Microsoft’s latest AI tools underline its strategic push to revolutionize the tech landscape and outperform competitors.
GlobalData’s Company Analytics report reveals that Google’s top tech themes are Cybersecurity, AI & Cloud across datasets such as Jobs, Filings, Deals, and Social Media, while its parent company Alphabet’s top themes are AI, Cloud & Big Data.
As the global appetite for generative artificial intelligence (GenAI) reaches unprecedented levels, technology behemoths such as Microsoft, Google, Meta, and Amazon are not merely allocating substantial resources to develop novel GenAI models but are also actively pursuing advancements in product offerings, foundational infrastructure, and strategic collaborations to strengthen their positions across the GenAI technology spectrum.
A total of 219 deals were announced in the global Travel and Tourism sector during January to April 2023, which is a 43% decline over 384 deals announced during the same period in 2022, finds GlobalData.
The development of advanced language models such as ChatGPT (Generative Pre-trained Transform) has triggered discussions among companies regarding the potential risks associated with generative AI technology. While some believe that AI-powered products may improve efficiency and productivity, others worry about the impact on cybersecurity, search engine ranking, and profitability, says GlobalData.
Twitter CEO Elon Musk has recently unveiled plans to introduce an AI-powered chatbot “TruthGPT”. The announcement has generated significant buzz among Twitter influencers, as evidenced by a sharp increase in discussions during the third week of April 2023
The reopening measures in China will not only aid towards easing the raw material shortage in the APAC region but will also contribute towards the growth of other sectors, including tourism and hospitality.
AutoGPT, an open-source experimental AI agent, is rapidly gaining popularity since the beginning of April. It can autonomously perform various tasks, such as internet search, planning, coding, and debugging, making some jobs obsolete.
A total of 179 deals were announced in the global Travel and Tourism sector during the first quarter (Q1) of 2023, which is a 40.7% decline compared to the announcement of 302 deals during the same period in 2022.
cybersecurity concerns within the industry have escalated with a 4% year-on-year (YoY) rise in 2022