YouTube paid $3 billion to the music industry last year from advertisement and subscription revenue, CEO Susan Wojcicki said in a letter on Friday commemorating the video-platform’s 15th year in operation. The insight comes after last week’s earnings call when Alphabet, Google’s parent company, broke out YouTube’s ad revenues for the first time, showing the service brought in over $15 billion...
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OpenAI’s Hidden Weapon: Ex-Google Engineers
As OpenAI’s web chatbot became a global sensation in recent months, artificial intelligence practitioners and investors have wondered how a seven-year-old startup beat Google to the punch. Google runs two of the world’s foremost AI research groups, yet a startup quickly developed a product, ChatGPT, that tens of millions of people have already used and that Google’s leaders...
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