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Google Thinks It Can Cash In on Generative AI. Microsoft Already Has
While both Alphabet and Microsoft boasted strong quarterly earnings, only one tech giant showed that its generative AI bet is starting to pay off.
14 hours ago
WIRED Business
Google Thinks It Can Cash In on Generative AI. Microsoft Already Has
Meta’s Open Source Llama 3 Is Already Nipping at OpenAI’s Heels
Meta’s decision to give away powerful AI software for free could threaten the business models of OpenAI and Google.
24 hours ago
WIRED Business
Meta’s Open Source Llama 3 Is Already Nipping at OpenAI’s Heels
economy
TikTok’s Creator Economy Stares Into the Abyss
The US Senate voted to pass a bill that could see TikTok banned within a year, pitching creators and businesses dependent on the platform into an uncertain future.
2 days ago
WIRED Business
TikTok’s Creator Economy Stares Into the Abyss
GDP report Thursday expected to show economy still growing at a solid pace
The sum of all goods and services is expected to post 2.4% annualized growth for the three months ended in March.
1 day ago
CNBC Economy
GDP report Thursday expected to show economy still growing at a solid pace
expected
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.
3 hours ago
CNBC Economy
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
fed
Why the Fed keeping rates higher for longer may not be such a bad thing
It's a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.
2 days ago
CNBC Economy
Why the Fed keeping rates higher for longer may not be such a bad thing
gdp
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.
1 day ago
CNBC Economy
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
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