• Tuesday • May 7, 2024

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    Industry News Source

    New AI search engine Upend emerges from stealth, powered by 100 LLMs

    As Google and Microsoft Revamp Their Search Engines Smaller Players Are Going in All to Challenge Them With Their AI-First Offerings

    Upend, a Canadian startup that has just emerged from stealth to empower students and professionals with gen AI search driven by some of the best large language models (LLMs) out there.

    Upend started out as a summer project by Jeevan Arora from the University of Toronto School. After a positive initial response, he evolved it into a full-fledged platform that enterprise teams can sign up for. It works very much like Perplexity, which many believe currently leads the space when it comes to AI search (with 169 million monthly queries).

    “My goal is to make advanced gen AI models more affordable, thereby democratizing access and ensuring everyone can harness the tools of tomorrow,” the CEO noted in a statement.

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  • Tuesday • May 7, 2024

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    Bloomberg

    OpenAI Is Readying a Search Product to Rival Google, Perplexity

    The Feature Would Let ChatGPT Users Search the Web and Cite Sources in its Results

    OpenAI is developing a feature for ChatGPT that can search the web and cite sources in its results, according to a person familiar with the matter, potentially competing head on with Alphabet Inc.’s Google and AI search startup Perplexity.

    The feature would allow users to ask ChatGPT a question and receive answers that use details from the web with citations to sources such as Wikipedia entries and blog posts, according to the person, who asked to remain anonymous discussing private information. One version of the product also uses images alongside written responses to questions, when they’re relevant. If a user asked ChatGPT how to change a doorknob, for instance, the results might include a diagram to illustrate the task, the person said.

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  • Tuesday • April 30, 2024

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    The Verge

    The Arc browser arrives on Windows to take on Chrome and Edge

    Arc on Windows Also Represents an Important Milestone in Getting Apple’s Swift Apps Running on Microsoft’s OS

    The excellent Arc browser that’s been impressing macOS and iOS users over the past couple of years is finally making its way to Windows today. Arc is designed to change the way you use a browser in many fundamental ways, with a collapsible sidebar that combines vertical tabs and bookmarks into an app switcher-like experience, a command bar for navigation, and useful tools to help you browse the web.

    The company behind Arc, aptly named The Browser Company, is betting on its browser being different enough to entice Windows users away from Chrome and Edge. “Arc really is just calming and keeps you organized,” says Hursh Agrawal, co-founder of The Browser Company, in an interview with The Verge. “It helps you handle your tasks during the day better.”

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  • Tuesday • April 23, 2024

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    Bloomberg

    AI Search Startup Perplexity Valued at $1 Billion in Funding Round

    Perplexity’s Valuation Has Doubled in Three Months in a Clear Sign of Investor Enthusiasm

    Perplexity AI, a startup using artificial intelligence to build a search engine to compete with Alphabet Inc.’s Google, has raised about $63 million in a new funding round that values the company at more than $1 billion.

    The financing, set to be announced on Tuesday, doubles Perplexity’s valuation from just three months ago. Investor Daniel Gross led the round with participation from billionaire Stanley Druckenmiller, Y Combinator Chief Executive Officer Garry Tan and Figma Inc. CEO Dylan Field. Several earlier Perplexity backers, including Amazon.com Inc. founder Jeff Bezos and Nvidia Corp. also joined the round. The Wall Street Journal previously reported Perplexity was in funding talks.

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  • Saturday • April 13, 2024

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    Axios

    Google who? Gen Z is searching on TikTok, YouTube instead

    Gen Z is Turning Toward Social Media as a Search Engine, Seeking Quick, Relatable Answers Amid Dissatisfaction with Google’s Results

    Why it matters: Young internet users’ behavior marks a clear departure from that of millennials, who came of age in a golden era of online search and take pride in their “Google-fu,” the art of searching like a pro. It’s also a headache for Google, a nearly $2 trillion company that’s still heavily reliant on ad revenue tied to search results.

    Driving the news: 46% of those ages 18-24 start their information quests by searching on Google, per data shared exclusively with Axios from YPulse, a youth research firm.That’s compared with 58% of those ages 25-39. 21% of 18- to 24-year-olds start with TikTok, while 5% start on YouTube

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  • Wednesday • April 10, 2024

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    Industry News Source

    eBay Personalizes Shopping Powered By AI

    The Fashion Industry Has Just Become More Personal

    eBay introduced a generative AI (GAI) experience for shoppers with recommendations on style that evolves with the taste of the customer by taking cues from their shopping habits. The personalized service aims to reimagine online shopping as an “immersive, personal and you” experience.

    Shop the look, powered by eBay.ai, launches Wednesday. The feature curates fashion styles and offers a new type of shopping experience based on the first-party data the consumer shares each time they visit the site.It relies on generative AI (GAI) and evolves with the tastes of the customer by taking cues from their shopping habits. It creates a personalized service for style and recommendations.

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