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Keeping ChatGPT running is expensive as heck, so OpenAI needs access to plenty of cash to make sure the lights stay on. A day after the company said it had secured $6.6 billion in funding the biggest ever funding round for a startup it confirmed that it has a new $4 billion revolving line of credit. OpenAI has yet to tap the credit line, which it obtained from JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS and HSBC. Some of those banks are also among OpenAI's customers. All told, OpenAI now has a war chest of over $10 billion in liquid funds. The company says that will give it the ability to invest in new projects and research, expand its infrastructure and hire top talent. This credit facility further strengthens our balance sheet and provides flexibility to seize future growth opportunities, OpenAI CFO Sarah Friar said. This article originally appeared on Engadget at https://www.engadget.com/ai/openai-now-has-a-4-billion-credit-line-on-top-of-66-billion-in-funding-163230350.html?src=rss
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Marketing and Advertising
Google is adding more AI to search. On Thursday, the company unveiled a long list of changes, including AI-organized web results, Google Lens updates (including video and voice) and placing links and ads inside AI Overviews. One can suspect that AI-organized search results are where Google will eventually move across the board, but the rollout starts with a narrow scope. Beginning with recipes and meal inspiration, Googles AI will create a full-page experience that includes relevant results based on your search. The company says the AI-collated pages will consist of perspectives from across the web, like articles, videos and forums. Googles AI Overviews, the snippets of AI-generated info you see above web results, are getting some enhancements, too. The company is incorporating a new link-laden design with more prominent links to supporting webpages within the section. Google says its tests have shown the design increased traffic to the supporting websites it links to. Ads are also coming to AI Overviews an inevitable outcome if ever there was one. The company says theyre rolling out in the US, so dont be shocked if you start seeing them soon. left to right: Google Lens speak to search, ads in AI Overviews, Lens video searchGoogle Circle to Search is getting Shazam-like capabilities. The feature will now instantly search for songs you hear without switching apps. Google also noted that Circle to Search is now available on over 150 million Android devices, as its expanded in reach and capabilities since its January launch. Google Lens, the companys seven-year-old visual search feature for mobile, is getting some upgrades, too. It can now search via video and voice, letting you ask complex questions about moving images. The company provides the example of seeing fish at an aquarium and using Lens to ask it aloud, Why are they swimming together? According to Google, the AI will use the video clip and your voice recording to identify the species and explain why they hang out together. Along similar lines, you can now ask Google Lens questions with your voice while taking a picture. Just point your camera, hold the shutter button and ask whatevers on your mind the same way youd point at something and ask your friend about it, the company wrote. Google Lens is also upgrading its shopping chops. The company describes the upgraded visual product search as dramatically more helpful than its previous version. The AI results will now include essential information about the searched product, including reviews, prices across different retailers and where to buy. The Google Lens capabilities are all rolling out now, although some require an opt-in. Video searches are available globally for Search Labs users; youll find them in the AI Overviews and more experiment. Voice input for Lens is now available for English users in the Google app on Android and iOS. Finally, enhanced shopping with Lens starts rolling out this week.This article originally appeared on Engadget at https://www.engadget.com/ai/google-stuffs-more-ai-into-search-160003918.html?src=rss
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Marketing and Advertising
YouTube Shorts are about to get quite a bit longer. Starting on October 15, the platform is increasing video limits from one minute to three minutes. TikTok, arguably Shorts' biggest competitor, has allowed users to share 10-minute videos for over two years. The new update should work for any Shorts that are square or taller in aspect ratio, and it won't affect any videos you shoot before the 15th. YouTube is also releasing a few other Shorts updates, including a preview of comments in the Shorts' feed. Plus, the company is working on letting you to pull clips from across YouTube through the Shorts camera and make remix clips. YouTube first released the remix feature in early 2024, letting you strip the audio, use the video as a background, cut a piece of it to use in your Short or put it side-by-side with your creation. If Shorts aren't your thing, it's also going to be easier to skip them as YouTube is introducing a tool to show fewer Shorts. You can choose this option through the three dot menu on the upper right corner though YouTube says the preference only lasts temporarily. This article originally appeared on Engadget at https://www.engadget.com/entertainment/youtube/youtube-shorts-can-now-run-up-to-three-minutes-160002081.html?src=rss
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Marketing and Advertising
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