Top Tech News: ChatGPT is Expedia’s preferred travel advisor. As prices rise, crypto investors in India cheer.

Top Tech News: ChatGPT is Expedia’s preferred travel advisor. As prices rise, crypto investors in India cheer.
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The travel industry is one of the first to adopt AI tools, as Expedia is adding ChatGPT. Read more tech news

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: Amazon has recently eliminated nearly 100 positions in its gaming division.

Fast-Track Insights: As prices rise, crypto investors in India cheer.

Expedia is introducing a new ChatGPT feature to its app, establishing the travel industry as one of the first to adopt artificial intelligence tools. Users of the Expedia app will be able to talk to a chatbot that uses OpenAI's ChatGPT technology to help them plan trips. Travelers can request recommendations for destinations, flights, and hotels using the feature, which is currently in beta testing. Travelers will be able to make reservations based on some of the suggestions.

As part of its larger reductions, Amazon.com Inc. laid off approximately 100 video game division employees, affecting employees at Prime Gaming, Game Growth, and the San Diego studio. In a Tuesday memo to employees, Games Vice President Christoph Hartmann wrote, "Our resources will be aligned to support our focus on content." Our teams will continue to expand as the progress of our project, and we will continue to invest in our internal development efforts going forward." Through its Crown channel, Amazon has struggled to make use of its gaming resources. As part of its larger reductions, Amazon.com Inc. laid off approximately 100 video game division employees, affecting employees at Prime Gaming, Game Growth, and the San Diego studio.

Artificial Intelligence transforms business in the modern era to use data to gain intelligence, such as identifying market opportunities, adapting to changing workforces and optimizing processes. Every business will begin using Artificial intelligence in 2023 to ease employee work and increase efficiency for effective-efficient work time management. AI systems are typically used to predict future outcomes by analyzing large amounts of labeled training data to identify patterns and correlations. Today, machine learning is the primary method for developing AI systems. Artificial intelligence is generally regarded as a supplement to, rather than a replacement for, human intelligence and ingenuity. The AI trend in 2023 has been the acceleration of AI applications in business to improve and automate processes and workspaces. In recent years, there are several different advancements in business technology. Nonetheless, none of the previous innovations have been as progressive or disruptive as artificial intelligence. Read More

The price appreciation of major cryptocurrencies in the first quarter of 2023 has provided some relief to Indian crypto investors, who suffered significant losses throughout 2022. At 5 p.m. on Tuesday, Bitcoin's year-to-date gains from January to April 4 were 68.56 percent, according to Coinmarketcap. Subsequent to starting the year at around $16,000, it is as of now exchanging at $28,280, denoting its best quarterly presentation in two years. The second-largest token, Ethereum, gained 49.55 percent to $1,861.93. Experts stated that anticipated monetary policy relaxation and banking disruptions that demonstrated the tokens' utility contributed to the rise of cryptocurrencies. CoinMarketCap.com reports that in the first quarter, the total market value of all cryptocurrencies increased by 49% to $1.18 trillion.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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