ChatGPT takes on Google, Meta's spending spree, and Microsoft's data center problem: AI news roundup
Plus, OpenAI is reportedly making its first AI chip with TSMC and Broadcom
Major tech companies reported earning results this week including Microsoft $MSFT and Meta $META. But weaker-than-expected prospects for the next quarter sent artificial intelligence stocks, including Nvidia $NVDA’s (NVDA), down on Thursday.
Read about this and more in the AI news roundup.
OpenAI has launched ChatGPT’s ability to search the web, introducing a potential threat to Google $GOOGL’s (GOOGL) search dominance.
Microsoft $MSFT’s (MSFT) fiscal first-quarter results surpassed Wall Street’s expectations — but data center constraints left investors unimpressed.
Facebook $META parent Meta Platforms (META) has invested billions of dollars into artificial intelligence as it looks to keep pace with its Magnificent 7 competitors. The tech giant warned that this spending will only grow into next year and beyond.
Microsoft $MSFT’s (MSFT) fiscal first quarter results exceeded Wall Street’s expectations thanks to the “AI-driven transformation.”
Facebook $META parent Meta Platforms (META) saw its profits surge 35% in the third quarter, as it looks to show investors that its multi-billion dollar investments into artificial intelligence are bearing fruit.
Google $GOOGL (GOOGL) parent Alphabet saw its share price rise almost 5% during midday trading on Wednesday after delivering earnings that surpassed Wall Street’s expectations.
Michael Hunter, an Atlanta-based real estate marketing professional and Apple $AAPL (AAPL) power user, has watched Apple’s new Apple Intelligence features evolve from promising to problematic. After a month with iOS 18.1's early release through his developer account, Hunter was impressed by the system’s enhanced Siri capabilities and responsiveness.
Google $GOOGL (GOOGL) parent Alphabet surpassed Wall Street’s expectations, reporting revenues of $88.3 billion for the third quarter.
OpenAI is undoubtedly a winner in the current artificial intelligence boom — and now it’s reportedly developing its own chips to power its growth.
As he anticipates the growth of his supercomputer, Elon Musk said there’s a chance artificial intelligence could go bad by the end of the decade.
The artificial intelligence boom is making water strain in the U.S. worse, a new report says — and it could lead to global supply chain disruptions.