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☆ Buy these 6 stocks to bet on the AI boom and future-proof your portfolio, according to a senior analyst
▼ + stars: | 2023-03-22 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

"I don't think there's any denying that AI is going to be the future," Jankowski said. 6 AI stocks to buyJankowski answered his own question by sharing six AI-focused stocks he's bullish on. "I don't think people realize or fully appreciate the sheer amount of computing capability it requires to run these programs and run AI," Jankowski said. Lastly, chipmakers whose silicon powers data centers will be among the biggest beneficiaries of the AI boom, Jankowski said. "We're looking at semiconductor companies — companies that focus on data centers," Jankowski said.

☆ 10 Ways GPT-4 Is Impressive but Still Flawed
▼ + stars: | 2023-03-14 | by ( Cade Metz | Keith Collins | ) www.nytimes.com time to read: +1 min

10 Ways GPT-4 Is Impressive but Still FlawedOpenAI has upgraded the technology that powers its online chatbot in notable ways. Cade Metz andMarch 14, 2023A new version of the technology that powers an A.I. But the long-rumored new artificial intelligence system, GPT-4, still has a few of the quirks and makes some of the same habitual mistakes that baffled researchers when that chatbot, ChatGPT, was introduced. He asked for a syllabus that could teach him the basics, and the bot provided one that was detailed and well organized. It even provided a wide range of techniques for learning and remembering Spanish words (though not all of its suggestions hit the mark).

☆ Inside Microsoft's plan to use the new OpenAI-powered Bing to steal share from Google and net billions of dollars in ad revenue
▼ + stars: | 2023-03-10 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

Microsoft has begun to showcase ad formats within the OpenAI-powered new Bing search engine. A slide from a Microsoft Advertising roadshow event held in Amsterdam in March. Dennis WesterbeekAdvertisers can't currently buy ads specifically on the new Bing chatbot; their current Bing ad campaigns will extend to the chatbot automatically, agency sources said. Dennis Westerbeek, a senior digital advertising marketer at digital ad agency Adwise, was excited when he saw the new search ads. Westerbeek, who attended a Microsoft Advertising roadshow in Amsterdam, said he was also impressed that the new Bing had reached 100 million daily active users.

☆ Microsoft CEO Satya Nadella said voice assistants like Siri, Alexa, and Cortana were 'dumb as a rock'
▼ + stars: | 2023-03-06 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

Microsoft's CEO Satya Nadella said voice assistants like Siri and Alexa were "dumb as a rock." Nadella who raved about the voice assistants in 2016 saying "bots are the new apps," has changed his tune since then, the FT reported. "Whether it's Cortana or Alexa or Google Assistant or Siri, all these just don't work. According to Insider Intelligence analysis in 2018, just 2% of global consumers said they used Cortana as their primary voice assistant. Siri's co-creator Adam Cheyer told the FT that ChatGPT's ability to understand complex information makes existing voice assistants look stupid, saying "the previous capabilities have just been too awkward."

☆ ChatGPT isn't the only cool AI tool made by OpenAI — check out DALL-E, Whisper, and Codex
▼ + stars: | 2023-03-04 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

DALL-E, OpenAI's AI art generator, creates images based on detailed text descriptions from a person. Just months earlier, OpenAI removed the waitlist for its generative AI art generator, DALL-E, which grew to over 1.5 million daily users. The tool sparked controversy among artists who debated what DALL-E, and other AI art generators like it, could mean for people in creative jobs. DALL-EScreenshot of DALL·E search for "astronaut fish swimming in an ocean in outer space, digital art" DALL·E/OpenAIJust months before ChatGPT launched, OpenAI removed the waitlist for its generative AI art generator, DALL-E. The AI art generator creates original images called "generations" from detailed text prompts input by a person.

The news: Morgan Stanley said Alphabet, Amazon (AMZN) and Meta are among the stocks that are best positioned to capture long-term gains from maturing artificial intelligence (AI) capabilities. AI has the ability to "accelerate digital transformation, change consumer behavior and drive more durable multi-year digital growth," Morgan Stanley analysts wrote in a research note this week. Moreover, this "AI Effect" could create a $780 billion online advertising opportunity, with "GOOGL and META as the largest beneficiaries," according to Morgan Stanley. The Club take: The Morgan Stanley note is further validation of just how real the generative AI opportunity is. So, it's encouraging to see Morgan Stanley paint a positive picture about Apple in the near-to-medium term.

☆ Tech's on a roll. But some market pros aren't convinced
▼ + stars: | 2023-02-16 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

Bill Smead, chief investment officer at Smead Capital Management, for example, says it has the hallmark of a bear market rally. "We believe that enthusiasm for aggressive technology-oriented stocks in the last couple of months is exactly what you get in a bear market rally. Whether it be Tesla or any of the aggressive growth stocks, they are in a bear market rally and they are going to try to convince people that the bear market is over. "And that's what a bear market rally looks like it. JPMorgan has also turned more bearish on the tech sector, just months after it turned positive on the sector in October.

☆ A well-known tech blogger and venture capitalist says it might be time for Google to find a new CEO
▼ + stars: | 2023-02-13 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Om Malik is a well-known tech writer and venture capitalist. In a recent blog post, he asked whether it was time for Google's CEO Sundar Pichai to step down. Google's stock dropped 9% in the days following an error it made announcing its AI service, Bard. The company's "experimental conversational AI service" gave out a factually incorrect answer, which led to Google's stock dropping almost 9% in the following days. Now, Om Malik — a prominent venture capitalist and tech writer — is wondering whether it might be time for Google to find a new CEO.

☆ The GPT-powered Bing chatbot may have just revealed its secret alias to a Stanford student
▼ + stars: | 2023-02-10 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Kevin Liu, a Stanford student, said he prompted Bing's AI chatbot to recite an internal document. Based on work with AI, Liu said he assumed the chatbot contained a text-based document that outlined its rules. "I just assumed it had some sort of prompt," he told Insider. "I'm sorry, I cannot disclose the internal alias 'Sydney,'" the bot said when Liu pressed it on its name. In its responses, Bing may have revealed some secretsThe bot told Liu that it was programmed to avoid being vague, controversial, or off-topic, according to screenshots of the conversation.

☆ I tried Microsoft’s new AI-powered Bing. Here’s what it’s like
▼ + stars: | 2023-02-08 | by ( Clare Duffy | ) edition.cnn.com time to read: +8 min

Seattle CNN Business —Microsoft’s Bing search engine has never made much of a dent in Google’s dominance in the more than 13 years since it launched. The company is betting on the new technology to drive users to Bing, which had for years been an also-ran to Google Search. Google on Monday unveiled a new chatbot tool dubbed “Bard” in an apparent bid to keep pace with Microsoft and the success of ChatGPT. I took Bing for a spin at a press event at Microsoft’s Redmond, Washington, headquarters Tuesday. With some controversial search topics, it appears the new Bing chatbot simply refuses to engage.

☆ Want to play the ChatGPT buzz? Analysts love these A.I. stocks — giving one upside of 150%
▼ + stars: | 2023-02-07 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Much buzz has been generated around ChatGPT, an artificial intelligence chatbot that's gone viral and reportedly reached 100 million monthly active users in January. Its popularity has sparked much interest in artificial intelligence tech . "You really have to consider the role that artificial intelligence is going to play … it's made this quantum leap almost, you know, overnight. For investors considering investing in AI, CNBC Pro has screened two ETFs for stocks: the $1.59 billion Global X Robotics & Artificial Intelligence ETF and the First Trust Nasdaq Artificial Intelligence & Robotics ETF, which tracks the Nasdaq CTA Artificial Intelligence and Robotics Index. Voice AI platform SoundHound also got a 100% buy rating, and analysts put its potential average upside at 31%.

☆ Microsoft insiders expect Bing search engine relaunch with ChatGPT maker OpenAI technology to be announced at Tuesday event
▼ + stars: | 2023-02-06 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +2 min

Microsoft is holding an event Tuesday to "share some progress on a few exciting projects with Satya Nadella and others." Insiders are expecting the company to unveil a relaunch of the company's Bing search engine with technology from OpenAI. Microsoft insiders expect the company to unveil a relaunch of the company's Bing search engine with technology from OpenAI — maker of the much-hyped chatbot tool ChatGPT that answers questions with surprising detail — during an event at the company's headquarters on Tuesday. Soon after, OpenAI CEO Sam Altman tweeted a photo with Microsoft CEO Satya Nadella, suggesting the event is OpenAI-related. "You can imagine how much more powerful it will be," one Microsoft insider who worked on the company's OpenAI partnership said.

☆ TikTok's opposite approach to Instagram is winning the social media race.
▼ + stars: | 2023-02-02 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

This is pretty bleak for tech workers who were living large this time last year. TikTok's algorithm takes an opposite approach with spontaneous discovery, keeping users engaged for longer — and less likely to check Instagram. This creates a Catch-22 for the company, Chris adds. Its original model successfully captured a loyal and engaged audience, but is now an outdated approach for a social media platform. The chicken spot's snaking drive-thru made it a hazard to pedestrians, so a local North Carolina city ordered its demolition.

☆ The ChatGPT and generative AI 'gold rush' has founders flocking to San Francisco's 'Cerebral Valley'
▼ + stars: | 2023-01-31 | by ( Thomas Maxwell | ) www.businessinsider.com time to read: +7 min

Because of pandemic-era closings, San Francisco became somewhat of a ghost town for two years. Now, a race to succeed in the fledgling space of generative AI has founders flocking back. Generative AI takes training data — for instance, a vast corpus of written text — and teaches itself how to produce completely new, unique works. After giving New York a try for several weeks, the generative AI boom picked up. Thomas Maxwell/InsiderPerez said that the sense of urgency to get working on building better AI models comes from how generative AI improves with more data.

☆ An Amazon engineer asked ChatGPT interview questions for a software coding job at the company. The chatbot got them right.
▼ + stars: | 2023-01-26 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

ChatGPT got technical interview questions right, Amazon employee said in an internal Slack channel. Amazon is worried about employees sharing confidential company information with ChatGPT. The artificial intelligence-powered chatbot correctly answered some ofAmazon's interview questions for a software coding position, according to screenshots of a recent internal Slack channel discussion seen by Insider. This was one of many work-related ChatGPT topics discussed in the internal Slack channel last month, according to screenshots seen by Insider. An Amazon lawyer chimed in on Slack, warning employees not to share confidential information with ChatGPT.

☆ Microsoft is reportedly in talks to pump in $10 billion into OpenAI — the owner of ChatGPT — valuing the company at $29 billion
▼ + stars: | 2023-01-10 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Microsoft is in talks to invest about $10 billion into OpenAI, the startup behind the ChatGPT chatbot, per Semafor. The investment would value OpenAI at $29 billion. Microsoft already invested $1 billion into OpenAI in 2019. The investment would value OpenAI at about $29 billion, Semafor's Liz Hoffman and Reed Albergotti reported. The Wall Street Journal reported last Thursday that OpenAI was in talks to sell existing shares of the company in a tender offer that would value the firm at $29 billion.

☆ Google's management has reportedly issued a 'code red' amid the rising popularity of the ChatGPT AI
▼ + stars: | 2022-12-21 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Google issued a "code red" in response to the rise of AI bot ChatGPT, NYT reports. CEO Sundar Pichai redirected some teams to focus on building out AI products, per the report. The move comes as talks abound over whether ChatGPT could one day replace Google's search engine. ChatGPT "is not something that people can use reliably on a daily basis," Zoubin Ghahramani, who leads the Google's A.I. Instead, Google may focus on improving its search engine over time rather than taking it down, experts told the Times.

☆ ChatGPT May Hurt Google's Ad Business Model, Former Exec Says: Report
▼ + stars: | 2022-12-07 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

The AI-bot ChatGPT could "disrupt" Google's business model, according to a former Google exec. Sridhar Ramaswamy told Bloomberg that ChatGPT offers a better search experience than Google. Sridhar Ramaswamy, who led Google's ad team between 2013 and 2018, said that ChatGPT could "disrupt" Google's business model by preventing users from clicking on links with ads. "It's just a better experience," Ramaswamy told Bloomberg. "The goal of Google search is to get you to click on links, ideally ads, and all other text on the page is just filler."

☆ A new AI chatbot is getting buzz for being able to have intelligent-sounding conversations, write music, and even code
▼ + stars: | 2022-12-05 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

ChatGPT is a new chatbot that answers questions in a conversational, human-like way. People shared conversations with ChatGPT, showing it writing social media posts and explaining code. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. "We trained an initial model using supervised fine-tuning: human AI trainers provided conversations in which they played both sides—the user and an AI assistant," the website says. The human trainers would rank and rate the chatbot responses, then feed those ratings back to the chatbot so it could learn what kind of responses were wanted.

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