Big Tech Bets Big on AI
The tech sector continues its preoccupation with AI. Recently, xAI and Telegram announced a new partnership that will see its Grok chatbot deployed in the messaging app, with the Pavel Durov-helmed company to receive a guaranteed $300 million in cash and shares, as well as 50% of any future revenue from X subscriptions made through Telegram.
Meanwhile, ChatGPT boss Sam Altman has teamed up with Sir Jony Ive, the designer of the iPhone, to deliver the “coolest piece of technology that the world will have ever seen,” while Apple have tapped Perplexity as a potential alternative to ChatGPT.
In a relatively short timeframe, AI has become the most critical battleground for tech businesses everywhere. With so much progress made since ChatGPT’s emergence in late 2022, it will be fascinating to see what the next epoch of this saga looks like.
