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OpenAI yearly revenue closes in on $1 billion

09/11/202309/11/2023 Jesse Collins

The developer of the generative artificial intelligence ChatGPT bot is bringing in $80 million monthly. OpenAI, the developer of the generative artificial intelligence (AI) ChatGPT bot is generating approximately $80 million in monthly revenue according to a recent Bloomberg News report at the end of August, citing an unnamed source familiar with the matter. The growth of the adoption of ChatGPT has been enormous, having only debuted last fall. Following the explosively successful launch of OpenAI’s ChatGPT, there has been a massive investment into the generative AI market. This particular…

ChatGPT use could end the career of a US lawyer

06/01/202305/31/2023 QR Code Press

The New York lawyer is facing a court hearing after his firm used the AI tool for legal research. A New York lawyer’s career is on the line after his firm used ChatGPT to conduct legal research. A judge for the case has said that they are now facing “unprecedented circumstances” after the lawyer’s filing was determined to have referenced legal case examples that did not exist. The lawyer told the court he was “unaware that its content could be false” when using the AI tool. According to the lawyer,…

My AI Snapchat feature raises privacy red flags among users

05/04/202305/03/2023 L. Green

The new feature was launched at the end of February, but users aren’t feeling comfortable with it. Snapchat first launched its My AI feature on February 27, limiting the initial rollout of the artificial intelligence technology to certain subscribers. The feature provides app users with a chatbot experience using the same technology behind ChatGPT. Initially, My AI was introduced to Snapchat+ subscribers as an experimental feature. However, on April 19, the artificial intelligence chatbot was made available to all users, subscribers or not. Users and the chatbot have exchanged almost…

Bing search engine gets upgrade similar to ChatGPT

02/09/202302/08/2023 L. Green

Bing search engine - A web browser search engine

Microsoft also announced that it is equipping its Edge browser with OpenAI as well. Microsoft has announced that it is integrating technology similar to ChatGPT into its Bing search engine as well as into its Edge browser. This represents a major transformation for its service, which is currently well behind Google in popularity. This new technology could provide Microsoft’s service with an advantage against other tech companies. Microsoft is hoping that this major change to the Bing search engine could provide this technology a substantial advantage over other tech companies,…