Tag: microsoft ai

Google expected to unveil its answer to Microsoft’s AI Search challenge
10May By adminNo Comments
Technology

Google expected to unveil its answer to Microsoft’s AI Search challenge

[ad_1] Alphabet Inc's Google on Wednesday is expected to unveil more artificial intelligence in its products to answer the latest competition from Microsoft Corp, which has threatened its perch atop the nearly $300-billion search advertising market.Through an internal project code-named Magi, Google has looked to infuse its namesake engine with generative artificial intelligence, technology that can answer questions with human-like prose and derive new content from past data. The effort will be the most closely watched as Google executives take the stage at its yearly conference I/O in Mountain View, California, near its headquarters. The result could alter how consumers access the world's information and which company wins the global market for search advertising, estimated by research...
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AI will change jobs in Asia Pac: Microsoft Work Trend Index reveals how
10May By adminNo Comments
Technology

AI will change jobs in Asia Pac: Microsoft Work Trend Index reveals how

[ad_1] Microsoft has announced it is expanding access to the Microsoft 365 Copilot preview and introducing new features and it has also released insights from its 2023 Work Trend Index report: 'Will AI Fix Work?' This follows on from earlier in 2023 when Microsoft had introduced Microsoft 365 Copilot, to bring new generative AI capabilities to apps like Microsoft Word, Excel, PowerPoint, Outlook, Microsoft Teams and more.The 2023 Work Trend Index data shows that the pace of work has accelerated faster than humans can keep up, and it's impacting innovation. Notably, next-generation artificial intelligence (AI) will lift this immense weight of work and importantly, organizations that move first to embrace AI will get to increase creativity and productivity. “AI represents a whole new way ...
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MakeMyTrip turns to AI to reshape travel booking, inks deal with Microsoft
8May By adminNo Comments
Technology

MakeMyTrip turns to AI to reshape travel booking, inks deal with Microsoft

[ad_1] OpenAI's ChatGPT has sent companies across the world scrambling to jump on the artificial intelligence (AI) bandwagon in order not to be left behind by niftier rivals. Now, MakeMyTrip has announced that it, and Microsoft, will work together to bring the benefits of AI to the travel industry.MakeMyTrip, in a statement said, that to make travel planning more inclusive and accessible, it will introduce voice-assisted booking in Indian languages. This mission will be powered by Microsoft Azure OpenAI Service and Azure Cognitive Services, which will converse with the user to offer personalized travel recommendations based on their preferences; curate holiday packages based on variable inputs like occasion, budget, activity preferences, time of travel, etc., and even help book these ho...
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Fierce AI Talent War Shifts to India With Salaries Being Doubled
5May By adminNo Comments
Technology

Fierce AI Talent War Shifts to India With Salaries Being Doubled

[ad_1] Aditya Chopra isn't looking for a new job, but recruiters keep calling him anyway. The 36-year-old data-science specialist works in artificial intelligence, perhaps the most coveted experience on the planet after OpenAI demonstrated the breakthroughs of ChatGPT. Chopra, who works outside of New Delhi, sees friends in the field get pay hikes of 35% to 50% each time they switch jobs. “There's a real shortage of data and AI talent,” he said.An AI hiring frenzy is ricocheting around the world, from Silicon Valley to Europe, Asia and beyond. While tech giants like Google and Baidu Inc. dangle top-notch packages for the engineers to build their own AI engines, companies in almost every other field — from health care and finance to entertainment — are staffing up too, to avoid getting b...
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AI ‘Will Cause Real Damage,’ Microsoft Chief Economist Warns
4May By adminNo Comments
Technology

AI ‘Will Cause Real Damage,’ Microsoft Chief Economist Warns

[ad_1] Artificial intelligence will be dangerous in the hands of unscrupulous people, according to Microsoft Corp. Chief Economist Michael Schwarz.“I am confident AI will be used by bad actors, and yes it will cause real damage,” Schwarz said during a World Economic Forum panel in Geneva on Wednesday. “It can do a lot damage in the hands of spammers with elections and so on.” AI “clearly” must be regulated, he said, but lawmakers should be cautious and wait until the technology causes “real harm.” Artificial intelligence tools have come under increased scrutiny as their use exploded in recent months following the debut of ChatGPT. Policymakers are trying to pressure companies to implement safeguards around the emerging technology.“Once we see real harm, we have to ask ourselves the simp...
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Google, Microsoft top expectations as AI rivalry heats up
27Apr By adminNo Comments
Technology

Google, Microsoft top expectations as AI rivalry heats up

[ad_1] Google parent company Alphabet beat market expectations in the first quarter of 2023 with a net profit of $15 billion, the company said on Tuesday, in a sign that the search engine behemoth is regaining its footing.The tech titan has found itself under pressure due to a general slowdown in advertising spending, over-hiring during a Covid-era boom and a major challenge by Microsoft on artificial intelligence. Its quarterly revenue came in at nearly $70 billion, a billion better than expected by analysts, and in the same three-month period that the company said it would lay off 12000 staff, or six percent of its workforce. Microsoft's results for the first three months of the year also pleased investors on Tuesday, lifted by its industry-leading business cloud products.The company ...
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Microsoft sees AI reshaping search as Google calms investors
27Apr By adminNo Comments
Technology

Microsoft sees AI reshaping search as Google calms investors

[ad_1] Alphabet Inc.'s Google and Microsoft Corp., whose quarterly earnings each got a boost from their established search and cloud-computing businesses, used their time with investors to emphasize what's next: artificial intelligence.In their respective earnings calls on Tuesday, the tech giants, which are becoming rivals in the competition for the future of search, offered up starkly different assessments of just how much disruption is in store for the market. Google executives encouraged investors to trust in the company's long track record as the world's leading search engine, and framed AI as just another shift in its constantly evolving business. Microsoft suggested that something much more dramatic is underway. Investors seemed to like Microsoft's thesis better, sending its shar...
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Microsoft Strung Together Tens of Thousands of Chips in a Pricey Supercomputer for OpenAI
14Mar By adminNo Comments
Technology

Microsoft Strung Together Tens of Thousands of Chips in a Pricey Supercomputer for OpenAI

[ad_1] When Microsoft Corp. invested $1 billion in OpenAI in 2019, it agreed to build a massive, cutting-edge supercomputer for the artificial intelligence research startup. The only problem: Microsoft didn't have anything like what OpenAI needed and wasn't totally sure it could build something that big in its Azure cloud service without it breaking.OpenAI was trying to train an increasingly large set of artificial intelligence programs called models, which were ingesting greater volumes of data and learning more and more parameters, the variables the AI system has sussed out through training and retraining. That meant OpenAI needed access to powerful cloud computing services for long periods of time. To meet that challenge, Microsoft had to find ways to string together tens of thousan...
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Microsoft and Alphabet Fail to Show at the AI Party
4Mar By adminNo Comments
Technology

Microsoft and Alphabet Fail to Show at the AI Party

[ad_1] Artificial intelligence is the buzziest of buzz words on Wall Street. Apart, that is, for the two firms that are seen to be at the cutting edge of the technology. While the likes of Nvidia Corp. and lesser-known AI plays have soared on the back of excitement over the potential boost to their business, Microsoft Corp. and Google parent Alphabet Inc. have underperformed this year. Their stock lethargy reflects both payback from AI investment that will likely be slower than for others, as well as the tougher backdrop for tech shares more broadly as the Federal Reserve aggressively raises interest rates to combat inflation. Both are up roughly 5% this year, not even half the gain of the Nasdaq 100 Index and far behind the nearly 60% surge in Nvidia, which...
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Microsoft bakes ChatGPT-like tech into search engine Bing
8Feb By adminNo Comments
Technology

Microsoft bakes ChatGPT-like tech into search engine Bing

[ad_1] Microsoft is fusing ChatGPT-like technology into its search engine Bing, transforming an internet service that now trails far behind Google into a new way of communicating with artificial intelligence. The revamping of Microsoft's second-place search engine could give the software giant a head start against other tech companies in capitalizing on the worldwide excitement surrounding ChatGPT, a tool that's awakened millions of people to the possibilities of the latest AI technology. Along with adding it to Bing, Microsoft is also integrating the chatbot technology into its Edge browser. Microsoft announced the new technology at an event Tuesday at its headquarters in Redmond, Washington. Microsoft said a public preview of the new Bing will launch Tuesday for users who sign...
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