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Introducing ChatGPT’s New Feature: Conversation Recall

The new memory feature can recall past interactions for personalized assistance. OpenAI claims privacy has not been compromised.

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introducing chatgpt's new feature conversation recall

Interacting with AI chatbots has often presented a challenge: once a conversation concludes, all context is lost. The AI fails to retain pertinent details, hampering its potential as a true digital assistant capable of providing personalized guidance.

OpenAI has now addressed this limitation by introducing a memory feature to ChatGPT, enabling the bot to recall important information from past interactions and utilize it in subsequent queries.

openai chatgpt manage memory

The mechanism is straightforward: users can prompt ChatGPT to remember specific details, such as a child’s peanut allergy or an email signature preference. Subsequently, the bot stores this information and applies it to future interactions and tasks.

Furthermore, the system accumulates knowledge organically over time, enhancing its understanding of user preferences and requirements.

Each custom GPT instance, like Books GPT, maintains its distinct memory, enabling more tailored experiences. For instance, Books GPT can recall previously read books and preferred genres. This feature is particularly beneficial for those using the diverse range of chatbots available in the GPT Store.

Also Read: Joby To Launch High-Speed Air Taxi Service In Dubai

Although no different to the data storage practices of Google and others, concerns regarding privacy persist. OpenAI assures users of control over ChatGPT’s memory, with sensitive topics such as health data not automatically retained. Users can instruct the bot to forget information, supplemented by subtle adjustments accessible through the Manage Memory tab in the settings. For those uncomfortable with the concept, the option to disable the feature entirely also exists.

Currently in beta, the memory feature is being gradually introduced to a limited number of ChatGPT free and Plus users, with plans for broader availability in the future. In the interim, those intrigued by the concept can glimpse into a future that’s beginning to look a lot like the movie “Her”.

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Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

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mamo completes $3.4 million funding round to enhance fintech services
Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.

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