Former Google employees are playing a significant role in shaping the artificial intelligence industry, according to a new study by WriterBuddy.ai. The research found that 14 of the top 50 AI startups are led by ex-Google staff, with these companies collectively raising $14.7 billion in funding and achieving a combined valuation of $71.6 billion. The … Read more
OpenAI’s ChatGPT has marked its second anniversary since its launch in November 2022, sparking unprecedented growth in artificial intelligence development. According to Gary Grossman, EVP of technology practice at Edelman, the AI chatbot’s release led to a dramatic surge in AI startups, with current estimates suggesting around 70,000 AI companies worldwide – double the number … Read more
AI-generated poetry is now not only indistinguishable from human-written verse but is actually preferred by readers, according to new research from the University of Pittsburgh. The study, conducted by Brian Porter and Edouard Machery and published in Scientific Reports, found that participants rated AI poems more favorably than works by renowned poets across multiple quality … Read more
According to a new report by the China Internet Network Information Centre (CNNIC), China has reached 230 million generative AI users by June 2024, representing about one-sixth of the country’s internet users. Baidu’s Ernie Bot leads the domestic market with an 11.5% share, followed by ChatGPT at 7% and Google’s Gemini at 3.8%, despite the … Read more
OpenAI plans to dramatically expand its user base through new AI products, data center investments, and an Apple partnership. According to reporting by Madhumita Murgia, George Hammond, and Cristina Criddle in the Financial Times, the company aims to reach one billion users in the coming year, up from its current 250 million weekly active users. … Read more
Amazon has announced an additional $4 billion investment in artificial intelligence company Anthropic, bringing its total investment to $8 billion while maintaining a minority stake. The investment marks Amazon’s largest outside investment in its three-decade history. As part of the agreement, Amazon Web Services (AWS) will become Anthropic’s primary cloud and training partner. Anthropic will … Read more
Business investment in generative AI reached $13.8 billion in 2024, marking a 500% increase from $2.3 billion in 2023, according to a new report from Menlo Ventures. Hayden Field reports for CNBC that OpenAI’s enterprise market share dropped from 50% to 34%, while Anthropic doubled its share to 24%. The findings, based on a survey … Read more
A new global survey by Slack reveals that while 99% of executives plan to invest in AI next year, adoption rates among desk workers have stalled in some countries like France and the U.S. The Workforce Index also found that excitement around AI has dropped 6 percentage points globally in the past three months, driven … Read more
The FrontierMath benchmark, developed by Epoch AI, presents hundreds of challenging math problems that require deep reasoning and creativity to solve. Despite the growing power of AI models like GPT-4o and Gemini 1.5 Pro, they are solving fewer than 2% of these problems, even with extensive support, according to Epoch AI. The benchmark was created … Read more
Amazon, Microsoft, Meta, and Alphabet are set to spend a combined total exceeding $200 billion in 2024 to develop artificial intelligence, a record amount according to a Bloomberg report by Mark Bergen and Lynn Doan. Despite delivering mixed financial results, the companies plan to invest even more next year to secure high-end chips and build … Read more