AI Tools Club Newsletter: OpenAI Launched GPT-4o Mini + Top AI Business Tools + much more

Wagwan!

Here’s everything we got for you today. Enjoy!

Featured AI News

OpenAI recently unveiled the GPT-4o mini, their most cost-effective small model to date. This mini-model promises to widen the scope of AI applications with its affordable pricing and powerful capabilities.

5 Reasons Why GPT-4o Mini is a Game-Changer for AI Applications

1. Cost-Efficiency: GPT-4o mini is significantly more affordable than previous models. The new model is priced at just 15 cents per million input tokens and 60 cents per million output tokens. This cost-effectiveness makes it an attractive option for developers looking to build AI solutions at a lower cost.

2. Enhanced Performance:

• GPT-4o mini scored 82% on the MMLU benchmark, outperforming competitors like Gemini Flash and Claude Haiku in reasoning tasks.

• It excels in mathematical reasoning and coding, scoring 87% on MGSM out-classing Gemini Flash and Claude Haiku.

• The mini-model scored 87.2% on HumanEval and again outperformed its competitors.

• Finally, it scored 59.4% on MMMU for multimodal reasoning evaluation and outperformed Gemini Flash and Claude Haiku.

3. Multimodal Capabilities: The model supports text and vision in the API. There are future plans to expand to video and audio inputs and outputs. This model’s versatility allows for a broader range of applications. It can perform real-time customer support and complex data extraction.

4. Built-in Safety Measures: OpenAI has implemented extensive safety protocols for the mini model. They filtered out harmful content during pre-training and used reinforcement learning with human feedback (RLHF) in post-training. The model also uses an instruction hierarchy method to resist prompt injections and system prompt extractions.

5. Accessibility and Integration: The model is available through various APIs. The mini model offers low latency and a large context window of 128K tokens. It supports multiple languages and integrates seamlessly into applications. The mini-model makes advanced AI more accessible and reliable for users.

Top AI Business News

• Did you know that Anthropic and Menlo Ventures announced a $100 million Anthology Fund to invest in AI startups? The fund’s goal is to boost AI application development. The funds will focus on AI applications in healthcare, education, and scientific research.

• Microsoft has announced the AI-powered design app, Microsoft Designer, is now accessible on iOS and Android. The app release will give users an accessible platform to express their ideas on the go. You can create custom images using text prompts and more.

• There is another Google leak! Google’s upcoming Pixel 9 series has been revealed extensively. However, the Pixel 9 Pro Fold, Google’s second-generation foldable phone, remained under wraps until now. Here, we have shown the first look of the Pixel Fold Gen 2 and more.

Cool AI Trick for Creating Amazing AI Videos

With this one cool AI trick, you can start creating stunning videos with just a single prompt.

1. Visit https://flowgpt.com and sign up.

2. Click on 'Flow Studio.'

3. Choose your character and confirm.

4. Describe your story (from one line to 500 words).

5. Click 'Generate' to create your one-minute film instantly.

Featured AI Business Articles

• OpenAI allows anyone to create GPTs—customized versions of ChatGPT for specific tasks. So, we gathered a few GPTs designed with productivity in mind. These 10 GPTs are must-haves and must-use, and they will indeed boost your efficiency and creativity.

• Staying competitive demands the use of the power of cutting-edge technology to stay ahead of the ever-evolving business landscape. Click here, and we’ll show you 30+ top AI tools for startups. These tools have significantly impacted businesses throughout the year and still are.

• iOS 18 is here, packed with exciting new features that will change how you use your Apple iPhones. There is an updated control center and advanced home screen customization with many other new features. We will show you the top 5 features of iOS 18 that you need to know about.

• YouTube Music is changing how we discover songs. YouTube Music has introduced two new features you must know about. The song recognition tool allows identification by singing, humming, or playing, and the AI radio feature allows users to create custom radio stations by describing what they want to hear.

Top AI Business Tools

• Taplio: AI-driven tool for writing and scheduling personalized LinkedIn content.

• Synthesia: Create AI-generated videos with customizable avatars, language, and voice.

• Luzmo: AI chart generator for various business use cases and customer-facing analytics.

• AdCreative.ai: Change how you create and handle advertisements with AdCreative AI’s AI-powered technology.

• Aragon AI: First impression is your last impression. Generate high-quality AI headshots for professional photos at a low cost.

• SecondBrain: AI platform for creating ChatGPT-like bots with specialized knowledge about your business.

• BuzzSumo: BuzzSumo lets you enter your details to start with the world’s largest archive of social engagement data!

• PhotoRoom: Remove photo backgrounds to create transparent images for marketing use.

• Reply.io: Automate email marketing campaigns to maximize efficiency.

• Reclaim.ai: Get your precious time back with the AI-powered productivity tool for optimizing schedules.

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