Your weekly round-up; here are the headlines:

• ChatGPT explores the open web, providing real-time information

• Google under scrutiny for indexing Bard chatbot conversations

• OpenAI in talks for potential share sales eyes $80-90B valuation

• Archive app transforms social commerce for 1,000+ brands

• Visa pledges $100M for cutting-edge AI ventures

• Spotify explores AI-powered playlists

ChatGPT can now browse the open web

OpenAI's ChatGPT, launched in November 2022, has now transcended its knowledge limitations up to September 2021. Announcing the news on X (formerly Twitter), OpenAI revealed that ChatGPT can now browse the internet for current and authoritative information, thanks to integration with Microsoft's Bing search engine. This upgrade enhances the model's capability to provide up-to-date content with direct source links. Read the full article.

Google under fire for indexing Bard chats

Google is under scrutiny for apparent indexing of conversations with its AI chatbot in search results, raising concerns about user privacy. Whether intentional or a bug remains unclear. Search Engine Journal reports that users are being urged to exercise caution, with reports on X (formerly Twitter) indicating links to Google's Bard chatbot conversations appearing in search results, prompting privacy and data security worries.

OpenAI Is Raising Funds At A Valuation Of $80B to $90B

OpenAI is reportedly in talks to potentially sell shares, a move that could elevate the company's valuation from $29 billion to an estimated range of $80 billion to $90 billion, as per sources cited by The Wall Street Journal. Notably, employees would have the opportunity to sell their existing shares instead of the company issuing new ones. In late August, the company announced its anticipation of reaching $1 billion in revenue by 2023. Discover more…

Elevate your social commerce with AI

Introducing Archive - an app that turns social commerce into a lucrative channel for businesses. With a suite of AI tools, it helps identify your brand’s top user-generated content so you can collaborate with a larger pool of influencers, and run more effective campaigns. Already trusted by over 1,000 brands, Archive aims to boost sales and enhance profitability in social commerce. Have a gander!

Visa pledges $100M for AI startups

Visa, a prominent player in global payments, has unveiled a new initiative, allocating $100 million for generative AI ventures. This investment aims to support the development of cutting-edge generative AI technologies and applications with a focus on shaping the future of commerce and payments. Building on its legacy as an AI innovator in payments since 1993, Visa views this initiative as an extension of its commitment to driving innovation, creating value for partners and clients, and facilitating global commerce. Read the full article here.

Spotify considers innovative AI feature

Spotify is reportedly exploring the integration of AI-powered playlists, as revealed by code references found in the app. Following the successful introduction of AI-driven DJ features and support for AI-translated podcasts, the new development suggests the potential for users to create generative AI playlists using prompts. Tech investor Chris Messina discovered these additions, sharing code snippets mentioning "AI playlists" and "playlists based on your prompts." Speculation points to the possibility of these playlists being incorporated within the Blend genre, where diverse user tastes are blended to create universally enjoyable playlists.

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