Alphabet Inc and rival Microsoft are once again locked in a race to rule the internet zeitgeist after the Google owner launched “Bard” in answer to AI chatbot sensation ChatGPT. Just minutes after Google announced the launch of Bard on Monday, Microsoft said it would hold an event at its Redmond headquarters to reveal its […]
Reuters
Deutsche Telekom, Orange, Telefonica and Vodafone’s plan to take on Big Tech with their own advertising joint venture is set to win unconditional EU antitrust approval, people familiar with the matter said. The joint venture marks the telecoms sector’s first attempt to take on Meta and Alphabet’S Google in the lucrative online advertising sector and […]
Google owner Alphabet Inc on Monday said it will launch a chatbot service and more artificial intelligence for its search engine as well as developers, an answer to Microsoft Corp in their rivalry to lead a new wave of computing. Microsoft, meanwhile, said it planned its own AI reveal for Tuesday. The cascade of news […]
Investors are just about coming to terms with the eye-popping payrolls number from Friday, but with Fed Chair Jerome Powell due to speak later in the day, the market will ponder which Powell will turn up (the hawk or the dove). Perhaps ChatGPT has the answer. Google owner Alphabet unveiled a rival to super popular […]
German Economy Minister Robert Habeck expressed optimism on Monday about resolving a European Union trade dispute with Washington, saying he saw room for compromise on certain elements of the U.S. Inflation Reduction Act and its green subsidies. Many EU leaders are worried the local content requirements of $369 billion of green subsidies in the U.S. […]
Saudi Arabia has attracted more than $9 billion in investments in future technologies, including by U.S. giants Microsoft and Oracle Corp, which are building cloud regions in the kingdom, a government minister said on Monday. Saudi Minister of Communication and Information Technology Abdullah Alswaha said Microsoft will invest $2.1 billion in a global super-scaler cloud, […]
Oracle Corp plans to invest $1.5 billion in Saudi Arabia in the coming years as it builds up its cloud footprint in the kingdom and opens its third public cloud region in Riyadh, a company official said. Saudi officials have pressed international companies to invest in the kingdom and move their regional headquarters to Riyadh […]
China’s Baidu Inc said on Tuesday it would complete internal testing of a ChatGPT-style project called “Ernie Bot” in March, joining a global race as interest in generative artificial intelligence (AI) gathers steam. Ernie，meaning “Enhanced Representation through Knowledge Integration,” is a large AI-powered language model introduced in 2019, Baidu said. It has gradually grown to […]
Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around the Microsoft-backed ChatGPT chatbot spurs speculative bets on the revolutionary computing technology. Just two months after its launch, ChatGPT – which can generate articles, essays, jokes and even poetry in response to prompts – has been rated the fastest-growing […]
Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday. The layoffs impacted 102,943 workers, a more than two-fold jump from December and an over five-times surge from a year […]