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Everyday AI Podcast – An AI and ChatGPT Podcast
Ep 334: AI News That Matters - August 12th, 2024
Aug 12, 2024
This week, there's buzz about OpenAI possibly launching a new model. Perplexity secures major funding, aiming to rival Google. Dell faces significant layoffs as it pivots towards AI. A former president's claims about AI-generated crowds at a rally stir controversy. Additionally, Apple teams up with OpenAI to enhance their AI strategy amidst concerns about job impacts and misinformation. The challenges of creating realistic content in the era of advanced AI are discussed, emphasizing the need for cautious engagement with technology.
47:51
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Quick takeaways
- Perplexity's recent $250 million funding boost highlights its competitive edge in AI against declining usage of Google services.
- Dell's job cuts signify a strategic shift toward AI products, reflecting broader trends in automation within the tech industry.
Deep dives
Perplexity's Rapid Growth in AI Market
Perplexity has achieved significant funding success, recently raising $250 million, which has boosted its valuation to between $2.5 billion and $3 billion. This follows previous funding rounds of $74 million and $500 million earlier this year, showcasing a remarkable growth trajectory. Investors are taking note of Perplexity as it develops an advanced enterprise tool that combines multiple large language models, providing a unique competitive edge. As Google’s AI services see declining usage, it's becoming clear that more users are turning to alternatives like Perplexity for their information retrieval needs.
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