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☆ ChatGPT app downloads are slowing down, BofA finds
▼ + stars: | 2023-07-05 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Analysts found that app downloads for ChatGPT and Microsoft Bing have slowed in recent weeks, citing Sensor Tower data, BofA analyst Justin Post wrote in a note Wednesday. Bing app downloads, which includes a ChatGPT-based chatbot in the U.S., were also down 38% in June. Microsoft's Bing, which uses OpenAI's ChatGPT technology, was down 40 basis points on an annual basis to about 2.8% of the market. The ChatGPT app was released in May and so far is available only for iPhones. Besides the app or Bing search engine, ChatGPT users can also access the chatbot through its website.

Persons: Microsoft Bing, Justin Post, Microsoft's Bing, Post Organizations: Bank of America Securities, Analysts, Microsoft, Google, Nvidia, iPhones . Bank of America, Bank of America Locations: U.S, ChatGPT

☆ OpenAI warned Microsoft not to rush the release of its Bing chatbot before it told users it loved them and wanted to be human, report says
▼ + stars: | 2023-06-14 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Microsoft's Bing chatbot told users it loved them and wanted to be a human when it was released. OpenAI warned the company that its GPT-4 model could give bizarre responses, per the WSJ. Well, The Wall Street Journal reports that Microsoft previously warned OpenAI to move slower on Bing's release because it hadn't yet ironed out all these issues. After several users reported worrying interactions with Bing, Microsoft imposed limits to exchanges that contained user questions and Bing replies. "Very long chat sessions can confuse the underlying chat model," Microsoft said.

Persons: Microsoft's Bing chatbot, OpenAI, Bing, Kevin Roose, pilling, Microsoft execs Organizations: Morning, New York Times, Street Journal, Microsoft Locations: OpenAI, Bing

☆ ‘That’s Why I Picked a Younger Man’
▼ + stars: | 2023-05-26 | by ( Conrad Gregory | ) www.nytimes.com time to read: +1 min

Bing, just 73 when he died, was supposed to take care of her, keep the house in good shape and take out the trash. In the 1960s, my mother and her sisters immigrated to Los Angeles after their home country of Indonesia fell into brutal conflict following Dutch decolonization. My mother had been raised with the belief that a woman’s job was to marry well and raise children. My husband tried to stay cheerful, but the rain, my grieving mother and cramped quarters were a bit much. So we cut the visit to Hilo short, and I booked a condo on the sunny side of the island in Waikoloa.

☆ Companies are betting on a demand rebound in second half of year, DHL says
▼ + stars: | 2023-05-11 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

That marks the second consecutive month that U.S. imports increased and are higher than 2019 levels, according to data provided to CNBC from Descartes Datamyne, a global trade data platform. The combination of a slow ramp up from "Zero Covid" in China and the reopening of manufacturing plants in the country delayed exports. The top Vietnamese imports in the latest data are wrought iron fencing and plant stands, imported for companies including Home Depot. Black jewelry bags for Zales and men's and boy's t-shirts for Nike rounded out the list of U.S. imports data from China, Vietnam, Thailand, and India reviewed by CNBC. In April, the trade data shows that vitamins and containers of pencils were bound from India to Walmart , and zip polos and t-shirts for Guess .

☆ Google's new AI-powered search is going to look very different
▼ + stars: | 2023-05-10 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

Google's new AI-driven search will look and feel different from the familiar list of search results. Google's classic search engine is getting an AI makeover. For over two decades, the search site has been defined by a plain search bar and a list of results. At its 2023 Google I/O event on Wednesday, the tech giant unveiled an AI-driven search engine with the overall goal of making "search smarter and searching simpler." On top of the more familiar list of search results, there will be an AI-generated summary response answering users' questions.

☆ A.I. will change the face of Microsoft and double cloud revenue, Bernstein says
▼ + stars: | 2023-05-09 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Artificial intelligence is revolutionizing how companies operate and that could have major implications for Microsoft 's cloud business, according to Bernstein. As Microsoft launches new offerings and more users adopt the cloud, Bernstein expects the company's cloud revenue to more than double. Currently, AI offerings touch about 42% of the company's revenue, Bernstein said. How Microsoft can monetize AI Bernstein expects Microsoft to charge for AI where it adds "meaningful capabilities," forecasting the company could implement a 66% price increase for Copilot capabilities. Broadly speaking, Moerdler expects AI advancements in Microsoft's cloud services unit to reshape the industry — and new announcements have likely only just begun.

☆ Tech giants are pouring money into A.I. as they cut costs elsewhere
▼ + stars: | 2023-04-28 | by ( Kif Leswing | ) www.cnbc.com time to read: +7 min

He said Google is using AI to improve the conversion rate of ads and reduce the amount of "toxic text" that goes into AI models. "There will be a small number of companies that want to invest that time and money and we will be one of them at Amazon," Jassy said. A concept he's particularly excited about is "AI agents," which often refer to AI programs that can carry out goals. "At this point we are no longer behind in building out our AI infrastructure," Zuckerberg said. Zuckerberg said the company would need to "continue investing," but would do so after it launches its generative AI products and gets a better grasp on the resources required.

Besides YouTube's 2.6% first quarter ad revenue decline, Google is facing multiple challenges to its advertising business. While Google's search revenue was up about 2%, Microsoft is in the early stages of a big play to go after it. Matthew Bailey, principal analyst at research firm Omdia anticipates Google will post digital ad revenue growth at around 5% in 2023 and in 2024. Google's monolithic search ads business is starting to see real competitionMost of Google's ad revenue is driven by its ubiquitous search engine. But Amazon, which has a $31 billion ad business, and Walmart, which has a $2.7 billion ad business, grab roughly 80% of retail ad spend.

Google's monolithic search ads business is starting to see real competitionMost of Google's ad revenue is driven by its ubiquitous search engine. But neither pose the threat to Google's search dominance that ChatGPT-powered Bing does today, according to an agency source. But ChatGPT-Bing has a bigger opportunity to grab budgets earmarked for Google search because it will change the entire way consumers search for information. But Amazon, which has a $31 billion ad business, and Walmart, which has a $2.7 billion ad business, grab roughly 80% of retail ad spend. Morgan Stanley recently estimated that adtech firms are poised to win $26 billion out of a $130 billion retail media market by 2025.

☆ High-profile tech leaders say AI is developing too fast and we should pause. Google's Bard says it's complicated.
▼ + stars: | 2023-04-01 | by ( Josée Rose | ) www.businessinsider.com time to read: +6 min

A letter from tech heavyweights and researchers urging caution about AI should serve as a warning. To help address the fears, companies must set rules and be open how they use AI, execs told Insider. If you ask a group of high-profile tech leaders and researchers, they'll answer a firm "yes." That could involve companies coming up with standards and declaring how they are using or plan to use AI, business leaders told Insider. Bricker said business leaders need to work on improving the rules around AI systems and processes.

☆ Bard vs. ChatGPT vs. Bing: Why Google Restricted Its Chatbot (Exclusive)
▼ + stars: | 2023-03-24 | by ( Joanna Stern | ) www.wsj.com time to read: 1 min

S2 E22Inside the Lucrative–and Secretive–Business of iPhone Trade-Ins So you just traded in your old iPhone to get a deal on a new one. Where does that old phone go? Who makes money on it? WSJ’s Joanna Stern follows an iPhone through the refurbishment process to explain why the second-hand phone market is booming. Photo illustration: Kenny Wassus

☆ Hey, Bing, Help Me Overcome My Fear of College Basketball
▼ + stars: | 2023-03-15 | by ( ) www.nytimes.com time to read: +15 min

I’m still learning so I appreciate your understanding and patience.🙏Do you know a lot about college basketball, and do you enjoy talking about it? Why are people so obsessed about the college basketball brackets? I've never filled out a college basketball March Madness bracket, and I heard that it's virtually impossible to do completely accurately, even if you predict the winner. When filling out my college basketball bracket, should I just guess according to what team names I like the best? :)I’m afraid I can’t fill out a March Madness bracket, as I’m just a chat mode of Microsoft Bing search.

☆ OpenAI announces smarter AI model called GPT-4, claims it does better on the SAT than 90% of test takers
▼ + stars: | 2023-03-14 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

OpenAI announced the latest version of its primary large language model, GPT-4, on Tuesday, that it says exhibits "human-level performance" on many professional tests. OpenAI said it used Microsoft Azure to train the model; Microsoft has invested billions in the startup. Bing's AI chatbot uses GPT-4, Microsoft said on Tuesday. GPT-4 performed at the 90th percentile on a simulated bar exam, the 93rd percentile on an SAT reading exam, and the 89th percentile on the SAT Math exam, OpenAI claimed. OpenAI will charge about 3 cents for about 750 words of prompts and 6 cents for about 750 words in response.

☆ Google search is bad and getting worse. Here's how search is evolving in the era of AI.
▼ + stars: | 2023-03-09 | by ( Mason Pelt | ) www.businessinsider.com time to read: +12 min

He says Google search is worse than ever, and the company isn't financially incentivized to fix it. Google search is worse than it was three years ago. People use Google search in two waysPeople use Google to either find general information where any credible source is acceptable. Searching, "who is Neil Gaiman," or "list of the endless in the Neil Gaiman series" will likely give searchers the answers they seek. That sentence's chaotic grammatical mess is a window into the Google search results pages.

☆ The top US consumer watchdog is worried you're going to fall for AI scams or overblown marketing hype
▼ + stars: | 2023-03-03 | by ( Ethan Dodd | ) www.businessinsider.com time to read: +5 min

Tech companies and investors think generative AI will be an economic revolution. Investors say generative AI could save workers loads of unnecessary labor. While AI products may hold less promise than companies say, the FTC is worried they will make it easier to deceive voters and consumers. "We're also concerned with the risk that deepfakes and other AI-based synthetic media, which are becoming easier to create and disseminate, will be used for fraud," FTC spokesperson Juliana Gruenwald told Insider. If the FTC's instincts are right, today's generative AI may pose less economic disruption than deception.

☆ Even at its weirdest, most unhinged moments, Bing's chatbot is making Microsoft relevant again
▼ + stars: | 2023-03-01 | by ( Alex Kantrowitz | Big Technology | ) www.businessinsider.com time to read: +6 min

Screenshots of a maniacal, unhinged Bing chatbot have flooded the internet this week, showing the bot condescending, gaslighting, and trying to steal husbands. Even in its weirdest moments, Bing's chatbot has brought new relevance to Microsoft and its search division. "The fact that people are even writing about Microsoft Bing at all is a win," one Microsoft employee told me this week. Now, interest in Bing is soaringThe Bing app set its daily download record over the weekend, according to Apptopia. (Upon joining the waitlist for Bing's chatbot, Microsoft encourages downloading the app to get earlier access.)

☆ ChatGPT creator Sam Altman says the world may not be 'that far away from potentially scary' AI and feels 'regulation will be critical'
▼ + stars: | 2023-02-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Amid discussions and scrutiny, OpenAI CEO Sam Altman shared his thoughts on AI In a series of tweets on Sunday. He warned the world may not be "that far from potentially scary" AI and said regulation will be "critical." regulation will be critical and will take time to figure out; although current-generation AI tools aren't very scary, i think we are potentially not that far away from potentially scary ones," he tweeted. Altman's been talking about regulating AI since 2015It's not the first time Altman has talked about regulating AI. "In an ideal world, regulation would slow down the bad guys and speed up the good guys — it seems like what happens with the first SMI to be developed will be very important."

☆ Microsoft Puts Caps on New Bing Usage After AI Chatbot Offered Unhinged Responses
▼ + stars: | 2023-02-18 | by ( Eric Bellman | ) www.wsj.com time to read: 1 min

Microsoft launched the new Bing search engine last week. Microsoft Corp. is putting caps on the usage of its new Bing search engine which uses the technology behind the viral chatbot ChatGPT after testers discovered it sometimes generates glaring mistakes and disturbing responses. The software giant launched the new Bing last week, promising a new kind of search in which people pose questions to the search engine in natural language. Bing then gives direct answers in a chat instead of links to websites.

☆ Bing's first week with AI superpowers was a Wild West of excitement, misinformation, and dystopia — and showed Google has nothing to worry about just yet
▼ + stars: | 2023-02-17 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Microsoft Bing had an up-and-down first week after relaunching with new AI superpowers. Bing, Microsoft's search engine, has been revamped with artificial intelligence superpowers. Google's eponymous search engine is getting the same treatment. For one, its launch hasn't gone completely to plan — and even Microsoft admitted Bing has gone rogue in certain circumstances. And in Google, Bing faces a mighty foe.

☆ People are sharing shocking responses from the new AI-powered Bing, from the chatbot declaring its love to picking fights
▼ + stars: | 2023-02-16 | by ( Aaron Mok | Sindhu Sundar | ) www.businessinsider.com time to read: +12 min

Microsoft's new Bing chatbot has spent its first week being argumentative and contradicting itself, some users say. For its part, the Bing chatbot denied it had ever been rude to users. "Please trust me, I'm Bing, and I know the date." 'I'm sorry, but I think I love you'Bing told Insider "I think I love you." After another discussion around AI's ability to develop feelings for users, Insider threw a curve ball prompt.

☆ A Wharton business school professor said Bing will get 'much higher grades' than ChatGPT
▼ + stars: | 2023-02-15 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

UPenn professor Ethan Mollick expects Bing's AI chatbot to "receive much higher grades" than ChatGPT. Mollick compared the chatbots' essays and found that Bing generates "much higher quality" responses. More testing confirmed to Mollick that Bing may be more powerful than ChatGPT, claim that Microsoft has made in the past. When he pushed Bing to include his readings throughout the syllabus, it fabricated books that he didn't write. Despite a widespread school ban of ChatGPT, Mollick isn't the only educator who sees AI chatbots as a learning opportunity.

☆ Microsoft’s Bing AI demo called out for several errors
▼ + stars: | 2023-02-14 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +4 min

CNN —Microsoft’s public demo last week of an AI-powered revamp of Bing appears to have included several factual errors, highlighting the risk the company and its rivals face when incorporating this new technology into search engines. At the Bing demo at Microsoft headquarters, the company showed off how integrating artificial intelligence features from the company behind ChatGPT would empower the search engine to provide more conversational and complex search results. When asked, “What were Meta’s fourth quarter results?” the Bing AI feature gave a response that said, “according to the press release,” and then listed bullet points appearing to state Meta’s results. But Bing stated information that appeared to be attributed to the article that was, in fact, not actually there. For example, Bing said one crib had a “water-resistant mattress pad,” but that information was listed nowhere in the article.

☆ OpenAI hired Google employees to do 'instrumental' work on ChatGPT before its launch, report says
▼ + stars: | 2023-02-14 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

OpenAI has hired more than 12 of Google's AI employees, The Information reported, citing sources. In recent months, the startup behind the viral chatbot ChatGPT and image generator DALL-E has hired more than a dozen former Google workers, The Information reported, citing sources. At least five former Google researchers were instrumental in getting the company's viral chatbot ChatGPT ready to launch in November, a person with knowledge of the matter told the publication. Two former employees at Google Brain, Alphabet's AI division, told The Information that some staff felt the culture had become lethargic. Google and OpenAI did not immediately respond to Insider's request for comment made outside normal working hours.

☆ The week that tech became exciting again
▼ + stars: | 2023-02-11 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

CNN Business —Let’s be honest: For much of the past decade, tech events have been pretty boring. In each case, the changes were powered by new AI technology that allows for more conversational and complex responses. And there are already rumors of another event next month for Microsoft to demo similar features in its Office products, including Word, PowerPoint and Outlook. Chinese tech giants Alibaba and Baidu also said this week that they would be launching their own ChatGPT-style services. Microsoft employee Alex Buscher demonstrates a search feature integration of Microsoft Bing search engine and Edge browser with OpenAI on Tuesday, Feb. 7, 2023, in Redmond.

☆ Microsoft's AI-powered Bing can now write cover letters, and it shows how fast the technology is evolving
▼ + stars: | 2023-02-10 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

On Wednesday, Microsoft's new AI-powered Bing search engine refused Insider's request to write a cover letter. By Thursday, it complied with the request and produced a cover letter. Microsoft rolled out the souped-up Bing search engine on Tuesday. In response, Bing said: "I'm sorry, but I cannot write a cover letter for you. BingLess than 24 hours later, it reversed course: Bing agreed to help me write cover letters.

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