OpenAI, the artificial intelligence powerhouse behind ChatGPT, is predicting a massive jump in its revenue, forecasting it will rise to $11.6 billion in 2025 from an estimated $3.7 billion in 2024, according to sources familiar with the matter. This significant growth projection has attracted investors’ attention, particularly Thrive Capital, which Read more…
Alphabet Inc., the parent company of Google, has officially joined the exclusive $2 trillion market capitalization club after a stellar earnings report that underscored the company’s formidable position in the rapidly evolving field of artificial intelligence (AI). The company’s stock soared 10 percent on Friday, achieving its biggest single-day jump Read more…
Nvidia, the pioneering chipmaker renowned for its prowess in gaming and graphics processing units (GPUs), has officially achieved a remarkable milestone by surpassing a market capitalization of $2 trillion. This monumental feat solidifies Nvidia’s status as the first chipmaker to breach this coveted threshold and places it in the esteemed Read more…
Google has once again set the tech world abuzz with the unveiling of its latest AI marvel: LUMIERE AI. This groundbreaking AI model is poised to transform the landscape of video creation, offering users the ability to generate captivating videos with nothing more than a simple prompt whether it’s text Read more…
In a surprising turn of events, the third quarter of 2023 witnessed an unprecedented surge in the popularity of foldable smartphones, surpassing earlier predictions. A recent report from Display Supply Chain Consultants (DSCC) unveils remarkable insights into the flourishing foldable smartphone market, attributing the surge to the launch of Samsung’s Read more…
In an era where artificial intelligence is transforming our daily lives, DS Automobiles, a subsidiary of Stellantis, has marked a groundbreaking achievement by integrating ChatGPT, the celebrated AI chatbot, into its vehicles. This pioneering move places DS Automobiles as the first auto company to seamlessly blend AI chatbot commands with Read more…
Apple’s latest iPhone 15 series, unveiled at the highly anticipated Wonderlust event on Tuesday, has made headlines with the iPhone 15 Pro Max model selling out in record time during the initial pre-order phase on September 15. This swift sellout has resulted in a 2-3 week waiting period for many Read more…
In a groundbreaking move that underscores the importance of technology and innovation in modern security, the White House has unveiled plans to launch an AI-based contest designed to address vulnerabilities and flaws in security systems. The “AI Cyber Challenge,” was announced at the Black Hat USA conference in Las Vegas Read more…
Capgemini, a global leader in consulting, technology services, and digital transformation, has announced its ambitious plans to invest a staggering 2 billion euros in artificial intelligence (AI) initiatives. The decision comes hot on the heels of a successful half-year performance, with the company reporting revenue of 11.43 billion euros in Read more…
In a recent development that has left the automotive industry buzzing with excitement, Tesla CEO Elon Musk during a visit to Paris has revealed that the company is edging closer to achieving fully autonomous vehicles. Musk made the announcement during a press conference, sparking anticipation among Tesla enthusiasts and proponents Read more…