Sunday Signal #11: OpenAI Launches ChatGPT API, TikTok Drops AI Face Filter and Reid Hoffman’s Startup to Raise $675M
Rafael Henrique / Reuters Connect

Sunday Signal #11: OpenAI Launches ChatGPT API, TikTok Drops AI Face Filter and Reid Hoffman’s Startup to Raise $675M

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OpenAI Launches ChatGPT API, TikTok Drops AI Face Filter and Reid Hoffman’s Startup to Raise $675M

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5 News Nuggets

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Rafael Henrique / Reuters Connect

  • 🔗 LinkOpenAI released its ChatGPT API. It's called 'gpt-3.5-turbo' and is 10x cheaper than existing models. What's more, they've achieved a 90% cost reduction for ChatGPT since December, priced at only $0.002 per 1K tokens.
  • 🔗 Link: Instacart and Shopify have already adopted ChatGPT's API. Shopify built a personalised assistant for shopping recommendations, while Instacart built 'Ask Instacart' which allows customers to ask about food and get “shoppable” answers informed from product data.
  • 🔗 LinkFord releases Latitude AI to develop automated driving technology. Their initial focus is on developing a hands-free, eyes-off-the-road automated driving system for Ford vehicles.
  • 🔗 Link: Elon Musk is recruiting a team to develop an OpenAI rival.
  • 🔗 Link: How AI could transform email. Autocomplete functions like those used by Compose AI and Google are becoming more common in email communication. I'm still waiting for an AI 'inbox zero' tool that'll handle this all for me.


4 Cool Creations

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Jess Weatherbed / The Verge

  • 🔗 LinkTikTok dropped a new AI-powered face filter called 'Bold Glamour'. I've tried it—it works (scarily good). I am slightly worried about the secondary effects of the advancements in AI tuning on our digital selves. Where do expectations lie when you meet that person... in person?
  • 🔗 LinkSnapchat launches "My AI", an AI chatbot powered by OpenAI’s ChatGPT. My AI can be accessed through Snapchat+'s subscription service and can perform tasks like answering trivia questions, recommending gift ideas, planning trips, suggesting recipes, and writing haikus. I'm now guessing most social platforms will have their own version of ChatGPT baked into their platform.
  • 🔗 LinkRomania's prime minister unveils AI adviser called "Ion" to tell him what people think in real time. Ion's main task will be to scan social networks to inform the government of Romanians' proposals and wishes.
  • 🔗 Link: Waymark is fine-tuning GPT-3 to power and scale done-for-you video creation. It's one of the most powerful ways for businesses to introduce their product through TV commercials and digital video ads.


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Andrew Crump

Ex. Founder, writing about Startups>Scaleups (Ask me about PMF, PLG & OKRs)

1y

& much more to come ...

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Barrett O'Neill

Founded 2 companies, sold 1. Building an industrial RE portfolio in New England

1y

The ChatGPT API will spawn some great tools

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The ChatGPT API is going to be a massive game changer 😎🔥

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Samantha Leal

Growth partner for tech startups | Stop guessing why growth stalled and build a model for repeatable growth

1y

Always waiting for you to drop new AI intel. The space is moving so quickly is hard to keep up!

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