Top AI Tools for Business

Last update: 10 December 2024

This is a list of the top Generative AI tools that we use inside our own business, as well as see in operation across more than 60 companies. The list is of the tools we view as performing the best in this setting, as well as providing the most real value. It is not intended to be an inventory of every tool measured against every criterion, but rather what we see in real-world use across a mixture of small to large businesses in New Zealand.

Notable is the absence of open-source models and tools, of which there are many excellent options available. For most businesses, they lack the expertise and/or resource to implement and manage these themselves.

This list is revised and, where necessary, updated monthly.


Large Language Models (LLMs)

This criterion is the most heavily utilised, performing numerous core functions such as evaluation, critical feedback, synthetic research and content ideation. These are also the LLMs are also the workhorse for summarisation, thematic identification, content repurposing and copy preparation.

There are also many specific use-case tools, like Copy.ai and Jasper, however for businesses that have grasped foundational skills, the base models have proven to offer the greatest utility, flexibility and benefit.

All LLMs mentioned here are available on free and paid subscriptions, however, the free use tier for both is severely limited and not practical for meaningful use.

Best performance: Claude 3.5 Sonnet.

Claude performs significantly better than all other models currently, offering more human-like interactions and outputs. Its ability to reason, interpret images and (for coders) write code then render code live in the window using Artifacts, is exceptional. But Claude has no image generation capability or internet access when compared to ChatGPT.

Close second: ChatGPT.

The crown of best performer seems to shift between Claude and ChatGPT with each update, however, ChatGPT makes mention due to its native [voice] audio, image generation ability and internet access. ChatGPT also allows individuals and businesses to create Custom GPTs, which Claude addresses with Projects, but Custom GPTs are more accessible for many users.

Best for business: Chat GPT.

Chat GPT is best suited to business, specifically using the Team Workspace license model. This license model gives businesses centralised control of their subscription costs, access management controls, and the ability to create business-specific custom GPTs. This effective management control, especially the management of IP created via Custom GPTs, is critical in business. When also combined with the added benefit of image generation and internet access, Chat GPT makes the most sense.


Image Generation

There was a clear winner for this category, but many notable mentions for specific use cases, which are typically used on free usage tiers but business.

Winner: Midjourney.

Hands down the best image generator, especially for photo-realistic output. Midjourney continues to be the gold standard however, like all AI models, suffers from bias – which needs to be actively managed through awareness and training. Important notes: Midjourney-generated images for commercial use require a paid tier license, starting at USD$9.

Close second: Flux

Flux appeared from nowhere in August and instantly took out the second spot. It is a great all-rounder, with strong prompt adherence and text capabilities, showing a lot of potential. The model is offered via many services, some paid some free.

Notable Mention

Recraft for its great image quality, in particular it’s ability to follow directions closely and reliably handle text. It is clearly aimed toward graphic designers.

Video Generation

Winner: Kling 

Note: Whilst SORA has now been released and shows promise, it is not fully available or being used to evaluate.

After extensive testing and investment in AI video tools, the top three generators are Kling, Minimax, and Runway. Here’s a quick comparison of their strengths and weaknesses:

  • Kling:
    Best for animation quality and features like lip sync and motion brush. It excels at dynamic motions but sometimes produces artefacts, especially during large movements. Colours are bold and saturated, making it great for fire and fantasy elements. However, it’s the slowest of the three.
  • Minimax:
    The best for prompt accuracy, facial expressions, and natural motion. Its cinematic, muted colours look professional, and it handles complex prompts well, including multi-character scenes and camera movements. Faster than Kling, though it lacks lip sync and motion brush features.
  • Runway:
    Fastest for video generation, especially with Turbo Mode, but falls short in prompt adherence and animation quality. Videos often have a slow-motion, CGI-like appearance with bright, saturated colours. New features like camera control are promising but can make videos look static.

Verdict:

    • Best Overall: Kling for features and quality.
    • Best Prompt Control: Minimax for flexibility and realism.
    • Fastest: Runway, though animations are less impressive.

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Image Editing

This category is specific to images the business already has, which they wish to edit, modify and or otherwise manipulate using Generative AI.

Clear winner: Photoshop.

Adobe has incorporated many Generative AI features into Photoshop, which is already established as the gold standard for image editing, making it hard to beat. Already in use by many businesses, it has become the default for serious image editors.

Also worth mentioning: Midjourney and Recraft

Midjourney and Recraft recently introduced the ability to upload and edit/in-paint/out-paint images. While not on par with Photoshop, they offer tremendous creative flexibility and options.


Presentation Generation

We have not found anyone who has cracked this category. Numerous tools address this category, however none to date have given great performance.

Worth a look: Beautiful AI, Tome and Gamma.

All three generate reasonable base presentation, but with limited direction and/or control, with most requiring paid access after very few uses.


Audio

We see this category being used mostly for royalty-free background audio and automated voice generation from existing content. This saves many businesses a lot of money from sound bank subscriptions and voice-over/actor services for lower-value projects. We have also seen some great examples of guerilla-style Social Media campaigns with tremendous success.

Music Generation

Winner – a tie! Udio and Suno

Both are currently on the receiving end of legal challenges, but both produce the best music across the board. The genre and vocal styles are impressive and are impossible to distinguish from human-generated music! Most businesses use the free tier, which is also royalty-free, and find they do not reach the volumes requiring a paid license.

Voice and Sound Effect Generation

Winner: ElevenLabs.

Widely regarded as the best in voice generation, translation to other languages retaining the original narrator’s voice, and sound effect generation. ElevenLabs maintain its crown and powers many high-profile initiatives, such as the personalised recaps that were offered during the 2024 Olympics.


Podcast/Video Editing

This category is specific to editing video or audio podcasts which have already been recorded, not the management of creating them. There were three winners here, each for specific reasons.

Best Editor: Descript.

Descript allows the user to upload content and then edit it as if editing a Word document, i.e. removing gaps, words and/or sections. It also has a Generative AI feature on paid plans, but the businesses canvassed, all used the free tier which accommodated their monthly requirements.

Best Audio Improver: Adobe Podcast.

An entirely free service, offered by Adobe, which does one thing extremely well: improve audio quality. A lot of audio is recorded under less-than-ideal conditions, or on sub-par microphones. Adobe Podcast normalises and corrects audio, making it sound as if professionally recorded in a studio.

Best for Generating Social Media Content from Video: Opus Clip.

Opus Clip excels at taking existing video, intelligently processing the audio and then identifying ‘click-worthy’ short edits for social media. It is very effective at generating Mr Beast styled, captioned, short-format videos and does a great job. Most businesses use the free tier, however, this does limit the amount of video that can uploaded and watermarks the output.


Meeting Productivity

This is a crowded category, with numerous applications including recording and transcription. We have found that one platform stands head and shoulders above the rest for its use of Generative AI.

Winner: Otter AI.

Like most of the others in this category, Otter can join meetings, has scheduling integration and collaboration tools, but its super-power is insight. Otter sets itself apart by being excellent at post-meeting interrogation and evaluation. You can chat to Otter to ask things like ‘who spoke the most’, ‘how receptive was the client’ and the very powerful ‘how could I have run this meeting better’. Numerous businesses have found this to be of significant value from a staff development and ongoing development perspective.

 

 

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About Author

 

Located in Auckland, New Zealand, AI Innovisory is your strategic partner in navigating the complex landscape of AI and its transformative impact on businesses. We are not an AI solution provider but a dedicated AI consulting firm that empowers businesses to harness the power of AI in innovative and strategic ways.

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