REVTECH WEEKLY ROUNDUP
Remember the first iteration of QR codes? Their adoption was slow and painful. You had to download a QR code reader. Then you pointed your camera at the QR code and it usually took you to a website formatted for desktop, so you couldn’t make out any of the tiny print and generally abandoned the futile mission.

Then came the pandemic and, all of a sudden, you had to scan a QR code just to see the menu! That’s QR code 2.0 – mission critical – where QR code 1.0 was just a bother.

It’s the same thing today with chatbots. The first iterations, over the past several years, existed as a dreaded icon on your favorite ecommerce websites, and you knew they weren’t there to serve you, but instead were there to help the merchant automate at your expense.

That was chatbot 1.0, but now it seems we’ve entered the era of chatbot 2.0. According to an article in Retail Brew, “the scripted bots of just a few years ago are out, and there’s a new robot in town.” These new bots us a branch of AI called Natural Language Processing, or NLP, and they’re much more capable of pulling off a natural conversation.

WHAT'S NEWS IN RETAIL & TECH
1 big thing: Chatbots trigger next misinformation nightmare

New generative AI tools like OpenAI's ChatGPT, Microsoft's BingGPT and Google's Bard that have stoked a tech-industry frenzy are also capable of releasing a vast flood of online misinformation...

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www.axios.com
Analyzing OpenAI's investment strategy | CB Insights

By investing in the next generation of AI startups, OpenAI could cement its status as the go-to AI model developer - and chart a course toward profitability. We break down where it's investing and the areas it could target next.

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www.cbinsights.com
The key uses of AI in retail may surprise you

If you're hearing a lot of chatter about artificial intelligence in your local coworking space, gym, or bar this week, it's probably in the context of conversational chatbot ChatGPT. But asking the very impressive conversational AI to write a...

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www.retailbrew.com
Expanding on Sequoia's generative AI market map: The 250 ...

We mined the CB Insights database to map 250 startups across 45 different categories, from protein design to patent generation, building on Sequoia Capital's recent work in this fast-growing space. The field of generative AI - and the hype around ...

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www.cbinsights.com
WSJ News Exclusive | Barnes & Noble Takes Page From...

Barnes & Noble is launching a $40-a-year membership program that promises to offer 10% discounts, free shipping, a tote bag and bigger lattes to its members. In asking customers to pay an annual fee for a range of perks, the largest bookstore...

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www.wsj.com
PORTFOLIO SPOTLIGHT
This week we want to celebrate one of our favorite Dallas-based portcos, Gardenuity and highlight their new program Turning "Lemons into Lemondade," where they will be shinning a light on extraordinary women over 50!
Lemons-to-Lemonade: In Celebration of Women "Past Their...

Gardening for Wellness Company Founded by Two Women in Their 50s Seeking Stories of Women who are Making a Difference and Rewarding Them with "Lemon to Lemonade" Gardens DALLAS, TEXAS, February 22, 2023- CNN "This Morning" co-host Don Lemon hit a ...

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blog.gardenuity.com
Gardenuity is a recognized leader in gardening for wellness, helping individuals and organizations improve well-being, performance, mental health, and nutritional wellness.

UPCOMING EVENTS
3-30 8:00AM - 9:00AM

Monthly Mentor Meetups are back in full swing. This month come catch up over breakfast and mingle with some of RevTech's top entrepreuners.

Location: Dallas, TX
3-09 12:00p - 2:00p

Introducing! RevTech Virtual Office Hours. A chance to pitch your ideas to the RevTech community and receive some feedback.

Location: Virtual

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