Welcome, humans.
Todayās piece clocks in at 728 wordsāabout a 3-minute read. If you're a speed-reader, make it 90 seconds; savoring a latte, maybe 5 minutes; and if kids are running around, between 3 minutes and 3 days!
Hereās what you need to know about AI today:
- Carvana cranked out 1.3 million unique customer videos using AI.
- AI is set to make hyper-personalized content a reality.
- Zoom announced its revamped, "opt-in" AI assistant.
- An AI startup that reduces chatbot hallucinations raised $4.9 million.
AI Will Usher In An Era Of Hyper-Personalization.
Carvana created 1.3 million unique customer experiences in 4 hours.
Hereās their playbook (& how you can do the same for your business):
Every Carvana journey is built different. Take Holly, a Minnesotan who bought her 2019 red Chevrolet on National Coffee Day. #goals.
Using text-to-speech and re-voicing AI, Carvana transformed an original audio clip into a tailored animated video about Holly and her red Chevy. Then they replicated this 1.3 million times for every customer.
This conveyed a deep level of customer care, and folks absolutely ate it up!
Why it matters: Thanks to AI's power to take a singular experienceālike ads, videos, or articlesāand generate infinite iterations, weāre on the brink of an age of ultra-personalization for consumers.
Weāre already seeing marketers and salespeople harnessing this to boost conversions.
Take Gan AI, a startup weāve covered that turns one real video into millions of customized versions. Using Gan, hereās what some brands have done:
- Zomato localized a commercial by dubbing it into various languages based on the viewer's geographical location.
- Alliance Group greeted each potential client by name in an introductory outreach video.
- Samsung rolled out an ad that called out nearby stores relative to the viewerās location.
You can replicate this success in your own business, but there's a crucial piece of info you must remember (read on)...
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To Personalize Content, Businesses Need To Know Who Theyāre Talking To.
Carvana had a secret weapon that made large-scale personalization a breeze: customer data: names, locations, car types, and purchase dates.
Your business needs to know who itās personalizing for.
For marketing, the landscape is challenging. Appleās new tracking policies make collecting a userās location or preferences harder, even though it feels like Alexa is always listeningā¦
But once youāve scooped up some basic info on your target, let AI step in to make every interaction seem like an exclusive one-on-one chat.
Here are some instant action steps that business operators can implement:
- Incorporate people's names in video outreach efforts.
- Generate endless ad copies, each aimed at a unique demographic.
- Make your organic video and audio content universally accessible, covering all languages and dialects.
- Send users tailor-made feature recommendations based on their specific use cases.
For more inspiration, highly recommend checking out Ganās case studies (not an ad, just big fans!).
Around the Horn.
- A deep dive into OpenAI, its founders, and mission to change everything.
- Over half of the authors of Metaās Llama ā itās open-source ChatGPT version ā have quit since March due to internal disputes.
- Zoomās rebranded āAI companionā answers questions and performs tasks from your meetings.
- Don't miss this premier AI hackathon for women in Silicon Valley in November!
Wednesday Wirings.
- AI21 Labs, which builds AI models and products, raised $155 million.
- Speak, an AI language learning platform, raised $16 million.
- Voxel, a computer vision AI that helps manage risk, raised $12 million.
- Gleen, which helps businesses reduce hallucinations, raised $4.9 million.
- BeFake, an social media app with AI-generated photos, raised $3 million.
We curated the top 27 tools you need for work in our āTop Tools For Businessā!
A Cat's Commentary.
Thatās all for today, for more AI treats, check out our website.
See you cool cats on Twitter: @nonmayorpete & @noahedelman02