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- AI Spending Soars to $13.8B
AI Spending Soars to $13.8B
Plus: GPT-4o Got an Update
Welcome AI-Powered Leaders!
Good morning. Today's top story is that "AI Spending Soars 500% to $13.8B". Enjoy the read!
In today’s topics:
AI Spending Soars 500% to $13.8B
Discover Customer Needs With AI
8 New Quick Hits
3 Trending AI Tools
Read Time: 5 Minutes
LATEST NEWS
AI Spending Soars 500% to $13.8B
Image Source: OpenAI DALL·E 3
The Veroneus: According to the CNBC (main source Menlo), business spending on AI has surged significantly in 2024, reaching $13.8 billion.
The Details:
Business investment in AI has increased by 500% this year compared to the previous year.
The increase in spending indicates a rising awareness of AI's ability to boost productivity and efficiency in different industries, with AI agents seen as an advancement beyond traditional chatbots.
Menlo Ventures reported that over 60% of companies are now prioritizing AI initiatives in their budgets.
The trend indicates a shift towards more advanced technologies as companies aim to stay competitive in a rapidly evolving market.
The Significance: The significant rise in AI investment highlights the essential role technology has in contemporary business strategies, which could transform industries and stimulate economic growth.
PROMPT TUTORIAL
Together With Veroneus Leaders
Discover Customer Needs with AI
Prompt Template:
Act as a market research specialist and identify the top emerging customer needs and preferences in the [industry], focusing on [specific area], for [target audience]. Provide detailed insights and suggest potential strategies to meet these needs.Response:
Prompt Output
QUICK HITS
⚡️Quick Hits
OpenAI updated GPT-4o boosts creativity and file analysis for sharper, more engaging responses.
Nvidia's supply snags hurting deliveries but mask booming demand
AlphaQubit tackles one of quantum computing’s biggest challenges
Nvidia’s CEO defends his moat as AI labs change how they improve their AI models
Messenger video calls will look and sound better — and add AI backgrounds
H, the AI startup that raised $220M, launches its first product: Runner H for ‘agentic’ applications
A Chinese lab has released a ‘reasoning’ AI model to rival OpenAI’s o1
OpenAI launches free AI training course for teachers
We Value Your Opinion
Do you believe that the significant increase in business spending on AI will lead to long-term competitive advantages for companies? Tell us why. |
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TRENDING AI TOOLS
🛠️ AI Tools
Superchat - It is an all-in-one messaging software designed to enhance customer communication and engagement for businesses. (Product Hunt)
Clickable - It is a tool powered by AI that assists businesses in creating visually attractive and brand-consistent advertisements for different marketing channels, all without needing any design expertise.
Luminaries.AI - It is a tool powered by AI that aims to improve lead conversion for businesses through the use of SMS communication and artificial intelligence.
🛑Hold on! Before you leave…
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