10 Best AI Tools for Small Businesses

Today we have:

• 10 Best AI Tools for Small Businesses

• Nvidia Is Buying Shares of These 5 AI Companies. Should You Do the Same?

• AI Tools

• AI News

New here? Subscribe! 

💼10 Best AI Tools for Small Businesses

Artificial intelligence (AI) is revolutionizing small businesses by enabling them to accomplish more on a limited budget. Whether you're a solo entrepreneur or building a small team, these 10 AI tools can help you market your business, generate leads, reduce repetitive tasks, and free up time.

1. Munch: Munch repurposes video content by automatically creating short clips from longer videos, ideal for platforms like YouTube Shorts, TikTok, and Instagram.
   
   It starts at $40.80/month.
   

2. ChatGPT: ChatGPT, a conversational AI chatbot, can draft emails, review contracts, conduct market research, and plan social media calendars.
   
   The free version has limitations, while the Plus plan costs $20/month.
   

3. Pitch: Pitch creates presentation-ready slide decks quickly by connecting to your brand assets and using AI to generate content and design.
   
   Free for small teams, with premium options starting at $22/month.
   

4. Mem: Mem is a note-taking tool that uses AI to summarize meetings, recall information, and generate messages.
   
   It starts at $8.33/month.
   

5. Lumen5: Lumen5 turns written content into videos using a mix of uploaded media, stock images, and AI-generated voiceovers.
   
   Free plans are available, with premium options starting at $19/month.
   

6. Eleven: Eleven is a text-to-speech generator that can clone your voice for personalized audio messages and translations.
   
   Free for up to 10,000 characters/month, with premium plans starting at $5/month.
   

7. Scribe: Scribe captures screenshots and generates step-by-step guides with AI-generated descriptions, ideal for creating SOPs and training documents.
   
   Free Chrome extension available, with premium plans starting at $23/month.
   

8. Flowrite: Flowrite assists with email writing by generating full messages from brief prompts and context.
   
   Plans start at $4/month.
   

9. Rytr: Rytr is an AI content writing assistant that generates and edits business content, matching your writing style.
   
   Free for up to 10,000 characters/month, with premium plans starting at $7.50/month.
   

10. Wix AI: Wix AI builds entire websites from text prompts, including e-commerce capabilities and online scheduling.
    
    Plans start at $17/month.

These AI tools are transforming how small businesses operate, making tasks easier and more efficient. For more insights and resources on AI for business, check out our guide to the fastest-growing AI companies this year.

📈Nvidia Is Buying Shares of These 5 AI Companies. Should You Do the Same?

Nvidia, a leading AI and GPU manufacturer, has recently invested in five intriguing AI companies: SoundHound AI, Arm Holdings, Recursion Pharmaceuticals, Nano-X Imaging, and TuSimple Holdings. Here's a quick look at these investments:

• SoundHound AI: Specializes in audio and speech recognition technologies, with a nearly 100% increase in market value since Nvidia's investment.

• Arm Holdings: Designs chips for premium smartphones and other devices, boasting a 141% gain in market value.

• Recursion Pharmaceuticals: Uses AI for drug discovery but has seen a 26% decline in value.

• Nano-X Imaging: Develops digital X-ray sources and AI tools for healthcare, with a modest 8% gain.

• TuSimple Holdings: An autonomous trucking company that has faced significant losses and delisting issues, resulting in a 71% decline.

While Nvidia's investments reflect confidence in these companies, they come with varying degrees of risk and potential. Arm appears the most stable and profitable, while SoundHound shows significant growth potential. The other three are more speculative, with unique technologies that have yet to scale. Consider these factors when deciding if they fit your investment strategy.

Trending AI Tools

• Bubble - Full-stack no-code app builder powered by AI
  

• Rubbrband – Generate images in your own style, repeatably show
  

• Audioscribe – Free and open-source AI to turn voice into structured
  

• Klipy – AI powered CRM, from hello to renewal show

AI News Digest

Bumble users can now report profiles using AI-generated photos.

AI video startup Captions raised $60M in Series C funding led by Index Ventures, with participation from investors including actor Jared Leto, bringing the company’s valuation to $500M.

Elon Musk confirmed that xAI has ended discussions with Oracle on a potential $10B AI server deal and will instead build the cluster internally in Memphis, TN.

Roblox published new research on the company’s use of machine learning to combat voice abuse on the platform, utilizing a real-time safety model that led to significant decreases in severe reports and violations.

Chinese developers scramble as OpenAI blocks access in China. Meanwhile, Microsoft Azure remains accessible to Chinese vendors.