Several developments are shaping the AI landscape. Delta Air Lines is integrating AI into its flight pricing strategy, aiming for AI to determine 20% of ticket prices by the end of 2025, using technology from Fetcherr. While Delta touts the benefits, concerns about potential 'predatory pricing' have been raised, with Senator Ruben Gallego expressing worries. In other sectors, AI is streamlining tasks for salespeople, allowing them to focus more on customer relationships, and investment firms are cautiously exploring AI in trading, balancing its potential with the need for human oversight. Professor Bing Dong will present AI research focused on improving cities at the NeurIPS conference. Meanwhile, HSBC suggests Apple needs to enhance its AI capabilities to boost hardware sales. The Dor Brothers video studio has found success using AI to create viral videos, generating over $1 million in revenue. JPMorgan Asset Management forecasts strong performance for international stocks and AI-related companies. SaaStr emphasizes the importance of data and training for effective AI, citing its own AI's success due to being trained on 18 million words of content and rigorous daily checks. Eric Schmidt, former CEO of Google, points out that electricity supply, not chip availability, may be the primary constraint on AI's growth. Finally, xAI, Elon Musk's AI company, sought to enhance Grok's coding skills to surpass Anthropic's Claude, highlighting the competitive nature of AI development and the importance of AI leaderboards.
Key Takeaways
- Delta Air Lines plans to use AI for 20% of its flight prices by the end of 2025, sparking debate about fair pricing.
- AI is helping salespeople automate tasks, freeing them to focus on customer relationships.
- Professor Bing Dong will present AI research on improving cities at the NeurIPS conference.
- Investment firms are interested in using AI in trading but remain cautious.
- HSBC believes Apple needs better AI to increase hardware sales.
- The Dor Brothers video studio uses AI to create viral videos, earning over $1 million last year.
- JPMorgan Asset Management predicts strong performance for international stocks and AI companies.
- SaaStr's AI is effective due to extensive data training and daily checks.
- Former Google CEO Eric Schmidt says electricity, not chips, is the biggest limit to AI growth.
- xAI aimed to improve Grok's coding abilities to outperform Anthropic's Claude on AI leaderboards.
Delta Airlines plans to use AI for 20% of flight prices by 2026
Delta Air Lines wants to use AI to set prices for 20% of its flights by the end of 2025. The airline is working with Fetcherr, an Israeli tech company, to make this happen. Delta's CEO says this will help them make more money. However, some people worry that this could lead to unfair pricing, where Delta charges more based on how much they think people are willing to pay. Delta says its prices are fair and follow the law.
Delta uses AI to set some airfares, faces pricing concerns
Delta Air Lines is using AI to determine the price of 3% of its tickets. The airline believes this new pricing method is 'amazingly favorable'. Delta uses Fetcherr AI, an Israel-based company, to calculate these fares. Some people worry this could lead to unfair pricing. Senator Ruben Gallego calls it 'predatory pricing'.
Delta Air Lines uses AI to guess how much you'll pay for flights
Delta Air Lines is using AI to figure out the highest price people will pay for flights. The airline plans to use AI for 20% of its ticket prices by the end of 2025. Delta says the AI pricing system is a complete change in how they price tickets. The AI technology is provided by Fetcherr, which also works with other airlines. Some worry about privacy and fairness, calling it 'predatory pricing'.
Delta to use AI for flight prices, sparking fairness debate
Delta Air Lines is switching to AI to set individual ticket prices. The airline wants AI to determine 20% of all ticket prices by the end of the year. Delta says the AI will act like a 'super analyst' to decide what each person should pay. Some experts and lawmakers worry this will be unfair and raise prices for customers. Senator Ruben Gallego calls it 'predatory pricing'.
AI helps salespeople focus on people, not busywork
AI is helping salespeople by taking care of repetitive tasks. A report says most salespeople spend only 28% of their time actually selling. AI tools can help with things like data entry and scheduling. This frees up salespeople to focus on building relationships and having real conversations. AI can also help personalize customer interactions and provide better coaching for sales teams.
AI changes B2B sales by helping salespeople focus on customers
AI is changing how B2B sales teams work by focusing on data. AI helps automate tasks and gives salespeople customer information. This allows salespeople to focus on understanding customer needs and building trust. AI tools can analyze data to find potential customers and personalize outreach. While AI improves efficiency, the human touch remains important for empathy and building relationships.
Professor Bing Dong to present AI research at NeurIPS conference
Professor Bing Dong will present his work on AI at the NeurIPS conference in San Diego. His workshop will focus on using AI to improve cities, like managing traffic and reducing pollution. He is working with experts from Harvard, Columbia, and other universities. Zixin Jiang, a Ph.D. student, will also speak about AI in cities. NeurIPS is a major conference for AI and machine learning.
AI in trading: Buy-side firms are interested but cautious
Investment firms see the potential of using AI in trading, but want more information. Hedge funds use Python to create machine learning algorithms for trading. AI can save time, but it needs to be used by people who know what they're doing. The IMF warns that AI could make markets more unstable. AI-driven trading is increasing, but firms are being careful about trusting machines with financial decisions.
HSBC says Apple needs better AI to boost hardware sales
HSBC says Apple needs more AI to sell more hardware.
How the Dor Brothers used AI to create viral videos
The Dor Brothers, a video studio, uses AI to create videos that have gained over 100 million views. Their videos, posted on YouTube and social media, use AI to create lifelike replicas of people. One video featuring AI versions of politicians got over 16 million views. The studio made over $1 million last year from commercial projects. While popular, their work has also faced criticism.
JPMorgan says international stocks and AI stocks will do well
JPMorgan Asset Management says international stocks and AI companies will likely do well in the second half of the year. International stocks have already increased by 17% this year. They believe this trend will continue, especially in Japan and India. They also think AI will be a big theme, but investors should look beyond the biggest tech companies. They suggest looking at utilities and industries that use AI to improve their work.
SaaStr's AI is great because of data, training, and daily checks
SaaStr's AI is effective because it was trained with 18 million words of SaaStr content. This includes blog posts, transcripts, interviews, and case studies. For the first 60 days, the AI was checked daily to fix errors and improve answers. Other AI companies like Harvey and Palantir also use similar methods. The key is to train the AI with the right answers and fine-tune it based on real-world use.
Former Google CEO says electricity, not chips, limits AI's growth
Eric Schmidt, former CEO of Google, says that electricity is the biggest challenge for AI. He believes having enough electricity will be more important than having enough computer chips. The U.S. may need a lot more power to support AI. Companies are trying to find ways to get more power, like restarting old power plants. AI also uses a lot of water, which could cause problems.
xAI wanted Grok to beat Anthropic's Claude in AI coding
Elon Musk's AI company, xAI, hired contractors to improve Grok's coding abilities. They wanted Grok to outperform Anthropic's Claude on a popular AI leaderboard. The contractors trained Grok on coding tasks to achieve this goal. AI leaderboards are important for attracting funding and customers. While xAI aimed for leaderboard success, there's no proof they cheated. Grok 4 ranked high in coding, but some tests showed its abilities lagged behind the hype.
Sources
- Delta Wants 20% of Flights to Have AI-Powered Dynamic Pricing by the End of 2025
- Delta Air Lines' AI determines airfares for some passengers
- Delta Air Lines is using AI to set the maximum price you’re willing to pay
- Will AI lower or raise flight prices? Delta set to rely on it for ticket costs
- Why AI Automation in Sales Won’t Replace You, but It Will Make You Better at Your Job
- Consultative selling: How AI is transforming B2B sales
- Traugott Professor of Mechanical and Aerospace Engineering Bing Dong to Present at Prestigious AI Conference
- The Rise of AI in Trading: Buy Side Keen but Cautious
- HSBC says Apple needs more AI to sell more hardware By Investing.com
- How a Video Studio Embraced A.I. and Stormed the Internet
- International stocks, AI beneficiaries are set to outperform in a complicated second half, JPMorgan Asset Management says
- Why SaaStr’s AI is So Good: Tons of Data. Tons of Training. And Daily QA.
- Ex-Google CEO: 'AI's natural limit is electricity, not chips'
- xAI sees Anthropic's Claude as the AI coding tool to beat, docs show