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Microsoft has emerged as a major player in the highly competitive, $120 billion search engine market, with the integration of OpenAI's AI technology into Bing. It's a rare opportunity for the tech giant - as page visits to Bing surged by 15.8% since February 2021, according to experts, and app downloads jumped by 8-fold, contrasting with a negligible growth in Google's services. Gil Luria, the analyst at D.A. Davidson & Co., credits this 'iPhone moment of AI' for the significant increase in Bing's market share. With Google's AI technologies yet to release, the battle for search engine leadership continues.
Explore the increasing conflict between the world's wealthiest and most powerful groups in a shifting power paradigm with the help of historian Michael Grant in the article "Welcome to the Era of Warring Elites". By examining the strategies used by these groups to consolidate power, LewRockwell suggests ways to favor transparency and the interests of society at large.
GIFT City provides a comfortable and compliant atmosphere for fintech startups to set up base as IFSCA sets up a committee to reduce paperwork and make the process more seamless. An ideal place to start feeling secure from compliance headaches, GIFT City offers banking, financial, economic and fintech sandbox zones for entrepreneurs. With improved user verification and data protection, it is set to be a secure home for Indian and international startups.
OpenAI president and co-founder Greg Brockman has revolutionized the world of Artificial Intelligence with the development of Generative Pre-trained Transformer 4 (GPT-4). This autoregressive language model produces human-like text at an astounding speed. David Shrier, professor of practice (AI and innovation) at Imperial College Business School in London, warns not to get caught up in the hype - instead, be aware of the potential implications of AI. OpenAI's goal is to create safe, trustworthy applications that foster the greater good of society.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?