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Tuesday🌈AI Highlights: OpenAI's $16M Content Deal, Perplexity's Shopping Feature, Meta's European Ray-Ban Rollout, and Mistral's New Innovations

AI Spotlight Nov 19, 2024
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Happy Tuesday! Dive into AI's Latest Buzz:

1️⃣ OpenAI pays $16M+ to Dotdash Meredith for content licensing 💡
2️⃣ Perplexity AI can shop for you now 🛒
3️⃣ Meta AI’s Ray-Ban rollout expands in Europe 🕶️
4️⃣ Mistral debuts new models and chat tools 🤖

✨ Stay tuned for more insights!

The world of AI is buzzing with exciting updates! OpenAI is making waves with a $16 million content licensing deal with Dotdash Meredith. Meanwhile, Perplexity's AI search engine takes convenience to the next level by enabling product purchases directly. Meta AI begins its European rollout of Ray-Ban Meta Glasses, offering cutting-edge AR experiences in France, Italy, Ireland, and Spain. Adding to the innovation frenzy, Mistral has unveiled new AI models and enhanced chat features. Stay tuned as we dive deeper into these transformative developments shaping the AI landscape!

1. OpenAI pays $16M+ to Dotdash Meredith for content licensing

OpenAI is paying Dotdash Meredith over $16 million annually to license its content, as revealed in IAC’s financial filings. This fixed payment excludes variable fees tied to content usage. The partnership, announced in May, supports OpenAI’s AI model training and includes collaboration on Dotdash Meredith’s ad-targeting tool, D/Cipher. This deal exemplifies OpenAI’s broader strategy, including agreements with other publishers like Axel Springer and Vox Media. The fixed payment alone marks a 14% revenue boost for Dotdash Meredith’s licensing segment, showing the growing value of AI-publisher collaborations in a rapidly evolving digital content landscape.

OpenAI Is Paying Dotdash Meredith At Least $16 Million to License Its Content
The figure is a minimum and does not include payment for the ‘variable’ component

2. Perplexity AI can shop for you now

Perplexity AI introduces "Buy with Pro", allowing Pro users in the US to purchase products directly via its AI search engine with saved shipping and billing info. This feature includes free shipping for eligible items. Non-Pro users gain access to enhanced shopping features, like AI-generated product summaries and pricing details. Perplexity is also debuting Snap to Shop, an AI-powered tool that analyzes photos to provide product insights. Additionally, merchants benefit from a new program offering insights into search trends to highlight their products. These updates showcase Perplexity's push to redefine shopping convenience and AI-powered retail tools.

Perplexity’s AI search engine can now buy products for you
“Buy with Pro” or “Buy with Prime?”

3. Meta AI’s Ray-Ban rollout expands in Europe

Meta AI is now available on Ray-Ban Meta glasses in France, Italy, Ireland, and Spain. Users can ask voice commands in French, Italian, Spanish, and English for instant answers and recommendations. This update provides a hands-free way to get real-time information, like asking for restaurant suggestions or gift ideas. The "what you see" feature is currently available in US, Canada, and Australia but will expand soon. Stay tuned for more as Meta AI continues to enhance user experience across Europe!

Meta AI Begins Roll Out on Ray-Ban Meta Glasses in France, Italy, Ireland and Spain | Meta
We’re bringing Meta AI on Ray-Ban Meta glasses to more countries across Europe.

4. Mistral debuts new models and chat tools

Mistral AI has released updates to its Le Chat chatbot, including web search with citations, a canvas tool for creating documents, and enhanced image and document analysis. The new Pixtral Large model excels at processing text and images. Mistral also launched the Mistral Large 24.11 model for better long-context understanding, useful for tasks like automation and document analysis. The company aims to deliver affordable, cutting-edge AI while expanding its offerings with models like Codestral and a new service for developers.

Mistral unveils new AI models and chat features | TechCrunch
French AI startup Mistral has released a slew of updates to its product portfolio as it looks to remain competitive in the cutthroat AI space.

The future of AI is here, and it's evolving rapidly! From OpenAI's major licensing deal to the expansion of Meta's smart glasses in Europe, these advancements highlight the incredible pace of innovation. With Perplexity's AI simplifying shopping and Mistral's new models pushing boundaries, it's clear that the AI ecosystem is brimming with possibilities. Stay connected to uncover how these breakthroughs will continue to transform industries and enrich everyday experiences. Don’t miss a beat!


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