- Foundevo Newsletter
- Posts
- π SpreadsheetLLM by Microsoft: Changing How AI Interacts with Data
π SpreadsheetLLM by Microsoft: Changing How AI Interacts with Data
π 20 Proven strategies for monetization
In This Edition:
πSTARTUP SPOTLIGHT
How to successfully launch on Product Hunt (Link)
How can you turn your followers into paying customers? 20 Proven strategies for monetization (Link)
How to grow your startup quickly and safely (Link)
Can You Spot the #1 Warning Sign Your Startup is Failing? (Link)
From Maternity Leave to Gummy Empire: How Did This Mom Build a Vitamin Powerhouse? (Link)
Is the Future Female and Tech-Savvy? Why These Women Entrepreneurs Are Worth Watching (Link)
How is a Small Canadian Startup Making Big Waves in Global Aquaculture? (Link)
AI Innovator Andrej Karpathy's New Startup, Eureka Labs, Targets Education with AI Assistants (Link)
Haiper's Journey: How Two Ex-Google DeepMind Researchers Are Transforming AI Video Generation (Link)
Are Startups Really Designed to Break All Rules? Discover the Hidden Truths Behind Success! (Link)
π―WEB PICKS
PwC Survey: AI as a Boon, Not a Bane β Young Workers See Potential to Enhance Capabilities (Link)
From Cashiers to Robots: How AI is Revolutionizing Food Retail (Link)
Can AI Finally Think for Itself? OpenAI's Secret "Strawberry" Project Aims to Crack Reasoning (Link)
YouTube Music Tests AI-Generated Radio and Unveils New Song Recognition Tool (Link)
Reels Get an Upgrade: Instagram Now Supports Multiple Audio Tracks (Link)
Anthropic and Nvidia Harness YouTube Transcripts to Train Cutting-Edge AI (Link)
Google Charms India's AI Talent with Cutting-Edge Tools and Models (Link)
Microsoft Under Scrutiny in UK: Regulator Questions Hiring Practices in AI Market (Link)
πINVESTMENT & FUNDRAISING
Exa Secures $17M to Develop an AI-Centric Search Engine, Backed by Lightspeed, Nvidia, and Y Combinator (Link)
Google Backs Namma Yatri, an Open-Source Rival to Ola and Uber in India: Report (Link)
NYC's Standard Bots Secures $63 Million for AI-Powered Cobot Arms (Link)
Partior Secures $60M+ to Streamline Interbank Transactions with Blockchain Tech (Link)
2024 A.I. Landscape: Here's Who's Who in US Startups with $100M+ Funding (Link)
Google Eyes Cybersecurity Titan: In Talks to Acquire Wiz for $23 Billion(Link)
Vectara Secures $25M to Launch Mockingbird LLM for Enterprise RAG Applications (Link)
Huma Therapeutics Raises $80M, Nears $1B Valuation in Health-Care AI Sector (Link)
Small Language Models on the Rise: Arcee AI's $24M Series A Funding (Link)
π― RECOMMENDATIONS
Boost your entrepreneurial skills and AI knowledge with these selected newsletters.
They're great for anyone running a startup, interested in artificial intelligence, or wanting to keep up with the latest AI tools and trends.
Subscribe to these publications FREE, and get access to loads of useful insights and information.
π¬ AI RESEARCH
How Microsoft's SpreadsheetLLM Could Revolutionize AIβs Interaction with Spreadsheets
The "SpreadsheetLLM" is a new system designed to help large language models (LLMs) better understand and work with spreadsheets, like those you see in Microsoft Excel or Google Sheets.
Spreadsheets can be tricky for these AI models because they are big, have a lot of cells, and are arranged in rows and columns, which is hard for models that read text in a line.
To make it easier, the team has developed a way to simplify and change the way spreadsheet data is turned into a format that these models can handle more efficiently.
Key Insights
π Structural Anchors: Identifies key rows and columns that provide important information about the layout, ignoring parts that don't add much value. This makes the spreadsheet easier for the model to understand.
πInverted-Index Translation: Uses a special method to turn the spreadsheet into a dictionary format, which helps reduce the amount of data the model has to process by grouping similar items together.
πData Format Aggregation: Focuses on grouping numerical cells by their format rather than their exact value, which helps the model get a better grasp of the structure without needing to process every single number.
πͺWhy This is Important
This advancement is crucial because it allows AI models to handle spreadsheets more effectively, which are a fundamental part of many business operations and data analysis tasks.
By improving how AI understands and interacts with spreadsheets, businesses can automate more complex tasks, gain insights more quickly, and manage data more efficiently, ultimately leading to better decision-making and productivity improvements.
π₯ STARTUPS GROUNDSWELL
What Should Founders Do When VCs Say No? Marc Andreessen Shares His Insights
What should you do when VCs say no? π€
How can you turn rejection into a stepping stone for success? πͺ
Marc Andreessen of Andreessen Horowitz (a16z) shares essential advice for founders dealing with venture capital rejections.
He likens the pitch process to "peeling an onion," where too much risk can bring tears to investors' eyes. While a single 'no' isn't necessarily bad, multiple rejections might indicate underlying issues.
π±AI RESOURCES
Top 10 AI Business Tools That Are Game Changers in 2024
Gif by justin on Giphy
Are you a small business owner or solopreneur looking to streamline your operations with the latest AI tools?
Here are 10 cutting-edge AI tools that can transform how you manage your business, create content, and engage with your customers.
Byword & SEO AI - Interested in scaling your content creation? These tools use AI to generate headlines and content for numerous pages targeting long-tail keywords. This is particularly useful if you're looking to boost SEO without spending countless hours writing.
Zapier - Need to automate repetitive tasks? Zapier allows you to connect different apps and create automated workflows. This tool can handle everything from social media posts to managing customer inquiries, freeing up your time for more critical business tasks.
DoNotPay - Facing legal challenges but can't afford a lawyer? DoNotPay uses AI to provide legal assistance for routine issues like contesting parking tickets, claiming flight compensations, or canceling subscriptions. It's an affordable alternative to costly legal services for straightforward issues.
Runway ML Infinite Image - Ever needed an image to be just a bit wider or taller? Runway MLβs Infinite Image can expand images seamlessly, making it perfect for website banners or social media posts where you need a custom fit.
Adobe Firefly - For those in need of quick graphic design adjustments, Adobe Firefly can alter images with simple commands. Change clothing in a photo, modify backgrounds, or adjust elements within an image to suit your branding needsβall in just a few clicks.
Undetectable AI - Concerned about your content being flagged as AI-generated? Undetectable AI refines text to pass as human-written, ideal for ensuring your content remains unique and undetected by AI content scanners.
Descript - This tool replicates your voice from a typed script, producing high-quality audio outputs. It's perfect for creating podcasts, marketing videos, or any other content where voice consistency is key, without the need to record multiple takes.
Autopod - Video and podcast creators can save editing hours with Autopod. This tool automates the editing process by syncing multiple camera angles and audio tracks, focusing on speakers dynamically, which is invaluable for multi-person interviews or panel discussions.
Captions - Improve viewer engagement with Captions. This app not only generates subtitles for your videos but can also alter the eye direction of speakers to ensure they appear to be looking directly at the audience, enhancing viewer connection.
CompareBizTech - Still hunting for the perfect AI tool? CompareBizTech is a comprehensive resource listing various AI tools categorized by function, making it easy to discover new technologies to enhance your business operations.
These tools are more than just helpers; they're game changers in managing and growing your business more efficiently.
Whether it's automating mundane tasks, enhancing content creation, or navigating legal hurdles, leveraging these AI solutions can provide significant advantages.
π€ PROMPT USE CASE
How To Use ChatGPT to Develop Lead Generation
How It Works:
ChatGPT can serve as a valuable tool in decision-making and problem-solving by providing tailored suggestions and insights based on vast amounts of data and prior knowledge.
When it comes to lead generation, ChatGPT can analyze provided information about target audiences or industries to offer specific strategies.
It utilizes patterns and trends from various sectors to recommend effective approaches that match the unique needs of a sales team.
Why Use It:
πData-Driven Insights: ChatGPT synthesizes information from a wide range of sources to provide informed and effective tactics that are tailored to specific industries and target audiences.
β‘ Speed and Efficiency: By instantly generating suggestions, ChatGPT accelerates the brainstorming process, allowing sales teams to quickly implement new strategies.
π° Cost-Effective: Utilizing AI for brainstorming and problem-solving eliminates the need for extensive research and consultation, reducing overhead costs.
πContinuous Learning: ChatGPT's models are regularly updated with new information, ensuring that the strategies it suggests are in line with current market trends and technologies.
π‘Prompt:
"Can you recommend some impactful lead generation strategies for our sales team? We are targeting mid-sized companies in the manufacturing industry. Our goal is to introduce our new line of eco-friendly machinery designed to increase production efficiency and reduce environmental impact."
This prompt would allow ChatGPT to tailor its suggestions to the specific needs of businesses within the manufacturing industry, focusing on eco-friendly solutions and efficiency improvements.
π€ AI TOOL FOR SMALL BUSINESS
Best AI Prompt Assistant Tools
π¨Midjourney Prompt Generator: Creates specific and contextual prompts for visual imagery.
π€Promptheus: Voice input for ChatGPT via a Chrome extension.
π€οΈ Prompt Journey: Generates prompts for Midjourney Discord using ChatGPT-4.
ποΈ PromptoMANIA: Free builder for detailed text-to-image prompts.
π€Chat Prompt Genius: Generates chatbot prompts tailored to trends.
βJust Prompts: Enhances prompts with Additive Prompting.
π¬Easy Prompt: AI-powered Telegram chatbot for Web3 interactions.
πPromptExtend: Expands and refines initial AI art prompts.
πΌοΈ Prompt Hunt: Generates professional-level AI art images.
πWNR.AI: Uses AI templates to refine and generate content.
π€PARTNERSHIP
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Sounds like a dream, right? Well, hold on to your sunhat because we've got some exciting news!
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πPRODUCTIVITY TOOLS
AI Tools to Boost Your Productivity
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Cols.ai: AI-powered phone calling platform.
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Ssemble: Generate engaging short videos with AI.
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Sketch2scheme: Convert hand-drawn diagrams into digital schemes.
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TalkTastic for macOS: Context-aware voice keyboard for any app.
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Jobright AI: Your AI job search copilot.
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Blaze: Use AI to find high-intent leads and trigger relevant outreach.
β
AutoReels.Ai: Automate faceless videos for TikTok, YouTube, and more.
β
Sourcer AI: AI-powered fact-checker for article reputability and bias.
β
Project Atlas Desktop: Generate no-code agents using natural language.
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Beeyond AI: Access 50+ AI tools under one subscription.
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Sugar Free: Food Scanner: Sugar detox app.
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Shadow: Your personal bot-free AI meeting assistant.
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If AI Could Do Your Job, What Would You Do Instead? |
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