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ChatGPT Is Going Broke? The Real Story…

Empty Wallets & Beautiful Presentations

In this Daily Bite, we delve into the evolving landscape of AI…

From OpenAI’s financial challenges to the impressive power of an AI tool that creates visually captivating slides, graphs, diagrams & more.
 

Today’s Menu

  • ChatGPT’s Financial Future: Funding The Beast
  • Beautiful Presentations: Create Visuals In Seconds
  • AI Reskins Video: Drastic Improvements
 

Inside Look At OpenAI’s Future

OpenAI’s ChatGPT had a mega launch in November 2022, becoming the fastest-growing app ever.

Now, Analytics India Magazine predicts OpenAI might face bankruptcy by the end of 2024.

The report mentions a decline in ChatGPT’s users during June and July, possibly due to companies limiting its use for work. Although, Meta’s new Llama 2 chatbot could also be stealing the spotlight.

OpenAI spends a staggering $700,000 daily on ChatGPT’s operations. Though Microsoft and investors are helping, losses keep growing.

OpenAI projected $200 million in revenue for 2023, aiming for a billion by 2024, but with mounting losses, the path seems uncertain.

On the flip side, Amazon took nearly 10 years to become profitable. You see, it’s not all about the money in the beginning – it’s about mass adoption.

OpenAI has the market cornered [for now] and will likely continue to raise insane amounts of money for years to come.

Will ChatGPT die before 2025 or is it a trillion-dollar company in the making?

 
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Wow, How Beautiful.ai

Presenting just got smarter and faster with DesignerBot, the new AI-driven tool changing the game in the world of presentations.

With DesignerBot, crafting presentations is a breeze.

Simply input your prompt, and watch as the AI generates complete slides, filled with relevant content and images, in just minutes.

No more grappling with formatting or spending hours perfecting each slide.

This tool offers a library of customizable Smart Slides that ensure great design choices with every click.

However, it’s more than just a presentation tool – it’s a comprehensive platform designed to make your storytelling effortless.

Smart Slides come with pre-built animations that bring graphs and diagrams to life, adding an engaging touch to your content.

Additionally, DesignerBot’s integration of photos, videos, and icons allows you to create captivating narratives that resonate with your audience.

It not only generates content but also adapts it to your brand, ensuring consistency across your organization.

With shared slides, team templates, and advanced analytics, DesignerBot makes collaboration smoother and insights more accessible.

If you’re throwing together a pitch deck or presenting quarterly reports to your boss, this AI tool is a no-brainer.

 

Today’s Prompt Spotlight 🏆

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Reskinning Video With AI

TikTok-ers are putting their AI videos through AI, and the results have improved greatly in the last few months:

Click to watch the full video…

 

Today’s Fast Snacks 🥡

Investors Overconfident About AI Impact

Optimism about the potential of AI to drive future profits has powered the tech-heavy Nasdaq Composite to gains of more than 31% YTD.

AI Mania Triggers Dot-Com Bubble Flashbacks

NVIDIA shares have nearly tripled this year, and investors question whether the stock can live up to the hype…

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ChatGPT Is Going Broke? The Real Story...