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⚖️ Google vs. Chegg
AI search summaries are in the hot seat.
Welcome to AI Wire — your smart shortcut to all things AI without the jargon.
What we’ll cover today:
📖 AI Audiobooks – ElevenLabs takes on Audible!
💰 Perplexity’s $50M Fund – Smart move or distraction?
⚖️ Google vs. Chegg – AI search in legal trouble!
🛠️ 4 AI Tools – Automate, create & stay ahead!
🎓 Learn AI Fast – No fluff, just action!
Source : FreightWaves
AI voice tech company ElevenLabs is now letting authors publish AI-narrated audiobooks directly on its Reader app, challenging Audible.
🚨 Breaking News:
After partnering with Spotify for AI audiobooks, ElevenLabs is now offering all authors a chance to publish and earn directly on its app.
⚡ Wire Simplified:
ElevenLabs launched a new platform for authors to create and publish AI-generated audiobooks.
It aims to compete with Audible, claiming to offer better payouts for authors.
Authors earn $1.10 per listener who engages for 11+ minutes.
The program is currently U.S.-only and supports English but will expand to 32 languages.
ElevenLabs is also planning an audiobook marketplace for authors to sell their work.
✔️ Straight to the Point:
ElevenLabs is shaking up audiobooks with AI narration, but will authors and listeners embrace machine-generated voices over traditional voice actors?
🎧 Would you listen to an AI-narrated audiobook? |
Source : CNBC
AI-powered search engine Perplexity is launching a $50 million venture fund to back early-stage startups, competing with OpenAI’s investment strategy.
🚨 Breaking News:
Perplexity is using part of its own $500M capital to invest in startups, a move that echoes OpenAI’s approach but with its own twist.
⚡ Wire Simplified:
Perplexity, valued at $9B, is launching a $50M seed and pre-seed fund.
The fund will be led by F7 Ventures founders Kelly Graziadei and Joanna Lee Shevelenko.
Unlike OpenAI’s fund, Perplexity is investing some of its own raised capital.
It’s unclear if F7 Ventures will continue separately or merge efforts into Perplexity’s fund.
AI-powered search is booming, and Perplexity is betting big on startups.
✔️ Straight to the Point:
Perplexity isn’t just building AI search—it’s investing in the next wave of startups. But will this strategy fuel its own growth or spread resources too thin?
💡 Is Perplexity smart to invest its own money into startups? |
Source : MSN
Edtech company Chegg is suing Google, claiming that AI-generated search summaries are stealing its traffic and hurting its revenue.
🚨 Breaking News:
Chegg accuses Google of unfair competition, arguing that its AI-generated answers are using third-party content (including Chegg’s) without fair compensation.
⚡ Wire Simplified:
Chegg claims Google’s AI search summaries are reducing visits to its site.
The lawsuit accuses Google of monopoly tactics and unjust enrichment.
Chegg is seeking damages and an injunction to stop Google’s practices.
Other publishers have also complained about Google’s AI in search.
Google has yet to respond to the lawsuit.
✔️ Straight to the Point:
Chegg’s lawsuit highlights the growing concern that AI-generated answers could kill website traffic. Is this fair competition or a monopoly in action?
🧐 Is Google being unfair by using AI to summarize search results? |
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Every revolution ends up devouring its own children. It will definitely be the case for the AI revolution.
Who has better Deep Research, Google or OpenAI?
Deep research generates ~10 page reports in ~15mins by scouring 100s of websites. This could replace a lot of human work. I tried both so you don't have to.
The verdict: OpenAI is faster and better quality despite being more $$
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