ChatGPT might’ve kicked off a fast-paced artificial intelligence race and changed how people search for information, but it’s still no match for search-engine giant Google. On Monday, Bank of America analysts said in a note that Google’s global search market share grew to 91.1% in June, while ChatGPT’s web visits fell 12%.
Read about this and more in the AI news roundup.
OpenAI is undoubtedly one of the leaders in the race to reach human-level artificial intelligence — and it’s reportedly four steps away from getting there.
While the latest wave of artificial intelligence seems to be in everything from the workplace to our personal devices, we’re not yet at the “exponential growth phase” of its usage, an Amazon Web Services executive told Quartz.
Spanish clothing brand Mango unveiled a campaign for a limited-edition collection for its teen line it says was created entirely with generative artificial intelligence.
Nearly half of all venture capital funding in the U.S. so far this year has been for AI startups, PitchBook data show. And in the second quarter, multi-billion dollar funding rounds for AI startups CoreWeave and xAI accounted for just over 26% of total venture capital deal values.
A former Google employee has launched a company that will make movies using generative artificial intelligence.
Intuit is undertaking a corporate reshuffling to turbocharge its artificial intelligence plans.
Microsoft has reportedly dropped its seat as an observer on OpenAI’s board of directors, less than eight months after it secured the post.
Former Meta scientists have unveiled a model that can generate proteins the way chatbots can generate words.
Despite U.S. efforts to curb China’s tech advancements amid the global artificial intelligence race, organizations in China are leading the U.S. and other countries in using generative AI technology, according to a new study.
Just as online search engines took our curiosities from the shelves of libraries and onto computer screens, ChatGPT has indisputably reshaped how people across the globe seek answers to their questions. But it appears that ChatGPT won’t be dethroning “classic” internet search engines — namely their king, Google Search — anytime soon.
