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😲 OpenAI Launches Search Engine: Google Killer?

😲 OpenAI Launches Search Engine: Google Killer?

The Latest AI News

Adam Smith
July 26, 2024

In partnership with

Coming up this week:

- OpenAI: New Search Engine?!?
- Elon: AI Superclusters
- Nvidia: New AI Chips For China
- OpenAI: $5b Loss In 2024

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

FEATURED STORY 🔥

OpenAI Tests SearchGPT Prototype. Taking On Google?

OpenAI is testing a new prototype, SearchGPT, designed to improve web search by combining AI capabilities with real-time web information.

The aim is to provide quick, relevant answers to user queries, with clear links to sources. The prototype is being launched to a select group of users and publishers for feedback. The best features will be integrated into ChatGPT in the future.

SearchGPT is designed to facilitate user interaction with publishers by prominently citing and linking to them in search results. OpenAI has partnered with publishers to build this experience and continues to seek their feedback.

The company is also launching a feature for publishers to manage their appearance in SearchGPT. The prototype will be used to understand how to best engage with AI search products and assess content performance.

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TRENDING STORIES 🔥

Elon Musk Launches AI Supercluster in Memphis

Elon Musk's xAI has initiated training on the Memphis Supercluster, touted as the world's most potent AI training cluster. Located in Memphis, Tennessee, this facility features 100,000 Nvidia H100 GPUs and aims to develop the most powerful AI by December 2024.

Nvidia is developing a "B20" AI chip tailored for China, adhering to U.S. export controls. This chip, part of the Blackwell series, will be distributed with Inspur, aiming for a 2025 release. This move is to maintain Nvidia's market presence amidst tightened U.S. semiconductor export restrictions.

OpenAI, the creator of ChatGPT, might lose up to $5 billion next year, risking its financial stability. The company's high spending on AI training and staffing could deplete its funds, potentially necessitating another round of financing to stay afloat.

MJ Prompt: a luminescent water popsicle containing violet flowers on a plain golden glittery background. Credit.

EYE OPENING NEWS 🧠

Bing Introduces AI-Enhanced Search Experience

Bing has launched a new search feature that integrates generative AI to create dynamic, tailored responses to user queries. This enhancement combines traditional search results with AI-generated content, offering detailed answers and additional clickable links to improve user experience and support a healthy web ecosystem.

Adobe Enhances Illustrator and Photoshop With AI

Adobe announced significant updates to Illustrator and Photoshop, introducing new AI-powered tools to streamline design processes. These enhancements include Generative Shape Fill and improved selection capabilities, aimed at boosting productivity and precision for creative professionals across various disciplines.

Launch of Mistral NeMo: A Cutting-Edge AI Model

Mistral NeMo, a 12B AI model developed with NVIDIA, features a 128k token context and advanced multilingual capabilities. Released under Apache 2.0, it excels in reasoning and code generation, offering seamless integration and enhanced performance in diverse applications.

Senate Questions OpenAI on Safety and Whistleblower Policies

Senate Democrats and an independent have queried OpenAI CEO Sam Altman about safety standards and whistleblower treatment. They demand pre-deployment testing of new models by U.S. agencies and a commitment to allocate 20% of computing power for safety research. This follows whistleblower complaints and increased regulatory scrutiny.

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FUNDRAISING 🤑

Cohere Raises $500M, Valued at $5.5B

Generative AI startup Cohere secured $500 million, boosting its valuation to $5.5 billion. The funding, contributed by Cisco, AMD, and others, will enhance Cohere's AI development for enterprise solutions. Total funds raised by Cohere now stand at $970 million.

Commure Acquires Augmedix for $139 Million

Healthcare tech leader Commure is set to acquire AI firm Augmedix at a valuation of $139 million, enhancing its AI scribe capabilities. Augmedix shareholders will receive $2.35 per share, with the deal closing by early Q4. This acquisition marks a significant expansion in Commure's health AI offerings.

Harvey Secures $100M in Series C Funding

Harvey, an AI platform for professional services, raised $100 million in Series C funding, reaching a $1.5 billion valuation. This investment will expand its technology globally, enhancing its offerings for lawyers and other professionals.

Shaped Raises $8M for AI Personalization

Shaped, an AI platform, secured $8 million in Series A funding led by Madrona Ventures. The company, valued at $50 million, enhances e-commerce with AI-driven personalization. Shaped's technology simplifies creating tailored user experiences, boosting engagement and revenue.

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