The relentless stream of AI headlines makes it hard to get a sense of which businesses are real winners in the AI boom—and which will win in the longer run. To help answer this question The Economist has looked where value has accrued so far and how this tallies with the expected sales of products … Read more
Google CEO Sundar Pichai faced some intense backlash in the past few days over the inaccuracies in its artificial intelligence Gemini image generator. But, his close rival Microsoft doesn’t seem to doubt the ability of the tech giant in the AI space. In a latest podcast Microsoft CEO, Satya Nadella said that Google “should have … Read more
Elon Musk, the CEO of xAI, announced on Monday the open-sourcing of the artificial intelligence startup’s ChatGPT rival, “Grok,” just days after filing a lawsuit against OpenAI, a company he co-founded, for veering away from its original non-profit mission. Musk has been a vocal critic of large technology companies using AI for profit, expressing concerns … Read more
At the same time, big tech’s sales of AI software remain small. In the past year AI has accounted for only about a fifth of the growth in revenues at Azure, Microsoft’s cloud-computing division, and related services. Alphabet and Amazon do not reveal their AI-related sales, but analysts suspect they are lower than those of … Read more
GENERATIVE ARTIFICIAL INTELLIGENCE (AI) will transform the workplace. The International Monetary Fund reckons that AI tools, which includes ones that produce text or images from written prompts, will eventually affect 40% of jobs. Goldman Sachs, a bank, says that the technology could replace 300m jobs worldwide. Sceptics say those estimates exaggerate. But some industries seem … Read more
There are kinder ways to put it. In its instructions to users, OpenAI warns that ChatGPT “can make mistakes”. Anthropic, an American AI company, says that its LLM Claude “may display incorrect or harmful information”; Google’s Gemini warns users to “double-check its responses”. The throughline is this: no matter how fluent and confident AI-generated text … Read more
OpenAI’s chief strategy officer Jason Kwon has hit back at Elon Musk’s claims that the San Francisco-based startup has strayed from its original goal of a public, open-source AI and has become a de facto subsidiary of Microsoft. While categorically denying Musk’s claims about OpenAI, Kwon said the billionaire “regrets not being involved with the … Read more
Amazon.com founder Jeff Bezos, Nvidia and other big technology names are investing in startup Figure AI that develops human-like robots, Bloomberg News reported on Friday, citing people with knowledge of the situation. Figure AI, also backed by ChatGPT-maker OpenAI and Microsoft, is raising about $675 million in a funding round that carries a pre-money valuation … Read more
OpenAI’s renowned AI chatbot, ChatGPT, has unveiled a new feature for Android smartphones, introducing a convenient home screen widget. This addition marks the latest advancement in OpenAI’s efforts to enhance user experience amidst fierce competition, notably from Google Gemini, a recent entrant in the smartphone assistant arena. The widget, disclosed by Android Central contributor Mishaal … Read more
In the rapidly evolving landscape of artificial intelligence (AI) integration, Superhuman AI has emerged as a powerful tool, offering users an efficient email experience. Developed in collaboration with OpenAI, the company behind the popular ChatGPT, Superhuman AI has unveiled its latest feature – Instant Reply – aimed at further enhancing user productivity, reported HT Tech. … Read more