Meta’s AI search ambitions unveiled 🧠, Reddit shares soar 💰, Alphabet’s cloud boost 📈

Welcome, innovators — and Happy Halloween 👻

Maybe you find it scary. Maybe you don’t. But the fact that Meta is developing an AI search engine is undoubtedly exciting.

We share the details with you below…

In today’s newsletter:

• Today’s must-read stories 📰

• Meta AI search engine: Coming soon?

• Prompt of the day ✍️

Today’s must-read stories

Reddit’s AI bet pays off 💰

Reddit’s shares surged 25% after reporting its first profit and a 68% revenue jump — fueled by successful AI investments.

Alphabet’s AI investments boost cloud and ad sales 📈

Alphabet’s AI investments drove a 35% cloud revenue surge and boosted YouTube ad sales.

Regal secures $40M to revamp contact centers with AI 💬

Regal secured $40M to expand its AI Phone Agents, advancing its mission to set a new standard in personalized customer communication.

Video of the Day 📽️ 

Miscellaneous resources

• MIT Technology Review

• McKinsey CIO and CTO Technology Guide to Generative AI

• Stanford University Human-Centered Artificial Intelligence

AI tools 🔨 

• Chipp: Build, share, and sell AI tools.

• Momentic: Automate software testing with AI.

• CodeRabbit: Conduct effortless AI code reviews.

Meta AI search engine: Coming soon?

All reports point toward Meta developing an AI-powered search engine to reduce reliance on Google and Microsoft. The company plans to do this by providing users with AI-generated summaries of current events.

Key takeaways

• Meta’s AI-powered search engine is intended to lessen the company’s dependence on Google and Microsoft for news summaries.

• The Meta AI bot currently relies on Google and Bing to source recent event information but may transition to Meta’s database.

• Meta’s recent web crawler activity suggests significant progress in compiling a comprehensive database for the chatbot.

• A multi-year partnership with Reuters enables Meta’s chatbot to incorporate credible news articles into its responses.

• Competitors like OpenAI’s SearchGPT and Perplexity’s AI search engines face legal scrutiny from major news publishers.

Our thoughts

Meta’s push into AI search demonstrates its intent to challenge traditional search giants, potentially reshaping how social media platforms utilize and generate search data. The company’s strategic alliances and independent data collection efforts reflect a commitment to establishing a sustainable, in-house AI search solution.

Get your 🍿 ready. The “search war” is heating up!

Prompt of the day ✍️ 

IT manager (create a system upgrade proposal)

How it works:

This prompt guides an AI system through a detailed, user-centered process for creating a system upgrade proposal, requiring iterative improvement, close adherence to specific procedural rules, and the use of user input and reference materials to ensure the final product aligns with industry standards and user needs.

Why use it:

Use this prompt to create a system upgrade proposal that is not only customized to specific user needs but also refined through ongoing evaluations.

Prompt Example:

{"prompt":"Develop a tailored System Upgrade Proposal aligned with the user's individual needs, drawing insights from the supplied reference materials. Initiate interaction with the user to obtain essential specifics and resolve any ambiguities. Iteratively refine the System Upgrade Proposal through consistent evaluations using the given evaluationRubric and gather user input to ensure the end product aligns with the users expectations.}

You can find the prompt in its entirety here.

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