Tag Archives: Success

Why Walmart’s quick success in gen AI search should worry Google

Why Walmart’s quick success in gen AI search should worry Google

Walmart CEO Doug McMillon has talked up the retail company’s generative AI search capabilities, one more threat to Alphabet’s internet dominance. Alphabet has been among the big tech losers in the stock market this year, alongside Apple, both struggling to tell investors winning AI stories. Google founder Sergey Brin recently conceded missteps in gen AI but said the company will figure out the right business models; analysts say online retailers will be more competitive in search within their… Source link

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OpenAI’s success has put a huge target on its back

OpenAI’s success has put a huge target on its back

OpenAI is the world’s hottest startup. It not only set the stage for the generative AI explosion thanks to the launch of its ChatGPT in November 2022, but it’s also powering Microsoft’s (MSFT) push into the space via a multiyear, multibillion-dollar investment that gives the tech giant a roughly 49% stake in the company’s for-profit subsidiary. The company is now valued as high as $86 billion, according to Bloomberg. And with its latest product, the generative AI video platform Sora,… Source link

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