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OpenAI is reportedly telling investors that it plans on charging $22 a month to use ChatGPT by the end of the year. The company also plans to aggressively increase the monthly price over the next five years up to $44. The documents obtained by The New York Times shows that OpenAI took in $300 million in revenue this August, and expects to make $3.7 billion in sales by the end of the year. Various expenses such as salaries, rent and operational costs will cause the company to lose $5 billion this year. OpenAI is reportedly circulating the documents the NYT reported on as part of a drive to find new investors to prevent or lessen its financial shortfall. Fortunately, OpenAI is raising money on a $150 billion valuation, and a new round of investments could bring in as much as $7 billion. OpenAI is also reportedly in the midst of switching from a non to for-profit company. The business model allows for the removal of any caps on investor returns so theyll have more room to negotiate for new investors at possibly higher rates.This article originally appeared on Engadget at https://www.engadget.com/ai/openai-reportedly-plans-to-increase-chatgpts-price-to-44-within-five-years-225413308.html?src=rss
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Marketing and Advertising
Threads seems to be rolling out a new location tagging feature that allows users to add a location to their posts. Some users have reported seeing the change in Threads app, though it doesnt seem to be available to everyone just yet. The feature is similar to location tagging on Instagram. When you give Threads access to your location, youll see a list of nearby places to tag, though you can also manually search for a place. For example, I saw that a few users already jokingly tagged their posts as hell. According to an in-app disclaimer from Meta, the company plans to use location sharing to better customize Threads by showing personalized content about places nearby. The change could help improve Threads search functionality, which still often falls short, and make the app slightly more useful for following breaking news and other timely events. Threads The change could also come in handy in the future when Meta finally flips the switch on advertising in Threads. Mark Zuckerberg has said the company plans to continue growing the service before bringing ads to the platform, but getting users consent to sharing locations would provide a crucial bit of information for the companys ad machine. Meta didnt immediately respond to questions about the feature, but the company appears to still be rolling it out. Location sharing appeared for me in the Threads app, but then disappeared about an hour later. It doesnt seem to be visible at all yet on the web version of Threads.This article originally appeared on Engadget at https://www.engadget.com/social-media/threads-is-adding-location-location-sharing-to-posts-224114320.html?src=rss
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Marketing and Advertising
Walkabout Mini Golf has been filled with players ever since it launched around the same time as the Meta Quest 2. Now the multiplayer mini-golf game is making the jump to iOS devices. The developer Mighty Coconut is currently beta testing its mobile mini-golf game Walkabout Mini Golf: Pocket Edition and plans to release a full version on the App Store on October 10. The Pocket version may be on mobile devices but the miniature version of the mini-golf game isnt straying away from its virtual interface. The iOS Walkabout game can be played in two different modes: Touch-to-Putt mode in which you use the touch screen to tap and drag your shot and Swing-to-Putt mode in which you hold your iPhone like a putter and take your swing the same way you would in the VR version. Walkabout Mini Golf is one of the most popular multiplayer VR games for the Meta Quest series. The virtual mini-golf game has an extensive series of stylized courses including some based on movies, TV shows and games like Jim Hensons Labyrinth, the puzzle game Myst and the animated clay characters Wallace & Gromit. Mighty Coconut also designed a golf course with the immersive art company Meow Wolf and a series of courses based on the works of Jules Verne.This article originally appeared on Engadget at https://www.engadget.com/mobile/vr-hit-walkabout-mini-golf-is-getting-a-mobile-edition-214918605.html?src=rss
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Marketing and Advertising
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