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Oracle Corp’s (NYSE: ORCL)...

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15%...

RTX Corp (NYSE: RTX)...

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03...

GameStop Corp. (NYSE:GME) Quarter...

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after...

Advanced Micro Devices (NASDAQ:AMD)...

Shares of Advanced Micro Devices (NASDAQ:AMD) drops 0.38% in afterhours in last trading...
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Microsoft Corp. (NASDAQ: MSFT) Increases Its Bets on Artificial Intelligence

Microsoft Corp. (NASDAQ: MSFT) rose 1.34% in pre trading session on Tuesday as the company announced plans for an event at its headquarters on Tuesday, leaving the subject open to speculation as the company increases its bets on artificial intelligence, including incorporating OpenAI’s ChatGPT bot into its Bing search engine.

In an invitation to reporters, the company said it would “share some progress on a few exciting projects” at 10 a.m. local time at its Redmond, Washington, headquarters. Microsoft has increased its investments in artificial intelligence, and competition in the field of generative AI, which generates new content from digital troves of text, photos, and art, is heating up.

According to a person familiar with the matter, Microsoft has been planning to add ChatGPT to Bing in order to provide better, more precise answers to queries rather than a list of links, in yet another attempt to take market share away from Google’s dominant search engine. According to Statista, Bing controls about 9% of the global search market.

Last month, the software giant also announced a multibillion-dollar investment in OpenAI over several years, which a person familiar with the matter estimated at $10 billion. The two companies are getting closer, with Microsoft providing cloud computing power to OpenAI while incorporating the AI research lab’s systems into its own software. Sam Altman, the startup’s co-founder and CEO, tweeted a photo with Microsoft CEO Satya Nadella on Monday, saying he was at Microsoft headquarters and “excited” for Tuesday’s event.

Google, a subsidiary of Alphabet Inc., announced Monday that it has released a ChatGPT competitor called Bard for testing, and that the general public will be able to use the service “in the coming weeks.” Bard is based on LaMDA, a large language model developed by Google that sparked outrage in May when a Google software engineer publicly claimed that the AI was “sentient” — a claim that has since been widely disputed. When given simple prompts, such as what to make for lunch or how to plan a friend’s baby shower, the chatbot aims to generate detailed responses.

Microsoft (NASDAQ: MSFT) Looks Into Problems with Its Email Service Outlook 

Microsoft Corp (MSFT) said it was looking into problems with its email service Outlook after users in North America reported difficulties accessing, sending, or searching for emails on the platform.

According to Downdetector.com, which tracks outages by collating status reports from sources, including user-submitted errors on its platform, there were over 2,000 incidents of people reporting issues with Outlook late Monday at about 23:10 ET. As of 2:10 ET, the web monitoring firm reported 351 incidents of people filing complaints.

“Users attempting to access Outlook.com from the North American region may be unable to send, receive, or search email. Calendar functionality used by other services such as Microsoft Teams would also be impacted “Microsoft announced the change on its status page.

According to Microsoft, the problem was caused by a “recent change,” and the company was working to restart portions of the affected infrastructure in order to restore service.

 

Oracle Corp’s (NYSE: ORCL) Cloud Business Faces Headwinds: What Lies Ahead

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15% or $15.21 to trade at $111.50 in pre trading session on...

RTX Corp (NYSE: RTX) Updates 2023-2025 Outlook amid Engine Part Challenge

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03 per share, bringing its current trading price to $77.45. The company,...

GameStop Corp. (NYSE:GME) Quarter Report: Resilience amidst Market Turbulence

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after the market closes today. Shares were slightly down in the pre-trading...

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Virgin Orbit (NASDAQ: VORB) Plans to Use Chapter 11 Procedure To Increase Value For Its Company

Shares of Virgin Orbit Holdings Inc. (NASDAQ: VORB) persist its gain in pre trading session as jumps over 50% in previous session as the company's U.S. subsidiaries, a capable supplier of space launches, declared that it has started a...

Teck Resources Limited (NYSE: TECK) Submits Proxy Circular, Supporting Documents for 2023 Meeting

Teck Resources Limited (NYSE: TECK) inches up in early session on Tuesday as the company announces that the management proxy circular and supporting documents for its annual and extraordinary shareholder meeting scheduled for April 26, 2023 have been submitted....

Broadcom Inc. (NASDAQ:AVGO) Soars After Britain Will Probe Its Acquisition of VMware (NYSE:VMW)

Broadcom Inc. (NASDAQ: AVGO) surges over 1.2% in pre trading session on Wednesday as the Britain declared it will thoroughly look into Broadcom's acquisition of VMware, Inc. (NYSE: VMW) after the US chipmaker made no quick commitments in response...

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