Business News

Business News

Google merges AI research into DeepMind for enhanced focus

Google merges AI research into DeepMind for enhanced focus

Google is consolidating its AI research divisions to keep up with other tech giants. The new unit, Google DeepMind, will include the DeepMind and Google Brain teams from Google Research. The goal is to work collaboratively across Google product areas to deliver AI research and products. A scientific board will oversee research progress and unit …

Google merges AI research into DeepMind for enhanced focus Read More »

Twitter's Blue Check Verification Disappears Causing Chaos and Confusion

Twitter’s Blue Check Verification Disappears Causing Chaos and Confusion

Twitter’s blue checkmarks, which once distinguished a select group of elite users as trustworthy, have disappeared causing chaos and confusion. The legacy blue checks have only been gone for a few hours, yet Twitter users are already in disarray. Prior to their disappearance, users were debating what the new blue checks would represent and who …

Twitter’s Blue Check Verification Disappears Causing Chaos and Confusion Read More »

Warren Buffett Sells Crypto-linked Banks Amid Red Flag Concerns

Warren Buffett Sells Crypto-linked Banks Amid Red Flag Concerns

Warren Buffett sold his stakes in banks due to their risky behavior and misleading accounting practices, which he believed would lead to consequences, as he shared in a recent CNBC interview. His predictions about the banking sector are notable as it is currently in turmoil, with the collapse of Silicon Valley Bank and Signature Bank …

Warren Buffett Sells Crypto-linked Banks Amid Red Flag Concerns Read More »

Yokosuka: Japan's pioneering city to use ChatGPT for administrative duties

Yokosuka: Japan’s pioneering city to use ChatGPT for administrative duties

Yokosuka in Kanagawa Prefecture became the first municipality in Japan to use ChatGPT in its municipal offices. Around 4,000 employees of the Yokosuka government office began using the AI-powered chatbot, which OpenAI developed late last year. It is for a one-month trial to improve the city’s operations. Known for its US naval base and local …

Yokosuka: Japan’s pioneering city to use ChatGPT for administrative duties Read More »

Microsoft Working to Reduce ChatGPT's $700,000 Daily Operating Costs

Microsoft Working to Reduce ChatGPT’s $700,000 Daily Operating Costs

ChatGPT’s use for cover letters, lesson plans, and dating profiles can cost OpenAI up to $700,000 daily due to costly tech infrastructure, according to SemiAnalysis’s Dylan Patel. ChatGPT needs high computing power to generate responses. Patel stated that the servers are the main reason for the expense. Patel also told Insider that it’s even more …

Microsoft Working to Reduce ChatGPT’s $700,000 Daily Operating Costs Read More »

Wall Street Backs Gen Z Tech Careers and Gen Alpha Medical Pathways

Wall Street Backs Gen Z Tech Careers and Gen Alpha Medical Pathways

Bloomberg surveyed 678 investors last week on the future of work. 40% said Gen Alpha should work in health care if they want an A.I.-proof job. The medical field relies heavily on human-to-human interaction, which A.I. cannot easily replace. Only 12.4% said finance would be most A.I.-proof. For graduating high school seniors, 51.3% encouraged a …

Wall Street Backs Gen Z Tech Careers and Gen Alpha Medical Pathways Read More »

Canada's New Budget: Is it Failing the Working Class?

Canada’s New Budget: Is it Failing the Working Class?

Canadian finance minister Chrystia Freeland introduced the 2023 federal budget on March 28. It offers significant green energy incentives of Can$20.9 billion over six years through tax credits for clean electricity, clean hydrogen, and clean technology manufacturing. However, the budget’s climate initiatives are a mixed bag and serve as a proxy for other half measures. …

Canada’s New Budget: Is it Failing the Working Class? Read More »

AI Stock-Picking Bots: Comparing the Best Performers

AI Stock-Picking Bots: Comparing the Best Performers

AI chatbots are becoming more accessible to individual investors and can handle financial advice using natural language processing technology. Google’s Bard and Microsoft’s chatbot powered by ChatGPT can interact with users in plain English, draft lawsuits, do homework, and may take over jobs. Although AI’s use in the financial advice realm is not new, the …

AI Stock-Picking Bots: Comparing the Best Performers Read More »

AI and ChatGPT: The Ultimate Customer Service Solution

AI and ChatGPT: The Ultimate Customer Service Solution

AI and ChatGPT won’t eliminate customer service, but they’ll revolutionize it, improving the customer experience beyond expectations. Self-service methods like AI, machine learning, and NLP have been steadily advancing, allowing computers to communicate with customers naturally. ChatGPT merges AI and NLP to unprecedented levels, taking customer communication to new heights. The future is now, and …

AI and ChatGPT: The Ultimate Customer Service Solution Read More »

Bloomberg creates new finance chatbot with AI and vast data

Bloomberg creates new finance chatbot with AI and vast data

Bloomberg is launching a new finance chatbot that uses its own machine learning model, BloombergGPT, to analyze financial datasets with AI techniques. The model is powered by Bloomberg’s proprietary and curated datasets, which have been the go-to resource for the trading and financial world for over four decades. The chatbot serves as a financial research …

Bloomberg creates new finance chatbot with AI and vast data Read More »