Coming up this week:

- OpenAI: GPT Store Launched.
- Pennsylvania: Government Using AI.
- Volkswagen: GPT In Your Car.

And much more… Learn how these unfolding narratives are shaping The Business of AI.

FEATURED STORY 🔥

OpenAI's GPT Store Unveils Custom Chatbots Marketplace

OpenAI has introduced the GPT Store, a groundbreaking platform for buying and selling specialized chatbot agents. This marketplace leverages OpenAI's popular language models, expanding the horizons for users of its paid ChatGPT Plus service. The GPT Store enables users to create and monetize an array of tools, each with unique personalities or themes. These customizable chatbots can serve diverse functions, from negotiating salaries to crafting lesson plans and developing recipes.

More than 3 million custom versions of ChatGPT have been crafted, demonstrating the platform's vast potential. OpenAI plans to feature noteworthy GPT tools weekly, fostering innovation in AI. The store's model is akin to Apple's App Store, signaling a new era in AI development accessible to a broader audience.

The GPT Store's launch, initially scheduled for November, was postponed due to internal changes at OpenAI, including a brief removal and reinstatement of CEO Sam Altman. The store, available to subscribers of ChatGPT Plus and Enterprise, also introduces a Team subscription tier, enhancing collaboration and customization for teams.

In addition to chatbots, OpenAI has made strides with Dall-E, an image generation software, though it remains unclear if the store will extend to custom image bots.

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Poll Of The Week 💗 

Last week’s poll results:

Do you think AI could actually replace 30,000 jobs at Google?

🟩🟩🟩🟩🟩🟩 Yes (6)

🟨🟨🟨🟨⬜️⬜️ No (4)

TRENDING STORIES 🔥 

Minimal Licensing Offers to Publishers by OpenAI

OpenAI proposes modest licensing deals, offering $1-5 million annually to media firms for using their articles in AI model training. This low sum challenges OpenAI's deal-making with publishers, while Apple, pursuing similar goals, proposes higher payments but seeks broader content usage rights.

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Pennsylvania Is The First State To Adopt AI In Government

The Shapiro Administration collaborates with OpenAI to launch a first-in-the-nation pilot for Commonwealth employees, utilizing generative AI in state operations. This initiative focuses on employee empowerment and safety, aiming to enhance productivity and service quality without compromising privacy or security.

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Volkswagen Is Bringing ChatGPT Into Its Cars And SUVs

Volkswagen, in collaboration with Cerence, is set to integrate ChatGPT in its car models, starting in Europe with its EV and other popular lines. This AI feature, designed to enhance in-car experiences, will assist with tasks and queries, marking a significant step in automotive AI applications.

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Image Of The Week 📷️ 

MJ Prompt: You have free reign to create a truly spectacular image that demonstrates MidJourny V6's true capability.

The detail is incredible - see the high-resolution version here.

EYE OPENING NEWS 🧠 

AI-Enhanced Apparel Shopping Experience on Amazon

Amazon integrates AI to improve online apparel shopping, offering personalized size recommendations, AI-generated fit reviews, and enhanced size charts. This AI application aims to reduce return rates by accurately matching customers with the right clothing sizes, transforming the online shopping experience.

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Perplexity Has Doubled ARR Since October To $6M

With $100 million in funding and a $520 million valuation, Perplexity AI is determined to offer concise, citation-backed answers, contrasting with existing AI alternatives. However, competing with Google presents significant hurdles.

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Duolingo's Shift to AI Leads to Contractor Reduction

Duolingo cut 10% of its contractor workforce at the end of 2023, turning to AI models like OpenAI’s GPT-4 for content production and translations. This move reflects AI's growing impact on jobs, with contractors now validating AI-generated content, signaling a major shift in language-based task management.

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AI's Threat to KYC (Know Your Customer) Security Measures

Generative AI, particularly tools like Stable Diffusion, pose a significant threat to the effectiveness of Know Your Customer (KYC) processes. These AI tools enable easy creation of convincing deepfaked ID images and videos, potentially bypassing security checks and undermining the reliability of KYC procedures.

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Alexa's Leap into Generative AI with New Experiences

Amazon's Alexa enhances user interaction with new generative AI-powered experiences. Partnering with AI companies like Character.AI, Splash, and Volley, Alexa offers diverse experiences ranging from real-time conversations with fictional characters to creating custom songs and playing interactive games, showcasing significant advancements in AI-driven virtual assistance.

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5 Tools to Boost Your Productivity

- Write scripts for your videos 10x faster with AI. Makersuite
- Generate cinematic videos and animations with text prompts. Moonvalley
- Generate quizzes from any text in one click using AI. Questgen
- Convert articles into reels. Vidiofy
- Get instant feedback on your business ideas. Venturus AI

Want your tool featured here? Hit reply and tell us a little about it 😍 

FUNDRAISING 🤑 

Quora's Poe Secures $75M Funding

The $75M investment from Andreessen Horowitz is to expand Poe, its AI chat platform. The funding, primarily aimed at supporting bot creators through a monetization program, propels Poe's growth. With millions of users and bots, Poe strives to make AI accessible and boost the mainstream adoption of AI technologies.

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PhotoRoom's Major Fundraising For AI-Driven Expansion

PhotoRoom, a Paris-based AI photo editing app, is reportedly raising $50M-$60M at a valuation of $500M-$600M. This funding will boost its popular platform, targeting e-commerce and media specialists, and reflects the growing interest and investment in AI-driven solutions in the tech market.

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Bezos Involved In $74M Investment In Perplexity

Jeff Bezos and other investors have funded Perplexity, an AI-based search startup, with $74 million, valuing it at $520 million. Perplexity, a potential Google challenger, offers direct answers rather than links, appealing to tech users and showing significant growth in visits since its launch in December 2022.

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Tab AI Raises $1.9M To Push A New Direction in Wearable AI

Avi Schiffmann's startup has raised $1.9 million for Tab AI, a wearable AI microphone necklace. Tab aims to be a 24/7 companion, offering insights and interactions by transcribing and analyzing conversations. The device, focusing on audio without a camera, represents a novel approach in personal AI technology.

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