Cohere, an AI startup founded by former Google Brain researchers, has raised $270 million in funding from tech giants such as Oracle, Nvidia, and Salesforce Ventures. The Toronto-based company offers generative AI services to enterprises worldwide, helping them with copywriting, search, and summarization tasks. Cohere is an independent supplier, making it a preferable choice for clients not tethered to proprietary cloud providers. The funding will be utilized to scale computing resources and hire staff. Anthropic, another AI startup, has also received backing from Google and Salesforce Ventures.
Microsoft's shares rise over 1% as Wedbush Securities report highlights the potential of AI integration, including ChatGPT technology, boosting the company's monetization opportunities. Analyst Dan Ives predicts Microsoft to benefit from the $800bn AI market over the next decade with a target share price of $375. #Microsoft #AI #ChatGPT #WedbushSecurities #DanIves #Monetization
Companies like PayPal, Microsoft, Google, Apple, Tesla, Amazon, Cyberlife, and Oracle are taking extra measures to protect their sensitive customer data and proprietary code from AI-powered applications such as ChatGPT. OpenAI's CEO Sam Altmann has ensured that its data is never used for training, but the organizations are being cautious to safeguard their data.
Discover the growing demand for AI stocks such as Nvidia, Microsoft, Broadcom, and Oracle. Their stocks have seen rapid growth in 2020, outpacing the S&P 500. Learn how their AI enhancements have helped them gain a place in the iShares MSCI USA Momentum Factor ETF. Will their stocks continue to increase? Read on to find out.
Revolutionize your home cooking experience with delishUp - Upliance.ai's AI-driven Smart kitchen appliance with ChatGPT integration. Enjoy ease of use and 250+ user-guided recipes on delishUp's 8-inch touchscreen. Add convenience and let Upliance.ai do the rest! Founded by AI veteran Rahul Mulge, Upliance.ai is transforming everyday life tasks.
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?