April 5, 2024 11:46 pm

David Wadler

Hope your week is going Vendorfully thus far. Are you ready to dive into this week’s AI news? All you need is two minutes.

Let’s go!


AI News

  • Apple eyes AI robots
  • Google considers paid search
  • OpenAI can clone your voice super quickly

In the News

🏡 Sorry, it’s not a Roomba that can carry human passengers

After dropping plans for an Apple automobile, the iPhone maker is reportedly developing AI-powered robots for home use. This project is still in the early stages and could be abandoned, but it appears to be Apple’s next big focus after they ended their electric car project. The robots could potentially follow users around the house or move displays. Apple is hiring for robotics engineers and researchers to develop these robots and the AI that will control them. This could signal a shift towards more AI-powered products from Apple in the future.

💰 That’s gonna cost you…maybe

Google is contemplating a fee-based system for its new, (and importantly) expensive AI search features, reflecting a trend across the AI industry. This shift is driven by the enormous cost of running powerful AI models, forcing companies to explore subscriptions (like Google’s potential plan) or alternative revenue models (like Microsoft’s free, browser-tied AI features). In theory, this could lead to a tiered system where users who pay more get access to more advanced AI tools, but it is an open question whether users will be willing to open their wallets for search.

💽 Talking to yourself

It wasn’t that long ago that getting your computer to simply understand your voice — not even mimic it — took 20 minutes of reading canned text. OpenAI developed a new voice cloning system called Voice Engine that can create realistic voices from just 15 seconds of audio. They are being cautious about releasing it due to potential misuse like scams or impersonating political figures…not to mention the impact on comedic impressionists. On the positive side, it could be used for reading assistance, translation, or helping people who are losing their voice.

What’s new?

AI-Driven RFP Tools: The Future of Proposal Management

Responding to RFPs (Request for Proposals) is a time-consuming and frustrating process for businesses. Sales teams struggle to find relevant information and meet deadlines, while subject matter experts are pulled away from core tasks. AI-driven RFP tools are revolutionizing this process by automating information gathering and generating draft responses. These tools use natural language processing to understand RFP questions and find the most relevant information within a company’s knowledge base. This frees up valuable time and resources, allowing businesses to respond to RFPs faster and more effectively.

AI is transforming the future of RFP responses. We can expect to see even more sophisticated capabilities emerge, such as AI that can generate compelling narratives and identify patterns in historical RFP data. This will lead to more targeted and persuasive responses, giving businesses a competitive edge. However, it’s important to consider potential risks like data privacy and the “black box” nature of some AI systems. Transparency and human oversight will be crucial to ensure AI is used responsibly and effectively.

Want to learn more? Take a look at the full post.

Drowning in RFPs, RFIs and DDQs?

If you’re wasting time fighting with giant and/or frequent questionnaires, let’s talk.

There’s no hard sell. Just tell us about your challenges and we’ll explore what the best options are for you and your organization.

Curious but don’t want to talk to a human?

Check out our 7-Minute Onboarding Video

About the Author

David Wadler is a co-founder and Chief Revenue Officer at Vendorful. Prior to Vendorful, he was the General Manager for Rich Media & Cloud at Lexmark Enterprise Software, where he was responsible for strategic direction of Lexmark’s initiatives as they related to rich media and cloud products. He came to Lexmark in 2013 with the acquisition of Twistage, where he was a co-founder and CEO. Prior to Twistage, he worked in a variety of industries and roles while trying to figure out what he was supposed to do with himself. David is a holder of a degree in economics from Brown University and is a resident of New York City.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}