Global stock markets fell sharply on Wednesday amid mounting concerns that the artificial intelligence boom has driven valuations too high, with more than $500 billion (£384 billion) wiped from the
‘Big Short’ investor sparks global sell-off as AI bubble fears grow
Global stock markets tumbled on Tuesday after reports that Michael Burry, the investor made famous by The Big Short, has placed a $1.1 billion (£840 million) bet against major artificial
Google owner worth more than $2 trillion
Last night, Alphabet, Google’s parent company, surpassed a $2 trillion valuation as it announced its first-ever dividend payment. Alphabet’s shares surged over 12% to a record high, coinciding with the
Elon Musk files a lawsuit against the founder of OpenAI, accusing them of violating the company’s core principles.
Elon Musk has initiated legal action against OpenAI’s co-founder, alleging a shift away from the organization’s initial commitment to prioritize the development of safe artificial intelligence (AI) over profit-making.
Microsoft reaches $3 trillion valuation amid AI-fueled surge
Today, Microsoft joined the exclusive club of companies surpassing a $3 trillion market value, following a surge in investor interest driven by its emphasis on artificial intelligence.
OpenAI Employees Demand Resignation of Board Members
Close to 500 employees at OpenAI, the organization behind ChatGPT, have allegedly penned a letter to their superiors, stating their intention to leave the company if the current board does
OpenAI, the company behind ChatGPT, pauses new client acquisitions amid soaring demand challenges.
ChatGPT’s parent company, OpenAI, has temporarily stopped accepting new sign-ups due to challenges in coping with the rapidly increasing demand for its AI technology, as reported by Matthew Field.
OpenAI, the developer of ChatGPT, has experienced a tripling in valuation since the beginning of the year.
Since the start of the year, OpenAI, the entity behind ChatGPT, has witnessed its valuation soar threefold, reaching at least US$80 billion, based on reports surrounding ongoing discussions with investors.
ChatGPT now possesses the ability to engage in audible conversation, hearing & responding to you.
Late last year, the digital chatbot ChatGPT made quite an impression globally, and now, it’s back with additional capabilities. OpenAI has enhanced its bot to speak, listen, and “see” the
EU Legislators Express Dissatisfaction Towards the Creator of ChatGPT
EU policymakers drafting a bill on AI regulation have expressed their disagreement with remarks made by OpenAI CEO, Sam Altman, during his visit to meet authorities across Europe.
ChatGPT possesses superior stock selection capabilities compared to traditional fund managers.
A collection of stocks curated by ChatGPT, an AI-driven chatbot, has significantly outperformed several well-known investment funds in the UK.
Germany is considering joining Italy and banning AI bot chatGPT
Ulrich Kelber, in an interview with Handelsblatt, stated that Germany is considering banning the AI bot ChatGPT due to concerns over breaches of privacy.