Google’s cloud business announced in a release recently that it has launched several new tools for retailers using generative artificial intelligence to enhance online shopping experiences and other retail operations. One of the new products in the suite is a chatbot with generative AI that retailers can use on their websites and mobile applications. According…
This year, the stock price of cybersecurity company CrowdStrike has increased by over 130%, outpacing both the broader indexes and its larger competitors. George Kurtz, the CEO, discusses the company’s accomplishments and the significance of cybersecurity for national security. George Kurtz, CEO of CrowdStrike, has had an incredible year. The cybersecurity company’s stock price has…
Monday saw a slight increase in U.S. Treasury yields as investors braced themselves for this week’s Federal Reserve policy meeting. At 4.277%, the yield on the benchmark 10-year Treasury note increased by 3.1 basis points. The 30-year Treasury bond yielded 4.35%, which was 2 basis points higher. Price movement is inverse for yields. Traders are…
As pressure grows on Google to explain how it plans to monetize artificial intelligence, the company is launching what it believes to be its largest and most capable model. Three sizes will be available for the large language model Gemini: Gemini Ultra, which is the largest and most capable category; Gemini Pro, which scales across…
An often-overlooked but crucially important environmental issue—Big Tech’s growing water footprint—is coming under more public scrutiny as a result of a global rush to capitalize on the next wave of generative artificial intelligence. Researchers say the race to profit from the next wave of AI is one of the main causes of the significant increase…
Industry executives hailed the beginning of a new bull market, with an increasing number of voices predicting new all-time highs for Bitcoin above $100,000 in 2024. This year, Bitcoin has increased in value by over 120%, and many people are optimistic that this trend will continue until 2024. According to Ledger CEO Pascal Gauthier, “It…
Yann LeCun, the chief scientist at Meta and a pioneer in deep learning, stated that he thinks it will take decades for current AI systems to resemble sentient beings with common sense and the capacity to do more than just creatively summarize massive amounts of text. His viewpoint differs from that of Nvidia CEO Jensen…
According to flash data released on Thursday, annual inflation in the euro zone fell to 2.4% in November from 2.9% in October. A reading of 2.7% was anticipated by Reuters polling economists. The European Central Bank’s closely watched core inflation rate, which takes into account only the volatile effects of food, energy, alcohol, and tobacco,…
After Binance was hit with a historic settlement by the U.S. Department of Justice, the crypto industry can finally close the chapter on a long list of scandals and issues, according to Coinbase CEO Brian Armstrong on Monday. Armstrong stated, “We’re able to kind of close that chapter of history and turn the page on…
The startup OpenAI announced early on Wednesday morning on X that Sam Altman will be returning to his role as CEO. The action was taken in response to intense pressure from the board’s investors and staff, who removed him less than a week ago. The Microsoft-backed startup OpenAI announced that Bret Taylor, a former co-CEO…
