It’s understandable why so many investors have eyes on Nvidia — the value of its stock has soared by over 142% since the beginning of 2024. The computing company reported its second fiscal quarter earnings after the stock market’s close on Wednesday, beating analysts’ expectations, according to LSEG estimates. Nvidia reported $30.04 billion in revenue … Read more
In this photo illustration OpenAI icon is displayed on a mobile phone screen with the photo of Sam Altman, chief executive officer of OpenAI. Didem Mente | Anadolu | Getty Images OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned. … Read more
Perplexity AI logo is seen in this illustration taken January 4, 2024. Dado Ruvic | Reuters Perplexity AI, the artificial intelligence startup that’s been embroiled in controversy due to accusations of plagiarizing content from media outlets, plans to start running ads on its search app in the fourth quarter, CNBC has learned. The company, which … Read more
Anthropic, the Amazon-backed artificial intelligence startup, on Monday was hit with a class-action lawsuit in California federal court over alleged copyright infringement. Three authors said in the filing that Anthropic “built a multibillion-dollar business by stealing hundreds of thousands of copyrighted books,” including their own. Anthropic, which was founded by ex-OpenAI research executives, has backers … Read more
OpenAI CEO Sam Altman speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images OpenAI on Tuesday announced a partnership with Condé Nast, in which the Microsoft-backed artificial intelligence company’s products, such as ChatGPT and SearchGPT, will be able to display content from Vogue, The … Read more
Companies are talking up a storm about artificial intelligence and generative AI implementations, and many are moving ahead with deployments. But there might be a danger of employee burnout from moving too fast into AI, and businesses need to guard against this even as they enthusiastically jump into using the technology. One concern is resource … Read more
HELENA, Mont. — A quote from Wyoming’s governor and a local prosecutor were the first things that seemed slightly off to Powell Tribune reporter CJ Baker. Then, it was some of the phrases in the stories that struck him as nearly robotic. The dead giveaway, though, that a reporter from a competing news outlet was … Read more
Stars from Hollywood’s golden age are being reborn through celebrity estate AI voice cloning deals, a sign of how some of the “Wild West” concerns about unauthorized AI impersonation are being addressed by new business models. ElevenLabs, an audio technology startup funded by venture capital firms including Andreessen Horowitz and Sequoia has penned multiple deals … Read more
OpenAI, the company behind the ChatGPT chatbot, was founded in 2015 by a number of researchers, academics and entrepreneurs, including Sam Altman, Greg Brockman and Elon Musk. Altman and Brockman are still at OpenAI, serving as CEO and president, respectively. Musk departed in 2018. At the time, OpenAI said Musk left to avoid a conflict … Read more
Jaque Silva | SOPA Images | Lightrocket | Getty Images Apple could charge its users up to $20 for its advanced artificial intelligence features, analysts told CNBC, as the company looks to boost the growth of its lucrative services business. The Cupertino giant plans to rollout Apple Intelligence, its forthcoming AI system, across some of … Read more
