This Google I/O could be critical for the tech giant as they showcase their AI-driven technologies and attempt to prove their worth in the enterprise market. Microsoft and Google have invested heavily in generative AI, competing for the top spot in the industry. With tech giants like Meta, Snap, and Amazon investing in the field, this is the moment for Google to take the win!
Snap Inc. is a US based technology and camera company that is behind the iconic Snapchat mobile app. Founded by Evan Spiegel and Bobby Murphy in 2012, the company has made waves by revolutionizing the way people communicate with each other. Snap Inc. recently reported a 7% decrease in revenue and had its stock plunge over 20% in after-hour trading for its first quarter of 2021. The lackluster earnings were due to changes by Apple, as well as increased competition from the likes of TikTok and YouTube. In order for the company to bounce back, Snap Inc. has made strategic decisions, such as offering subscriptions and offering their AI-powered product, My AI. At the same time, larger tech companies like Facebook's parent Meta are reporting revenue increases.
This article discusses how leading tech giants Microsoft and Snap have invested heavily in the AI-driven chatbot platforms of Viva and Chatbot for Social. Learn how these platforms enable seamless collaboration and communication between employees and employers. Also gain insight into what Yahoo Finance’s Allie Garfinkle has to say about this technology. Get up-to-date with the latest news on AI with Yahoo Finance Plus.
Snap recently launched My AI, an AI-based chatbot accessible by mentioning it with an @ symbol within the chat group. My AI is powered by OpenAI's ChatGPT, and provides users with conversations, creative content, and AR filters for the Snapchat camera. Snap hopes to expand My AI by enabling visual input. AR Mirrors will let users to virtually try out clothes in retail stores, and there are plans to partner with Coca-Cola and Live Nation Entertainment. Aiming for the 1 billion active users mark, Snap has successfully reached 750 million MAU and is focusing heavily on its AR technologies.
Discover the latest ChatGPT powered AI chatbot -My AI- on Snapchat! Create plans, get recommendations and even generate beautiful haikus in seconds. ChatGPT is the innovation of the tech world and is being used by popular brands. However, safety and moderation is being implemented to make sure the experience is safe and enjoyable!
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?