Nerdwallet, the online financial advice news site, filed to go public and revealed its revenue grew 32% in the first half of this year to $181.6 million after growing much more slowly in 2020. Nerdwallet’s IPO filing also showed that the 12 year old company was profitable until the first half of this year when a big increase in marketing expenses, aimed at driving more users, resulted in an...
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How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core. The founder and CEO of Logikcull, a San Francisco–based legal technology company, Wilson “had the exact same reaction to ChatGPT as I had to the internet browser in the early ’90s,” he said. “But this time I knew it would be even bigger than...
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How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI
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