ChatGPT’s knowledge cutoff is being updated for some users to September 2023.
Google has revealed plans to introduce new ad formats for its AI-driven search experience, known as Search Generative Experience (SGE). This information was confirmed during the company’s earnings call. CEO Sundar Pichai stated that Google aims to develop a native ad format tailored for each phase of the search journey. He expressed confidence in transitioning from conventional search methods to this new AI-enhanced format, drawing parallels with past transitions like desktop to mobile.
SGE was initially launched during Google I/O and was made available to U.S. users, followed by users in Japan and India. Google already places ads above the SGE results on desktop and below on mobile. They have also previewed customized ads within the SGE that will come with a “sponsored” tag.
While Google earned a revenue of 76.69 billion in Q3 2023, showcasing an 11% YoY growth, its advertising business was responsible for59.65 billion of this total. Meanwhile, its Cloud earnings stood at 8.41 billion, which was lower than the anticipated8.64 billion. Lastly, the company shared that their video feature, Shorts, has witnessed an increase in viewership, with over 70 billion views daily.
Amazon has introduced a new generative AI-powered tool for advertisers to create more engaging ads. The tool is designed to address a common challenge faced by 75% of advertisers in a survey: the difficulty of building ad creatives. Amazon’s generative AI tool assists advertisers in generating lifestyle imagery for their products, enhancing ad performance. For instance, showcasing a product, like a toaster, in a real-life setting (e.g., on a kitchen counter) can increase click-through rates by up to 40%. This tool is user-friendly, allowing advertisers to select their product and instantly receive lifestyle and brand-themed images generated by AI. They can then modify the images using text prompts and test multiple versions. This solution caters to both small advertisers without advanced creative capabilities and major brands seeking efficiency. The image generation tool is currently in beta and will be made available to more advertisers over time, based on feedback.
Confirmation that AGI is indeed here!
The classic argument made over 30 years ago by Fodor and Pylyshyn – that neural networks fundamentally lack the systematic compositional skills of humans due to their statistical nature – has cast a long shadow over neural network research.… twitter.com/i/web/status/1…
— Carlos E. Perez (@IntuitMachine)
Oct 25, 2023
Prompt of the Day 🍭: Validate Business Idea
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