Apple and Microsoft ditch OpenAI's board, ChatGPT can't beat Google Search: AI news roundup
ChatGPT might’ve kicked off a fast-paced artificial intelligence race and changed how people search for information, but it’s still no match for search-engine giant Google. On Monday, Bank of America analysts said in a note that Google’s global search market share grew to 91.1% in June, while ChatGPT’s web visits fell 12%.
Read about this and more in the AI news roundup.
OpenAI defines five ‘levels’ for AI to reach human intelligence — it’s almost at level 2
OpenAI is undoubtedly one of the leaders in the race to reach human-level artificial intelligence — and it’s reportedly four steps away from getting there.
AI is not in its ‘exponential growth phase’ yet, Amazon exec says
While the latest wave of artificial intelligence seems to be in everything from the workplace to our personal devices, we’re not yet at the “exponential growth phase” of its usage, an Amazon Web Services executive told Quartz.
Major retail fashion brand unveils AI-generated campaign
Spanish clothing brand Mango unveiled a campaign for a limited-edition collection for its teen line it says was created entirely with generative artificial intelligence.
AI hype has venture capitalists extra giddy
Nearly half of all venture capital funding in the U.S. so far this year has been for AI startups, PitchBook data show. And in the second quarter, multi-billion dollar funding rounds for AI startups CoreWeave and xAI accounted for just over 26% of total venture capital deal values.
A former Google employee just launched an AI movie company
A former Google employee has launched a company that will make movies using generative artificial intelligence.
Intuit will lay off 1,800 workers and hire new ones to advance its AI ambitions
Intuit is undertaking a corporate reshuffling to turbocharge its artificial intelligence plans.
Microsoft and Apple are turning down OpenAI board seats as regulatory scrutiny grows
Microsoft has reportedly dropped its seat as an observer on OpenAI’s board of directors, less than eight months after it secured the post.
Former Meta scientists unveiled an AI model that can generate new proteins
Former Meta scientists have unveiled a model that can generate proteins the way chatbots can generate words.
China is leading the world in using AI, study says
Despite U.S. efforts to curb China’s tech advancements amid the global artificial intelligence race, organizations in China are leading the U.S. and other countries in using generative AI technology, according to a new study.
ChatGPT might rule the AI chatbots — but it can’t beat Google Search
Just as online search engines took our curiosities from the shelves of libraries and onto computer screens, ChatGPT has indisputably reshaped how people across the globe seek answers to their questions. But it appears that ChatGPT won’t be dethroning “classic” internet search engines — namely their king, Google Search — anytime soon.