Apple stock popped for a short time after Bloomberg News reported that the firm is internally developing its own artificial intelligence large language model. The move signifies Apple is taking advanced steps in AI technology and is thinking of integrating AI into its future products. Apple rarely uses the ‘artificial intelligence’ term and mostly prefers using the academic…
Amazon’s cloud unit Amazon Web Services said yesterday that it is investing $100 million in a Generative Artificial Intelligence center to help firms use Generative AI. The announcement shows AWS recognizes the importance of the current moment in generative AI space and the significance of being in the talks, alongside competitors Microsoft and Google. AWS CEO Adam Selipsky…
Microsoft shares reached a record recently after analysts at JPMorgan Chase predicted the growth prospects of the Company in artificial intelligence. The stock increased 3.2% to close at $348.10, breaking its earlier all-time high record in November 2021. AI has been a buzzword all year, since OpenAI in November 2022 released the ChatGPT chatbot, which went viral quickly….
Amazon employees are pushing CEO Andy Jassy to drop a return-to-office mandate. Jassy recently announced Amazon would require employees to work from the office a minimum of three days a week beginning May 1. Jassy said, “Amazon’s leadership team, known as the S-team, decided it would be easier for employees to collaborate and invent together in person and…
