FROM OUR PARTNER
Could This Startup be the next Ring?
Imagine skipping out on Ring before its $1.2B buyout by Amazon
Kevin O’Leary called it the worst mistake in Shark Tank history.. a 66,756% return missed!
By the time we hear about industry-changing companies, it’s usually too late. But right now, there’s a smart home startup making their way to homes in America.
This tech startup is RYSE
,
and unlike Ring, you can still invest early – before it takes off.
Like how Ring disrupted home security, this company is revolutionizing smart blinds & shades - with $10M+ in revenue, 200% YoY growth, and sold in 127 Best Buy stores, they are primed for massive expansion.
Earn up to 25% in bonus shares.
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🔮 OpenAI gets ready to launch GPT-4.1
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- OpenAI is preparing to launch several new AI models soon, including a revamped version of GPT-4o expected to be branded as GPT-4.1, alongside smaller GPT-4.1 mini and nano versions.
- References to new reasoning models o3 and o4 mini were discovered in ChatGPT's web version, indicating these additions are likely to debut next week unless launch plans change.
- Recent capacity challenges have caused delays in OpenAI's releases, with CEO Sam Altman noting that customers should expect service disruptions and slowdowns as the company manages overwhelming demand.
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🫠 AI shopping app was actually powered by humans in the Philippines
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- Albert Saniger, founder of e-commerce app "nate," has been charged with fraud after allegedly misleading investors by claiming his app used proprietary AI when it actually relied on human workers in the Philippines.
- The app marketed itself as a universal shopping cart that could automatically complete online purchases, but when the technology couldn't handle most transactions, the company secretly employed a call center to perform the tasks manually.
- Saniger now faces one count of securities fraud and one count of wire fraud, each carrying a maximum sentence of 20 years, while the SEC has filed a parallel civil action against him.
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🧠 ChatGPT will now remember your old conversations
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- ChatGPT has received a memory upgrade that enables it to reference past conversations automatically, aligning with OpenAI's vision of creating AI systems that learn about users over time.
- The enhanced memory feature builds upon last year's update and will be available first to Pro subscribers, followed by Plus users, but is not launching in European regions with strict AI regulations.
- Users concerned about privacy can disable the memory feature through ChatGPT's personalization settings or use temporary chats, similar to functionality Google introduced to Gemini AI earlier this year.
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🍎 Apple's AI struggle began with chip budget dispute
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- Apple's AI development faced a significant setback when CFO Luca Maestri drastically reduced the proposed chip budget increase in early 2023, forcing the team to seek computing power from external providers like Google and Amazon.
- Internal leadership conflicts emerged between Robby Walker and Sebastien Marineau-Mes over who would lead Siri's new capabilities, with the project ultimately being split between them as testing revealed accuracy issues in nearly a third of requests.
- Following delays in the enhanced Siri rollout, software chief Craig Federighi reorganized leadership by transferring responsibility from John Giannandrea to Mike Rockwell, though some executives remain confident Apple has time to perfect its AI offerings.
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💰 Mira Murati aims for historic $2 billion seed funding
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- Mira Murati, OpenAI's former chief technology officer, is reportedly seeking a record-breaking $2 billion seed funding for her new AI startup Thinking Machines Lab, doubling her initial target from two months ago.
- The potential funding would surpass other massive AI seed rounds like Ilya Sutskever's $1 billion for Safe Superintelligence, highlighting the continued investor enthusiasm for artificial intelligence ventures.
- Thinking Machines has attracted several OpenAI veterans including John Schulman who co-led ChatGPT development, though specific details about the company's products remain limited beyond making AI "more widely understood, customizable, and generally capable."
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🎨 Canva adds AI image generation, interactive coding, spreadsheets and more
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- Canva is adding a suite of new AI features to its platform, including an AI assistant called Canva AI that can create images, design ideas, write copy, and generate documents based on user instructions.
- The company introduced Canva Code, a tool that allows users to create interactive mini-apps through prompts, developed in partnership with Anthropic to help designers build more dynamic content beyond static mockups.
- Canva is expanding its offerings with AI-powered photo editing tools, a new spreadsheet feature called Canva Sheets with Magic Insights and Magic Charts capabilities, and integrations with platforms like HubSpot and Google Analytics.
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