Welcome to the forefront of conversational AI as we explore the fascinating world of AI chatbots in our dedicated blog series. Discover the latest advancements, applications, and strategies that propel the evolution of chatbot technology. From enhancing customer interactions to streamlining business processes, these articles delve into the innovative ways artificial intelligence is shaping the landscape of automated conversational agents. Whether you’re a business owner, developer, or simply intrigued by the future of interactive technology, join us on this journey to unravel the transformative power and endless possibilities of AI chatbots.
Innovation
Microsoft unveiled its first custom chips designed for AI.
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Share prices of Nvidia—a leading chip producer behind generative AI—have skyrocketed in recent months, surpassing $502 per share in August before declining narrowly to nearly $490 as of Wednesday. The company’s impressive stock hike over the summer came on the heels of a spike in its quarterly sales and profits, beating analysts’ expectations by more than 20%, and as generative AI platforms take off, including OpenAI’s ChatGPT, GitHub Copilot, Google’s Bard and Microsoft’s Bing Chat.
Amazon and Google have both developed custom chips for cloud computing and have entered the blossoming AI arena. Amazon in September announced plans to invest as much as $4 billion in AI startup Anthropic, which the company said it hopes to use in its products and services. Google also invested $300 million in Anthropic late last year, saying it plans to co-develop AI computing systems. Microsoft, which backs ChatGPT maker OpenAI, announced in an earnings report last month it had raked in more than $56 billion in sales over the previous quarter, beating analyst projections as it leaned heavily into artificial intelligence, including its Azure cloud business.
This article was first published on forbes.com and all figures are in USD.
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