Tech Giants Bet Big on AI - Microsoft, Google, Meta, IBM, Palantir Invest Billions amid Promise and Pitfalls
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Microsoft invested billions into OpenAI (ChatGPT) and other AI models, launched Copilot for Security product, and stock hit record highs.
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Google launched AI chatbot Bard, renamed it Gemini after issues; paused image generation amid concerns; CEO addressed unacceptable responses.
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Meta spending billions on AI chips from Nvidia, working on recommendation AI model to power Feeds and video ecosystem.
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IBM CEO envisions 30% of HR roles being replaced by AI; freed up people for more creative work after implementing AI for HR tasks.
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Palantir seeing surging demand for its AI platform; CEO cited AI for record revenue and new customers in latest earnings.