Generative AI
Amazon is using generative AI to drive more same-day shipping using smarter robots and better routes
For years, Amazon has set the bar for package delivery. When Prime launched in 2005, two-day shipping was unheard of. By 2019, one-day shipping was standard for millions of items. Now, the retail giant is turning to generative AI to drive more same-day shipping. Amazon is using the technology to optimize delivery routes, make more intelligent […]
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Big AI models will be commoditized — the value will come from the applications, Infosys chair says
Massive artificial intelligence models built by the likes of OpenAI will eventually become commoditized with the next wave of value in the technology coming from the applications that are built on top of the models, the co-founder and chair of Infosys told CNBC on Tuesday. Large language models are the AI models trained on amounts […]
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OpenAI announces new independent board oversight committee focused on safety
OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images OpenAI on Monday said its Safety and Security Committee, which the company introduced in May as it dealt with controversy over security processes, will become an independent board […]
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Apple shares slide as analysts highlight sluggish iPhone 16 demand
An attendee holds two iPhones 16 as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. Manuel Orbegozo | Reuters Apple shares slid 3.6% in Monday morning trading, after reports that demand for the new iPhone 16 is lower than expected — and down 12% […]
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With Apple on board, OpenAI’s next act could be its toughest yet
OpenAI stormed onto the scene with ChatGPT and upended the tech world in less than two years. But over the next few months, the artificial intelligence darling will face some of its biggest tests yet. A highly anticipated partnership with Apple will supercharge its reach, putting it in front of millions of users who may […]
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Tiger Global plans to join OpenAI’s funding round at more than $150 billion valuation
In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI. Didem Mente | Anadolu | Getty Images Tiger Global is planning to join OpenAI’s buzzy new funding round that would value the artificial intelligence startup at more than $150 billion, according to […]
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People like traveling, but hate planning. Hear how Booking Holdings CEO plans to change that
Most people like traveling. But far fewer enjoy booking it. A survey of more than 2,400 people who book their own travel arrangements found that 71% say the process is at least somewhat stressful for them, according to a 2024 survey by the consumer data company CivicScience. The percentage is even higher among parents of kids […]
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OpenAI, Anthropic and Google execs meet with White House to talk AI energy and data centers
OpenAI CEO Sam Altman during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images Leaders at OpenAI, Anthropic, Microsoft, Google and several American power and utility companies met Thursday at the White House to discuss the future of artificial intelligence […]
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China wants to challenge the U.S. in AI — here’s what Chinese giants are doing with the tech
China is looking to challenge the U.S. in artificial intelligence. China’s tech giants have launched their own AI models. Niphon | Istock | Getty Images Global attention around generative artificial intelligence has been focused on big U.S. companies like OpenAI, Alphabet‘s Google and Meta. But some of China’s giants, from Alibaba to Tencent, have launched […]
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‘It will come.’ Booking Holdings CEO Glenn Fogel on how travelers will book trips in the future
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Rather than travelers sitting down to plan trips, “I want us to be going to the traveler” with recommendations based on travelers’ prior trips, Booking.com’s CEO Glenn Fogel told CNBC’s Monica Pitrelli. Source
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