TikTok's aggressive move in AI race 🚀

Bytespider vs GoogleBot: Who wins? 🤖

Subscribe | Advertise | AI Growth Coaching

ByteDance's aggressive data grab disturbs competitors, US government, and publishers

TL;DR

ByteDance's Bytespider web crawler outpaces competitors, aggressively collecting data for AI training. This bold and mostly illegal move could boost TikTok's search functionality, potentially shifting ad spending from Google to TikTok.

Key Takeaways

• ByteDance's Bytespider crawler surpasses competitors, collecting data 25 times faster than OpenAI's GPTbot for AI training.
• Bytespider ignores "robots.txt" protocols, raising ethical and legal concerns about web scraping for AI development even if a website explicitly instructs the crawler not to crawl the site.
• ByteDance aims to enhance TikTok's search functionality with a new large language model, potentially disrupting ad targeting.
• Aggressive data collection efforts could shift advertising spending from Google to TikTok, impacting digital marketing strategies.

Why It Matters

ByteDance's aggressive data collection with Bytespider signals a potential shift in digital advertising. Enhancing TikTok's search capabilities could challenge Google's dominance, forcing entrepreneurs to rethink their marketing strategies and adapt to a new era of AI-driven, social media-centric advertising.

What People Say on the Web

📰 On the News

Headlines & Launches 📣 

Palantir Joins S&P 500, Sees Strong AI Demand

Palantir Technologies (NYSE: PLTR) has been added to the S&P 500 index, driving a 22% stock price increase. The AI company reported strong Q2 results, with revenue up 27% and expanded partnerships with BP and the U.S. government. Despite promising growth, analysts caution about Palantir's high valuation relative to earnings.

OpenAI's $6.6B Gamble: For-Profit or Bust

OpenAI faces a crucial deadline to transition from nonprofit to for-profit status within two years or potentially return $6.6 billion to investors. This shift presents significant legal and regulatory challenges, including scrutiny from the IRS and state attorneys general. The outcome could set a precedent for AI startups balancing investor demands with public interest.

Hot Tools 🧰

MarketAlerts.ai — Monitoring Your Stocks and Searching for Trade Ideas

MarketAlerts.ai introduces 24/7 AI-driven portfolio monitoring for investors. The platform instantly updates earnings calls, customer numbers, and financial guidance. Providing timely, noise-free data empowers users to make informed trading decisions and levels the playing field for small investors.

24/7 AI Marketing Assistant from M1-Project

M1-Project’s AI-powered tool has emerged to instantly generate Ideal Customer Profiles (ICPs) for businesses. The AI identifies target audiences by analyzing product descriptions and pinpoints at least 20 online locations where potential customers engage.

Miscellaneous 🎁

AI Pioneer Challenges AGI Concept, Pushes Practical AI

Fei-Fei Li, known as the "godmother of AI," admits uncertainty about AGI's definition. She advocates for focusing on tangible AI developments and responsible implementation. Li emphasizes the need for balanced regulations and diverse perspectives in AI development to drive innovation and safety.

Want to advertise in BizStack Newsletter? 📰

If your company wants to reach an audience of AI entrepreneurs and enthusiasts, you may want to advertise with us.

If you have any comments or feedback, comment on this post!

Thanks for reading,

— Cagri Sarigoz

P.S. Some links are affiliate/referral links, helping me out at no extra cost to you. Thanks for your support! 🙏

P.P.S. Don't Miss Out on These Resources:

• 🛠️ My top tools for running two side businesses while working full-time.
• 🧑🏻💻👩💻 Read fellow entrepreneurs’ stories on Entrepreneur Spotlight and Solopreneur Spotlight series.
• 🤝 Follow me on X and LinkedIn for regular updates and insights.