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Adam Smith
September 20, 2024

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Coming up this week:

- Doctors: 20% Using ChatGPT
- Klarna: Ditching Salesforce For AI
- Apple: New AI Features
- Mistral: Now Offering Text & Images

And much more… Learn how these unfolding narratives are shaping The Business of AI.

FEATURED STORY 🔥

One in Five GP Doctors Using AI Tools in Clinical Practice

According to a recent survey published in BMJ Health and Care Informatics, 20% of general practitioners (GPs) are utilizing artificial intelligence (AI) tools like ChatGPT in their clinical practice.

The study, which involved 1,006 GPs, found that these AI tools are being used for various tasks. Nearly a third of AI-using GPs employ them to generate post-appointment documentation, while 28% use them to suggest alternative diagnoses. Additionally, 25% of respondents use AI to recommend treatment options for patients.

The researchers noted that GPs may find value in these tools, particularly for administrative tasks and supporting clinical reasoning. However, concerns were raised about potential risks to patient privacy and confidentiality, as it's unclear how the companies behind these AI tools use the information they gather.

The study also highlighted the need for clear regulations on AI use in clinical settings. Dr. Ellie Mein from the Medical Defence Union warned about potential issues of inaccuracy and patient confidentiality associated with AI use in healthcare.

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TRENDING STORIES 🔥

Klarna and Workday Cut Ties with Salesforce for In-House AI

Swedish fintech Klarna ends its partnership with Salesforce, opting to develop its own CRM system. Workday is expected to follow suit, focusing on in-house AI capabilities. Both companies aim to enhance customer experience and gain more control over their AI systems and data.

Next month, Apple introduces Apple Intelligence across its devices. New features include writing tools, photo enhancements, and an improved Siri. Initially available in U.S. English, it will expand to other languages. The system prioritizes privacy with on-device processing and secure cloud computing. More features are planned for future updates.

Mistral introduced Pixtral 12B, a multi-modal AI model that processes both text and images. The model boasts a 128,000 token context and handles 1024x1024 pixel images. It's Apache 2.0 licensed and excels in OCR and information extraction. Pixtral 12B is available for download but not yet on Mistral's hosted API.

MJ Prompt: Alpacas in flowers, green lawn full of flowers, alpacas very cute expression, wallpaper, highly realistic. .

EYE OPENING NEWS 🧠

Audible Tests AI Voice Replicas for Audiobooks

Amazon's Audible is inviting narrators to create AI versions of their voices. These replicas will be available on the Audiobook Creation Exchange for authors to use. Participants can review and reject offers. The initiative aims to expand the audiobook catalog, but may face resistance from human narrators concerned about job security.

Replit Unveils AI Agent for Autonomous App Development

Replit launched an AI agent that can build entire applications from scratch. Unlike traditional coding assistants, this agent operates more independently. It can understand project requirements, write code, set up environments, and manage deployments. The system learns from Replit's vast user data, making it highly effective at completing complex tasks autonomously.

Nevada Tests AI for Unemployment Appeals

Google's AI system will analyze unemployment appeal hearings in Nevada. It will recommend decisions to human referees, aiming to speed up the process. Officials say it will help clear backlogs from the pandemic. The system will review transcripts and documents to suggest approving, denying, or modifying claims. Human oversight remains crucial.

Lionsgate Partners with AI Startup Runway for Film Production

Runway, an AI company, has secured a deal with Lionsgate studios. The agreement allows Runway to use Lionsgate's movies and TV shows to train a new AI model. This technology aims to assist filmmakers in their creative process. Lionsgate sees it as a way to reduce production costs and enhance operations.

ChatGPT's Business Customer Base Soars to One Million

OpenAI reports a significant increase in ChatGPT's paying business customers. The company now boasts one million subscribers across Enterprise, Team, and Education plans. This growth is attributed to improvements in language models powering the AI chatbot. OpenAI is considering higher prices for future advanced models.

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FUNDRAISING 🤑

Ferrum Health Secures $31M for AI Healthcare Platform

AI deployment platform Ferrum Health raised $31 million in Series A funding led by Foundry. The company's software helps healthcare institutions utilize AI products. Funds will support product development and partner expansion.

Virtuous Secures $100M for Nonprofit CRM Platform

Nonprofit CRM platform Virtuous raised $100 million from Susquehanna Growth Equity. Founded in 2014 the company serves over 10,000 nonprofit customers. CEO Gabe Cooper aims to expand customer relations and develop AI features. The investment values Virtuous at approximately five times its 2021 valuation.

Fal.ai Secures $23 Million for AI-Generated Media Platform

Developer-focused platform Fal.ai raised $23 million from investors including Andreessen Horowitz. The company offers infrastructure for running AI models and APIs for generating images, audio, and video. Fal.ai's customer base includes Perplexity, Photoroom, and PlayHT, with an annual run rate of nearly $10 million.

$30 Billion Fund Launched for AI Infrastructure

BlackRock, GIP, Microsoft, and MGX have created the Global AI Infrastructure Investment Partnership. This $30 billion fund will support new and expanded data centers, along with energy infrastructure to power these facilities.

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