Perplexity, an AI “answer” engine startup, made headlines in July when it unveiled a revenue-sharing program, partnering initially with Fortune, Der Spiegel, Texas Tribune, and WordPress. The tech platform aims to expand its collaborations, particularly with international media outlets, by year’s end. The idea of working with publishers came before a recent wave of criticism and accusations of plagiarism from Forbes and Wired – which Shevelenko attributes to a misunderstanding of how the product works.
Source: How AI ‘answer’ engine Perplexity plans to collaborate with publishers
Apple, Nvidia and Microsoft are in talks to invest in OpenAI, maker of ChatGPT, at precisely the moment when it’s become apparent that the company will face tougher competition than ever in the burgeoning artificial-intelligence market. Much of that new competition is coming from startups that promise to undercut OpenAI’s services with ones that could be cheaper to use, and also better at certain narrow tasks.
OpenAI is in talks to raise several billion dollars in a new funding round that would value the startup behind ChatGPT above $100 billion. The new funding round would be the biggest infusion of outside capital into OpenAI since Microsoft invested around $10 billion in January 2023. Since then, an arms race has developed in Silicon Valley to build the most advanced artificial-intelligence systems in an effort to dominate an industry many say will revolutionize the economy.
Companies are “struggling” to find value in the generative artificial intelligence (Gen AI) projects they have undertaken and one-third of initiatives will end up getting abandoned, according to a recent report by analyst Gartner. “After last year’s hype, executives are impatient to see returns on Gen AI investments, yet organizations are struggling to prove and realize value.
