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Millennials Most Likely to Act for Sustainability: Dentsu Report

July 7, 2023
While we’re on the topic of responsible marketing, this Dentsu report finds 61% of North American consumers say their purchases are influenced by a brand’s sustainability messages.  Boomers are more likely than other groups to believe national governments are most responsible fore sustainability, but millennials are most likely to say it factors into their votes.  Millennials are also the most hopeful about the sustainability’s impact on the future.
CDPI Newsletter

OpenAI Disables ChatGPT Browse with Bing to Avoid Content Leaks

July 6, 2023
Users frustrated that ChatGPT Plus includes no information after September 2021 had the option of using a plug-in that let it browse the web through Bing.  Or they did until July 3, when OpenAI disabled the plug-in because users sometimes collected information that was supposed to be kept behind a paywall.  Add it to the list of intellectual property challenges posed training generative AI on more-or-less public data.
CDPI Newsletter

Former Fave execs launch pre-seed fund to support consumer-focused startups in Southeast Asia

July 6, 2023
Former Fave Execs Joel Neoh and Audra Pakalnyte have launched First Move, a founder-led early-stage fund, to empower consumer-focused startups across Southeast Asia. First Move said that the fund sets the bar high with its commitment to accelerate the success of early-stage consumer ventures. The fund provides vital pre-seed funding of up to US$100,000 and has a current portfolio of seven companies spanning Singapore, Malaysia, and Indonesia.
CDPI Emerging Markets

Chile’s Shinkansen closes a US$3M investment round

July 6, 2023
Shinkansen, the Chilean fintech startup, has closed a seed investment round of US$3 million led by ALLVP, a Mexican venture capital firm. The investment aims to support Shinkansen’s expansion into Mexico, Peru, and other parts of Latin America. Shinkansen aims to provide a solution for fast money transfer and transactions in the banking and fintech sectors. The company offers a unique and simple API integration that facilitates money movement in the fragmented Latin American market.
CDPI Emerging Markets