Business

Why News Media Companies Are Cutting Deals With AI 1

Why News Media Companies Are Cutting Deals With AI

News media companies are cutting deals with AI to adapt to technological advances, despite initial resistance, as they navigate the impact of AI on publishing, seeking new revenue streams while balancing the threat to traditional journalism. Barry Diller organized his fellow media moguls a little over a year ago to

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EU Cracks Down On ChatGPT: AI Model Fails To Meet GDPR Standards 1

EU Cracks Down On ChatGPT: AI Model Fails To Meet GDPR Standards

The European Union cracks down on ChatGPT as the AI model fails to meet GDPR standards, with the European Data Protection Board’s report revealing insufficient compliance and ongoing data privacy issues with OpenAI’s attempts to align ChatGPT with EU regulations. Even while the evaluation is still underway, OpenAI doesn’t seem

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Everything You Need To Know About Google’s Gemini AI 1

Everything You Need To Know About Google’s Gemini AI

Google I/O unveiled significant advancements in its Gemini AI model, showcasing enhanced image and video search capabilities, deeper Workspace integration, improved conversational AI, and the introduction of innovative tools like Gems. Recently concluded Google I/O included a plethora of AI announcements. The keynote addressed Google’s Gemini AI models and how

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List Of Top Startup Cities In The World 1

List Of Top Startup Cities In The World

PitchBook has ranked the top startup cities in the world, with San Francisco, New York, and Beijing topping the list. Among the essential components propelling a startup ecosystem are a vastly interconnected network of IT talent, venture capital firms, and entrepreneurs. These tech clusters are expanding globally as growth engines.

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Google's Smartphone Loyalty Problem 1

Google’s Smartphone Loyalty Problem

According to data from the Statista Consumer Insights survey, Google faces a smartphone loyalty problem. Current owners indicated that it is very likely they would switch to a different smartphone brand given the chance. This week saw the release of Google’s newest smartphone, the Pixel 8a. It is a less

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Boeing CEO To Resign After Long String Of Failures 1

Boeing CEO To Resign After Long String Of Failures

Boeing has announced that Boeing CEO Dave Calhoun will resign after a long string of failures, and a board chaired by Steve Mollenkopf will select a new CEO. CEO of Boeing Dave Calhoun will retire at the end of 2024 as part of a significant management transition for the struggling

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These Are America's Favorite Brands 1

These Are America’s Favorite Brands

According to data from Statista Consumer Insights, America’s favorite sneaker brands are Nike and Adidas, with New Balance, Converse, Skechers, and Nike’s Jordan brand close behind. The United States is by far the largest sneaker market in the world, with estimated sales of over $22 billion last year. An estimated

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Elon Musk Hits OpenAI With "Breach Of Contract" Lawsuit 1

Elon Musk Hits OpenAI With “Breach Of Contract” Lawsuit

Elon Musk hits OpenAI with a breach of contract lawsuit, claiming it engages in unfair business tactics and breaches fiduciary duties. In a lawsuit that was submitted on Thursday night to the San Francisco Superior Court, Elon Musk alleges that OpenAI, the company that makes ChatGPT, and its CEO, Sam

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Huawei Will Be The Next To Challenge Tesla In Autonomous Driving 1

Huawei Will Be The Next To Challenge Tesla In Autonomous Driving

According to Caixin, Huawei will be the next to challenge Tesla in autonomous driving, and it is well-positioned for partnerships because of its dual competence in software and hardware. For Tesla, the bad news just keeps getting worse. This week, it was revealed that Hertz, which previously garnered attention for

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