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GPT-4 Generated Pitches Increase Funding Chances 3x More Than Human Pitches

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According to a recent study conducted by Clarify Capital, using an AI chatbot to generate business pitches could increase the chances of securing investments. Using OpenAI’s GPT-4 AI chatbot to create pitch decks for investors can significantly reduce the time and resources involved in the process. The results showed that GPT-4-generated pitches were overall more effective than those made by humans, beating them in quality and key element description. Furthermore, one in five investors and business owners said that they would invest an additional $10,000 in AI-generated pitches. The survey tested the effectiveness of the decks across different industries and found that GPT-4 decks were more successful in securing investments. Although the survey doesn’t reveal which AI chatbot was used, anyone interested in trying GPT-4 can use Bing Chat for free or subscribe to ChatGPT Plus.

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Frequently Asked Questions (FAQs) Related to the Above News

What is the recent study conducted by Clarify Capital about?
The recent study conducted by Clarify Capital is about using an AI chatbot to generate business pitches and its impact on securing investments.

What is GPT-4 AI chatbot?
GPT-4 AI chatbot is an AI tool developed by OpenAI that can generate pitch decks for investors.

How can using GPT-4 AI chatbot reduce time and resources involved in the pitch deck creation process?
Using GPT-4 AI chatbot can reduce time and resources involved in the pitch deck creation process by automatically generating pitch decks, which would otherwise have to be created manually by human beings.

According to the study, which type of pitches were more effective - GPT-4 generated pitches or human-made pitches?
According to the study, GPT-4 generated pitches were more effective than the pitches made by humans in quality and key element description.

Were GPT-4 generated pitches successful in securing investments across different industries?
Yes, GPT-4 generated pitches were more successful in securing investments across different industries as per the findings of the survey.

How many investors and business owners said that they would invest an additional $10,000 in AI-generated pitches?
One in five investors and business owners said that they would invest an additional $10,000 in AI-generated pitches.

How can someone interested in trying GPT-4 use it for free?
Anyone interested in trying GPT-4 can use Bing Chat for free.

Is there a paid version of GPT-4 available?
The article mentions that one can subscribe to ChatGPT Plus for using the GPT-4 AI chatbot. However, it is not clear whether it is paid or free.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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