OpenAI's financial flex

The Wright Brothers’ first flight and the Moon landing were only 66 years apart. In just over six decades, we went from a 12-second hop off the ground to literally landing on the Moon. Humanity hit the fast-forward button on that one.

What’s in store:

• A domain decades in the making meets modern AI.

• Microsoft’s oldies got a makeover with AI.

• Around the web: Meta is launching a temporary LA store to showcase its Ray-Ban Meta Smart Glasses.

• Streamline your tasks with AI - here’s how!

Read Time: 5 minutes

OPENAI

When old-school domains meet new-school AI

OpenAI recently added the Chat.com domain to its collection of high-profile digital assets.

Chat.com now redirects to ChatGPT, OpenAI’s popular AI chatbot.

OpenAI confirmed the purchase, though it hasn’t shared how much it paid.

First registered in 1996, Chat.com is one of the web’s oldest domains.

In 2022, Dharmesh Shah, HubSpot co-founder and CTO, bought the domain for $15.5 million, making it one of the highest-recorded domain purchases.

In brief:

• Chat.com now points to OpenAI’s ChatGPT.

• Dharmesh Shah sold Chat.com to OpenAI, reportedly for OpenAI shares.

• No rebranding is expected, as the domain only directs to ChatGPT.

Shah revealed in March that he had sold Chat.com to an undisclosed buyer, and just recently, he confirmed OpenAI as that buyer, implying he was compensated with shares.

It’s worth noting that OpenAI has not suggested any brand change, as ChatGPT continues to be hosted on its existing platform.

Imagine buying one of the most expensive domains just for a redirect… flex much?

Vote for live results and see results + opinions from yesterday at the bottom of the email.

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On This Day

November 8th 1895 - Wilhelm Röntgen discovers X-rays while experimenting with electricity, leading to the development of diagnostic radiology.

Riddle Me This

What can fill a room but takes up no space?

Nifty Numbers

Nine out of ten students are keen to learn more about AI in schools, a sign that young learners understand this transformative technology's value. As AI’s influence grows, integrating it into education enhances learning and equips students for the future.

MICROSOFT

Notepad and Paint get AI upgrades

Microsoft has brought AI-powered upgrades to classic Windows Apps, Notepad and Paint.

These updates, available to Windows Insiders in preview, make editing text and images easier and more flexible.

In Notepad, the new Rewrite feature lets users rephrase sentences, adjust tone, and change text length with AI.

Users simply highlight text, right-click, and select Rewrite. Notepad will then suggest three alternative versions.

This feature requires a Microsoft account login as it operates via Microsoft’s cloud service.

Paint is also getting AI-based tools: Generative Fill and Generative Erase.

Generative Fill allows users to add content to an image using a prompt, while Generate Erase removes parts of an image and fills in the empty area naturally.

Generative Erase is available to all Insiders, while Generative Fill will be initially limited to those with Copilot Plus PCs.

Here’s what you should know:

• Rewrite in Notepad offers AI options for rephrasing, tone change, and text length adjustment.

• Generative Fill and Erase in Paint help users add or remove image content with AI.

• These updates are currently in preview for Insiders in selected regions, including the UK and US.

AI bringing Notepad to life

These new tools join other recent improvements, like spell check and autocorrect in Notepad reflecting Microsoft’s push to make everyday apps smarter and more efficient.

Notepad and Pain are in their “main character” arc. We like it.

Mindstream Picks

Space: Australian startup Gilmour Space has received a license for its first orbital launch, potentially set for year-end, from Queensland’s Bowen Orbital Spaceport.

Crypto: Macro researcher Adam noted cooling election-related market activity, with options market profit-taking despite crypto gains and optimism.

Games: Virtua Fighter may soon return, as Sega’s transmedia head Justin Scarpone hinted at a new game in development alongside other legacy titles.

Don’t Miss: Meta is opening a pop-up store in LA for its Ray-Ban Meta Smart Glasses from November 8th to December 31st, offering customisation, events, and an immersive experience room. This follows its Meta Lab at Connect 2024, with plans for a similar store in Phoenix in January to test future retail possibilities.

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Yesterday’s Poll

“Do you think ChatGPT Plus on iOS will be worth it?”

Yes, i'm buying. - 35%

Nope, free version is fine for me. - 65% ✅

Your Views:

“I think $20 per month is pricey to charge when first released. Regardless of features, free version or pay $20 per month… that price will only increase, can’t image what the cost will be in a year.” - bryanjpa

“I expect a significant improvement over the free version” - ana.per

Submit your opinions in our daily poll to be featured!