OpenAI, the parent company of ChatGPT, is developing a web search tool with the potential to compete directly with Google, leveraging support from Microsoft's Bing in a bid to challenge Google's long-standing search dominance.
The AI model, named Goose, has been designed to help Google employees in building new products, as per internal documents. Goose is a descendant of Gemini, Google's large language model, and is trained on 25 years of engineering expertise at Google.
New York City has filed a lawsuit against the parent companies of TikTok, Instagram, Facebook, Snapchat, and YouTube, accusing them of designing and marketing their platforms in a way that attracts, addicts young users, and causes mental health issues, despite the companies' claims of implementing safeguards and promoting safe online experiences for teens.
Companies seeking to capitalize on the burgeoning artificial intelligence (AI) market must be cautious about misleading investors with exaggerated or inaccurate claims about the technology's impact on their business, according to SEC Chairman Gary Gensler.
Michael Burry, the visionary investor, made significant changes to his portfolio in Q4 2023. Increased stakes in Chinese retailers and two US tech giants, divested from four companies and reduced holdings in others.