03
May
Google's parent company, Alphabet, topped market expectations in the first quarter of 2023 with a net profit of $15 billion, the company said Tuesday, in a sign the search engine giant is regaining its footing. The tech titan came under pressure due to a general slowdown in ad spending, over-hiring during the Covid-era boom and a great challenge of Microsoft in the field of artificial intelligence. Microsoft is investing billions of dollars in OpenAI, the company that is building the technology that powers ChatGPT and has released its latest version, GPT-4. That technology, which OpenAI says can be driven by…
