Chegg Inc. is a leading American educational technology and textbook rental company, committed to helping students succeed with discounts on textbooks. CEO Dan Rosensweig highlighted the risks associated with the influx of generative AI, resulting in a 38% drop in the company's share prices. The stock market reacted to Chegg's gloomy forecasts as a sign of threat posed by OpenAI's ChatGPT. Retention rates remain high, yet students may opt for the AI chatbot alternative to Chegg's services.
This article examines how Google is ensuring ethical Artificial Intelligence (AI) use, according to a former Google AI engineer. It profiles Blake Lemoine, who alleges that a ChatGPT project was canceled due to safety concerns, and details Google's strict oversight on AI applications. The article also provides an overview of Google, founded by Larry Page and Sergey Brin in 1998, and their impact on the tech industry.
Walmart is leveraging AI technology for an improved negotiation process with its suppliers—and 75% surveyed by Walmart approve! Pactum AI's chatbot reduces downtime and costs by automating bargaining and procurement processes using NLP and ML. Enjoy a smarter, faster negotiation process with the chatbot.
Discover the latest investigation into ChatGPT, a AI-powered chatbot service. The German state regulator has called into question how the company adheres to the European General Data Protection Regulation (GDPR). OpenAI, the company behind the chat obot, must respond by June 11th. Learn more about the data protection concerns and how minors are affected.
Meta is a well-established tech company investing in AI technology. Mark Zuckerberg, its' CEO, emphasised this commitment during his initial presentation and Q&A session, and highlighted the noticeable improvement their AI had made on Instagram. Meta is poised to spend $30-33 billion on AI initiatives in 2023 and has plans to bring their AI to the world via their services and apps.
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?