Google's dominance remains unchallenged as OpenAI's ChatGPT falters, indicating no threat to search engine leader. Read more about the decline in popularity and market share of ChatGPT and Bing.
Bank of America predicts the global AI software market will hit $900 billion by 2026. Specialized hardware, such as networking chips, will be in high demand to speed up machine learning processes.
Morgan Stanley upgrades Baidu's shares to Overweight and predicts business transformation with increased IT spending and accelerated cloud adoption leading to better productivity and efficiency. Baidu has the best exposure to AI in China and is expected to capture the $7.4 trillion AI internet opportunity.
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?