Investors Double Down on AI in 2023; Musk Unveils Chatbot Rival to ChatGPT
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Investors poured nearly $10 billion into AI startups in 2023, more than double the $4.4 billion invested in 2022, showing continued optimism about the tech.
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Elon Musk released Grok, his conversational AI chatbot to rival ChatGPT, in beta to some subscribers of his Twitter alternative X. He warns there will be "many issues at first."
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Meta is testing new AI capabilities in its Ray-Ban Stories glasses to analyze images the wearer sees and describe them, though features are still limited.
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Chipmakers like Intel are using AI tools to help accelerate processor design and manufacturing to bring chips to market faster.
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Spotify cut 1,500 jobs while touting greater use of AI technology across its platform to boost engagement and possibly enable subscription price increases.