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Maximilian Schreiner

Max is the managing editor of THE DECODER, bringing his background in philosophy to explore questions of consciousness and whether machines truly think or just pretend to.
Maximilian Schreiner
Maximilian Schreiner View the LinkedIn Profile of Maximilian Schreiner
May 13, 2025
AI in practice
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Read full article about: Perplexity: 500 million dollar round could value AI startup at 14 billion

Perplexity, the AI startup known for its generative search engine, is reportedly close to raising $500 million in a new funding round that would value the company at $14 billion. That marks an increase of more than 50 percent since the end of 2024, according to the Wall Street Journal. Venture capital firm Accel is expected to lead the round, with partner Sameer Gandhi likely joining Perplexity's board. Perplexity offers a search engine powered by generative AI that returns direct answers with sources instead of traditional lists of links. The company is also developing its own web browser, Comet, and has released an AI assistant for smartphones. Perplexity competes with Google's AI Overviews, ChatGPT's search, and has faced criticism from publishers like the New York Times.

Comment Source: WSJ
Maximilian Schreiner
Maximilian Schreiner View the LinkedIn Profile of Maximilian Schreiner
May 12, 2025
AI in practice
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Read full article about: Lloyd’s insurers launch first AI chatbot error policies

For the first time, insurers in London’s Lloyd’s market are offering dedicated policies that cover damages caused by errors from AI chatbots. The product was developed by Armilla, a Y Combinator-backed startup, and is designed to protect companies if they get sued over faulty AI performance—such as when customers are harmed by incorrect answers or so-called "hallucinations" from a chatbot. The coverage includes legal fees and compensation payments. A recent example comes from Air Canada, where a chatbot promised a nonexistent discount that the airline later had to honor. According to Armilla, the new policy would have applied in such a case if the bot’s performance fell significantly below expectations. Karthik Ramakrishnan, Armilla’s CEO, says the goal is to make it easier for businesses to adopt AI. Traditional tech insurance often offers only limited coverage for AI-related risks, but Armilla’s policy specifically insures against performance drops in AI models.

Comment Source: FT
Maximilian Schreiner
Maximilian Schreiner View the LinkedIn Profile of Maximilian Schreiner
May 9, 2025
AI in practice
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Read full article about: Google deploys AI in Chrome to detect and block online scams

Google is now using AI models to protect Chrome users from online scams. On desktop, the company has rolled out its local Gemini Nano language model to quickly spot fraudulent websites, including ones that have never been seen before. On Android, Chrome will now warn users about suspicious notifications sent by websites. Google says these changes are part of a broader effort to improve security, which also includes the "Enhanced Protection" feature in Safe Browsing. The company reports that AI-powered systems in Google Search block hundreds of millions of scam results every day, cutting the number of fake airline support pages by more than 80 percent.

Comment Source: Google Blog
Maximilian Schreiner
Maximilian Schreiner View the LinkedIn Profile of Maximilian Schreiner
May 8, 2025
AI in practice
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Read full article about: Netflix launches ChatGPT-powered search - for iOS users only, for now

Netflix is rolling out a new search feature powered by OpenAI's ChatGPT technology, allowing users to look for content using natural language. Instead of typing in titles or keywords, people can now search with phrases like "I want something funny, but not silly." The new search is launching as a beta on iOS devices, with early tests already taking place in Australia and New Zealand, according to Bloomberg. Netflix also announced plans to automatically translate title cards into users' preferred languages. Other updates include a redesigned video homepage and a vertical short-form video feed for mobile devices.

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