- Mindstream
- Posts
- Perplexity could kill Google
PRESENTED BY |  |
Lobsters have bladders on either side of their heads, and they communicate by urinating at each other. No, seriously.
Love or hate this intro? Hit reply and tell us why!
What’s in store:
Perplexity is pivoting from subscriptions to ads.
The FCC came up with an AI call disclosure.
Around the web: Judge rules Google as an illegal monopoly; competitors seek strong remedies.
Free ChatGPT guide from HubSpot!
Read Time: 5 minutes
PERPLEXITY
Perplexity AI, a rising star in the AI search sector, has experienced extraordinary growth, boosting its monthly revenue and usage by sevenfold since the start of the year.
This impressive surge follows a $250 million funding round, which has seen the company’s valuation triple to $3 billion.
Perplexity’s AI-powered search engine, which answered 250 million questions last month alone, is now shifting from a subscription model to an advertising-focused approach.
This change positions the start-up as a contender to Google in the highly competitive search industry.
Google, on the other hand, is integrating more AI features into its core search product, while OpenAI introduced its own search tool, SearchGPT.
The takeaways:
Perplexity AI has boosted its valuation to $3 billion following substantial investment.
The company is transitioning from a subscription model to advertising, positioning itself against Google.
Concerns have been raised regarding the potential impact of advertising on user trust, particularly as AI's reliability continues to be a topic of debate.
When small players make big waves
Despite facing competition from larger, more established companies, Perplexity remains focused on providing high-quality answers sourced from reliable information.
This focus sets it apart from broader search engines like Google.
However, the decision to introduce advertising has sparked concerns about whether it might undermine user trust, especially in a market where the reliability of AI remains a significant issue.
The AI search landscape is heating up, with Perplexity’s growth illustrating the potential for new players to challenge established giants.
Yet, as AI becomes more prevalent in search, the question remains whether it can consistently deliver accurate results at scale, a challenge that even the most advanced systems have yet to fully overcome.
Who knew a start-up could teach Google a thing or two about AI search?
What do you think about their shift into advertising? |
Vote for live results and see results + opinions from yesterday at the bottom of the email.
FREE RESOURCES
Transform your productivity with HubSpot's comprehensive guide to using ChatGPT at work. This free resource equips you with essential tools and strategies to leverage AI in your daily tasks.
Download Now to Get:
Demystifying ChatGPT: Gain a deep understanding of ChatGPT's features.
Practical Insights: Discover real-world applications to enhance efficiency.
Best Practices: Learn expert techniques for optimal use.
100 Actionable Examples: Utilize prompts for email, content, customer support, and data analysis.
On This Day
August 12th 1977 - The first free flight of the Space Shuttle Enterprise takes place as part of the Space Shuttle program's Approach and Landing Tests (ALT).
Trending Tools
Munch: Uses advanced generative AI and marketing analytics to extract captivating clips from long-form videos, identifying impactful moments with trending analysis for enhanced social media engagement.
Byword: It enhances content strategy with an AI article writer designed for scale. It generates authentic, engaging content efficiently, ideal for content creators and businesses looking to boost their output with AI-driven solutions.
Palette FM: This AI tool revitalises black-and-white photos by adding colour, operating directly from a browser without the need for downloads.
VREW: It swiftly generates captions from video speech, eliminating the need for manual transcription. Users can edit and style auto-generated captions with various fonts and effects, making it a useful tool for enhancing video accessibility and presentation.
Nova A.I.: This tool simplifies video categorisation and organisation by automatically recognising and tagging elements like faces, objects, and activities in videos.
ROBOCALLS
The Federal Communications Commission (FCC) has introduced new rules aiming to improve transparency around AI-driven robocalls.
These rules would require companies to clearly disclose if they plan to use artificial intelligence in phone calls or text messages when looking for consent from recipients.
This move expands on the existing ban against AI-generated robocalls without explicit consent.
Here are the new rules:
Callers must inform recipients if they intend to use AI for future communications.
An AI-generated call is defined as one that uses technology, like machine learning or predictive algorithms, to create artificial voice or text content.
Individuals with speech or hearing disabilities using AI-generated voice software would be exempt, provided the calls are free of unsolicited advertisements and don’t incur charges for the recipients.
Hello? Yes this is AI speaking
The FCC is also seeking public feedback on the potential risks of scammers exploiting these exemptions and how to enhance the rules to prevent such abuse.
Good news for Grandma.
Mindstream Picks
SpaceX Falcon 9 launched two satellites for Space Norway's Arctic Broadband Mission, providing coverage over the North Pole.
PUBG publisher Krafton acquired Tango Gameworks and the Hi-Fi Rush IP from Xbox, preventing the studio's shutdown and ensuring continuity for future projects.
Bitcoin fell below $60,000, reaching an intraday low of $58,315, contributing to a 13.9% loss over the past two weeks.
U.S. equity futures dipped Sunday evening as investors awaited key inflation data, following a near recovery from last week's market rout.
Don’t Miss - A federal judge ruled Google as an illegal monopoly, a win for rivals like Yelp and DuckDuckGo, but the next phase will determine the actual impact. Competitors are advocating for strong remedies to restore competition, including independent oversight and structural changes to prevent Google from sidestepping regulations.
AI Art
Our Image of the Day
Artwork submitted by Mindstream reader Jeff A: “Private investigator on a spaceship”
Daily Image Prompt
Lobsters in a sword fight
Yesterday’s Poll
“How do you feel about AI writing your emails at work?”
Excited to delegate the boring stuff! - 52% ✅
Skeptical, but curious to see the results. - 48%
Your Views:
“AI technically already does write emails for us (Grammarly, anyone?). I would appreciate a level of supervision to the process but would love delegating stuff like this so I won't have to obsess over if I sound stupid or can focus on something else.” - scratchril
“I use different styles for different people, I wonder how AI would cope.” - jakelly
Submit your opinions in our daily poll to be featured!
 | Cheer up, at least it's not Monday! Oh wait... ❤️ We need your feedback to make our newsletter better. 📣 Refer our newsletter to your friends and make us feel all warm and fuzzy. 🚀 Advertise in our newsletter to reach 150,000+ founders, engineers, and content creators. |
You There! What Did You Think? |