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šŸ˜ŗ One ad, 1.3 million versions

PLUS: How businesses can hyper-personalize user experiences with AI.

Welcome, humans.

Todayā€™s piece clocks in at 728 wordsā€”about 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!

Hereā€™s 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.

Hereā€™s 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 experienceā€”like ads, videos, or articlesā€”and generate infinite iterations, weā€™re on the brink of an age of ultra-personalization for consumers.

Weā€™re already seeing marketers and salespeople harnessing this to boost conversions.

Take Gan AI, a startup weā€™ve covered that turns one real video into millions of customized versions. Using Gan, hereā€™s 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 viewerā€™s 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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Itā€™s absolutely mind-boggling and absolutely something we want first dibs on.

To Personalize Content, Businesses Need To Know Who Theyā€™re 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 itā€™s personalizing for.

For marketing, the landscape is challenging. Appleā€™s new tracking policies make collecting a userā€™s location or preferences harder, even though it feels like Alexa is always listeningā€¦

But once youā€™ve 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 Ganā€™s 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 Metaā€™s Llama ā€” itā€™s open-source ChatGPT version ā€” have quit since March due to internal disputes.

  • Zoomā€™s rebranded ā€œAI 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.

  1. AI21 Labs, which builds AI models and products, raised $155 million.

  2. Speak, an AI language learning platform, raised $16 million.

  3. Voxel, a computer vision AI that helps manage risk, raised $12 million.

  4. Gleen, which helps businesses reduce hallucinations, raised $4.9 million.

  5. BeFake, an social media app with AI-generated photos, raised $3 million.

We curated the top 27 tools you need for work in our ā€œTop Tools For Businessā€!

A Cat's Commentary.

Thatā€™s all for today, for more AI treats, check out our website.

See you cool cats on Twitter: @nonmayorpete & @noahedelman02

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