BofA Discovers Sluggish Growth in ChatGPT App Downloads

BofA Discovers Sluggish Growth in ChatGPT App Downloads

Sam Altman, CEO of OpenAI Win Mcnamee | Getty Images News | Getty Images While AI continues to capture attention in the technology industry, OpenAI’s ChatGPT is not currently positioned to challenge Google’s dominance as the search engine leader, as per a new analysis from Bank of America Securities. Bank of America analyst Justin Post …

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China abruptly cancels planned Beijing visit of key European Union diplomat

China abruptly cancels planned Beijing visit of key European Union diplomat

High Representative for Foreign Affairs Josep Borrell’s planned visit to China has been unexpectedly canceled, without any specific reason provided. Borrell was initially scheduled to visit Beijing in April for the annual EU-China strategic dialogue with Chinese Foreign Minister Qin Gang, but the trip was postponed after Borrell tested positive for Covid-19. The new dates …

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China imposes restrictions on chipmaking metals amid tech conflict with U.S. and Europe

China imposes restrictions on chipmaking metals amid tech conflict with U.S. and Europe

China’s commerce ministry announced on July 3 that it would be imposing export restrictions on gallium and germanium, two crucial metals in the production of semiconductors. This move further intensifies the ongoing technological trade war between China, Europe, and the United States regarding access to microchips. Under the new regulations, exporters will be required to …

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Analysts Express Doubts about Meituan KeeTa’s Position in the Food Delivery Competition in Hong Kong

Analysts Express Doubts about Meituan KeeTa’s Position in the Food Delivery Competition in Hong Kong

On May 22, 2023, Meituan, the Chinese food delivery giant, launched its sister app called KeeTa in Hong Kong, marking its first expansion outside of mainland China. However, analysts are skeptical about KeeTa’s ability to gain a significant market share in Hong Kong. Shawn Yang, managing director of Blue Lotus Research Institute, believes that the …

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Rivian’s Q2 EV Deliveries Exceed Expectations, Resulting in a Surge in Share Prices

Rivian’s Q2 EV Deliveries Exceed Expectations, Resulting in a Surge in Share Prices

Located in the Meatpacking District of Manhattan, Rivian’s newly opened storefront caught the attention of passersby. Founded in 2009, Rivian Automotive is a renowned electric truck manufacturer. Shares of Rivian Automotive witnessed an impressive surge of over 16% in early trading on Monday. This surge came after the electric vehicle maker surpassed Wall Street expectations …

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