OpenAI for Enterprise, Code Llama, AI Hardware and 8 AI Tools to Manage E-Commerce Business

OpenAI for Enterprise, Code Llama, AI Hardware and 8 AI Tools to Manage E-Commerce Business

Welcome to this week’s edition of A Better AI. Your weekly roundup of AI Developments— tools — Tutorials — and case studies from the best-in-tech, bringing you actionable insights on how to leverage AI to build and grow in life and business.

Interesting New Launches

OpenAI launched ChatGPT for Enterprise

This week OpenAI has introduced ChatGPT Enterprise, an AI assistant aimed at businesses that offers unlimited access to GPT-4 at faster speeds. It includes extended context windows for processing longer texts, encryption, enterprise-grade security and privacy, and group account management features1. This is an exciting development in the world of AI and business!?

https://arstechnica.com/information-technology/2023/08/the-new-spreadsheet-openai-introduces-chatgpt-enterprise-for-businesses


Meta Launched Code Llama

Yet another interesting launch was Meta’s Code Llama, an open-source machine learning system that can generate and explain code in plain English. Python, C++, Java, PHP, Typescript, C#, and Bash are just a few of the programming languages that Code Llama can complete and debug. The model comes in a variety of flavours, such as a Python-optimized version and a version geared to comprehend instructions. All of the Code Llama models can receive up to 100,000 tokens of code as input, and several of them can insert code into already-written code. Akin to GitHub Copilot and Amazon CodeWhisperer, as well as open-source AI-powered code generators like StarCoder, StableCode and PolyCoder, it would be interesting to watch which one becomes the favourite of developers.

https://techcrunch.com/2023/08/24/meta-releases-code-llama-a-code-generating-ai-model/

New Things I Learned This Week

I got excited to learn about Nvidia’s stock jumping 3X since January 2023. The tech giant’s stock has become a favourite on Wall Street in 2023. Nvidia’s stock enjoyed triple-digit growth since Jan. 1, driven almost entirely by its potential in artificial intelligence (AI). I thought of gaining an insight into all things GPU and why the hardware has become so important.?

I found three podcast episodes from a16z podcast that helped me become more knowledgeable about the AI hardware landscape and its emergence.?

Episode 1: AI hardware explained

https://a16z.simplecast.com/episodes/ai-hardware-explained-Y_xs7DV4

Episode 2: Chasing Silicon: The race of GPUs

https://a16z.simplecast.com/episodes/chasing-silicon-the-race-for-gpus-hhXCxix6

Episode 3: The true cost of compute

https://a16z.simplecast.com/episodes/the-cost-of-compute-ZCUGuXja

Like me, if you are also in search of learning about the hard thing about hardware that powers AI, investing 50 minutes of time to listen to it would be a great plus.

AI Tools To Use

Almost every day hundreds of AI tools are being developed and launched by developers and tech entrepreneurs. Instead of curating the tools based on their marketing efforts, I have started experimenting with the tools on a thematic use-case basis. A while ago, I started experimenting with AI tools that can be helpful to e-commerce businesses. Here are eight tools that I found most useful. You can click on the link to learn more about these tools, how to use them and how to get the best results.

Here are? AI tools that e-commerce businesses can use to manage their businesses more effectively:

Browse AI: Browse AI is a competitive intelligence tool that tracks your competitors' websites and marketing campaigns. This information can help you identify new opportunities, improve your pricing strategy, and optimize your marketing campaigns.

Copy AI: Copy AI is an AI writing tool that can help you create high-quality marketing copy, product descriptions, and social media posts. This can save you time and money, and help you improve your conversion rates.

Spin Rewriter: Spin Rewriter is an AI paraphrasing tool that can help you create unique and engaging content. This can help you improve your SEO rankings and boost your website traffic.

MidJourney: MidJourney is an AI art generator that can help you create stunning images and videos for your marketing campaigns. This can help you capture attention and drive sales.

Runway: Runway is an AI product recommendation engine that can help you personalize the shopping experience for your customers. This can help you increase customer satisfaction and boost sales.

Merlin: Merlin is an AI chatbot that can answer customer questions and provide customer support. This can help you free up your time so you can focus on other aspects of your business.

Memo: Memo is an AI note-taking tool that can help you organize your thoughts and ideas. This can help you be more productive and make better decisions.

Descript: Descript is an AI-powered audio and video editing tool that can help you create professional-quality content quickly and easily. This can help you save time and money, and improve the quality of your marketing content.

Use this link to download the pdf document to learn more about these tools.

8 AI Tools and AI Agents for Effective E-commerce Business Management

Help me shape a better AI for a better world!

I am experimenting with this newsletter alongside transitioning myself to the world of AI. Let me know what you think about the newsletter and content. What additional things you would like me to include to make it more meaningful for you and your tribe?

See you next week!

Best Always,

Ishwar Jha

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