OpenAI’s dominance in the generative AI market has led to significant growth in revenue and customer base. CEO Sam Altman recently announced that the company’s annualized revenue has more than doubled to $3.4 billion in the last six months, with projections suggesting it will surpass $4 billion by the end of 2024. The majority of … Read more
Google announced today that it has expanded its support for languages on Google Translate by adding 110 new languages. This nearly doubles the total number of languages that can be translated by the platform. The company used the Large Language Model PaLM 2 to help with these additions. The newly added languages are spoken by … Read more
Hock Tan, the CEO of chipmaker Broadcom, received a stock reward of $161 million, making him one of the highest-paid CEOs. The recent surge in Broadcom’s stock price has sparked interest in the possibility of further compensation increases, with its market value currently exceeding $1.3 billion. Broadcom disclosed that Tan’s share award covers a five-year … Read more