OpenAI is throwing down the gauntlet at Google by rolling out its new search feature
ChatGPT is getting an upgrade with web search. OpenAI just upped ChatGPT’s search abilities. On Thursday, the GenAI company said that its chatbot will have a new and improved search feature that can provide “links to relevant web sources” when asked a question. OpenAI said ChatGPT can handle requests that users would’ve had to use…
Big Tech’s vanishing perks have left employees to face a stark new reality
Boo! Did I scare you? If not, maybe this will surprise you: Microsoft disclosed an equity investment in OpenAI for the first time, SEC filings show. It could hint at an evolution in their relationship, as the tech giant previously described their deal as “a long-term partnership” in filings. In today’s big story, Big Tech…
3 reasons why surging gold prices will climb another 8% by the end of 2025, Goldman says
A gold-buying spree has turned the yellow metal into one of this year’s hottest investments. Though the commodity has already soared more than 30% year-to-date, Goldman Sachs anticipates that there’s even more upside in store next year. In a note published Tuesday, the bank projected that gold will reach $3,000 an ounce by the end…
Stock market today: Indexes drop as tech shares slide before Apple, Amazon earnings
Apple CEO Tim Cook Indexes slid on Thursday, heading for a second day of declines as big tech earnings fail to impress investors so far. The S&P 500 and Nasdaq both slid, and the Dow Jones Industrial Average lost over 200 points shortly after the opening bell. The drop comes amid a packed week for…
The US economy is in for a double shock if Trump is elected president, Nobel economist Paul Krugman says
The US could be in for twin shocks if Trump becomes president for a second time, Nobel economist Paul Krugman said. The Nobel economist pointed in particular to the former president’s plan to raise tariffs on virtually all imported goods, as well as his plan to carry out the “largest deportation in the history of…
Endeavor is using AI to modernize manufacturing. Check out the 9-slide deck it used to raise a $7 million seed round.
Sahitya Senapathy, founder and CEO of Endeavor. A startup that aims to become the “Palantir for factories” has just secured $7 million in seed funding. San Francisco-based Endeavor, launched by 22-year-old Sahitya Senapathy, is developing an AI platform to help modernize manufacturing firms. “We deeply embed with traditional manufacturers — think industries that are often…
The Kremlin says it hopes an unpronounceably huge fine got Google’s attention
The Kremlin has responded to the news of Russia’s astronomically high fine on Google. An enormous fine levied by a Russian court on Google caught the attention of the Kremlin — which hopes Google will notice in turn. President Vladimir Putin’s spokesman, Dmitri Peskov, commented on the sum on Thursday. It came after a court…
AI hype is a bubble set to burst as it follows the path of tech manias throughout history, legendary investor Jeremy Grantham says
Legendary investor and co-founder of Grantham, Mayo & van Otterloo, Jeremy Grantham The market’s endless hype for artificial intelligence is a classic bubble following the path of others throughout history. That’s according to veteran investor Jeremy Grantham, who foresees a difficult path ahead for the stock market as the bubble gets bigger. Losses will pile…
Uber drops after its bookings results and forecast fail to impress
Dara Khosrowshahi, Uber CEO. Uber took a hit Thursday after the ride-hailing and delivery company reported mixed third-quarter results. The company reported gross bookings of $41 billion in the quarter, up 16% from the same period last year. That figure, which represents the dollar value of rides and deliveries, came in slightly below Bloomberg analyst…
