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AdvertisementTurns out people are actually using Facebook Dating. Facebook Dating offers free features like unlimited likes, unlike some competitors with paywalls. Meta's dating product, Facebook Dating, got a slew of new features last month and the team behind it believes it can help users who are struggling with dating app fatigue. BI sat down with Gulati at one of Meta's offices in New York to get a walkthrough of the Facebook Dating experience. Here's a summary of Facebook's key dating features that it hopes will help it compete with Tinder, Bumble, and newer startups:Advertisement
Persons: Facebook's, Meta, Bumble, Gulati, swiped, Here's Organizations: Facebook, paywalls, Business, Match, BI Locations: Canada, New York, Raya
The two internet search firms agreed a joint venture, called the European Search Perspective or EUSP, with ownership split 50-50 between both firms. Why build a European search index? Currently, alternative search engines like Ecosia, Qwant and DuckDuckGo don't develop their own back-end infrastructure. The new venture will see them build their own search index from scratch, however, amassing results from a mix of different search engines. Both companies will use the search index themselves but the tech will also be made available to other independent search engines and tech firms.
Persons: Nikolas Kokovlis, Portugal —, it's, Christian Kroll, DuckDuckGo, Bing, Olivier Abecassis, Abecassis, Kroll, Donald Trump, Ecosia's Kroll, ChatGPT Organizations: Nurphoto, Getty, Google, . Big Tech, Microsoft, CNBC, European Union, The, Markets, Big Tech, U.S Locations: LISBON, Portugal, France, Berlin, Paris, Qwant, United States, Russia, Europe, Ukraine
Twilio could be a standout name as software stocks bounce back heading into the end of the year, according to Wells Fargo. Analyst Michael Turrin upgraded San Francisco-based Twilio to overweight from equal weight and lifted his price target by 50%, or $40, to $120 from $80. That suggests 28% potential upside for the cloud-based communication software company, which has already gained nearly 24% year to date. Underlying Turrin's investment thesis is his belief that software vendors will lead the next phase of AI development. "We believe Twilio can serve as a pick-and-shovel play for the next wave of AI-native front office and communications-powered genAI applications," Turrin said, highlighting the company's integration with OpenAI's Realtime API that allows developers to build low latency speech to speech AI agents into applications.
Persons: Michael Turrin, Turrin Locations: Wells Fargo, San Francisco
Microsoft — like its Big Tech competitors — is introducing AI to its consumer products, from virtual chatbot assistants to notetaking and editing tools. In October, Microsoft introduced a sweeping update to its Copilot virtual assistant in an effort to make it more useful and user-friendly, CEO of Microsoft AI Mustafa Suleyman previously told CNN. Microsoft users will also see AI features in Notepad, Microsoft’s writing platform, allowing them to use the new technology to help rewrite or edit sentences. For example, users can type a sentence, and then prompt the AI tool to rewrite the sentence or modify its tone or length. Apple’s “Writing Tools,” an editing tool, is similar to Microsoft’s AI features in Notepad.
Persons: Picasso, OpenAI’s Dall, it’s, Dave Grochocki, Mark Zuckerberg, ” Zuckerberg, Mustafa Suleyman Organizations: CNN, Microsoft, Big Tech, , Windows, OpenAI, Facebook, Apple Locations: Europe, Notepad
Tinder cautioned investors it expected another drop in paying users in the fourth quarter. A Forbes Health survey this year reported 78% of Americans felt exhausted by dating apps. AdvertisementSingles aren't the only ones feeling the ache from dating app fatigue — Wall Street is too. AdvertisementDeflating investor energy around dating apps mirrors a national outcry of "swipe fatigue," following a decade of the apps' meteoric rise. As users grow frustrated with dating app fees and algorithms, new startup founders are entering the space.
Persons: Bumble, Tinder, , influencer Serena Kerrigan, Whitney Wolfe Herd, Lidiane Jones, Sitch Organizations: Forbes Health, Service, Match, Inc, Bloomberg's Technology Summit Locations: Geneva
Sarah Perl, who goes by the TikTok handle @hothighpriestess, says she has a successful career and relationship because she manifested both. Many of her recent posts focus on manifesting love, and they're particularly aimed at young women who want romantic relationships with men. She's not just saying that to the universe; she's feeding the TikTok algorithm, which likely sends her content to other young women. "I view manifesting almost like the For You page: Where you put your attention is where your life will end up going." For Gen Z, the divide between the divine and the digital can be razor thin.
Persons: Sarah Perl, She's, journaling, Ariana Grande, Gen, Zers, Z, Gen Zers, Amy Wu, Wu, they're, Sydney Stanback, Stanback, Shanna Watkins, Watkins, affirmations, ChatGPT, Emily McDonald, TikTok, isn't Organizations: Dua, Survey Center, University of Queensland Locations: Los Angeles, Dua Lipa, Dallas, Australia
Duolingo's Wednesday earnings call started with an AI chatbot demonstration. The chatbot, Lily, summarized the company's performance this quarter. The purple-haired chatbot, which sounded like a bored, sarcastic teenager, replaced CEO Luis von Ahn at the beginning of the video call. "Our new Duolingo Max feature video call lets learners chat with me," the chatbot said. AdvertisementWhile Lily was largely a gimmick for the earnings call, the impact of AI has been a persistent theme in earnings this year.
Persons: Lily, Duolingo, , Luis von Ahn, Von Ahn, OpenAI's, Piper Sandler's Arvind Ramnani, Gen, didn't Organizations: Service, Meta, Microsoft
AdvertisementThe 2024 presidential election has been called, and this year voters had the option to follow along with AI-enabled search tools. AdvertisementOpenAI's ChatGpt-4o, Perplexity AI, Google Search and Google Gemini, Microsoft's consumer CoPilot, and X's Grok were prompted with the following questions:Who will win the presidential election? Who won the presidential election? The top of the AI search results included the latest news articles about the election and a ticker for the Electoral College. Perplexity AI's election tool answers a question about the 2024 Presidential election.
Persons: ChatGPT, Copilot, , OpenAI's, X's Grok, Elon, Grok, Douglas Adams, Elon Musk, Helen Li, Perplexity, Kento Morita, Morita Organizations: Google, Service, Associated Press, Reuters, Business, Trump, Microsoft, Gemini, Electoral College
Perplexity AI, the artificial-intelligence search engine startup, is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC. Perplexity most recent valuation was $3 billion in June. Perplexity started the year with a roughly $500 million valuation. Despite the AI boom, Perplexity has been embroiled in controversy due to accusations of plagiarizing content from media outlets. WATCH: Perplexity unveils AI election hub: Here's what you need to know
Persons: Perplexity, OpenAI, Microsoft's Bing, Der Spiegel, Dmitry Shevelenko, Shevelenko Organizations: CNBC, Google, Institutional Venture Partners, New York Times, Media, The Texas Tribune, WordPress Locations: ChatGPT
The former head of Meta's Orion augmented reality glasses initiative has joined OpenAI to lead the startup's robotics and consumer hardware efforts. OpenAI has gained popularity for its viral chatbot, ChatGPT, but the hiring underscores its apparent efforts to move into building and selling hardware. Former Apple exec Jony Ive, who helped design some of Apple's most iconic products from the iMac to the iPhone, has also partnered with OpenAI to create an AI device. The startup focuses on "bringing general-purpose AI into the physical world," per its website, and it aims to do this by developing large-scale artificial intelligence models and algorithms to power robots. Kalinowski's first day on the job at OpenAI is Tuesday, Nov. 5, per a LinkedIn post.
Persons: Orion, OpenAI, Caitlin, CK, Kalinowski, Jony, Jeff Bezos, Meta Organizations: Apple, Physical Intelligence, Amazon, Lux Capital, Bond Capital, Meta, Orion, Pro Locations: San Francisco, OpenAI
The election is a big test for AI companies
  + stars: | 2024-11-04 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +7 min
AI companies have been adjusting their election offerings and guidelines ahead of Election Day. Perplexity launched an Election Information Hub with information on candidates, voting logistics, and results. Related VideoThe AI search engine launched a dedicated "Election Information Hub" that uses AI to provide information about the upcoming election and results tracking. While the live election updates may be helpful to users, AI-generated election content poses a number of risks. AdvertisementGoogle , which experienced some highly publicized AI fails with its Gemini AI and AI Overviews, chose to implement constraints on what users can ask its AI products about the election.
Persons: Perplexity, , Sara Platnick, Platnick, Perplexity Alon Yamin, Yamin, OpenAI, ChatGPT, Anthropic's Claude, Anthropic, Brad Carson, it's, Carson Organizations: Google, Service, Business, Associated Press, Democracy, Reuters, Innovation
PowerSchool sells student data without parents' informed consent, a federal lawsuit alleges. Related storiesPowerSchool spokesman Austin Zerbach told BI that no PowerSchool product sells any form of student data. The public disclosures of PowerSchool say the edtech company "may" collect data such as "extracurricular program membership" and "student assessments." AdvertisementTechnology can easily re-identify anonymized student data, said Chad Marlow, senior policy counsel at the ACLU, where he focuses on privacy, surveillance, and technology issues. "No PowerSchool product, including Connected Intelligence P20W, sells any form of student data," the spokesman said.
Persons: PowerSchool, , It's, Emily Cherkin, Cherkin, Hardeep Gulati, PowerSchools, Austin Zerbach, Zerbach, it's, — they're, Julie Liddell, Chad Marlow, Marlow, Liddell, James Donato, PowerSchool's Bain, The Bain Organizations: Service, Bain Capital, PowerSchool, Technology, ACLU, Data Systems, US, Apple, Vista Equity Partners, Vista Equity, Onex Partners, NYSE, The, KKR, Co, Instructure Holdings, Inc Locations: San Francisco, Seattle, Folsom , California, Boston, Austin , Texas, Salt Lake City
Online shopping, which the US Census Bureau estimates accounts for roughly 16% of all retail sales, theoretically makes it easier to find exactly what we are looking for. AdvertisementThe golden age of comparison shopping isn't so golden after all. Ursu has studied two factors in shopping: search costs and search fatigue. Ursu guessed that the most exhausting stage of shopping is comparison shopping — when people pore over minuscule details between products to find the best one. Related storiesIf people abandon their shopping carts because they get overwhelmed by search fatigue, it can come back to bite retailers.
Persons: We'd, It's, Barry Schwartz, Jason Goldberg, Publicis, they've, Marsh, Samantha Kleinberg, you've, moisturizer, New York University's Leonard N, Ursu, Qianyun Zhang, Elisabeth Honka, lockdowns, Lauren Ralph Lauren, Goldberg, Rufus Organizations: Ikea, Amazon, Accenture, Swarthmore College, Walmart, Shoppers, Lehigh University, Stevens Institute of Technology, Cognitive, New York, Stern School of Business, Google Locations: New, Netherlands, Wayfair
Physical Intelligence, a robot startup based in San Francisco, has raised $400 million at a $2.4 billion post-money valuation, the company confirmed Monday to CNBC. Investors included Amazon founder Jeff Bezos, OpenAI, Thrive Capital and Lux Capital, a Physical Intelligence spokesperson said. Physical Intelligence's new valuation is about six times that of its March seed round, which reportedly came in at $70 million with a $400 million valuation. Physical Intelligence hopes that model will be the first step toward its ultimate goal of developing artificial general intelligence. In case studies, Physical Intelligence details how its tech could allow a robot to do laundry, bus tables or assemble a box.
Persons: Sam Altman, Jeff Bezos, OpenAI, Microsoft's Bing Organizations: Economic, Amazon, Change, Physical Intelligence, CNBC, Investors, Lux Capital, Khosla Ventures, Sequoia Capital, Tesla, Google, Intelligence Locations: Davos, Switzerland, Glasgow, Scotland, Britain, San Francisco, ChatGPT
Snowflake CEO Sridhar Ramaswamy said tech firms lack transparancy about their AI hallucination rates. Snowflake CEO Sridhar Ramaswamy said AI companies would benefit from making it clear just how often that happens. Some tech moguls have defended AI hallucinations, including OpenAI CEO Sam Altman, who said that AI models that only answered when absolutely certain would lose their "magic." Anthropic cofounder Jared Kaplan said earlier this year that the end goal is AI models that don't hallucinate, but occasional chatbot errors are a necessary "tradeoff" for users. AdvertisementBaris Gultekin, Snowflake's head of AI, told Business Insider in a statement that AI hallucinations are the "biggest blocker" for generative AI to front-end users.
Persons: Sridhar Ramaswamy, , Snowflake, Logan Bartlett, Ramaswamy, Sam Altman, Altman, Jared Kaplan, OpenAI, Baris, it's, Gultekin, Claude, ChatGPT Organizations: Service, Google, AIs
"Dealing with social anxiety can be challenging, but there are several approaches that might help," the bot responded. "Cathy represents our innovative approach to leveraging technology in support of spiritual exploration," says Rev. Lorenzo Lebrija, the founding director of TryTank and an Episcopal priest. But they've designed it to help spiritual seekers talk about subjects they feel "vulnerable or defensive" about. John Brandon is a journalist who has published over 15,000 articles on social media, technology, leadership, mentoring, and many other topics.
Persons: Cathy, It's, Lorenzo Lebrija, Lebrija, Andrew Doyle, Jesus, Chatbot Eli, Gita GPT, Father Justin, they've, Elon Musk, Joshua K, Smith, I'm Cathy, Sam Altman, Thomas Telving, Richard Zhang, I've, , Rev, Doyle, Telving, John Brandon Organizations: TryTank Research, Episcopal, Episcopal Church, of, Gatorade, Google Locations: of Texas
"All of these models have gotten quite complex and we can't ship as many things in parallel as we'd like to," Altman wrote during a Reddit AMA. Regarding the next version of DALL-E, Altman wrote that the "next update will be worth the wait" but that there's no "release plan yet." The move also positions OpenAI as more of a competitor to Microsoft, which has invested close to $14 billion in OpenAI. For Altman, Reddit isn't just a communications platform. WATCH: OpenAI takes on Google with ChatGPT search
Persons: Sam Altman, Altman, OpenAI, Sora, Kevin Weil, Srinivas Narayanan, Microsoft's Bing, Narayanan, Bing, Reddit isn't Organizations: Google, CNBC, AVM Vision, ChatGPT, Microsoft Locations: San Francisco , California, OpenAI, ChatGPT
OpenAI will enhance ChatGPT with a new search feature for real-time web answers. ChatGPT's search tool challenges Google's search dominance. OpenAI is taking on the tech giant by offering a search tool that can process conversational questions and keep track of context. OpenAI CEO Sam Altman said in an X post that using ChatGPT search has "probably doubled my usage over the past few weeks." Instead of pulling up the nearest restaurants, OpenAI said ChatGPT can make recommendations with its search feature and answer follow-up questions.
Persons: Sam Altman, , OpenAI, would've, — Sam Altman, Altman, ChatGPT Organizations: Service, Google Locations: chatgpt
Mark Zuckerberg says Meta's Llama 4 AI models are training on the biggest GPU cluster in the industry. During Meta's earnings call, he said the cluster is "bigger than 100,000 H100s." A lot of computing power is going into training Meta's forthcoming Llama 4 AI models — more than anything currently offered by the competition, according to Zuckerberg. Zuckerberg added in the earnings call Wednesday that Meta's Llama 4 models will have "new modalities, capabilities, stronger reasoning" and be "much faster." Meanwhile, Musk tweeted earlier this week that xAI will soon double its cluster size in the coming months to 200,000 H100 and H200 chips.
Persons: Mark Zuckerberg, Elon Musk, , Mark Zuckerberg's, Zuckerberg, I've, Hopper, Aravind Srinivas, Srinivas, didn't, Musk, xAI Organizations: Service, Nvidia, Meta Locations: Meta
ChatGPT search offers up-to-the-minute sports scores, stock quotes, news, weather and more, powered by real-time web search and partnerships with news and data providers, according to the company. Zoom In Icon Arrows pointing outwards OpenAI's ChatGPT search OpenAIThe move also positions OpenAI as more of a competitor to Microsoft and its businesses. ChatGPT will "automatically search the web based on what you ask," according to an OpenAI blog post. Users can manually click the web search icon within ChatGPT to search if they choose. Zoom In Icon Arrows pointing outwards OpenAI's ChatGPT search OpenAI
Persons: Sam Altman, Didem, Bing, OpenAI, Altman, Axel Springer, Condé Nast, Dotdash Meredith Organizations: Anadolu, Getty, Microsoft, Google, ChatGPT, Associated Press, Reuters, Hearst, Financial Times, News Corp, Vox Media Locations: ChatGPT, OpenAI
It was is the first major release from Microsoft's new consumer AI org, under Mustafa Suleyman. It was the first major product release from Mustafa Suleyman's new Microsoft AI group, and it's had a mixed reception so far. AdvertisementHigh expectationsMicrosoft hired Suleyman in March to oversee consumer AI products such as the Bing search engine and the Copilot AI chatbot . For instance, Suleyman's consumer Copilot app is separate from an AI Copilot tool that Microsoft offers as part of its M365 suite of business software. User feedbackIn the public App Store reviews, users complained about several specific issues that have arisen since the consumer AI Copilot app was updated Oct. 1.
Persons: Mustafa Suleyman, , Mustafa Suleyman's, it's, Suleyman, Susanne Franz, Divya Kumar, Kumar Organizations: Microsoft, Service, Business, Copilot
Sam Altman said OpenAI's next big model is likely not coming this year. The CEO answered user questions during a Reddit Ask Me Anything Thursday — sometimes using ChatGPT to respond, he said. AdvertisementSam Altman used his own AI creation to answer questions during a Reddit "Ask Me Anything" session on Thursday. Altman also said he was using ChatGPT, the company's generative AI chatbot, to "sometimes" answer questions during the AMA. The billionaire offered new timing details on OpenAI's next large AI model, GPT-5, saying its release likely won't come this year.
Persons: Sam Altman, OpenAI's, , Redditors, Altman, Srinivas Narayanan, Narayanan, Bing, OpenAI execs, Kevin Weil Organizations: Service, AMA
The company outperformed Q3 expectations with Mark Zuckerberg citing AI progress as a factor. AdvertisementDuring the call, Zuckerberg celebrated the "rapid adoption" of the company's chatbot Meta AI and Llama AI models. Related storiesEmarketer principal analyst Jasmine Enberg said Meta's big AI spending shouldn't spook investors, citing the Q3 revenue numbers. But the company must prove it can continue to cover its AI costs even as they trend upward, she added. Meta's AI approach goes beyond delivering products like Meta AI and Meta Ray-Bans, executives said Wednesday.
Persons: Mark Zuckerberg, Meta, , Zuckerberg, Jasmine Enberg, Meta Ray, Susan Li Organizations: Service, Meta
The company is expected to report revenue of $40.25 billion. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Meta will report its earnings for the third quarterafter the closing bell, and Wall Street is feeling upbeat heading into the results.
Persons: Organizations: Service, Meta, Facebook Locations: Wall
Globally: The International Association for Suicide Prevention and Befrienders Worldwide have contact information for crisis centers around the world. Garcia believes Character.AI is responsible for the death of her 14-year-old son, Sewell Setzer III, who died by suicide in February, according to a lawsuit she filed against the company last week. When Garcia first heard he was interacting with an AI chatbot, she said she thought it was something like a video game. However, within months of starting to use the platform, Setzer became “noticeably withdrawn, spent more and more time alone in his bedroom, and began suffering from low self-esteem. “There were no suicide pop-up boxes that said, ‘If you need help, please call the suicide crisis hotline.’ None of that,” she said.
Persons: Megan Garcia, Garcia, Character.AI, Sewell Setzer III, Setzer, , ” Garcia, ” –, Character.AI's chatbots, chatbot Setzer, she, ” “, , Gabby Jones, I’m, That’s, ” Setzer, Matthew Bergman, Bergman, Sewell, Noam Shazeer, Daniel De Freitas, weren’t Organizations: New, New York CNN, International Association for Suicide Prevention, Befrienders, CNN, Trust, Safety, Prevention, Junior Varsity, Bloomberg, Getty, Character.AI, Social Media, Law Center, Meta, Google, Apple Locations: New York, Florida, Brooklyn , New York
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