Microsoft hires former OpenAI CEO Sam Altman and co-founder Greg Brockman
Microsoft has made a significant move by hiring former OpenAI CEO Sam Altman and co-founder Greg Brockman. This announcement follows Altman's dismissal from OpenAI last Friday, after the board expressed a lack of trust in...
Amazon's new tool uses AI to generate virtual backgrounds for product images
Amazon has introduced a beta feature for advertisers, enabling the creation of AI-generated image backgrounds for product displays. According to Colleen Aubrey, Senior Vice President of Amazon Ads Products and Technology, this feature serves as...
OpenAI's valuation may soar to $90 billion as it discusses share sale
OpenAI, the influential artificial intelligence firm and creator of the immensely popular ChatGPT, is reportedly in discussions regarding a potential sale of existing shares, which could elevate the company's valuation from its current $29 billion...
Ant Group introduces AI model and Web3 brand to bolster financial sector presence
Chinese fintech titan, Ant Group, has unveiled its own large language model (LLM) tailored for the financial sector, marking a strategic move to amplify its influence in financial services both locally and abroad. Revealed at...
How to generate designs with Canva plugin for ChatGPT
Quality design is crucial. It communicates ideas, drives engagement, and can set you apart from the competition. But creating good design quickly is often a challenge. The Canva ChatGPT Plugin changes that. It allows for...
ChatGPT and Whisper API update offers faster and cheaper language and speech-to-text capabilities
Developers now have access to cutting-edge language and speech-to-text capabilities with the availability of ChatGPT and Whisper models on OpenAI's API. The system-wide optimizations have led to a 90% reduction in cost for ChatGPT since...
Who's going to pay for Bing AI Chat stealing traffic from websites?
The recent development of Bing's AI-powered chat feature is a major step forward for the search engine, but it raises serious concerns about the future of content creation on the internet. The feature, which utilizes...
The rise of chatbots and its impact on employment and wealth distribution
Chatbot technology, like ChatGPT, next-generation of Bing search and Google's Bard, rapidly raising concerns about future job loss. While some experts argue that the fears about AI and unemployment are overblown, others point to the...
Google announces Bard to compete with ChatGPT
AI has become one of the most crucial and profound technologies of our time, with a vast array of applications that can help people, businesses, and communities reach their full potential. Around six years ago...
