ChatGPT Enterprise launches, threatening Microsoft, OpenAI's startup ecosystem
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Top stories today:
- ChatGPT Enterprise launches, threatening Microsoft, startups
- iPhone 14 Pro Max most shipped phone globally in 1H
- Influencer marketing dollars keep rising
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).
All times are ET.
1. ChatGPT Enterprise launches, threatening Microsoft, OpenAI's startup ecosystem
Company data “not used for training OpenAI models.”
SOC2-compliant, SSO, data encrypted at rest and in transit.
Unlimited access to GPT-4, Advanced Data Analysis (fka Code Interpreter).
“32k token context windows for 4x longer inputs, files, or follow-ups.”
Pricing = “Contact sales.”
Our view: OpenAI again shows it's ready to compete directly against Microsoft and startups building on its APIs
While some have criticized the predictions in this YC video, a core message is still valid:
Startups that leverage OpenAI to solve real problems can retain value; simple wrappers cannot.
Bing Chat Enterprise was also introduced in the Windows Copilot Preview, suggesting some coordination between Microsoft and OpenAI, even as they launch competing products. - Microsoft
2. iPhone 14 Pro Max surpasses 14 Pro as most shipped phone globally in 1H, as consumers go for premium
Trend of consumers going for premium products is clear:
Top 4 products are all Apple, ranked by their price, with the most expensive ones selling more.
In 2022, consumers favored cheaper phones, like the Galaxy A13 or the iPhone 11.
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4. Influencer marketing dollars keep rising, while creator economy startup investment falters
The value is accruing directly to the creators, not to startups that build products for them. - The Information
The large social media platforms are the major benefactors in the creator economy, of course, with Meta leading the pack at a $750B market cap, $128B annualized revenue, and $31B annualized net profits.
5. Trump's federal election trial scheduled for Mar. 11, one day before Super Tuesday
Most GOP electors will be voted on during this trial, assuming it lasts 4-6 weeks
6. Interesting tweets, memes, and videos
7. Other headlines
Google has the most AI GPUs, could dominate sector with Gemini.
Sen. Schumer's AI forum on Sep. 13 welcomes Altman, Nadella, others.
Intenseye raising $65M Series B at $300M valuation, led by Lightspeed.
Uber Eats to introduce AI chatbot.
Microsoft president Brad Smith: AI needs “human control.”
Yahoo Mail introduces AI-powered Shopping Saver.
Chamath Palihapitiya's Social Capital tried to sell $312M in startup stock.
Google to sell maps data to renewable energy firms, exp. $100M in revenue.
Streaming titles +39% in 2 years to 2.35M.
Tesla faces 2 trials involving Autopilot fatality, starting Sep.
Zuckerberg says he can type at 100 WPM inside VR headset.
Amazon CEO threatens to fire employees who don't go to office 3x week.
Twitter faces 2.2K arbitration cases, filing fees of $3M+.
Connections: new NYT game a hit.
SEC settles 1st NFT enforcement case, fines company $6M.
SBF case: DOJ wants to bar all 7 defense witnesses.
DCG reaches agreement with Genesis creditors, recoveries of 65-90%.
Binance considers Russia exit after allegations of sanctions violations.
Ben “BitBoy” Armstrong removed from company he founded.
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