Apple, the tech giant, is reportedly recruiting expertise in generative AI to either expand their current capabilities or start a project of their own. This fuels speculation that Apple may be looking to compete with OpenAI's ChatGPT, an AI chatbot famous for its human-like conversational powers and ability to transform the way people engage with artificial intelligence.
Apple is now actively recruiting for generative AI roles, hinting that they could be following closely behind tech rivals Amazon, Microsoft and Google with their own version. In March rumors surfaced that Apple was researching and developing generative AI, and in November of 2022, the popular ChatGPT from OpenAI was released to the public. With AI assistants like Bing, Bard and Alexa being available now, Apple may be gearing up to offer their own product soon.
This article examines Apple's latest move to restrict the use of 3rd-party AI and ChatGPT tools for their employees as well as their plans to develop their own AI technology. John Gianandrea, former head of Google's AI division, is now Apple's SVP of AI, and Microsoft-backed OpenAI's ChatGPT has been recognised for its capabilities. Apple's decision highlights their commitment to pioneering AI development.
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This week the fintech sector saw huge investments from the emerging startups such as Wefox, Obie, Bolttech, and Figorr. Highlighting the potential of finance technology, news follows turbulent situation of Newchip tech accelerator which faced challenges from inside its doors. This case emphasizes importance of research before making any investment in fintech space. Various actions taken by Step, ZestMoney, EasyKnock, Revolut, Stripe, Axis, and Public also shows the dynamism of finance technology industry.
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?