AI technology News

ChatGPT Surges to 20 Million Paid Subscribers: A Testament to AI's Growing Dominance

OpenAI's ChatGPT hits 20 million paid subscribers, with monthly revenues soaring to $415 million, a 30% increase from last year. Projections suggest a potential $12.7 billion reven...

UK Government Embraces AI and Efficiency: Starmer and Reeves Announce Major Cuts and Tech Overhaul

UK Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves announce plans to cut government spending and jobs, focusing on efficiency and the adoption of AI and technology to ...

B Capital Targets Early-Stage Investments in India Amid High-Quality Startup Boom

B Capital, led by Facebook co-founder Eduardo Saverin, is focusing on early to mid-stage investments in India, targeting high-quality startups, especially those leveraging AI, deep...

AWS and Fitch Group Forge Ahead with Groundbreaking AI Technology Partnership

Amazon Web Services (AWS) and Fitch Group have entered into a multi-year partnership to enhance digital transformation using generative AI. The collaboration focuses on improving d...

DeepSeek Faces Technical Glitch: R1 Interface Unavailable, Sparks Industry Speculation

DeepSeek, a prominent Chinese AI company, is currently addressing an issue with the unavailability of its R1 model's interface, sparking discussions on the impact and reliability o...

Shenzhen Launches $13.9 Billion Initiative to Revolutionize Robotics with AI Technology

Shenzhen unveils a $13.9 billion plan to boost the robotics industry, focusing on AI chips, dexterous robotics, and multimodal perception technology. The initiative aims to create ...

Xiaomi Revolutionizes Smartphones with Groundbreaking Hyper AI Technology

Xiaomi Inc. introduces Hyper AI technology in Barcelona, showcasing AI-powered features for smartphones including AI writing tools, speech AI tools, AI Search, and AI Art, all deve...

OpenAI Unveils GPT-4.5: The Future of AI Chat Models with Enhanced Accuracy and Reliability

OpenAI has launched GPT-4.5, its most advanced AI model yet, featuring significant improvements in factual accuracy and a reduction in hallucinations, making it the company's most ...

Anthropic's Groundbreaking Hybrid AI Model: A New Era of Computational Flexibility and Efficiency

Anthropic is preparing to launch a hybrid AI model that merges reasoning with language functions, offering developers customizable computational power and excelling in coding tasks...

Elon Musk's $97.4 Billion Bid for OpenAI: CEO Sam Altman Responds with Defiance

OpenAI CEO Sam Altman denies receiving any official bid from Elon Musk for a $97.4 billion takeover, asserting the company's resilience against attempts to undermine its progress a...

SoftBank Eyes $40 Billion Investment in OpenAI, Valuing AI Startup Over $300 Billion

SoftBank Corp. is reportedly investing $40 billion in OpenAI, potentially valuing the AI startup over $300 billion. Part of the investment may fund the Stargate AI project, highlig...

IBM Soars to New Heights: A 13% Surge to Record Highs Post Q4 Earnings Announcement

IBM's stock surged 13% to a record high after revealing a 1% year-on-year revenue increase in its Q4 earnings, driven by its advancements in AI technology and a $5 billion booking ...

Sam Altman to Unveil Revolutionary AI Technology to White House and Lawmakers

OpenAI CEO Sam Altman will present new AI technology to White House staff and lawmakers, following the launch of a ChatGPT AI chatbot for US government agencies. The tech will be p...

Tech Stocks Tumble as DeepSeek App Tops Charts, US Treasury Yields Drop

US Treasury yields fell sharply as the Chinese AI app DeepSeek topped Apple's App Store charts, causing US tech stocks to drop. Bond futures increased in response.

Nvidia Shares Dip 8% as DeepSeek Emerges to Challenge Western AI Supremacy

Nvidia's stock fell by 8% following the emergence of DeepSeek, a new competitor challenging the West's dominance in AI technology. This shift underscores the growing competition an...

Bitcoin Plummets Below $100K Amid DeepSeek's Market Disruption

Bitcoin's price fell below $100,000 as the Chinese AI app DeepSeek, which recently topped the US App Store charts, disrupted the market. Ethereum also experienced a decline, highli...

eBay Partners with OpenAI to Revolutionize E-commerce with AI Technology

eBay Inc. partners with OpenAI to integrate advanced AI technology into e-commerce, aiming to enhance the shopping experience for users and expand seller reach through the AI assis...

OpenAI Unveils o3-mini: A Game-Changer for ChatGPT Users

OpenAI CEO Sam Altman announces the integration of o3-mini, the latest reasoning AI model, into ChatGPT. This update promises to enhance both free and plus tier users' experience b...

Meta Unveils Revolutionary AI Model to Elevate Metaverse Interactions

Meta introduces Meta Motivo, an AI model enhancing digital agent movements in the Metaverse, alongside the Large Concept Model and Video Seal, as part of its $37-40 billion investm...

Quantit and Bareksa Join Forces to Revolutionize AI-Powered Investment in Indonesia

Quantit, a South Korean AI fintech company, has announced a strategic alliance with Bareksa, Indonesia's leading fintech platform company, to enhance the provision of AI-powered fi...