The world’s largest tech companies are promising across the board to spend less, new territory for an industry that thrives on perks. Already last year, Facebook parent Meta Platforms shut down its laundry service for staff, and in January of this year, Alphabet’s Google included more than 30 massage therapists in its first big round … Read more
Google-parent Alphabet is planning to launch a chatbot service and more artificial intelligence for its search engine as well as developers, marking a riposte to Microsoft in a rivalry to lead a new wave of technology. In a blog post on Monday, Alphabet CEO Sundar Pichai said the company is opening a conversational AI service called Bard … Read more
Alphabet’s Google has invested almost $400 million (roughly Rs. 3,299 crore) in artificial intelligence startup Anthropic, which is testing a rival to OpenAI’s ChatGPT, according to a person familiar with the deal. Google and Anthropic declined to comment on the investment, but separately announced a partnership in which Anthropic will use Google’s cloud computing services. The … Read more
After a challenging 2022 in which advertising-dependent companies faced shrinking budgets and cratering stock prices, fourth-quarter results this week from Alphabet, Meta Platforms and Snap showed they were not yet in the clear. The health of the advertising industry closely mirrors the economy, and many advertisers have pared back their marketing budgets in response to … Read more
Tech companies are always in the news, usually touting the next big thing. However, the tech news cycle recently hasn’t been dominated by the latest gadget or innovation. Instead, layoffs are in the headlines. In the last year, more than 70,000 people globally have been laid off by Big Tech companies – and that doesn’t … Read more