OpenAI, a leading research lab focusing on AI technologies and natural language processing, has raised $300 million in a latest share sale, valuing the firm at $29 billion. The tech's next sensation ChatGPT, an AI system that can communicate with people, compose articles, and processes image data accurately, has also been unbanned in Italy. Microsoft proposed the integration of Chat GPT into the search engine, Bing, making the firm worth $10 billion. The CEO and founder Elon Musk (business magnate, investor, engineer and inventor) is leading the state-of-the-artOpenAI AI research for development of automation and AI.
This article focuses on the major investments of Microsoft in OpenAI, the success of Robert Gomez when his coffee grinder sales skyrocketed and the fates of internships and streaming services post pandemic. It further discusses the issues of AI music and Amazon Web Services (AWS) as well as scams and electric vehicles. Let's find out how these events have impacted the tech industry.
Discover the anticipated Galaxy S24 Ultra, Samsung's next flagship phone. With an improved battery life due to its advanced technology, plus an enhanced performance powered by a Qualcomm Snapdragon processor, you're sure to have an amazing smartphone experience. With launch scheduled for February 2022, prepare for an innovative mobile experience.
Autotech Ventures, a mobility-focused VC firm, is bolstering its resources with a third fund of $230M, investing in new areas such as fintech, logistics and the circular economy. The fund is backed by both financiers and American companies like Allison Transmission, Shell, etc. Managing Director Alexei Andreev is focused on SaaS-enabled fintech, ecofriendly solutions and AI investments. Five of the investments have already gone public.
Discover the new technologies, advancements and records set by Williams Advanced Engineering (WAE) in electric vehicle platforms and battery modules. With their help, Formula E cars are accelerating faster, reaching higher top speeds and also contributing to improved performance and battery life of commercial electric vehicles (EVs). Moreover, WAE clients achieved a resounding nine driver and eight constructor championships in electric powered races! Learn more about WAE's Elysia brand and their turnkey solutions for businesses and startups.
Discover key insights on Hong Kong's AI development opportunities from the Accounting Development Foundation Conference. Learn how AI is shaping the future.