Tag: AI Race

Meta, formerly Facebook, is falling behind in the AI race, losing a third of its staff in 2022 due to burnout and leadership issues. Despite its impressive technologies, the company lags behind competitors.

OpenAI's ChatGPT bot has set off an AI race, with CEO Sam Altman warning of AI surpassing human expertise. Regulators must keep up - read why here.

JP Morgan has launched a new investment app called IndexGPT, incorporating artificial intelligence technology to tailor securities to customer needs. CEO Jamie Dimon highlights AI's value in risk assessment, marketing, customer experience, and fraud prevention. However, critics call for swift government guidelines as the AI race intensifies.

ByteDance, the owner of TikTok, is reportedly developing its own AI chatbot named Grace based on large language models. This move puts ByteDance in the AI race with competing bots launched by Snapchat, Google, and Microsoft. As AI technologies like ChatGPT don't exist in China, Chinese conglomerates like Baidu and Alibaba are investing heavily in the field with their own chatbots.

Tesla CEO Elon Musk praised the progress of artificial intelligence in Full Self-Driving (FSD), which he believes has the potential to capture public attention. Musk is confident that FSD will eventually happen and expects Tesla's advancements in real-world AI to have a huge impact. With the rise of autonomous driving technology and Musk's ambitions, Tesla could become the leader in the industry.