Tag Archives: competition

Wednesday, Jan. 25, 2023 Microsoft’s $10 billion investment in OpenAI puts Amazon, Google, and others on notice Microsoft (MSFT) is pulling out all of the stops in an effort to ensure that it’s the dominant force in AI among its Big Tech peers. And the Redmond-based software giant’s $10 billion investment in ChatGPT developer OpenAI could be the key to doing just that. The move, which Microsoft and OpenAI announced on Monday, will allow Microsoft to deploy GPT-3, the service that the… Source link

[unable to retrieve full-text content]Google calls on Larry Page, Sergey Brin to help with AI competition  Yahoo Finance Source link

Happy nearly Lunar New Year’s Eve, reader. I’m Diamond Naga Siu, and I’m excited to hop into the Year of the Rabbit. This New Year I’m reflecting on old traditions — I think a lot of new things benefit from the influence of the old and vice versa. A perfect example of this is the viral technology ChatGPT. ChatGPT makes a lot of people nervous (here’s everything you need to know about it, BTW). People more scholarly than I am are worried about cheating, plagiarism, and more issues. But I’m… Source link

Snap’s (SNAP) gotten another downgrade, this time from Andrew Boone, analyst at Citizens-owned JMP Securities, from Market Outperform to Hold. In December, Jefferies downgraded Snap from a Buy to Hold, saying that the company’s revenue expectations were “too optimistic.” To be sure, Snap’s struggling at a moment in which all tech giants are stumbling, but even in that context Snap’s challenges are singular – the company’s shares have declined about 73% over the last 12 months, as it battles… Source link

Microsoft put $1 billion in OpenAI, which built ChatGPT, and plans to integrate ChatGPT into Bing. Bing has not come close to touching Google’s search dominance since it was launched in 2009. Many have said Google Search has stagnated, and competition from Bing and ChatGPT might change that. … Source link

Microsoft put $1 billion in OpenAI, which built ChatGPT, and plans to integrate ChatGPT into Bing. Bing has not come close to touching Google’s search dominance since it was launched in 2009. Many have said Google Search has stagnated, and competition from Bing and ChatGPT might change that. … Source link

It said that Google was entering into forced agreements with players in the space to ensure that its bouquet of apps – such as Google Chrome, YouTube, Google Maps and others – were used. This, the CCI said, was stifling competition and gave Google continuous access to consumer data and lucrative advertising opportunities. Source link

Fresh off this fall’s wide release of DALL-E, the brilliant A.I.-powered text-to-image generator, the team at OpenAI has done it again. Six days ago, the A.I. research outfit unveiled ChatGPT, arguably the most advanced, user-friendly chatbot to enter the public domain. As more than 1 million users have already discovered, ChatGPT provides remarkably intelligent, detailed, and conversational text in response to complex user prompts.  ChatGPT can write lines of code, pen a… Source link

Nov 28 (Reuters) – A U.S. judge in California on Monday allowed litigation against Alphabet Inc’s (GOOGL.O) Google to proceed as a consumer class action of 21 million individuals who accuse the company of violating U.S. anti-competition laws in how it runs its Google Play app store. U.S. District Judge James Donato said in a 27-page order that the plaintiffs had established the legal elements of “commonality” and other factors to form a class action that alleges anticompetitive business… Source link

OAKLAND, Calif., Nov 17 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has struck deals with at least 24 big app developers to stop them from competing with its Play Store, including an agreement to pay Activision Blizzard Inc (ATVI.O) about $360 million over three years, according to a court filing on Thursday. Google also agreed in 2020 to pay Tencent Holdings Ltd’s <0700.HK> Riot Games unit, which makes “League of Legends,” $30 million over one year in a similar deal, the filing stated. The… Source link