AI is in a “baby bubble” for now, Bank of America said Friday. What could burst the bubble is the Fed pausing rate hikes and then restarting the cycle. BofA said the dot-com blow-up in the early 2000s had roots in the Fed restarting policy tightening in 1999. Artificial intelligence is this year’s investment craze … Read more
Apple could be disrupted by the rise of ChatGPT plugins, according to Ark Invest’s Cathie Wood. She made the comment as Apple’s $2.73 trillion market value eclipses the collective market cap of the Russell 2000. The only way to justify Apple’s current valuation is if its health care and payments bets succeed, Wood said. The … Read more
AI has already changed the game for cybercriminals. The barrier to entry has never been lower, which means it has never been easier to commit cybercrime. According to a research by McAfee’s upcoming report, ‘The Artificial Imposter’, reveals how AI technology is fuelling a rise in online voice scams. McAfee’s researchers discovered that they had … Read more
Musk reportedly felt the AI company was not paying enough for access, per the publication. He has been cautious about the tech for some time but is known to be working on his own AI project. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the … Read more
As AI chatbots rise, Apple is now reportedly experimenting with language-generating artificial intelligence (AI). The Cupertino-based tech giant recently held an internal event that focused on AI and large language models, reports The New York Times. Several teams including people working on Siri voice assistant are testing “language-generating concepts” regularly. Siri, along with Alexa … Read more
Elon Musk expressed his concerns about artificial intelligence at Tesla’s investor day on Wednesday. The Tesla CEO believed he “may have done some things” that accelerated the “dangerous technology.” His comments were prompted by an investor asking whether AI could help Musk make cars. Elon Musk doesn’t think artificial intelligence will help Tesla make cars … Read more
It’s interesting to see how AI chatbots are being used to conduct interviews and interact with humans in various settings. And the one that has gained massive attention is AI chatbot interview of UK PM Rishi Sunak and Microsoft founder Bill Gates. The interview, shared on 10 Downing Street’s official YouTube channel, covered topics such … Read more
It’s become clear, just over a week in, that Microsoft’s new ChatGPT-powered Bing has some problems. Users have had creepy, unsettling exchanges with Bing, resulting in Microsoft limiting some features. Win or lose, though, Microsoft Bing has successfully pushed Google towards much-needed innovation. Despite the hype, the launch of Microsoft’s grand entrance into the world … Read more
Google CEO, Sundar Pichai has asked employees to spend 2 to 4 hours on improving Bard, Google’s recently-released AI chatbot, reported Business Insider (BI) citing a leaked company-wide email. Bard is the company’s AI chatbot that Google intends to integrate into search. The email indicates urgency in Google’s approach in order to win the next … Read more