Today’s Top Picks:

Stay informed with our daily dose of AI news and industry insights to help you make informed business decisions.

• Meta bets on AI and starts developing a custom chip to train AI models.

  • TL;DR - The second AI generation will become a reality in 2025. This will be great for businesses with multitask workflows. With this technology, you will be able to train your AI models and run them. It will make your engineering process more effective. Additionally, it will boost your operations by carrying out many tasks in parallel.

• Grammarly taps the power of generative AI with a new office tool that pits it against Google and Microsoft.

  • TL;DR - If your business is operating in multiple countries, you've probably run into communication challenges. As a small business owner, we all know how frustrating and time-consuming that can be. Effective communication within your team is crucial for success. The good news is, AI can break down language barriers and make sure everyone’s on the same page. It's a game-changer for your whole team.

• Google, Meta, and Amazon’s next frontier: AI-generated ads.

   

  • TL;DR - In the digital age, marketing plays a crucial role in the growth of small businesses. It's not enough to send out messages; the key is to reach the right audience. We know having a marketing team can be expensive. And the tech giant know it as well. They are developing AI tools that can drive traffic to your sales platforms. This will be especially beneficial for small marketing teams, as it allows them to create effective ad campaigns without needing to hire extra staff.

AI Tip of the day:

People now view minorities differently, making content accessible for everyone. Accessibility improvement is crucial. AI speech recognition aids in automatic transcriptions, catering to a larger audience, especially those in need.

Machine learning and deep learning enable accurate, real-time speech transcription. Tools like Google Cloud Speech-to-Text and Amazon Transcribe provide instant written records.

These written records improve team productivity by providing easily searchable meeting transcripts. It also creates content for hearing-impaired customers. You can add subtitles and reading aids to your content. Additionally, for visually impaired users, you can incorporate text-to-speech features on your website.

Implementing AI speech recognition improves internal communication, enhances content creation, and boosts customer support. It leads to higher productivity, better customer experiences, and improved business outcomes.