Amazon’s cloud unit is dedicating $100 million to establish a center aimed at assisting companies in leveraging generative artificial intelligence (AI). This move comes following the success of OpenAI’s ChatGPT chatbot, which has gained significant traction in recent months. While the investment may seem modest for a company with $64 billion in cash and substantial …
In a daring move, Google, a company that has long faced allegations of monopolistic behavior, has now filed a complaint against its rival, Microsoft, accusing it of engaging in anti-competitive practices. In a letter to the Federal Trade Commission (FTC), Google alleges that Microsoft uses unfair licensing terms to “lock in clients” and dominate the …
During his state visit to the White House, Indian Prime Minister Narendra Modi is set to meet with several top U.S. corporate executives who are prioritizing this opportunity amid China’s faltering economy. This includes Apple CEO Tim Cook, Google CEO Sundar Pichai, Microsoft CEO Satya Nadella, and FedEx CEO Raj Subramaniam, among others, who will …
Six years ago, Amazon initiated a contest to find the location for its second headquarters. The contest attracted bids from 238 states, provinces, and cities competing to become the next home of the leading online retailer and second-largest private employer in the United States. This week, Amazon officially opened the first phase of its new …
Singapore’s Marina Bay waterfront. Singapore is taking a unique approach when it comes to regulating artificial intelligence (AI). Rather than jumping to regulate AI, the government is adopting a wait-and-see approach. Lee Wan Sie, the director for trusted AI and data at Singapore’s Infocomm Media Development Authority (IMDA), stated that they are not currently looking …
Mercedes-Benz has joined forces with Microsoft to conduct a trial of in-car artificial intelligence called ChatGPT. This advanced technology will be available in over 900,000 vehicles in the United States. Mercedes aims to enhance its Hey Mercedes voice assistant by incorporating the emerging ChatGPT, which is expected to significantly expand the capabilities of the system. …
Bill Gates, the co-chairman of the Bill and Melinda Gates Foundation, attended the EEI 2023 event in Austin, Texas, USA, on Monday, June 12, 2023. Bloomberg | Bloomberg | Getty Images Microsoft’s co-founder Bill Gates will meet Chinese President Xi Jinping on Friday, according to a report by Reuters, citing two sources familiar with the …
At the Build developer conference in Seattle on May 23, 2023, Microsoft CEO Satya Nadella delivered a compelling speech. Microsoft Microsoft shares experienced a breakthrough on Thursday as JPMorgan Chase analysts highlighted the software giant’s significant potential for growth in the field of artificial intelligence. The stock reached a new all-time high of $348.10, rising …
Larry Ellison, the chairman and technology chief of Oracle, spoke at the Oracle OpenWorld conference in San Francisco on September 16, 2019. The company’s recent success has caught the attention of Wall Street and investors. Oracle shares have been rising steadily, reaching a record high for the fifth consecutive day and the eighth time this …
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 …