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 …
Illustration photo of the OpenAI logo on a phone screen and ChatGPT on the AppStore displayed on a phone screen, taken in Krakow, Poland on June 8, 2023. Image credit: Jakub Porzycki | Nurphoto | Getty Images Last week, OpenAI faced a lawsuit filed by two authors who claim that the company’s artificial intelligence chatbot, …
Alex Zhavoronkov, founder and CEO of Insilico Medicine, and Feng Ren, co-CEO and chief scientific officer, at the company’s robotics lab in Suzhou, China. Source: Insilico Medicine The world witnessed a groundbreaking milestone as Insilico Medicine, a Hong Kong-based biotech startup with a massive $400 million funding, introduced the first-ever drug entirely generated by artificial …
Baidu, the Chinese technology giant, has introduced its own chatbot called Ernie Bot, aimed at rivaling OpenAI’s ChatGPT. According to Baidu, its artificial intelligence model outperforms ChatGPT in several key areas. The Ernie Bot has been undergoing public testing in China since its announcement in March. Based on Baidu’s foundational AI model, Ernie, which is …
According to a recent survey by The Motley Fool, around 50% of Gen Zers and just over half of millennials have utilized ChatGPT, OpenAI’s popular AI chatbot, for investment advice. ChatGPT, however, includes a disclaimer from OpenAI that warns users about its potential to provide incorrect or nonsensical answers, emphasizing that it’s not designed to …
Dustin Moskovitz, the co-founder and CEO of Asana, has rewritten the typical playbook for successful tech founders. Instead of gradually selling off ownership as the business grows, Moskovitz took Asana public through a direct listing in 2020, maintaining a significant ownership stake of about 36%. Since then, he has gone on a buying spree, acquiring …
French President Emmanuel Macron recently attended Viva Tech, the country’s premier technology event, where he expressed France’s commitment to investing heavily in artificial intelligence (AI) Nathan Laine | Bloomberg | Getty Images France is positioning itself as Europe’s leading AI hub and is determined to accelerate its efforts in this field, according to French President …
France’s top politicians have stated that they anticipate the emergence of global regulation on artificial intelligence by the end of this year. French President Emmanuel Macron expressed a desire to collaborate with the United States in establishing rules for this rapidly growing technology. These comments come amidst the increasing interest in AI, fueled by the …
The tech giants may appear to be vastly different in their offerings, but they are all bound by one common denominator: advertising. Advertising is referred to as the “dark beating heart of the internet” by author Tim Hwang in his book Subprime Attention Crisis. Google generates roughly 80 percent of its revenue from advertising, while …
Alphabet CEO Sundar Pichai delivers the keynote address at the Google I/O developers conference at Shoreline Amphitheatre in Mountain View, California, May 10, 2023. Justin Sullivan | Getty Images News | Getty Images Google’s cloud business is expanding its use of new artificial intelligence technologies in health care, giving medical professionals at Mayo Clinic the …