The artificial intelligence (AI) race is intensifying as companies push to develop high-performance models, with Alibaba (BABA) unveiling a new AI model that may rival DeepSeek. This surge in competition is influencing various industries, including energy. Amir Orad, CEO of Kraken, a company that provides AI-powered operating systems for energy utilities, joins Catalysts hosts Madison […]
By Haripriya Suresh and Akash Sriram MUMBAI (Reuters) – Indian IT firms need to rethink how they operate and the country needs to create its own language models as artificial intelligence technologies disrupt the sector, according to HCLTech CEO C Vijayakumar. The generative AI boom has threatened to disrupt business models for Indian IT companies […]
Artificial intelligence (AI) is increasingly being used by companies not just for cost-cutting, but also as a way to drive new revenue streams. Premium AI services, such as OpenAI’s subscription models, reflect the growing costs of delivering such technologies. Lead Edge Capital founder Mitchell Green explains to Catalysts hosts Seana Smith and Madison Mills “the […]
Now that the AI clickworker startup Invisible Technologies is wildly successful, its founder is buying out his VCs – and is borrowing against the company to do so. By Iain MartinForbes Staff In early 2020, Francis Pedraza was staring squarely at failure. For more than four years, the Cornell grad had been trying to combine […]
Just like the iPhone was viewed as a catalyst for innovation that changed the world, new hardware … [+] could be as impactful on the world economy and business as a whole as the creation of mobile devices and the software to power the mobile web has been. getty It seems like everyone relies on […]
This week’s news that the DeepSeek Chatbot app, developed by China, was downloaded from the Apple app store significantly more times than the US-developed ChatGPT from Open AI, wiped billions off the global tech market. Leon Neal | Getty Images News | Getty Images Plenty of Americans are discovering the AI search powers of DeepSeek, […]
Mike Cannon-Brookes, co-founder of software company Atlassian Corp., in Sydney, Australia, Dec. 6, 2023. Lisa Maree Williams | Bloomberg | Getty Images Atlassian shares popped 19% after the software company blew past Wall Street’s fiscal second-quarter earnings and guidance expectations. Shares traded near a fresh 52-week high and were on pace for their best day […]
Chinese artificial intelligence firm DeepSeek rocked markets this week with claims its new AI model outperforms OpenAI’s and cost a fraction of the price to build. The assertions — specifically that DeepSeek’s large language model cost just $5.6 million to train — have sparked concerns over the eyewatering sums that tech giants are currently spending […]
On Monday, Chinese artificial intelligence startup DeepSeek took over rival OpenAI’s coveted spot as the most-downloaded free app in the U.S. on Apple‘s App Store, dethroning ChatGPT for DeepSeek’s AI Assistant. Global tech stocks sold off and were on pace to wipe out billions in market cap. Tech leaders, analysts, investors and developers say that […]
Samsung is injecting another dose of artificial intelligence into its next lineup of Galaxy smartphones. Most of the hardware on the Galaxy S25 is mostly the same as last year’s model, except for a faster chip and a more powerful ultra wide lens on its improved camera.
