Sorry I forgot....

February 13, 2024

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3 things in business today 😎 

  1. ChatGPT introduces a brand new feature:

    Soon, users will have the option to instruct ChatGPT to forget certain information or to remember specific details for future conversations. OpenAI has initiated a test by introducing new "memory" controls to a limited number of ChatGPT free and paid users today.

    This rollout will gradually expand to more users in the future, although the exact timing has not been specified. These controls empower users to explicitly direct ChatGPT to remember specific information, review what it remembers, or disable its memory feature entirely.

  2. Y Combinator startup Cambio, deploys AI bots for debt negotiation and customer interactions with banks over the phone

    Initially focused on debt negotiation, the service now offers AI technology to assist banks and credit unions with sales calls. Founded by Blesson Abraham, Cambio shifted its focus from being a neobank to helping consumers improve financial habits.

    Since 2021, Cambio has gained nearly 90,000 users and transitioned to a paid business model.

  3. FlowFi secures its initial funding to provide founders with valuable insights into their financials.

    FlowFi, a startup creating a marketplace of finance experts for entrepreneurs, secures $9 million in seed funding.

    Blumberg Capital led the round, with participation from other investors including Parade Ventures and Differential Ventures.

    Founded in 2021 by Nate Cavanaugh and J.J. List, FlowFi automates accounting functions for founders, addressing the challenge of accessing important financial metrics in real-time.

See you tomorrow!

The Business Nerd 😎