Gartner, one of the world’s leading research and analytics firms, forecast that the global end-user spending on public cloud services is to grow 21.7% to a total of $597.3 billion in 2023, from $491 billion in 2022. The cloud market is a rapidly growing field and all the segments of the industry are expected to …
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Chinese car makers dominate the EV market, giving the European car giants a massive shake-up, and a potentially devastating loss of income. With the changes in the car market as electric vehicles cause a change in consumer behavior, China’s growing share of the EV market in its home market and the EU will see the …
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Amazon is yet another competitor set to enter the chatbot arena, following in the footsteps of Google, by developing an AI-powered search experience. Recently, Bloomberg released a report revealing that the company is working on an “interactive conversational experience” for Amazon Search. It is designed to assist users in finding product information, comparing options, and …
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One of the oldest video-sharing platforms YouTube is now testing a new hub of free, ad-supported streaming channels that will show content from certain media companies, the media reported. Called FAST channels, the users who have access to the experiment in the U.S. can find these linear channels in the Movies and TV storefront. The …
Elon Musk and Twitter have been in the headlines consistently for the past year. From a complete takeover to mass layoffs and data regulation breaches, Twitter has seen a lot in such a short period. Musk, a billionaire, founder, innovator, and businessman had bought Twitter entirely for $44 billion earlier in 2022. The microblogging platform …
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ChatGPT is going to the next level with the new update. OpenAI’s ChatGPT has unveiled a major update, which includes the ability to connect to the internet. Additionally, the latest version of GPT-4 now incorporates more than 70 third-party browser plugins, among other features. Currently, these enhancements are exclusively available to ChatGPT Plus subscribers, who …
Google has released its artificial tool, Google Bard, to assist users with simple or complex functions. Despite being in the beta stage, Google has made the chatbot accessible to over 180 countries, including India. This chatbot rivals ChatGPT regarding operations, UI, features, and limitations. Powered by LaMDA and PaLM2, Google Bard AI simplifies complex tasks, …
Johnson & Johnson’s consumer-health spinoff Kenvue became the biggest U.S. IPO in over a year, with a 22% jump after its market debut on the New York Stock Exchange. The events of May 4, 2023, puts the company roughly at a value of $50 billion. Trading under the ticker KVUE, the company holds a range …
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Lordstown Motors, an electric vehicle (EV) startup, has been in the news for all the wrong reasons lately. The news of the company’s potential bankruptcy is a significant blow to its efforts to establish itself in the competitive EV market. Lordstown hangs in the balance as its shares fell over 23% on May 1, and …
Tesla has once again reduced the prices of some of its Model Y and Model 3 vehicles in the United States. This is the sixth time the company has cut prices this year as it aims to boost demand, even if it means sacrificing its industry-leading profit margins. However, the price reductions have caused the …
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