Amid a challenging period for enterprise software firms, C3.ai (AI 21.61%) reported better-than-expected results for its April quarter on Wednesday. The company has shown accelerating revenue growth for five consecutive quarters, reaching 20% growth in the latest period for the first time since 2022. This performance boosted its stock by 17% on Thursday. Contrasting Performances […]
Neuralink, Elon Musk’s company, implanted its advanced brain chip, “N1,” in a human for the first time, marking a significant milestone. Musk announced on Twitter that the patient is “recovering well,” and the implant appears to have successfully recorded neuron signals. This development is considered a significant step towards the potential restoration of lost functions […]
In a seismic development, the media industry’s inner workings have been thrust into the spotlight. This occurred following The New York Times‘ legal action against OpenAI and Microsoft. The lawsuit’s allegations of copyright infringement have laid bare the intricate and secretive negotiations. These negotiations have long been underway between media titans and AI giants. Content […]
This week, competitors of OpenAI are rapidly leveraging the upheaval within the artificial intelligence powerhouse. They are deploying enticing incentives and persuasive campaigns to attract OpenAI’s customers to their platforms. Google has initiated a compelling campaign by matching prices and offering cloud credits, while Amazon underscores its generative strategy as a viable alternative to relying […]