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- 🤖 Airbnb Acquires AI Startup for $200 Million
🤖 Airbnb Acquires AI Startup for $200 Million
PLUS: YouTube’s New AI-Created Content Regulations
James Roesser
November 15, 2023
Welcome back AI enthusiasts!
In today’s AI Report:
💵Airbnb Acquires AI Startup for $200 Million
🚧YouTube’s New AI-Created Content Regulations
🛠5 Trending Tools
💰Venture Capital Updates
💼Who’s Hiring?
Read Time: 3 minutes
🗞RECENT NEWS
AIRBNB
💵Airbnb Acquires AI Startup for $200 Million
Airbnb recently completed its first acquisition as a public company in a deal valued at $200 million to integrate generative AI features into existing user tools.
Key Details:
GameplannerAI was cofounded by Adam Cheyer, the creator of Siri and developer of Samsung’s voice assistant, to generate responsive, adaptive, and intelligent behaviors in video games.
Airbnb CEO Brian Chesky believes GamePlannerAI will accelerate Airbnb’s AI projects, such as a “travel concierge” that learns about user preferences to improve travel experiences through offering compatible homes.
The startup has been in “stealth mode” since its founding in 2020. Startups in “stealth mode” operate under the public eye to protect intellectual property and avoid distractions.
Why It’s Important:
This deal is Airbnb’s first acquisition since 2019, piquing interest among Wall Street advisors regarding whether Chesky’s Mergers and Acquisitions (M&A) strategy is shifting.
Airbnb is profitable on a GAAP basis (i.e., approved accounting methods and practices) with $11 billion in cash and liquid assets as of September.
YOUTUBE
🚧YouTube’s New AI-Created Content Regulations
In a news release published Tuesday, the Google-owned social media platform introduced a set of policies to identify AI-generated content.
Key Details:
The new policies require creators to disclose when they’ve leveraged or incorporated AI content into their posts to “realistically depict an event” that never occurred.
In the news release, YouTube highlighted that “creators who consistently choose not to disclose this information may be subject to content removal, suspension from the YouTube Partner Program, or other penalties.”
Viewers can also submit request forms to remove AI content that simulates an identifiable individual, including their face or voice.
Why It’s Important:
The proliferation of generative AI technology, which can create lifelike images, videos, and audio files, can mislead people by depicting events that never happened or manipulating voices to spread false claims.
YouTube’s new policies promote transparency, mitigate the spread of misinformation, and enforce responsible AI development.
🛠TRENDING TOOLS
👨🍳ChefGPT provides AI-powered recipe recommendations inspired by the ingredients in your pantry.
📊SheetAI integrates powerful AI functions into Google Sheets.
🎯VocAI Chatbot instantly resolves 80% of your customer support questions.
🌛Moonvallley crafts visually stunning high-definition videos and animations from simple text prompts.
✂️Autoclipr creates engaging vertical clips from YouTube videos to grow your audience on autopilot.
💰VENTURE CAPITAL UPDATES
Ritual secures $25M to manage risk parameters for lending protocols in the cryptocurrency space.
Billionaire investor Chamath Palihapitiya believes AI will radically shift the jobs of venture capitalists.
Eleos Health raises $40M Series B round to expand CareOps automation footprint.
💼WHO’S HIRING?
🤖PROMPT OF THE DAY
LINKEDIN OUTREACH
📱Selling on LinkedIn
Identify 5 personal branding archetypes that are effective for social selling on LinkedIn. For each archetype, briefly describe key traits and how I can leverage them to find my audience and build an authentic personal brand.📒FINAL NOTE
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