Sushovan Nayak sees short-term AI jitters, long-term opportunities for IT giants

Indian IT stocks have felt pressure recently as global developments in artificial intelligence spark fresh concerns among investors. News of China ramping up its AI innovation, coupled with new product launches from international AI platforms, has triggered a wave of sentiment-driven selling in the sector. Speaking to ET Now, Sushovan Nayak from Anand Rathi highlighted […]

War Department to partner with OpenAI to integrate ChatGPT into GenAI.mil platform

Secretary of War Pete Hegseth announced the launch of GenAI.mil, a military-focused AI platform is designed to give personnel direct access to AI tools to help “revolutioniz[e] the way we win.” (Department of War) EXCLUSIVE – The War Department will partner with OpenAI to integrate the chatbot into GenAI.mil, a tool for military service members.  […]

Google’s AI investments pay off as Alphabet closes gap with OpenAI

‘The Big Money Show’ discusses the dump in software and data stocks after new AI tools spark disruption fears, destroying $300 billion in market value. Alphabet executives struck a confident tone on Wednesday’s post-earnings call, signaling that Google’s heavy investments in artificial intelligence are now translating into real revenue growth across the business. The call […]

Microsoft’s pivotal AI product is running into big problems| Business News

Microsoft’s Copilot chatbot has become central to its artificial-intelligence strategy as the company’s close partnership with OpenAI diminishes. But the effort to build it up as a ChatGPT alternative has been tough going. The stakes are high for Microsoft because Copilot is core to a push by Chief Executive Satya Nadella to transform Microsoft into […]

Nvidia pauses ambitious 100-billion-dollar investment in OpenAI amid ‘internal concerns’: Report| Business News

Nvidia’s proposal to invest as much as 100 billion dollars in OpenAI has been put on hold after concerns were raised internally at the chipmaker about the scale and structure of the deal. While the CEO downplayed the likelihood of finalizing the agreement, both companies remain committed to advancing AI development together. (AFP) The plan, […]

Apple to revamp Siri as a built-in iPhone, Mac AI chatbot to fend off OpenAI| Business News

Apple Inc. plans to revamp Siri later this year by turning the digital assistant into the company’s first AI chatbot, thrusting the iPhone maker into a Gen AI race dominated by OpenAI and Google. Apple and Google are discussing hosting the AI chatbot directly on Google servers running tensor processing units. (Reuters) The chatbot, code-named […]