Big Tech bets Billions on AI 💰

📣 News: Big tech’s Big Bet 👀 

Its no surprise that companies are making a mad dash to learn about AI and incorporate it into their systems..

AI Products will shape the future of work and no one wants to be left behind.

Here is the list of recent additions to the AI Pool.

• Dropbox Ventures - $50 M

• AWS - $100 million

• Workday - $250 million

• Salesforce’s Ventures- $500 million

• PwC - $1 billion

• Accenture - 3 Billion

DeepMind’s Robots

Google’s DeepMind says that it has developed an AI model, called RoboCat,

RoboCat can perform a range of tasks across different models of robotic arms. That alone isn’t much of a head turner. But DeepMind claims that the model is the first to be able to solve and adapt to multiple tasks and do so using different, real-world robots.

RoboCat is a self-improving AI agent for robotics. It learns to perform a wide range of tasks across different arms and then generates new training data on its own to improve itself.

Several researchers in the past have explored robots that can learn to multitask at scale and comprehend large language models along with the real-world capabilities of a helper robot. According to Google DeepMind, RoboCat is the first agent to perform and adapt to multiple tasks and to do the same across different real robots.

You can read the full report and find further insights here →

EU Regulation

• EU calls for AI regulation: European regulators are at a crossroads over how AI will be regulated and used commercially and noncommercially — in the region.

  This week, the EU’s largest consumer group, the European Consumer Organisation (BEUC) Decided to take a strong stance: Stop dragging your feet, and “launch urgent investigations into the risks of generative AI” now!

You can read the full report and find further insights here →

🤖 ChatGPT Prompt Tutorial: Financial Management for CEO’s

On ChatGPT : Use the prompts below to Master Financial Management as a CEO

[Company Name] is experiencing a cash flow crisis. How would you manage the company's finances and ensure its liquidity as the CEO?

[Company Name] is considering a merger or acquisition. How would you evaluate the potential benefits and risks of this strategy as the CEO, and what factors would you consider in making a decision?

[Company Name] is experiencing pressure from shareholders to increase profitability. How would you balance the need to generate returns for shareholders with the need to invest in the company's future as the CEO?

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Until next time!

Sam