ByteDance’s operating losses more than tripled last year to more than $7 billion amid spending on growth, the Wall Street Journal reported , citing a financial report shared with staff. The TikTok parent company’s net loss widened by more than 87% to $84.9 billion in 2021, while revenue soared almost 80% to $61.7 billion last year, the Journal reported. The report, which covers 2020 and 2021,...
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What Google’s AI Catch-Up Reveals
Google is finally waking up. After weeks of excitement coursing through tech about OpenAI’s ChatGPT chatbot, paired with news coverage of how Microsoft plans to incorporate it into products like Bing and Word, Google has made a move. The tech company once seen as a leader in artificial intelligence on Monday unveiled its version of a conversational AI service, which it calls Bard. Google said...
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