This surge reflects a compound annual growth rate (CAGR) of 33.7 per cent over the period from 2022 to 2027
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This new feature is positioned to enhance productivity and creativity without the need for additional downloads or websites, setting it apart from competitors like Google’s Gemini, OpenAI’s ChatGPT, and Microsoft’s Copilot
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The report underscores the broader implications of AI as a GPT, likening its potential to the industrial revolution's steam engine and the internet age's transformative power
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Financially, only 32 per cent of CEOs in India are primarily funding their AI investments through net new IT spending, with the majority opting to reduce other technology budgets instead
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Sutskever's new company wants to create a secure AI environment at a time when major tech companies are vying for dominance in the generative AI sector
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According to the IMF, unchecked adoption of generative AI, which powers chatbots like Microsoft's Copilot and OpenAI's ChatGPT, poses a risk of exacerbating job losses among white-collar professions
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The withdrawal of the lawsuit comes just before a Superior Court judge was scheduled to hear OpenAI’s bid to dismiss the case
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While 62 per cent of respondents claim awareness of products and services utilising AI, there exists a palpable trepidation, with 51 per cent showing nervousness about AI-driven products and services
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GitHub CEO Dohmke identifies AI regulation and funding as key challenges for India’s tech sector
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Musk’s warning comes in response to Apple’s recent announcement of new AI features across its apps and platforms
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