Alphabet, the parent company of Google, experienced a significant setback on Wednesday as its shares fell by 9.6%. In contrast, Microsoft saw a gain of 2.8% in its shares. This notable discrepancy in performance has raised concerns about Alphabet losing market share in the highly competitive cloud-computing industry to Microsoft. One of the factors hindering […]
Artificial Intelligence (AI) has become a key focus for Wall Street as companies recognize its potential impact on their bottom lines. Microsoft’s recent earnings report has served as a prime example, surpassing analyst expectations and highlighting the business implications of AI adoption. The growth in Microsoft’s revenue and profit can be largely attributed to the […]
OpenAI, a leading firm in the artificial intelligence (AI) industry, is reportedly finalizing a deal that could value the company at over an impressive $80 billion. This new valuation is nearly triple its previous one, marking a significant increase in less than six months. The deal, which is potentially spearheaded by venture firm Thrive Capital, […]
Sam Altman and Joe Rogan recently engaged in a thought-provoking discussion about cryptocurrencies and their potential impact on the global economy. Both individuals expressed disappointment in the US government’s attempts to heavily regulate the industry, highlighting the need for a global currency detached from governmental influence. Altman, in particular, emphasized the necessity for a currency […]
Jony Ive, the renowned designer behind Apple’s iconic products, is reportedly teaming up with OpenAI and Softbank CEO Masayoshi Son to develop what is being dubbed as the “iPhone of artificial intelligence.” This ambitious project has received over $1 billion in funding and aims to revolutionize the way we interact with AI. The primary objective […]
OpenAI, a leading artificial intelligence (AI) research organization, has recently secured an astonishing $1 billion in funding from SoftBank, a prominent platform company in Japan, overseeing a comprehensive telecommunications network and an internet media platform that spans the nation. This significant investment will greatly support OpenAI’s mission to ensure the safe and beneficial development of […]
Credit Sesame has made a significant stride in promoting financial health with the introduction of an AI-based platform, Sesame RingTM. This groundbreaking platform is designed to help users enhance their credit scores by offering personalized advice tailored to their unique financial behaviors. Sesame RingTM utilizes the power of machine learning to provide insights and recommendations […]
OpenAI-backed language learning app Speak has recently secured $16 million in funding to expand its services to the United States. The app, which utilizes advanced AI technology, aims to revolutionize the language learning experience by providing personalized and accessible lessons. Speak’s innovative approach to language learning sets it apart from traditional methods. The app’s AI-powered […]
OpenAI’s language model, ChatGPT, has taken the tech world by storm, propelling the company’s revenue growth towards a staggering $1 billion. This incredible achievement can be attributed to ChatGPT’s exceptional ability to generate highly accurate and contextually appropriate responses, thanks to the significant improvements made by OpenAI. OpenAI’s commitment to refining and expanding ChatGPT has […]
Estée Lauder, a renowned beauty brand, has recently partnered with OpenAI to revolutionize customer engagement through the use of artificial intelligence (AI). By utilizing OpenAI’s ChatGPT, Estée Lauder aims to offer personalized and interactive experiences to its customers through AI-powered chatbots. The integration of ChatGPT Enterprise into Estée Lauder’s communication channels allows the brand to […]