• Thursday • June 6, 2024

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    Industry News Source

    DuckDuckGo dips Into the AI chatbot pond

    The Privacy-Focused Search Engine Introduces AI Chat, a New Feature That Lets Users Choose Between Different AI Models Like GPT-3.5, Claude, Llama, and Mistral

    Because there simply aren’t enough AI-powered chatbots out there, we’re getting one more. This one, called AI Chat, comes courtesy of DuckDuckGo, the privacy-focused search engine that obviously doesn’t want to feel left behind in the AI arms race. The company has been testing AI Chat over the last few months, but as of today, it’s available to everyone.

    Unlike other standalone bots like Google’s Gemini and OpenAI’s ChatGPT that are powered by their own large language models, DuckDuckGo’s AI Chat is not. Instead, think of it as a way to access multiple chatbots in a single place. Right now, AI chat will let you choose between OpenAI’s GPT 3.5, Anthropic’s Claude 3 Haiku, Meta’s Llama 3 and Mistral’s Mistral 8x7B, and the company says that more models are coming soon. The main differences between them largely boil down to how many parameters — technical speak for the settings that a large language model can tweak to give you an answer — each one has. If you don’t like a model’s answer, you can try another one.

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  • Thursday • June 6, 2024

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    Industry News Source

    Microsoft Edge Achieves Record 13.14% In May 2024

    Microsoft Says That After a Period of Steady Decline, the Rapid Rise in Users of its Desktop Browser Showed All-Time High Figures

    When you think of leaders in today’s desktop browser market, Microsoft Edge rarely comes to mind. The competition to reach the top spot is tough when you’ve got Google Chrome involved. But the month of May 2024 proved otherwise for the software giant which managed to report record-high figures for its Edge browser users. The news comes to us thanks to intelligence from Statcounter where the latest findings put a lot of things in the spotlight.

    As per the figures from last month, it’s the Edge browser who hit the all-time high mark of 13.14%, beating out stats from the previous month by nearly 0.32 points. But, indeed, we won’t have a new leader in the browser market that overtakes Google Chrome’s massive share that it benefits from today. But one thing we can confirm is that the Android maker did lose a huge chunk of its user base last month.

  • Monday • June 3, 2024

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    The Information

    OpenAI Launches ChatGPT for Universities

    OpenAI Has a Version of its Popular Artificial Intelligence-Powered Chatbot Specifically for Universities

    ChatGPT Edu will be powered by GPT-4o, the company’s latest AI model, and will be able to understand and answer questions about both text and images. It will also be able to conduct data analysis and respond to queries across more than 50 languages. OpenAI didn’t disclose pricing for the new chatbot, but said that it will be “affordable for educational institutions.”

    Schools and universities have expressed mixed feelings about AI chatbots. While some, like an assistant professor at Arizona State University highlighted in OpenAI’s blog post, are using the technology to provide students with tailored tutoring, other educators worry that students may use it to cheat or find shortcuts to learning. The launch of ChatGPT Edu, then, could work to get the AI chatbot in the hands of young people faster, ensuring loyalty early on.

  • Thursday • May 30, 2024

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    Industry News Source

    OpenAI Partners With Vox Media And The Atlantic To Bridge ChatGPT With Journalism

    This Collaboration Will Integrate Vox Media’s Portfolio and The Atlantic’s Articles Into ChatGPT and Other OpenAI Products

    The partnership aims to enrich ChatGPT’s 100 million users with trusted journalism from Vox Media’s properties, including Vox, The Verge, Eater, New York Magazine, The Cut, Vulture, and SB Nation. The Atlantic’s articles will also be accessible within OpenAI’s platforms.

    Vox Media will leverage OpenAI’s technology for both audience-facing and internal applications, enhancing tools like The Strategist Gift Scout. Additionally, the partnership will bolster Forte, Vox Media’s first-party data platform, by improving creative optimization and audience targeting for advertisers.

    The Atlantic will collaborate with OpenAI to shape future news experiences in ChatGPT and other products. This includes developing an experimental microsite, Atlantic Labs, to explore AI’s role in journalism. Queries surfacing The Atlantic will feature attribution and links to the full articles on their website, enhancing visibility and audience engagement.

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  • Tuesday • May 28, 2024

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    Wall Street Journal

    PayPal Is Planning an Ad Business Using Data on Its Millions of Shoppers

    Payments Company Hires Uber’s Former Head of Advertising to Run a New Ad Division

    PayPal hopes to boost its growth by starting an ad network juiced with something it already owns: data on its millions of users. The digital payments company plans to build an ad sales business around the reams of data it generates from tracking the purchases as well as the broader spending behaviors of millions of consumers who use its services, which include the more socially-enabled Venmo app.

    PayPal has hired Mark Grether, who formerly led Uber’s advertising business, to lead the effort as senior vice president and general manager of its newly-created PayPal Ads division. In his new role, he will be responsible for developing new ad formats, overseeing sales and hiring staff to fill out the division, he said.

    PayPal in January introduced Advanced Offers, its first ad product, which uses AI and the company’s data to help merchants target PayPal users with discounts and other personalized promotions.

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  • Monday • May 27, 2024

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    Reuters

    Elon Musk’s xAI valued at $24 bln after fresh funding

    The funding round was backed by investors including Andreessen Horowitz and Sequoia Capital, the company said in a blog post on Sunday.

    Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet big on challengers to companies like OpenAI in the intensifying AI race. The company’s pre-money valuation was $18 billion, Musk said in a post on X, opens new tab.

    The money will be used to take xAI’s first products to market, build advanced infrastructure and accelerate research and development of future technologies, xAI said. “There will be more to announce in the coming weeks,” Musk said in another X post, in response to the announcement of the funding.

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