The launch of ChatGPT kick-started the use of genAI. The number of ChatGPT and genAI users will increase at a healthy clip over the next two years, but at a decreasing rate of growth. Even so, by 2025, over three-quarters (75.2%) of genAI users will use ChatGPT, and more than a third (34.0%) of the US population will use genAI.
The new Microsoft: Tech giant expands advertising and AI initiatives with Activision Blizzard gaming deal to come.
Major news companies plan to sue Google, OpenAI, others: A group of media companies including The New York Times is planning a lawsuit over tech’s generative AI data practices.
Generative AI helps brands distill consumer insights to create personalized products while AR virtual try-on solutions give customers the ability to try before buying. Beauty brands like Ulta Beauty and Sephora are finding ways to draw consumers into their apps with exclusive content or services.
Elon Musk’s rebranding of Twitter jeopardizes established brand equity while forging a fresh identity for potential everything-app ambitions. Is this the final straw for users and advertisers?
On today's episode, we talk about the top three banking trends for the second half of the year that are identified in Insider Intelligence's latest report, Banking Trends to Watch for H2 2023. We discuss in detail banks' renewed focus on customer acquisition, how mergers and acquisitions have returned to the space, and in what ways banks have begun rolling out generative AI tools. Join the discussion with host Rob Rubin and our analysts Eleni Digalaki and David Morris.
Will Big Tech’s earnings live up to AI hype? Enterprise AI investment expectations are high but could tumble as the economy declines.
Google co-founder Sergey Brin takes active role in Gemini project: The move signals internal angst over the AI race’s threat to search. But Google is doing some things right.
More than half lack the budget and expertise despite making AI adoption their top priority, indicating opportunities for AI service providers.
SAP invests in three AI startups: By spreading its AI investments across various startups, SAP can speed up competition and have its pick of the most transformative AI applications.
Content marketers are facing pressure to integrate generative AI (genAI) tools to improve productivity and ROI, but diving in haphazardly could backfire. The best approach to adoption is “thoughtful and strategic,” our analyst Kelsey Voss said on a recent Meet the Analyst Webinar. “Brands must carefully navigate the pros and cons of genAI and leverage it judiciously to maximize its benefits and mitigate potential drawbacks,” Voss said. Here are four ways to use generative AI holistically in daily workflows.
Google is developing an AI tool to aid journalists: Some media executives fear a devaluing of news and rise in misinformation.
Apple GPT, Google Genesis, and Meta’s Llama 2 to take on ChatGPT: All Big Tech players are staking a claim in the generative AI race. OpenAI’s lead isn’t ironclad.
Microsoft sets steep price for Copilot AI assistant and Wall Street cheers: Investor confidence in AI’s commercial potential is on full display. But a corporate debt crisis could dampen the outlook.
UN holds inaugural AI global-risk meeting: An AI governance body would face challenges to its effectiveness due to geopolitical tension and the fast pace of AI innovation.
Could an open-source approach help Meta catch up to the likes of OpenAI, Google, and Microsoft? Some fear the “move fast and break things” attitude isn’t suited to AI.
Despite a downturn in climate tech investments in 2023, a new fund has allocated $239 million for climate tech startups. Meanwhile, AI is being used for sustainable solutions.
Elon Musk pits xAI in a battle against OpenAI: He’s adding fuel to the AI race fire despite his previous call for an industry pause out of safety concerns.
MIT study reveals ChatGPT’'s potential in upping workplace productivity: Accuracy and job displacement concerns still loom large.
Is it AI or is it your doctor? A recent study showed ChatGPT’s responses to patient questions were hardly distinguishable from actual physicians’ responses. But people still don’t trust it for medical advice.