Top tech news: Analysts Claim that Microsoft Leads the AI battle with ChatGPT and Bing. The Future of the Crypto Industry is Regulated, According to Franklin Templeton CEO
Analysts claim that Microsoft is the industry leader in AI because of products like ChatGPT and Bing
Good morning tech fam, here are some quick tech updates for you to catch on to!
What’s New Today: Halo division to be shut down by Amazon as part of broader layoffs.
Fast-Track Insights: The Future of the Crypto Industry is Regulated, According to Franklin Templeton CEO
AI chatbots like Microsoft’s new Bing, Google’s Bard, and ChatGPT are getting a lot of attention. Although artificial intelligence (AI) is not a novel idea, the popularity of OpenAI’s ChatGPT sparked a lot of interest in the field. When the AI chatbot was unveiled in November 2022, it quickly became the only topic of conversation. Microsoft had collaborated with OpenAI long back and in January this year, the two organizations declared that they are fortifying their association further and are going into a long-term, multibillion-dollar speculation’.
Amazon declared that closing down its Corona division sells well-being and rest trackers on Wednesday. The tech conglomerate is announcing broader layoffs at the same time as this decision is made. Halo device purchases made in the previous year will receive a full refund from the company, which has stated that it will cease supporting Halo services on July 31. Amazon has informed affected US and Canadian employees, according to a blog post. The number of Halo division employees affected by its closure was not stated in the post.
The logical output is produced by fuzzy logic systems in response to uncertain, disorderly, deformed, and incomplete fuzzy inputs. Artificially intelligent fuzzy logic is a method of problem-solving that resembles human reasoning. The strategy will be an exact reproduction of how a person would decide, and it should consider all possible solutions to the issue along with a digital output of YES or NO. The fundamental logic system is an n-valued logic system that applies the scale of the input state and produces outputs depending on the input state and degree of change of these states. To provide a definitive output, the developer of fuzzy logic systems, therefore, incorporated all conceivable logic of inputs in the system. They support the management of uncertainty in tiny micro-controllers, car operations, electrical gadgets, etc. Read More
Many participants in the business often complain about the lack of crypto laws in the U.S., but Jenny Johnson, CEO of Franklin Templeton, said she believes the sector must realize that more regulations are on the way, whether they like it or not. According to Johnson, the business’s future “will be regulated,” and cryptocurrencies like bitcoin (BTC) are only a “distraction” from blockchain technology, which is what the industry is known for. Blockchain will cause the most disruption to the financial system, and Bitcoin is the biggest diversion from that, according to Johnson.
