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Big talk and big bucks in generative AI, but is it peaking? - SiliconANGLE

Nov 10, 2023 - siliconangle.com
The article discusses the ongoing competition in the generative artificial intelligence (AI) market, with new capabilities from OpenAI, Elon Musk's xAI, Kai-Fu Lee's 01.AI, and Samsung's Gauss. It also mentions the involvement of Google Cloud, Microsoft, Hewlett Packard Enterprise, and SAP in the AI and cloud market. However, the Harvard Business Review questions if the generative AI market is reaching its peak. The article also highlights the earnings of various enterprise software companies and the efforts by Meta Platforms and Microsoft to regulate AI-influenced ads.

The article further discusses the funding and valuation of various AI companies, the introduction of new AI models, and the potential for a new, no-code enterprise app platform. It also mentions the skepticism around the use of AI in political ads and the recall of Cruise's robotaxis following an accident. The article concludes with updates on the enterprise and cloud market, cybersecurity and online safety, changes in leadership in various companies, and upcoming events in the tech industry.

Key takeaways:

  • The generative artificial intelligence market continues to grow with new capabilities from OpenAI, Elon Musk’s xAI, Kai-Fu Lee’s 01.AI, and Samsung’s Gauss. Major AI and cloud players like Google Cloud, Microsoft, Hewlett Packard Enterprise, and SAP are also making significant moves.
  • Despite the rapid growth, there are questions about whether the generative AI market is peaking. However, the ongoing scramble to ensure Kubernetes can handle the increasing AI workloads in the cloud suggests otherwise.
  • There are efforts to limit the use of AI in political ads by companies like Meta Platforms and Microsoft, but it remains to be seen if these moves are more than just attempts to appease regulators.
  • Major enterprise software companies have reported earnings, with most receiving positive responses from investors. However, some, like Arm, have disappointed in their post-IPO reports.
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