Tag: Mountain View

. Alphabet Inc. - Google's parent company - has suspended its plans to build a large campus in San Jose, California, citing economic pressures. The project, which was meant to cover office space, housing and public parks, isn't going ahead at this stage. The news comes at a time when the company is cutting 12,000 jobs across the globe, and facing ever-greater competition from Microsoft-backed ChatGPT AI Chatbot. CEO Sundar Pichai recently spoke of a potential second wave of layoffs, primarily impacting 450 Indian employees. Alphabet Inc is one of the world's largest technology companies, based in Mountain View and specializing in internet related services and products.

Alphabet Inc., the parent company of Google, has been a daunting figure in the online search market domination. Recently, OpenAI's ChatGPT has become increasingly successful, leading investors to worry. Despite Alphabet's stocks rising 20% this year, dips have been seen due to questions about Google's accuracy and when Samsung tossed around the idea of using Microsoft's Bing engine instead. Statista data reveals just how much Alphabet owns the market with 85%, and Alphabet gets the majority of their revenue from it - 57%. Is Alphabet equipped to handle their competitors? Many analysts remain optimistic due to their low stock valuation and ability to handle headwinds.

Google, the world's most visited website, is revolutionizing its search engine with the ambitious project Magi. This AI-powered program seeks to bring a more personalized and conversational experience to users, in response to OpenAI's successful ChatGPT. With a team of 160 professionals and headed by MIT Technology Review 's Greg Brockman, Magi aims to be an upgrade to Google's AI search engine, Bard. Can it outmatch Bing with ChatGPT in the race to provide the best search experience?

Microsoft has taken the lead in Artificial Intelligence (AI) with ChatGPT, overtaking Google who have been careful in adopting AI technologies. Microsoft has integrated OpenAI's AI language models into Bing search engine and Edge browser, allowing the Redmond-based giant to take the lead. Google's response was the introduction of chatbot, Bard, based on Language Model for Dialogue Applications (LaMDA). It has triggered suspections that Google had been overly cautious in getting their tech ready, while their rival Microsoft had pushed on. Details have emerged on Google's efforts to prevent harm from AI, with reports of employees reviewing the company's AI products and reducing the potential risks for launch. Microsoft, however, has been mum about ethical and security issues, keeping a minimum size executive team and canning employees who raised a concern. The goal for Microsoft is to lead the AI competition - something which is clear from an email seen by The New York Times, delivered by the giants technology executive, Sam Schillace.

Google is an American tech giant, providing internet-related services, operating systems, and products since 2003. Recently, the US Department of Justice accused Google of monopolizing the search market and argued that the release of OpenAI's ChatGPT technology was potentially delayed due to this. The Justice Department highlighted that Google's default search engine contracts with Apple and smartphone providers could be limiting the competition. John Schmidtlein, Google's lawyer, opposed this idea. Judge Amit Mehta is expected to decide on the antitrust cases against Google this summer.