OpenAI Acquisition

OpenAI Acquires Crossing Minds, Boosting AI Shopping Tech

AI

Hey everyone! I've got some interesting news to share. OpenAI, the big name in AI, has just acquired the team behind Crossing Minds, an AI recommendation startup. You know, the kind that helps e-commerce sites suggest products you might actually want to buy? It's a pretty cool move.

Crossing Minds had raised over $13.5 million from some serious investors, including Index Ventures and Shopify. They were all about using AI to personalize your online shopping experience. They focused on understanding customer behavior and preferences, while also claiming to respect your privacy. I think that's really important these days.

According to Crossing Minds' co-founders, they're joining OpenAI to contribute to the development of artificial general intelligence that benefits everyone. They seem genuinely excited to be part of something bigger. I can understand that - it's a great opportunity for them.

One of the co-founders has already updated his LinkedIn profile, indicating he's now working on research at OpenAI. It's unclear whether every member of the Crossing Minds team is making the jump, but it certainly seems like a significant portion is. I'm very curious to see what their contribution will be.

It looks like Crossing Minds is no longer taking on new clients. They previously worked with companies like Intuit, Anthropic, Udacity, and even Chanel! That says something about the quality of their AI solutions, I think.

AI-powered shopping tools are becoming increasingly popular. We're seeing them everywhere, from Google to smaller startups. This acquisition comes after OpenAI updated ChatGPT to provide recommendations for products. So it looks like they are taking the competition very seriously.

I'll keep you updated as I learn more about what this acquisition means for the future of AI and e-commerce!

Source: TechCrunch