Tag: OpenAI

EU probes Vole’s AI antics

Posted on January 10, 2024 by - News

The EU has launched a probe into Microsoft’s $13 billion deal with OpenAI, the firm behind the world’s most popular chatbot, ChatGPT.

The Brussels bigwigs want to know if the deal is a sneaky way of merging the two tech giants and creating a monopoly in the booming artificial intelligence (AI) industry.

The EU’s competition boss, Margrethe Vestager, who is jetting off to California this week to grill the top dogs of Apple, Google and OpenAI, said she wants to keep the AI market fair and open.

She said she is asking businesses and experts to spill the beans on any dodgy dealings in the AI sector, and keeping a close eye on any cosy partnerships that could harm competition.

Microsoft poaches key Open AI staff.

Posted on November 21, 2023 by - News

Software King of the World Microsoft has swept in to poach key OpenAI staff in the wake of the firing of Sam Altman.

For those not in the know, the Board fired Altman for needing to be consistently candid in his communications with the board and hindering its ability to exercise its responsibilities.

The job was passed to chief technology officer Mira Murati, at least for now.

However, Microsoft was furious, having invested $13 billion in the company and needing it for its bold new AI plans.  Microsoft’s response was to hire Altman and any staff who wanted to come with him to form a new AI research division.

Microsoft winning the AI race

Posted on February 13, 2023 by - News

Microsoft and OpenAI have a first-move advantage in the exploding market for AI chatbots, according to Daniel Ives, managing director and senior equity research analyst at Wedbush Securities.

Through its early and continued backing of ChatGPT developer OpenAI, Microsoft is “leading so far” in the “Al arms race,” he wrote

Last week, Vole and Google held product events this week about their respective chatbot plans, Google’s event for its forthcoming Bard chatbot was “underwhelming,” according to Ives. Additionally, a Google ad for Bard, which featured an inaccurate piece of information served up by the chatbot, was “an absolute near-term gut punch to Google’s Al credibility,” Ives wrote.