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
EU industry chief Thierry Breton has said new proposed artificial intelligence rules will aim to tackle concerns about the risks around the ChatGPT chatbot and AI technology, in the first comments on the app by a senior Brussels official. Just two months after its launch, ChatGPT — which can generate articles, essays, jokes and even poetry in … Read more
Google’s parent company Alphabet on Thursday posted lower profit and a small revenue increase for last year’s fourth quarter, as a decline in online ad spending and competition from rivals weigh on the search giant. While overall revenue grew, advertising revenue fell by nearly 4 percent and revenue at YouTube declined 8 percent year-over-year. That … Read more
Chinese Internet giant Baidu is planning to launch an artificial intelligence chatbot tool similar to OpenAI’s ChatGPT in March, a person familiar with the matter told Reuters. Baidu plans to debut the application by initially embedding it into its main search services, Bloomberg News reported earlier. ChatGPT’s tech works by learning from vast amounts of … Read more
Microsoft on Tuesday said sales slowed and profits slumped in the last quarter of 2022 as a darkening economic outlook pushed it to lay off 10,000 workers. The Washington state-based tech giant — owner of LinkedIn, Xbox and Windows — said overall sales rose just two percent in the October-to-December period, to $52.7 billion (roughly … Read more