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AI chatbots are already being used to send custom email pitches. It shows how AI like ChatGPT may soon play a significant role in business, with companies like Salesforce and Microsoft beginning to offer tighter integration between the chatbot and their software.

A recent viral Tiktok showed how it’s possible to use ChatGPT integrated with Google Sheets to write ten custom LinkedIn messages to executives asking for a meeting. It identified different potential companies in an industry and their CEOs, and generated different outreach notes for each one, including a unique question to ask.

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“I think we’re at a very interesting inflection point of how we’ll begin to use AI in the future in our day-to-day lives that wasn’t as easily accessible even six months ago, before ChatGPT was more readily available to the public,” said Alex Klufas, a creator who makes videos focused on working in the tech industry.

The video — and previous viral posts displaying similar techniques — clearly struck a nerve, with 2.5 million views, and scores of comments asking how it worked.

Generative AI and tools using large language model (LLM) techniques like ChatGPT have led to a boom as big tech companies and startups alike race to integrate software capable of producing content that resembles something a human would write.

Few LLM-based products are actually making money. Microsoft and Google are working to integrate next-level chatbots into search engines. Companies are working on using these bots to write marketing copy or computer code.

There’s one particularly promising application that could be commercialized in the near future: Using the power of a chatbot to quickly write and automate emails with a little bit of personalization, perhaps for sales, marketing, or personal networking. Microsoft and Salesforce announced new products this week with that exact feature.

Financial analysts at Credit Suisse pointed to email generation several times in a note earlier this month as a concrete and near-term use for the technology. The analysts estimated Microsoft’s recently announced generated AI sales features could help it take market share and potentially add over $768 million in annual revenue.

Products coming to market

On Tuesday, Salesforce announced its LLM product called EinsteinGPT, which uses an OpenAI ChatGPT model. It can automatically write marketing emails — a logical integration because Salesforce’s main product is a web app that keeps track of how often salespeople contact leads.

In a tweet on Tuesday, Salesforce CEO Marc Benioff demoed the software, using it to identify two contacts at a company, then automatically generating a one-sentence email trying to arrange a meeting. In the demo, EinsteinGPT softened the cold outreach email after the user told the software to be less formal.

Salesforce hasn’t set a price for the tools yet but said it’s in testing now with pilot customers.

Microsoft announced on Monday that it would integrate generative AI based on ChatGPT into a set of tools for business called CoPilot. One of its primary features is using AI to generate emails.

In a demo video, Microsoft showed the feature integrated into an Outlook mailbox and provided examples of using it to reply to a request for proposal, or to suggest a meeting time with a customer.

In the example, an inbound email wanted to follow up on a potential sales deal, and Microsoft’s feature offered four different draft replies, including one that offered a discount and another that addressed a concern.

Microsoft says that its AI email writer can take important context from the email thread, like the price that was previously discussed, and stick it in the response drafted by AI. In the example provided by Microsoft, the user takes the AI draft and edits it before sending it.

Microsoft’s feature is currently in beta testing, but will be released to customers of Microsoft’s Viva Sales feature on March 15, the company said on Monday.

Some startups have even trained their sights on developing customized AIs that can respond to messages the same way that their owner would, by analyzing a user’s previous email and text interactions and integrating it into a personalized AI model.

“The benefit is people who would want to communicate with you where you don’t have time to get back to them, where you don’t have time to offer your mind,” said Suman Kanuganti, founder of personal.ai, a chatbot currently in beta mode. “In those scenarios, you can choose to either have your AI help you in co-pilot mode or offer [automatic] responses to them in autopilot mode.”

Shortcomings

Some worry that the ability to generate email text could be abused to spam people and that chatbots could be used to phish for people’s private passwords.

“We could see mass targeted messages and spam indistinguishable from dedicated email,” JPMorgan analysts wrote in a note this month that examined the AI industry.

ChatGPT is also prone to “hallucinating,” or making stuff up. It merely predicts what the next word or part of a phrase should be based on statistics, and doesn’t know whether it’s correct or not.

Microsoft said in its announcement that it would use data from its software to ground the replies in facts, and has a thumbs-down button so users can tell the bot that a response was unhelpful. That helps train the model to avoid the same mistake in the future. A Salesforce executive previously told CNBC that it was moving as quickly as it could without compromising a responsible, ethical approach.

But the limits of ChatGPT were clearly visible in the viral TikTok video. While some recommendations were correct, several of the CEOs ChatGPT recommended for outreach were either former CEOs or are not currently an executive at the company. While the text for the cold outreach looked appropriate, it would still likely require a human to make sure everything was actually right.

“I think anyone using this technology, as nascent as it is, has to do that due diligence,” Kluflas said. She didn’t end up sending the notes generated by ChatGPT because she’s not currently looking for a job.

But she’s still excited about using ChatGPT to help her make TikToks and other content for social media. Her latest application is to use ChatGPT to produce TikTok captions packed with the keywords that make her videos easier to find online.

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Bitcoin drops below $98,000 as Treasury yields pressure risk assets

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Bitcoin drops below ,000 as Treasury yields pressure risk assets

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Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.

The price of the flagship cryptocurrency was last lower by 4.8% at $97,183.80, according to Coin Metrics. The broader market of cryptocurrencies, as measured by the CoinDesk 20 index, dropped more than 5%.

Crypto stocks Coinbase and MicroStrategy fell more than 7% and 9%, respectively. Bitcoin miners Mara Holdings and Core Scientific were down about 5% each.

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Bitcoin drops below $98,000

The moves followed a sudden increase in the 10-year U.S. Treasury yield after data released by the Institute for Supply Management reflected faster-than-expected growth in the U.S. services sector in December, adding to concerns about stickier inflation. Rising yields tend to pressure growth oriented risk assets.

Bitcoin traded above $102,000 on Monday and is widely expected to about double this year from that level. Investors are hopeful that clearer regulation will support digital asset prices and in turn benefit stocks like Coinbase and Robinhood.

However, uncertainty about the path of Federal Reserve interest rate cuts could put bumps in the road for crypto prices. In December, the central bank signaled that although it was cutting rates a third time, it may do fewer rate cuts in 2025 than investors had anticipated. Historically, rate cuts have had a positive effect on bitcoin price while hikes have had a negative impact.

Bitcoin is up more than 3% since the start of the year. It posted a 120% gain for 2024.

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Hims & Hers donates $1 million to Trump’s inauguration fund

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Hims & Hers donates  million to Trump's inauguration fund

Hims & Hers Health has donated $1 million to President-elect Donald Trump’s inauguration fund, CNBC confirmed Tuesday.

The company, which offers a range of direct-to-consumer treatments for conditions like weight loss, erectile dysfunction and hair loss, is the latest in a string of tech companies that have tried to curry favor with the incoming administration. OpenAI CEO Sam Altman and Meta both announced $1 million donations to the inaugural fund late last year, and Amazon and Apple CEO Tim Cook have also reportedly contributed.

“At Hims & Hers, we stand with leaders and advocates who are committed to improving America’s broken healthcare system,” the company said in a statement to CNBC.

Axios first reported Hims & Hers’ donation.

Hims & Hers was a breakout star in the digital health sector last year, largely thanks to the success of its popular new weight loss offering.

The company began prescribing compounded semaglutide through its platform in May after launching a weight loss program late in 2023. Semaglutide is the active ingredient in Novo Nordisk‘s blockbuster medications Ozempic and Wegovy, which can cost around $1,000 a month without insurance. Compounded semaglutide is a cheaper, custom-made alternative to the brand drugs and can be produced when the brand-name treatments are in shortage.

The future of compounded GLP-1s in the U.S. is not entirely clear, especially as members of Trump’s circle have expressed conflicting opinions about the drugs more broadly. Robert F. Kennedy Jr.,  Trump’s pick to lead the Department of Health and Human Services, has criticized GLP-1s. He told CNBC in an interview that “the first line of response” to obesity should be lifestyle changes, though he added that “GLP drugs have a place.”

Dr. Marty Makary, Trump’s pick to lead the Food and Drug Administration, has served as an executive of the telehealth company Sesame, which connects consumers to physicians who can prescribe compounded GLP-1s. However, Makary’s role at Sesame has been mostly ceremonial in recent years. 

Elon Musk, the Tesla CEO who has been a close confidant of Trump’s since the election, has openly expressed his support for the medications.

“Nothing would do more to improve the health, lifespan and quality of life for Americans than making GLP inhibitors super low cost to the public,” Musk wrote in a post on his social media platform X in December.

At an event with reporters in New York City late last year, which was attended by CNBC, Hims & Hers said it would work with the incoming administration and share the company’s point of view about the value of the medications.

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Meta scraps fact-checking program, brings back political content

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Meta scraps fact-checking program, brings back political content

Meta on Tuesday announced it will eliminate its third-party fact-checking program to “restore free expression” and move to a “Community Notes” model, similar to the system that exists on Elon Musk‘s platform X.

The company said Community Notes will be written and rated by contributing users to provide more context to posts across its platforms, and the feature will roll out in the U.S. over the next couple of months. The announcement marks Meta’s latest attempt to smooth over relations with Republican President-elect Donald Trump before he takes office.

“We’ve reached a point where it’s just too many mistakes, and too much censorship,” Meta CEO Mark Zuckerberg said Tuesday in a video announcement. “The recent elections also feel like a cultural tipping point towards once again prioritizing speech, so we’re going to get back to our roots and focus on reducing mistakes, simplifying our polices and restoring free expression on our platforms.”

Zuckerberg said the third-party fact-checkers have been “too politically biased” and have “destroyed more trust than they’ve created, especially in the U.S.”

Meta said it will simplify its content policies by removing restrictions on subjects like immigration and gender and implement a new approach to policy enforcement that will focus on illegal and high-severity violations. The company is moving its trust and safety and content moderation teams from California, a historically Democratic state, to Texas, a historically Republican state.

“We’re going to work with President Trump to push back on governments around the world that are going after American companies and pushing to censor more,” Zuckerberg said.

Federal Trade Commission Chair Lina Khan addressed Meta’s announcement in an interview Tuesday on CNBC’s “Squawk Box,” stating, “We should have an economy where the decisions of a single company or a single executive are not having extraordinary impact on speech online.”

Joel Kaplan, Meta’s head of global policy, appeared Tuesday on Fox News’ “Fox and Friends” and said Meta thinks the Community Notes system on Musk’s platform X has been working “really well.” Musk, who has been a vocal advocate for Trump online and donated millions of dollars to his campaign, has been in close contact with the president-elect since the election.

Last week, Meta said that Kaplan would become the company’s top policy officer, succeeding Nick Clegg, who was a former British deputy prime minister and a leader of Britain’s centrist Liberal Democrats party.

Kaplan, who has held several policy-related positions at Meta since joining the company in 2011 when it was still named Facebook, is well known within the Republican Party. He was a White House deputy chief of staff under former President George W. Bush and also once worked as a law clerk for former Supreme Court Justice Antonin Scalia.

In December, Kaplan revealed in a Facebook post that he joined Vice President-elect JD Vance and Trump during their recent visit at the New York Stock Exchange.

“We want to make it so that, bottom line, if you can say it on TV, you say it on the floor of Congress, you certainly ought to be able to say it on Facebook and Instagram without fear of censorship,” Kaplan said Tuesday.

Meta’s Oversight Board, which provides an independent check of the company’s content moderation, lauded the company’s changes on Tuesday.

“The Oversight Board welcomes the news that Meta will revise its approach to fact-checking, with the goal of finding a scalable solution to enhance trust, free speech and user voice on its platforms,” the board told CNBC in a statement, adding that “specifically in the United States, rightly or wrongly, Meta’s previous approach has been perceived as politically biased by many of its users.”

Prominent Republican lawmakers have previously criticized Meta and other technology companies for allegations regarding the censorship of conservative voices on their respective platforms. For instance, House Judiciary Chair Jim Jordan, R-Ohio, subpoenaed Zuckerberg and other tech CEOs in 2023 as part of a probe to “understand how and to what extent the Executive Branch coerced and colluded with companies and other intermediaries to censor speech.”

Zuckerberg has had a rocky relationship with Trump over the years, with the president-elect more recently describing Facebook as an “enemy of the people” in a March interview with CNBC. Meta levied a two-year suspension on Trump’s Facebook and Instagram accounts in 2021 shortly after the company determined that the former president’s actions following the Jan. 6 insurrection in Washington, D.C., could potentially incite more violence.

In 2023, Trump was able to regain access to his Facebook and Instagram accounts, but he also faced some restrictions and potential penalties if he were to violate the company’s community guidelines. Meta eventually removed Trump’s account-related restrictions in July during the lead-up to the 2024 U.S. presidential election.

The company has taken additional steps to appease the incoming administration in recent months. On Monday, Meta announced Dana White, CEO of the Ultimate Fighting Championship and a longtime friend of Trump, is joining its board.

Following Trump’s presidential victory in November, Zuckerberg joined a number of other big technology executives who visited the president-elect at the Mar-a-Lago resort in Palm Beach, Florida, and in December, Meta confirmed a $1 million donation to Trump’s inaugural fund.

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