Category: gpt-3

Unbounce snags Snazzy.ai to add automated copywriting to platform



Unbounce, a Vancouver startup best known for helping marketers create automated landing pages, added a new wrinkle this morning when it announced it has acquired Snazzy.ai, an early stage automated copywriting startup. The two companies did not share the terms.

Unbounce Chief Strategy Officer Tamara Grominsky says that her company focuses on helping customers convert their customers into sales, and with Snazzy, it gets some pretty nifty technology based on GPT-3 artificial intelligence technology.

“We’re focused right now on building conversion intelligence software that will allow marketers to work with machines to really unlock their true conversion potential, […] and we saw a huge opportunity with Snazzy to focus particularly on the content creation and copy creation space to help us accelerate that strategy,” Grominsky explained.

She points out that the product is really aimed at the marketing generalist charged with overseeing landing pages, and who is responsible for a range of tasks including writing copy. “The average Unbounce customer isn’t a specialized copywriter, so they don’t spend [their work] day writing copy. They’re what we would consider a marketing generalist or really someone who’s responsible for a wide range of marketing responsibilities,” she said.

Snazzy co-founder Chris Frantz says the tech is really about getting people started, and then they can tweak the results as needed. “The hardest part has always been to get that first line, that first page, the first couple of words in — and (Read more...)

Unbounce snags Snazzy.ai to add automated copywriting to platform



Unbounce, a Vancouver startup best known for helping marketers create automated landing pages, added a new wrinkle this morning when it announced it has acquired Snazzy.ai, an early stage automated copywriting startup. The two companies did not share the terms.

Unbounce Chief Strategy Officer Tamara Grominsky says that her company focuses on helping customers convert their customers into sales, and with Snazzy, it gets some pretty nifty technology based on GPT-3 artificial intelligence technology.

“We’re focused right now on building conversion intelligence software that will allow marketers to work with machines to really unlock their true conversion potential, […] and we saw a huge opportunity with Snazzy to focus particularly on the content creation and copy creation space to help us accelerate that strategy,” Grominsky explained.

She points out that the product is really aimed at the marketing generalist charged with overseeing landing pages, and who is responsible for a range of tasks including writing copy. “The average Unbounce customer isn’t a specialized copywriter, so they don’t spend [their work] day writing copy. They’re what we would consider a marketing generalist or really someone who’s responsible for a wide range of marketing responsibilities,” she said.

Snazzy co-founder Chris Frantz says the tech is really about getting people started, and then they can tweak the results as needed. “The hardest part has always been to get that first line, that first page, the first couple of words in — and (Read more...)

Forget medicine, in the future you might get prescribed apps



Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

Natasha and Danny and Alex and Grace were all here to chat through the week’s biggest tech happenings. This time around we had whatever passes for a quiet week as far as news volume. But that still meant we had to cut stuff and move the rest around. But, once we got done editing the notes doc down, here’s what was left over:

Okay, the GPT-3 hype seems pretty reasonable



This morning TechCrunch covered an interesting round for Copy.ai, a startup that employs GPT-3 to help other companies with their writing projects. GPT-3, or Generative Pre-trained Transformer 3, is a piece of AI from the OpenAI group that takes text from the user, and writes a lot more for them.

As part of the process of covering the Copy.ai round, I got caught up in the idea of AI-powered writing. I’ve long been more curious than afraid of automated writing. So when the Copy team described their very positive impressions of the GPT-3 AI writing tool to TechCrunch during an interview, I was intrigued.

To scratch this newly-formed itch, I doodled around this morning with a competitor of sorts to the Copy team , Headlime. And, freaking heck am I am impressed at what folks have managed to build around the GPT-3 technology.

Sure, GPT-3 can add words to a prompt. But the technology can do a lot more than that. The GPT-3-powered Headlime managed to not only write some medium-good stuff for me, but also managed bring in concepts concerning my reporting beat that were in my head but not in the prompts I provided.

I can’t do better than just show you what I mean. So, here’s what happened when I used Headlime for the first time, sans help.

Here’s the first thing that Headlime showed me, a language selector and a request for a description of the post that I wanted to write. I (Read more...)

Writing helper Copy.ai raises $2.9M in a round led by Craft Ventures



Copy.ai, a startup building AI-powered copywriting tools for business customers, announced a $2.9 million round this morning. The investment was led by Craft Ventures. Other investors took part in the deal, including smaller checks from Li Jin’s newly-formed Atelier Ventures, and Sequoia.

The startup is notable for a few reasons. First for its model of building in public. I initially heard of the company through its monthly updates that it posts on Twitter. Thanks to that, I can tell you that Copy.ai generated monthly recurring revenue (MRR) of $53,600. That figure, up 46% from January, works out to annual recurring revenue (ARR) of $643,200.

Copy.ai also shares usage numbers, and, humorously, the number of Twitter followers that its founder Paul Yacoubian picked up in the last month.

The startup is also worth watching because it is part of a growing cohort of companies building atop GPT-3, what its progenitor the OpenAI project describes as an “autoregressive language model with 175 billion parameters.” More generally, it’s a piece of AI that can generate words.

Some investors are rather bullish on startups using the technology. Recently on TechCrunch, for example, Madrona’s Matt McIlwain wrote that “the introduction of GPT-3 in 2020 was a tipping point for artificial intelligence” that will lead to “the launch of a thousand new startups and applications.”

So far that’s holding up. Not only has Copy.ai managed to find early in-market traction, TechCrunch has covered a number of other startups busy leveraging GPT-3, including OthersideAi (Read more...)

Some Thoughts on GPT-3



By now, if you are in tech and haven’t been on an extended Techmeme and Twitter break you have heard about GPT-3 a new and massive language model developed by OpenAI. I have played around with it a bit myself and its capabilities are impressive. Here are some thoughts.

The model perfectly illustrates the ever moving bar on what we consider artificial intelligence. Not that long ago facial recognition didn’t work at all, now computers routinely outperform humans. Putting together more than a couple of new sentences that actually made sense was a really challenging problem, GPT-3 routinely cranks out multiple paragraphs. “But it doesn’t understand the sentences” is the immediate objection often heard. Of course “understanding” is as poorly defined a term as “intelligence” so that objection really doesn’t do much.

Instead, a better way of thinking about these capabilities is to consider where and how they can be deployed instead of using humans. One obvious example would be customer support. A customer writes in and someone needs to write an answer. I am not suggesting that anyone should send out GPT-3 produced answers without checking them first, but the number of customer support requests that someone might be able to handle using GPT-3 could go up tremendously. Another great example is producing UI code. This is often a labor intensive part of projects and a lot of engineers dread it as it’s not exactly solving fun problems but rather wrestling with the idiosyncrasies of different platforms. There are already several early (Read more...)