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Artificial intelligence startup Anthropic has raised $450 million in Series C funding led by Spark Capital with participation from Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL), Salesforce Ventures, Sound Ventures, Zoom Ventures, and others. With this series C funding, the company hopes to expand its product line, assist companies that will responsibly deploy Claude, and advance the field of AI safety research. Claude is an AI assistant that can perform various conversational and text-processing ta...
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Alphabet and the European Commission aim to develop an artificial intelligence (AI) pact involving European and non-European companies ahead of rules to govern the technology, EU industry chief Thierry Breton said on Wednesday...
Continue ReadingMicrosoft (NASDAQ: MSFT) has landed right in the middle of the artificial intelligence (AI) industry in 2023 -- entirely on purpose, of course. Microsoft wasted no time integrating the technology into its product portfolio. OpenAI's most advanced GPT-4 large language model is available on the Bing search engine and the Azure cloud platform, simultaneously transforming two enormous industries at once...
Continue ReadingArtificial intelligence (AI) has triggered a frenzy among investors in 2023. Cathie Wood's Ark Investment Management, on the other hand, places that number at a whopping $200 trillion. Investors who believe in the future of AI might want to consider capturing that boom in their portfolios, but separating the quality opportunities from the hype isn't easy...
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The hype surrounding AI, thanks to OpenAI's ChatGPT, has likely been one of the main factors beyond Microsoft (NASDAQ: MSFT) stock's 33% gain this year. The company has jumped on the bandwagon in full force, making a handful of AI-related announcements this year, including the unveiling of new AI-based features for its search engine, internet browser, and productivity suite. Investors have cheered these moves, along with the company's better-than-expected fiscal third-quarter results and management's expectations for increased demand in an era in which AI helps fuel customer transformations...
Continue ReadingMicrosoft Corp (NYSE: MSFT) on Tuesday started making available to users a host of AI upgrades, including ChatGPT, its search engine Bing and to cloud services as it strives to narrow the gap with Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google. Among fundamental changes is the rollout of live search results from Bing to ChatGPT, Reuters cites Microsoft at its annual Microsoft Build conference. Microsoft also expanded its plug-ins for Bing, enabling seamless business transactions with consu...
Continue ReadingThe advisory suggests lawmakers strengthen safety standards and limit access to make social media safer for children...
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