Is ChatGPT going bankrupt?!🚨

Welcome back, AI enthusiasts.

Another week has passed by, and as usual, it brings along with it another AI update. It's always a pleasure to keep you informed of the latest happenings. Thank you for staying connected with us.

So, What do we have for this week?

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• Google Enhances AI-Powered Search Experience

• Amazon's New AI Tool Summarizes Customer Reviews

• ChatGPT's Future at Risk: Bankruptcy in 2024?

• Discover 5 Cutting-Edge AI Tools

• Cool Method To Make Money With AI

Google

Google is updating its AI-powered Search Generative Experience (SGE) with new features to help users better understand information on the web. The updates include tools for seeing definitions of unfamiliar terms, improving understanding, and coding knowledge across languages.

Key points:

• New SGE features allow users to preview definitions and related images or diagrams of unfamiliar terms.

• SGE now offers color-coded syntax highlights for code, aiding in understanding and debugging.

• The "SGE while browsing" feature provides AI-generated lists of key points and questions answered in long-form content.

  Read the full article

Amazon

Amazon has launched a new AI feature that summarizes customer reviews by identifying common themes. The feature, available to some US mobile shoppers, provides summaries on the product feature page and allows users to explore specific product attributes.

Key points:

• Amazon's AI feature analyzes and summarizes customer reviews.

• Summaries are displayed on the product page, with tabs for specific attributes.

• The feature is currently available for select US mobile shoppers.

  Read the full article

ChatGPT

OpenAI, the maker of the popular AI chatbot ChatGPT, spends around $700,000 per day to run the chatbot, with Microsoft and other investors covering these costs. However, if the company doesn't turn a profit soon, it may go bankrupt by the end of 2024, according to a report published in Analytics India Magazine.

Key points:

• OpenAI spends roughly $700,000 per day to run ChatGPT, with costs covered by investors like Microsoft.

• The company projected an annual revenue of $200 million in 2023 and expects to reach $1 billion in 2024.

• OpenAI's losses doubled to $540 million since it started developing ChatGPT.

• The company faces challenges like GPU shortages and competition from rival chatbots like Elon Musk's "TruthGPT".

  Read the full article

5 Cutting-Edge AI Tools

1. Chat with historical figures with HeyMind

2. Find trading opportunities in the stock market with Tickeron

3. Generate stunning presentations from a single prompt with MagicSlides

4. Create short-form videos for social media with Munch

5. Explore AI Tools database at jenerateX.com

Cool Method To Make Money With AI

Turn YouTube Transcripts Into Blogs

Tools Needed: ChatGPT + Youtube + Fiverr + Medium

Startup Cost: $0 (All the AI tools are free)

Here’s a step-by-step guide:

1. Join Medium Partner Program

2. Go to the ChatGPT website and create an account

3. Go to YouTube videos and paste a transcript of it into ChatGPT and ask it to create a blog for you.

4. ChatGPT will generate high-quality content for a blog post based on your input, which you can review and edit as needed

5. Once you’re satisfied with the blog post, publish it on Medium or any other blogging platform that will pay you

6. Alternatively, you could target this service at YouTube content creators directly or on freelance sites like Fiverr.

7. Let the money roll in

Thanks for reading.

Until next time!

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