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  • AI Tools Club Newsletter: o1 by OpenAI + Generative AI Terms + more

AI Tools Club Newsletter: o1 by OpenAI + Generative AI Terms + more

Wagwan guys!

It was another busy week with plenty of news about artificial intelligence (AI) and other industry updates. We have curated the top industry updates specially for you. I hope you enjoy these updates, and make sure to share your opinions with us on social media.

In today’s edition of AI Business News & Updates:

  • Why OpenAI’s o1-Mini Might be Real Value for Money 🤏

  • 5 Ways to Access OpenAI’s Latest o1 AI Model Series 🖐️

  • AI Search Tools vs AI Chatbots: What’s the Difference? 🆚

  • How to Create Stunning Infographics Using AI 📊

  • 20 Must-Know Generative AI Terms for Beginners 🦙

o1-mini by OpenAI

Why OpenAI’s o1-Mini Might be Real Value for Money

OpenAI has introduced the o1 series, a groundbreaking set of AI language models for complex reasoning tasks. One of the AI models in this series is o1-mini. The AI model is a more affordable and efficient model designed specifically for coding and problem-solving applications.

Key Features of o1-mini:

  • Enhanced Reasoning: o1-mini is great for complex reasoning tasks, making it ideal for science, coding, and math fields.

  • Cost-Effective: As a smaller model, it is 80% cheaper than o1-preview, making it a practical choice for developers with budget constraints.

  • Efficient Performance: The AI models offer a balance of speed and accuracy. It can complete tasks quickly and accurately, enhancing your productivity.

➡️ Read more!

o1 AI Models Access

5 Ways to Access OpenAI’s Latest o1 AI Model Series

Just days ago, OpenAI launched a series of new AI models, o1. The 01 series is designed specifically to spend more time thinking before responding. This new series currently contains two AI models, o1-preview and o1-mini. These two models promise to spend more time thinking before they give you a response, just like a human. The AI models are on par with PhD researchers in physics, chemistry, and biology-related tasks.

Currently, OpenAI’s 01 series is only available to ChatGPT Plus and Team users and will be available to others in the coming days. Free users can get access to o1-mini, but it won’t be available soon. So, we have gathered some platforms where you can use these AI models from OpenAI for free or a small subscription fee.

Here are 5 ways you can access the ChatGPT o1 model series:

  1. ChatGPT

  2. Merlin AI

  3. Poe

  4. Hugging Face

  5. You.com

➡️ Know more!

Recommended AI Tools

Here are some top AI tools for you to try!

  • AdCreative.ai:* Create ads that improve your conversion and CTR. This tool is perfect for anyone who needs quality, agility, and precision.

  • MaxAI.me:* A Chrome extension that lives in your browser, helping you write, research, and summarise faster with AI, saving you hours.

  • Codium: Generate codes using AI with more confidence. It is a quality-first code generator for busy developers to write, test, and review codes.

  • ClickUp:* Manage your work and team faster with this project management tool, now powered with a powerful AI assistant to help you be more productive.

  • Otter AI:* Your AI meeting assistant that allows you to focus on your meeting and not on taking notes. Otter takes notes and records for meetings for you.

  • Shutterstock AI:* A powerful AI image generator powered by OpenAI’s Dall-E technology for generating high-quality AI images.

  • Cody:* An AI assistant that works like ChatGPT, helping you, your team, and your clients by training on relevant data and working like an employee.

*We do make a small affiliate profit when you buy some of these products through the click link

AI Search Tools

AI Search Tools vs AI Chatbots: What’s the Difference?

We all are watching AI grow like proud relatives. Most people’s AI journey started with tools like AI chatbots (ChatGPT) and AI image generators to now AI-powered search engines. Since there are more AI tools than ever before and more people are engaging and testing AI tools. There are so many tools that it is easy to get caught up in the buzz.

You might even get confused about which tools to use for specific tasks, especially when every tool promises to do everything. One common issue people face when using AI is misunderstanding its purpose.

For example, many users complain about ChatGPT’s hallucinations, expecting it to behave like a search engine. But here’s the thing—it’s not. ChatGPT is an AI chatbot or a tool for content creation. However, most people do not understand the difference between AI search tools and AI chatbots. If you’re looking for AI within a search engine-style experience, options like SearchGPT or Perplexity.

➡️ Read more!

How-to Article

How to Create Stunning Infographics Using AI

One of the best ways to share your ideas is through charts, graphs, infographics, and other visualization tools. Often, during major meetings and presentations, we see people show charts or infographics to prove their point. If you want to make an impact during your meetings and presentations, it is always recommended to keep things concise. People do not have the intention span to read and focus on every single text or detail you mention. However, now the challenge is creating an infographic, as we are not all professional designers. Fortunately, what we do have is AI and AI tools to create infographics.

How to use Napkin AI to create stunning infographics:

Step 1: Go to Napkin AI. Input your text. You can either choose “Draft with AI” for AI-generated content or “Blank Napkin” to paste your text.

Step 2: Generate visuals. Napkin can generate relevant images from your text for you to choose from. Select the text, then click the “Thunder Bolt” icon to choose from different visual styles.

Step 3: Refine and personalize. To improve its effectiveness, you can adjust the visuals by customizing fonts, text size, alignment, icons, and colors.

Step 4: You can export Napkin designs as .png, .pdf, or .svg or download the full content.

➡️ Read more!

Generative AI Glossary

20 Must-Know Generative AI Terms for Beginners

Despite being so simple, artificial intelligence (AI) could seem really hard due to the influx of new terms and concepts. To help you stay informed and up-to-date, we’ve gathered a small glossary of important AI terms. This article could end your struggle and provide clear explanations of key concepts in simple words. This can help you regardless of your age and occupation.

Here’s a breakdown of 20 important terms you need to know in generative AI:

1. Generative AI

Generative AI refers to AI that can create new content, like text, images, or music, based on patterns it has learned. This is the backbone of technologies like ChatGPT and DALL-E.

2. Discriminative AI

While generative AI creates, discriminative AI focuses on identifying and categorizing data. It’s used to differentiate between categories, like sorting images into different groups.

3. Artificial General Intelligence (AGI)

AGI refers to AI that can perform any intellectual task a human can, not just specialized tasks. It’s a futuristic goal, but current AI systems are still trying to achieve this. Imagine a machine that can learn and reason like a human across various fields

4. Artificial Super Intelligence (ASI)

ASI is a theoretical concept of AI surpassing human intelligence in every possible way, outperforming humans in all fields. It’s more science fiction than reality, but it’s an area of active research.

5. Artificial Narrow Intelligence (ANI)

Unlike AGI or ASI, ANI is where current AI stands. It refers to AI systems designed to be great at specific tasks like playing chess or translating languages without general cognitive abilities.

➡️ Read more!