Tag Archives: competition

Google isn’t just afraid of competition from ChatGPT — the giant is scared ChatGPT will kill AI

Google isn’t just afraid of competition from ChatGPT — the giant is scared ChatGPT will kill AI

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

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Snap stock downgraded by JMP on increased competition

Snap stock downgraded by JMP on increased competition

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

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OpenAI’s ChatGPT chatbox gives competition to Google Search

OpenAI’s ChatGPT chatbox gives competition to Google Search

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

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Lawsuit against Google over app store competition gets class-action designation

Lawsuit against Google over app store competition gets class-action designation

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

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Google agreed to pay $360 mln to Activision to stop competition, Epic Games alleges

Google agreed to pay $360 mln to Activision to stop competition, Epic Games alleges

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

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