This is MISSION, a weekly newsletter for those who donât just point out problemsâthey build solutions.
A.TEAM EVENTS
AI Hackathon: Six Teams Compete for a Prize from OpenAI
TL;DR
- A.Team is hosting a Generative AI Summit on Monday, May 8, 4:30PM - 6:45PM EDT
- Weâll be announcing the winner of last weekendâs AI Hackathon.
- Sign up here to reserve your spot for the livestream.
AI is outperforming doctors, bamboozling banks, and even nailing The Weeknd's falsetto, making it clear that artificial intelligence is about to bring on some big changesâ-no matter what industry youâre in. AI is so hot right now, that we wouldnât be surprised to find out your grandmaâs attending our Generative AI Livestream.
World Economic Forum research found that 75% of companies plan to implement AI in the next five years. OpenAI's own research suggests that 80% of US workers will see their tasks impacted by GPT, heralding a new era of productivity (and controversy).
Weâre witnessing the dawn of the 100x engineer in real time. While some workers will be replaced by AI, the best workers will be able to find ways to use AI to increase their output massively.
As the demand for AI solutions surges, experts from MIT propose that the future of generative AI will lean towards niche-specific applications, focusing on tailored solutions for industries and unique use cases, rather than adopting generalized, one-size-fits-all models. Unlike other computing mega-trends such as mobile and crypto, which gave an edge to startups starting from scratch, GenAI may benefit incumbents more than new disruptors, as they possess the most significant asset for LLMs: data.
We saw these themes play out last weekend during A.Team's first-ever Generative AI Hackathon.
Sponsored by OpenAI, Baseten, and CooleyLLP, the event gathered six A.Teams of expert AI builders to create distinctive solutions for large enterprise companies. In just two days, they produced six visionary prototypes.
The prize? $3,000 in cash, plus $2,500 in credits for OpenAI and $1,000 in credits for Baseten.
You can imagine the atmosphere when the sharpest minds in AIâbuilders, innovation advisors, and our panel of judgesâconverged for a weekend of relentless innovation.
But you donât have to imagine it. In this special edition of MISSION, we're giving you the inside scoop on each of these forward-thinking teams and the ingenious products theyâre building with Generative AI.
Our judges selected three finalists to unveil their prototypes at our Generative AI Summit livestream on Monday, before a winner is chosen. We encourage anyone interested in the future of Generative AI to join!
Without further ado, hereâs what the Hackathon teams are building:
mAI CFO: Your Personal CFO (Finalist)
mAI CFO aims to redefine the way small business owners navigate their finances by providing customized insights, financial documents, and proactive improvement suggestions based on company data. The software interface will feel as natural as speaking with an actual human CFO.
Advisor: Sebastian Gunningham, Chairman of the Board of Santander and Board member of Saks Fifth Avenue
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Thrive: A Wellness Tool for Finances
Thrive seeks to bring peace of mind and stability to personal finances, blending technology with empathy to reduce stress when making financial decisions. The system accounts for not only how the user is doing in terms of income and expenses, but also for their subjective emotional experience.
Advisor: Wagner Denuzzo, former VP of Organizational Effectiveness at Prudential and A.Team  CxO
SMRZ: The Earnings Call Recap
SMRZ offers concise and digestible takeaways from earnings calls for retail investors, tailored to various levels of financial expertise. In short order the app will include email notifications and a Twitter feed, making it intuitive to stay updated on your portfolioâs performance in an increasingly complicated market.
Advisors: Rajan Mehndiratta, ED Machine Learning Platform at JP Morgan, A.Team CxO, and Jonathan Teper, Product Lead, VP of AI/ML Products at JP Morgan
Rendr: Create Instant Floorplans (Finalist)
Rendr's "Dream Floor Plan" leverages machine learning to create floor plans based on text and simple dimensions. Bypassing time-consuming and expensive architectural consultations, Rendr is set to revolutionize the world of spatial design.
Advisor: Amir Kazmi, Chief Information and Digital Officer at WestRock and A.Team CxO
JAY: The Insurance Whisperer (Finalist)
JAY is an intelligent claims assistant for the insurance industry, designed to streamline claim processing, detect fraud signals, and identify upsell opportunities through empathetic communication and analytics. This is a game-changing function both for increasing customer satisfaction and identifying new revenue streams.
Advisor: Anu George, Client Experience Digital Transformation Leader and A.Team CxO
FindLink: A Natural Text-Based Job Post Navigator
FindLink tackles the challenge of identifying and communicating with employees within a vast enterprise company, utilizing natural language processing and OpenAI embedding. This application taps into and unlocks the hard-to-navigate HRMs systems of big companies.
Advisor: Tyler Weeks, VP of Talent Analytics at Marriott
Want to see the finalistsâ brilliant AI demos and find out who wins?
A.TEAM NEWS
A.Team Honored on Fast Companyâs List of World Changing Ideas
This week, A.Team's vision to unite the world's best product builders has been recognized with not one, but three distinctions in Fast Company's prestigious 2023 World Changing Ideas Awards!
"It is truly inspiring to be acknowledged as a finalist in Fast Company's World Changing Ideas Awards," said Raphael Ouzan, A.Team's Co-Founder and CEO. "Our ambitious vision is to redefine the landscape of innovation and product development by uniting exceptional talent from every corner of the globe, ultimately transforming the way companies make a lasting impact on the world."
This recognition demonstrates one of the key principles at A.Teamâthat teams are the key to bringing world-changing ideas to life.
The âOn the Riseâ category honors projects from companies that have been in business for less than four years, selecting for companies where employees can make a difference from the outset. The âSmall Businessâ category recognizes innovative startups with the potential to create significant impact. The âWorkplaceâ category honors projects that improve our lives in the office, increase employeesâ rights, or make work safer, smarter, or more meaningful.
As a finalist in these categories, A.Team joins an exclusive group of companies recognized for their potential to create significant positive impact on the world. These companies are celebrated for their innovative approaches to solving pressing global challenges and for their commitment to sustainability, equity, and social good.
MISSION MUST-READS
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- How Accrue Savings Disrupted BNPL
PARTING MEME