šŸ†• SearchGPT Arrives

What we know so far

Today’s Insights

  • SearchGPT is powered by Bing

  • Meta AI has 500M active users

  • Google’s hits record ad revenue

  • TikTok helps Creators manufacture products

  • Amazon is the fastest-growing major ad platform

Firstly, big congratulations to my former colleagues at Digital Marketing agency, Croud who recently sold a majority stake to continue their global expansion.

Feature

šŸ” SearchGPT: Powered by Bing but uniquely ranked

ChatGPT opened up its search feature to all Pro subscribers, with plans to gradually roll it out to free accounts too.

The search tool seems to be powered by Bing’s index, though ChatGPT isn’t simply copying Bing’s results.

OpenAI’s VP of Engineering explained, ā€œWe use a set of services, and Bing is an important one.ā€

But ChatGPT ranks content independently, so results won’t look quite the same as Bing’s.

As a practical step, you can start using (or dust off your login for) Bing Webmaster Tools to see your organic Bing performance.

Another bold move: ChatGPT released a Chrome extension that automatically changes your default browser to SearchGPT.

Read more: OpenAI

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Google & Meta

šŸ“ˆ Meta’s Q3 results show that the average price per ad jumped 11%

Also, Meta AI, a virtual assistant that appears natively in apps like Facebook and Instagram, is nearing 500 million monthly active users. As we included last week, Meta is now providing their own search results within Meta AI.

šŸ“¹ Instagram adjusts video quality based on post engagement and Internet speed

According to Adam Mosseri, when content isn’t watched frequently, Instagram may lower its quality to save resources but will boost it if views increase again.

šŸ“° Google's new AI-powered search ad tool targets low-traffic search queries

In beta, ā€˜Search Bidding Exploration’ finds low-traffic queries that are not covered by an advertiser’s existing keywords and will ā€œbid intelligentlyā€ on behalf of the advertiser.

šŸ“Š The Google Ads ā€˜optimization score’ now highlights competitors influencing performance

Advertisers can see for example that their campaigns "lost impression share due to competitive pressure from [amazon.com]ā€.

šŸ”— Google Ads confirms a pilot of a new asset type, ā€˜business links’

Google said business links can "adapt to different customer journeys to help improve your ad’s overall performance." Google confirmed business links and sitelinks can serve together or separately.

šŸ’° Google’s ad revenue hits a record quarter

Revenue reached $65.85 billion, up 10% from last year's quarter of $59.65 billion, as the wider digital ad market continues to grow.

More Headlines

šŸ“² TikTok plans to help Content Creators manufacture their own products

According to Business Insider, TikTok is connecting influencers to manufacturers to create and sell products on TikTok Shop.

šŸ“ˆ Amazon is the fastest-growing major ad platform

Amazon's Q3 earnings showed a 19% rise in ad revenue, to $14.3 billion. It is the highest ad revenue growth figure of the major tech giants — just ahead of Meta (+18.7%) and outperforming Alphabet’s Google (+10.4%) and YouTube (+12.2%).

šŸš€ LinkedIn launches post-boosting feature for lead generation

The post-boosting feature lets businesses promote organic content and optimize towards leads.

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Kole