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- 🌋 INCREDIBLE: ChatGPT Flips OpenAI's $540M Loss to $1B Win!
🌋 INCREDIBLE: ChatGPT Flips OpenAI's $540M Loss to $1B Win!
PLUS: Learn Anything With Just A Prompt
Plus: Learn Anything With Just A Prompt
Read time: 5 minutes
Happy Wednesday, Innovators! Your one-stop source for all things AI is back. Let's dive into today’s revelations!
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💵 OpenAI on Track to Earn a Cool $1 Billion!
Source: Foxbusiness
Hold on to your hats! OpenAI, the brains behind ChatGPT, is speeding towards a $1 billion revenue mark. With monthly earnings already crossing $80 million, this AI giant is the talk of the town!
Key Takeaways:
Billion-Dollar Trajectory: OpenAI is expected to rake in a stunning $1 billion in revenue over the next year, with monthly revenues already topping $80 million.
Microsoft's Golden Goose: Backed by Microsoft, OpenAI is seeing its profits soar, driven mainly by its ChatGPT tool and API services.
Subscription Success: The company started offering a $20-per-month subscription for ChatGPT, and it seems to be paying off.
Rising from Losses: Despite experiencing a $540 million loss in 2022, OpenAI has turned the tables with its GPT-4 model and ChatGPT.
Business Buzz: OpenAI recently launched ChatGPT Enterprise, aimed at businesses, and it’s already in use by over 80% of Fortune 500 companies.
Big Names Gather: OpenAI's CEO, Sam Altman, will join other tech leaders like Google's Sundar Pichai and Elon Musk at an AI forum for senators in September.
🚀 Google's Chatbot Search Zooms Into India & Japan!
Source: Google
Google is taking its AI chat-like search feature global, starting with India and Japan! Get ready for a more interactive Google Search that talks back, understands your local language, and even helps you travel smarter.
Key takeaways:
SGE Goes Global: Google's Search Generative Experience (SGE) is expanding for the first time outside the U.S., launching in India and Japan.
Chat-Like Search: SGE allows you to have a conversational interaction with Google Search, much like chatting with an AI buddy. It also supports videos, images, and local recommendations.
Voice and Language Support: In Japan, SGE will be available in the local language, while in India it will support both English and Hindi. Voice input will also be featured.
Ads Join the Chat: Google has begun to experiment with placing ads alongside its AI-generated responses to capitalize on this new interactive search space.
Source Direct: A new arrow icon will appear next to AI-generated info, directing users to the web page where the information originated.
Young Users Love It: SGE is particularly popular among users aged 18-24 who enjoy asking questions in a more conversational style.
🔥 People Are the Heartbeat of the AI World
Source: Tech Crunch
Are you ready for the future? In just nine months, the world has gone AI-mad! Investments in AI are soaring, new tech "unicorns" pop up weekly, and the buzzword of the day is "Human Squared." Dive in to find out why!
Key Takeaways:
Exuberant Times for AI: Within less than a year, investing in AI has become a must-have, creating new tech "unicorns" every week and setting the stage for a stock market rebound.
"Human Squared" Philosophy: A "people-first" approach to AI is believed to evolve us into what's being called "Human2," where technology amplifies our capabilities.
Conversational Future: Say goodbye to traditional interfaces; the future is conversational, with AI acting as teammates, co-founders, or even genies.
Trust & Safety: Harmful effects like bias and privacy issues are being scrutinized. Compliance with emerging regulations is considered paramount.
Data Privacy is Non-Negotiable: With global data regulations like GDPR and CCPA in place, companies are urged to focus on data controls, especially in the age of generative AI.
Scoring Superhuman Impact: Mayfield’s framework aims to measure the positive impact of "people-first AI," which they believe will lead to more empowered communities and a better world.
💸 Daily AI Fundraising
AI21 Labs Hits $1.4B Valuation in AI Boom! - AI21 Labs has caught the spotlight by raising a jaw-dropping $155 million, taking their total funding to $283 million.
Profound Impact's AI Platform Scores C$3.125M! - The round was backed by angel investors, nearly all of them women, according to the company.
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🎯A Prompt Helps You Learn Anything
Learning a new topic or theory is difficult, and you may not know where to start. This single ChatGPT prompt solves that for you.
Example prompt
I want to learn more about [your topic]. Identify and share the most important 20% of learnings from this topic that will help me understand 80% of it.
Detailed prompt
I want to learn more about simulation theory. Identify and share the most important 20% of learnings from this topic that will help me understand 80% of it.
Here’s what I got!
It works for me and gives me a lot to think about. What are you going to use this prompt to learn about?
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🔥A Quick Poll: AI's Impact on Your Daily Life
📊 In What Contexts Do You Usually Encounter AI?We're curious to know how Artificial Intelligence is shaping your daily routine. Take a moment to share your thoughts in this quick poll! |
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