OpenAI's ChatGPT is an AI-powered tool that allows developers to access powerful chatbot applications - with a steep price tag. Operational and inference costs reportedly cost millions per week, and, with assistance from language software providers and sales, OpenAI is able to keep costs low. With the GPT-4 being the hottest advancement in AI-driven conversations, OpenAI is showing everyone the cognitive future of modern chatbots.
European authorities are raising alarms over ChatGPT, an AI-based platform that enables users to submit queries in various forms. EU privacy regulations and age restrictions have been violated, leading Italy to temporarily ban and other countries to investigate the platform. Dragos Tudorache has proposed the Artificial Intelligence Act in the European Parliament in response. Stay informed with the latest tech developments in the EU and remain vigilant of potential malicious use of ChatGPT.
Amazon, the world's largest online marketplace and cloud computing platform, is affirming its commitment to ecommerce by wanting to become the go-to supplier for business supplies. This initiative is especially relevant in times of crisis, as seen during the Covid-19 pandemic when over 27,000 employees were sent off. Vice President of Amazon Business Alexandre Gagnon wants to enable bulk buys for businesses seeking desks, chairs, and printers, allowing for larger discounts on fulfilment. Amazon consequently closed some of its physical stores, adjusted to the ever-changing market.
This article explores how global end-user spending on public cloud services is predicted to reach $597.3 billion by 2023, growing by 21.7% from the previous year. Read on to discover the impact of cloud technology, including the latest Web3 and metaverse developments, on digital business and the role of hyperscale cloud providers. Learn how organisations view cloud as a strategic platform for digital transformation and how IaaS and PaaS are driving the change. A must-read for anyone looking to stay ahead of the digital world.
. Find out how venture capitalists are enticed by the latest Y Combinator-backed startups in the AI and developer tools space, which secured different rounds of investments with post-money values up to $30 million. Investor Elad Gil and Google's Gradient Ventures are leading the charge to fuel sector-leading early stage companies.
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?