Friday☕️

Aug 4, 2023 • 4 min read

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ChatGPT Updates:

OpenAI has unveiled a series of updates for the ChatGPT platform, aimed at enhancing user experience and interactivity. Starting with 'Prompt examples', this feature helps users overcome the intimidation of a blank page by providing examples to kick-start conversations. The 'Suggested replies' feature takes the interaction to the next level, offering contextually appropriate ways to advance the dialogue.
A significant enhancement is the setting of GPT-4 as the default AI model for Plus users. The system will now remember the user's preferred model, removing the previous need to manually switch from GPT-3.5. Moreover, in another update to the Code Interpreter beta, Plus users can 'Upload multiple files'. This lets users ask ChatGPT to analyze data and generate insights from several files at once.
OpenAI has also improved the user login experience. The 'Stay logged in' feature extends the login duration beyond the previous 2-week limit. And when a login is required, users will be welcomed by a more inviting page. Finally, the addition of keyboard shortcuts, like ⌘ (Ctrl) + Shift + ; for copying the last code block, ensures a faster workflow. These features will be introduced over the coming week.

Amazon Earnings:

In the second quarter of 2023, Amazon reported strong performance, with both sales and profits exceeding expectations. Amazon Web Services (AWS), the company's cloud computing platform, also showed higher-than-expected growth.
Sales were reported at $131.2 billion, which is an 8% increase from the second quarter of 2022. Profits turned around significantly, with the company reporting 35 cents per share compared to a loss of 20 cents per share in the same period last year.
Looking ahead, Amazon projected Q3 revenues of between $127 million and $133 billion, suggesting a potential increase of 5% to 10%. Operating income is forecasted to be between $2 billion and $5.5 billion. The performance of AWS will be a crucial focus in future earnings reports.

Airbnb Earnings:

Airbnb exceeded Q2 expectations with earnings of 98 cents per share and a revenue of $2.48 billion. However, it fell short on bookings, reporting 115.1 million nights and experiences, an 11% increase but less than the anticipated 117.6 million.
Year-over-year revenue grew by 18% and net income climbed to $650 million from the prior year's $379 million. Gross booking value for the quarter was $19.1 billion, up 12% from last year and just over the forecasted $18.99 billion.

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