businesses

Curious what AI tools and platforms we’re personally using to supercharge and streamline our processes saving us a ton of time and effort? Checkout these tools below. You’ll surely love it!

• AppSumo: Get the hottest software deals sent straight to your inbox and get 10% off your first order!
• Closebot: Revolutionize your lead qualification.
• VidIQ: Make better videos with better content.
• Beehiiv: The newsletter platform built for growth. It have everything you need to succeed and generate revenue.
• Ideogram: A free-to-use AI tool that generates realistic images, posters, logos and more.

WELL… THAT’S A WRAP!

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Your AI buddy,

Brian Hanson

CEO / Founder

AIForBusiness.com

[email protected]

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