OpenAI’s ChatGPT Reportedly Costs $100,000 a Day to Run

OpenAI has been surprising the world with its achievements lately. With ChatGPT, an AI-powered chatbot, the company has made it possible to create interaction-style conversations. One thing about ChatGPT that has everyone on the edge of their seats is its human-like responses. Another fact fueling the excitement about OpenAI’s latest venture is that it is …

Microsoft Clears Air Regarding Activision with FTC

The Federal Trade Commission has blocked tech giant Microsoft in its attempt to acquire the video game developer Activision Blizzard, Inc. This would be Microsoft’s largest deal that strategically wipes out the competition in the video gaming industry. Owning the gaming franchises such as Call of Duty, the alleged $69 billion deal was held back …

Chinese-tech Giant, Huawei, Is Now Selling 5G Patents To Competitors.

Huawei, a Chinese tech giant, announces a global patent cross-licensing agreement with Oppo, a leading competitor in the tech industry. This agreement allows the two companies to share their intellectual properties and take leaps of innovation. With more than 20 years of innovation, Huawei was, at one time, the world’s largest smartphone manufacturer. They shipped …

Elon Musk vs. Apple: Has The War Begun?

Elon Musk has done it again—he’s brought the fight out into the open. This time it’s against Apple Inc. And it is a fight that is bound to be exciting. There are no legal tricks he could pull off, public shaming he could inspire, or any money he could throw away in pursuing both, that …

Domino’s Pizza to Launch EV Fleet to Oversee the Delivery Shortage Issue

Pizza is certainly one of the most filling foods, and when it comes to pizza, one of the most anticipated names is Domino’s, with its widespread availability across the world. But, when it comes to the demand for pizzas, especially Domino’s, the US residents win it. This excess demand has led to a shortage in …

Chip industry’s recovery relies on Tech Giants’ cost-cutting ventures

 If the tech giants decide to undertake significant operating and CapEx cuts, the chip industry may be in for an extended slump. Amazon, Google, and Microsoft operate the largest public cloud services and have collectively shelled out $120.6 billion in capital expenditures in the last four quarters. Along with Facebook, they plan on scaling back …

TikTok Plans To Double Staff Despite Mass Layoffs

“Our cadence of hiring is just right for us; we are still hiring — although at a pace that we think corresponds with the global challenges that we are facing,” Mr. Chew, CEO of TikTok, said at a Bloomberg event in Singapore recently. These are soothing words for an industry heavily impacted by the global …

Amazon Planning to Lay Off 10,000 Employees

Yes, you heard it right. This is real. The multi-million-making e-commerce company Amazon can no longer sustain its employees. Followed by many big tech companies around the globe, Amazon is also planning for layoffs. Read to know all about it. Why is Amazon Laying Off?  Amazon plans to start laying off a striking number of …

Mark Zukerberg Sacks 11,000 Employees in Worst Tech Layoff

“Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I’ve decided to reduce the size of our team by about 13 per cent and let more than 11,000 of our talented employees go”. With these words, Mark Zuckerberg, founder, and CEO of Meta laid off 11,000 employees, or about 13 …

Apple Outshines its Competitor Tech-Giants Alphabet, Amazon, & Meta with a $2.307 Trillion Market Worth

Apple is not only renowned for its iPhone, but also for its whopping market value. The exponential growth of Apple has been vividly noticed in its market value, surpassing the industry giants Amazon, Alphabet, and Meta combined. Currently, Apple is standing tall at a worth of $2.307 trillion, with its competitor fellows jammed at $2.306 …