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For those that are new around here, this is weekly newsletter where I highlight new and innovative AI products that are worth exploring.

EDIT: Embarrassing edit because browser cache issues and article titles are a thing. 😅

Hey hey!

Happy Friday! We’re back for another issue!

In this week’s issue:

• Product of the Week

• A Lot Of AI Things Happened

• What I’m Reading

PRODUCT OF THE WEEK!

After reviewing dozens of AI-powered products, here’s my top pick!

If you’ve ever found yourself knee-deep in competitive analysis, you know it can be a tedious process. Competely, the AI-powered solution that promises to simplify and streamline this task. I recently gave it a spin, and here's why I think it's a game-changer.

First off, Competely is incredibly user-friendly. From the moment you log in, the clean interface and intuitive design make it clear that this tool is built to save you time and effort. No more sifting through endless data manually or struggling with complicated software. Competely does the heavy lifting for you, skipping a lot of the legwork typically involved with using GPT or other AI tools.

What really stands out is how efficiently it gathers and presents competitive intelligence. With just a few clicks, you can get detailed reports on your competitors, complete with insights that would take hours to compile manually. This means you can focus more on strategy and less on data collection.

Room to Grow

However, like any evolving technology, there’s always room for improvement. One area where Competely could grow is in data persistence. Currently, it offers robust analysis and insights, but having the ability to save and compare historical data over time would elevate its utility even further. Imagine tracking competitor changes and trends seamlessly over months or even years – that’s where the future potential lies.

Another aspect worth mentioning is the monetization model. Competelyoperates on a credit-based system, which might not be the most convenient for all users. Transitioning to a more straightforward subscription model could make it more accessible and less cumbersome to manage, especially for small businesses or startups.

In summary, Competely is a powerful, easy-to-use tool that can significantly reduce the workload of competitive analysis. With some enhancements in data persistence and a rethinking of its monetization strategy, it has the potential to become an indispensable asset for businesses of all sizes. If you’re looking to get ahead of the competition without the usual hassle, Competely is definitely worth checking out.

AN AI PRODUCT REPORT FEATURE

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A LOT OF AI THINGS HAPPENED

Some other notable news and product launches from this week

• .Mind the Gap: 62% of Companies Lack AI Skills to Leverage Rapid Innovation

Struggling to keep up with AI advancements? You're not alone—62% of companies admit they lack the skills to fully harness AI innovation. Get the full scoop on why this skills gap could be holding businesses back here.

• Robin AI Shakes Up M&A Contracts

Robin AI (yes, the same Robin AI that was featured here some months ago) is launching a whole slew of features revolutionizing the way mergers and acquisitions contracts are handled, making the process faster and more efficient. Curious about how this innovation is transforming the industry? Check it out here.

• Gretel AI's Startup Revolutionizes Synthetic Data

Gretel AI is making waves with its synthetic data solutions, providing a safer and more efficient way to handle sensitive information. Want to know how they're changing the game? Dive in here.

• This AI Startup Predicts Power Outages So Utilities Are Better Prepared

An AI startup is stepping up to predict power outages, helping utilities prepare and respond more effectively. Learn how this tech could keep the lights on here.

• Apple's AI Moves: Balancing Innovation and User Privacy

Apple is pushing the AI envelope while keeping user privacy front and center, influencing the entire industry. Find out more about their approach and its implications here.

• AI’s Environmental Cost Could Outweigh Sustainability Benefits

The environmental impact of AI might be greater than its sustainability benefits, raising important questions about the future of green tech. Get the details here.

Raises Recap

• GPTZero Announces $10 Million Series A Funding Round

Oh yeah, we are talking about yet another product featured here some months back! GPTZero has secured $10 million in Series A funding to push forward responsible AI adoption. Find out what this means for the future of ethical AI here.

• Egyptian Fintech Startup Sahl Raises $6 Million in Series A Funding

Sahl, an Egyptian fintech startup, has raised $6 million to expand its innovative financial solutions. See how they plan to use this funding here.

• Bengaluru-Based Startup Rampp AI Raises $500,000 in Angel Funding

Rampp AI, a startup from Bengaluru, has secured $500,000 in angel funding to fuel its AI-driven initiatives. Get the inside story here.

• Canary Technologies Raises $50M to Accelerate AI Guest Technology in Hospitality

Canary Technologies just raised $50 million to boost AI tech in the hospitality sector, aiming to enhance guest experiences. Discover their exciting plans here.

WHAT I’M STILL READING

This broad, and quite encompassing article from Bessemer Venture Partners outlines an evolving roadmap for AI infrastructure, highlighting how AI-driven changes are creating a new approach in data management and operations. The aftermath of this discussion on impacts on data infrastructure, and the emergence of new models and technologies tailored for AI applications leaves much for further thinking; What will the future look like? what aspects of these new models translate to how we are currently storing data? are there preemptive changes that can be made to facilitate taking the turn later on?

How these developments drastically improve enterprise operations/offer substantial business opportunities is yet to be seen as adoption for these new means of working are still quite recent.

Love the AI Product Report? Can’t get enough of Newsletter insights?

Here's a few other newsletters that are rock stars of their own niches!

• Launchkey! “The tech newsletter for late-career entrepreneurs, SMB owners and like-minded execs creating a career portfolio.”

• Connecting Dots! on startups, scaleups and strategy

Stay well, and until next week.

-✌🏽 Sam