Coming up this week:

- OpenAI: GPT-5 Is Coming
- Amazon: AI Product Pages
- DeepMind: Soccer Tactics
- Apple: Google AI In iPhones
- Create a Business Using AI

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

FEATURED STORY 🔥

OpenAI Set to Unveil GPT-5

OpenAI is gearing up to launch GPT-5. Business Insider reports that select business users are already testing the tool, with one CEO highlighting its significant improvements.

GPT-5 aims to enhance the functionalities of its predecessors and introduce new features, including the ability to carry out tasks independently. While there's no confirmed release date, safety evaluations are anticipated before its public rollout.

OpenAI CEO Sam Altman criticized the existing GPT-4 for its shortcomings on the Lex Fridman Podcast, but teased the release of an "amazing new model" within the year, which may or may not be named GPT-5.

Altman also discussed the immense energy demands of future AI technologies, suggesting that nuclear fusion could be the solution, although it remains an unrealized potential in energy production.

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AI JOBS 🔥

New AI Jobs Newsletter

We are launching an exciting newsletter that showcases the BEST AI Job roles hitting the market each week.

If you are looking for a new position in this white-hot space or just keen to explore what’s out there, add your email to our launch list.

Sign up for free here.

TRENDING STORIES 🔥 

Amazon's AI to Create Seller Pages

Amazon introduces an AI feature allowing sellers to generate product pages by pasting external website links. This tool aims to simplify the process of listing products on Amazon, ensuring efficiency and consistency for sellers.

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DeepMind AI Revolutionizes Soccer Tactics

Liverpool FC collaborates on TacticAI, an AI system enhancing corner kick strategies. It predicts play outcomes using geometric deep learning, preferred by experts 90% of the time. This tool marks significant progress in sports analytics and AI development, potentially influencing various real-world applications.

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Apple May Integrate Google AI in iPhones

Apple is negotiating with Google to license the Gemini AI for upcoming iPhone features. While terms are undecided, this deal could broaden Google's AI reach and accelerate Apple's AI app development, despite potential regulatory scrutiny.

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AI Business Idea Of The Week 📷️ 

I recently came across James Potter on X. He’s building a few cool things, but the one that caught my attention - Meals Chat.

It started life as a simple Telegram Bot that uses the GPT4 API to analyze images of food and provide a breakdown of the calories, macros, and ingredients. He’s recently launched on the App Store with a few more features:

1. Set personalized goals.

2. Check daily, weekly, or monthly stats.

3. Write what you ate instead of taking a photograph.

4. Track your caffeine consumption.

He launched just 50 days ago and is already getting some traction hitting $423 MMR.

I think James is on to something here. I’ve personally used MyFitnessPal and it’s a pain to scan each item, measure the weights, etc. It’s a long shot, but with enough traction, he could eventually be acquired by someone like MyFitnessPal.

This got me thinking - what other business could you build around the same technology? In the health space, could someone take a photo of a rash or mark and get a response rather than Googling it? In the DIY space could someone take a photo of a project and get suggestions on how to fix it?

Hit reply and let us know what other ideas you have for this AI tech.

EYE OPENING NEWS 🧠 

Sentry Launches AI-Powered Autofix Tool

Sentry introduces AI Autofix to suggest code fixes in production environments. It's a human-in-the-loop system, designed to speed up error resolution by understanding the code's context. Developers stay in control, with the AI proposing solutions and creating pull requests for approval.

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Fitbit's New AI Health Advisor

Google's Fitbit app will soon feature a personalized AI health advisor. Developed with Google's Gemini model, it offers tailored fitness and sleep guidance. Users can test and provide feedback on this innovative tool in Fitbit Labs, highlighting Google's commitment to AI in personal health.

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Truecaller Unveils AI-Powered Spam Blocking

Truecaller's "Max" update for Android premium users employs AI to automatically block calls not from approved contacts or flagged as spam. This aggressive filtering aims to enhance user experience despite a recent revenue dip and potential competition from a proposed Indian telecom spam ID service.

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Apple Unveils MM1 AI for Text and Image Analysis

Apple's new AI model, MM1, can analyze images and answer questions, signaling its foray into generative AI. The model, detailed in a research paper, shows capabilities similar to ChatGPT and could integrate into future Apple products. This development marks a significant investment by Apple in AI technology.

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$8.5B CHIPS Act Boost for U.S. Semiconductor Industry

The U.S. government and Intel plan to invest $8.5 billion to enhance domestic semiconductor production. This move aims to create thousands of jobs and reinforce American leadership in advanced chip manufacturing, as part of the broader CHIPS and Science Act initiative.

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5 Tools to Boost Your Productivity

- Generate personalized visually stunning stories in just one minute. Dorosi
- Generate videos from simple text in one minute. Moonvalley
- Craft social media posts and art, in just seconds with AI. Questgen
- Generate high-quality, engaging content 10x faster. Vidiofy
- Chat, generate, and design without limits using Generative AI. Venturus AI

Want your tool featured here? Hit reply and tell us a little about it 😍 

FUNDRAISING 🤑 

Carlsmed Secures $52.5M for Spine Tech

Carlsmed, a medtech firm, raised $52.5 million in Series C funding to expand its aprevo® spine surgery platform. The business, valued for its AI-driven personalized surgery tech, plans to launch cervical fusion solutions by 2025.

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HiLabs Secures $39M for Healthcare AI

Healthcare data platform HiLabs raised $39 million to advance its AI technology and grow its team. The funding, led by Eight Roads Ventures and Denali Growth Partners, will bolster MCheck, their data-cleaning cloud service for healthcare organizations.

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Pi Health Secures $30M for Cancer Tech

Oncology tech firm Pi Health raised $30 million in Series A funding to enhance cancer care and clinical trials globally. Their AI platform and FICS software aim to expedite drug development and improve patient access.

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Unstructured Secures $40M for AI Data Tooling

Unstructured raised $40 million in Series B funding to enhance its large language model preprocessing tools. The investment, led by Menlo Ventures, boosts total capital to $65 million, aiming to streamline unstructured data handling for AI applications.

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