Taking a brief break from AI news, let’s note that in-store technology and media company Mood Media has just purchased in-store ad network tech vendor Vibenomics. It’s all about the continuing boom in retail media networks.
Much speculation has been devoted to the impact on work of ChatGPT and its generative AI cousins. This Fishbowl study finds there’s more real-world experience than you might think: 43% of working professionals reported they have already used ChatGPT for work. But it’s still a bit of a secret: 68% hadn’t told their boss they were using it.
Singapore’s Sea Group founder Forrest Li has assured staff that the worst is over and that its first-ever quarterly net profit marks a turning point for the company. In a memo sent out, Li said that in the last few months, the company was forced to make difficult decisions to adapt and to put the company on a more stable footing with fewer inefficiencies.
CDP mParticle is being acquired by ecommerce platform Rokt for a price of $300 million. It’s the third acquisition of a leading independent CDP in a little over one month, following Uniphore’s purchase of ActionIQ and Contentstack’s purchase of Lytics. All three buyers offer some type of customer-facing technology; apparently they’ve decided that adding real-time profiles from CDP will give them a competitive edge. (See this blog post for more analysis.)