For years, investors have bid up megacap tech shares on the theory that AI will usher in a new era of growth. Now the companies need to prove it.
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xAI is in talks to raise up to US$6-billion at a proposed valuation of $20-billion, the Financial Times reported on Friday.
Microsoft’s stock market value crossed the $3-trillion milestone for the first time on Wednesday.
The rapid development of novel AI tools will lead to an increase in cyberattacks, Britain’s GCHQ spy agency has warned.
Bing has long struggled for relevance and attracted more mockery than recognition over the years.
The last time many of the countries that have elections this year went to the polls, there was no ChatGPT.
OpenAI has sought to address fears that its tech will meddle with elections as a third of the globe heads to the polls.
Microsoft is opening up its AI assistant to consumers and making the corporate version available to SMEs.
Microsoft has overtaken Apple as the world’s most valuable company for the first time since 2021.
Generative AI will be on full display as gadget makers race to find consumer uses for the technology.