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As it faces fierce competition in the artificial intelligence sector, billionaire tech tycoon Elon Musk’s business xAI said that it has raised $6 billion from investors in its most recent investment round. xAI Chatbots The company, whose main offering is the Grok chatbot, received backing from Saudi Arabian and Qatari investment groups, chipmakers NVIDIA and … Read more
Could I simply ask ChatGPT to select a personalised present for my cousin Johnny and arrange for its timely delivery? Unfortunately, the happy chatbot was unable to assist, stating that it “can’t make purchases or handle shipping directly.” The Exponential Rise Since ChatGPT’s inception two years ago, we have witnessed a flurry of AI features … Read more
The stock of SoundHound AI (NASDAQ: SOUN) has increased by almost 940% in the last 12 months. Investors were astounded by the voice and audio recognition tool developer’s rapid expansion and Nvidia’s backing, which boosted its ownership of the business and included its services into its own Drive platforms. Outstanding Sales Growth Sales of AoundHound … Read more
Steve Ballmer’s investments are not diversified. Rather, Microsoft stock accounts for nearly all of his wealth. Retail investors should keep things simple, the former CEO of Microsoft advised. Single Stock Strategy Steve Ballmer, the former CEO of Microsoft, feels that most investors should keep things simple. His own assets are so basic that they primarily … Read more
US weekly jobless claims decline; GDP growth for the third quarter is revised upwardLast week, Americans filed more new applications for unemployment benefits than anticipated, reversing the previous week’s spike and indicating that a downturn in the labour market was still ongoing. Third-quarter growth Additional data released on Thursday revealed that strong consumer spending drove … Read more
