OpenAI Launches ChatGPT Wallet and More AI News

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Welcome to the podcast. Today on the show, we're talking about OpenAI, which has just launched ChatGPT Wallet. It's an agent that essentially allows agents to purchase using Visa MasterCard and American Express. We also have Google, which is opening pre-orders for Gemini-powered glasses. We have Cerebrus, who has just posted a record Q3 profit, and they are guiding Q4 to as much as $330 million. I think the entire sector there is going to be seeing some incredible growth. OpenAI is backing a bipartisan bill to tighten Chinese AI chip export controls. We have a whole bunch of nonprofits that are suing OpenAI, Google, Anthropic and Meta, and they want them to halt all frontier AI development. Pretty wild story right there. SpaceX is planning more than $74 billion in AI supercomputing campuses in Texas and Arizona. We'll cover some of those deals. And we have a big raise, $1 billion Series A from Mirandil. And they have been led by Kleiner Parkins and Clear Lake. So top tier VCs put in a billion dollars in for a new AI research lab. So exciting to see some new stuff coming down the pipe. I'll get into all of that. Before we do, I wanted to mention, if you want to grow or scale your business, if you have one or a side hustle with AI, I'd love for you to go check out the AI Hustle School Community. Every single week, I post in there breaking down different side hustles I have, different businesses I have, all of the AI strategies, tools and processes I set up to grow and scale my business with AI. We have over 1300 members, and it is an incredible place to learn from other people working in the industry, what's working right now, how to grow and scale my goal. It's $19 a month, but my goal is that you'll be making $10,000 a month in additional income on your business or on a new side hustle with a lot of these strategies. So if you're interested in it, go check out the AI Hustle School Community. I'll leave a link in the description to it. Let's get into the episode. First thing I wanted to cover today was just the new ChatGPT Wallet that has dropped today. This is a cool feature. And for those that don't know, there's a ton of new tools that have been coming out recently. We have GrokBots, we have MetaDot, or we have OpenAI Dots, we have Meta's Muse, a lot of these different agents that can go around and do things. And one of the things that people are excited about is their ability to go and actually make purchases. So if you are a US pro subscriber, you're gonna get basically, it's like a quote unquote tokenized card. It needs biometric approval. So it's gonna use like the Apple Face ID or the fingerprint for every single purchase. But you can go tell your dot to go buy airline tickets, go buy purchase tickets, and it's gonna actually work with American Express, MasterCard or Visa. So it's gonna have actual cards that can go make those purchases. Now, those actual cards, none of the details of those cards can get passed along to the actual company that's processing the payments. And so with that, it's less risk for fraud, like an agent, or I guess less risk for an agent accidentally leaking your credit card details. That's what they're trying to get around here. And it's interesting because I've heard a lot of startups working on this particular problem, but it feels like OpenAI just decided this was something that they had to do themselves. You obviously have to be over 18 years old in order to do this.

And OpenAI is not taking any cut of wallet transactions at launch, which is different than Meta's Muse. This is literally what I've heard Mark Zuckerberg say his monetization method for Meta Muse is they'll take a percentage of all transactions that go through the Muse platform. Although they do have a 20 dot subscription here that's rolling out for some of the more advanced feature. So perhaps Zuckerberg and Meta will switch gears and focus a little bit on that. Partners right now, they have a bunch of payment providers. They have Aiden, checkout.com, Stripe, and then a couple of fraud firms. They have Ford or Risky Feed, Sardine and Signified. All of them are working on this. So overall, I think this is exciting step. It's kind of funny because we also have United Airlines and we have eBay and we have a bunch of other, you know, Amazon that all famously block bots from purchasing software services on their platform, which again, funny because I'm just going to probably use other services if I can't, you know, use AI to help me get my job done faster. But overall, this is going to be an interesting moment. Google has just opened pre-orders for Gemini-powered glasses. They're doing this with Warby Parker and Gentle Monsters. So they have Samsung working on this. They have these frames. They started about $400, they weigh about 41 grams and they go on sale in stores and online on December 10th. So just in time for the Christmas rush. If you go and look at their website, it's incredibly well made. They have shaded glasses. They have just clear glasses. They have a camera. So it's basically just like what Meta has done. But they have a camera. And I remember being at Google IO a couple of years ago and seeing them demo some of this. But basically if you're driving with or you're going down the street with your glasses, you can talk to it. You can say, hey Gemini, take a video. Hey Gemini, what am I looking at? Hey Gemini, give me Google Maps to where I need to go. Or if you're at a restaurant and the menu is in another language, maybe you're traveling, you say, hey, translate this for me. And it can translate.