Microsoft CEO Satya Nadella expressed that it is actually not correct to say that Microsoft controls OpenAI. Nadella’s stand came after Elon Musk, who also co-founded OpenAI sometimes back said, “Microsoft has a very strong say, if not directly controls, OpenAI at this point.” Nadella said, “Look, while I have a lot of respect for Elon…

Meta recently unveiled AI-based tools and services to improve ad creation and campaign results. Meta unveiled the AI Sandbox, a “testing playground” for advertisers to use as they try new ad tools powered by generative AI. Meta is exhibiting to investors and advertisers that investing in AI is a profitable move. In Meta’s latest earnings call,…

Goldman Sachs has just created the first startup from its internal incubator. Goldman Sachs, a networking platform for employees called Louisa, was owned and funded by the investment bank from New York until a few weeks before, when it became independent, as per the Founder-CEO Rohan Doctor. Now Doctor is working to grow the company’s client base beyond…

Microsoft invested in Builder.ai, a startup that helps firms having no coding experience to make applications and has doubled its efforts in the artificial intelligence space. Builder.ai is a startup that makes “no-code” and “low-code” platforms. Its software allows anyone with limited coding experience to develop and manage applications. Through this strategic partnership with Builder.ai, Microsoft…

Artificial intelligence is going to be a central point at Google’s annual developer conference as the company is planning to unveil a number of generative AI updates, including unveiling a general-use large language model. The company will launch PaLM 2. It is Google’s most recent and advanced Large Language Model (LLM). PaLM 2 includes over 100 languages…

According to an early investor in Google’s research laboratory, DeepMind, “We are still some way off reaching human-level artificial intelligence despite rapid advances in the technology.” Humayun Sheikh is a founding investor in the AI startup DeepMind. DeepMind is currently owned by Google. Sheikh said, “In terms of artificial general intelligence, OpenAI, ChatGPT stuff: it’s…