AI🌈Tuesday Roundup: Altman Shifts OpenAI Fund, ChatGPT Updates, Bixby Resilience, Perplexity's Ad Plans"
1. Sam Altman relinquishes control of OpenAI Startup Fund, resolving unconventional corporate structure.
2. OpenAI enables ChatGPT access sans account, but with a caveat
3. Samsung confirms Bixby’s resilience.
4. Perplexity AI Search Engine ventures into ad sales.
Stay tuned for further insights!🔓
Welcome to our latest AI news roundup! Today, we're diving into intriguing developments shaping the artificial intelligence landscape. Let's delve into the details of fascinating advancements that are shaping the future of AI technology.
1. Sam Altman relinquishes control of OpenAI Startup Fund, resolving unconventional corporate structure.
OpenAI CEO Sam Altman transferred control of the firm’s corporate venture fund to Ian Hathaway. Initially, Altman led the OpenAI Startup Fund, which could have posed issues if he hadn't been reinstated as CEO. Hathaway, managing the fund, led investments in various startups. Last year, the fund saw $175 million in commitments, now holding $325 million in gross net asset value, with backing from Microsoft and others. It invests in early-stage AI-driven firms, supporting 16 startups including Descript and Ghost Autonomy. Altman's transfer secures future investments, ensuring continuity in OpenAI's venture endeavors.
Marina Temkin
2. OpenAI enables ChatGPT access sans account, but with a caveat
OpenAI unveils free access to ChatGPT without account creation, but advanced versions like GPT-4 Turbo require subscription. While GPT-3.5 can be used without an account, premium features and accurate responses necessitate account creation and payment. The move aims to democratize AI accessibility and attract more users. Despite ChatGPT's massive popularity with 1.6 billion visitors, competition from Google and Amazon is rising. OpenAI emphasizes broad AI availability and user benefits.
Livemint
3. Samsung confirms Bixby’s resilience.
Samsung is enhancing Bixby with generative AI, not replacing it, amid competition from Gemini. Exec emphasizes Bixby's role in AI evolution, hinting at a more natural and smarter assistant. Despite earlier speculation, Samsung aims to redefine Bixby's function with advanced AI, aligning with Galaxy S24's AI-centric features. The update extends to older devices for free but may involve future charges. Bixby's integration with evolving AI landscape suggests its longevity in Samsung's vision for voice assistants.
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4. Perplexity AI Search Engine ventures into ad sales.
Perplexity AI search engine plans to introduce ads within related questions, aiming for scalability and brand safety. Powered by OpenAI, it integrates various sources to provide comprehensive answers. Ad format aims for seamless integration. Challenges include proving scale, ensuring brand safety, and relevancy of sponsored content. Advertisers seek audience insights and targeting effectiveness. Perplexity emphasizes brand safety and transparency. It's crucial to balance ad integration without compromising user experience or advertiser ROI. As it expands, Perplexity prioritizes brand safety to maintain advertiser trust.
Trishla Ostwal
As we wrap up this AI news roundup, it's evident that the landscape of artificial intelligence continues to evolve at a rapid pace. From changes in leadership at OpenAI to advancements in accessibility with ChatGPT, and the ongoing development of voice assistants like Samsung's Bixby, the industry remains dynamic and full of potential. Moreover, Perplexity's venture into ad sales underscores the intersection of AI and business, presenting both opportunities and challenges ahead. Stay tuned for more updates as we navigate the ever-changing world of AI technology, and don't forget to subscribe for the latest news and insights. Thank you for joining us on this journey into the fascinating realm of artificial intelligence!
