The members of PayPal’s board announced that PayPal’s new CEO will be Alex Chriss. He currently runs the small business and self-employed group at Intuit. Chriss will take over for PayPal’s present CEO Dan Schulman from Sept. 27. Schulman had earlier announced a plan to resign from the role by the end of 2023. He will…
Geoffrey Hinton, ‘the Godfather of AI’ received his Ph.D. in artificial intelligence 45 years ago and has remained one of the most reverential voices in this field. For the past decade, Hinton worked at Google, between the company’s Silicon Valley headquarters and Toronto. But he has quit Google, and he told the New York Times that he will…
An often-overlooked but crucially important environmental issue—Big Tech’s growing water footprint—is coming under more public scrutiny as a result of a global rush to capitalize on the next wave of generative artificial intelligence. Researchers say the race to profit from the next wave of AI is one of the main causes of the significant increase…
As many tech companies are showing growing interest in chatbot hype, Chinese e-commerce giant Alibaba said that it is working on creating a rival to ChatGPT. A company spokesperson said, “We are working on a ChatGPT-like technology and it is currently being tested internally.” With this statement Alibaba shares jumped by 3% in pre-market trade in the…
