Some new data about the usage patterns of generative artificial intelligence (AI) chatbots may have teachers taking a closer look at students’ homework. ChatGPT, the AI chatbot developed by OpenAI, is experiencing a surge in traffic at the same time students are returning to school, according to recent estimates from third-party firms, Bloomberg reported Wednesday (Sept. 20). This is raising concerns about the widespread use of the chatbot among students. Data intelligence firm SimilarWeb reported that web traffic to ChatGPT rose by about 12% last week compared to the previous week, according to the report. This increase is believed to be directly influenced by the return of students to school in the U.S

YipitData industry report shows Amazon growing share, ranking second behind The Home DepotNEW YORK, Aug. 17, 2023 /PRNewswire/ -- The home improvement industry has seen significant sales shifts towards online shopping, with generalist retailers such as Amazon making significant market share gains against specialty retail leaders such as The Home Depot. YipitData's State of the Home Improvement Industry Report provides visibility into the dynamics of the $220 billion home improvement market, covering industry trends and growth by channel, retailer and subcategory.Home improvement consumers turning to e-comm in new YipitData report; Amazon ranking #2 market share behind Home Depot. Tweet this Generalist retailers are making gains in the home improvement industry. Amazon lags Home Depot in market share by only 2.6 pp.Home improvement GMV sales growth at a modest 2-3% YoY in 1H 2023 vs 23.5% YoY in 2021.More than ⅓ of total home improvement sales in 2023 were made online. Generalist retailers, led by Amazon, are capitalizing on the shift to e-commerce.Various subcategory performance is evolving due to consumer preference changes, including hand & power tools, outdoor power equipment, and lawn & garden."Our goal is to help retailers and brands answer their key questions on evolving consumer behavior with actionable data," said Dan Pellegrinelli, VP of Research at YipitData

"The entire market is trading off of inflation and inflation expectations," says Avi Danda, Research Analyst at YipitData. "Recent CPI releases have caught many investors and management teams off guard with sustained accelerations in more volatile categories such as food & energy. Until now, there hasn't been a widely distributed source that uses alternative data to accurately track the government's data. Our goal here is to develop a product that helps our investor and corporate clients estimate the CPI numbers ahead of the monthly print, and better understand what is driving inflation month-to-month."